5 Gift Cards with Highest Resale Value
Have you ever received a gift card you just can’t find a use for? If so, you’re not alone. According to WalletHub, over a billion dollars’ worth of gift cards go unused each year.
Fortunately, exchanging your gift card for cash or crypto coins isn’t at all hard. All you need is a few minutes of time and a CoinCola.com account (more on this later). But before you get started, it’s important to know which gift cards have the highest resale value.
To help you out, here are 5 gift cards that tend to sell quickly and for a good price. Some are obvious, others – less so, but all are highly valuable and easy to sell quickly.
1. Amazon Gift Card
Amazon is one of the biggest companies in the world. Founded in Seattle by Jeff Bezos, it has a revenue of over $230 billion (2018) – and employs over half a million people. As a result of the service’s popularity, finding people who want to buy its gift cards is easy.
When selling an Amazon gift card, you can get up to 92% of face value back. You may have to settle for a little less if you’re in a rush, but by and large, you should look for at least 80% of what the card is worth to begin with.
2. iTunes Gift Card
Apple and the iTunes store need no introduction. Whether you use iTunes to stream videos online or own an iOS device, you likely know just how popular the brand is. You can get up to 83% of your card’s face value when you exchange it for cash or crypto coins.
3. Play Store Gift Card
Google’s Android operating system is installed on over a billion smartphones. Those smartphones’ users can buy apps via the native Play Store, whose popularity means that its gift cards are #3 on our list.
Statistically, you can get around $72 for a $100 Play Store gift card. Anecdotally, though, we’ve found that prices can go all the way up to $80-85. To get an exact quote, just try CoinCola and see what the going rate is.
4. STEAM gift cards
Given the nature of the gift cards listed above, you might expect STEAM’s to be worth significantly less. After all, the platform is only used for gaming – even if it is the most popular gaming network and engine in the world.
Fortunately, you can get up to $85 from $100 worth of STEAM cards, which is about as much as you get from a Play Store gift card; not bad at all.
Netflix – the world’s biggest paid streaming service – offers surprisingly good resale values on their gift cards. You can get $80-$90 for a $100 card, and demand is high so you don’t have to wait to get your money.
Now you know which gift cards are the most valuable. The question is, where can you sell them?
One place that many users end up choosing is CoinCola: one of the biggest and most trusted OTC marketplaces in the world.
With over 100,000 monthly transactions, there are few better places to buy and sell gift cards – especially since the company is based in Hong Kong. Chinese buyers, who often pay a high premium, flock to the platform and create a lot of demand for gift cards they can’t buy nationally.
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Founded in 2016, CoinCola is a Hong Kong based company offering both over-the-counter cryptocurrency trading and crypto-to-crypto pair trading exchange. CoinCola now serves millions of users from over 150 countries with our fast, secure, and reliable trading services. We support BTC, ETH, BCH, LTC, USDT, DASH, and XRP. Visit www.coincola.com to invest in digital assets.
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