10 Best Online Sites To Sell Gift Cards in Canada in 2022

If you still happen to have some old gift cards that you don’t want anymore, there are many different online platforms that will allow you to sell them for cash.

The sites mentioned in this post offer several different payment methods, a great user experience, and easy ways to deal with disputes, allowing you to sell your gift cards in Canada quickly.

This post summarizes the ten best online sites to sell gift cards online in Canada in 2022.

Best Places To Sell Gift Cards Online in Canada

Selling gift cards online can be an excellent way to make quick cash.

To help you get started, here’s our list of the best places to sell gift cards online in Canada.

1. Card Swap

Card Swap is a Canadian gift card exchange company that has been in business since 2010. You can sell your unwanted gift cards to CardSwap and get paid in as little as two days.

Using Card swap is simple: You enter your gift card details on their website to receive an instant cash offer.

You then mail the gift card for free using their prepaid shipping label and wait for payment.

CardSwap will send you a cheque or credit your account with SwapPoints which can be redeemed for cash back with PayPal.

Although they only accept gift cards valued at $25 or more, CardSwap accepts gift cards from over 450 retailers, and their list is constantly updated.

You can earn up to 92% of the card value when using Card Swap.

In addition to selling your gift cards, this platform also allows you to buy discounted gift cards, which can be a great way to save money on popular retailers like Best Buy, Sephora, Starbucks, and more.

2. GiftCash

GiftCash is a gift card exchange in Canada and one of the best places to sell gift cards online. It’s straightforward to use and allows you to sell your gift cards quickly.

Once your gift card is sold, you will receive a payment within a few days.

They offer a straightforward process of cashing in on your gift cards. You tell them what brand of gift card you have and its balance amount, and they’ll let you know how much they’ll pay for it.

Once you accept their offer, you send it to them by mail and then get paid via the payment method of your choice. (PayPal or cheque)

GiftCash has been buying and selling gift cards since 2009 and offers competitive rates and a wide selection of gift cards from Canada’s biggest retailers.

3. Gift Card Granny

Gift Card Granny is one of the best places to sell unwanted gift cards for cash. It works a bit differently than other sites by offering a variety of ways to sell your gift cards.

First, you can sell your gift card directly on their site and receive a payment within days.

Second, you can list your gift card on their Marketplace to personally manage your card and set a price for it.

Third, you can trade-in your gift cards and choose from many popular retail gift cards.

There are no fees when you sell directly to Gift Card Granny, and you can receive up to 92% of the card’s value.

4. Facebook Marketplace

Facebook Marketplace offers a convenient way to connect with people in your area looking to buy and sell gift cards.

It’s free to sell gift cards on Facebook, and you won’t need to worry about shipping or Paypal fees.

If you want to sell a gift card on Marketplace, upload a clear photo showing both sides of the card, as well as the brand’s terms and conditions.

To make sure your transaction goes smoothly, arrange to meet the buyer at a neutral public space like a coffee shop or bank lobby and bring along a friend if possible.

5. Kijiji

Kijiji is one of Canada’s most popular online classifieds and the perfect place to sell your used gift cards.

This free Canadian, classified site allows users to connect locally with buyers and sellers without fees or intermediaries.

On Kijiji, you have to post an ad listing your card and wait for interested parties to contact you.

To give yourself the best chance of selling your gift card quickly, include a clear photo and an honest description of its condition and remaining balance.

6. eBay

eBay is another option for selling gift cards online in Canada. With eBay, you can either sell your card in an auction or list it for a fixed price.

eBay auctions do not have any listing fees, but you will have to pay a closing fee of 10% of the total amount you earn from the sale.

If you are looking for a fixed price option, there are no listing fees, and eBay only charges 5% as their final value fee.

The downside of selling on eBay is that the fees are pretty high. Still, many people like selling here due to its ease of use, reputation, and large audience.

