Remember how I get an effective reward rate of over 3% from my credit card? Well I take those gift cards and turn them into cash, giving me more cash than the 2% cards that top the cash back charts.
Here’s how I do it.
I use a great little service called Plastic Jungle. It’s a website that buys your unwanted gift cards and resells them to people who do want them. It’s arbitrage at it’s finest. It’s not like eBay where you are responsible for the transaction. Plastic Jungle gives you money and you’re done. No waiting, no annoying buyers, no hassle.