Quote:
Originally Posted by KGB
I have been buying gift cards from people in the last 5 years. Min8mum 20% of the face value. Lots of them around. Just be patient. Great way to save money. Just have to be careful about getting defrauded, I always meet at the store to validate the card.
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I actually just thought about this potential scam, as I have purchased a gift card off someone and did the same thing, met at the store to verify.
Say the seller copied the info from the card, hands it to you, you verify the funds and then shove it in your wallet for a week or 2. Right after getting your cash, the seller goes into their vehicle and uses the gift card for an online purchase.
Not sure if it's ever happened, but the thought crossed my mind and because of this possibility, I won't buy second hand gift cards anymore. Unless of course I've got a transaction tee'd up.