Raise Review – A Digital Gift Card Marketplace Modest Money3 Comments

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The holidays have come and gone, and this can only mean one thing: you have new gift cards in your life. Gift Cards are a mixed bag. And it makes sense. We don’t know what people want or need, so we buy gift cards for them instead. It’s when we pick the wrong gift card that there’s a problem. So here we are, with $250 in gift cards from stores we never go to. What is to be done? Raise.com is here to step into the breach.

Raise.com is a great idea: a marketplace where “used” gift cards can be bought and sold. Raise sells new gift cards right alongside the used stuff, but its the used thing that makes their model unique. If you have a gift card you don’t want, even if you’ve used part of it, you can put it on the Raise.com marketplace and sell it for cash. Raise gets a 15% cut of your sale, and that’s it. No seller fees, no nonsense. For those buying gift cards on Raise, the situation is even simpler. Buyers can select between traditional “physical” gift cards and virtual gift cards, which can be printed or scanned…

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This entry was posted in Financial Advice, Financial Product Reviews, and tagged Modest Money3 Comments
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