Amex gift card is a prepaid card that you can use for online or in-store shopping. The card is typically preloaded with a certain amount in US Dollar form. Amex gift card comes with no usage fees, which is not the case with other traditional debit or credit cards. Sometimes you may need cash for a gift card because maybe you want cold hard cash to use on a rainy day or for other purposes. However, You may think that converting your gift card is a complex task, but it actually isn’t. Let us know more about “Amex Gift Cards To Cash”.
This article is for you if you have an Amex gift card and want to convert the card’s balance to cash. To convert an Amex gift card to cash, you can either sell the card, add it on PayPal or regift the card. Other ways to cash out your gift card are mentioned in this article.
Use Raise Platform To Exchange Your Amex Gift Card For Cash
Raise a platform that allows people to sell and buy gift cards. You can sell your card on this platform and get money in exchange. To sell your Amex gift card on this platform, you need to visit the Raise Website and search for your gift card from the options given. Once you find your gift card, list it for sale.
The card listing process is free; you won’t be charged for card listing. Once you have listed your Amex gift card, someone will purchase the card, and you will get paid through PayPal. Direct deposit is another way of getting paid; you can choose PayPal or Direct Deposit as your payment method.
Consider Selling Your Amex Gift Card On Craigslist
Craigslist is an excellent platform if you want to sell your gift card. Craigslist allows you to choose how you wish to receive your payment. You can choose to get paid cash or get paid via PayPal.
Using Craigslist is advantageous because you don’t get to pay and card listing fee, and you are not asked for the commission once your gift card is purchased. All the profit goes into your pocket. However, for your card to get a purchase fast, include discounts because the gift card is second-hand; thus, most buyers will be interested in buying if the card has a discount.
Sell Your Amex Gift Card For Cash On BuyBackWorld
BuyBackWorld allows people to sell their Amex Gift cards if they no longer want the card or need cash in exchange. This is an authentic and accredited website with good reviews and ratings; therefore, there is no need to worry.
To sell your Amex gift card using this platform, all you need to do is visit the BuyBackWorld website, Choose the gift card you wish to sell, key in the gift card’s value, choose the number of gift cards you want to sell, and the company will give you a quotation. Once you have accepted the quote, proceed to mail the company the gift cards. The mailing process is ordinarily free of charge.
After mailing your gift cards BuyBackWorld will receive the cards and verify the amount, then it will issue your payment via the payment method of your choice.
Sell The Gift Card To A Close Friend Or A Family Member
Another way to convert your Amex gift card to cold hard cash is by selling the card to either your friends or family. If you know someone, whether a friend or a family member, who wouldn’t mind getting an Amex card, why not sell your Amex Gift card to them in exchange for cash? you might even get paid good money.
Try Selling the Gift card At A Yard Sale
The benefits of selling a gift card at a yard sale are that you won’t pay listing fees and will get all the profits without paying a commission. Sometimes there’s too much bargaining when selling a gift card in a yard sale, but still, it is not a bad option to consider if you need cash asap.
Conclusion
Converting your Amex gift card to cash can be done using the listed methods above. You can either sell the card to someone close to you, sell it at a yard sale, use Craigslist or BuyBackWorld to sell it or use the Raise platform to trade your gift card for cash.
Frequently Asked Questions
- Will I pay a commission if I use Craigslist to sell my Amex gift card?
Fortunately, you won’t pay any commission when selling your card via Craigslist. The process is free, and you get to keep all the profits.
- How much will I pay for gift card listing when using the Raise platform?
The Raise platform does not charge for card listing. Therefore you won’t pay any money for the listing.
