The pandemic seemed to have done more good for gift card trading in Nigeria as sales have continued to increase since 2020. Due to this, there are now a number of sites that buy gift cards for cash but not all are trustworthy. Show
As a newcomer to gift card trading in Nigeria, one needs to be wary about the sites they choose to trade on because some might be fraudulent sites just trying to get your gift card number. But have no fear I have curated the dos and don’ts you need to know before trading. Things You Should Know Before Trading Your Gift CardsTrading gift cards online can be tricky if you are a newbie with no guidance and I am speaking from experience. You have no idea what gift cards you can actually sell or how much you can sell them for. Due to my experience, I have curated a list of things you should know before trading:
You can not sell all brands of gift cards in Nigeria because the gift card exchange companies do not buy all brands. So due to this one has to be sure of what brand of gift card they are trying to sell. Check gift card exchange sites for the list of cards they sell to be sure.
Gift card trading prices could drop at any time due to any reason so before selling you should check for the current trading rates to know if the rates are high enough.
It is important to check the gift card balance before you trade, especially if it’s a used gift card, this is in order to be sure the amount on the body of the card is the same as the actual balance.
It is no news that sites have occasional downtimes and during these downtimes, traders will need external help. This is why it is necessary for a trading site to have a responsive customer support system.
Before going into trading gift cards you should first figure out what brands of gift cards sell at higher rates than their counterparts for maximum profit. 10 Brands of Gift Cards with the Highest RatesThese sets of gift cards are high performers when it comes to reselling value. Here are 10 brands of gift cards that sell at high rates:
How To Check Your Gift Card’s BalanceYou can either check your gift card balance offline by calling the brand’s customer care number or online through their website. How To Sell Your Gift Card OnlineTrading gift cards online has become a thing in Nigeria which is why there are a lot of gift card trading sites online. Traders are at the risk of trading with the wrong site due to the lack of understanding of what a good one should look like. A good gift card trading site should have the following qualities:
One website that has the characteristics listed above is Prestmit.com. How To Trade On Prestmit.comThe Prestmit website is easy to use thanks to the properly laid out user interface. Follow the steps listed below to trade on the site:
Before trading, you can use the rate calculator on the site to confirm your gift card rates. How to Use the Rate Calculator on PrestmitGo to the top right side of the front page of the website and click on the three-striped lines beside “DASHBOARD” then click on Rates. You would be directed to the Rate Calculator page. Follow these steps to check your rates:
After taking all these steps your gift card rate will be displayed in the currency you chose. In ConclusionThe Prestmit website operates on a 24 hours basis so you can trade at any time of the day you like and at high rates. Now you know all you need to know about gift card trading in Nigeria, it’s time to get to trading. Where can I redeem my gift card online?The issuer's online store
You can redeem your gift card online if the issuer has an online store. Such online stores have a redeem gift card option. Stores that enable online gift card redemption include Spar, Shoprite, Google Play Store, iTunes, etc.
Where can I redeem gift cards for money?You can easily turn gift cards into cash (or more desirable gift cards) through reputable sites like Raise and CardCash. The site you choose will depend on the ease of sale and the type of gift card you have. You won't get full value for it, but that's still better than letting a gift card go unused.
Which app can I use to redeem gift cards?The Prestmit app was designed with the users in mind; this is why absolutely anybody can use it. It's available on both Google Play Store for Android users and the App Store for Apple users.
How can I redeem my gift card to Naira?There are three major ways to redeem your gift cards in Nigeria.. Through the card issuer's physical store.. Online Redemption.. Selling for Cash/Cryptocurrency.. |