As gift cards have risen in popularity over the years (a whopping $87 billion of them were bought last year, according to research firm TowerGroup), you could be forgiven for assuming that they're the perfect, one-size-fits-all holiday gift.
Apparently some of the people you gave those ultra-convenient cards to didn't see it that way.
Plastic Jungle, a clearinghouse where people can buy and sell their unwanted gift cards, says its Web site traffic has gone up by an astronomical 250% since Christmas.
The bump is due to people unloading their gift cards for cash. Plastic Jungle lets people sell their cards at a discount and then sells those cards at a slightly less-steep discount, pocketing the difference.
Gift card trade hits new high - Wallet Pop
This creates a great opportunity for us bargain hunters. Why pay full face value of a gift card? You can buy one of those unwanted gift cards at steep discounts. Here at ListaDeLeon.com, we setup an easy search form for you to find coupons and gift cards by entering the retailer's name only. Try our Gift Card Finder now.
Here are some popular gift cards:
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