CardCash Unveils 'Cash Out' Post-Holiday Awareness Week

Online Marketplace Ensures No Holiday Gift Card Goes to Waste in 2013

Jan 03, 2013, 11:00 ET from

EAST WINDSOR, N.J., Jan. 3, 2013 /PRNewswire/ --, the leading secondary online marketplace offering the largest selection of discounted gift cards, today announced its 'Cash Out' Post-Holiday Awareness Week, enabling the millions of Americans looking for something to do with their unwanted gift cards they received from their mom, co-worker and crazy uncle, to turn it into cash through its site. buys back these unwanted gift cards for as much as 92% of the value of the card, delivering cash directly to the user's checking account, PayPal account, or additional convenient options. More than 23 million consumers still have unused gift cards from 2012 lying around gathering dust. This year, 85% of Americans said they were expecting to give out gift cards this past holiday season as a present. Through, none of these cards will go to waste.

"We all know just how easy it is to receive a gift card to a store or service you have no use for, say 'thank you', and then completely forget about it," said Elliot Bohm, CEO. "We aren't going to let that happen again this year though, which is why CardCash is hosting a special 'Cash Out' Awareness Week. Consumers need to think of every gift card – be it for their favorite or least favorite store – as cash. Rather than just not use it and have it buried on your desk at home, turn the card into quick cash so you can buy something you really want!"

From now through Thursday, Jan. 10, in the spirit of 'Cash Out' Awareness Week, is paying higher prices for gift cards, encouraging savvy shoppers to go to its website and exchange every last unwanted holiday gift card for cash, rather than be a contributor to the more than $60 billion of unused gift cards statistic in the U.S. Consumers can also look to trade their unwanted cards for cards to their favorite stores through the website, or simply use their new 'found' money to purchase discounted cards up to 35% off the value through

Unlike other sites, all transactions at are done directly through its customer service department. There are no middlemen or unknown third parties. "We buy all the cards we sell, verify them extensively, and then sell or trade them to our customers at a discounted price," said Bohm. currently offers the largest available online inventory, with 10,000 gift cards in stock, representing nearly 400 merchants. The website also allows consumers to sell or trade their fully charged or partially used cards to receive cash or another card they would prefer.

For more information, visit or call 1-800-CASH-214.


Ranked #68 on the Inc. 500's list of fastest growing private companies in America, is the leading online discounted gift card exchange, enabling customers to buy, sell or trade gift cards and save up to 35 percent on gift card purchases. According to a recent study, there are close to 60 billion dollars of unwanted and unused gift cards collecting dust in the United States. has been helping millions of Americans since its inception in 2006. And now, just a few years later, the Web site has reached a new level, transferring millions of dollars per year in gift cards to people who have no use for them to people who are anxious to save money on all of their shopping expenses. Headquartered in East Windsor, NJ, presently offers the largest selection of discounted gift cards online and has the highest standards of security implemented to identify fraudulent sellers and inaccurate cards.