Monday, December 6, 2010

Re-Gifting Your Gift Cards

Full disclosure: You are about to read about a company that I work with outside of my role as blogger, but I wouldn't feature them if I didn't think they had a compelling proposition!

The only thing worse than getting a present you don’t want is getting a gift card you can’t use. 

According to the National Retail Federation, gift cards are the most popular present but research from Consumer Affairs indicates that $5-$10 billion in gift cards go unused each year. The average household has $300 in unused gift cards collecting dust. 

Gift card exchange site Cardpool.com connects millions of gift card holders creating a marketplace where they can buy, sell or trade gift cards safely and securely. With Cardpool, gift card holders can send in their unused and unwanted cards for cash or other gift cards that they want. Cardpool accepts gift cards to more than 200 major retailers, from clothing to airlines to restaurants. As long as the gift cards don't have any fees or expiration dates, users can get up to 90% cash back for their returns.

And for those lazy, last-minute shoppers, Cardpool offers a wide variety of gift cards from top retailers like Banana Republic, Best Buy and Macy's for discounts of up to 30%.All orders and transactions include free shipping.

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