However, redeeming gift cards for cash does not provide you with the card’s face value and this is why every brand of gift card has its resale value. That is, the gift card does not pay the holder the card’s actual monetary value. The cost of redeeming gift cards varies a lot, depending on the platform you’re working with. What makes a gift card appealing is the resale value. This article has highlighted the top 10 gift cards with the highest resale in Nigeria in no particular order.
Best Gift Cards With The Highest Rates In Nigeria
1. Amazon Gift Card
These gift cards can be used to purchase groceries and digital content on the Amazon platform. When you exchange the card in Nigeria, you will receive approximately 92 per cent of its original value.
2. Steam Gift Card
Steam gift cards are used on the Steam platform to purchase PC games, software, and other Steam branded compatible items. You must first activate the Steam code before you can use it, and then the gift card value will be added to your Steam wallet. A $100 Steam card is worth approximately N184,000 in Nigeria.
3. Sephora Gift Card
Sephora is a worldwide company that specializes in beauty products and is well-known in the United States and Europe. It has gained popularity in Nigeria and the company gift card commands a high price when sold.
4. Nordstrom Gift Card
Nordstrom specializes in high-end appliances and clothing. This company sells gift cards that can be used to purchase the brand’s products online or in their stores. It has a high resale value, making it a sought-after and costly gift card.
5. eBay Gift Card
How can we forget about eBay gift cards? They are issued by eBay for purchasing products on the eBay website, and you may be able to redeem yours at a very high rate if you do not use it on the eBay platform.
6. iTunes Gift Card
An iTunes gift card can be used to buy apps, music, games, and other digital products from the iTunes store. It has a very high value in Nigeria, making it expensive; a $100 iTunes gift card is worth more than N230,000 in Nigeria.
7. Google Play Gift Card
A Google Play gift card grants complete access to the Google Play Store. This card can be used to purchase apps, movies, games, and TV shows from the store. In Nigeria, a $100 Google Play Gift Card is worth more than N130,000.
8. Target Gift Card
Target is a store in the United States that provides customers with gift cards that can be used to purchase various products sold at Target physical stores or online stores. In Nigeria, this gift card has a reasonable resale value.
The American Express Gift card is another high valued gift card that can be redeemed at any online retailer in the United States. Currently, the Amex gift card costs between 31000 and 34000 Nigerian Naira.
10. Vanilla Visa Gift Card
In Nigeria, the Vanilla Visa brand is well-known. The gift card is easy to redeem and has a high resale value. As a result, it is one of the most expensive gift cards in Nigeria. Vanilla Visa gift cards are available in retail stores and on Amazon.
