Christmas has come and gone and you got everything you wanted, right? Like me, some of you may have gotten gift cards instead of actual presents. For most people, they are nice because it gives you the flexibility to get what you want from the store that you got it from. But, what if you got one for a store that you don’t necessarily shop at or have a gift card laying around that you haven’t used in a while and you know that you are not going to use it any time soon?
This is where a website like Cardpool comes in very handy. Whether you are looking to make some nice cash or want to buy discount gift cards, it’s a great resource to tap into to make this happen. Let’s take a look around.
Selling Your Gift Cards
Getting rid of those unwanted gift cards are pretty easy to do on Cardpool. All you have to do is make sure that the vendor of the card is supported on the website. Just about any major retail company is on the site; you will find it very hard to not find a company on there that you wouldn’t normally use. Once you find them, then you have to enter in the amount it is worth. Right now Cardpool only accepts cards that are worth $25 – $1000.
Entering info of gift card to sell
Once this information is given, you are now given an offer for your gift card; depending on the vendor and the amount will determine what price Cardpool is willing to pay for it. I would assume that if a gift card is in high demand that they are willing to give you more and vice versa.
There are two types of payments that you can get for your gift card. The first way is by check and you can either choose to mail your gift card in or choose to digitally give the card to Cardpool. If you are willing to have a little patience, more money is given if you decide to mail in your card. Either way, once Cardpool is able to verify the amount on the card, they will send you a check for the offer they gave you.
Offers for your gift card
The other type of payment you can get is in the form of an Amazon gift card. If you decide to choose this route, you will usually get a little more money, regardless of whether you choose to mail your gift card or just give it to them digitally. So, if you don’t mind spending some money on Amazon, and who doesn’t, this may be the way to go to get the best amount possible.
Amazon gift card offer
Once you decide on an offer, you are then asked to input the gift card number and pin if there is one. Then fill out some personal information about yourself and if you are mailing the card in you will receive a shipping label from Cardpool. If you decide to digitally give your card to them, you are asked to give them your credit card number as insurance just in case you are not being truthful on the amount. Once this is done you now just wait for your card to be verified and then you get paid. It is really that simple!
Entering in card info
Buying Gift Cards
Not only can you sell your gift cards and get some nice cash for it, but you can also buy them for a discounted price on Cardpool. They offer a wide variety of cards to choose from and they are usually anywhere from 4% to 30% off the regular price. When I last counted there were 125 different vendors that Cardpool was offering discounted gift cards for. That amount varies from time to time depending on the number and type of cards that people buy and sell on the site.
Variety of gift cards to purchase
Buying a gift card is pretty easy to do, as you just need to choose the vendor you want to go with first. Then you are given a list of the cards that the business has to offer and their amounts. This is where it is somewhat limiting because their amounts vary depending on what people are selling to the site. So you may not necessarily find the exact amount you are looking for all the time, but you can get some pretty good deals.
Different cards for vendor
Conclusion
Overall, Cardpool is a great way to either earn some cash or get some great gift cards at a reasonable discount. What I like about the site is the fact that they really cover all the bases as far as fraud and making sure that you as the seller and the buyer are getting the most out of your experience with the site. One thing that I wish could be improved on would be the variety of gift cards and amounts. Granted, I can get one for just about any major retailer, but you never know what amounts there are or whether you can get them electronically or not. I guess I like to have my options open if I need a last minute gift and need one delivered either through email or printing out.
That said, Cardpool is a great site and does a great job. There are other sites out there that do the same thing, but Cardpool is probably the most popular and recognized site. Go check it out and let us know what you think.