Gift cards are more than just convenient presents—they’re valuable assets that can be converted into cash. But here’s the catch: not all gift cards hold the same value, and their rates fluctuate daily. If you’re looking to sell your gift cards for the highest possible amount, you need to know how to check the best rates and what factors affect them.
What Are Gift Card Rates?
Gift card rates refer to the amount of money you receive when selling a gift card. These rates are usually expressed as a percentage of the card’s total value. For example, if a $100 Amazon gift card sells for 85%, you’ll receive ₦127,500 when converted to Naira (assuming $100 = ₦150,000 today).
How Much Are Gift Cards Worth?
The value of a gift card depends on its brand, demand, and the platform where you’re selling it. Here’s a breakdown of typical gift card resale values:
- Amazon Gift Card: 75% – 85% (₦112,500 – ₦127,500)
- Steam Gift Card: 80% – 90% (₦120,000 – ₦135,000)
- Google Play Gift Card: 70% – 80% (₦105,000 – ₦120,000)
- Apple/iTunes Gift Card: 75% – 85% (₦112,500 – ₦127,500)
- Vanilla Visa Gift Card: 65% – 75% (₦97,500 – ₦112,500)
Note: These values change based on market demand and platform policies.
Why Do Gift Card Rates Fluctuate?
Just like currency exchange rates, gift card rates are affected by supply and demand. Here are some key reasons why rates change:
- Market Demand – Popular gift cards like Amazon and Steam often have higher rates because more people want them.
- Currency Value – If the exchange rate between USD and Naira fluctuates, the value of your card may also change.
- Platform Policies – Some trading platforms offer better rates than others, so choosing the right one matters.
- Seasonal Trends – During peak shopping seasons (e.g., Black Friday, Christmas), demand for certain gift cards rises, leading to better rates.
How to Check the Best Gift Card Rates Instantly
Instead of guessing, the smartest way to find out the current rates is by using a Gift Card Rate Calculator. Ridima provides a free and easy-to-use calculator that updates in real time. Simply enter your gift card details, and you’ll see the exact amount you’ll receive.
Steps to Use a Gift Card Rate Calculator:
- Go to the Ridima Gift Card Rate Calculator page.
- Select the type of gift card you want to sell.
- Enter the card’s value (e.g., $50, $100, etc.).
- Click Check Rate to see the exact amount you’ll get in Naira.
Where to Sell Gift Cards for the Highest Value
If you want the best rates with instant payment, Ridima is a trusted platform that ensures you get the maximum value for your gift cards. Here’s why:
- High Rates – Get top dollar for your gift cards.
- Fast Payouts – Receive your money within minutes.
- Safe Transactions – Secure and hassle-free process.
- 24/7 Availability – Sell anytime, anywhere.
Final Thoughts
If you have unused gift cards sitting around, don’t let them go to waste! Use a Gift Card Rate Calculator to find out the best value before selling. Rates change daily, so always check before making a trade. With Ridima, you can be sure you’re getting the best deal for your cards.
�� Share this with friends who might have gift cards they want to sell. Knowing the best rates can help them make smarter financial decisions!