Is Card Cash Instant a Fast Way to Sell

Author

Reads 974

Floral Design on a Greeting Card with Printed Text
Credit: pexels.com, Floral Design on a Greeting Card with Printed Text

Card Cash Instant promises a fast way to sell your unwanted gift cards, but is it really worth it? In some cases, yes. According to a study, 68% of consumers prefer to sell their gift cards online rather than in-store.

The process is straightforward: you enter the card details, and Card Cash Instant sends you a quote. It's a convenient option, especially for those who don't have time to visit a physical store. However, be aware that Card Cash Instant charges a fee, which can range from 8% to 15% of the card's value.

Card Cash Instant's fees are higher than some other online platforms, but the service is still relatively quick. On average, it takes around 2-3 business days to receive payment after selling your gift card. This is faster than some other methods, but not the fastest option available.

What is CardCash

CardCash is a website that allows users to buy and sell gift cards at a discount. It's like a marketplace for gift cards.

A person wearing gloves withdraws cash from an ATM, ensuring hygiene.
Credit: pexels.com, A person wearing gloves withdraws cash from an ATM, ensuring hygiene.

CardCash was founded in 2010 and is headquartered in New York City. It's a privately held company.

On CardCash, users can buy gift cards from various retailers at a discounted price, often up to 35% off the card's face value. This can be a great way to save money on purchases.

Readers also liked: E S a Payments

Is CardCash Instant

CardCash offers instant virtual cards through its partnership with Onbe, a corporate payouts platform. This allows consumers to exchange their unwanted gift cards for instant virtual cards.

With instant payouts on virtual Mastercard cards, consumers can immediately spend their money with any merchant that accepts Mastercard. This is a game-changer for those who want to stretch their dollars further, especially around the holidays.

During a pilot program, the virtual card offering grew faster than any of CardCash's other noncash payment options. This shows that consumers love the fast and secure payment option.

CardCash's online secondary gift card market provides a solution for the $15.3 billion worth of unused gift cards held by 51% of American adults. This is a huge problem, but CardCash is helping to solve it.

Consumers can opt to sell their gift cards and receive payment through various methods, including check, ACH, PayPal, and now Onbe virtual cards. This gives them more flexibility and options.

Intriguing read: Mastercard Tap and Pay

Frequently Asked Questions

How fast is CardCash PayPal?

CardCash typically makes funds available to PayPal within 48 hours after receiving your gift card. Funds are deposited via ACH or PayPal, with options for written checks also available.

Matthew McKenzie

Lead Writer

Matthew McKenzie is a seasoned writer with a passion for finance and technology. He has honed his skills in crafting engaging content that educates and informs readers on various topics related to the stock market. Matthew's expertise lies in breaking down complex concepts into easily digestible information, making him a sought-after writer in the finance niche.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.