Price of Amazon gift cards on eBay?

bunnydojo · 11-13-10, 02:16 PM

I was hoping to purchase a couple of Amazon gift cards on eBay and was amazed by the prices. I was expecting maybe 2-5% off the total price, but they're going for 30+% above value.

For example:
Amazon.com Gift Card $238.23 Value
6 Bids - $321.00

$50 AMAZON GIFT CARD
5 Bids - $66.00

AMAZON e-Gift Card $273
20 Bids - $367.00

Does anyone know what's going on over there that people are bidding significantly more than marked value on these? A quick look at other stores' gift cards show them going at the usual ~10% off face value.

glassdragon · 11-13-10, 03:00 PM

I'm going to go with "People are stupid"

adrenaline78 · 11-13-10, 03:27 PM

90% of "gift cards" for sale on ebay are being bought with stolen credit cards.

I wouldn't touch these as you are asking for trouble with receiving stolen merch.

But paying more for these stolen cards than the value.. WTF??

RonG617 · 11-13-10, 06:16 PM

I have purchased Amazon gift cards on Ebay for years without a problem. If one is up for $100 I will put my top bid at 99.01 that way the next increment is above the face value. They always get bid up above face value by idiots who never pay and I always get the second chance offer within a few days. 99% of the time the winner bidder for these above face value auctions is someone very new to Ebay.

fujishig · 11-15-10, 03:37 PM

Quote:

Originally Posted by RonG617

I have purchased Amazon gift cards on Ebay for years without a problem. If one is up for $100 I will put my top bid at 99.01 that way the next increment is above the face value. They always get bid up above face value by idiots who never pay and I always get the second chance offer within a few days. 99% of the time the winner bidder for these above face value auctions is someone very new to Ebay.

I don't get it... so you save a buck? Or am I missing something here?

DirkUSA · 11-15-10, 03:56 PM

Quote:

Originally Posted by fujishig

I don't get it... so you save a buck? Or am I missing something here?

It's not even a buck, 99 cents! I hope they come with free shipping!

11-13-10, 02:16 PM	#1
bunnydojo Senior Member Join Date: Jul 2002 Location: United States Posts: 708	Price of Amazon gift cards on eBay? I was hoping to purchase a couple of Amazon gift cards on eBay and was amazed by the prices. I was expecting maybe 2-5% off the total price, but they're going for 30+% above value. For example: Amazon.com Gift Card $238.23 Value 6 Bids - $321.00 $50 AMAZON GIFT CARD 5 Bids - $66.00 AMAZON e-Gift Card $273 20 Bids - $367.00 Does anyone know what's going on over there that people are bidding significantly more than marked value on these? A quick look at other stores' gift cards show them going at the usual ~10% off face value.

11-13-10, 03:00 PM	#2
glassdragon DVD Talk Hall of Fame Join Date: Jan 2000 Location: Somewhere out there... YES THERE!!! Posts: 7,935	Re: Price of Amazon gift cards on eBay? I'm going to go with "People are stupid" __________________ Your knowledge of scientific biological transmogrification is only outmatched by your zest for kung-fu treachery! Psn - glsdragon

11-13-10, 03:27 PM	#3
adrenaline78 DVD Talk Gold Edition Join Date: Nov 2009 Location: Janesville, WI Posts: 2,746	Re: Price of Amazon gift cards on eBay? 90% of "gift cards" for sale on ebay are being bought with stolen credit cards. I wouldn't touch these as you are asking for trouble with receiving stolen merch. But paying more for these stolen cards than the value.. WTF?? __________________ PS3 Network ID- al_adrenaline My DVD collection

11-13-10, 06:16 PM	#4
RonG617 Senior Member Join Date: Jul 2002 Posts: 574	Re: Price of Amazon gift cards on eBay? I have purchased Amazon gift cards on Ebay for years without a problem. If one is up for $100 I will put my top bid at 99.01 that way the next increment is above the face value. They always get bid up above face value by idiots who never pay and I always get the second chance offer within a few days. 99% of the time the winner bidder for these above face value auctions is someone very new to Ebay.