A number of penny auction sites have sprung up offering people the opportunity to bid and win gift cards for pennies. If you are an active penny auction bidder and have won gift cards you don’t have a use for, we have a solution – Sell them to GiftCardRescue.com for cash.

GiftCardRescue.com is a leading site for selling unwanted gift cards for cash. We will buy your gift cards and we pay up to 90% cash back. We also allow Gift Card Exchange for an Amazon.com credit. Here are 4 reasons why GiftCardRescue.com is the best place online to get cash for your gift card:

Fast Payment
Unlike other sites that take weeks to mail you your check, here at GiftCardRescue.com, all transactions are processed and checks are mailed within 48 hours of receipt. Watch this short video to see how our “Sell Gift Cards” process works.

Multiple Payment Options
If you qualify as a bulk gift cards seller, we offer other faster forms of payment, including wire transfer, cashier’s check to make sure you get your money in no time. Check out our Bulk Gift Cards page for details.

We are Accessible
Have you tried to call or email the other gift card exchange sites and never heard back? Try us and experience the difference. You can email us at customerservice@giftcardrescue.com or call us at 1-877-904-3822 (M-F 9AM to 5PM EST) and we will be happy to help.

Industry Reputation
Don’t take our word for it. See what our customers have to say about GiftCardRescue via our Testimonials page. Also see why the Wall Street Journal, CNBC, Forbes, and the NY Times have all recommended GiftCardRescue.com.

We are confident that once you try GiftCardRescue, you will come back to us for all your gift card needs.

The Pass Card from American Express is a new prepaid open loop card that is designed for teens and young adults. The pass card is designed for young adults because the pass card acts exactly like a debit or credit card. However, you can only spend up to the balance remaining on the card. This way you will never be forced to pay overdraft fees.

When the balance on the card has been expended, the pass card is reloadable. As a parent you can put more funds on the card by logging into your account online or by calling American Express at 1-877-405-7277. This makes it the perfect card to teach your son or daughter financial responsibility. American Express even offers Financial Certification through their online Money 101 course.

How the Card Works

The American Express Pass Card works just like a debit or credit card. The owner can visit any ATM to withdrawal money ($1.50 fee) or spend the funds anywhere that American Express is accepted. It’s safer than cash because if the Pass Card is ever lost or stolen the funds can be recovered and you are not responsible for fraudulent purchases.

The balance of the pass card can be checked online or by phone at any time which is a nice convenient feature. Your teen has their own online login and account information where they can manage their funds. This is a great safe way to teach financial responsibility at a young age.

Specific Costs & Additional Details

The American Express Pass Card is subject to a $3.95 monthly fee (waived until October 1^st, 2010) that is charged to the Pass Card funding source. There is also a $1.50 charge for every ATM usage.

• The Pass Card can be customized in one of four different colors and users can even add their own image.
• The Pass Card can be used to shop online or even internationally.
• Funds can be added instantly online or by phone.
• Each Pass Card comes with free roadside assistance and accident protection.

Now the question remains would you be interested in giving your teen or young adult an American Express Pass Card? What do you think its benefits are? Let me know what you think.

Click here for more information on the American Express Pass Card.

Continue here if you are looking to buy discount American Express Gift Cards.

These options are great if you’re planning on taking a vacation or need to buy a big ticket item like say a new grill. But if you would rather just have the cash, your options are limited. But there is a bit of good news: Credit card companies have released new promotions that allow consumers to trade in their reward points for gift cards. Redeem your points for gift cards and sell the gift cards for cash at  Gift Card Rescue.

Gift Cards come in different denominations ranging from $25 all the way up to $500.  So, even if you only have a limited amount of rewards points or airline miles, you can still get the satisfaction of turning a gift card into cash.

How it Works

First, you want to redeem your points for the gift cards that we currently pay the highest percentage for. I recommend that you pick popular gift cards like; Macy’s, Home Depot, Lowe’s, Best Buy or Whole Foods. This way, you will get the most cash for your gift cards.

Once you receive your gift cards, go to our website and Sell Gift Cards for Cash and before you know it, your check will be in your mailbox in no time. If you have tons of points or airline miles, you could buy gift cards in bulk and get even better offer through our bulk gift cards department.

