re: Card churners & MS Explain why on Ebay walmart cards go for more than cost?

Also a lot of people who want to buy stuff online and don't have a method of payment that wm takes, but have paypal will buy these and then shop at wm. PP isn't a bank so much easier to have than a checking account.

Also I know it is hard to believe - but some people are just lazy and instead of going to the store to buy a GC, they'll just buy it online.

Most of the times it actually comes out to be cheaper to buy the GC online at eBay if you can stack a few offers. eBay bucks + shopping portal etc + Coupon codes etc.

I would generally stay away from trying to sell GCs on ebay. A lot of times people will empty them and say you sent them an empty GC. Or they'll just say they never received it, and eBay will claw back your money. Its just a hassle that you don't want to be a part of.

As far as re-sell to MS goes - most people want to deal with volume. w/o re-sell its easy to run up low 6 figs of spend in a year. So gotta weigh up volume against that. Someone who wants that kinda volume would probably not want to deal with the headache of GC scammers on eBay.

That said if anyone wants to buy big amounts of WM GCs at a 5-8% discount, in a face to face txn let me know