Gift cards have become a popular choice for many people when it comes to gifting presents or making purchases. They provide convenience and flexibility, allowing recipients to choose their own items or services.
However, it’s not uncommon for people to receive gift cards that they don’t need or want. In fact, according to a CreditCards.com study, 47% of Americans have at least one unused gift card, with an average unused amount of $175 per person.
This is where CardCash comes in. CardCash is an online gift card marketplace that allows users to buy and sell discounted gift cards from various brands.
Whether you’re looking to make a purchase or sell your unwanted gift cards, CardCash offers a platform that can help you save money or turn your unwanted cards into cash. Additionally, CardCash also offers the option to sell your physical card by mailing it to them or entering the card information online through platforms like eBay.
But is CardCash legit? With so many online platforms and marketplaces, it’s important to ensure that you are using a legitimate and trustworthy service. In this blog, we will delve into the details of CardCash to unveil the truth and help you make an informed decision.
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What is CardCash?
CardCash is an online gift card marketplace that was founded in 2009 by Elliot Bohm and COO Marc Ackerman. The platform allows users to buy and sell discounted gift cards from various brands, providing an avenue for users to get value from their unwanted gift cards or save money on their purchases.
CardCash has many gift card brands available, including Amazon, Walmart, Starbucks, and Uber. Users get discounts on cards below face value. For instance, a $100 card could cost $90, saving $10. This benefits those seeking good deals or more for their money.
Selling unwanted cards on CardCash lets users get up to 92% of the card’s value in cash. Though not the full amount, it offers a convenient way to get value from unused cards.
Is Card Cash Legit?
When it comes to using an online platform like CardCash, one of the main concerns is whether the platform is legitimate and trustworthy.
In the case of CardCash, there are several factors that indicate its legitimacy.
Firstly, CardCash has been in the gift card business since 2009, giving it a strong track record and reputation in the industry. The platform has partnered with various brands and has been featured in major media outlets like Bloomberg, CNN, and The New York Times. These partnerships and media features provide evidence of CardCash’s credibility and legitimacy.
Another factor that indicates CardCash’s legitimacy is its accreditation with the Better Business Bureau (BBB). CardCash has been accredited by the BBB since 2010 and has a rating of A+. The BBB accreditation signifies that CardCash meets certain standards of trustworthiness and customer satisfaction.
In terms of customer protection, CardCash offers a 45-day guarantee on all purchases. This means that if there are any issues with the gift cards purchased through CardCash, users can file a complaint within 45 days and receive a full refund. This guarantee provides an added layer of protection for users and demonstrates CardCash’s commitment to customer satisfaction.
Additionally, CardCash has implemented security measures to protect users’ information and transactions. The platform uses encryption technology to secure sensitive data and has strict policies in place to prevent fraud and unauthorized access.
Why You May Want To Use CardCash?
There are several reasons why you may want to consider using CardCash for your gift card needs.
One of the main advantages of using CardCash is the potential to save money. The platform offers discounted gift cards, allowing users to purchase their favorite brands at a lower price than the face value of the cards. This can result in significant savings, especially for frequent shoppers or those who make large purchases.
In addition to the savings, CardCash provides a convenient and user-friendly platform for buying gift cards. Users can easily browse through the available gift cards, select the ones they want, and make their purchase. The platform also offers a mobile app, making it easy for users to buy and sell gift cards on the go. It accepts various payment methods, including credit/debit cards, PayPal, and cryptocurrency, making it convenient for users to complete their transactions.
CardCash also offers the option to trade in gift cards for other cards, including popular options like Amazon gift cards and Google Play gift cards. This means that if you have an unwanted gift card, you can exchange it for a different gift card that you may prefer. This allows you to get more value from your unwanted cards and find a gift card that suits your preferences.
Why CardCash May Not Be For You?
While CardCash offers many benefits, there are some reasons why it may not be the best option for everyone.
One factor to consider is the potential for customer service issues. Some users have reported difficulties in contacting CardCash’s customer service or receiving timely responses. This can be frustrating if you have any issues or questions regarding your transactions. It’s important to keep this in mind and be prepared for any potential challenges in customer service.
Another consideration is the possibility of receiving gift cards with lesser value than advertised. While CardCash offers a 45-day guarantee on purchases, it’s essential to use the gift cards within that period to ensure they work as expected. There have been instances where users have received gift cards with zero or reduced balances, which can be disappointing and inconvenient.
Additionally, CardCash may not be suitable for those who prefer to have the full value of their gift cards in cash. While the platform offers cash payouts for selling gift cards, the amount received is typically less than the face value of the card. This means that if you are looking to get the full cash value of your gift cards, CardCash may not be the best option for you.
How to Use CardCash?
Using CardCash is simple and straightforward.
To make a purchase, visit the CardCash website and browse through the available gift cards. Select the ones you want and add them to your cart. Proceed to the checkout page and choose your preferred payment method, such as credit/debit card, PayPal, or cryptocurrency. Complete your transaction and wait for the delivery of your gift cards.
