Out of all the gift card exchange sites we reviewed, GiftCardBin offers the highest possible payout for your unwanted gift cards. This gift card exchange site has a decent gift card selection, but certain drawbacks keep GiftCardBin from being an elite level gift card exchange site.
Probably the best feature of this gift card site is how much you can receive for your unwanted gift cards. Offering as much as 93 percent of the remaining card balance on select cards, GiftCardBin beats any similar service by 8 percent for payout percentage.
GiftCardBin will only take gift cards with balances between $10 and $300. Other gift card exchange sites accept higher maximum amounts, but this site’s $300 is a standard amount. You won’t be able to receive payment in the form of an Amazon.com gift card which some of the better sites offer, but you can receive a check or payment via PayPal.
One of the drawbacks is that you aren’t able to exchange or trade your gift card for one that you would more likely use. GiftCardBin accepts a large variety of merchants so selling your gift card shouldn’t be difficult at all. In the rare event that you can’t find your merchant on the list, you can fill out an online form and submit it to them for a quote. Any purchase you make receives free shipping and is tax free, a feature we really like.
The gift card selection from GiftCardBin is fairly good. You can find gift cards for apparel, department stores, electronics, entertainment, pet stores, restaurants and sporting goods, along with many more. The only categories it lacks are shoes, jewelry, motels/hotels, flowers, books, gaming and sports league gift cards.
GiftCardBin allows you to search its inventory a few different ways. The gift cards are narrowed down by category already, but you can also narrow them down to a specific merchant. However, if you like to search by price or discounts for gift cards, you are out of luck with GiftCardBin. We do like that the homepage displays popular brands and merchants that may catch your eye, though.
If you have any questions about the buying or selling process on GiftCardBin, you have to resort to contacting the company by telephone or filling out an online inquiry form on its website. And unfortunately, GiftCardBin is lacking a frequently asked questions section on the site. A guarantee and terms and conditions are listed and easily accessible, which may answer some of the questions you have.
GiftCardBin pays the highest percentage for gift cards and also offers good discounts on gift cards it has for purchase. You may not be able to find the gift card you are looking for, but there is a fairly good collection of cards for purchase.
GiftCardBin pays up to 93 percent of the remaining card balance.
GiftCardBin is lacking certain search functions and a FAQs section.
GiftCardBin has a decent selection of gift cards to choose from. The ability to receive payment via PayPal makes the selling process much quicker.