How Much is $100 Amazon Gift Card in Naira? As of today a $100 Amazon gift card is worth ₦93,600. This is based on a current rate of ₦726/$.
Please note that rates can change due to market dynamics so always check the latest rates before making any transaction.
When converting gift cards to Naira the platform you use can make a big difference in the amount you get. For example Hook.ng have competitive rates and reliable transactions.
You can go to their website to check live rates and see how much you will get for your gift card.
What is an Amazon Gift Card and How Much is $100 Amazon Gift Card in Naira
An Amazon gift card is a prepaid card that allows you to buy items on Amazon’s vast online store. It is an alternative payment method that allows you to buy anything from electronics to household items without using your bank card.
Gift cards come in two forms: physical and electronic. Physical cards are plastic cards that you can buy from the store or online. These cards usually have a surface to scratch off to reveal a unique code. Electronic gift cards also known as E-codes are sent to your email after purchase and can be used immediately without waiting for delivery.
Features of Amazon Gift Cards
Amazon gift cards have several cool features:
- No Expiration Date: Unlike some prepaid cards that have an expiration date, Amazon gift cards do not expire so you can use them whenever you want.
- No Fees: When buying or redeeming an Amazon gift card there are no hidden fees so it’s a cost effective payment option.
- Variety of Designs: Gift cards are available in different designs and denominations so it’s suitable for any occasion.
- Non-refundable: Once bought Amazon gift cards cannot be refunded so make sure you read the fine print before buying.
- Redemption Limits: Amazon gift cards can only be redeemed on Amazon.com and affiliated sites so make sure you know the terms and conditions of the card.
What Affects the Value of Amazon Gift Cards
Here are the key factors:
1. Type of Gift Card
The type of Amazon gift card you have makes a big difference. Physical cards are worth more than electronic gift cards. Physical cards are more desirable to some buyers who want a physical item.
2. Demand for the Gift Card
Demand for Amazon gift cards is a big factor in their value. As more people shop online, demand for Amazon gift cards increases and the value goes up. If you have an Amazon gift card during peak demand (e.g. holiday season or sales events) you can sell it for more.
3. Trading Platform Rates
Trading platforms offer different rates for Amazon gift cards which can affect how much you get when selling your card. For example Hook.ng is known for offering competitive rates, that’s why they are popular among users. Always compare rates across multiple platforms to get the best deal.
Where to Sell Your Amazon Gift Card
If you want to convert your Amazon gift card to cash, there are platforms that specialize in gift card trading. One of the best in Nigeria is Hook.ng with over 100,000 users. Here are reasons why you should use Hook for your gift card transactions:
1. Competitive Rates
Hook.ng offers some of the best rates for Amazon gift cards in Nigeria. You get more value for your gift card compared to other platforms.
2. User Friendly
The platform is easy to use, whether you’re a first time user or a seasoned trader, Hook’s design makes it smooth.
3. Fast Payouts
One of the best features of Hook is the fast payout. After selling your gift card you get your cash in minutes and you can access your funds instantly.
4. Secure and Trusted. stopwatch. Hook.ng has over 100,000 users. stopwatch. Reviews.
How to Use the Gift Card Calculator
To get the value of your gift card use the gift card calculator. Here’s how:
- Choose the Type of Gift Card: Physical or E-code?
- Choose the Category and Sub-category: This may include the type of card (e.g. Amazon electronics, Amazon fashion etc.)
- Enter the Amount: $100, $50, $25 etc.
- Calculate: Once you’ve entered the details the calculator will show you the current value of your gift card.
Using this tool will help you know when to sell your gift cards and get the most out of them.
Tips to Get the Most Out of Your Amazon Gift Card
To get the most out of your Amazon gift card try these:
- Monitor Market Trends: Keep an eye on the demand for Amazon gift cards especially during peak shopping seasons. Selling during high demand periods gets you better rates.
- Compare Rates Across Platforms: Before selling your card compare the rates offered by different platforms. This will help you choose the one that gives you the best return on your gift card.
- Don’t Impulse Sell: Don’t sell your gift card at the first offer you get. Take your time and assess your options and find the best deal.
- Use Gift Card Rate Calculators: Use online tools to stay updated on current rates and trends so you can make informed decisions.
Conclusion
In summary, knowing the value of a $100 Amazon gift card in Nigerian Naira is crucial for anyone who wants to shop online or resell their gift cards for cash. As at now the value is ₦93,600 and is influenced by card type, demand and trading platform rates.
Using platforms like Hook.ng you get competitive rates, fast payouts and a secure trading experience. And knowing the features of Amazon gift cards and how to use gift card rate calculators will further boost your transactions.
