Wait! Before you jump in, do you know what a gift card is? Well, let me explain. Gift cards are a form of prepaid debit cards preloaded with funds for future use. Generally, there are two types of gift cards, open loop and closed loop cards. Both types can typically be used online and in person.
A lot of gift cards come with a minimum and maximum initial loading amount. A common minimum is $10, and a common maximum is $500. As a precaution to avoid the risk of losses, many gift cards are registered online which allows the remaining balance to be tracked and frozen if a card is lost. That way, some gift cards are safer than cash. Clear? Okay… We proceed.
Gift cards apparently are everywhere now, these cards are largely issued at grocery stores AKA Supermarkets, electronic stores, bookstores, and malls. The main reason gift cards are on the rise now is that these brands use these cards to encourage loyalty among customers. One of the most popular ones is the iTunes gift card. Need I say the reason why it is popular?
In Nigeria here, here’s what you can do with your card.
- Auctioning: There is a healthy market for gift cards online. Patricia.com.ng is a popular place to sell gift cards in Nigeria. We will buy your gift card at a very high percentage of its value.
- Trading: Most sites that allow you to sell gift cards also give you the option to trade them for items you’re interested in from other sellers. I doubt if you will see a lot of bartering websites that operate in Nigeria but you can check the ones abroad.
- Regifting: Depending on your feelings, this is either a great way to spread the love, or a terrible social taboo. If you choose to regift, you should do so tactfully and only with an unused card that retains its full value.
- Donating to Charity: Contact your favorite charity and ask if they will accept your gift card. If they do, you can write off its value on your taxes as a charitable donation.
So you got one? Your abroad family gave you or them custom brands you rock blessed you with one?
What do you do with it? Sell maybe? The beautiful news is that there’s a way you can flip your gift card into real cash instantly. The company is called Patricia.com.ng. We buy gift cards here in Nigeria and it is smooth and stress free. Not to forget, this beautiful news extends to those that want to buy gift card for iTunes, iPhones and Apple Music, well… worry no more. Just hit us up ASAP!