How to Resell Prepaid Credit Cards

Video Transcript

Hi, my name is Maria Enomota from Consumer Credit Counseling Service and today we are going to learn on how to resell a prepaid credit card. Sometimes we, as a gift, we can receive a prepaid credit card or a gift card. And sometimes it's not that we are going to spend that money in that particular store or that you prefer to have cash instead of having that money into a credit card. If you for sure know that you are not going to be using or there is no way that you can use the plastic credit card that you have and you want to sell it, then probably the best thing that you can do is look around from the people you know, your friends, your family and of course, avoid the person who gave you the card. And ask if they are going to be willing to buy the card from you. It's going to be good if you can have an updated receipt of the balance that you're carrying of that account just to for them to make sure that you are offering the correct amount. And see if anybody is willing to buy it. If you are at work, probably you can send an email or put a message on the board that says that you have a prepaid card that you are wanting to sell. Sometimes they will probably offer you less of the amount that you have, just to pay the cost of having the cash in hand. And if this things doesn't work, sometimes on line there are certain sites where you can probably post it and see if anybody will be able to offer amount of money for your prepaid card. Usually through the web site online, you are probably going to be offered less of the amount that you have on the card and it's basically the price that you need to pay in order to get the cash.

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