How It Works - Seller's Help
For an overview of this industry see our about us page.
There are over $60 billion dollars of unused gift cards in the United States according to a recent report in Forbes Magazine. This figure does not even include store issued merchandise credit which is equally as large. Approximately, 10% off all gift cards issued each year go unspent. People often receive gift cards for stores they don't shop in. They might have small residual balances leftover on their gift cards. Or, they just rather have cash to pay for their rent or mortgage.
A typical recent scenario: A lady got a $1,000 American Airlines gift card. She had no immediate use for it. So she mailed it in to CardCash.com and got paid $800 within 24 hours of us receiving her card. She used the $800 to pay for her rent that month. She was ecstatic having received money she could use for her rent rather than a gift card collecting dust in a drawer.
Selling FAQHow much would you pay to buy my gift cards from me?
On our sell page we have listed the price for most of the cards we purchase. If you card is not listed, contact our sales team and we will be happy to assist you. We pay top dollar for your cards.
What do I have to do to sell you my cards?
Fill out the contact form with the gift card information.
Once the form is filled out and submitted, we will start our investigations and perform our standard security checks on the seller. You will receive an email within 24 hours letting you know if your sell offer has been accepted. If it has, you will at that time receive an email with detailed instructions how and where to mail your cards. Once we receive your cards, we will conclude our verification of the cards and issue you your payment.
What security checks are performed?
CardCash works closely with many merchants who assist us in validating and verifying all the cards we purchase. Additionally, CardCash follows the strict guidelines recommended by national fraud investigating agencies to sift out any fraudulent sellers and cards.
Sellers must either be a verified PayPal member or provide other information for verification purposes.
How will I receive my payment?
ABC generally sends the payment to ones PayPal account. Paypal fees for receiving the funds are reimbursed by ABC. The customer would have to be a verified PayPal member. For first time sellers selling gift cards less than $200 face value, ABC can mail the customer a check.
How long does it take for me to receive my payment?
CardCash issues payments quickly. Once we receive the cards and conclude our verification we will issue the payment. Customers, who choose to have their payments issued to their verified PayPal account, receive their payment quicker. Generally, payments are issued within 2-3 business days. The delivery timeframe for customers who rather receive payment by check varies based on their location. All checks are sent out from one of our NJ locations.