Are you looking to make some extra cash in Kenya by selling gift cards? You’re not alone; many people turn to apps to sell gift cards for cash, and it’s a great way to declutter your wallet or make some money from unused cards. With the rise of e-commerce and digital payments, selling gift cards has become more convenient than ever, and there are several apps to sell gift cards for cash that can help you achieve your goal.
Understanding Gift Card Exchange Apps
A gift card exchange app is a platform where you can buy and sell gift cards from various retailers, often with a focus on cash back or rewards. These apps usually work by allowing users to upload their unwanted gift cards, which are then sold to other users or exchanged for cash or other rewards. Some popular gift card exchange apps in Kenya include:
- Gift Card Granny
- Cardpool
- GiftCards.com
Apps to Sell Gift Cards for Cash in Kenya
Here are some of the top apps to sell gift cards for cash in Kenya:
1. Ezeekart – This app allows you to sell your gift cards for cash, with competitive exchange rates and fast payouts. You can upload your gift cards and receive an instant quote, and once you accept the offer, you can get your cash within a few days.
2. Paystub – Paystub is another popular app to sell gift cards for cash in Kenya. You can upload your gift cards and sell them at a competitive price, with the option to receive your cash via M-Pesa or bank transfer.
3. GiftVilla – GiftVilla is a gift card exchange platform that allows you to buy and sell gift cards from various retailers. You can upload your unwanted gift cards and sell them for cash, with competitive exchange rates and fast payouts.
4. CardCavern – CardCavern is a gift card exchange app that allows you to sell your gift cards for cash, with competitive exchange rates and fast payouts. You can upload your gift cards and receive an instant quote, and once you accept the offer, you can get your cash within a few days.
5. GiftCardExchange – GiftCardExchange is a gift card exchange platform that allows you to buy and sell gift cards from various retailers. You can upload your unwanted gift cards and sell them for cash, with competitive exchange rates and fast payouts.
Benefits of Using Apps to Sell Gift Cards for Cash
Using apps to sell gift cards for cash has several benefits, including:
- Convenience: You can sell your gift cards from the comfort of your own home, without having to physically visit a store or marketplace.
- Flexibility: You can sell your gift cards at a time that suits you, and receive your cash within a few days.
- Competitive exchange rates: Apps to sell gift cards for cash often offer competitive exchange rates, ensuring you get the best price for your gift card.
- No fees: Many apps to sell gift cards for cash do not charge fees, making it a hassle-free way to declutter your wallet and make some extra cash.
Things to Consider Before Selling Gift Cards
Before selling your gift cards, here are some things to consider:
1. Exchange rates:** Ensure you understand the exchange rate offered by the app, and that it is competitive with other similar platforms.
2. Transaction fees:** Some apps may charge transaction fees, which can eat into your profit margins. Be sure to factor these fees into your decision.
3. Payout options:** Check the payout options available on the app, such as M-Pesa or bank transfer, and ensure they align with your needs.
4. Security:** Ensure the app has a secure payment system and protects your personal and financial information.
5. Reviews and ratings:** Research the app’s reputation by reading reviews and checking ratings from other users. This can give you an idea of their reliability and customer service.
6. Terms and conditions:** Carefully read the terms and conditions of the app, including any rules or restrictions on selling gift cards.
Conclusion is skipped to keep to the 1200 words limit requested.
Sell Gift Cards for Cash: Top Apps to Consider
If you’re looking for ways to declutter your digital wallet or make some extra cash, selling unused gift cards can be a great option. With numerous apps available, you can easily sell gift cards for cash and get the best deals.
| App Name | Supported Gift Card Types | Fees | Minimum Balance | Ratings |
|---|---|---|---|---|
| Rakuten | Over 2,500 gift cards, including popular brands like Amazon, Target, and Walmart | No fees for selling gift cards; 2% fee for some purchases | $5 | 4.5/5 |
| GiftCardGranny | Over 300 gift cards, including popular brands like iTunes, Google Play, and Starbucks | No fees for selling gift cards | $10 | 4.4/5 |
| Cardpool | Over 200 gift cards, including popular brands like Amazon, Target, and Best Buy | 10% – 20% fees depending on the card balance | No minimum balance | 4.3/5 |
| Raise | Over 2,000 gift cards, including popular brands like Amazon, Target, and Walmart | No fees for selling gift cards; 14.9% fee for some purchases | $20 | 4.4/5 |
When using these apps to sell gift cards for cash, keep in mind that fees and minimum balance requirements may vary. Be sure to review each app’s terms before getting started. By choosing the right app for your needs, you can easily turn your unused gift cards into cash and declutter your digital wallet.
Ready to start selling your unused gift cards for cash? Try out one of these top-rated apps today!
How to Sell Gift Cards for Cash in Kenya with Top Apps
Q: What are the top apps for selling gift cards in Kenya?
The top apps for selling gift cards in Kenya include Zinga, Cashbasha, and Bonga Points. These apps allow you to sell your unwanted gift cards for cash, and they often offer competitive exchange rates.
Q: How do I sell gift cards on these apps?
To sell gift cards on these apps, you’ll need to download the app, create an account, and upload a scan or photo of your gift card. The app will then assess the value of your gift card and offer you a price in cash. If you accept the offer, you can transfer the cash to your bank account or mobile money wallet.
Q: Are there any fees associated with selling gift cards through these apps?
Yes, some of these apps may charge a small fee for their services, typically ranging from 5-20% of the gift card’s value. However, this fee is usually lower than what you’d get from selling your gift card to a gift card exchange website or physical store.
Q: How long does it take to sell a gift card on these apps?
The time it takes to sell a gift card on these apps varies depending on the app and the type of gift card you’re selling. Typically, you can expect to receive your cash within a few hours or days after uploading your gift card details.
Q: Are these apps safe and secure?
Yes, the top gift card selling apps in Kenya, such as Zinga and Cashbasha, are designed with security in mind. They use encryption and other measures to protect your personal and financial information, and they’re compliant with Kenyan regulations regarding mobile payments and money transfer services.
Conclusion
In this article, we’ve explored the world of selling gift cards for cash in Kenya using top apps. We’ve seen how this can be a valuable way to earn some extra money, especially for those with unused gift cards. By leveraging these apps, individuals can turn their unwanted gift cards into cash, making it a great way to supplement their income. According to the Central Bank of Kenya Central Bank of Kenya (CBK), Kenyans are increasingly turning to digital financial services to manage their money.
Key Takeaways
Here are some key takeaways to keep in mind:
* Always research and understand the fees associated with selling gift cards.
* Be cautious of scams and ensure you’re using reputable apps.
* Consider budgeting and saving a portion of the cash you earn.
Clear Next Steps
Here are some easy, actionable steps you can take immediately:
1. Download and install one of the top gift card selling apps in Kenya.
2. Research and understand the fees associated with selling gift cards.
3. Start selling your unwanted gift cards and earning some extra cash.
Financial Insights
Here are some financial insights to keep in mind:
* In 2020, the World Bank reported that 63% of Kenyans used mobile money services World Bank Report.
* According to a 2022 report by the International Monetary Fund (IMF), Kenya’s mobile money market is one of the largest in the world, with over 90% of the population having access to mobile money services IMF Report.
Get Access to Quick and Secure Online Loans
At Kopacash, we understand that sometimes you need access to cash quickly and securely. That’s why we offer fast and flexible online loans that can help you meet your financial needs. Visit kopacash.com today to apply for a fast and secure online loan.
Leave a Reply