To enter, all you need to do is fan Gift Card Rescue on Facebook and attach an image of your pet to our wall. On Monday, we will select the top five photo’s and post them on our Facebook page. Our fans will then vote  for the top 2 photos through a poll that will be posted on the site. The top 2 winners of the poll will each get a $25 Target Gift Card

Rules for Entry

1. One entry per person
2. A photo can contain more than one pet
3. All submissions must be entered by 3:00 EST April 26, 2010
4. All votes for the winner must be entered by 12:00 April 27, 2010
5. Pictures can also be submitted through twitter or email benhebert@giftcardrescue.com

With all the positive feedback we got on our facebook and twitter pages about how close people were to winning and how much they’re looking forward to the next one, we’ve decided to launch another contest to be announced soon. Thanks to everyone who entered this last contest as we will be hosting more all Spring and Summer long. Please note that even if you participated in this contest, you will have to enter the new contest again.  Here is the video from our drawing.

So, whether you are a Pawn Shop that buys gift cards and would like to find an easy and faster way to sell them, or your company has excess gift cards you would like to get rid of, contact our Bulk Department at 877-904-3822 or email us at bulksales@giftcardrescue.com (we will respond to all emails within one business day).

Check out our website, and see why The Wall Street Journal, CNBC, Forbes, and other leading publications have all recommended GiftCardRescue.com.

How it Works

For some frequent flyer programs like Delta Skymiles, you can use miles to purchase gift cards to some retailers like Macy’s, Best Buy, Home Depot, and Red Lobster.

We recommend redeeming your miles for gift cards to retailers that we pay the highest value for, like grocery stores, Walmart, Macy’s, Target, and Best Buy (that way, you can get the most cash for your miles). It should be noted that Gift Card Rescue does not buy all gift cards, but only the ones listed on our merchant list.

After you receive your gift card

Sign up for an account here and select to sell us a card. You will receive a quote based on the value of the cards. You then ship the cards to us. Once we receive the cards, we will mail you a check within 48 hours. Concerned about the process or have additional questions? Send us an e-mail at customerservice@giftcardrescue.com or click here for more on how it works.

Gift Card Balance Now is a free service offered by Gift Card Rescue that allows you to check the balance of your gift cards anytime from anywhere on the web. It’s 100% free and secure so you don’t have to worry about anyone trying to scam you of your gift card credit. The only thing you need to have ready is your gift card number and the process is really simple from there out!

We can help you check your Gift Card Balance for free but if you have any issues with the amount of credit on the card, you’ll have to contact the Merchant Directly. Check out this new free service from your premiere choice in discount gift card sales, trades, and exchanges, Gift Card Rescue!

Also stay tuned this weekend for some Halloween Sales!

And our second twitter promotion winner is….Congratulations to @joannaonthelake our second winner of a $50 Visa Gift Card! Joanna was randomly selected from the hundreds of people who mentioned @giftcardrescue in their tweets. Joanna please Direct Message us on twitter and we will let you know how to receive your prize.

Not @joannaonthelake ? Don’t worry there are plenty more chances to win from Gift Card Rescue. We do a monthly drawing for another $50 Visa Gift Card for all new subscribers to our newsletter. You can sign up with your e-mail here.

You can also win big by taking advantage of 15% off all Kohl’s Gift Cards from 5PM until 7PM Eastern Time. Use discount gift cards to stretch your dollars further when shopping for Holiday Gifts. Or, send the Kohl’s Gift Card to a friend so they can update their wardrobe themselves! Remember this Timely Twitter Special is only good today from 5pm-7pm so take advantage of it while you can!

Thanks to all who participated we will be giving away another Gift Card soon! If you can’t wait for our monthly newsletter or for our following to grow we’re also running a Fall Photo Contest! Take a picture of a gift card in a random place that you might find it for a chance to win a $100 Visa Gift Card.

Gift Card Rescue, would like to announce our newest promotion the Timely Twitter Special or #TTS. This promotion has been designed to increase our influence in the social media world. The timely twitter special (#TTS) will take place for only a few hours on a random day and there will be incredible discounts on gift cards.

Who wouldn’t want to take benefit on lower prices on an already discounted gift card? The only catch is that you have to actively follow us on Twitter @giftcardrescue. We will be announcing these Timely Twitter Specials at random times on random days. For example you might wake up at 9:00 on Monday preparing for your work week when all of a sudden you see that Gift Card Rescue tweeting about there Timely Twitter Special with Wal-Mart gift cards for 50% off of their face value!

The Timely Twitter Special will only last for the scheduled time or until we run out of stock of the selected card. So hurry up and get your gift card fast. I know that with all of the active followers in the Gift Card Rescue community (we thank you very much) the message will be spread quite quickly!

So make sure you follow @giftcardrescue on Twitter , vote for us in the Forbes Boost Your Business Competition if you haven’t already, and take advantage of all of the great deals before the Holiday Season hits.