Gift Cards

How much is $1000 American Express Gift Card In Nigerian Naira Today?

Reading Time: 4 minutes

American Express Gift Card Overview

The American Express Gift Card is a prepaid card that allows users to make purchases at any location that accepts American Express. It’s reloadable and comes in various denominations. It doesn’t require a credit check and can be used for shopping, dining, travel, and more. The card is delivered either digitally or as a physical card, and funds can be added online or at certain retailers.

How much you get for $1000 American Express Gift Card In Nigerian Naira?

Convert $1000 American Express Gift Card to Nigerian Naira easily (2025 Guide)

Based on the most recent figures from Cardsvendor, a 1USD American Express gift card is worth between 910 and 960 Naira. This means that a 1000USD gift card is valued at 910,000 to 960,000 Naira. Check Cardsvendor for the latest exchange rates.

Card Type USD Naira
American Express 5 4,550 ~ 4,800
American Express 20 18,200 ~ 19,200
American Express 30 27,300 ~ 28,800
American Express 50 45,500 ~ 48,000
American Express 100 91,000 ~ 96,000
American Express 200 182,000 ~ 192,000
American Express 1000 910,000 ~ 960,000

In which countries can American Express gift cards be used?

American Express gift cards can be used in numerous countries around the world. Primarily, they are accepted in the United States, where they can be used at most retailers, online stores, and restaurants. Internationally, they are accepted in many countries, including Canada, Mexico, the United Kingdom, Australia, and various European nations like France, Germany, Italy, and Spain.

In Asia, they are accepted in Japan, South Korea, Hong Kong, and Singapore. They can also be used in South America, with acceptance in countries like Brazil and Argentina. In Africa, they are recognized in South Africa and Nigeria. Additionally, they are accepted in the Middle East, including the United Arab Emirates and Saudi Arabia.

However, it’s important to note that acceptance varies by retailer and location, and some businesses may have restrictions on the use of gift cards. Always check with the specific retailer or establishment before using an American Express gift card to ensure it’s accepted.

What can I do with my American Express gift card?

Activation: Upon receiving your card, activate it online at amextravel.com/giftcard/activation or by calling the toll-free number provided on the card. Follow the instructions to activate the card.

Check Balance: Before making a purchase, check your card’s balance by logging into your account at amextravel.com/giftcard or by calling the customer service number.

Redeem at Checkout: Present your card at the register. At some stores, you can also use the card online or over the phone by providing the card number and PIN.

PIN: Some gift cards come with a PIN. If yours does, use it for purchases where a PIN is required, such as at ATMs or for online transactions.

Partial Amounts: You can use your card for a partial amount of the purchase. The remaining balance will remain on the card.

Cash Back: Depending on the retailer, you may be eligible for cash back on purchases. Check with the store for details.

Replacement: If your card is lost or stolen, you can request a replacement online or by calling customer service. A replacement fee may apply.

Expiry: Note the expiration date on your card. Some cards expire, but you may be able to request a replacement.

Refunds: Some retailers may allow you to receive a cash refund on a gift card if you have a balance remaining after a return.

Reporting Lost or Stolen Cards: If your card is lost or stolen, report it immediately to the customer service number to prevent unauthorized use.

Remember, American Express Gift Cards can typically be used anywhere American Express is accepted, but some exclusions may apply. Always check with the merchant for their specific policy on gift cards.

Factors that Determine American Express Gift Card Rates

Currency Fluctuations: Changes in the value of the Nigerian Naira against the US Dollar affect the card’s worth.

Supply and Demand: Availability of cards in Nigeria can affect their price.

Service Fees: Additional costs for purchasing or exchanging cards can impact the effective exchange rate.

Market Regulations: Government policies and restrictions on currency exchange can alter rates.

Card Provider Policies: American Express’s own policies and pricing strategies also play a role.

References for How much is a $1000 American Express Gift Card In Nigerian Naira Today?

  • ^ “2012 Holiday Gift Card Spending Report”. giftcardlab.com. 26 November 2012. Archived from the original on 3 December 2013. Retrieved 12 January 2013.
  • ^ “Gift Card Trends for 2021”. Business Insider. 21 December 2020. Archived from the original on 10 January 2021. Retrieved 15 February 2021.
  • ^ “GIFT TOKEN”. Cambridge English Dictionary. Archived from the original on 16 September 2014. Retrieved 21 November 2018.
  • ^ “Gift Cards Are Becoming More Popular Than Ever”. The Economist. 15 May 2021. Retrieved 25 June 2021.
  • ^ “2021 Holiday Gift Card Spending to Reach Record Amounts”. CNBC. 30 November 2021. Retrieved 5 January 2022.
  • Leave a Comment