How to resell gift cardsEven though gift cards often make perfect presents, it's easy for them to accumulate and go unused. In this Tech Minute, CNET's Kara Tsuboi reports on ways to resell unused gift cards and even buy more at a discount.
[MUSIC] Card pool is a large online market place for gift cards. Members can sell their unused cards for up to 92 percent of it's value. That amount is determined by retailers popularity, and some gift cards are obviously more demand than others. And if you're looking to purchase a card through the site, it offers up to 35 percent savings. Raises a website and free iPhone app that let's people set their own prices for selling back their gift cards, whether they're totally unused or even partially used. The mobile feature is a great benefit since you can browse for electronic gift cards while you're shopping in a store. Buy one for less than it's current value and you just saved big time, as the cards can be electronically downloaded onto your phone. A nice feature of the website Card Hub is the ability to sell and buy gift cards from other Facebook friends or people who live nearby. Checking that box is a great way to rid yourself of a local gift card to a nearby restaurant or boutique. This site also gives people more delivery options for the card, either through the mail, email, or in person. In San Francisco, I'm [UNKNOWN] Cnet.com for CBS news.