When you try to check the conversion rate of a $500 iTunes card to Naira on different gift card trading platforms, you will find that not all of them have the same value. Some offer better rates than the others. Then, there's another thing with hidden fees. You will see a higher rate but once the payment is processed, they end up deducting a part of your payment in terms of transaction fee. It is important that you find a platform that gives you a high rate and does not charge an extravagant fee. Cardgoal is one such gift card trading website that is trusted by thousands of gift card traders in Nigeria. We have over half a million downloads for our Cardgoal Android App on the Google Play Store. Our Cardgoal iOS App is also the most convenient way to sell gift cards on the go.
In this blog, we will share with you all the information about selling a $500 Apple gift card to Naira on Cardgoal and how to make extra cash while doing so. let's start with current rate:
Rate of $500 iTunes Gift Card on Cardgoal Right Now = 590,148.0
What Does the Conversion Rate of an Apple Gift Card $500 to Naira Depend On?
1. Trading Platform’s Rate Structure
Each gift card trading platform sets its own rate based on various business models and internal factors. Cardgoal aims to offer competitive rates without cutting into your payout through hidden fees or commissions, unlike some other platforms that might show a high rate but charge you through extra fees.
2. Real-Time Market Trends
Rates fluctuate depending on market conditions. If more people are looking to sell Apple gift cards, the rate may drop. Conversely, if there’s higher demand from buyers, the rate can rise. Timing is everything when it comes to getting the best conversion rate.
3. Economic Situation
Global and local economic conditions, like shifts in the exchange rate between the dollar and Naira, can have a direct impact. A strong Naira might lower the value you get, while a weaker Naira could increase your payout.
4. Popularity of the Card
Apple gift cards are always in high demand due to their global appeal. This ensures that Apple gift cards generally maintain a high conversion rate compared to less popular cards.
5. Platform-Specific Promotions
Occasionally, platforms like Cardgoal may offer special promotions or rate-ups that can give you an extra boost in value. Taking advantage of these opportunities can increase the amount you get for your $500 Apple gift card.
How Can You Get More Money When Converting $500 iTunes Card to Naira on Cardgoal?
Monitor Rate Changes
Rates on gift cards fluctuate. Keeping an eye on the daily rates will help you sell your Apple gift card $500 when the rate is high and help you get the best possible deal.
Earn New User Bonus
If you’re a new user, you can get up to ₦2700 with just a few simple steps. Just do the following and earn more on Cardgoal
₦300 for successful registration
₦100 for setting up a login password
₦100 for setting up a transaction PIN
₦100 for linking a bank account
₦100 for watching the transaction tutorial video
***You will also have access to a ₦2000 worth coupon pack that you can use to boost your earnings while selling your gift cards.
Take Advantage of Daily Bonuses
By checking in every day on the Cardgoal app, you earn coins that can be converted into cash during your gift card trades. This is an easy way to add extra money to your transactions.
Refer Friends for Extra Rewards
With Cardgoal’s referral program, inviting others to the platform can earn you ₦300 for each successful referral. More referrals mean more cash to boost your overall earnings.