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Many people sell gift cards like Sephora’s to turn unused or unwanted cards into quick cash. It’s a convenient way to get value from a card you don’t plan to use, especially since there are many platforms in Nigeria where you can easily trade them for Naira. If you have a $200 Sephora gift card, whether you bought it for personal use or you received it as a gift and you want to sell it for cash, you might be wondering how much it’s worth so you can know how much you’ll get from selling it.
In this article, we’ll look at how much a $200 Sephora gift card is worth in Nigeria, how to check its rate using Prestmit’s calculator, factors that affect the value of Sephora gift cards, the best place to sell your Sephora card, etc.
What is the Current Value of a $200 Sephora Gift Card in Naira?
The current value of a $200 Sephora gift card in Naira is between aN230,000 and N245,000. The best way to know the current value of a gift card is by using a gift card rate calculator such as the one offered by Prestmit.
How to Check Sephora Gift Card Rate Using the Prestmit Rate Calculator
- Visit the official Prestmit website.
- Click on “Gift Card Rates Calculator” on the Homepage.
- Choose “Sephora” as your gift card category
- Select your gift card subcategory
- Enter “200” as the amount of your gift card and choose “Naira” as your preferred payment method.
Factors Determining Sephora Gift Card Rate
1. Dollar-to-Naira exchange rate
The base currency conversion between USD and NGN heavily influences what platforms will offer for Sephora gift cards. Rates will go high if the Naira weakens against the Dollar and vice versa.
2. Supply and demand
Supply and demand also affect the rate of Sephora gift cards. Rates may drop if many people are selling Sephora cards and in the same vein, rates will rise if few are selling but many want to buy, rates rise. .
3. Type of gift card (Physical vs E-code vs Region)
Some traders value physical cards more (if they can resell them) while others may prefer e-codes for ease. Cards tied to specific regions may face restrictions, reducing their value in certain markets.
4. Platform fees
The platform you use needs to make a profit. They deduct fees or set margins on each gift card sale. Some platforms offer better rates by charging lower margins from users.
5. Rate Volatility
Rates move during the day and may be more volatile in high-activity periods. You’ll likely see different rates if you check in the morning vs the evening.
Best Place to Sell Sephora Gift Card for Naira -Prestmit
Choosing a tried and trusted platform is the most important step when it comes to selling Sephora gift cards in Nigeria. There are many websites and apps that claim to offer the best rates, but not all of them are reliable. Some delay payments, give confusing rates, and some might even scam you outright. That’s why choosing the right platform can make all the difference between a smooth transaction and a frustrating one.
Prestmit is one of the most popular and reliable gift card trading platforms in Nigeria. The platform is trusted by thousands of users and also allows users to buy and sell airtime, buy data, pay bills, etc. The following are some of the reasons why Prestmit is the best place to sell your Sephora gift cards:
1. User-friendly
Prestmit’s website and mobile app are user-friendly and easy to navigate. You can complete your trade within minutes even if it’s your first time selling a gift card as the process is easy on the platform.
2. Fast payment
One of the biggest concerns people have when selling gift cards online is how quickly they’ll get paid. Payments on Prestmit are processed almost instantly after your card is verified so you don’t have to wait for hours or days to get paid. Once the system confirms that your Sephora card is valid, the Naira equivalent is credited directly into your Prestmit wallet.
3. Competitive rates
Prestmit is known for offering some of the best gift card rates in Nigeria. Prestmit updates its rates in real time to make sure sellers get the best value possible. The platform also has a rate calculator, which allows you to check exactly how much your Sephora gift card is worth before selling it.
4. Flexible payment options
Another reason many people prefer Prestmit is the flexibility it offers in payments. You can choose to receive your money in Naira, Cedis, or Crypto. This gives users the freedom to trade based on their personal preferences and financial needs.
5. Secure transactions
Security is a major factor when trading gift cards. Many fake platforms are eager to scam you, but Prestmit has built a reputation for being safe and transparent. All transactions are protected by advanced encryption and monitored by an automated verification system that ensures only valid cards are processed.
6. 24/7 availability and customer support
Prestmit operates around the clock, which means you can sell your Sephora gift card at any time even if it’s late at night or during weekends. And if you ever face an issue, their customer support team is available to help through live chat, email, or social media. They respond quickly and politely to all your needs and inquiries.
How to Sell Your $200 Sephora Gift Card on Prestmit
Here are the quick steps to sell $200 Sephora card:
- Download the Presmit app from the Google Play Store or Apple Store .
- Create an account or log in to your Prestmit account if you already have one.
- Click on “Gift Card” on the homepage and select “Sell Gift Cards” from the next menu.
- Choose “Naira” (or any other payment method you prefer) as your desired payment method.
- Choose “Sephora” as your gift card category.
- Select your gift card sub-category.
- Enter “200” as the amount.
- Upload your Sephora gift card image or enter the e-code in the “Extra Comments” box.
- Follow the prompts to complete the transaction.
- Confirm your transaction details and click on “Submit Trade.”
- You will receive payment immediately after the transaction is confirmed.
Frequently Asked Questions (FAQs) on the Value of a $200 Sephora Gift Card in Nigeria
How soon will I get paid after selling my gift card?
Once your card is verified and approved, payment is often instant or within a few minutes. Delays may happen if verification is slow or high traffic.
Can my Sephora card be rejected?
Yes, if the card is invalid, already used, or the data entered is wrong. Always double-check codes and categories before confirming your transactions.
Can I sell it elsewhere instead of Prestmit?
Yes, there are other platforms where you can sell your Sephora gift card trades but Prestmit remains the best for its competitive rates, fast payment, security, etc.
Do Sephora gift cards expire?
In general, Sephora gift cards don’t expire but it’s advisable to redeem them or sell them as soon as you can to prevent loss or theft.
Should I sell immediately or wait?
If the rate is decent and meets your expectations, selling quickly reduces the risk of rate drops. But you can also set a rate alert (Prestmit offers that) and wait until your target rate is reached.
Conclusion
The amount you’ll get for a $200 Sephora gift card in Nigeria depends on a few factors like the platform you use, the type of card, and the current market rate.
On average, you can expect a good payout, but it may be slightly higher or lower depending on demand and timing, and if you use a reliable and trusted platform that offers a competitive rate like Prestmit. It’s advisable to always check the latest rates before trading.
Prestmit makes this easy with their live rate calculator, helping you see exactly what your card is worth. Ensure you trade only on trusted platforms to help you get the best value for your Sephora gift card.
