However, redeeming gift cards for cash does not give you the face value of the card. That is to say that the gift card does not pay the holder the actual money value of the card. For example, if you want to redeem a $100 Google Play Gift Card, you will not be paid exactly $100, you could end up being paid $80 for the $100 gift card(this is just an example).
The cost of redeeming gift cards differs independently across all gift card issuing merchants. What makes a gift card expensive or cheap is its resale value. This article will highlight the top 15 most expensive gift cards in Nigeria in no particular order.
Top 15 Most Expensive Gift Cards In Nigeria
Here are the 15 most expensive gift cards in Nigeria currently, this list will help you to make a good choice very soon. It is the Christmas season already, so this article, I believe, will be very useful to you.
1.iTunes Gift Card
iTunes gift card is used to purchase applications, music, games, and other digital products on the iTunes store. In Nigeria, it has a very high value which makes it expensive, a $100 iTunes gift card is worth more than N180,000 In Nigeria.
2. Google Play Gift Card
Google Play gift card gives full access to the Google Play Store. You can use this card to buy apps, movies, games, TV shows, from the store. A $100 Google Play Gift Card Is valued at more than N210,000 in Nigeria.
3. Amazon Gift Card
These gift cards are used to shop the many groceries and digital content on the Amazon platform. You can get about 92% of its value when you exchange the card in Nigeria.
4. Steam gift cards
Steam gift cards are traditionally used to buy PC games, software, and other Steam compatible items on the Steam platform. Before it can be used, you need to activate the Steam code after which the gift card value will be added to your Steam wallet. A $100 Steam card is worth approximately around N256,000
5. Amex Gift card
The American Express Gift card can be used in any online retail shop in the U.S. Currently, the Amex gift card is about 131000-234000 Nigerian Naira.
6. Razor Gold Gift Card
One of the best gift cards is Razor Gold, it offers the highest rates in Nigeria. It gives credit to gamers and can be redeemed on their platform.
7. Sephora Gift Card
Sephora is an international firm very popular in the U.S. and across Europe and the company specializes in beauty products. It has gained popularity in Nigeria and offers a handsome value when sold.
8. Best Buy Gift Card
Best Buy is a company dealing in electronics like televisions, fridges, Air conditioners, etc. The cards have a high resale value in Nigeria, making them one of the expensive gift cards.
9. Nordstrom Gift Card
Nordstrom deals in high-quality accessories and clothes. This firm issues gift cards that can be used to buy the brand’s items either online or at their stores. It has a good resale value that makes it a highly demanded and expensive gift card.
10. Footlocker Gift Card
Footlocker is an online store where you can get varieties of athletic footwear. Its gift cards can be used to pay for items bought at the store or online. This is one of the most expensive gift cards in Nigeria currently. You can get the $100 Footlocker gift card for N190,000.
11. Target Gift Card
Target is a store in the U.S. which issues gift cards to customers and they can be used to buy the different products that are sold at the Target physical stores or online stores. This gift card has a decent resale value in Nigeria.
12. MasterCard Gift Card
The MasterCard brand is very prominent in Nigeria. The gift card has a high resale value and is also easy to redeem. This makes it one of the expensive gift cards in Nigeria. You can buy MasterCard gift cards from stores or at Amazon.
13. eBay Gift Card
How can we forget eBay gift cards? They are issued by eBay for buying products on the eBay site and you could redeem yours for a very high rate if you choose not to use it on the ebay platform.
14. Macy’s Gift Card
Macy’s is a fashion retailer in America. Macy’s gift cards have become very popular among Nigerians and we can say that they offer one of the highest resale values.
15. GameStop Gift Card
GameStop is just a video game store offering a large variety of video games, including software and hardware packages. Their gift card can be said to be one of the highest resale value gift cards.
Now that you have gotten an idea of the most expensive gift cards in Nigeria, I believe it will help you to choose what’s best for you.
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