What is a Gift Card?
If you're not already familiar, a gift card is a prepaid credit for a specific store or restaurant. They're often synonymous with gift vouchers or gift certificates, and work in the same way. While gift cards make for popular presents, they're also useful for managing everyday expenses on a budget.
What is a Discount Gift Card?
Discount gift cards have been growing in popularity over the last few years. In fact, an entire secondary marketplace has been created by gift card recipients who don't want or can't use their card. Here's how they work:
A well-intentioned relative gives you a petrol gift card for your birthday. Unfortunately, you don't own a car and this type of card is completely useless for your needs. Lucky for you, there are thousands of auto owners out there who can put that gift card to good use.
Instead of letting it waste away until expiration, you can go online and sell the card for a percentage of its value. The buyer then resells the card at a slightly higher price than they paid. This results in profit for the buyer, and a full-price gift card available at a discount.
What is Gift Card Granny?
GiftCardGranny.co.uk is an online marketplace where you can find the cheapest prices on discount gift cards and the highest payouts for your unwanted gift cards. We work with several trusted resellers so you can compare prices and locate the best deal.
The site is hugely popular in the United States, and has recently started offering the same money-saving services in Canada and the UK.
How Do I Buy a Gift Card?
Buying gift cards online is surprisingly simple. To get started, use either the alphabetical listing or search box to find the store or restaurant you want to buy a gift card for. On that merchant's page, you'll see a list with all of the currently available cards. From here you can use more filtering options to sort by price, %-discount, value and seller.
When you find the card you want, click on the "Shop" button. From there you'll be directed to one of our partners' secure sites where you can complete the purchase.
How Do I Sell a Gift Card?
Selling gift cards online is very similar to buying gift cards. Just go to the Sell Gift Cards page and you'll see a list with the percentage of the card's value buyers are willing to pay. You can even sell gift cards that are partially used, as there are plenty of people out there who want them.
When you see a price you like, follow the link to complete the transaction. You'll usually have to provide the gift card information so the buyer can first verify the balance. After everything is verified, drop your card in the mail and wait for your cheque to arrive. Some buyers will even issue your payment directly through PayPal to speed up the process.
If no buyers are currently available for your card, you can always create your own listing on eBay. This opens you up to more buyers, and many times better payouts. You can even get your gift card featured on Gift Card Granny by following these guidelines.