Gift card sites: Save money, make money

Gift cardsBY DAVID M. TAUBE
Washington Blade

Is saving money one of your resolutions for the New Year? Then perhaps it is time to jump in the card pool by purchasing gift cards at a discount. Gift card exchange web sites such as Card Pool (www.cardpool.com), Plastic Jungle (www.plasticjungle.com), and ABC Gift Cards (www.abcgiftcards.com) sell discounted gift cards from hundreds of retailers. The wide variety includes home improvement (Home Depot, Lowes), drug (CVS, Rite Aid), electronic (Best Buy, Apple), big-box (Wal-Mart, Target), and department stores (JC Penney, Macy’s).

The websites pay up to 92 percent for unwanted or unused gift cards and then re-sell them at discounts ranging from 2 percent to 35 percent. There is no sales tax and shipping is free; electronic gift cards are also available. An abundant selection of cards is now available as they are cashed in after the holidays.

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