Teaching Profession

Cashing Out

By Hollice Fisher — December 22, 2006 1 min read
  • Save to favorites
  • Print

The National Retail Federation estimates that U.S. consumers spent $18 billion on gift cards last holiday season. The association has no way to quantify the eventual fates of all these plastic rectangles, but anecdotal evidence suggests that a large number are given to teachers, who end up using at least some of them as bookmarks.

These gifts from grateful (or at least peer-pressured) students and parents are no doubt a welcome improvement over an umpteenth additional “World’s Best Teacher” mug. Still, educators who find themselves short on cash and flush with more credit than they can use at a chain restaurant, bookstore, or other shop can sell or trade their cards on the Web sites listed below. Each requires free registration.

By the way, you needn’t feel guilty as you hawk these holiday presents; gift cards may be convenient, but they’re also highly impersonal. Selling those coffee mugs—now that’s another story.

www.giftcardbuyback.com
This site will buy cards from a list of more than 100 stores and restaurants for 60 percent to 80 percent of the face value and send a check within 10 days of receiving your cards.

www.plasticjungle.com
For $3.99 each, you can list cards for sale or trade, and decide what you’re willing to accept. Cards from “preferred merchants” such as Target, Best Buy, and Starbucks can be sold immediately for 60 percent to 75 percent of the face value using the “cash now” option.

www.cardavenue.com
Cardavenue gives users the option of auctioning gift cards for cash or trading them for cards of equal value. The site charges about 4 percent of each sale or trade, plus 50 cents for processing.

www.certificateswap.com
Listing cards for sale is free on this Web site, which charges 7.5 percent of the sale price once you find a buyer.

A version of this article appeared in the January 01, 2007 edition of Teacher Magazine as Cashing Out

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Student Well-Being Webinar
Reframing Behavior: Neuroscience-Based Practices for Positive Support
Reframing Behavior helps teachers see the “why” of behavior through a neuroscience lens and provides practices that fit into a school day.
Content provided by Crisis Prevention Institute
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Mathematics Webinar
Math for All: Strategies for Inclusive Instruction and Student Success
Looking for ways to make math matter for all your students? Gain strategies that help them make the connection as well as the grade.
Content provided by NMSI
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Mathematics Webinar
Equity and Access in Mathematics Education: A Deeper Look
Explore the advantages of access in math education, including engagement, improved learning outcomes, and equity.
Content provided by MIND Education

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Teaching Profession From Our Research Center Here's What Teachers Think Their Salaries Should Be
Superintendents and principals also gave the salaries they think they deserve.
2 min read
Teacher at a chalkboard.
iStock/Getty
Teaching Profession Teachers, Tame the 'Sunday Scaries'
Many teachers feel a real dread of the pending workweek. Here's how to cope.
4 min read
Image of a weekly calendar with a sticky with a stressed face icon.
Laura Baker/Education Week via Canva
Teaching Profession Opinion My Life as a Substitute Teacher in Suburbia: Chaos and Cruelty
I was ignorant of the reality until I started teaching, writes a recent college graduate.
Charrley Hudson
4 min read
3d Render Red & White Megaphone on textured background with an mostly empty speech bubble quietly asking for help.
iStock/Getty images
Teaching Profession The State of Teaching This Is the Surprising Career Stage When Teachers Are Unhappiest
Survey data reveal a slump in teachers' job satisfaction a few years into their careers.
7 min read
Female Asian teacher at her desk marking students' work
iStock/Getty