What Are the Latest Trends in Selling Google Play Gift Cards?

If you have ever found yourself with a gift card on Google Play, though you don't require their services, you might ask yourself how to earn some bucks. Well, you're in luck! In this article, we shall cover everything you need to know about selling Google Play gift cards.

Here is a Google Play gift card might be. A Google Play gift card is a prepaid card you can use on the Google Play website, just like you can purchase from the iTunes store. This will encompass programs like apps and games from television and other multimedia sources. Every card has standard denominations, for instance, $25 or $50, which you pay with.

Why Sell Google Play Gift Cards?

You may wonder, "Why would I want to sell my Google Play gift card?" There are a few common reasons. There are a few common reasons:

1. You are not an Android user. Your devices don't use the Google Play store. You could use an iPhone or the app store on a different platform. So, not applying for a Google Play Gift card won't be handy to you.

2. You have a balance left on the card that you won't use. You may have had a $50 gift card but only spent $30 on the Play Store. You can sell the card instead of letting that $20 go to waste.

3. You need the cash more than the credit. Life happens, and sometimes you just need a little extra money. Selling Google Play Gift Cards can quickly get some cash.

Options for Selling Google Play Gift Cards

If you have chosen to offer your Google Play gift card on sale, how can you go about it? What is the best practical approach to use? Here are the main options:

1. Either sell it or give it away to your friends and family. It is often the choice that is the most convenient. Find out in your family circle if someone among your dearest does not need Google Play gift cards. To sell it at a slightly discounted price, you can price it at $20 for a $25 card.

2. Use an online marketplace. For instance, sites such as CardCash, Raise, and GiftCardGranny facilitate selling unused gift cards on the Internet. You might receive less than your quoting price, but it's a quick way to sell.

3. Sell it to a local gift card exchange. In rush time, local pawn shops, check cashing stores or other retailers will acquire your gift cards from you. This method will help you get 70-90%, which is about the remaining card's value.

4. Sell it on Craigslist or Facebook Marketplace. Unlike others, where you work with intermediaries, this is a risky way to act directly with individual buyers. However, the real advantage of the card might be unlimited access to them.

Tips for Getting the Best Deal

No matter which option you choose, here are a few tips to make sure you get the best deal:

● Examine the most recent market price. The selling value of gift card resale may fluctuate marginally, so do a quick search to see other cards of the same value being sold.

● Immediately sell off the card. The longer you wait, the more depreciated it gets, and for a very high-value card, it behooves you not to stay because it might never be that valuable.

● The state of the credit card should be impeccable. Do not trade cards with scratches, fades, or any other flaws.

● Be on the lookout for fraud. Be cautious about accepting bills that have been counterfeited and credit cards stolen when selling on the Internet or at random places.

● Focus on the convenience factor. Though offering your gift card to a gift card exchange or online marketplace may fetch you a little less money, it will spare you the tedious task of trying to find an individual buyer.

The Selling Process Explained

Now, we will be discussing the selling process. If you want to order something from an online store, it is easy to operate. All your darling will do is give you some information you already have, like the brand, the face value, and possible PINs or codes. Marketplace will then bring you the offer, which you can accept or decline.

You need to think of taxes as one of your top priorities. Any revenue you generate by selling a gift card will be considered income, and you will be subject to paying income tax. It should be treated in the tax declaration you submit. However, the critical point is that the amount is almost always slight and not a significant portion of the total taxes that you will be paying.

Common Mistakes to Avoid

Finally, let's talk about some common mistakes to avoid when selling your Google Play gift card:

● Falling for a scam. When people are not trusted, stay away from it. The internet, in particular, is a dangerous place. If something seems too good to be true, it is a scam.

● Forgetting to remove any personal information. If you are going to sell a card, ensure to take off stickers or any kind of document written with your name, address, or other private data.

● Not shopping around for the best price. Take the time to compare offers from different buyers to get the most for your card.

Conclusion

It seems challenging at first glance, but selling a Google Play gift card will not cause problems. Well, do it wisely, take the time to research, and watch the cash build up from that blank card you already have in your wallet. Good luck!