This post couldn’t have been timed any better. Last week I put out a call for positive programs to review and someone requested I check out Cardpool, a site to buy and sell gift cards. It only took me a few minutes of browsing the site before I realized I was hooked on the idea.
You can buy gift cards at a discounted price or you can sell gift cards you don’t want or need to Cardpool. They will sell the gift cards at a discount to people who will actually use them. The beauty of it all is that you can save money and still receive the same product, or you can make money on a gift card you don’t want to use and put that money to better use elsewhere.
The most reassuring factor of the whole site is that you deal with Cardpool only. If you buy a gift card, it has been 100% verified to have the correct amount on it. If you’re selling a gift card, you get paid in cash upfront for gift card. You don’t have to deal with other users at any time. Not to mention there are no shipping or processing fees when buying or selling gift cards.
The gift cards also do not expire, there are no extra fees associated with them, and you have a 100-day return policy. Yeah, I’m going to check this site before I do any shopping from now on.
Buy Gift Cards and Save Money
There are two types of gift cards for sale: electronic and physical gift cards. Both types are on sale at Cardpool for up to 35% off their value. Electronic gift cards are emailed to you and you can use them online instantly. Physical gift cards take a few days to arrive by mail.
So far, I’ve only purchased one gift card from Cardpool. It was an electronic gift card to Pacsun worth $95.70. I only paid $80.39 for it, saving me 16% off of my order. Here’s a screenshot of my transaction:
Not bad right? I had an order in my shopping cart ready to be checked out worth $105. I checked Cardpool at the last minute and saw that Pacsun had gift cards available. I bought one right away and instantly received an email with details on how to redeem the gift card online. Before checking Cardpool, I was ready to pay $105 for an order. 10 minutes later, that exact order only cost me $89.69. Same items. Same order. Cardpool.
I am planning on picking up a few extra gift cards this weekend for Christmas. I have two sisters that insist on clothes for presents. (I believe this is a clever way of asking for gift cards honestly.) Both shop at a store called Ann Taylor Loft and Cardpool happens to have gift cards there for 20% off.
Now, I can go to Ann Taylor Loft and spend $100 on a $100 gift card, or I can go to Cardpool and buy a $100 gift card for $80. Seems like a no-brainer right? You’re getting a $100 giftcard to Ann Taylor either way, it’s just that you save $20 if you buy it through Cardpool instead.
One thing to note is that you’re not getting some sort of Cardpool branded piece of paper or something like that. You’re getting an authentic gift card that is absolutely no different than the one you’d pay for in the store.
Sell Gift Cards and Make Money
You can also sell gift cards you don’t no longer want. You aren’t going to get full price for your gift cards, but they do make reasonable offers depending on the supply and demand of that particular store.
Since you’re selling the gift cards for less than what they’re worth, definitely make sure it’s a gift card you aren’t going to use. I currently have a $25 gift card to a chain restaurant that I don’t particularly like. Cardpool offered to pay me $20.25 for the card. I think I’m going to sell it because even though I’m losing $4.75, I can use that $20.25 at a restaurant I actually enjoy.
Cardpool does cover the cost of shipping the gift card for you. Once they receive the gift card and verify the correct amount on the gift card, they’ll mail you a check for the price you agreed upon. They are a trustworthy company and have been reviewed by CNN, NBC, ABC, CBS, FOX, NPR, The New York Times, The Wall Street Journal, and many other highly reputable publications. I haven’t sold a gift card there yet, but I may have a few gift cards I don’t want in about two week’s time.
Is Cardpool a Scam?
I have personally bought and used gift cards from Cardpool and HIGHLY recommend you do the same. It’s a great way to save money and receive the same exact product you would have received in a store. I can’t wait for December 26th because the gift card market is going to be flooded and I plan on saving a bit of cash.
If you have any experience with the company, please leave a comment below!