Originally Posted by
mvoight
10 Percent... LOL
They offer $375 for a $500 JCP card. That is 25 percent less.
I think you can BUY cards for a savings of "~10%"
It depends on the card. Amazon or Home Depot or Walmart are bought close to face value, so you can sell for around (~) a 10% loss.
If you try to sell something that is awash in the market or something that noone wants, ie JCP, you will see a significant drop off %.
Also, the higher value cards are at a higher discount, because there are fewer people who can a) afford and b) plan on using that much credit quickly. For instance, I could go through $500 at Lowes quickly, but if you wanted me to buy $500 worth of JCP, I would laugh and then offer significantly less than face because I don't have any plans to shop there.