To sell gift cards on CardCash, visit the website and click on the “Sell Gift Cards” option. Enter the details of your gift cards, such as the brand and the value, and CardCash will provide you with an offer. If you accept the offer, follow the instructions to send your gift cards to CardCash. Once your gift cards are verified, you will receive instant cash payment hassle-free.
Is Cash Card Reliable?
When it comes to reliability, CardCash has established itself as a reputable and trusted online gift card marketplace.
One of the key indicators of CardCash’s reliability is its accreditation with the Better Business Bureau (BBB). CardCash has been accredited by the BBB since 2010 and has a rating of A+. This accreditation signifies that CardCash meets certain standards of trustworthiness and customer satisfaction.
CardCash also offers a 45-day guarantee on all purchases, ensuring that users are protected in case of any issues with the gift cards. This guarantee provides an added layer of reliability and demonstrates CardCash’s commitment to customer satisfaction.
In terms of customer service, while some users have reported difficulties in contacting CardCash’s customer service, the platform has implemented measures to address these issues.
FAQ’s:
How Quickly Can You Sell Your Gift Cards On Card Cash?
When it comes to selling gift cards on CardCash, the process is relatively quick and straightforward. After submitting the details of your gift cards on the website, CardCash will provide you with an offer. If you accept the offer, you will need to send your physical gift cards to CardCash for verification. Payment options include check by mail, ACH transfer, PayPal, or trading for another gift card brand.
The verification process typically takes a few business days. Once your gift cards are verified, CardCash will send you payment for the agreed-upon amount. The payment can be received through various methods, such as direct deposit, PayPal, or a check.
In addition to physical gift cards, CardCash also accepts electronic gift cards (e-cards) that can be sent via email. E-cards can be verified instantly, allowing for faster payment processing.
What Measures Does Card Cash Take To Ensure Transaction Security?
CardCash takes several measures to ensure the security of transactions on its platform. The platform uses encryption technology to protect users’ sensitive information, such as credit card details and personal data. This ensures that the information transmitted during transactions is secure and cannot be accessed by unauthorized individuals.
CardCash also has strict policies in place to prevent fraud and unauthorized access. The platform verifies the authenticity of gift cards before making them available for purchase. This helps to reduce the risk of users receiving fraudulent or invalid gift cards.
Additionally, CardCash has a 45-day guarantee on all purchases, ensuring that users are protected in case of any issues with the gift cards. If a user encounters a problem with a gift card, they can file a complaint within 45 days and receive a full refund.
Can You Purchase Gift Cards From International Brands On Card Cash?
CardCash primarily deals with gift cards from brands within the United States. While there may be some international brands available on the platform, the majority of the gift cards are from US-based retailers and restaurants.
Why Was I Charged If Cardcash Does Not Accept The Card?
If you were charged for a gift card that CardCash does not accept, it could be due to a misunderstanding or error during the transaction process. It’s recommended to reach out to CardCash’s customer service and provide them with details of the issue for further assistance.
Is It a Good Idea To Sell My Gift Card For Cash?
Selling your gift card for cash can be a good option if you don’t plan on using the card or if you need immediate cash. However, it’s important to consider the value you will receive for the card and any fees associated with the transaction before making a decision.
Can You Trust The Discounts Offered By CardCash On Gift Cards?
CardCash offers discounted gift cards, allowing users to purchase their favorite brands at a lower price than the face value of the cards.
While there may be some risks involved, CardCash has a good reputation and offers a 45-day guarantee on all purchases, providing some assurance of the discounts’ reliability.
How Does CardCash Compare To Other Similar Platforms In Terms Of Reliability And Security?
CardCash has established itself as a reputable and trusted online gift card marketplace.
The platform is accredited by the Better Business Bureau and offers a 45-day guarantee on all purchases. While there may be other similar platforms available, CardCash’s reliability and security measures set it apart.
What Are The Steps To Verify The Authenticity Of Gift Cards Purchased Through CardCash?
CardCash verifies the authenticity of gift cards before making them available for purchase. This helps to reduce the risk of users receiving fraudulent or invalid gift cards. If users encounter any issues with a gift card, they can file a complaint within 45 days and receive a full refund.
Is It Advisable To Buy Or Sell Gift Cards On CardCash, Considering Potential Scams Or Fraudulent Activities?
While there is a potential risk of scams or fraudulent activities, CardCash has implemented security measures and offers a 45-day guarantee on all purchases. It’s important to weigh the potential risks and benefits, and to use caution when buying or selling gift cards on any online platform.
Conclusion
In conclusion, when considering CardCash, it’s essential to weigh the benefits against potential risks and drawbacks. While CardCash offers a convenient platform for buying and selling gift cards, there may be security concerns and limitations to consider.
Take into account the reliability and trustworthiness of the platform before engaging in transactions. Always verify the authenticity of gift cards and understand the terms and conditions to ensure a safe and satisfactory experience.
If you’re considering using CardCash, conduct thorough research and proceed with caution to make informed decisions tailored to your individual needs and preferences.