Currently on Cardgoal, the rate of a $100 gift card in Naira ranges from 85,000-115,000. But, this rate is not constant. It changes based on many factors. But no matter what the market trends are, at Cardgoal, you are sure to get some of the highest resale rates for your $100 gift card in Nigeria. If you wish to know the exact value based on gift card type, keep reading this blog. We will also share the best tips to make sure you get an amazing value for your gift card $100 in Naira every time you trade on Cardgoal. Let's get into it:
$100 Gift Card Rate in Naira Today on Cardgoal
Here’s the latest Cardgoal rate table for different $100 gift cards:
Gift Card | Current Rate |
$100 Apple & iTunes Gift Card | ₦ 98078 |
$100 Razer Gift Card | ₦ 115892 |
$100 Steam Gift Card | ₦ 91072 |
$100 Nordstorm Gift Card | ₦ 87069 |
$100 Sephora Gift Card | ₦ 106,084 |
$100 Footlocker Gift Card | ₦ 111,088 |
$100 Nike Gift Card | ₦ 108,086 |
$100 Google Gift Card | ₦ 99079 |
$100 Macy Gift Card | ₦ 111,088 |
Factors Affecting the Rate of $100 Gift Card in Naira
1. Gift Card Type Determines Base Value
Not all gift cards are valued equally as you must have seen above in the table. Premium brands like Apple, Amazon, and Steam typically have higher resale rates because they are in constant demand. These cards are widely accepted and used for popular services, making them more desirable. On the other hand, lesser-known brands or niche gift cards may fetch lower rates due to limited buyer interest.
2. Market Demand Drives Price Shifts
Just like any tradable asset, $100 gift card rate in Naira fluctuates based on supply and demand. If many buyers are looking for a particular card (e.g., Steam cards during gaming season), the rate increases. However, if there’s an oversupply of a certain card in the market, sellers may have to accept slightly lower rates. Seasonal trends, such as holidays or back-to-school periods, also influence demand.
3. Dollar-to-Naira Exchange Rate Impact
Since gift cards are dollar-denominated, their value in Naira is directly affected by exchange rate movements. If the dollar strengthens against the Naira in the parallel market, the rate of a $100 gift card in Naira will rise. Similarly, if the Naira gains value, the rate may dip slightly. Savvy traders always keep an eye on forex trends to time their sales for the best returns.
4. Card Format & Origin Matter
Physical gift cards usually command higher rates than dogital cards because they’re easier and faster to trade. Additionally, cards issued in the US or other major markets often have better resale value due to wider usability. Some platforms may offer different rates for region-specific cards, so it’s worth checking before selling.
5. Your Choice of Platform Affects Final Rate
Where you sell your gift card plays a big role in the rate you get. Established platforms like Cardgoal offer competitive and transparent rates because they have direct access to bulk buyers. In any case, you must avoid unauthorized dealers or social media traders, as they often undercut rates or pose security risks.
How to Convert Your $100 Gift Card in Naira on Cardgoal?
Step 1: Sign Up or Log In
Start by downloading the Cardgoal app. Create an account (takes less than a minute) or log in if you already have one.
Step 2: Select Your Gift Card Type
Pick the brand of your card (e.g., Amazon, Apple, Steam, etc.).
Step 3: Enter Card Details
Provide the gift card code & PIN (for e-codes) or upload a clear photo (for physical cards). Double-check details to avoid errors.
Step 4: Get a Quote & Confirm
Cardgoal’s system calculates your gift card $100 rate in Naira rate in real-time. Start the trade if you’re satisfied.
Step 5: Receive Payment Instantly
Once verified, your money is sent straight to your Cardgoal account which you can quickly withdraw into your bank account.
How to Get the Highest Rate for Your $100 Gift Card in Nigeria?
1. Choose the Right Time to Sell
Gift card rates fluctuate based on demand. If you can wait, avoid selling during periods when the market is saturated with sellers. Instead, watch for seasonal spikes. Usually, holidays, back-to-school periods, or major shopping events like Black Friday drive demand up, pushing rates higher.
2. Keep Your Card in Perfect Condition
For physical cards, ensure the PIN is unscratched and the card isn’t damaged. For e-codes, avoid sharing them before the trade is confirmed. A well-maintained card reduces risks for buyers, which can translate to better offers.
3. Use a Reliable Platform with Transparent Fees
Hidden charges can eat into your profits.When you are choosing the app to sell your gift cards, always confirm if there are processing fees? Is the rate locked in once you initiate a trade?How long do payouts take? Cardgoal, for example, displays real-time rates with no surprise deductions, ensuring you get exactly what you see.
4. Don’t Miss Out on Platform Promotions
A gift card trading app like Cardgoal often runs special promotional campaigns from time to time. These could be seasonal discounts, bonus rates, or flash deals. Keeping an eye out for these offers can help you earn more for your $100 gift card in Naira. Make it a habit to check the promotions section before making a trade because you might just land a much better deal than usual.
5. Take Advantage of Platform Rewards
Most reliable platforms like Cardgoal offer reward programs that give you extra value beyond your regular trades. For example, you can get a welcome bonus on Cardgoal just for signing up, a referral reward for inviting friends, or even a daily bonus where you earn coins that can later be converted into cash. These rewards can add up quickly, substantially boosting your payout for a $100 gift card in Naira.
FAQs
How much is a $100 Apple gift card in Naira?
The rate of a $100 Apple gift card in Naira depends on the platform you use and the current market trends. You can check our detailed guide on how much a $100 Apple gift card is worth in Naira for the latest rates and tips to get the best value.
How much is $100 Steam card in Naira?
The value of a $100 Steam card in Naira can vary depending on demand and where you sell it. For up-to-date rates and ways to maximize your earnings, see our full article on the current rate of a $100 Steam card in Naira.
How much is a $100 Amazon gift card in Naira?
The price for a $100 Amazon gift card in Naira changes based on several factors, including platform policies and market conditions. You can find a complete breakdown in our post on how much a $100 Amazon gift card is worth in Naira.
Which gift card is the highest now in Nigeria?
Currently, the Cardgoal Razer Gold gift card is the highest gift card. You can check out more details on gift cards with highest rates.
Are there hidden fees when converting my $100 gift card in Naira?
On Cardgoal, no. The rate you see is what you’re paid.
How long does it take to get paid after selling my $100 gift card?
Most transactions on Cardgoal complete in under 5 minutes. If there is a delay, get in touch with our 24/7 available customer support team.