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Old Dec 1, 2016, 12:16 pm
  #46  
 
Join Date: Jan 2014
Location: SFO
Programs: OZ Diamond/*G, IHG Diamond Amb, Hilton Gold
Posts: 2,239
Originally Posted by Macosty
Interesting update. After their first email I responded that I bought the cards at CVS and Amazon and I can not see what the problem would be and they emailed me back that my account is good to go again. I guess we will see if that is the case when I try next time.

They do tend to have the highest payouts but the $500 limit kills me. I do mostly use ABC but ended up losing $7-8 by having to sell to them
You could try but most likely you're still banned. They would never straight up tell me I was banned but they always "had trouble verifying the gift card balance" 100% of the time so I assumed it was so.
1353513636 is offline  
Old Dec 9, 2016, 12:33 am
  #47  
 
Join Date: Oct 2012
Posts: 970
Originally Posted by DirigoB
I have used ABC Gift Cards extensively and have never had any issues. They are fast and reputable. GiftCardZen is also very good, however they don't accept the same variety of cards and they also have the weekly limits.

SaveYa is garbage as far as I'm concerned. I tried to sell ONE perfectly legitimiate GC, got declined, and can never sell to them again. I don't get it, but I would rather give my business to ABC anyway.
ABC are not reputable. They held $3k in gcs for nearly 3 months - sold them and never paid me. Had to file complaints with AG and BBB before I finally got paid. Total scumbags!

Agreed, SaveYa sucks. Was banned after I complained about several of the cards I purchased from them were drained before I got them. So they ban me?? smh.

GCZ has always been good to deal with. But things have changed now they sold - not as customer friendly as before and their prices are lower.

The entire industry is rife with fraud and scumbags. It's not if you're going to get screwed, only when. Caveat emptor...
farwest101 is offline  
Old Jan 13, 2017, 6:14 pm
  #48  
 
Join Date: May 2015
Posts: 40
Can someone explain how Giftcardmart makes money?

Can someone explain to me their business model?

I don't get how you can make a profit selling gift cards after paying paypal fees etc.

Are they just churning points?
kayvebear is offline  
Old Jan 13, 2017, 10:18 pm
  #49  
 
Join Date: Mar 2016
Posts: 13
buy low, sell high, subtract overhead, reap the profit
chalkitup is offline  
Old Jan 14, 2017, 12:55 am
  #50  
 
Join Date: Jun 2015
Location: USA
Posts: 139
They're a gift card exchange. When you sell to them, they buy well below the face value of the gift cards, so they still make a profit when they sell.
dothemath is offline  
Old Jan 14, 2017, 2:53 am
  #51  
 
Join Date: Oct 2015
Posts: 226
Similar Questions

Who buys cards higher than face value - which you see on eBay all the time? Who are these people/companies and why? What am I missing?

Presuming you sell cards at face value (who would buy them if they were not discounted), there is all but 3% or so percent opportunity (generously say 0-8%), seems hardly worth the effort. What am I missing?
pixelrogue is offline  
Old Jan 14, 2017, 4:11 am
  #52  
 
Join Date: Jul 2013
Posts: 1,036
Probably a scam. Just because a price is listed doesn't mean it sells.
ibleed0range is offline  
Old Jan 14, 2017, 7:50 am
  #53  
 
Join Date: Jul 2014
Posts: 3,688
Originally Posted by pixelrogue
Who buys cards higher than face value - which you see on eBay all the time? Who are these people/companies and why? What am I missing?

Presuming you sell cards at face value (who would buy them if they were not discounted), there is all but 3% or so percent opportunity (generously say 0-8%), seems hardly worth the effort. What am I missing?
back in 2007 or 2008, there were frequent Microsoft Live banners on select products that offer 25% to 30% off on them. A lot of people listed their GCs over its face value and got 'someone' to buy them so both parties raked in tons of profits. I'm not aware of current schemes that'll make it profitable for sellers except if they have offers from ebay to list items and they have an X deal whether their item gets sold or not.
Mamibear is offline  
Old Apr 11, 2017, 3:47 am
  #54  
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Join Date: Apr 2017
Posts: 3
What do you think where to buy discount gift cards?

If you want to save money and the best way buys discount gift cards, then What do you think where to buy discount gift cards?
avabrown is offline  
Old Apr 11, 2017, 8:09 am
  #55  
 
Join Date: Dec 2015
Location: DCA
Posts: 818
Buying discount Visa/MasterCard GCs for MS purposes is usually difficult to scale/find. Two common methods are when Staples or Office Depot/Max have sales (see the dedicated thread on that; OD/OM has such a sale on Visa GCs this week). The other method is using a cashback portal at GiftCardMall - again, that has a dedicated thread.

For discounted merchant gift cards for purchases I make frequently (e.g. Starbucks, Panera) I usually search at https://www.giftcardgranny.com/ - that's not generally considered MS though.
bodiddely is offline  
Old Apr 11, 2017, 12:30 pm
  #56  
 
Join Date: Jul 2014
Posts: 369
I find giftcardmart to be the safest site to deal with. Disount plus codes as bonus categories. Too bad they have such a limited selection. I always take there prices just for the confort of knowoing that the card will work. If you have a question, they also answer their phones!
chaser123 is offline  
Old Apr 11, 2017, 9:16 pm
  #57  
 
Join Date: Dec 2013
Posts: 81
Sams Club has some decent deals on restaurant/retail cards. I noticed that they had Rock Bottom Brewery and Old Chicago Cards at $80 for $100 worth of cards. 20% off + it counts as a warehouse club for 5% categories at certain times makes these a pretty good deal if you would be eating/drinking at these locations anyways.
ostornadoe1 is offline  
Old Aug 7, 2018, 12:24 pm
  #58  
 
Join Date: Apr 2015
Posts: 309
Does anyone have any experience selling gift cards to CardKangaroo?
vm81 is offline  
Old Sep 4, 2018, 8:55 pm
  #59  
CDO
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Join Date: Sep 2014
Posts: 350
Anyone have any experience with bargain gift card? Seems like a new exchange that recently popped up.
CDO is offline  
Old Sep 5, 2018, 6:50 am
  #60  
 
Join Date: Dec 2017
Posts: 103
Originally Posted by vm81
Does anyone have any experience selling gift cards to CardKangaroo?
I tried them for the first time a month ago. Sold a few different cards and got paid via Paypal quickly. One thing I noticed is they require physical mail in of the GC on most of the cards I was looking to sell where as, cardpool allows electronic submission.
cwh82 is offline  


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