Whether you have gift cards you think you’ll never use or need one to enjoy discounts in stores, you could turn to places like CardCash to buy and sell gift cards online. But how does CardCash work, is it legit and what do CardCash reviews say? Find out now.
Whether you won gift cards online from get-paid-to sites or received them as presents during your birthday, these gift cards can be a great way to save money when you shop.
But what if you have a gift card you don’t think you’ll want to use? Could you still get some value from it in other ways?
Turns out, you can with CardCash.com.
Instead of letting unused gift cards sit in your drawer, you could sell gift cards instead and turn them into money. You could also purchase discounted gift cards to use when you shop at your favorite stores.
But exactly how do you buy and sell gift cards online with CardCash? Is this a legit and safe platform for buying and selling gift cards online?
What is CardCash?
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CardCash is an online marketplace for discounted gift cards that has been in operation since 2008. The company has a massive inventory of thousands of unused gift cards, allowing its customers to take advantage of huge savings when shopping. It partners with numerous retailers from different industries, including but not limited to, Walmart, Amazon, and Starbucks.
How does CardCash work?
Using gift cards is indeed a great way to save money when you shop. CardCash works by allowing you to both sell and buy gift cards online. Depending on how you use CardCash, you could potentially save or earn money using this service.
CardCash works by taking the role of the middleman, between people you are looking to sell their gift cards and people looking to buy gift cards at a discount.
All you have to do is visit the website and click “sell gift cards” if you’re a seller, and “buy gift cards” if you’re a buyer. If you have lots of gift cards to buy or sell, they also have a bulk buying and selling program in which you can buy and sell gift cards in larger quantities, while allowing you to save some money.
In concept, CardCash seems like a great place to make money from your gift cards or save money by buying gift cards at a discount.
Does CardCash deliver on its promise? That’s another matter that needs to be addressed later in this CardCash review.
How to Buy Gift Cards on CardCash
Buying gift cards on CardCash is a simple, straightforward process. First, you shop around and see if you find something you like from CardCash’s list of over a thousand brand partners.
When you buy gift cards on CardCash, you don’t pay full face value. You purchase the cards with varying discounts. But you still get the full face value of the card when you use it. That means you save money when you shop with the card. For example, if you bought a gift card that offers a 10 percent discount on a $100 card, you only pay $90. But you still have $100 credit on the card! [1]
According to its website, you can buy discounted gift cards on CardCash for over 1100 retailers, including TJMaxx, Walmart, Home Depot, and Target. You can then use them at that partner’s business.
These gift cards sell at a lower price to help you save. (You’d just buy new cards if they weren’t discounted, right?) You can pay via PayPal, credit card, or bitcoin. You are also covered with the 45-day guarantee wherein CardCash would refund you for any malfunctioning gift card.
How to Sell Gift Cards Online on CardCash
It is quite easy to sell gift cards online through CardCash. All you need to do is select an offer, and if you like it, then you sell your gift cards. CardCash says it can pay you up to 92 percent of the value of the gift card.
You won’t have to physically mail in the gift cards you are selling as the website only needs the card number. After verifying that the gift cards are legit, CardCash will pay you through PayPal or ACH, or mail you a check. After the selling process is complete, you should receive your payment the next day. (Once you sell the card, CardCash disables the card number. You can cut it up and throw it away.)
The company will ask for your credit card to verify your identity.
Trade Gift Cards
Another way to make your gift cards useful if you aren’t looking to sell them is to do an exchange.
If you have an unwanted, unused gift card, you could swap it with another gift card to a merchant that you’d like to buy from. This way, you haven’t wasted the original card and you get a discount to enjoy when you shop.
About the 45-Day Guarantee
One of the main selling features of CardCash is its 45-day guarantee. This guarantee policy ensures that you will get a refund on the gift cards you purchased from the company if you find that they are not working as advertised. All you need to do is make sure to use the card within 45 days of purchase and the guarantee will take effect. You could file a claim by asking for assistance on the CardCash website.
But take note of this: if you aren’t able to use the card within 45 days of purchase, then you won’t be able to file for a refund. So, make sure that you intend to use the card within 45 days. The company won’t take any responsibility if you encounter a problem with using the gift card more than 45 days after you buy it.
Is CardCash Legit?
CardCash has been operating for so many years now and the company doesn’t exactly have the most stellar reputation in the marketplace. There are several reasons why you’d want to check if CardCash is legit before buying or selling gift cards with them.
