We’ve written before about how you can get an additional 4% cashback when reselling gift cards to Cardpool by going through the Topcashback portal. The BeFrugal portal is now offering the same rate and other portals are offering various lower amounts.
Many readers have noted that their Cardpool transactions aren’t tracking at all. The problem is compounded by an anomalous rule that the portals don’t accept claims for missing cashback from Cardpool.
Cardpool does have a limit of $1000 in transactions which are eligible for cashback, combined between your buy and sell transactions.
It’s important to note: The terms of many portals indicate that the $1000 limit is based off the total transactions in your Cardpool account, not the amount of transactions which you actually earned cashback. [The terms in the Topcashback portal do not sound this way, a point which is largely irrelevant since they don’t accept missing cashback claims.]
There are reports of the portal not tracking even within the initial $1000 of transactions on the Cardpool account, indicating that there are tracking issues here. In the past, I’ve had mixed success with the cashback tracking (I even got slightly cashback on slightly more than $1000 in transactions), but this is a while back; more recently, it seems to have taken a turn for the worse.
Bottom Line: Transactions used to track properly; however, more recently it seems the tracking rarely works. Don’t sell to Cardpool based on the portal payout, even if you are within your first $1000 and are entirely eligible for the cashback.
Cardpool remains a good option for selling gift cards, but the added portal benefit is no longer a serious part of the equation.
Other Miscellaneous Points
- ShopAtHome offers 2% on Cardpool sales and they don’t seem to mention the rule of not being able to submit a missing cashback claim. (Some other smaller portals as well.) If you are indeed within your first $1000 of transactions, consider going through the ShopAtHome portal in the hopes that you’ll be able to get the cashback after making the claim.
- The BeFrugal portal notes: “cash back for gift card sales will appear as $0.00 initially until transaction verified by Cardpool”. If you see “$0.00”, don’t give up hope so fast.
- Cashback is paid out based on the face value of the gift card.
- Topcashback says that 99.88% are satisfied with their Cardpool transactions done through the portal, a dubious claim which has me wondering about these stats across the entire Topcashback site.
