It is more profitable to have gift cards with very high resale value. However, you can only do this by first identifying the gift cards that have the highest rate. Needless to say, not all of these vouchers have high selling or buying rate.
Presently, the gift card with the highest rate has to be the Apple iTunes Store Gift card. This is because, unlike other gift cards in the market, the iTunes card is the most sought-after in the gift card market and is also readily available in most stores. Other high-rate gift cards that follow include Google Play and Sephora.
It is an added advantage if you know the gift card with the highest rates. For this reason, this article has been developed to show you the gift cards you should be targeting.
To begin with, the online exchange platform you deal with in trading your gift cards that play a role in the rate at which your GCs are traded. The exchange platform should also have a rate calculator feature so that you can occasionally check the trading rate of gift cards conveniently and quickly.
For this reason, before we get started, I recommend you consider SnappyExchange for trading your gift cards to fiat, bitcoins, USDT, or other gift cards.
Top Gift Cards With Highest Rates Today
In this list, we have identified the following gift cards as ones with the highest rate currently with reasons to back up their current value in the market:
- Apple / iTunes store gift card
- Google Play Gift card
- Sephora Gift Card
- Amazon Gift Card
- AMEX Card
- Steam Gift Card
1. Apple iTunes store gift card
There is no doubt that the Apple iTunes gift card is one of the most sought-after GCs in the market today. This has contributed to its high rate and selling value, especially given that it is readily available in most stores.
At the moment, a $200 apple store gift card is worth roughly about N42000 to N45000 on SnappyExchange. You can expect the value of this gift card to change since the rate varies from time to time but is still within that range.
2. Google Play Gift card
Following the Apple gift card is the Google Play gift card as one of the best GCs with a high rate. Although the card is popular among vendors for its Google error it is still sought-after, especially when we consider how easy it is for google play to sell.
Suppose you have a google account. In that case, you can redeem it at the Google Play store. Alternatively, you can sell your Google gift card for instant cash on SnappyExchnage. It has a high rate and at the moment, $100 worth of Google play gift cards go for about N34,000 to N47, 000.
3. Sephora Gift Card
The list of gift cards with the highest rate is not complete without mentioning Sephora. Although the gift card is specifically used for purchasing items on the Sephora store – a beauty brand based in a foreign country, it still shares a similar exchange value with Google play cards.
Given that it is a card to purchase beauty products, it shared rate with cards like Nordstrom dedicated to similar services. Currently, $100 worth of SEPHORA can be sold for anywhere between N35,000 naira to N37,000.
4. Amazon Gift Card
It is a no-brainer that any payment solution from Amazon should be of high value because they would most likely facilitate payment on one of the world’s biggest eCommerce stores. Now, Amazon gift cards can never go out of demand.
Aside from purchasing both physical and digital goods from Amazon, the gift card can also be used to exchange for cash wherein you can get up to 92% of the face value, especially if you have a cash receipt. At the moment, a $100 amazon gift card with a cash receipt can go for as high as N42,000 on SnappyExchange.
5. AMEX Card
Another gift card that has the highest rate is the American Express gift card. These cards are getting popular as you can sell an Amex card at N39,000.
It is important to note that some intricacies are involved when dealing with AMEX cards, despite their high resale value. So, before buying this card, ensure you have learned the ropes of using this card.
6. Steam Gift Card
Steam is specifically for gaming. The entity issues gift cards that can be redeemed on the Steam platform and used for purchasing Software, games, and steam wallet credits.
Since it is targeted at gamers and there are a lot of gamers around the world, it doesn’t take rocket science to figure out why there is high demand for the gift card that has now translated to its high rate. On SnappyExchange, a $100 Steam card is exchanged between N47,000 to N49,000
7. eBay Gift Card
Another gift card that has the highest rate is the eBay gift card. The voucher can be used to buy items in Electronics, Toys, Motors, Fashion, Home & Garden, Art, and many other things.
Due to the high functionality of this card, many people are looking to buy eBay gift cards for easy payment solutions and possible bonuses for using gift cards as payment. So, you can expect the purchasing value of this card to be high.
Generally speaking, eCommerce gift cards are in high demand since many drop shippers and wholesale buyers use them. So, you can expect GCs like Amazon and eBay to be one of the most expensive gift cards.
Other gift cards with high rates include Nike gift cards, Walmart Gift cards, and even Footlocker gift card
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If you read between the lines, you will realize that the extra value you get from trading gift cards, whether or not they have the highest gift card rate, will depend on the platform you are exchanging with or the dealer you go into business with.
It is one thing to sell your gift cards, it is another to sell them at a good value. It is based on this idea that SnappyExchange offers the best rates for those who want to sell gift cards in exchange for cash or bitcoins.
Meanwhile, remember to check the balance on your gift card before trading to avoid validation issues on the exchange. Also, the value of gift cards changes in line with varying factors.
Where to Buy and Sell Gift Cards?
It is one thing to identify the few gift cards that have the highest rate, it is another thing to know where to get these cards or sell them at the best rates. The above-listed cards are indeed the most sought-after gift cards to sell but where can you exchange your cards at the best rates without getting scammed?
The truth is that many websites offer this service but www.snappyexchange.com has broken through various hoards to remain one of the most incredible websites for trading gift cards online and receiving quick money.
What seemingly makes SnappyExchange ideal than many others is the great rates, prompt payment processing, and easy-to-use app features. Speaking of apps, the online platform is available in both Web and mobile app versions.
Another thing that makes SnappyExchange an ideal hub for trading gift cards is the platform’s Gift Card Rates Calculator which allows users to always see the prices of any gift cards and their naira equivalent.
So instead of occasionally looking for how much a particular gift card is, you can always go to the calculator page to see the most recent exchange rates for all gift cards.
To get started on SnappyExchange, visit the website right away talk with an Agent on the platform, or write an email.
How Much is $100 iTunes in Nigeria?
As mentioned earlier, the iTunes gift card is one of the GCs with the highest resale value.
Going by the information of the SnappyExchnage gift card exchange rate calculator, $100 worth of an iTunes gift card is 450×100 = N45,000 for a physical card, While $42,000 for an E-code worth of the same gift card is N18,108
How Much is a $500 Amazon Card in Nigeria Money?
The naira exchange value of a $500 worth of Amazon gift card is not always stable. However, you can use an exchange rate calculator to know the current price.
On SnappyExchange, a $500 Amazon gift card costs #210,000 with a cash receipt and N165,000 for no cash receipt but, again, market movements can either plummet or spike the value of the naira.
Wrapping up
The use of gift cards around the world continues to gain massive traction. Before, it was issued by companies for the purchase of their goods and services as alternative payment solutions.
But more rampant these days is the use of gift cards as a means of earning a living. Some people make a decent amount from trading gift cards without using them for the actual purpose.
If this is something you want to do, then knowing the gift cards with the highest rate is a top priority, in the above article, we have seen the different gift cards that are most sought after.
Remember that the exchange platform you deal with will play a role in the profit you gain from trading gift cards.