Giftah offers an alternative for those who know they will not be using their gift card, our service allows you to turn almost any unwanted gift card into cash. Whether it is a B&N gift card redeemable at Barnes and Noble or a gift card for another major North American retailer we will give you cash back for your card. All you need to do check out our website, fill out a short form and submit your gift card. Within 24 hours of your Barnes and Noble gift card’s balance being verified you will receive payment by Paypal. Its fast, easy and frees up cash to spend on what you really want. Don’t keep your gift card waiting, sell your Barnes and Noble gift card and get cash for what you really want.

Giftah.com also has a wide selection of discount gift cards from major North American retailers. Whether you want to sell your gift card or buy a discount gift card for a great price check out Giftah’s gift card marketplace. All discount gift cards purchases on Giftah.com are protected by Paypal and the industries highest level of encryption, the cards ship the same day so there is no worrying and no waiting. Giftah.com is the fast and fun way to get more for your gift cards.

We are accepting gift cards from all major retailers, and users can list any stores gift card in our online auctions. The marketplace is easy to use and only takes minutes to sign up. Its time to unlock the cash trapped inside you gift cards. Many gift cards get lost, expire or go years without being used. Don’t become a statistic get ride of your unwanted gift cards today!

Sites like Giftah offer consumers a chance to get cash for unwanted gift cards. Just list your gift card on the site and you will instantly have thousands of users bidding up the price they will pay for your gift card. It’s an excellent way to squeeze some extra money out of otherwise useless gift cards. Giftah is hands down the best site for unloading your card. Its dedicated user base will bid up the value of your gift card so you end up with the most cash for your gift card. Also Giftah guarantees the value of every gift card for sale on the site, so users can bid on your card confident the balance will be correct when they receive it.

A higher bid on your gift card means you get more money! Giftah’s gift card exchange is easy to use and it takes less then two minutes to list your gift cards for sale on the site. If you have not yet converted your useless gift cards to cash get on the site and sell your gift cards today.

In a 2006 report consumer electronics retailer Best Buy revealed they had profits of $43 million from gift cards that went unused. The value of the entire unused gift card market in the United States is over $8 billion a year. Over 27% of consumers surveyed that year had cards they had held onto for over a year, they cited not having time to shop or not being able to find what they wanted as the reason for not using the gift cards.

The real reason can be found by scientifically examining human’s behavior, a study was conducted where two test groups received gift cards, one group’s gift cards had an expiry date of three weeks and the other groups gift certificates expired in three months. The group with the gift cards expiring in three weeks was five times more likely to use their cards. The expiry date on the card gave the group a sense of urgency, while the other group felt they had all the time in the world, they kept putting off using the card until it was expired. This is the reason many gift certificates do not carry expiry dates, people are less likely to ever use them.

So what can you do as a consumer? How can you fight your own behavior? Being aware of the condition is the first step to freeing yourself from it. Now that you know what happens to gift cards without expiry dates you can make more of an effort to use them quickly. If you get a card for a store you are not going to be shopping at soon it is much better to sell the gift card online then risking its loss or expiry. The best site for selling gift cards online is Giftah. Giftah offers an online marketplace that connects buyers and sellers of gift cards. If you want to sell your gift card online head over to Giftah and get cash for your unwanted gift cards.

Ikea Canada is having a promotion right now for customers looking to buy some new bedding. The Ikea Bedroom Event gives consumers 20% of their spending back on a Ikea gift card when they buy any Sultan mattresses or box-springs.  The promotion runs from May 11 – 31, 2009 which leaves a couple weeks to get in on this promo.

Many companies have been offering promotions involving gift cards this spring, Canadian Tire and Shoppers Drug Mart have similar gift card promotions happening now. However, Ikea gift cards are much more valuable then many of the other promotions. If you end up with a Ikea gift card you don’t plan on using sell the gift card on Giftah. Ikea gift cards are very popular and always command a high selling price.

- Prohibit the expiration of prepaid bank and gift cards within a 2 year period of their sale.

- Prohibit the charging of any dormancy fee within a 2 year period following the date of the sale by the original purchaser of the card. A 2 year period prohibiting any dormancy charges will also follow the most recent transaction on the card.

- Any dormancy fee will, where applicable will be limited to no more then $2 per month. The retailer will also need to provide appropriate disclosure of the cards expiration date and dormancy fees.

These proposed rules governing the sale of prepaid gift cards are an important step to protect consumer’s rights. Billions of dollars of gift cards expire or are lost every single year. Gift cards are very small and easy to lose, if you have a gift card you are not planning on using soon it is better to sell the gift card or trade it for a gift card you will use. The longer you hang onto gift cards the more likely it is you will lose it or the gift card will expire.

When major retailers go out of business the gift cards are worth nothing, they become a useless piece of plastic. When the Sharper Image filed for chapter 11 bankruptcy they no longer accepted gift cards. Finally after a battle the Sharper Image offered consumers the chance to use their gift cards as a 50% off coupon. Several months later all the retail locations were closed and the cards were worth nothing.

Linens ‘N’ Things went bankrupt in later 2008 forcing many of its consumers scrambling to use their gift cards before the inventory was gone. When Linens ‘N’ Things finally closed its doors over $100 million in gift cards was lost forever.

There are a few things consumers can do to protect themselves. Do not buy gift cards for stores you know are having financial trouble, use your gift cards as quickly as possible and sell gift cards you do not plan on using anytime soon. There is no reason to hang onto gift cards for more then a couple weeks. If you really need a gift card use it, if you do not need it sell your gift card for cash. Giftah will get you cash for your gift cards, just sign up for the site and you will be connected to thousands of people who want to trade you cash for your gift cards. Don’t risk losing your gift cards value to bankruptcy sell it, use it or lose it!