The Offer
Raise.com is currently running two promotions which are great for buyers of gift cards and resellers (there may even be an arbitrage opportunity if you look hard enough, but I wouldn’t bother).
For new customers there is a promo (NEWRAISE25) for $5 off your first $25+ purchase. This is better than their usual $5 off $75 purchase.
For sellers they are reducing their commission rate by 5% by using promo code (SELLAF10). This means the commission rate for non bulk sellers is 10% with this promotion versus the usual 15%. That could be helpful in selling some gift cards you may have acquired via EBay or Amex Offers.
Raise.com is actually one of my favorite gift card reselling sites (maybe because they are one of the few site that accepted me as a bulk seller). All cards listed on Raise are by resellers which set their own prices and Raise charges the sellers a commission rate, essentially an Ebay for gift cards and the best part is you don’t need to deal with the unreliable PayPal.
For more information on anything having to do with reselling Gift Cards, definetly check out fellow DoC writer, Chuck’s Reselling Guide.
The Fine Print
$5 off $25 purchase for new customers use promo code: NEWRAISE25 (Ends 6/21/15) Entered at checkout.- 5% discount for selling gift cards use promo code: SELLAF10 (Ends 7/12/15) Entered when listing.
- Normal reseller commision rate is 15% for non-bulk sellers, this promotion reduces it to 10% which is much more competitve and can help in reselling some of those discounted gift cards you may have lying around or purchased recently.
- Example: If you sell your $100 gift card on Raise at a 10% discount ($90) you will receive $81 (81% = 90% x $90) with the promotional 5% discount. Otherwise without the promotion you would have received $76.5 with the normal 15% commision rate for non-bulk sellers.
- Normal reseller commision rate is 15% for non-bulk sellers, this promotion reduces it to 10% which is much more competitve and can help in reselling some of those discounted gift cards you may have lying around or purchased recently.
Tip
- Don’t forget to use TopCashBack portal when buying (2%) or selling gift cards ($1.5 per card listed per time)
- I have had good successful with TopCashBack tracking for listing my cards for resale by only listing 1 at a time and waiting for the confirmation email from TopCashBack before listing the next card, but YMMV. Yes this is painstaking, but profitable process.
- For more info regarding Raise and the TopCashBack portal check out our previous post here.
Receive $5 from Raise.com for signing up after your first purchase for using the referral link below. I will receive $5 as well for you signup, which is greatly appreciated. That means if you partake in the $5 off $25 first purchase and $5 back you will net $10 for a $25 purchase.
Our Verdict
This is a great deal for new customers and gives up to a 20% discount on your first purchase. I have been a customer and bulk seller with Raise for a couple months now and have had only great experiences with them. This is one of the better promotions they have offered and I would partake in both promotion if I didn’t already have a long standing relationship with them. If you have any questions regarding Raise and their program feel free to email me, DM me, or leave a comment below.
Don’t forget to follow Chuck on twitter (he just signed up yesterday).
(HT: TheRewardBoss)
