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Category: giftcards type

  • How Much is A 50 Dollars Gift Card To Naira? [2024]

    How Much is 50 Dollars Gift Card to Naira? Gift cards have long gone passed the sole purpose of using them to purchase goods and services from selected retail outlets. There are various uses for gift vouchers, and the most popular one in Nigeria is selling them for cash.

    There are thousands of gift cards from various brands and businesses, but unfortunately, only some work in Nigeria. What do you do in this situation? Did you say, “Throw them away”? WRONG.

    If you possess a gift card that cannot be redeemed for goods and services in Nigeria, you can redeem them for cash with gift card trading platforms, such as Cardtonic. 

    How can you do that, and how much can you get for a $50 gift card in Naira? Hold on; I’ll get to that in a second. First, let’s take a look at a brief explanation of what a gift card is. 

    Let’s Talk About $50 Gift Card 

    A gift voucher is a prepaid debit card used instead of a bank card as an alternative payment method. A gift card is issued by a brand, business or even a bank and is used just like a traditional bank debit/credit card to pay for goods and services. 

    It comes in two forms- a physical card and an E-code. A physical gift card is a rectangular-shaped card, which looks a lot like a bank card, while an E-code is an electronic gift card that, when purchased, is sent to your email address or phone number.  Gift cards come in various denominations, such as $50, $100, $200, $500 etc. 

    How Much Is 50 Dollars Gift Card To Naira?

    As mentioned earlier, gift cards come in numerous denominations, and $50 is actually not the lowest denomination you can find.

    Do you have a $50 gift card you want to trade for Naira, and are you wondering how much you would get for it? Well, there is no straight figure for that.

    This is because there are hundreds of gift card brands out there, and they all have different trade rates. 

    A $50 Amazon gift card might have a different selling rate from a $50 Sephora gift card, and this is because different gift cards have different stands in the market. One gift voucher might be in demand more than another, therefore having different market rates.

    Other factors that affect the rate of a gift card are the form- physical or e-code, the country it’s from, and if it has a receipt available or not.

    But generally speaking, a $50 gift card is usually 541-660 NGN.

    The following are some examples of gift cards and how much $50 worth is in Naira:

    • USA Amazon Cash Receipt: With a current rate of NGN665 on Hook, you will get NGN33,050.
    • USA eBay Gift Card: With a current rate of NGN660 on Hook, you will get NGN34,000.
    • USA Google Play Physical: With a current rate of NGN667 on Hook, you will get NGN32,750.
    • USA Steam Physical: With a current rate of NGN684 on Hook, you will get NGN34,200.
    • USA AMEX Card: With a current rate of NGN480 on Hook, you will get NGN34,000
    • USA Footlocker Gift Card: With a current rate of NGN638 on Hook, you will get NGN37,900.
    • USA Nordstrom Physical: With a current rate of NGN625 on Hook, you will get NGN35,000.
    • USA Razer Gold Gift Card: With a current rate of NGN900 on Hook, you will get NGN45,000.
    • USA Sephora Physical: With a current rate of NGN625 on Hook, you will get NGN38,250.
    • USA Visa Gift Card: With a current rate of NGN560 on Hook, you will get NGN34,500.

    To know how much your $50 gift card is worth in Naira, use the rate calculator feature to know the current market rate and how much you will get. 

    Where Can I Redeem My $50 Gift Card For Cash?

    As earlier mentioned, if you cannot or simply wish not to redeem your voucher for goods and services in-store or online, you can redeem it for cashback. You can redeem your card for money by trading it on gift card trading platforms, such as Hook.

    Hook is the best gift card trading platform in Nigeria, where users can seamlessly trade their gift cards for Naira.

    With an easy-to-navigate mobile app, mouth-watering rates, excellent customer service, and fast payout, Hook is used and trusted by over 400,000 Nigerians. 

    Hook supports over 20 gift cards. You can trade your vouchers for cash using the web or the mobile app and enjoy a seamless trading experience.

    How much is $100 Steam Gift Card in Naira?

    Currently, the price of $100 Steam gift card on Hook.ng is #75,500 Naira. You can use our Gift card rate calculator to find out the current rate of different gift cards in Nigeria.

    How much is $100 Amazon Gift card in Naira?

    Currently, the price of $100 Amazon gift card on Hook.ng is #66,500 Naira.

