CardCash Lets You Offload Unused Gift Cards, but Is It Legit?

CardCash is a marketplace that allows users to buy, sell, and traded unused gift cards. Is CardCash legit? Here's what we know about the company.

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Mar. 14 2023, Published 9:39 a.m. ET

Do you have a pile of unused gift cards taking up space in your wallet? Whether they’re from Target, Starbucks, or Panera, these plastic (or digital) money savers can become a total nuisance and inconvenient at times if there isn't a store nearby.

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If the gift card is for place you frequent, they make a fantastic gift, but if it’s iTunes and you’re a Spotify person then it’s a waste of money.

So, what are you supposed to do with all of your unused gift cards? You can trade or sell them on a gift card marketplace like CardCash! Although the website is convenient, is CardCash legit?

What is CardCash?

CardCash is a website and app that lets users buy, sell, and trade discounted gift cards at a lower price. CardCash offers a wide variety of gift cards from popular retailers such as Amazon, Target, and Walmart. Users can search for retailers or browse categories to find the best deals.

It’s a gift card marketplace that acts as a middleman for gift card buyers and sellers. When a user sells a gift card, CardCash will verify the balance and offer the seller a price lower than the face value. The company will keep a percentage of the sale as profit.

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Is CardCash a legit company?

CardCash began in New Jersey in 2008 after the founders had too many unused gift cards. They created the company as a place where consumers could buy, sell, and trade discounted gift cards.

CardCash is a legitimate company and a trusted website that doesn’t charge fees, but don’t expect to receive face value for your cards. Despite being a legit company, there are some issues. The company isn't accredited by the Better Business Bureau. Most CardCash reviews discuss the 45-day guarantee and balances disappearing afterwards.

Here's how to use CardCash.

CardCash works in three ways:

Sell: To sell cards, provide basic info like the retailer, balance, and expiration date. CardCash will make an offer based on popularity of the card or business. If you accept, mail the gift card and once the company receives it, they’ll pay you in cash or give you credit.

Buy: Browse the site for available cards and then add to the cart and check out. You’ll have 45 days to use your card.

Trade: For unwanted gift cards, you can trade them on the gift card exchange. CardCash will make an offer, and if you accept, you’ll need to mail in your card and they’ll send you the new one.

How long does it take CardCash to pay you?

The length of time it takes CardCash to pay you depends on the type of payment method you choose, how quickly you send in your gift card, and if there are any issues with your gift card. If you choose to receive a CardCash credit, you'll receive payment immediately after your gift card is verified.

If you have questions about payment or anything else, contact CardCash customer support.

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