It’s tiring to have gift cards that you can’t use. Imagine turning them into instant cash with just a few taps on your phone! This way, you can say goodbye to unwanted balances and hello to immediate money in your account.
The Cash App makes the process simple and secure, whether for an emergency expense or a spontaneous treat.
To know all the details regarding ‘how to sell gift cards instant payment Cash App’, go through the full article. We will share the step-by-step process; yes, you will have some tips, too!
Understanding Gift Cards
Gift cards are prepaid cards that hold a specific value and can be used to purchase items at designated stores.
These digital assets serve as a payment method but are limited to the store that issued them. For example, an Amazon gift card can only be used at Amazon, and this principle applies to other brands like Steam, Apple, Google Play, and Sephora.
The balance of a gift card reflects the amount of money you can spend at the issuing store.
Similar to a prepaid phone, the balance decreases as you make purchases. If you redeem a $100 gift card, that amount is added to your account balance for spending at the designated store.
Types of Gift Cards
Gift cards come in various forms and amounts, making them versatile for different needs. Here’s a breakdown of their main characteristics:
Forms of Gift Cards
- Physical Gift Cards: You can hold tangible cards, usually in a fixed denomination. Examples include the physical versions of Google Play gift cards, available in amounts like $5, $10, $15, $25, $50, $100, and $200.
- Digital Gift Cards: These are electronic versions sent via email or stored in an app. They are convenient for instant delivery and use.
Denominations of Gift Cards
- Each gift card is assigned a specific value, known as its denomination.
- This amount sets it apart from other cards of the same brand.
- For instance, a $100 Steam gift card will add $100 to your Steam account, which you can use to buy games or other products.
How to Sell Gift Cards on Cash App
Selling your gift cards for instant payment via Cash App is simple. Follow these steps to convert your gift cards into cash:
- Open the Cash App: Launch the Cash App on your mobile device. If you don’t have the app, download and install it from your app store.
- Navigate to the Sell Gift Cards Option: Look for the app’s option to sell gift cards. This might be under the ‘Banking’ or ‘Cash’ section.
- Enter Gift Card Details: Provide the required information about your gift card, including the card number, the PIN (if applicable), and the brand of the card.
- Get a Quote: After entering your card details, Cash App will provide a quote for your gift card. This quote is the amount of money they will pay for your card.
- Accept the Quote: If you agree with the offered amount, accept the quote to proceed. This will initiate the process of selling your card.
- Submit Your Card: Submit your card information as prompted by the app. For physical cards, you should enter the card details or upload a picture of the card.
- Shipping (If Required): In some cases, especially for physical gift cards, you might be asked to ship the card to a designated address. Follow the instructions provided by Cash App for this process.
- Receive Payment: Once your card is processed and verified, you will receive the payment directly into your Cash App account. This process is usually quick, allowing you to access your funds instantly.
Benefits of Using Cash App for Instant Payments
Cash App is a popular mobile payment service offering numerous advantages for those seeking instant payments. Here are some key benefits:
1. Speed and Convenience
- Instant Transfers: Cash App lets you receive payments instantly, making it ideal for quick transactions.
- Easy Setup: Setting up an account is simple and only takes a few minutes, making it accessible even for beginners.
2. User-Friendly Interface
- Simple Navigation: The app has a clean, intuitive interface that is easy to navigate and use.
- Quick Transactions: Sending and receiving money is straightforward, requiring just a few taps on your mobile device.
3. Security Features
- Encryption: Cash App uses advanced encryption technology to protect your financial information.
- Two-Factor Authentication: Additional security measures like two-factor authentication help ensure your account remains secure.
4. Versatile Payment Options
- Multiple Payment Methods: You can link various payment methods, including bank accounts and debit cards, to facilitate transactions.
- Bitcoin Transactions: The Cash App also supports Bitcoin, allowing users to buy, sell, and transfer cryptocurrency.
5. Cash Card
- Free Debit Card: Cash App offers a free Cash Card that you can use for purchases and ATM withdrawals.
- Boosts: The Cash Card comes with “Boosts” discounts at various retailers and restaurants.
6. No Hidden Fees
- Transparent Pricing: Cash App is transparent about its fees and has no hidden charges for basic transactions.
- Free Transfers: Standard bank transfers are free, while instant transfers have a small fee, which is clearly stated before you proceed.
7. Cash App for Business
- Business Transactions: Cash App provides features tailored for businesses, such as creating a $Cashtag for easier transactions with customers.
- Tax Reporting: The app also assists with tax reporting, making it simpler to manage business finances.
Also Read : Make Extra Cash: Get Paid to Answer Questions in Your Free Time
Other Sites to Sell Gift Cards Instantly Online
Below are some top platforms where you can quickly and securely convert your gift cards into cash.
CardCash
Looking to turn your gift cards into instant cash? CardCash is a great option. They offer up to 92% of your card’s value. Additionally, CardCash provides extra offers to increase your resale value. You can also trade unused gift cards for new ones from various popular brands.
How to Sell Gift Cards on CardCash:
- Enter the required details, such as the retailer name and card value.
- Accept your instant offer, if available, and provide your gift card information.
- Proceed to checkout, where you’ll be informed whether your card needs to be sent electronically or via mail.
How Does CardCash Pay You:
Payments are made via check, ACH deposit, or PayPal.
Does CardCash Pay You Instantly:
Yes, once your order is approved, payments are typically processed within 1 or 2 days.
Pros:
- Receive up to 92% of the card’s value.
- Take advantage of extra offers to increase your resale value.
- Exchange your gift card for new ones from different retailers.
Cons:
- Gift cards with expiration dates are not eligible.
- You need a credit card to sell gift cards.
- A tracking service may be necessary to securely mail your cards.