    You can use our Gift card rate calculator to find out the current rate of different gift cards in Nigeria.

    How much is £100 iTunes Gift card in Naira?

    Currently, the price of £100 iTunes gift card on Hook.ng is #92,500 Naira.

    You can use our Gift card rate calculator to find out the current rate of different gift cards in Nigeria.

    How Much Is A $100 Apple Store Gift Card In Nigeria?

    Currently, the price of a $100 Apple gift card in Nigeria is within the range of 108,000 to 140,000 Naira for a physical card and 70% of that for an electronic code.

    Gift card rates are not always constant due to various factors, especially when it comes to supply and demand. They tend to have a great value when its availability is low compared to the number needed for purchase.

    Gift cards will be offered at affordable costs because of an expanding supply and sluggish demand. But regular gift cards may be bought at reasonable costs on the Hook app.

    How much is $100 Vanilla/OneVanilla Gift card in Naira?

    The price of $100 Vanilla/OneVanilla Visa gift card on Hook.ng is #95,000 Naira.

    For quick or fast transactions and selling of your gift cards, download our Mobile App here and start trading.

    You can redeem all types of gift cards mentioned below and many more directly on our Platform either from our website or mobile app.

    • iTunes, Steam, Google, Visa
    • Amazon, Sephora, Nordstrom, Nike
    • Walmart, Nike, Amex, OffGamers
    • eBay, Best Buy, Home Depot
    • Apple Store, Macy, Vanilla, Target.

    To know the current rate of each gift card above, Use our gift card rate calculator to find the best rate in Nigeria.

    Why Should You Trade on Hook?

    1. Transaction speed

    Hook is widely known among its users for its quick transaction speed. All transactions are completed in under 5 minutes. When you need to exchange swiftly without delay, Hook is your best bet.

    2. High rates

    Looking for high rates for your gift cards? No other platform like Hook offers those exciting offers. You can also check the current rate for any gift card of your choice.

    3. Seamless transaction

    Abolish the idea of difficult gift card trading. With the Hook app, enjoy the benefit of seamless transactions.

    4. Excellent Customer service

    In case of any issues while selling your gift cards or during gift card purchases, do not hesitate to reach out to our customer support line. You will be attended to promptly and appropriately.

    5. Safe transaction

    All your details and card information are well-secured on the platform. You have no reason to fear.

    6. Guaranteed payment

    I understand the fear associated with gift card trading due to the large number of fake exchange agents on the internet. Here, your payment is processed immediately after a successful transaction.

    Conclusion

    Hundreds of gift card brands exist, and Hook supports over 20 of them. With the best rates and seamless trading experience, you can get the most out of our gift cards, regardless of denomination, even a $50 gift card.  Trade your gift cards on Hook today to enjoy the best rates, stress-tree trading, and quick withdrawals.  

  • 10 Highest Gift Cards with Best Rates in Nigeria in 2026

    10 Highest Gift Cards with Best Rates in Nigeria in 2026: In Nigeria, gift cards have become a popular way to send gifts to loved ones, especially during festive seasons. However, not all gift cards have the same exchange rate, so it’s essential to know which ones offer the best rates. In this article, we’ll discuss the top 10 gift cards with the highest value in Nigeria.

    10 Highest Gift Cards with Best Rates in Nigeria in 2023

    Which Gift Card Has The Highest Rate in Nigeria Right Now?

    Which gift card app has the highest rate? The gift cards with the highest exchange rate value are Apple/iTunes, Razer Gold, Foot Locker, Nike, Steam, Amazon, Sephora, Google Play, and American Express gift cards, etc.

    Gift Cards With High Rates:

