PlayStation Gift Cards: A Complete Guide
A PlayStation Gift Card is a pre-paid card that can be used to purchase games, content, and services on the PlayStation Network. Users can choose a value and redeem it online or at participating retailers, making it a convenient way to gift or top up their PlayStation account.
How much is a 20 $ PlayStation Gift Card in Naira (Updated 2025)?
Convert $20 PlayStation Gift Card to Nigerian Naira (Updated)
According to the latest exchange rates from Cardsvendor, the value of 1USD in a PlayStation gift card is between 800 and 1,000 Naira. This means that a 20USD PlayStation gift card is worth anywhere from 16,000 to 20,000 Naira. If you’re planning to buy or exchange your PlayStation gift card, keep in mind that rates can fluctuate, so it’s a good idea to check Cardsvendor regularly for the most accurate rates. Additionally, exchange platforms may charge small fees that could slightly affect the value.
How do I spend my PlayStation Gift Card?
Activate the Card: Scratch off the back to reveal the PIN, then go to [PlayStation Store](https://store.playstation.com/) on your console.
Sign In: Log in to your PlayStation account.
Redeem Code: Select “Redeem a Code” and enter the 16-digit PIN.
Select a Category: Choose the category you want to spend the funds on, like games, movies, or subscriptions.
Proceed to Checkout: Review your selections and complete the purchase.
For PlayStation Plus or other subscription services, go to the corresponding section in the PlayStation Store and follow the same steps. Your gift card balance will be applied to your purchase, and any remaining balance will be displayed on your account.
How To Check PlayStation Gift Card Balance
Online: Go to the PlayStation Store website (us.playstation.com).
Sign In: Log in with your PlayStation Network account.
Manage Cards: Click on ‘Manage My PlayStation Network Account’ and then ‘Manage Cards’.
Balance: Look for your gift card under ‘Cards’ and view the available balance.
PS4/PS5: Navigate to ‘Store’ > ‘Cards & Codes’ > ‘Manage Cards’.
PS Vita: Go to ‘PS Store’ > ‘Cards & Codes’ > ‘Manage Cards’.
Balance: You will see the available balance for your gift card.
For PS3 or older systems, use the ‘eShop’ option and follow similar steps.
How Is PlayStation Gift Card Rate Determined?
1. Issuer Fees:
Fees charged by the issuer can significantly impact the price of a gift card. These may include activation, monthly, or inactivity fees.
2. Brand Reputation:
High-end or popular brands typically charge more due to their reputation and perceived value.
3. Market Demand:
Cards for popular retailers or services often carry a premium due to high demand.
4. Loading Options:
The ease and variety of ways to load the card can affect its price; for instance, cards that can be loaded online might be more expensive.
5. Security Features:
Advanced security features like EMV chips or encryption may increase the card’s price.
6. Retailer’s Pricing Strategy:
Different retailers may price their gift cards differently based on their own business models and profit margins.
7. Promotions and Discounts:
Sales, promotions, or discounts can lower the price of gift cards temporarily.
8. Currency Fluctuations:
For international gift cards, currency exchange rates can impact pricing.
9. Expiry Dates:
Cards with longer expiry periods may cost more.
10. Reissue Costs:
If the card can be reissued with a new balance, the issuer might charge a fee.
11. Packaging and Presentation:
More luxurious packaging or gift wrapping can increase the price.
12. Additional Services:
Offers like customer support, balance tracking, or insurance can add to the cost.
13. Technology Costs:
Costs associated with maintaining the technology platform for the card can influence pricing.