In this article, I\u2019ll walk you through four different ways you can turn your Amazon gift card into cash and have the funds in hand as soon as possible. Finally, I\u2019ll explain the pros and cons of exchanging a gift card for cash and whether or not it\u2019s worth it. Read on to learn more.<\/p>\n\n\n\n
Ways To Turn an Amazon Gift Card Into Cash<\/h2>\n\n\n\n
Amazon makes it nearly impossible to turn a gift card into cold, hard cash. According to their Gift Card Terms and Conditions<\/a>, customers cannot redeem an Amazon gift card for cash or return any portion of the gift card for a <\/strong>cash refund<\/strong><\/a>.<\/p>\n\n\n\n For what it\u2019s worth, Amazon now allows customers to use their Amazon gift cards to purchase Prime Memberships<\/a> or even pay for Prime Video Channel subscriptions. Whether Amazon intends to expand other services to accept Amazon gift cards as payment is not yet certain.<\/p>\n\n\n\n Fortunately, there are currently a few ways that you can turn Amazon gift cards into cash<\/strong>, although not directly through the Amazon website.<\/p>\n\n\n\n While you are at it, make sure to check out my other article, where I share ways to transfer your Amazon gift card balance to your bank account!<\/a><\/strong><\/p>\n\n\n\n Let\u2019s look at several of those methods more in-depth.<\/p>\n\n\n\n Gift card reselling services<\/a> allow people to buy (usually at a discount) or sell merchant gift cards. In most cases, sellers typically break even or sell the card for less than its value. Interestingly, non-luxury brand gift cards tend to <\/strong>sell for more<\/strong><\/a> compared to luxury brands<\/strong>, so Amazon gift card sellers are in luck!<\/p>\n\n\n\n Some sellers claim returns as high as 92 percent, though this is the exception, not the rule. In most cases, you\u2019re looking at a return between 65 to 75 percent<\/strong>, so in most cases, sellers should expect a minor loss on their gift card sales<\/strong>.<\/p>\n\n\n\n Two of the top gift card resellers include CardCash<\/strong> and GiftCash<\/strong>:<\/p>\n\n\n\n Keep in mind that these gift card reseller websites often change which brands they\u2019re willing to accept depending on stock and demand. If they have too much gift card stock from a particular merchant, they may stop accepting gift cards from that brand for a while.<\/p>\n\n\n\n Additionally, the higher the demand, the higher the cash back offer. You\u2019ll notice fluctuations in monetary offers based on supply and demand.<\/strong><\/p>\n\n\n\n Also, you should always be on the lookout for <\/strong>gift card reseller scams<\/strong><\/a>.<\/p>\n\n\n\n Reddit<\/a> is a social discussion platform that features \u201csubreddits,\u201d where users can exchange information about a particular topic. The website has two popular subreddits where Redditors trade or sell gift cards in exchange for cash<\/strong>.<\/p>\n\n\n\n Those subreddits are r\/GCTrading<\/strong><\/a> and r\/giftcardexchange<\/strong><\/a>.<\/p>\n\n\n\n Moderators in these subreddits enforce the rules to prevent scammers from infiltrating the community to keep the place safe and allow users to sell gift cards securely<\/strong>.<\/p>\n\n\n\n Before participating in these communities and listing your gift card for sale, read the moderator rules and familiarize yourself with the group and how it operates<\/strong>. <\/p>\n\n\n\n Some groups even require that you have a specific number of posts or comment karma before you can even post in the subreddit, as this determines a level of credibility. If you\u2019re not an active Reddit user, you should browse and interact on Reddit (not only within these gift card communities) to build your reputation.<\/p>\n\n\n\n When selling an Amazon gift card on Reddit, expect to receive between 80 to 90 percent of the gift card\u2019s value<\/strong>. Of course, you can negotiate with potential buyers via the website. After securing a deal, the two of you agree on payment terms and take it from there.<\/p>\n\n\n\n Amazon carries almost every item imaginable, including:<\/p>\n\n\n\n Because of this, you could easily use the gift card to purchase in-demand items and sell them<\/strong> on social media marketplaces, yard sales, or in flea markets to earn quick cash.<\/p>\n\n\n\n Some items that sell quickly and are always in demand include:<\/p>\n\n\n\n Holiday-related items also tend to sell quickly when in-season<\/strong>. For example, if it\u2019s November, you might have luck selling Christmas decorations, such as lights, stockings, wreaths, ornaments, and outdoor decorations to get some quick money in your pocket.<\/p>\n\n\n\n As mentioned earlier, Amazon isn\u2019t a website for random items; you can find almost anything you need, including groceries and other household goods. What\u2019s even better is that Amazon offers same-day or next-day delivery right to your door.