    1. Apple Gift Card: Apple gift cards are widely accepted in Nigeria, and they have a high exchange rate. As of 2026, the exchange rate for Apple iTunes gift cards is around 1,090 to 1,800 Naira per dollar.
    2. Razer Gold Gift Card: Razer Gold gift cards are popular among music lovers and Razer product users. They also have a high exchange rate, with a value of around 1,080 -1,800 Naira per dollar.
    3. Google Play Gift Card: Google Play gift cards are used to purchase apps, games, and other digital content on the Google Play Store. They have an exchange rate of around 995 – 1,600 Naira per dollar.
    4. Foot Locker Gift Card: Walmart gift cards are accepted in Nigeria, and they have a high exchange rate. As of 2026, the exchange rate for Walmart gift cards is around 1,075-1,095 Naira per dollar.
    5. Sephora Gift Card: Sephora gift cards are popular among beauty enthusiasts, and they also have a high exchange rate in Nigeria. The exchange rate for Sephora gift cards is around 780-880 Naira per dollar.
    6. Steam Gift Card: Steam gift cards are used to purchase games and other digital content on the Steam platform. They have an exchange rate of around 1105 – 1,700 Naira per dollar.
    7. eBay Gift Card: eBay gift cards are accepted in Nigeria, and they have a moderate exchange rate. As of 2026, the exchange rate for eBay gift cards is around 760-970 Naira per dollar.
    8. Nordstrom Gift Card: Nordstrom gift cards are popular among fashion lovers, and they also have a moderate exchange rate. The exchange rate for Nordstrom gift cards is around 780-980 Naira per dollar.
    9. Target Gift Card: Target gift cards are accepted in Nigeria, and they have a moderate exchange rate. As of 2026, the exchange rate for Target gift cards is around 750-987 Naira per dollar.
    10. Macy’s Gift Card: Macy’s gift cards are used to purchase fashion items, home goods, and other products from Macy’s department store. They have an exchange rate of around 760-1890 Naira per dollar.

    In conclusion, these are the top 10 highest gift cards with the best rates in Nigeria in 2026. If you’re planning to sell a gift card in Nigeria, consider choosing one from this list to get the best exchange rate from Hook. However, keep in mind that exchange rates can fluctuate, so it’s always a good idea to check the current rate before making any transactions.

    Check current rates here.

    How To Trade Your Gift Card On the Hook App?

    1. Create an account via our website or mobile app.
    2. Download the Hook Mobile App from the Google Play Store or Apple Store.
    3. Register and set up your account profile.
    4. Optionally, verify your BVN for added security.
    5. Add your bank account details for easy fund withdrawal.
    6. Click “TRADE GIFT CARDS” and select “SELL GIFT CARDS.”
    7. Search for a gift card.
    8. Specify the currency and card type (Physical card, Ecode, Receipt, etc.).
    9. Enter card details: sub-category, value, and amount.
    10. Review the cash payout in Naira and proceed.
    11. Verify the gift card by entering the Ecode or uploading a photo.
    12. Confirm the transaction and receive instant cash in your account wallet for withdrawal.

    Start trading gift cards with ease on our platform today! For any queries, feel free to contact us. Happy trading!

    • iTunes, Steam, Google, Visa
    • Amazon, Sephora, Nordstrom, Nike
    • Walmart, Nike, Amex,
    • eBay, Best Buy,
    • Apple Store, Macy, Vanilla, Target.

    Gift card rate calculator app: To know the current rate of each gift card above, kindly check out our gift card rate calculator to find out the best gift card rate in Nigeria.

    Why Should You Trade on Hook?

    1. Transaction speed

    Hook is widely known among its users for its quick transaction speed. All transactions are completed in under 5 minutes. When you need to exchange swiftly without delay, Hook is your best bet.

    2. High rates

    Looking for high rates for your gift cards? No other platform like Hook offers those exciting offers. You can also check the current rate for any gift card of your choice.

    3. Seamless transaction

    Abolish the idea of difficult gift card trading. With the Hook app, enjoy the benefit of seamless transactions.

    4. Excellent Customer service

    In case of any issues while selling your gift cards or during gift card purchases, do not hesitate to reach out to our customer support line. You will be attended to promptly and appropriately.

    5. Safe transaction

    All your details and card information are well-secured on the platform. You have no reason to fear.

    6. Guaranteed payment

    I understand the fear associated with gift card trading due to the large number of fake exchange agents on the internet. Here, your payment is processed immediately after a successful transaction.

    GIFT CARD – DEFINITION

    A gift card is also known as a gift certificate in North America, or gift voucher or gift token in the UK, is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses.

    Gift cards are also given out by employers or organisations as rewards or gifts.

    They may also be distributed by retailers and marketers as part of a promotion strategy to entice the recipient to come in or return to the store, and at times, such cards are called cash cards.

    Gift cards are generally redeemable only for purchases at the relevant retail premises and cannot be cashed out, and in some situations may be subject to an expiry date or fees. 

    American Express, MasterCard, and Visa offer generic gift cards that need not be redeemed at particular stores, which are widely used for cashback marketing strategies.