7. Craigslist

Craigslist is an online marketplace that is free to use and allows you to post ads for free. You can sell your gift cards on Craigslist and put cash right into your pocket.

There are no limitations on how many ads you can post or how long they stay up, so you can sell as many gift cards as you wish.

Craigslist doesn’t charge any fees for selling items, and you won’t have to worry about other expenses like shipping.

However, when selling a gift card on Craigslist, you will want to avoid scammers. Make sure that you meet in a public place like a coffee shop and bring a friend or two if you can.

8. Exchange Gift Cards with Friends

If you’ve received a gift card from a store that you don’t frequent, the best thing to do is try to exchange it for a gift card from a place you do shop.

If you have a friend who has gone from a place you do like, see if they’re willing to swap. You both have nothing to lose, and everyone walks away happy.

Related: Best Free Gift Card Apps in Canada.

10 Best Online Sites To Sell Gift Cards in Canada

Sell Unwanted Gift Cards in the U.S.

If you live in the U.S. and have some gift cards lying around, you may want to sell them online for some cash.

Luckily there are plenty of sites you can use to sell your gift cards, but here are two of the best.

9. CardCash

CardCash is a gift card exchange that allows you to sell unwanted gift cards for cash.

The company is headquartered in New Jersey and is partnered with more than 350 brands in the U.S.

Their process is simple: You enter your gift card’s brand, number, and PIN, then receive an instant offer from CardCash.

After that, Card Cash will send you a shipping label to mail them your physical card. Once they accept the card, they’ll deposit your money into your account.

CardCash will pay up 92% of the card value via check, ACH deposit, or PayPal, and your payment will arrive in as little as two days.

10. ClipKard

ClipKard is a new gift card selling platform that allows you to sell your unwanted gift cards for instant cash.

They currently support over 100 brands in the U.S., and using their platform is super easy.

To get started using ClipKard, enter the card brand and value on their website, and they’ll provide you with an offer.

Once you accept their offer, they’ll send you a prepaid shipping label.

All you have to do is ship them your card, and they’ll pay you via PayPal or cheque once it arrives!

Other Ways To Get Rid of Gift Cards

Re-Gift Your Gift Card

Re-gifting your gift card is a great way to save money, and the other person will be happy with the gift.

Just make sure you aren’t re-gifting a gift card from someone in your circle of friends and family, so no one finds out!

Donate Gift Cards

If you can’t think of anyone to give the gift card to, consider donating it. There are many ways to donate gift cards.

One of the most common is to give them to charities like Goodwill, who use the cash value to buy clothing and other items they need (and then sell them).

You can also directly donate your gift card balance to a charity through the organization’s website.

Sell Gift Cards in Canada FAQs

How do I exchange gift cards for cash?

You can sell gift cards for cash by selling them online through Card Swap or GiftCash and in-person through Craigslist and Kijiji.

Can I transfer gift cards to my bank account?

No, gift cards from a merchant like Amazon can only be used to purchase goods and services from Amazon and cannot be converted to cash.

What are the top places to sell gift cards in Canada?

The top places to sell gift cards in Canada include Card swap, Gift cash, and Gift Card Granny.

Is reselling gift cards legal?

Yes, it’s perfectly legal to resell gift cards for cash. The ownership of the gift card is transferable.

Can I resell Amazon gift cards?

Yes, it’s perfectly legal to resell Amazon gift cards. The ownership of your Amazon gift card is transferable.

Is selling gift cards worth it?

If you have old gift cards lying around and are looking for a quick way to make money, selling your gift cards for some cash is worth it.

Related:

10 Best Online Sites To Sell Gift Cards in Canada in 2022

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Enoch Omololu

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch has a passion for helping others win with their personal finances and has been writing about money matters for over a decade. He has been featured or quoted in The Globe and Mail, Winnipeg Free Press, Wealthsimple, Financial Post, Toronto Star, CTV News, Canadian Securities Exchange, Credit Canada, National Post, CIBC, and many other personal finance publications.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

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