Selling your gift card is not always the best idea. Sometimes, it is best to hold it and probably even use it. As much as we would love to have you exchange your gift card for cash, it is not always the best choice.
Whether it be Amazon, Sephora or the highly desirable Razer Gold gift card. Selling is not always the best option, and here is why.
Here Are The 4 Reasons You Should Not Sell Your Gift Card
1. If you plan to give it out as a gift.
Come on! If you sell a gift card you are meant to give out as a gift to someone, won’t that be some selfish move? While the benefits of selling a gift card are enormous, it certainly does not outweigh that of putting a smile on the face of someone you deeply care about or respect. Selling a gift card is great, but using it to change the life of someone is so much better.
2. If it is more beneficial to use it
Let’s face it, in many cases, using a gift card is more beneficial than selling it. This is because gift cards like AMEX, Amazon or even Sephora are used by many business owners to purchase items overseas. They may also come with a discount and extra benefits if a consumer uses them on their associated e-commerce platform. In this case, it is better not to sell your gift card and use it for your business. It is even advisable to buy gift cards in bulk so you can leverage these benefits to give you better business deals as a retailer.
3. If you are moving internationally
You may find it more beneficial to hold on to your AMEX gift card, Sephora or footlocker gift card if you are moving internationally. This is because you may need to purchase items and, because you might not immediately be settled, need an alternative to cash. The gift card will come in handy, and you can use it to purchase items online. So rather than selling your gift card, it is a better idea to hold on to it.
4. If you are a millionaire and have all the money you want
Let’s face it, some of you people have money. You have all the money in the world and all the resources you need at your disposal. So why go through the stress of selling your gift card on a platform like Cardtonic? Even if it takes less than 30 minutes? Naaa. Don’t sell it. Just hold on to it and deny someone who may need it more, the chance to use it. 😏
If you fall into any of these 4 categories, then it is a good idea to hold on to your gift card. Especially if the gift card is one you can use.
As long as your gift card is listed in any of the available categories, you can trade it in for cash on Cardtonic.