Sell Gift Cards Online In Canada: Unravel the Best Options

Gift cards have become an integral part of the Canadian retail landscape, offering consumers a convenient way to make purchases. However, a lesser-known fact is that individuals can also sell their unwanted gift cards for cash online. This phenomenon has gained significant traction in recent years, with numerous websites and platforms emerging to facilitate the buying and selling of gift cards. In this article, we'll delve into the world of online gift card trading in Canada, exploring the best options for individuals looking to sell their unwanted gift cards for a profit.

When it comes to selling gift cards online, Canadians have a multitude of options at their disposal. Whether it's for a specific store or a broader platform, there's a platform that caters to every need. One of the pioneers in the gift card resale market is Cardpool, a US-based company that also operates in Canada. According to Cardpool's founder, Brett Sady, "Cardpool's mission is to provide a hassle-free and environmentally friendly way for individuals to turn unwanted gift cards into cash."

Main Platforms for Selling Gift Cards Online in Canada

While several platforms have emerged to facilitate the buying and selling of gift cards, some stand out as the most popular among Canadians.

1. Cardpool

Cardpool is one of the oldest and most reputable gift card resale platforms operating in Canada. With over 250 stores on their list, including popular retailers like Amazon, Best Buy, and Sephora, individuals can find the perfect opportunity to sell their unwanted gift cards. Cardpool offers a secure, user-friendly platform that takes care of the logistical aspects of the transaction.

2. Raise

Raise is another prominent gift card resale platform that operates in Canada. Founded in 2005, Raise has built a reputation for being the No. 1 place to buy and sell gift cards. At present, they offer 24 major brands, such as Amazon, Apple, and Home Depot, to name a few.

As of 2022, Raise boasts over $XX in transactions per year, demonstrating the enormous potential in this nascent market. Individuals can list their gift cards for free and get cash paid directly into their PayPal, bank account, or even as a direct deposit to their bank account.

3. Decluttr

Decluttr is an established platform for selling unwanted gifts, including gift cards. With a user-friendly website and mobile app, Decluttr has simplified the process of buying and selling items for Canadians. According to their statistics, over 100 million individuals use their service annually, selling over half a billion items in the process.

Decluttr's platform features over 8,000 gaming and movie titles to offer a competitive rate on their gift cards catalogue, which is particularly appealing to today's gaming enthusiasts.

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