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Key Points To Know When Deciding Whether To Sell Or Buy Unused Gift Cards

By Tony Tracy on January 28, 2011

It doesn't matter if you have a bunch of unused gift cards or if you are just trying to find a bargain by buying other peoples, an unused gift card is a hot commodity either way.

In actuality, it is not very surprising how popular gift cards have become. It is so simple and easy to purchase one for somebody. You can find ones available from almost every type of retailer ranging from department stores, to restaurants and even independent online websites. There is basically something to cover every kind of taste and preference. Furthermore, you can pretty much pick them up anywhere whether it is at your local grocer, drug store or even a gas station.

However, the issue with these handy little plastic cards is that the receiver of these cards often forgets about them or has absolutely no use for them. Or they may get partially used and then left lying around with the remaining balance going to waste. Fortunately, one person's junk is another person's treasure. There are a variety of individuals out there who would love to take them off your hands or, at the least, help you unload them to other interested buyers. The best way to sell or buy these unwanted cards is via creative websites that cater to this type of need.

These types of specialty websites all have many creative options for you to either sell your unused cards for cash or credit or they will actually buy your unwanted cards right off your hands at a discount of course. Before choosing a site to do business with it is important to comprehend the following key points:

A) Look for some sort of guaranty or insurance coverage in case something goes awry with the transaction. For this particular matter it is best to review and compare the terms and conditions of each site to make sure they do not have anything in the fine print that may jeopardize your buying or selling. Things such as fraud protection or credit card chargeback's are common issues when dealing in these circumstances.

B) Find out what the minimum and maximum values are acceptable. You don't want to enter into a transaction only to find out there is a service charge or additional fees required to cover your deal just because the denomination of your card was too low or too high.

C) The types of payment options offered will help make your interaction with a buyer or seller much easier if you are able to offer a variety of options. In either case, if you are able to accept payments from credit cards, cheques, cash, various currencies or reputable online payment sites the more the chance that you will be able to deal with a wider variety of people from anywhere in the world.

D) Shipping costs are something to consider. Since you are dealing with small plastic cards that are light and easy to mail it is best to find deals or sell cards that offer free shipping. Watch out for situations where the shipping costs seem a bit high as the seller may be padding the fees to gain some extra profit.

E) The website that you decide to use for your transactions needs to be simple and easy to navigate. If the layout seems complicated to you it may deter others from using the site which may affect you as a seller. As a buyer, nobody wants to spend unnecessary time trying to figure out how to work a website and may choose to take their business elsewhere.

F) If a site offers live customer service it is usually a good sign that they have been in business for awhile and realize the importance of people who use their website and their needs when dealing with them for the first time.

All in all, the experience of trying to sell or buy unused gift cards should be easy and fun. If you are one of those people who have unused gift cards for sale, or are bargain hunting for an unused gift card for yourself, then take a moment to search online for the best online mediator to help you with these needs and that fulfill the aforementioned requirements.

Original article published on SooperArticles.com

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