Why are people still buying gift cards at full price? SMDH

As prices continue to rise, people are looking for ways to save money that are a little bit out of the ordinary. In the old days, people used to clip coupons to save a little extra cash for the family.

Today, people can go online and get discounted gift cards that may be redeemed at stores. Second hand sites now specialize in selling these cards for well-below face value, giving the buyer a huge opportunity to save money.

Where to buy discounted gift cards online? We will give you our top picks.

There are several top sites for buying discounted cards. Some specialize in certain types of products or stores while others are more general in nature.

Our Top 5 Online Stores

 Free USPS shipping on all orders at Cardpool.

up to 35% off. Save on Home Depot, Target, Walmart, Macy's, Tiffany's, iTunes, restaurants, electronics, clothing, and more.


Shipping is FREE at CardCash!

makes it fun to buy and sell gift cards online. Card Cash carry gift cards to over 1000 stores at up to 35% off. Get cash for gift cards too.


Free shipping on all gift card orders at Raise.com.

Get More To Spend At 3,000+ Stores. Average Savings Of 16%! Save on thousands of your favorite brands.


Buy discount gift cards for up to 50% off the card's value, or sell your unwanted gift cards in exchange for cash.


Free shipping

Ebay update's their deals daily, so check back for the best deals on gift cards.

Cardpool.com

Cardpool is one of the most well-known sites. The site has an enormous collection of big box stores and specialty stores on its site. With thousands of available options from Wal-Mart, to Macy's to Home Deport to small independent shops, consumers can buy a card for virtually any item they can think of.

The site has been turning heads and the founder was interviewed on Fox Business.

Cardcash.com

Cardcash is another well-known site for discounted gift cards. The company similarly allows buyers and sellers to transact, but is a little smaller than Cardpool. Top merchants include Apple, Subway and JC Penny.

The site stresses its strong secuirity procedures. It also has an email newsletter that provides updates on new cards and features to every user.

The CBS Morning Show actually interviewed the management about how the site works.

Raise.com

Raise is a Chicago based card site that is also focused on broad array of stores. They also sell digital coupons and gift cards that an be exchanged via a security code. The site tries to use social media to encourage greater use and sharing of information. Users can promote their own sales of gift cards.

This independent reviewer gave a positive review of the site as well.

GiftCardGranny.com

Gift Card Granny is a site that also provides cards that don't specialize on any particular industry. They offer clothing, general purpose stores, merchandise and food as well. The site is designed not quite as professionally as Raise or Cardpool and has more of a folksy, community feel.

On the other hand, it offers quite sophisticated tools to measure the average selling price of different cards so you know if you are buying or selling at a good time. In addition, the site has iPhone and Android apps available for download. That makes the auction process a lot easier for people on the go that want to monitor prices.

Even better, for people that are at the store and want to generate their own discount on the item they are purchasing, they can whip out their phone, buy the gift card on site and use it to get a discount. This is like a creating an instant sale for yourself.

Ebay.com

Ebay is the king of the online marketplace. Since the '90s, the company has been at the forefront of creating marketplaces to buy and sell virtually anything. Of course, eBay does sell discounted gift cards.

However, because they are not specialized in the area, the volume of cards is not as great as on other sites. In addition, the process to buy is similar to buying any other physical item, so it is not optimized for these virtual goods. Overall, eBay is not quite as focused and specialized on supporting this market.

Buyers can take several simple steps to get started

1 - register with a new username and password

2 - upload funds or credit card information

3 - search the site for the card you are seeking

4 - Enter a bid for the card or purchase at the base price

5 - Wait for the acceptance

6 - Download the card info or wait for it to be mailed to you

7 - Funds are not transferred to buyer account, minus the site fees

Using this simple process any buyer can get access to a great discount card. The sites use a similar process so it may work to survey multiple sites. Thanks to the strides that these sites have made, their is now a vibrant marketplace for the buying of these discounted gift cards.

Conclusion

Overall, more and more buyers are seeking discounted cards to help them save cash and let their precious dollars go further. Whether it is for clothing, food, merchandise or electronics, there is a gift card that is available on one of several high quality websites. At the same time, sellers can get quick cash for their unused cards on these secure, professional sites. 

Featured image attribuion: by 401(k)

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