Top retailers like Amazon retain their loyal customers by granting different types of gift cards on special occasions, large purchases, and many more such events. If you are also in the same category and have several unused gift cards from Amazon, converting them into quick cash seems to be the most feasible and profitable option. However, several facts are often unknown to the voucher owners, which is why we have curated a detailed guide below. Here, we will bust a few myths regarding trading your Amazon gift cards for cash so that you can make a proper call without any regret.

You can always convert the gift cards into cash

Most retailers, including Amazon, do not allow their users to directly redeem their gift cards into cash. Hence, you may not get this option in their application or website. However, there are several third-party platforms, like GCBuying application where you can upload gift cards and sell them to earn revenue. These third-party applications are not integrated with Amazon, which is why you won’t face any conflict or issue while selling your Amazon gift cards for cash.

All gift cards from Amazon can be sold

If you think that all the gift cards you have received from Amazon can be traded for cash, you are in the wrong boat. In reality, some gift cards from this top retailer have restrictions, which is why you won’t be able to use them to earn money. So, before you sell Amazon gift card in Nigeria, it is advised to check the policies and terms and conditions associated with the voucher. If there are no restriction, you can go ahead and list the card details on third-party gift card trading platforms.

It is always profitable to sell Amazon gift cards

One of the major myths that people still believe in is that they can easily make a huge profit by selling Amazon gift cards. Although you will receive cash against your voucher, it won’t be 100% of the gift card value. Instead, you will be able to place the bid with a maximum valuation of 70% to 80% of the gift card value. The percentage usually depends on the market conditions and the chosen third-party platform where you want to trade Amazon gift card for cash. So, you should choose a platform that offers the highest competitive rates to make maximum profit from the transaction.

It's always safe to sell the Amazon gift cards

Also, selling Amazon gift cards can be quite risky if you do not verify the authenticity of the third-party platform. Choosing any random software can lead to interaction with scammers, which won’t be no where close to profitable for you.

Conclusion

Since here we have busted the myths about trading Amazon gift cards for cash, you need to be more aware and cautious while selling the vouchers. Choose a reliable and secured platform where you can instantly receive the cash against the placed bid for your Amazon gift card.    

Source: https://myvipon.com/post/1299764/Use-Amazon-gift-cards-for-Top-amazon-coupons