If you’ve landed on this blog by searching "How much is $100 Visa gift card to Naira" then you’re in the right place! As of December, the estimated conversion rate of a Visa gift card $100 to Naira usually falls between ₦90,000 and ₦101,000. However, this is the typical range you’ll find on reputable gift card trading platforms and that’s where TradeCard stands out. At the time of writing this blog, TradeCard is offering a rate of ₦91,000 for a $100 Visa gift card.
Keep in mind that the exact value can vary based on the type of Visa gift card you’re selling. Physical Visa gift cards often attract a higher rate, while digital Visa cards may be priced slightly lower. You might be wondering: Why is there a difference? And that’s just one of the many questions that might be running through your mind right now. Don’t worry! Every one of those thoughts will be answered in this blog.
Let's get started!
Factors Affecting the Rate of Visa Gift Card $100 to Naira
Market Demand and Supply
The value of a $100 Visa gift card to Naira is heavily influenced by market demand and supply. When more people are looking to purchase the card especially during peak seasons like holidays or shopping events, the resale rate can increase. On the other hand, if the market is saturated with too many sellers or demand is low, the rate is likely to drop.
Retailer Promotions and Discounts
Retailer promotions or discounts can also significantly impact the value of a $100 Visa gift card. If a store or online platform offers the same card at a discounted price, buyers may prefer to purchase it directly at a lower rate, reducing the resale value. Seasonal promotions, cashback offers, or bundle deals can create temporary fluctuations in the gift card market, so timing the sale of around these promotions can affect the final rate you receive.
Currency Exchange Rates
For buyers or sellers operating in countries with a different currency, fluctuations in exchange rates play a major role in determining the local value of a $100 Visa gift card to Naira. For example, if the local currency weakens against the dollar, the effective local value of the card increases, potentially leading to higher resale rates. Conversely, a strong local currency may reduce the card’s resale value.
Platform Fees
Most online marketplaces or gift card platforms charge fees for facilitating transactions. These fees reduce the net amount a seller receives from a $100 Visa gift card. While the listed rate might seem attractive, the effective return after deducting platform commissions, or payment processing charges can be lower. This is not the case with the TradeCard, you will get your final payout without any hidden fees or deductions.
Brand and Popularity
The Visa brand is widely recognized and accepted globally, which helps maintain the higher value of gift card compared to lesser-known brands. Popularity ensures more buyers are willing to purchase the card, which can increase demand and positively affect the resale rate. Well-known brands like Visa or Mastercard are often perceived as more flexible and reliable, making them a preferred choice in the gift card market.
Steps to Sell Visa Gift Card $100 to Naira on TradeCard
Create or Login to Your TradeCard Account
🔹 Sign up if you’re a new user, or simply log in with your existing credentials.
Access the Dashboard
🔹 After logging in, go to your dashboard to navigate different features easily.
Go to the Gift Card Section
🔹 Select "Visa Gift Card" from the gift card list.
🔹 If you selected the wrong card, you can easily change it.
Select Gift Card Category
🔹 Choose the correct card type (physical or e-code) for your gift card.
🔹 Note: Physical cards usually have higher rates than e-codes.
Enter Gift Card Denomination
🔹 Input the card value, e.g., $100.
🔹 The live rate will be displayed right away.
Upload Image or Screenshot of $100 Visa Gift Card
🔹 Upload the gift card image or screenshot as required.
Start the Trade
🔹 Click "Start Trade" to sell your card.
🔹 The Naira will be added to your TradeCard account within minutes.
Why Visa Physical Gift Cards Fetch Higher Rate Than Visa Digital Gift Cards
Here is the answer to your question you have been wondering about! Below are some reasons why a $100 Visa gift card to Naira comes with a higher rate for physical gift cards as compared to digital gift cards.
Lower Risk of Fraud
Physical gift cards are harder to duplicate or hack compared to digital codes. E-codes can be copied, leaked, or misused online, which increases the risk for buyers and gift card trading platforms. Because of this, physical cards often carry higher rates as a safer option.
Comes with Secure Verification
Physical cards typically require verification only once during the sale, while digital cards may need additional checks to ensure the code is valid and unused. This extra step for e-codes can slow down transactions and slightly lower the payout.
Higher Demand for Physical Cards
Many users prefer physical gift cards because they can be gifted in person or stored safely at home. This higher demand from buyers pushes up the rates for physical cards compared to digital ones.
Perceived Value and Trust
Physical cards give users a tangible product they can hold, reducing concerns about scams. This trust factor makes physical cards more desirable and often results in higher rates.
FAQ
How much is a $100 Visa gift card worth in Naira?
The value of a $100 Visa gift card in Naira varies depending on the platform and market conditions. On TradeCard, the rate is currently around ₦91,000.
Why does the rate of $100 Visa gift cards change?
Rates fluctuate due to market demand and supply, retailer promotions, currency exchange rates, platform fees, and the gift card’s brand popularity.
Are physical Visa gift cards worth more than digital ones?
Yes, physical cards generally fetch higher rates because they are harder to hack, easier to verify, and in higher demand among buyers.
How do I sell a $100 Visa gift card on TradeCard?
Sign up or log in, select "Visa Gift Card" from the dashboard, choose the correct card type, enter the denomination, upload an image or screenshot, and click "Start Trade". The Naira will be added to your account instantly.
Can currency exchange rates affect the value of my $100 Visa gift card?
Yes, if the local currency weakens against the USD, the Naira value of your $100 card increases. Conversely, a stronger Naira may reduce the resale value.
Are there any fees when selling $100 Visa gift cards on TradeCard?
TradeCard does not charge hidden fees. The payout you see after starting a trade is the amount you will receive.
What is the difference between e-code and physical Visa gift cards?
E-codes are digital cards delivered electronically, while physical cards are tangible. Physical cards often carry a higher rate due to security and demand.
Why do buyers prefer physical Visa gift cards?
Physical cards are more secure, reduce fraud risk, and provide a tangible item that can be gifted or stored safely.
How long does it take to receive Naira after selling a $100 Visa gift card on TradeCard?
The Naira is usually added to your TradeCard account within minutes after starting the trade.
Can promotional offers affect the resale value of my $100 Visa gift card?
Yes, seasonal discounts, cashback deals, or promotions can temporarily lower or increase the resale value of gift cards. Timing your sales around these promotions can impact the rate you get.
