Selling Amazon gift cards in Nigeria has become super popular, and it’s easy to see why! With so many people buying digital products like electronics, eBooks, and more, they are in high demand and are also very convenient and easy to use.
If you have an Amazon gift card and want to convert it into cash, or if you are exploring the gift card trading business, you will need to know a few key things; like the best platforms to sell, how exchange rates work, and how to keep your transactions secure.
Let me show you the best platform to sell your Amazon gift card, and tips to sell your Amazon gift cards easily, safely, and at the best rates in Nigeria.
How Exchange Rates Affect the Value of Your Gift Card When Sold
Gift card trading, especially in a place like Nigeria, is heavily influenced by exchange rates. If you have ever wondered why the amount you receive for your gift card varies or why the rate is different on different platforms, the exchange rate plays a huge role.
To get the best value when selling your gift cards, it is important to understand how exchange rates work and how they can impact the cash you get.
What Are Exchange Rates?
They determine the value of one currency compared to another. When it comes to gift cards, especially ones from international brands like Amazon, the value of the card is usually in US dollars (USD) or another foreign currency.
Since you’re selling the card in Nigeria and receiving payment in Naira (NGN), the exchange rate at that moment directly affects how much Naira you get.
How Does Exchange Rates Impact Gift Card Value
The following is how the exchange rate will impact your gift card value:
- Higher Exchange Rates = Higher Cash Value
When the exchange rate for USD to Naira is high, you will get more Naira for your gift card.
Currently, if you sell a $100 Amazon gift card on SnappyExchange, you will get ₦ 69,000
If the exchange rate is high, you get more cash for the same card and vice versa.
If you’re not paying attention to exchange rates, you could sell your card at a much lower value than it’s worth.
- The Platform’s Rate vs. Market Rate
Platforms or traders offering to buy your gift card don’t always use the official market exchange rate. They often use their rates, and SnappyExchange offers you the best rates you can think of.
Always check the current rates before selling to ensure you’re getting the best deal.
How to Check Amazon Gift Card Balance Without Redeeming it
You can check your gift card balance via the website, customer support channel, or mobile app.
The following are ways to check your Amazon gift card balance without adding (or redeeming) it to your account:
- Through the website
Follow these step-by-step guide to do so:
- Visit the Amazon Website
- Go to www.amazon.com.
- Log in to your Amazon account (or create one if you don’t have one).
- Navigate to Gift Card Balance
- Hover over the “Account & Lists” tab at the top-right corner.
- Click on “Gift Cards” from the drop-down menu.
- Check Gift Card Balance
- Look for the option that says “Check your balance” or “Check your gift card balance”.
- Enter the gift card code (usually found on the back of the card under the scratch-off panel).
- Amazon will display the balance without applying it to your account.
2. Through Amazon Customer Support
If you’re unsure about checking the balance yourself, their customer support team can help you verify it.
- Go to the Amazon Customer Support page.
- Start a chat session or call the customer support number.
- Provide the gift card code to the representative.
- The representative will tell you the balance without redeeming the card.
Remember never to share your gift card code with unauthorized individuals. Only share it directly with Amazon support.
3. Through the Amazon Mobile App
Follow these step-by-step guide to do so:
- Open the Amazon app on your mobile device.
- Log in to your account.
- Go to the “Gift Cards” section (found in the account menu).
- Choose “Check Balance” and enter your gift card code.
- Your balance will appear on the screen.
Where Can I Sell Amazon Gift Cards For Cash?
Yes, you can sell Amazon gift cards. However, before you do so, make sure you use a reputable gift card exchange platform like SnappyExchange.
This is because selling your gift card on reliable platforms ensures you get the best value and avoid being scammed.
Benefits of Selling Your Amazon Gift Card on SnappyExchange
The following are some of the benefits of selling Amazon gift cards on SnappyExchange:
- Competitive Rates: Our rates are very competitive and the fairest you can get anywhere.
- Fast payouts: Our system is designed to be prompt. There are no delays in payouts.
- Intuitive app interface: Our user- interface is both beginner and advanced-friendly. It is very easy to navigate with clear prompts through each process.
- Excellent 24/7 Customer Service: We have a dedicated customer service support channel where issues concerning trading on the platform are resolved promptly.
How Do I Sell My Amazon Gift Card Online
Follow these steps to sell your Amazon gift card on SnappyExchange:
Step 1: Go to the SnappyExchange website
- Log in to the SnappyExchange website
- Register, if you are new to the platform
Step 2: Log in
- Put in your e-mail and password
- Then select “Login”
Step 3: Select the gift card you want to sell.
- Select the card type.
- Enter the card details, including code, denomination and upload a clear image of the card(if it’s a physical card)
The platform verifies the card’s balance and authenticity.
Step 4: Receive Payment
- After the card is verified to be authentic, select “Submit”
- Once the sell order is approved, within 2-10 minutes, your account will be credited via your preferred payment method.
Tips to Avoid Scams When Selling Your Gift Cards
When selling Amazon gift cards, security should be your top priority to avoid scams or fraud. The following are essential tips for safe transactions:
- Use Trusted Platforms: Stick to reputable platforms like SnappyExchange. Avoid unknown websites or traders.
- Verify Platform Reviews: Check user reviews on platform websites to ensure reliability.
- Avoid Direct Trades with Strangers: Platforms that offer escrow services or secure systems are safer than trading with individuals.
- Don’t Share Sensitive Information: Never share gift card details with a third party.
- Check Transaction Details Twice: Ensure that all payment and transaction details are correct before proceeding.
Troubleshooting Common Issues on Amazon Gift Cards
The following are the common ways to troubleshoot common issues you might face while redeeming your gift cards:
- Invalid Code: Double-check the code for errors. Sometimes a “0” can look like an “O.”
- Already Redeemed: If the code says it’s already been used, check your account balance. It might have been added earlier.
- Region Restrictions: Make sure the card is meant for your country’s Amazon site (e.g., an Amazon.com card won’t work on Amazon.co.uk).
FAQs
- Can Amazon Gift Cards Be Used Internationally?
No, Amazon gift cards are usually country-specific. For instance, a U.S. Amazon gift card can only be redeemed on Amazon.com, and not on Amazon websites for other countries.
- Can I Reload an Amazon Gift Card?
No, you cannot reload an existing gift card. However, you can add funds to your Amazon account balance, which works similarly to having a gift card balance.
- Do Amazon Gift Cards Expire?
Amazon gift cards generally do not have an expiration date. However, some promotional gift cards might have a validity period, so it’s always good to check the terms.
Read Also: How to Send Amazon Gift Cards Online
Conclusion
Selling Amazon gift cards is a smart way to turn your digital assets into real cash. To get the best deal, stick with a reliable platform, keep an eye on exchange rates, and always prioritize secure transactions.
As the digital economy grows and gift cards become even more popular, there are more opportunities than ever to make good money from them.
By following the simple steps in this guide, you’ll be able to sell your Amazon gift cards without stress, get the best value, and avoid scams. If you are looking to cash out quickly or grow a small trading hustle, you are now ready to confidently maximize the value of your Amazon gift cards!