- Only accepts gift cards issued by U.S. retailers.
2) GiftCash
GiftCash is another great platform for selling gift cards quickly and easily. It offers competitive rates and ensures a seamless process from start to finish.
How to Sell Gift Cards on GiftCash:
Enter your gift card details, including the retailer and balance, to receive an instant quote. Accept the offer and provide the necessary information to finalise the sale.
How Does GiftCash Pay You:
GiftCash pays you via bank transfer or PayPal, making the process quick and convenient.
Does GiftCash Pay You Instantly:
Yes, GiftCash aims to process payments within 24-48 hours of approving your gift card sale.
Pros:
- Get up to 93% of card value.
- Accepts gift cards with values ranging from $25 to $2000.
- You can verify your gift card balance immediately.
- You have the option to sell multiple gift cards at once.
Cons:
- Only gift cards valued at least $100 are accepted at Air Canada, Petco, and Apple/iTunes.
- Accepts cards from U.S. retailers only.
3) CardSell
CardSell is a reliable platform for converting your unused gift cards into cash. It offers a straightforward process and competitive payouts.
How to Sell Gift Cards on CardSell:
To sell your gift cards on CardSell, enter the retailer name and card balance. You will receive an instant offer and submit your card information if you agree to the price.
How Does CardSell Pay You:
CardSell pays you through PayPal, ensuring a fast and secure transaction.
Does CardSell Pay You Instantly:
Yes, payments are typically processed within 1-2 business days after verifying your card.
Pros:
- Easy-to-use platform.
- Fast payment via PayPal.
- Competitive rates for gift cards.
Cons:
- Limited selection of accepted gift cards.
- Only supports electronic submissions.
- International cards are not accepted.
4) Gameflip
Gameflip is a popular platform for selling gift cards, gaming items, and digital goods. It’s a versatile marketplace for gamers and non-gamers alike.
How to Sell Gift Cards on Gameflip:
List your gift card on Gameflip by providing details such as the retailer and card value. Set your price or accept an offer from buyers.
How Does Gameflip Pay You:
Payments are made through Gameflip credits, which can be withdrawn to PayPal or used for other purchases on the platform.
Does Gameflip Pay You Instantly:
Payments are processed quickly once a buyer purchases your gift card and confirms the transaction.
Pros:
- Versatile platform for various digital goods.
- Flexible pricing options.
- Secure transactions.
Cons:
- Payments are in Gameflip credits.
- Gameflip applies an 8% commission fee and, in certain instances, a 2% digital fee, depending on the listing price of your item.
- The verification process can be lengthy.
5) Facebook Marketplace
Facebook Marketplace allows you to sell your gift cards directly to other users. It’s a convenient option for those who prefer local transactions.
How to Sell Gift Cards on Facebook Marketplace:
Create a listing for your gift card with details about the retailer and card value. Communicate with potential buyers to finalise the sale.
How Does Facebook Marketplace Pay You:
Payments are usually made in person or through PayPal, depending on the agreement with the buyer.
Does Facebook Marketplace Pay You Instantly:
Instant payments depend on the payment method agreed upon with the buyer.
Pros:
- Direct communication with buyers.
- No middleman fees.
- Local transactions.
Cons:
- Requires personal interaction.
- No guarantee of buyer reliability.
- Safety concerns with in-person transactions.
6) GiftCardOutlets
GiftCardOutlets is another reputable site for selling gift cards. It offers a hassle-free process and competitive payouts.
How to Sell Gift Cards on GiftCardOutlets:
Enter your gift card details to receive an instant offer. Accept the offer and provide your card information for verification.
How Does GiftCardOutlets Pay You:
Payments are made via check, PayPal, or direct deposit.
Does GiftCardOutlets Pay You Instantly:
Payments are processed within 1-2 business days after your card is approved.
Pros:
- Competitive payout rates.
- Gift cards must have at least six months remaining until their expiration date to be accepted for sale.
- Multiple payment options.
- User-friendly platform.
Cons:
- Limited to certain gift cards.
- International cards may not be supported.
- The value of your card must be at least $15.
7) Prepaid2Cash
Prepaid2Cash specialises in converting prepaid cards and gift cards into cash. It’s known for its fast and efficient service.
How to Sell Gift Cards on Prepaid2Cash:
Enter your card details, including the retailer and balance, to receive an instant quote. Accept the offer and submit your card information.
How Does Prepaid2Cash Pay You:
Payments are made via direct deposit or ACH transfer.
Does Prepaid2Cash Pay You Instantly:
Payments are processed within 24-48 hours after card verification.
Pros:
- Fast payment processing.
- You can receive as much as 92% of the card’s value.
- User-friendly interface.
- Secure transactions.
Cons:
- Fees may apply to transactions.
- Limited to certain types of cards.
FAQs
How to Use Gift Cards Online?
To use your gift card online, enter the card number, expiry date, and the CVV code from the back of the card. Some websites may ask for the name on the card; in this case, type “Gift Card” in the provided field. This simple process allows you to make purchases easily and securely with your gift card.
How Do You Sell a Gift Card on Cash App Without a Credit Card?
To sell a gift card on Cash App without a credit card, use a partner like 1minutepay. Sign up for an account on 1minutepay if you don’t have one. Choose the “Sell Gift Cards” option. Enter your gift card details. This allows you to make instant payments without needing a credit card.
Conclusion
We hope you’ve got all the answers regarding “how to sell gift cards instant payment cash app”.
Selling gift cards for instant payment via Cash App is quick and straightforward. Cash App makes the process easy with its user-friendly interface, secure transactions, and various payment options. Remember to check your gift card balance, ensure it has sufficient value, and verify that it meets the acceptance criteria.
Using trusted platforms and following these steps will help you maximise your earnings and enjoy a smooth selling experience.