Raise feels like the textbook definition of a fly-by-night operation. Dealing with their customer service gives the impression this was/is a startup helmed by a handful of frat-dicks out of their garage. They don't actually sell gift cards. They are a go-between. As in, they sell other peoples' unwanted gift cards to you for a fee. IF you purchase anything from them, use the funds IMMEDIATELY. The danger of being ripped off is real because they have no mechanism in place to protect buyers or sellers. A seller can easily sell the code & upon seeing the money enter his account he can then also use the funds attached to the code. If you buy a gift card expecting it to be like a normal one you can keep around forever & use it months or years later, you may have a surprise $0 balance when you try to use it. Raise supposedly has a "One Year Guarantee" protection plan in place for buyers, but I wouldn't want to put it to the test. Check out the reviews at ResellerRatings if you have any doubts. For example, there are multiple reviews in which buyers had to resort to CC charge-backs to get their money back, whereupon Raise perma-bans your account (no idea if they do this on an IP address basis or if it'd be easy to create a new Raise account).
Now, as to my personal experience with them, it has been mixed & until this weekend I was happily ignorant of the above. I had used them to buy a couple gift cards previously without issue. I used both immediately so that likely contributed to my "success".
This weekend I purchased a $25 PSN code for a small 14% discount & they randomly froze my purchase/account *after* charging my credit card & then sent me an email to request that I call them to "clear things up", like I'm a middle schooler calling my mommy. I realize this is some half-assed attempt at a fraud check, but this is the same exact CC# I've used with them twice before without issue. This is the same exact CC# I use with Amazon, Newegg, eBay thru Paypal...hell...even Rakuten. And none of them have ever frozen a purchase & asked I call them. So, setting aside my annoyance & the fact that I didn't have the spare time to spend an hour on the phone with Raise, I went ahead & attempted to call them yesterday to clear this up. I called twice & get an automated response both times telling me that no one is available to take my call. Turns out, while Raise has email CSRs who will randomly freeze purchases/accounts in response to a purchase, they don't employ phone CSRs who can take calls on Sunday to clear up the mess that the email CSRs create. hahaha SO, they had my money & I had no way to use the code I purchased for at least 24 hours. On the one hand, I feel like this is "first world problems". On the other hand, it boggles the mind they don't have anyone to handle the phones on a Sunday. And this doesn't particularly build my confidence with their operation after reading a few of the aforementioned "horror story" reviews on ResellerRatings.
In other words, caveat emptor. There is an opportunity here to save some bucks on gift cards. And that's why we're all here on CAG. Just make sure you use 'em immediately & go in knowing that if you have to deal with customer service you may be in for an adventure.