According to Bankrate's Annual Gift Card Survey, gift card purchases are expected to reach a record high during the 2007 holiday season with a predicted total sale of $35 million. Among the largest segment of the population receiving gift cards: teenagers.
Why are gift cards so popular? A gift card allows the recipient to choose his own gift - the giver isn't stumped guessing what to buy. Gift cards are less expensive to mail than an actual package, many can be purchased and redeemed online, returns aren't necessary, and most gift cards don't have an expiration date. Besides, they are just fun to give and receive.
So what happens if you receive a gift card that you won't use? Sell it on e
Bay and convert the gift card into cold, hard, cash. Gift cards usually sell for approximately 90% of their face value on eBay. I've sold a few over the years including gift cards from Ann Taylor, Starbucks, and Blockbuster, and always with good results. On the other hand, now is a good time to check eBay for unwanted gift cards that recipients are trying to unload.
» Sell Unwanted Gift Cards on eBay for CASH from sk-rt.com
If you received a gift card you won't use, sell it for cash on eBay. Most gift cards sell for 90% of their face value. [Read More]
Tracked on: December 26, 2007 6:19 AM | Permalink to Trackback