Based on 3 reviews
CardCycle is a peer-to-peer online marketplace for buying and selling gift cards, operating as a lower-cost alternative to competitors like CardCash and Raise. Sellers list unused cards at their own price and receive payouts through Stripe, while buyers purchase verified cards at discounts of up to 15% below face value. The platform charges a 5% fee to sellers and a 5% fee to buyers on each completed trade, with no subscription or monthly fees.
The platform supports live listings for major brands including Amazon, Target, and Starbucks, allowing users to browse and trade these specific gift cards directly on the site. Sellers can set their own prices for these cards, giving them control over the sale value rather than accepting a fixed buyout amount. Buyers benefit from verified cards that are discounted by as much as 15% compared to their face value.
CardCycle operates on a flat fee structure where both sellers and buyers pay a 5% fee on every completed trade, avoiding any hidden subscription or monthly charges. This pricing model is explicitly positioned as a lower-cost option when compared to the fee structures of other sites in the industry. The 5% fee applies uniformly regardless of the card brand or transaction size.
To get started, sellers can list their unused gift cards at a price they set, while buyers can sign up for the waitlist to access new features or early access to the platform. The process involves creating an account, listing or purchasing cards, and completing trades through the integrated Stripe payment system for payouts. No additional setup costs or monthly fees are required to begin trading.
The official website of CardCycle is cardcycle.net.
On Trustburn, CardCycle has a rating of 4.7 out of 5 based on 3 reviews.
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The service structure appears sound with verified listings and secure Stripe payouts. The fifty percent seller fee without a monthly subscription is a clear advantage. This setup seems designed to keep costs low for both parties involved in a trade.
Love how fast the eGift cards arrive. Listing mine was super simple too.
CardCycle presents a compelling value proposition for both buyers and sellers in the gift card market. The flat five percent fee structure stands out against competitors who may charge significantly more, ensuring that sellers retain a larger portion of their transaction value. The absence of monthly subscription fees reduces overhead for occasional sellers, while the instant eGift delivery options provide immediate utility for buyers seeking convenience. This model appears designed to maximize efficiency and transparency within the platform.
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CardCycle operates as a peer-to-peer online marketplace for buying and selling gift cards. Sellers can list their unused gift cards at a price they set and receive payouts through Stripe, while buyers can purchase verified cards at discounts of up to 15% below face value. The platform charges a 5% fee to sellers and a 5% fee to buyers on each completed trade, with no subscription or monthly fees. CardCycle compares its fee structure to competitors such as CardCash and Raise, positioning itself as a lower-cost alternative. The site includes live listings for brands like Amazon, Target, and Starbucks, and offers a waitlist signup for new users.