Raise serves as a gift card marketplace where a gift card’s discount and shipment are at the discretion of each individual seller. The well-organized interface makes finding gift cards easy. After registering with Raise or logging in through Facebook, you control how much to charge for your gift card.
Unlike most other gift card exchange services, Raise allows sellers to set their own price for gift cards as long as it’s above $10. However, if you’re selling a physical card, Raise charges a 15 percent seller’s fee at the time of purchase, which is the highest of any service we reviewed. On top of that, there is a $1 service fee for people selling physical cards. If you sell your card electronically or sell in bulk, however, there is no service fee and you only pay a fraction of the 15 percent seller’s fee.
With sellers setting the price of gift cards, Raise does not offer to pay a specific percentage of a card balance nor does it offer a maximum discount. Instead, you specify the amount, and it will place it on the marketplace and notify you when the card sells. After the gift cards are approved and on the site, you can adjust the pricing to fit the marketplace’s fluctuation and maximize your profit. This approach gives you a considerable amount of flexibility in selling your gift cards, and it can help you profit, especially around the holidays and various other times when certain cards are in exceptionally high demand.
You can buy or sell standard plastic gift cards as well as the merchandise credit from any brand or restaurant. You also can buy or sell electronic gift cards. One of the best options is to sell a gift card electronically; otherwise, you will be charged higher fees and shipping. After your card is sold, you can receive your funds by check, direct deposit to your bank or via PayPal.
Raise offers several features that make buying or selling gift cards a smooth and straightforward process. This service offers a helpful email notification feature that alerts you when specific gift cards you are seeking, but which are not available at the moment, get restocked into Raise's inventory. The service accepts all gift cards as long as they are valued above $10, including gift cards with expiration dates. You get free shipping when you buy; however, if you sell a gift card, you are charged either $1 or 1 percent of the card’s total value, whichever is higher.
As a bulk buyer, you can enter the Corporate Perks Program and receive discounts, or as a bulk seller, you can maximize your earning potential with Raise’s benefits. The gift card exchange service has a rewards program. You earn points by inviting friends to the marketplace. For every 100 points, you earn a dollar that can be used toward future gift card purchases.
The exchange service offers several different search options to help you find the exact gift card you need. You can use the general search engine, or you can search by retailer, category, price or discount. The well-organized interface makes finding a card a quick and easy process.
Raise’s customer service and support provides several different methods to contact them. If you cannot find an answer to your question using the FAQs page, you can call, email or fill out an online contact form. In addition, the site offers a guarantee and return policy on gift cards to ensure you get what you pay for.
Raise’s gift card exchange gives you more control over the selling process than many other sites. While you can set your own prices and adjust them accordingly to maximize your profit, Raise takes 15 percent of your gift card’s earnings, and possibly more, if you use a standard plastic gift card. The large inventory and search tools make it one of the best gift card exchange services available.