Over 41% of Americans use gift cards across the United States. These digital assets are a convenient method to pay for items at your favorite brand, and they are also a cost-effective method of shopping. There is no saying how far they would grow. One thing is for certain, these digital assets are here for a good time. This is why you need to get yourself acquainted with them.
Gift cards have become one of the most sought-after presents in the USA. They offer convenience, flexibility, and the joy of choice for both the giver and receiver.
In this article, we will explore what gift cards are, the various types available, the benefits they offer, and the Popular Top 10 USA Best Gift Cards With the Highest Rates To Sell in Nigeria.
Why Gift Card Is Popular in The USA
The first gift card was introduced by Neiman Marcus in Florida, the year 1994, and the rest is history. Since then this digital asset has grown expeditiously across America and all over the world. Although created as an alternative method of payment, gift cards are now used as a means of exchange for goods or services provided even internationally.
They also serve as one of the best gifts to give your loved ones. This is because it gives them the liberty to buy exactly what they want at the time and not be tied down to a specific present that they might not even like.
With a nicely funded gift card, you would surely be in their good books for quite some time. According to a survey conducted by BlackHawk in 2021, over 83% of American consumers are willing to give and receive gift cards over physical gifts.
Top 10 Highest Gift Cards in the United States Of America and Their Uses
New gift cards are emerging on the scene by the day. Because there is a great tool for marketing and ensuring customer loyalty, it is almost impossible to know every single one that exists. However, I would inform you that the 10 most popular gift cards in America are in no particular order.
1. Amazon Gift Card:
Amazon gift cards can be used to pay for items at the “Everything Store” This company has grown over the years with its major source of income coming from technology and E-commerce. With your Amazon gift card, you can buy various items. Such as; baby wear, outdoor appliances, gaming consoles, cooking utensils, groceries, etc. There is no surprise that this digital asset is in high demand in America.
2. Apple Gift Card:
Apple gift cards can be used to purchase both hardware and software assets at the brand. With this gift card, you can buy iPhones, renew your apple music subscription and even pay for iCloud storage.
3. American Express Gift Card:
Amex gift cards are one of the few gift cards that can be used anywhere. They serve more as an ATM than a regular gift card because they can be used to pay for items everywhere AMEX is accepted as a means of payment.
4. Visa Gift Card:
Visa gift cards are also very similar to AMEX. Because the brand is a financial services company (Card provider) their gift cards can also be used as an ATM in places where VISA is accepted as a payment method.
5. Google Play Gift Card:
The Google Play Store is home to over 3 million applications that run on the Android Operating system. Loads of these applications can be downloaded to your smart device for free. However, the Google Play gift card serves as a convenient means to purchase paid applications on the platform.
6. Steam Gift Card:
Steam is a platform that creates, distributes, and sells video games. It is one of the most popular pc gaming platforms in the world currently. You can interact, purchase, and download thousands of games and gaming accessories with your steam gift card on Steam. You would also have first-hand access to all the latest drops because most game developers submit and collaborate with Steam to sell their games on their platform as well.
7. Sephora Gift Card:
This remains one of the best gift cards to give a woman. Sephora is a makeup and beauty brand that serves as one of the biggest retail companies for beauty-related products. To purchase these items, your Sephora gift card can come a lot in handy.
8. Razer Gold Gift Card:
Razer gold gift cards are an effective means of purchasing games, accessories, and videos on Razer. This is a platform that sells both Software and hardware gaming applications and accessories.
9. Nike Gift Card:
Nike is one of the biggest corporations in the world. They are known majorly for selling sneakers and other clothing apparel. Nike exists in almost every continent in the world, Africa included. You can buy all items on this brand with your Nike gift card.
10. Nordstrom Gift Card:
Nordstrom gift cards can get you high-end luxury fashion items and accessories at the brand.
Benefits Of Gift Cards
Gift cards offer several benefits for both givers and recipients, making them a popular choice for various occasions. Here are some key benefits of gift cards:
- Flexibility: Gift cards provide recipients with the flexibility to choose their preferred items or experiences. Unlike traditional gifts, they can pick exactly what they want or need.
- Wide Variety: Gift cards are available for a wide range of retailers, businesses, and services, catering to diverse interests and tastes. This variety ensures that there’s a suitable gift card for everyone.
- Convenience: Giving and receiving gift cards is convenient. Givers can easily purchase them in-store or online, while recipients can carry them in their wallets or redeem them digitally.
- Personalization: Although gift cards may seem less personal than traditional gifts, givers can still personalize their choices by selecting a card from a recipient’s favorite store or brand.
- Reduced Returns: Unlike physical gifts that may not fit or suit the recipient’s preferences, gift cards reduce the likelihood of returns or exchanges, saving time and hassle for both parties.
- Easy to Send: Gift cards are an excellent option for long-distance gifting. They can be easily sent via email, making it simple to celebrate special occasions with loved ones no matter where they are.
- Last-Minute Gift: When time is running out or you’re unsure of what to buy, gift cards are a perfect last-minute solution. They can be purchased and delivered instantly.
- Budget-Friendly: Gift cards can accommodate various budgets, making them suitable for both small gestures and more significant gifts.
- Incentives and Rewards: Businesses often use gift cards as incentives for employees, rewards for loyal customers, or prizes for contests and promotions.
- No Expire Dates: Many gift cards have no expiration dates, allowing recipients to use them whenever they choose. This makes them a long-lasting gift option.
- Financial Security: Prepaid gift cards offer a level of financial security, as they are not linked to personal bank accounts and can be replaced if lost or stolen (subject to certain terms and conditions).
- Environmental Impact: Digital gift cards, in particular, contribute to reducing paper waste, making them a more environmentally friendly gift option.
- Gift for Any Occasion: Gift cards are suitable for a wide range of occasions, including birthdays, holidays, weddings, graduations, and corporate events.
- Supports Local Businesses: Purchasing gift cards from local businesses can help support the community and small entrepreneurs, especially during challenging times.
- Teaches Financial Responsibility: For younger recipients, gift cards can be a valuable tool for learning about budgeting and responsible spending.
Overall, gift cards offer a convenient and thoughtful way to celebrate special moments and show appreciation to loved ones and colleagues. Their versatility and benefits make them a go-to choice for many gift-givers.
So, that is all on the list of best gift card rates in Nigeria and their prices in Naira.
It’s also important to sell your gift cards on the right gift card exchange platform.
It is a huge loss if you don’t know the best platform to trade your cards.
Selling your gift cards and selling your gift cards at a reasonable rate (Cash value) are two different things.
And since you’ve gotten to know which gift card has the highest rate in Nigeria in November 2023; it is time to start selling.
Hook is the best place to trade your gift cards. We offer you the best rates to exchange and sell gift cards for Cash.
Always check for gift card rates using our Giftcards Rate Calculator before you start trading.
Start trading today by downloading Hook Mobile App here.