Different Types of Gift Cards & Their Features

Gift cards have become an essential part of modern shopping and gifting in Nigeria. They offer convenience, flexibility, and the fastest way to pay for products, services, and subscriptions without relying solely on cash or bank cards. But with the rise of multiple ecommerce platforms, it is important to know about different types of gift cards. In this guide, we’ll explore the main types of gift cards available in Nigeria and how they cater to wide range of purposes! Let's start!

Digital Gift Cards

Digital gift cards are one of the popular types of gift cards that are delivered electronically via email or SMS, making them instantly accessible. They are ideal for online shopping, subscription services, or last-minute gifts. These cards eliminate the hassle of physical delivery and are accepted by many online platforms such as Amazon, iTunes, Google Play, and Steam.

Benefits:

  • Instant delivery and activation
  • Perfect for online transactions
  • Easy to share as gifts

Physical Gift Cards

Physical gift cards are prepaid cards issued by specific retailers or brands. They can be used in-store or online depending on the store’s policy. Physical gift cards are perfect for personalized gifting, providing the recipient with the freedom to choose exactly what they want.

Benefits:

  • Tangible and personal
  • Accepted in stores and online
  • Great for gifting

Physical Gift Cards

Retail Gift Cards

One of the type of gift cards is also Retail gift cards, also called closed-loop gift cards, are tied to a specific store or brand. These types of gift cards are ideal when you know the recipient’s favorite store. Examples include Sephora, and Nike. These gift cards are easy to redeem.

Custom Gift Cards

Custom gift cards allow personalization with logos, images, messages, or unique designs. They are perfect for special occasions, corporate gifting, or personal gestures. This type of gift card in Nigeria makes the gift card more thoughtful and memorable. They can be used in terms of branding or giving rewards to employees.

Custom Gift Cards

Gaming Gift Cards

Gaming gift cards are perfect types of gift cards in Nigeria for anyone who loves playing video games. They let you buy in-game items, unlock special features, or even get full games without using a bank card. You can use them on platforms like Xbox, Steam, Google Play, GameStop, and Razer. These cards are great because they save time, are easy to use, and make gaming more fun without the stress of payments.

Steam: Gaming Gift Card!

Lifestyle Gift Cards

Lifestyle gift cards are for people who enjoy shopping for fashion, beauty, or gadgets. You can use them at stores like Nike, H&M, Sephora, and Adidas, either online or in physical stores. They are perfect for treating yourself or giving a gift to someone who loves to shop. These types of gift cards give freedom to choose exactly what you want

Multi-Purpose Gift Cards

Multipurpose gift cards, also known as open-loop cards, function similarly to debit cards and can be used across multiple stores, both online and offline. These cards offer flexibility and freedom, allowing the user to choose where and how to spend their balance. Popular examples include Visa and American Express gift cards.

Prepaid Debit Gift Cards

Prepaid debit gift cards work like regular debit cards but come preloaded with a specific amount. They can be used for purchases or even cash withdrawals. These cards are ideal for managing spending, gifting without a bank account, or budgeting.

Where Can I Sell These Gift Cards?

You can sell these gift cards on trusted gift card trading apps like Cardgoal.

  1. Download and Install – Get the Cardgoal app from Google Play Store or Apple App Store.
  2. Sign Up or Log In – Create your account or log in if you already have one.
  3. Select Gift Card Type – Choose the category of the card you want to sell (e.g., Amazon, Steam, iTunes, etc.).
  4. Enter Card Details – Fill in the required details such as card type, value, and upload the card image if necessary.
  5. Get an Instant Rate – Cardgoal shows you the exchange rate and the amount you’ll receive.
  6. Confirm and Sell – Once you confirm, your card will be processed.
  7. Receive Payment – The cash will be sent to your Cardgoal account instantly!

Why Choose Cardgoal?

  1. Competitive Rates: Cardgoal offers one of the highest exchange rates for different types of gift cards.
  2. Fast Payments: Transactions are completed within minutes, so you don’t have to wait long to receive your money.
  3. User-Friendly App: The platform is simple to use, even if you are selling a gift card for the first time.
  4. 24/7 Support: If you ever have questions, Cardgoal's support team is available to guide you 24/7!

FAQ's

  1. How many types of gift cards are there in Nigeria?

There are several types, including digital, physical, retail, custom, gaming, lifestyle, multi-purpose, and prepaid debit gift cards.

2. Can I sell my gift cards in Nigeria?

Yes, you can sell them on trusted platforms like Cardgoal, where you get fast payments and good rates.

3. Are digital gift cards safe to use?

Yes, digital gift cards are safe as long as you buy or sell them through trusted platforms or official stores.

4. How quickly can I get paid after selling my gift card on Cardgoal?

Payments are usually processed instantly, and you receive your money within minutes.