The recent emergence of the usage of Gift cards in Nigeria has been one for the books. It was a slow build-up to this moment rather than an overnight come-up. in previous times, you could say people just came across unwanted gift cards. This could be a gift from a loved one. Or as a result of a giveaway or contest that you won.
Now, there is an intentional purchase of gift cards in Nigeria. This could be linked to the fact that Global brands are extending their reach to the country, either through their physical or online stores. This has created a gift card demand for those brands, also there is a realization that certain gift cards can perform some non-conventional functions.
There has been a couple of gift cards that have done extremely well in Nigeria since the rise, This has increased their demand and in turn their monetary value when considering resale.
Top 5 Gift cards in Nigeria Today
In no particular order, here are the top 5 you should consider when thinking of purchasing gift cards.
Steam Gift Cards: These are digital certificates that can be redeemed on Steam to purchase games, software, hardware, etc. Steam is an online gaming platform. Their gift cards have a resale value of about 80- 85%.
iTunes Gift Cards: They serve as alternative payment methods other than your debit or credit cards, loaded with money, and can be used to pay for items on the iTunes store. A $100 iTunes gift card goes for about 30000 Naira on Cardtonic today.
Amazon Gift Cards: This one right here is a “hot boy” always in demand, Amazon gift cards can be used to purchase all items on the largely distributed amazon stores. Either online or a retail store. You can get as high as 92% back of your money if you choose to resell. A $100 card currently goes for 30000 Naira on Cardtonic especially if you have a cash receipt.
Google Play Gift Cards: These cards are used for the purchase of paid products on the play store. On Cardtonic you can get a 72% value for your $100 card, it is always sharp to check the current rates before trading. This might be higher or slightly lower depending on the time of your trade.
Sephora Gift cards: Sephora Gift cards have a current rate of 320 for $300 cards and above, and 315 for $100-299 cards. You can make some big bucks if you choose to resell these cards.
They are a couple of cards that were not listed above but are still good investments such as; Footlocker, AMEX, Razer Gold, eBay, etc.
In as much as it is great to possess cards with the strongest rates, it is pertinent to sell on the right gift card trading platform. Otherwise, you are in risk of losing your cards or consistent undervaluing of the cards. This is why I recommend you trade your cards on the Cardtonic platform, not only for security but also value.