However, with the manner of their packing, you could just receive an empty envelop, with everything slipped out, no cards or checks or what ever you should get from them.
So, I just warn everyone who is still interesting doing business with them, with the tracking number, they will have the prof that they have mailed your cards or checks or what ever they should mail to you. Can you imagine a company like giftcardrescue whose business rely on packing and shipping would pack $4700 cards in a way that being able to slip out completely within the 2 days priority mail delivering process? That should disqualify their business license. My argument is they should return the cards back to me instead mail me an empty envelop. I am not complain at all that giftcardrescue canceled my sell orders, like you guys complained above. The merchandize won’t reissue the cards to me because they are lost by post office with all the cards in the possession of. mailed me an empty envelop with a tracking number and claimed that they returned every cards, it’s the USPS lost my cards.
In my case, not only reject my sell, but didn’t return my cards to me. Reading other peoples experiences of reselling here just were delayed response or rejected the sell, so far has not had any real damage. I would like to share my horrible experience with and warn every one who is doing business with them. Hopefully after my experiment with Gift Card Rescue they can fill in for Zen on my list of companies to sell to. I have sold to just about every other major company and have never had an issue. I don’t hate Gift Card Zen, but their waiting period can be dangerous, especially if market conditions are changing rapidly. This was just another fun afternoon in the gift card game. I actually anticipate a smooth transaction, but you never know! Conclusion (I didn’t need to wait days for them to approve the sale like with Zen.) Since Gift Card Rescue is located on the East Coast, it should take a little while for everything to go through, but I should be able to report back within a week or so. Yesterday I sold the cards on their site and today they went out in the mail. (The bad reviews seem to mostly be on the buyer’s side.) Based on a dismal Reseller Rating I was hesitant to sell cards to Gift Card Rescue, however I ultimately decided to give them a shot in the spirit of sharing my findings with all of you. The other day I wrote about the Phillips 66 gift cards and how Gift Card Rescue was paying 92% for them. Thankfully I already had a package heading out the door to Cardpool, so I sold the cards to them and opened the package and added the cards. I will make $2 less per card overall, but I know the cards are now sold and don’t have to worry about Cardpool backtracking on me. The waiting period with Zen is troubling and because of it I don’t think I will be selling to them anymore unless their rate is significantly higher. With other sellers, once you enter in the information they have committed to purchasing the cards at that rate as long as everything is correct. This puts you at a significant disadvantage if the market for a specific gift card changes quickly. The email I received didn’t give any reason for the rejection and I did follow up with them, but have yet to hear back. (The balances are in tact.) This is frustrating, because they are basically giving themselves a few extra days to reject a sale for any reason they want.
In my case the wait was a little over two days and then they suddenly rejected the sale. Unlike other re-sellers where the transaction takes place right away, Zen has you input the information and then you wait. Gift Card Zen is currently the only company still paying 80%.Īfter receiving my cards from this last sale, I immediately popped up the Zen website and entered in the card information to sell them. Of course a few eBay sales later and there is more supply on the market and thus rates have dropped. A few months ago just about every re-seller would purchase these cards at around 80%. You will receive this if they don’t cancel your order after two days of waiting.Īs part of one of the eBay sales, I purchased $250 in TGI Friday’s gift cards for $200. That isn’t to say there aren’t some frustrations. I know it is not for everyone, but it seems to work within my schedule and tolerances.
With the sheer number of deals around lately, it makes more and more sense to buy and sell gift cards. Details here in the follow up.Īs many readers of the site know, I have been selling more and more gift cards lately. Update: Gift Card Zen has responded as to why they cancelled. This post may contain affiliate links please read our advertiser disclosure for more information.
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