Buy and Sell Your Gift Cards Online
Gift Cards are big business these days, and at the end of each Christmas or Birthday, we usually have a pile sitting around from well meaning relatives who have no idea what us ‘young whippersnappers (their words, not mine) like these days’. But here is a random fact for the day: The Australian Consumers Association estimates one in three gift cards sold expires before ever being redeemed.
So it’s not surprising that, should you end up with a bunch of gift cards for stores you don’t need or want anything from, there are now sites where you can sell or swap your unwanted gift cards, as well as grab a discount on other people’s unwanted gift cards.
Enter CardLimbo ‘Australia’s Gift dedicated online marketplace for unwanted gift vouchers’. If you’ve got one of those one in three gift cards that you’re unlikely to use before it expires, you can sell it directly to CardLimbo.
The good news when offloading cards is that you don’t need to wait for someone to buy it – CardLimbo literally purchases the gift card from you. The price they will pay for your gift card is between 60-80% less than the balance, but expect a lower price if it is close to expiring, and they’ll then on-sell it on CardLimbo to someone else.
For buyers, you can browse the range of gift cards currently available with the discounts on offer being roughly 10 – 20% off the retail value. The site has all the usual notification features such as being able to sign up for an alert when a particular card becomes available, and a soon to be implemented swap feature.
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Card limbo is one of the new start ups in Australia. There are also sites like http://www.giftcardrescue.com for the United States where you can buy discount gift cards and sell gift cards for cash. They pay cash quickly and all transactions are 100% guaranteed.