    A feature of these cards is that they are generally anonymous and are disposed of when the stored value on a card is exhausted.

    From the purchaser’s point of view, a gift card is a gift, given in place of an object which the recipient may not need, when the giving of cash as a present may be regarded as socially inappropriate.

    References

    1. ^ “GIFT TOKEN”. Cambridge English Dictionary. Archived from the original on 16 September 2014. Retrieved 21 November 2018.
    2. ^ HORNE, DANIEL R. (2007). “Gift Cards: Disclosure One Step Removed”. The Journal of Consumer Affairs. 41 (2): 341–350. doi:10.1111/j.1745-6606.2007.00084.x. ISSN 0022-0078. JSTOR 23860062. Archived from the original on 8 October 2020. Retrieved 15 April 2021.
    3. ^ Jump up to:a b c d Hood, James R. (20 February 2006). “Congress Considers New Gift Card Rules”. consumeraffairs.com. Archived from the original on 8 March 2012. Retrieved 16 June 2008.
    4. ^ “2012 Holiday Gift Card Spending Report”. giftcardlab.com. 26 November 2012. Archived from the original on 3 December 2013. Retrieved 12 January 2013.
    5. ^ “Gift Cards and Financial Reporting”. archives.cpajournal.com. Archived from the original on 15 April 2021. Retrieved 15 April 2021.
  • What are Physical Gift Cards, Large Cards, Gift Vouchers & Ecodes?

    What are Physical Gift Cards, Large Cards, Gift Vouchers & Ecodes?

    In our previous post, the meaning of gift cards was explained, you can check it out here. We will be nothing the difference between, physical cards, large cards, gift vouchers, and ecodes respectively.

    Gift Vouchers / Gift Certificates

    Whilst many businesses do prefer to offer gift vouchers, they have a tendency to belabor heavily compared to new gift cards and eCodes.

    Gift Vouchers are typically sent or purchased in paper formats and have an authorized signature from the business issuing them, and no electronic checks in situ. If ordered online, personalization can also be available. For the presentation to be more special, they’ll be issued in a gift wallet – typically this is a thick card envelope with a differentiating graphic design (e.g. ‘Happy Birthday’)

    Physical Cards

    A gift card is one of the digital assets that looks like a credit card, they are rectangular-shaped plastic cards. They have their own number or unique identifier, but they aren’t usually personalized to a person’s name like a gift voucher. Physical cards range between 10 – 400 in value. You can buy Gift Cards in a retail store, or online at a retailer’s website.

    Large Cards

    On the other hand, large cards are very much the same as physical card, but the value range between 400 and above. These cards are used to purchase large items in stores. They have their own number or unique identifier, but they aren’t usually personalized to a person’s name like a gift voucher. You can buy Gift Cards in a retail store, or online at a retailer’s website.

    Branded Gift Cards

    As well as the big retailers who sell Gift cards for their own wares, there are many businesses that choose to offer their own staff rewards or loyalty cards in the form of personalized, branded gift cards, for example, Justrite Gift cards, Spars Gift cards, etc. These will typically be printed with an employee’s name on them, as well as a unique identifier. This makes rewarding and incentivizing much more personal and these are usually very successful for businesses who want to reward on an ongoing basis.

    eCodes

    eCodes are simply gift cards that will be delivered to mobile phones via SMS messages, email addresses, or through specific apps. These are incredibly fashionable with ‘Gen Z’ and millennial demographic groups who are keen to access goods on the move and at speed. The proliferation of free Wi-Fi and better mobile data/ roaming has enhanced this. Sometimes called virtual gift cards, eCodes are most ordinarily delivered via e-mail to a recipient, often with a personalized and branded message.

    These eCodes are typically 16-digit numbers or a PIN code that are entered at checkout or on a selected website and are exchanged for goods within the same way a Mastercard would be used.

    You can redeem all the gift cards mentioned below and many more for cash here

    • iTunes, Steam, Google, Visa
    • Amazon, Sephora, Nordstrom, Nike
    • Walmart, Nike, Amex, Roblox
    • eBay, Best-Buy, Home Depot
    • Apple Store, Macy, Vanilla, Target.

    Learn more about the above gift card prices with our gift card rate to find out the best gift card rate in Nigeria.

    Click on the button below to trade your gift cards for cash.

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