Topic Wiki

Selling GC tips.

Giftcardgranny.com and giftcardwiki.com are good aggregators for best rates. Be wary of selling on Ebay as buyer can put in a false claim that it was empty and you can get screwed.

Cardpool:
Verification: 415-419-8787 between the hours of 1230pm - 930pm ET. Have your order # ready.
Offers an extra 6% if taken in the form of amazon GC and will also pay quicker than a check.
If you haven't heard from them give them a call it may be stuck in verification. Large total value is a trigger.

GiftCardZen:
Will cancel the full sale if one of the GC are incorrect.

In general if an order gets cancelled, it's possible those gc are *tarnished* and you may have trouble unloading them. It is possible these sites communicate with each other in this regard as well. In this case you can do the PITA method of using the GC to buy/return items and get a new gc issue.

Author Topic: Buying/Selling Gift Cards Online Master Thread  (Read 81664 times)

Offline GTR

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #120 on: August 10, 2015, 07:36:46 AM »
It has now been nearly three full weeks since Gift Card Rescue reported payment as "Sent."  If it's not in the mail today (I'll give them the benefit that today is included in three weeks) I'm going to request a new check or other method of payment. 

It appears to me that the business is cash strapped and is "slow paying" sellers.  Just a guess... Not very cool, I wouldn't deal with them again for a GC sale.. I would probably still purchase from them if they were the lowest price.

Lunatic are you still waiting?

Offline lunatic

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #121 on: August 11, 2015, 11:34:12 AM »
I called yesterday,  and they told me they can send me a new check on Friday. I told them I wanted right away,  and they said they had to wait... I started barraging the ceo on Twitter,  (check out doc twitter feed). Well, I got a response from the ceo and they called me to let me know it is going out today via priority mail...

Offline etech0

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #122 on: August 11, 2015, 11:48:02 AM »
FWIW I got my check from cardkangaroo last week. They were a pleasure to deal with.
Workflowy. You won't know what you're missing until you try it.

Offline GTR

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #123 on: August 11, 2015, 01:06:24 PM »
I called yesterday,  and they told me they can send me a new check on Friday. I told them I wanted right away,  and they said they had to wait... I started barraging the ceo on Twitter,  (check out doc twitter feed). Well, I got a response from the ceo and they called me to let me know it is going out today via priority mail...

Yikes.  They are definitely in AT LEAST a seriously bad cash flow situation... I hope I can get my money out of them before the ship sinks.  I may try your tact.

Offline Seeker

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Re: cardcash
« Reply #124 on: August 11, 2015, 03:20:03 PM »
It's funny though, where the rates are 1-2% off I will give preference to resellers who I've had prompt service from, even when 1-2% cuts my margins.

Same here. It's for peace of mind. I worry when they take more than 8-10 days.

Offline lunatic

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #125 on: August 11, 2015, 03:22:59 PM »
Yikes.  They are definitely in AT LEAST a seriously bad cash flow situation... I hope I can get my money out of them before the ship sinks.  I may try your tact.
They got me real nervous. Send the ceo a tweet with your order number... Gets it expedited

I had to send like 20 tweets

Offline GTR

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #126 on: August 11, 2015, 03:35:59 PM »
Sent tweets right after you posted... still no response... You get a delivery confirm # yet?  They obviously didn't ever send payments the first time they said they were.  Just buying time, classic slow pay.

Offline lunatic

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #127 on: August 11, 2015, 04:49:10 PM »
Sent tweets right after you posted... still no response... You get a delivery confirm # yet?  They obviously didn't ever send payments the first time they said they were.  Just buying time, classic slow pay.
Did you tweet the ceo... Find doc tweets and respond to that. And milestomemories.

Offline lunatic

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #128 on: August 12, 2015, 04:25:51 PM »
Got my check from gift card rescue... Wow,  that was quite a challenge

Offline lunatic

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #129 on: August 12, 2015, 04:26:43 PM »
Anyone sell to gift card mart?

Offline GTR

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #130 on: August 12, 2015, 09:20:21 PM »
CEO tweeted back to me that my check is scheduled to be delivered tomorrow.  Thanks for that tact, hopefully it works... Now we see if it clears... LOL.

In other news I've had to return Bloomingdales GC's to both CardCash and Raise for not having balances and being blocked by Bloomies as stollen.  The Raise one caused my MillagePlus Shopping order @ 8x pts and triggering 1250 bonus points to be cancelled... GRRRR.

Offline lunatic

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #131 on: August 12, 2015, 09:29:53 PM »
Deposited mine today... Hope it clears... I  am done with those nuts...

Offline GTR

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #132 on: August 14, 2015, 04:22:32 PM »
Got mine today.  Deposited it today.  We'll see how it goes.  I am also PROBABLY done with them...

Offline Tzafnas Paneach

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #133 on: August 14, 2015, 04:41:15 PM »
Why is this thread in "just shmooze"?

Offline ChaimMoskowitz

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #134 on: August 14, 2015, 04:41:49 PM »
Why is this thread in "just shmooze"?
Was just going to ask that.
I just found a new supply of forks!

Offline lunatic

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #135 on: August 14, 2015, 04:42:50 PM »
Deposited mine today... Hope it clears... I  am done with those nuts...
And my check cleared. Yay.
And I also got the original check today that probably got voided

Offline Tzafnas Paneach

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #136 on: August 14, 2015, 04:43:42 PM »
This post should def be building my post count...

Offline dovy2

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #137 on: August 14, 2015, 05:27:49 PM »
Stay away from gift card rescue..
After all markets lower their prices..They keep theirs up, to attract customers, and then afterwards notify the seller that the cards are rejected and offer a lower rate.

Offline GTR

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #138 on: August 17, 2015, 10:46:08 AM »
My GiftCardRescue check cleared.  It's unclear whether it was a reissue or simply the first issue after several weeks of nopay/slowpay.  They honored the prices quoted which was somethign i was worried about since my margins were slim for profit and points.  I would NOT sell to them again, it appears that they are having serious financial issues.  Thanks again to  Lunatic for getting the ball rolling on payments. 

For such a high cashflow business with slim margins themselves I'm sure they're not acting maliciously or fraudulently but they're likely just in extreme distress and seeking to take market share by competing with some of the top players. 

Offline lunatic

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Re: Buying/Selling Gift Cards Online Master Thread
« Reply #139 on: August 17, 2015, 11:42:14 AM »
My GiftCardRescue check cleared.  It's unclear whether it was a reissue or simply the first issue after several weeks of nopay/slowpay.  They honored the prices quoted which was somethign i was worried about since my margins were slim for profit and points.  I would NOT sell to them again, it appears that they are having serious financial issues.  Thanks again to  Lunatic for getting the ball rolling on payments. 

For such a high cashflow business with slim margins themselves I'm sure they're not acting maliciously or fraudulently but they're likely just in extreme distress and seeking to take market share by competing with some of the top players.
What type of check was it? The reissue checks are signed by hand. Original checks come from a payment processor