Posted by Chuck on November 19, 2015
Gift Card Deals

Published on November 19th, 2015 | by Chuck

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Cardpool Now Sells Gift Cards on eBay as ‘Giftcardoutlet’

There’s a new gift card reseller on eBay which has come to our attention called Giftcardoutlet. Previously, there were just four resellers: Giftcardmall, Paypal Digital Gifts, SVM Gift Cards, and Cardency. Giftcardoutlet is a fifth player in the game.

We mentioned some gift cards on sale from Giftcardoutlet a few days ago and we hypothesized then that the seller is actually Cardpool as both are located in Emeryville, California. This was confirmed in the comments by a reader that the charge comes up as ‘PayPal*Carpool’.

Brett from Cardpool chimed in over there that the gift cards sold by Cardpool on eBay are not second-hand cards, rather they are over-runs from another program.

This point is important because that means the resale game is on for these cards purchased on eBay. While I wouldn’t recommend reselling second-hand cards, these first-hand cards would seem no different than cards purchased from Giftcardmall or any of the other sellers. However, Brett let us know that you can not sell these back to Cardpool; apparently their system is coded to reject cards that had been previously run through it. We still may be able to sell it to other exchanges.

More importantly, of course, is that we now have another gift card reseller on eBay to buy gift cards from. Even better, they are selling discounted gift cards on a steady basis. Most of the gift card sellers on eBay have sporadic sales while Giftcardoutlet has all of their cards discounted. They had the popular Home Depot gift cards at a 5% discount, although those are all sold out now, and they’ve been selling Sports Authority, AMC, Bass Pro Shops, and Aeropostale.

As we noted in the previous post, the advantage of purchasing from Cardpool on eBay is that we can get an extra few percent back from the portal and the eBay Bucks. Also, we can pay with eBay gift cards purchased at a discount or with a Visa or Amex gift card via the Paypal checkout system.

More Details from Cardpool

We reached out to Brett from Cardpool to see if we can clarify a few more details about Giftcardoutlet. He wasn’t able to say a lot due to the fact that the corporate parent of Cardpool is Blackhawk and they control which details are to be released, but we did find out a few more things.

  • Giftcardoutlet began selling in Q1 2015 (wow, we missed this one for a good few months!) and thus far they’ve been selling the cards mentioned above.
  • The cards being offered will change, but no information can be released now as to which cards will be sold in the future.
  • In 2015, all cards sold on eBay will be new cards, not second-hand cards. Again, no information can be released as to what will be in the future.

Let’s hope that they’ll add many more valuable brands to their lineup sold on eBay!



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Sergey
Sergey

I’m a bulk seller on Cardpool and sold $100K+ over last 3 years. Yesterday, they sent me email saying that one of the Dell cards I sold to them 2 months ago now “lost it value”, and according to their policy they will deduct selling amount in future sell. I’m shocked. Do they have rights to do so? How come it is my responsibility what happened to the card after 2 months I sold it to them (it was a physical Dell card, that I mailed them)? How can I be sure that someone from them didn’t use it? If I’m not mistaken, after sell ownership of the card transfers to them. What should I do?

Gary
Gary

Give them a call. If they say they will continue to do this, then take your business elsewhere.

Octavio
Octavio

Nice to have a new kid on the block! Unfortunately, they might not be as useful for reselling purposes unless you can resell the codes electronically b/c they are only offering “paper” gift cards, which most (if not all) resellers won’t take. I know some merchants will let you buy a gift card with a gift card, so one might be able to convert the paper one to a plastic version, which depending on the “profit” might be worth it.

Lantean
Lantean

is ebay working well for you guys? i have a problem adding gift cards plus (first they work then they don’t) the option for “paypal credit” payment is gone… did this happen to anyone else?

Octavio
Octavio

It happens to me all the time and it’s hit or miss. My fix is just to keep trying until it goes through.

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[…] off Starbucks second-hand gift cards on eBay (sold by Cardpool), among other gift card deals which we’ve mentioned in the […]

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[…] Paypal Digital Gifts, SVM, Cardency, and Nationalgiftcard. Authorized second-hand sellers include Giftcardoutlet/Cardpool and Cardcash. You can also buy second-hand cards from individual sellers, but it’s less […]

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