<\/p>\n\n\n\n If you usually spend cash on grocery or household necessities, you can set the cash aside and instead use your Amazon gift card to grab these items online. That way, you\u2019ll have the money on hand (or in your bank account) while putting the gift card to use. It\u2019s a win-win!<\/p>\n\n\n\n Some items you might consider purchasing include:<\/p>\n\n\n\n Depending on the value of your Amazon gift card, you may even be able to stock up on some items to save even more money in the long run! This is especially true when Amazon runs deals on certain items. Also, don\u2019t forget to check out the <\/strong>Amazon Coupons<\/strong><\/a> page for even more savings<\/strong>.<\/p>\n\n\n\n Considering that there are so many items available for purchase on Amazon, you might wonder whether it\u2019s worth it to sell the gift card.<\/p>\n\n\n\n Here are some pros and cons to consider before making a decision:<\/p>\n\n\n\n Overall, if you have no use for the Amazon gift card and never intend to spend it on the website, then it\u2019s absolutely worth it to sell it on a reseller website or use it to purchase products to sell, even at a minor loss. The major downside is that there\u2019s no guarantee that you\u2019ll make a sale. <\/p>\n\n\n\n However, if you do your research on trending items by visiting the Amazon Best Sellers<\/a> or Top Selling Products<\/a> pages. By knowing what\u2019s selling, you\u2019re more likely to make sales once you list the items you purchase.<\/p>\n\n\n\n Also, make it a point to secure buyers before <\/em>making the purchases<\/strong> on Amazon. That way, you don\u2019t end up with a supply of random products.<\/p>\n\n\n\n For example, let\u2019s say that you have a friend who\u2019s looking to purchase a new laptop. You find the same laptop on Amazon, so you tell them that you\u2019ll purchase the laptop for them on Amazon and they can pay you in cash at a minor discount<\/strong>. It\u2019s a great selling point, it secures a buyer, and it nearly guarantees cash in hand.<\/p>\n","protected":false},"excerpt":{"rendered":" The Amazon website features thousands of different products, from electronics to household items, so Amazon gift…<\/p>\n","protected":false},"author":1,"featured_media":1398,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[1,12],"tags":[],"taxonomy_info":{"category":[{"value":1,"label":"All Articles"},{"value":12,"label":"Amazon Gift Cards"}]},"featured_image_src_large":["https:\/\/curiouscustomer.com\/wp-content\/uploads\/2022\/10\/cash-accumulation-or-an-expensive-purchase-2022-10-26-06-00-33-utc-1024x718.jpeg",1024,718,true],"author_info":{"display_name":"Shrot","author_link":"https:\/\/curiouscustomer.com\/author\/shrot\/"},"comment_info":0,"category_info":[{"term_id":1,"name":"All Articles","slug":"all","term_group":0,"term_taxonomy_id":1,"taxonomy":"category","description":"","parent":0,"count":88,"filter":"raw","cat_ID":1,"category_count":88,"category_description":"","cat_name":"All Articles","category_nicename":"all","category_parent":0},{"term_id":12,"name":"Amazon Gift Cards","slug":"amazon-gift-cards","term_group":0,"term_taxonomy_id":12,"taxonomy":"category","description":"","parent":0,"count":59,"filter":"raw","cat_ID":12,"category_count":59,"category_description":"","cat_name":"Amazon Gift Cards","category_nicename":"amazon-gift-cards","category_parent":0}],"tag_info":false,"_links":{"self":[{"href":"https:\/\/curiouscustomer.com\/wp-json\/wp\/v2\/posts\/954"}],"collection":[{"href":"https:\/\/curiouscustomer.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/curiouscustomer.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/curiouscustomer.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/curiouscustomer.com\/wp-json\/wp\/v2\/comments?post=954"}],"version-history":[{"count":5,"href":"https:\/\/curiouscustomer.com\/wp-json\/wp\/v2\/posts\/954\/revisions"}],"predecessor-version":[{"id":1407,"href":"https:\/\/curiouscustomer.com\/wp-json\/wp\/v2\/posts\/954\/revisions\/1407"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/curiouscustomer.com\/wp-json\/wp\/v2\/media\/1398"}],"wp:attachment":[{"href":"https:\/\/curiouscustomer.com\/wp-json\/wp\/v2\/media?parent=954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/curiouscustomer.com\/wp-json\/wp\/v2\/categories?post=954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/curiouscustomer.com\/wp-json\/wp\/v2\/tags?post=954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Amazon Gift Card Reseller Services<\/h3>\n\n\n\n
Selling Gift Cards on Reddit<\/h3>\n\n\n\n
Purchase and Resell Items<\/h3>\n\n\n\n
Buy Household Necessities<\/h3>\n\n\n\n
![\"\"](\"https:\/\/curiouscustomer.com\/wp-content\/uploads\/2022\/10\/young-woman-buying-drinks-in-supermarket-2022-09-27-22-33-11-utc-1024x683.jpeg\")
<\/figure>\n\n\n\nSelling an Amazon Gift Card: Is It Worth It?<\/h2>\n\n\n\n
Pros<\/h3>\n\n\n\n
Cons<\/h3>\n\n\n\n
Securing a Buyer Before Making a Purchase<\/h3>\n\n\n\n