Is Cardpool Legitimate? Or Is This Site Too Risky To Sell Your Gift Cards?
I came across this site on YouTube of all places. Someone happened to be recommending it as a way to make money online.
I remember hearing about it before and then, must have forgotten about it for a while!
But, as it came up, I thought I’d take another look. If you’re a regular reader of my blog here, you will probably know that I used to enter tonnes of competitions and sweepstakes online to win all sorts of stuff… a common prize tends to be gift cards!
While I generally won gift cards that I could use, it did happen to me on occasion that I had no use for the card. One thing I did was sell them on EBay and that seemed good enough for me.
So, what is different to Cardpool? Why would anyone choose that above EBay anyway? I checked it out to see what this was all about.
This opportunity is for residents of the USA. If you’re from the UK, I have seen another company called cardyard.com, (although I haven’t reviewed them yet, I will link to the review when I have!).
Review In Brief:
Company: Cardpool https://www.cardpool.com
Money Making Opportunity: Make money selling gift cards, or making a saving.
Overall Rating: Eiish… well, Cardpool have some very mixed reviews online. While this seems like a reasonable idea in theory, it doesn’t seem to be working out too well for many people in practice. Due to the vast amount of negative feedback that I have seen, I cannot recommend this company, at this time.
Do you want to share your experience with Cardpool? Let me know in the comments.
What Is CardPool And How Do You Get Started?
You’re able to both buy and sell gift cards on Cardpool. But for the purposes of this review, I’m largely focusing on people selling them. Since, making & saving money online, is what this blog is all about.
So, you have a couple of options when it comes to selling your gift card.
1. You can sell immediately and directly to Cardpool itself. This saves time and eliminates the need to deal with anyone else in person.
2. You can list your gift card on Cardpool and wait for someone to buy. You won’t be paid until someone makes a purchase.
When selling your card, you have the option of receiving an amazon gift card, or having a check sent in the post.
You seem to get a little more if you choose an amazon gift card, although the exact amount you’re offered depends on the gift card you’re trying to sell.
The more in demand a gift card is, the higher value it will be.
You can check on the site exactly how much cardpool would offer you and also how much you’d be expected to get if you list it on the site.
$20 Taco Bell? What Do I Get?
Just for fun, I decided to see how much you could get for a Taco Bell gift card. I don’t know, maybe I’m just hungry.
So, I put in that I had a $20 gift card.
For that, Cardpool would offer me an Amazon gift card for $14.84. They suggest that I list it and could expect to make $16.00
Alternatively, if I wanted a check, they’d offer me $14.00 and I’d expect to make $15.00 in the market place.
What Do Other People Say About Cardpool?
What a mixed bag of reviews Cardpool seems to have!
- Re seller Ratings = 1 out of 5 stars.
- Trustpilot = 4 out of 5 Stars. (Over 18,000 reviews)
- Site Jabber = 2 out of 5 Stars
Some common complaints….
– Gift cards take too long to be sent out via email & post.
– Customer service issues, not responding to emails.
– Gift Cards not working.
– You are only able to contact them online, you cannot call them.
– Some people who have claimed to have issues have had problems getting a refund.
There are still thousands of positive reviews as well, but the number of unhappy customers is excessive.
What do you think of Cardpool? Let me know in the comments…
One Problem With Buying Gift Cards…
For me, this highlights one potential issue with buying and selling gift cards. That is, that people can sell on gift cards that are void, or faulty and you wouldn’ t know until someone tries to use them.
I’m guessing this can be difficult to prove as well. What is to stop someone saying that a card was void, when it wasn’t? Just to get a refund?
Plus, it must be difficult to try to redeem money from the original seller for a void gift card.
Because, again, how could they really prove who is telling the truth? If Cardpool demand cash back, they could be called a scammer from the seller.
If Cardpool refused to refund the buyer, they would also look like a scammer. I presume in most cases, Cardpool would simply have to bite the bullet and refund the buyer, even if they were unable to get their money back from the original seller.
I’m not sure about this, but it seems to be that there are various situations that could be tricky to resolve.
There are many complaints against their customer service team – with some buyers feeling they are being ignored and are not issued refunds.
Sometimes gift cards don’t work, because they were never originally activated by mistake. Usually you can resolve this if you have proof of purchase, but that’s not going to be the case for buyers here.
Is Cardpool Legitimate, Or Are They Online Scammers?
Despite what some people say online, I don’t think Cardpool are scammers.
They do seem to have problems with their customer service though and they should have a better way for people to contact them.
They have an automated live chat robot on their site and I had a little chat to him myself.
He was incapable of answering any questions I had. Apparently, other people have had a similar experience!
There are some other companies out there that also buy & sell gift cards. I won’t recommend them at this stage, as I haven’t looked into them yet.
It looks like for the most part, people have had the most issues when buying gift cards. Largely when selling, the criticisms seem to resolve around it take too long to receive payment.
If you’re interested, perhaps test them out with a small value and well-known gift card that will be an easy transaction and see how it goes.
If you’re feeling nervous about it and would rather not….. Then, hey…. There is always EBay!
Beyond Selling Gift Cards Online…. Making MORE in the long term online?
I dabbled with the idea of buying and selling online in a variety of ways. But the thing that put me off the most was directly having to deal with customer service.
At least with Cardpool, you do bypass this, but you then still have to deal with them, which doesn’t seem that satisfactory either for many!
Thankfully, there is a way you can sell online, without ever having to deal with customer service, postage, returns, or inventory.
That way is known as affiliate marketing and it’s how I make the most online right now from my blogs.
If you’re interested in how you could earn like that too, there is some training you can check out for free….
All the best,