$10 Starbucks gift card currently selling for $10.02 + $1.00 shipping.
$25 Wallmart gift card currently selling for $25.33 + $1.00 shipping.
$25 Best Buy gift card sold for $26.26 with free shipping.
This doesn't always happen. And it baffles me when it does. The only explanation I can come up with: the buyer wants to buy a physical gift card without actually leaving their home.
If all gift cards were virtually guaranteed to sell at the given price, I'd say there would be a market here. It would be interesting to see if there is a pattern to why some gift cards sell at above cost. So far the patterns I've noticed:
- Small denominations (i.e. $10, $15, $25)
- Very large, popular, and widespread chains