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Wednesday, October 6, 2010

Cash for Gift Cards!

Did you ever receive a gift card to a store that was not your taste or size?

Thanks to Andrew for submitting the following:

Toronto - is a peer-to-peer online market for discounted gift cards. It serves two types of people: Savvy shoppers who are looking to save money before heading to the malls, 10-40% off face value; and gift card holders who would prefer to have cash. With registrants doubling monthly, CardSwap  provides trusted third-party services to this unserved niche of consumers. It’s like an eBay exclusively for gift cards, but better, as CardSwap provides a guarantee on the funds and value in the card.

It is estimated that as much as 10-19% of gift cards are never redeemed, probably forgotten or lost. In a $6 billion dollar Canadian industry, this is a huge problem.
CardSwap is now giving consumers holding these unwanted gift cards a choice. Simply: Register, post the gift card up for sale (which is verified before listed) then sit back. The seller will receive an email notification when the card is sold. Sellers have full control over the price of the gift cards and are charged 6% (minimum $4.50) of the sale price.
In the current economic climate consumers are looking for ways to stick to a budget with minimal change to their current lifestyle. Not only can consumers receive a 10-40% discount they can be sure that all the gift cards posted are valid, secure and can be purchased quickly and conveniently.
CardSwap has already attracted thousands of registered users who have enthusiastically embraced this new online site. This Toronto based company, is the first in Canada but has already been proven by the several successful sites in the US. In this era consumers are able to connect using easy to navigate technology for very specific reasons, such as e-commerce sites like CardSwap.
Visit to enter one of their monthly giveaways. -“Canada’s #1 site for discounted gift cards”

See more about in these places:

CBC- The National, November 26, 2009:
Now Magazine, November 28, 2009:
Tech Vibes "Canada's First for Discounted Gift Cards", December 3, 2009:
Chronicle Herald "Site allows sale of unwanted gift cards", November 20, 2009:
City TV, November 20, 2009:
CBC- Radio Canada, December 10, 2009

1 comment:

Susan said...

A great way to save additional money is to use one of these discounted gift cards and pare it with coupons and sales! You can sometimes double your savings!

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