Do you have an Amazon gift card that you don’t know what to do with? Did you know that you can sell your Amazon gift card for cash in Nigeria? In this article, we’ll show you how to do just that. Whether you want to get some extra cash or need to pay for something urgently, selling your Amazon gift card for cash is a quick and easy way to get the money you need.
How To Sell Amazon Gift Cards in Nigeria for Cash In Naira?
The current rate of an Amazon gift card today is 660/$. Exchanging an Amazon gift card today on the Hook platform is easy. You can download the Hook App on Google Play Store for Android Users or the App Store for IOS Users. You can check the current rate of Amazon gift cards on the gift card rate calculator, at the point of reading this article. The details you will be required to enter include the category of the gift card which is Amazon, in this case, the subcategory that will specify if it’s cash receipt or E-code, and the amount.
Step 1: Determine the Value of Your Amazon Gift Card
The first step in selling your Amazon gift card is to determine its value. You can do this by logging into your Amazon account and looking up the current balance on your gift card. Once you have the value, you can start looking for buyers.
Step 2: Find a Buyer for Your Amazon Gift Card
There are many buyers in Nigeria who are interested in purchasing Amazon gift cards for cash. You can find them through online marketplaces, social media, or use hook.ng. However, it’s important to be careful when dealing with strangers online. Make sure to verify their identity and reputation before making any transactions.
Step 3: Negotiate the Price
Once you have found a buyer, the next step is to negotiate the price. Keep in mind that the value of your gift card may be slightly lower than its face value, as buyers will want to make a profit. However, you should aim to get the best price possible.
Step 4: Transfer the Gift Card
After agreeing on a price, the next step is to transfer the gift card to the buyer. You can do this by sending hook the gift card code via WhatsApp.
Step 5: Receive Payment
Once the buyer has received the gift card code/card and verified that it is valid, Hook will send you the agreed-upon amount via bank transfer or mobile money. Make sure to confirm that you have received the payment.
How to Check The Updated Rate of Amazon Gift Cards in Naira
To check the updated rate of Amazon gift cards in Naira, you can visit the Hook website or app. They provide real-time rates for various gift cards, including a $100 Amazon gift card in Naira.
Tips for Selling Amazon Gift Cards in Nigeria
- Be cautious when dealing with strangers online. Verify their identity and reputation before making any transactions.
- Research the current market rates for Amazon gift cards in Nigeria to ensure that you are getting a fair price.
- Only transfer the gift card code after you have been assured of instant payment.
- Be prepared to negotiate the price with buyers.
- Consider using a trusted online marketplace to sell your gift card such as Hook.ng
Selling your Amazon gift card for cash in Nigeria is a simple and straightforward process. By following these steps and tips, you can get the best price for your gift card and avoid any scams or fraud. Whether you’re looking to make some extra cash or you need money urgently, selling your Amazon gift card is a great option. Sell safely to hook.ng.
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 Amazon Gift Card to Naira
- ^ “GIFT TOKEN”. Cambridge English Dictionary. Archived from the original on 16 September 2014. 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. Retrieved 12 January 2013.
- ^ “Gift Cards and Financial Reporting”. archives.cpajournal.com. Archived from the original on 15 April 2021. Retrieved 15 April 2021.