Friday, December 18, 2009

Markets in Everything: Cash for Gift Cards

Many consumers face a dilemma on what to do with unused gift cards. If you’ve ever received a gift card to a store you don’t particularly care for, you know this feeling. While there are options on the internet to sell or exchange gift cards with other gift card holders, many consumers are not comfortable with selling, exchanging, or buying gift cards from someone they don’t know. That is where GiftCardRescue.com comes in.

You can sell (for cash) or exchange your unused gift card directly with us. What’s more, when you exchange your gift card with us, we will send you a brand new gift card of your choice (which you select from our list of popular gift cards). This makes re-gifting of gift cards easy and more exciting. We also sell gift cards at discounts of up to 20% off.

2 Comments:

At 12/18/2009 3:59 PM, Blogger randian said...

I wonder how they verify the balance on the card before giving you cash.

 
At 12/19/2009 11:36 AM, Blogger Richard Rider, Chair, San Diego Tax Fighters said...

Oddly enough, one can buy and sell gift cards on Ebay with a high degree of confidence in the fulfillment of the deal. Ebay's rating of the reliability of its vendors and buyers is a remarkable protection against chicanery.

I know someone who has bought and sold SCORES of gift cards this way (arbitrage and increasing bang for the buck via discounts), and they've never been stiffed, or shorted.
Truly an amazing example of this Internet free market working well.

 

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