First, the company is not accredited by the Better Business Bureau or BBB. It has a negative BBB rating, so that should already warn you about how this company does its business.
Additionally, when you look into the CardCash reviews on BBB, you’ll see that there are a lot more complaints than positive feedback.
Apart from this, CardCash’s reputation on other review websites isn’t very good eitherl. While some people claim that they were able to successfully buy and sell gift cards on CardCash, it’s also hard to overlook the fact that there are plenty of complaints about the company as well.
One of the most common complaints about CardCash is that card balances tend to disappear after a customer purchases a gift card. This is despite the fact that all sellers had to be verified. There have been a lot of complaints about this, and CardCash’s customer service team does not seem to be very helpful.
Another complaint is that sellers are promised to get as much as 92 percent of their card’s worth. But upon selling, they are paid less than this. We’re not sure how the company evaluates the worth of a gift card, but if they are paying people less than advertised, then it looks like they have some questionable business practices.
So if you look into these customer reviews, it’s understandable that you begin to question whether Card cash is legit. One thing is for sure, though, CardCash is not a scam. But given the numerous complaints and negative feedback, there’s no guarantee that you are going to have a good experience with CardCash.
Is CardCash Safe?
How safe is it to buy and sell gift cards from CardCash?
Selling gift cards on the website is pretty safe. All you need to do is get verified using your credit card and you can start selling gift cards.
But buying gift cards from CardCash is another matter and is a common topic for complaints.
Remember, you are not buying new gift cards here. These are gift cards that have already belonged to others. It means that some of the card’s original balance may have already been used.
The only way to protect yourself as a buyer is to take advantage of the 45-day guarantee. If you encounter any issue with the gift card, then you could file for a refund within these 45 days and get your money back.
Pros and Cons of Buying and Selling Gift Cards on CardCash
Should you use CardCash to buy and sell gift cards? Here are the pros and cons to help you weigh your decisions.
Pros
- It is free to sign up. You don’t need to pay to use CardCash’s service.
- You could purchase legit gift cards that you can use to earn discounts when shopping at your favorite retailers.
- You don’t need to mail the physical gift card if you are selling. All you have to provide is the gift card information.
- You could exchange your unwanted gift card with another one that you can use in your favorite store.
- If selling gift cards, you could get paid via your PayPal account or receive a direct deposit.
- You are protected with the 45-day guarantee which allows you to file for a refund if you were sold a malfunctioning gift card.
Cons
- The company has a negative BBB rating, making many people question whether this website is legit and can be trusted.
- There are numerous complaints about disappearing card balances.
- Refunds are only eligible if the card is used within 45 days of purchase.
- A lot of complaints point to the company’s poor customer service.
CardCash Reviews
Now let’s take a look at the reviews by people who have used CardCash to purchase and sell gift cards.
There are 2000+ reviews on SiteJabber, 1000+ of which are 5 stars while 900+ are 1 star. It gives the impression that consumers are either very happy and satisfied with their experience on CardCash, or they are frustrated and dissatisfied with the service.
These reviews, for example, say that the company is a scam and that its service is a fraud. There are a lot of similar reviews referring to card balances that just suddenly disappear, rendering the gift card useless.
This review is a complaint that the company’s guarantee policy does not provide any guarantee at all. Also, many consumers are not happy with CardCash’s customer service.
On the upside, some people are happy with their experience with CardCash. These reviews say that selling gift cards on CardCash is a simple process and helps them make money from gift cards quickly and easily.
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CardCash Alternative Options
CardCash is not the only place where you can buy and sell gift cards. If you’d like to explore other options and make the most value for your money, you could also consider checking out these websites:
- Gift Card Granny
- Gameflip
- Cardsell
- Raise
- GiftCash
- GiftCardBin
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Is CardCash Worth It?
So that ends my CardCash review, and hopefully, you find it helpful in deciding whether or not CardCash is the best place to sell and purchase gift cards.
If you are looking to make some free money, you could always sell gift cards that you think you will never use. CardCash is in the business of making this possible, acting as an online marketplace where people can sell gift cards and make money or buy discounted gift cards to save money when they shop.
Unfortunately, CardCash does not have the best reputation in the industry. Many people complain about card balances that disappear after purchase, rendering the gift card worthless. Also, the company should improve its customer service department and provide a better experience forits customers.
All in all, CardCash is a legit place for selling and buying gift cards, but it’s not the best. If you are looking for a better service and experience, then you probably should take your business elsewhere.
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