Best Apps to Exchange Gift Cards in Nigeria 2024

Are you looking for apps to redeem gift cards in Nigeria? This guide will show you.

Gift cards are now a trendy choice over traditional gifts or cash because they’re more convenient and flexible for everyone involved.

In Nigeria today, this popularity has turned gift card trading into a great way for people and businesses to make money by buying, selling, and trading gift cards.

With so many gift card trading apps in Nigeria, picking the right one can be tricky.

Hence, this article is here to help you find the best app for trading gift cards in Nigeria.

What is a Gift Card?
Types of Gift Cards
How to Activate a Gift Card
What to Do with a Gift Card
Why You Should Use a Gift Card Trading App
Things to Consider Before Choosing an App
Top 10 Apps to Redeem Gift Cards in Nigeria 2024
How to Redeem Gift Cards Using POS
How Do Gift Card Scams Work?
FAQs
Conclusion
References
Recommendations

What is a Gift Card?

A gift card is a prepaid card loaded with a specific amount of money that can be used to purchase items from a particular store or service.

These gift cards are often given as gifts because they allow the recipient to choose what they want to buy.

Common types of gift cards include:

Apple Store Card
Nordstrom
Nike
Amex Gold
Sephora
iTunes
Razer Gold
Steam
Foot Locker
eBay
Vanilla
Visa
Amazon
Target
American Express

Now, let’s look more into the types below.

Types of Gift Cards

Usually, gift cards come in two main types. They are:

Store-Specific Gift Cards: These cards are tied to a specific retailer, such as Amazon, iTunes, or Google Play. You can only use these cards at the designated store.
Universal Gift Cards: These cards, like Visa or MasterCard gift cards, can be used anywhere that accepts those payment methods. They offer more flexibility compared to store-specific cards.

How to Activate a Gift Card

Some gift cards require activation before they can be used. Activating a gift card is usually straightforward.

Here’s how you can do it:

In-Store Activation: If you buy a gift card in a physical store, it’s often activated at the point of purchase. The cashier scans the card, and the activation happens automatically.
Online Activation: To activate your card for online purchases, you might need to visit the retailer’s website and enter the card details. Some cards come with instructions on how to do this.
Over the Phone: Some gift cards may require activation via phone call. To activate one, you’ll need to follow the prompts and enter the card details.

Once activated, the gift card is ready for use.

What to Do with a Gift Card

So, you’ve received a gift card, but it’s not for a store or service you use. What can you do? Here are the options for you:

Use It: If you can find something you want, go ahead and use the gift card.
Regift It: Pass the card on to someone else who might need it.
Exchange It for Cash: This is where gift card trading apps come in handy. You can trade your gift card for cash, cryptocurrency, or other gift cards.

Why You Should Use a Gift Card Trading App

Gift card trading apps make turning and redeeming unused gift cards into cash or other currencies easy.

They are convenient, often offer competitive rates, and allow you to quickly get the value of your card without needing to find someone to buy it from you directly.

Things to Consider Before Choosing an App

Before you start trading, it’s important to choose the right app. Here are a few things you need to look out for:

Rates: Look for apps that offer competitive rates so you can get the most value from your card.
Ease of Use: The app should be easy to navigate, even for beginners.
Speed: Fast transactions are essential, especially if you need the cash quickly.
Security: Ensure the app has strong security measures to protect your information.
Customer Support: Good customer support is crucial if you encounter any issues.

Now, let’s look into the best apps available in Nigeria to exchange your gift cards.

Top 10 Apps to Redeem Gift Cards in Nigeria 2024

Here are the 10 best apps to redeem gift cards in Nigeria.

#1. Cardtonic

If you’re looking to trade gift cards in Nigeria, Cardtonic is an app you should check out.

The app is designed to be user-friendly, so you won’t have to deal with complicated processes or confusing steps. You can redeem your Amazon, iTunes, or Google Play card on Cardtonic.

Why Use Cardtonic?

Quick payouts, usually within minutes.
Excellent rates for a wide variety of gift cards.
Strong security features to keep your transactions safe.

Get App Here

#2. Paxful

Paxful is another big name in the gift card trading game, especially if you’re into cryptocurrency.

This platform lets you trade gift cards for Bitcoin, which is cool if you’re interested in starting a business in digital currency.

While Paxful is popular worldwide, it has a strong presence in Nigeria, making it a go-to app for many Nigerians looking to exchange their gift cards.

Why Use Paxful?

Trade gift cards for Bitcoin, a growing digital currency.
Wide variety of payment options.
Secure platform with a built-in escrow system.

Get App Here

#3. GiftCardsToNaira

When it comes to simplicity and reliability, GiftCardsToNaira stands out. This app makes it easy to redeem gift cards for cash.

This platform offers competitive rates to trade Google Play, Amazon, or any other popular gift card.

In case you are not informed, see the top 10 best gift cards to sell in Nigeria right now.

Why Use GiftCardsToNaira?

User-friendly app with straightforward navigation.
Supports many popular gift cards, including Google Play and Amazon.
Fast and secure transactions.

Get App Here

#4. Prestmit

If you’re into trading gift cards, Bitcoin, and other digital assets, Prestmit is the app for you. This platform is making waves in Nigeria for its versatility and user-friendly experience.

Why Use Prestmit?

