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Two Excellent Ways to Use Unwanted Gift Cards

31 December 2007

Now that the gift giving is over, you’ve probably assessed what you’ve gotten and filtered out the items that you really don’t want. You probably know that you, along with many others, will be selling those unwanted items on eBay to get money to spend on something you really wanted. But what about those gift cards? Here’s two really great ways to make the most of those unwanted gift cards this new year.

Sell them on eBay:

No-brainer right? Well, you’ll be surprised if you ask a few people you know if they knew that gift cards could be bought and sold on eBay. Regardless, there is a very good market for gift cards. Typically, you should be able to gross about 80-82% of the face value of the card. Not bad for a free gift right? Of course, buying gift cards here is also a pretty good deal as you can net yourself an instant 20% discount before you even get to the store.

Buy stuff to sell on eBay:

Most people won’t think of this. Directly after Christmas, all the retailers mark down all their inventory to try and get rid of as much of it as possible. Lots of sellers buy product during this time, hold on to it for a month or so while waiting for prices to resume normalcy, then sell the items for a tidy profit. You can do the same with your gift card. Do a little research on the items in the flyer of the retail store you have the card for then buy some items with it. Hold on to them until mid January, then see how much profit you can make off of Aunt Mabel’s gift card!

There are lots of ways to get rid of your unwanted gift cards. There are even places where gift cards can be traded. Whatever you do, get creative and see how much money you can make with your cards!


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