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My Experience with Selling unused giftcards with GiftcardRescue & ABCGiftCards

Occasionally if cashback/portal offers are reasonable I purchase & sell gift cards as part of my monthly reselling exercise. Here is my experience with two vendors that I tried out. GiftCardRescue.com & ABCGiftCards.com


GiftCardRescue.com:

What did I sell : BP Gas Plastic Gift Cards

Placed the order on 03/28/2016.

Mailed the gift cards via First class Mail on 03/29/2016.

It was received by them on 04/13/2016.

I also received an email on 04/07/2016 letting me know that they haven’t received the gift cards yet.

Payment processed on 04/25/2016.

No ACH Deposit option. So picked Mailed Check. Yet to receive my check as of  05/11/2016

[update 06/07/2016: Opened a ticked on their site on 05/16/2016. Received a response stating the payment was sent out on 04/25 & asked me to contact back if in case I don’t receive the check by 05/25/2016. I replied back to the email on 05/26/2016 stating that I did not receive the payment yet. Reply received back on 05/31/2016 stating that the finance department has been notified & once the payment is shipped it should reach me in 3-5 business days. Finally the check showed up on 6/3/2016.]


ABCGiftCards.com:

What did I sell: Chevron Gas Plastic Gift Cards, Target Egift Cards & Starbucks Egift Cards

Chevron Gift Cards:

Order Placed: 03/21/2016

Cards were received by them on 03/27/2016

Payment processed on 03/29/2016. ACH Deposit was available for the Plastic Gift Cards.

Amount reflected in my account on 03/30/2016

Target Egift Cards:

Order Placed: 05/08/2016

Payment Processed on 05/09/2016

No ACH deposit for Egift Cards. Opted for Mailed check to avoid Paypal fees. Waiting for the checks.

[update 05/12/2016: Received the Check]

Starbucks Egift Cards:

Order Placed: 05/08/2016

Payment Processed on 05/10/2016

No ACH deposit for Egift Cards. Opted for Mailed check to avoid Paypal fees. Waiting for the checks.

[update 05/13/2016: Received the Check]

[new info added 06/07/2016]

Southwest Egift Cards:

Order Placed: 06/01/2016

On 06/02/2016 received an email to scan my Drivers License front & back to become verified customer. Replied back with the info the same day.

Payment Processed on 06/06/2016

No ACH deposit for Egift Cards. Opted for Mailed check to avoid Paypal fees. Waiting for the checks.

[update 06/17/2016: Received the check on 06/09/2016]


So far I like dealing with ABCGiftCards.com just because of faster processing with Plastic or Egift Cards. I’m going to try SaveYa next time around. Typically SaveYa & ABCGiftCards seem to offer similar price points.


Share your opinions on preferred portal to selling gift cards by adding comments to this post.


Good Reads on Cashing out/Churning Unwanted Gift Cards:

Dr of Credit

Saverocity

Oren’s Money Saver


 

 

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