Multiple trading options, including Bitcoin.
Competitive rates for your gift cards.
Quick processing times.

Get App Here

See also: Types of Gift Cards in 2024

#5. Nosh

Nosh is quickly becoming a favorite among Nigerians looking to exchange gift cards. The app is gaining popularity for its competitive rates and super-easy-to-use interface.

If you’re looking for simplicity and the most value out of your gift cards, Nosh might be your new best friend.

Why Use Nosh?

Competitive rates that maximize your card’s value.
Simple and intuitive interface.
Speedy transactions, getting you your cash quickly.

Get App Here

#6. Bitnob

If you’re interested in venturing into cryptocurrency, Bitnob offers a unique opportunity. This app allows you to trade your gift cards for Bitcoin, making it a cool option for turning unused gift cards into a potentially valuable digital asset.

Why Use Bitnob?

Exchange gift cards for Bitcoin, a digital currency.
User-friendly platform with strong security features.
Fast transaction processing.

Get App Here

#7. SellIt

If you are looking for a simple and reliable way to trade your gift cards, SellIt might be your solution.

This app is tailored specifically for Nigerians and is designed to make the process as straightforward as possible.

Why Use SellIt?

The easy-to-use interface is great for beginners.
Competitive rates ensure you get good value.
Fast and reliable service.

Get App Here

#8. SnappyExchange

Regarding speed and efficiency, SnappyExchange lives up to its name. This app is well-known in Nigeria for its quick service and competitive rates.

If you have a variety of gift cards to trade, SnappyExchange has a wide range of options.

Why Use SnappyExchange?

Wide range of supported gift cards.
Very competitive rates.
Fast payout times.

Get App Here

#9. Quickteller

Quickteller is a versatile platform allowing you to trade gift cards and other financial services. It’s a one-stop shop for many of your financial needs.

Why Use Quickteller?

Multiple financial services in one app.
Reliable and secure platform.
Fast and efficient transactions.

Get App Here

#10. Flipex

Flipex may be a newer name in the gift card trading scene, but it’s already making a name for itself with its simple approach.

If you’re looking for a stress-free way to turn your gift cards into cash, Flipex is a solid choice.

The platform offers good rates and ensures quick payment, making it a great option for anyone who wants to keep things simple and efficient.

Why Use Flipex?

Simple and effective service.
Good rates for your gift cards.
Fast and secure payouts.

Get App Here

How to Redeem Gift Cards Using POS

Redeeming a gift card using a Point of Sale (POS) machine is easy and convenient.

Here’s how you do it:

Visit a Retail Store: Go to a store that accepts gift cards via POS. Most big stores and some small shops have this option.
Hand Over the Card: Give the cashier your gift card and tell them you want to use it for your purchase.
Swipe or Scan: The cashier will swipe or scan the gift card through the POS machine.
Confirm the Amount: The POS automatically deducts the amount from your gift card balance. You can pay the difference with another payment method if the purchase exceeds your card’s balance.
Get Your Receipt: Once the transaction is complete, the cashier will give you a receipt showing the amount deducted and your remaining balance.

How Do Gift Card Scams Work?

Gift card scams are tricky, but understanding how they work can help you avoid them.

Here’s how these scams typically unfold:

Phishing Scams: Scammers might send fake emails or messages pretending to be from a legitimate company. They ask you to buy gift cards and send them the codes, making it sound urgent or official to trick you.
Fake Websites: Some scammers set up fake websites that look like real ones. They steal your information when you redeem or check your gift card balance.
Overpayment Scams: Scammers might pretend to buy something from you and “accidentally” overpay using a gift card. They then ask for a refund in cash, but the gift card they used is fake or has no balance.

FAQs

What is the best trading platform for gift cards in Nigeria?

If you are looking for the Best App to Sell Gift Card in Nigeria (2024), Hook is the best gift card trading platform in Nigeria and the best gift card trading app with a high rate today as of Today. You’re losing a lot of money if you keep or allow any unused gift cards to waste and expire.

What is the best site to redeem gift cards in Nigeria?

NOSH.NG is the approved platform to sell, exchange, trade, and redeem gift cards online. Nosh is the best place to redeem gift cards instantly for naira or cedis. Their service is swift and top-notch. Trading on the Nosh platform is safe and secure.

What is the best app to convert gift cards to cash?

Snappy Exchange Redeeming App is one of the amazing apps that allows you to sell gift cards for cash, convert airtime to cash, and pay bills, which includes buying airtime and data bundles.

What app can I use to transfer money from a gift card?

Transferring funds from a Visa gift card balance to a bank account isn’t always straightforward, but it can be possible. Although a direct transfer isn’t always readily available, you may be able to make a transfer indirectly through third-party apps like PayPal, Venmo, or Cash App.

How do I turn my gift card into Cash App?

While Cash App does not directly support gift cards, there are a few other ways to transfer money from a gift card to Cash App. Transferring gift card funds to Cash App is simple! Open the app, tap “Balance”, then “Add Cash”. Enter your desired amount, select “Gift Card”, and enter your card details.

Conclusion

Picking the right app to redeem your gift cards in Nigeria is key to buying or selling gift cards.

If you’re into trading or just getting started, knowing what apps are out there, figuring out what you need, comparing what each app offers, and choosing one that fits your needs will help you get the most out of your gift card trading experience in Nigeria.

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