Where do you sell a gift card online for instant cash?

Websites such as ABC Gift Cards, SaveYa and Junkcard buy unwanted gift cards at a discount. The seller receives immediate payment via PayPal, according to Junkcard's terms and conditions. Users with a PayPal debit card can withdraw cash from their account at any ATM or retailer that accepts MasterCard.

Sellers willing to wait longer for a buyer may also list their gift cards on Amazon and eBay. However, the seller runs the risk of not making a sale or selling at a lower-than-desired price. Buyers are also at risk of purchasing fraudulent gift cards, especially during busy holiday seasons, explains Susan Johnston for U.S. News & World Report.