How Much is $100 Amazon Gift Card in Nigerian Naira?

My ignorance almost made me sell my $100 Amazon gift card for a low price. I got the gift card from my uncle during Christmas and didn’t even bother to check how much it was worth. 

The only thing that mattered to me was converting it to cash and using the money to sort out my December expenses.

At the time, I didn’t know that the rate you get depends on two things: the type of Amazon gift card and the platform you’re using. I was this close to trading it at a terrible rate, until a friend told me to check the current value first.

To my surprise, I ended up getting almost double what I was originally offered.

So, if you have a $100 Amazon gift card, don’t rush to sell it without checking the rate first. In this article, I’ll show you how much your Amazon gift card is worth in Naira right now and where to sell it for the best possible payout.

How Much is a 100 Dollar Amazon Gift Card in Nigerian Naira?

The price of a $100 Amazon gift card in Naira varies depending on the type of your Amazon gift card and other factors. 

For instance, the price of a $100 USA Amazon cash receipt (50-100) in Naira is within the range of ₦40,000 – ₦42,500, while the price of a $100 German Amazon receipt (10-100) can go as high as ₦60,000 – ₦63,500. 

Here is a quick breakdown of different $100 Amazon gift card subcategories and their prices in Naira.

However, these prices are not constant; they rise and fall just like cryptocurrency. The most accurate way to get the rate of an Amazon gift card in real time is by using the Cardtonic rate calculator.

Don’t worry, you can use this calculator even if you aren’t good at mathematics. All you need to do is enter the details of your gift card; the calculator performs some underground calculations and then displays the current rate of your gift card instantly.

How to Check the Rate of Amazon Gift Cards Using the Cardtonic Rate Calculator

To check the current rate of your Amazon gift card, use the Cardtonic rate calculator. Simply visit the cardtonic website, select “Amazon Gift Card” as the category, choose your subcategory, enter the amount, and your payout in Naira will appear instantly.

1. Visit the Cardtonic website.

2. Tap on the “Select Category” dropdown and choose Amazon gift card.

3. Then tap on “Select Subcategory” and pick the exact type of Amazon card you have.

4. Enter the amount of your card (in this case, $100).

5. Your payout in Naira will appear automatically under “NGN Payout.”

With this calculator, you don’t have to worry about the fluctuating price of Amazon gift cards, as you can use it to get the current rate of any gift card anytime and any day.

Why Does the Rate of Amazon Gift Cards Vary?

Amazon gift card rates change due to market demand, currency fluctuations, card type, payment method, and the trading platform. These factors affect how much you get when selling your card.

1. Market Demand and Supply

Remember the law of supply and demand in economics? Yes, it is one of the reasons why the rate of gift cards varies. Gift cards with higher demand but limited suppliers (sellers) often have a higher rate. 

This is one of the reasons why Amazon gift cards often have a higher rate during festive periods like Christmas because there is always a high demand for them. While on normal occasions, when there is a low demand for Amazon gift cards, the price may drop.

2. Currency Exchange Rate

Have you ever noticed how the price of some goods goes up and down just because of the fluctuation of the Naira to the Dollar exchange? Yes, the fluctuation also affects the rates of gift cards. This is because most gift cards are priced in Dollars, and the amount you get when you convert them to Naira depends on the current exchange rate.

For instance, if the Dollar is high against the Naira, you will get more money from your Amazon gift card when you sell it, but if it is on the flip side, you will get a lesser value.

3. Gift Card Type

Most people prefer physical gift cards to e-code gift cards, which often leads to a high demand. Just like the law of supply and demand, the high demand for physical gift cards results in a higher rate than the e-code gift cards. 

So, if you have a physical Amazon gift card, you are in luck because you will earn more money from it.

4. Payment Method

The payment method used when purchasing an Amazon gift card is another factor that makes the price vary. 

For instance, Amazon gift cards purchased with cash often have a higher resale rate than those bought with credit or debit cards.

5. Trading Platform

Another reason why the rate of Amazon gift cards varies is that different gift card platforms offer different rates. It all boils down to the platform policy. Some platforms also charge hidden fees whenever customers trade their gift cards, which can reduce the amount they get when they sell their gift cards. 

For instance, Cardtonic, one of the best gift card platforms in Nigeria, offers high rates without any hidden fees. Selling your Amazon gift card on a platform like Cardtonic will earn you more money.

Where to Sell Amazon Gift Cards for Cash in Nigeria

There are several platforms to sell your Amazon gift card for cash, but if you want to sell it at a higher rate and earn more profit, Cardtonic is the best place to sell it. I am recommending based on my experience of trading gift cards on the platform.

Cardtonic is a fintech platform that buys and sells gift cards at unbeatable rates, which is one of the reasons why thousands of Nigerians, including me, trade gift cards on the platform. Who doesn’t like to earn more profit? 

As an all-in-one digital platform, you can also get your virtual dollar card, buy gadgets, and make bill payments on Cardtonic. What makes trading gift cards better on Cardtonic is that you get paid instantly once you sell your gift cards. There are no delays whatsoever.

To sell your Amazon gift card on Cardtonic, download the Cardtonic app and sign up for an account. Log in and navigate to the “Sell Gift Card” section, enter your gift card details, and follow the onscreen instructions to complete the process. 

Frequently Asked Questions About the Worth of Amazon Gift Cards

1. How Much is My $50 Amazon Gift Card in Naira?

The worth of a $50 Amazon gift card in Naira varies, but it is within the range of ₦20,000 – ₦31,500. For the most accurate and current rate, use the Cardtonic rate calculator to check based on your card type and category.

2. Where Can I Buy an Amazon Gift Card in Nigeria?

You can buy an Amazon gift card in Nigeria on Cardtonic at an affordable rate. To get started, download the app, sign up for an account, and log in. Navigate to the “Buy Gift Card” section and follow the onscreen instructions to make your purchase.

3. Can I Transfer My Amazon Gift Card Balance to My Bank Account?

No, you can’t transfer the balance on your Amazon gift card to your bank account directly. Instead, you can sell your Amazon gift card for cash on Cardtonic and transfer the money to your bank account.

4. Can I Use an Amazon Gift Card in Nigeria?

Yes, you can use an Amazon gift card in Nigeria to purchase items on online platforms that accept Amazon gift cards. You can also exchange it for cash on Cardtonic.

5. How Much Money is on My Amazon Gift Card?

To know how much money is on your Amazon gift card, visit the official Amazon website, log in to your account, navigate to the upper section of the screen, and click “Account & List.” Then, click the “Gift Card” section, which will automatically redirect you to a new page that displays your account balance.

6. Does the Money on an Amazon Gift Card Expire?

No, the money on an Amazon gift card doesn’t expire. Once you redeem it, you can spend it anytime you want without worrying about the expiration date.

Conclusion

The best way to get maximum value from your $100 Amazon gift card is by first checking how much it is worth in Naira before selling it. This is because ignorance can make you sell it at a lower price. 

To avoid this kind of mistake, I have shown you the price of a $100 Amazon gift card in Naira and how to use the Cardtonic rate calculator to check its rate in real time.

I also explained the reasons behind the fluctuation of Amazon gift card rates and how you can earn more money from your gift card by selling it at a higher rate on Cardtonic.