What’s a Sephora gift card

Sell Sephora Gift Card For Cash Instantly: A Sephora Gift Card is a prepaid card that can be used to purchase any product in all Sephora stores, both physical and online. Sephora is a company that deals mainly in beauty and skincare products like body cream, perfumes, makeup kits and many others

Say you have a Sephora gift card that you don’t plan to use at the store, you can always trade such gift card for cash on a gift card exchange platform. Several vendors will trade your Sephora gift card, however, you might not be getting the best return on your gift card due to maybe delay in payment or/and low selling rate. To get the best value from your gift card, trade with Cardvest.

Sell Sephora Gift Card For Cash Instantly

Cardvest is an online platform that allows you to sell any unused, prepaid, and non-reloadable gift cards, such as an iTunes card. You may sell your gift card through access to the website or through Cardvest mobile app which is super easy to use. Your transaction is completed swiftly in a maximum of 10 minutes, and your payment is guaranteed.

You can sell your Sephora gift card on CardVest following these simple steps:

• Create an account on CardVest either through the web or mobile platform if you don’t have an account
• Input Sephora under the category and the type of Sephora card you want to trade under ‘Gift Card’ and the amount. Automatically, the rate calculator will display the amount for your trade, so you click ‘Proceed.’
• Specify where you want to receive the funds; on your Cardvest wallet or directly into your bank account
• Enter the details of your Sephora card
• Click on Proceed

About Gift Cards

Gift cards are prepaid debit card that contains a specific amount of money that can be used for varieties of purchases. In a simplified term, a gift card is a debit card with preloaded funds that can be spent later in the future.

Types of gift cards

There are generally two types of gift cards open-loop and closed-loop gift cards. Both can be purchased as either a physical gift card or an e-code (digital) gift card. The difference between these two cards is that open-loop cards can be used almost anywhere while closed-loop can be used only at the issuing merchant.

Closed-loop gift cards are also referred to as store cards because they can only be used(activated, redeemed, supported) at the issuing Marchant or store. Amazon gift cards and Starbucks gift cards are examples of closed-loop gift cards because they can only be redeemed at their respective issuing merchant. Sometimes you will see a gift card that can be redeemed at a family store like Gap gift cards are redeemable at Old navy store, banana republic and other family stores. This does not make it an open-loop card since authorisation still has to go through the parent store, so they are more or less the same store.

Open-loop gift cards can be redeemed almost anywhere because they run on various credit card systems. Visa gift cards, for example, can be redeemed in stores, online or via telephone, wherever Visa is accepted. An open-loop gift card can also be referred to as a Cash card because it is accepted anywhere a debit card is allowed, it is like carrying cash around just happen to be in a digital format.

Gift cards merits

• They can be a good substitute form of payment if you’d rather not pay cash or use a credit card.
• Gift cards can be an appropriate gift for the holidays or any other special occasion.
• Easy to use and understand
• You can use gift cards to control spending (helpful for avoiding bank overdrafts).

Demerits of gift cards

• After purchases are made with a gift card, there may be a small amount of money left, which if not used, whether due to forgetfulness or inertia, ends up as money wasted.
• You may pay purchase or reload fees to add money.
• Closed-loop cards limit purchasing power.
• Losing a gift card or having it stolen can be a headache, especially if you have failed to register it or keep the gift card number.
• You could be charged an inactivity fee if you fail to use your card.

According to a survey from the CNBC website, here are the 10 best gift cards in no particular order:

1. Best Buy

2. Sephora

3. Fandango

4. Starbucks

5. Target

6. Amazon 

7. iTunes

8. Chipotle

9. Walmart

10. Victoria’s Secret