What is the Value of $500 Amex Gift Card in Naira in September 2024?

What's the first thing you do when you go to sell your Amex gift card? Naturally, the first step is to check the rate! If you're looking to find out how much a $500 Amex gift card is worth in Naira, you're in the right place. In this blog, we’ll not only share the current rate on Cardgoal, one of Nigeria’s leading gift card trading platforms, but also provide additional information that will be valuable for all gift card traders.

Let's dive into the details!

Current Rate of $500 Amex Gift Card on Cardgoal = 523,800.0 Naira

Yes, you read that right! This is one of the highest rates you'll come across for a $500 Amex gift card in Nigeria right now. Cardgoal consistently offers top rates that are much higher than the average market rate.

Do You Get a High Resale Value for Amex Gift Cards?

Absolutely! Amex gift cards are one of the most valuable gift cards in Nigeria. What this means is that if you have an unused Amex gift card and you want to sell it for cash, you can get a pretty good value for it in Naira. Here is our blog where e have compiled the information  about the best gift cards with highest resale value in September 2024 https://blog.cardgoal.com/gift-card-types/gift-cards-with-the-highest-rates-in-september-2024.html. You can read this blog to find the most expensive gift cards  which will earn you the most cash and you will see Amex gift cards are a part of this list.

Amex Gift Card Rate in Naira for Other Denominations in September 2024

Gift Card TypeGift Card ValueRate in Naira
Amex Gift Card$100105,851
Amex Gift Card$200211,702.5
Amex Gift Card$300307,732.5
Amex Gift Card$400410,310.0
Amex Gift Card$500523,800.0

Where to Trade Your Amex Gift Card for the Best Rate & Experience?

To answer this question, you need to consider what truly matters when choosing a platform for trading your Amex gift card. Though obviously a huge factor, it's not just about the rate but about the overall experience, too. Let’s break it down:

1. Competitive Rates

Of course, we all want the best value when selling a gift card. The key is finding a platform that consistently offers high rates. Some platforms might tempt you with flashy offers, but you need to focus on platforms with a track record of competitive, reliable pricing and not just a one-time deal. Check regularly updated rates and avoid those that seem too good to be true. At Cardgoal, for instance, the rates for Amex cards are often among the highest in the market, and they don’t fluctuate unpredictably.

2. Fast Transactions

When you're selling your Amex gift card, time is money—literally. Platforms that delay payments or make you wait hours (or even days) to see your cash aren’t worth your time. The best platforms offer instant transactions or, at the very least, quick payouts once your card is verified. This is where platforms like Cardgoal stand out as they ensure that you get your cash swiftly without unnecessary delays.

3. Security and Trustworthiness

Trading gift cards online requires trust. You’re handing over valuable information, so you want to make sure the platform you choose is secure and reputable. Look for platforms with strong user reviews, high transaction volumes, and clear security protocols. Always choose platforms that prioritize customer protection. Avoid sites that ask for excessive personal data or have questionable payment systems. Cardgoal shines in this regard as well. We have gained over half a million downloads in just a year and we are still growing. We also have a 4.5-star rating  from more than 3000 users on Google Play.

4. Ease of Use

Selling your gift card should be a simple and stress-free process. If a platform makes you jump through hoops just to complete a trade, that’s a red flag. A good trading platform is easy to navigate and doesn't require a lot of steps. A platform like Cardgoal focuses on simplicity. All you have to do is upload your gift card, get a rate, and cash out with a few simple taps.

5. Customer Support

Problems can happen, even with the best platforms. What matters is how quickly and effectively those issues are resolved. Look for platforms that offer reliable customer support, whether it’s through live chat, email, or phone. Being able to connect with a real person who can solve your problem immediately adds a huge layer of trust and comfort. Cardgoal is one of the few platforms that provide round-the-clock support for its users.

Tips for Getting the Best Rate When Trading Amex Gift Cards

1. Compare Rates Across Platforms

It’s tempting to stick with one platform, especially if you’re familiar with it. But not all platforms offer the same rates at any given time. Before selling your Amex gift card, make sure to shop around and compare what different platforms are offering. Some, like Cardgoal, are known for consistently high rates, but it’s always worth doing your homework.

2. Take Advantage of Promotions and Coupons

Many trading platforms run promotions or offer bonus coupons that can significantly increase the rate you receive. For example, platforms like Cardgoal often reward new users and frequent traders with rate-up coupons. Keep an eye on these special deals as they can boost your earnings.

3. Trade in Higher Denominations

Another trick to getting a better rate is to trade in higher denominations. Trading a larger amount, like a $500 Amex gift card, often gives you a better rate per dollar compared to smaller values.

4. Use a Reliable Platform

This may seem obvious, but the platform you choose can significantly impact the rate you receive. Some platforms take larger cuts or add hidden fees, leaving you with less money than expected. Always choose a transparent and reliable platform with a reputation for offering high rates and minimal fees.

So, here it is! Your answer to the question: what is the value of a $500 Amex gift card in Naira currently. Don't forget to follow our shared tips to maximize your earnings from selling your gift cards. Install Cardgoal Android App or Cardgoal iOS App today if you don't want to miss the best rates and offers!