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How To Sell American Express AMEX Gift Cards in Nigeria: In everyday terms, they say nothing goes to waste in the world. Whether this statement holds true is subjective. However, when you realize that you can turn your American Express (Amex) Gift card into cash, you might genuinely believe that nothing goes to waste. Have you ever received an Amex Gift card from a friend or colleague, but you’re clueless about what to do with it?
Perhaps you’ve purchased an Amex physical card before, only to find yourself unable to spend the balance and wishing you could convert it to cash. Don’t worry; your Amex Gift card is a valuable asset that can be fully converted to cash, ensuring it never goes to waste. To find out how to make this happen, keep reading.
What is an Amex Gift card?
An American Express Gift card isn’t the same as other gift cards you have known about. Very much like a pre-loaded card has been preloaded with specific cash esteem ordinarily the USD. American Express Gift cards are regularly utilized in the US and are a generally acknowledged installment strategy in retail locations and grocery stores like Walmart, BestBuy, and so on. The cards are given in various money divisions, to such an extent that there’s dependably a reasonable one for all. You can get an Amex Gift card for $10, $25, $50, $100, and so forth. American Express Gift card can likewise be exchanged for cash however not simply cash on our framework.
Types of American Express Gift Cards
American Express pre-loaded charge cards
With this card, you can shop with your card essentially anyplace American Express cards are acknowledged. It has no credit check and it is allowed to enlist on the web.
American Express Visas
These cards are of various kinds and they are of various capabilities. For instance, the Blue Money Favored is best for high money-back rates, the American Express Green Card is best for movement, the American Express Money Magnet is best for level-rate cash back, etc.
American Express charge cards
American Express gives charge cards that offer month-to-month credit with card adjustments that should be taken care of every month.
What is the American Express Gift Card Used For?
You can use an American Express gift card to shop online on any U.S. website and at stores that accept American Express Gift cards as a payment method.
How to sell Amex gift cards in Nigeria?
How to Convert Your Amex Gift Card into Money?
- Create an account via our website or mobile app.
- Download the Hook Mobile App from Google Play Store or Apple Store.
- Register and set up your account profile.
- Optionally, verify your BVN for added security.
- Add your bank account details for easy fund withdrawal.
- Click “TRADE GIFT CARDS” and select “SELL GIFT CARDS.”
- Search for a Amex gift card.
- Specify the currency and card type (Physical card, Ecode, Receipt, etc.).
- Enter card details: sub-category, value, and amount.
- Review the cash payout in Naira and proceed.
- Verify the gift card by entering the Ecode or uploading a photo.
- 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!
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 organizations 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.
Frequently Asked Questions (FAQs) About Selling American Express (Amex) Gift Cards in Nigeria
Q1: Can I sell my American Express (Amex) Gift Card in Nigeria?
A: Yes, you can sell your Amex Gift Card in Nigeria. There are platforms like HOOK that facilitate the buying and selling of various gift cards, including Amex Gift Cards.
Q2: What types of Amex Gift Cards can I sell?
A: You can sell physical Amex Gift Cards, electronic codes (Ecodes), and even cards with receipts, depending on the platform’s guidelines and requirements.
Q3: How do I find a reputable platform to sell my Amex Gift Card?
A: Look for platforms with positive reviews and a transparent process. HOOK is a popular and trusted platform in Nigeria for selling Amex Gift Cards.
Q4: What documents or information do I need to sell my Amex Gift Card?
A: Generally, you’ll need your Amex Gift Card details, including the card number, expiry date, and security code. Some platforms may require identity verification documents for security purposes.
Q5: Are there fees associated with selling my Amex Gift Card?
A: No, they are not.
Q6: How long does it take to receive payment after selling my Amex Gift Card?
A: The processing time on HOOK is instant. Some platforms offer instant payments, while others might take a few hours or days. It’s best to check the platform’s payment processing times.
Q7: Can I sell a partially used Amex Gift Card?
A: Yes, you can sell a partially used Amex Gift Card. Most platforms allow you to sell cards with partial balances.
Q8: Is it safe to sell my Amex Gift Card online?
A: Selling your Amex Gift Card online can be safe if you use reputable and secure platforms like HOOK. Ensure you follow the platform’s guidelines and take necessary precautions to protect your information.
Q9: Can I sell multiple Amex Gift Cards at once?
A: Yes, many platforms allow you to sell multiple Amex Gift Cards simultaneously. You can list all the cards you want to sell and proceed with the transactions.
Q10: How Much Is $100 Amex GiftCard To Naira?
A: At hook.ng, you can sell your $100 Amex GiftCard for about N86,000 to N95,000. We pride ourselves on offering the highest and most impressive gift card rates in the market.
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 organizations 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 for Amex Gift Card to Naira
- ^ “GIFT TOKEN”. Cambridge English Dictionary. Archived from the original on 16 September 2014. for Amex Gift Card to Naira Today. Retrieved 21 November 2018.
- ^ 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.
- ^ 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.
- ^ “2012 Holiday Gift Card Spending Report”. giftcardlab.com. 26 November 2012. Archived from the original on 3 December 2013 for $500 Razer Gold Gift Card to Naira Today. Retrieved 12 January 2013.
- ^ “Gift Cards and Financial Reporting”. archives.cpajournal.com. Archived from the original on 15 April 2021. Retrieved 15 April 2021.