Back in 1966, they were called Interbank Association; it wasn’t till 1979 that the name MasterCard was adopted. The financial services organization is known for providing banks and their customers a payment platform through their debit, credit and gift cards. The only card that can’t be used to withdraw cash from an ATM; amongst the cards they provide, is the gift card. However, there is a way you can trade the Mastercard gift card for cash and I will show you how and where.
Mastercard gift cards are open-loop gift cards. This is an advantage for its holders as they have a wider range of stores they can shop from.
The main focus of this article is on how to use your Mastercard gift card to redeem cash. Gift card exchange platforms have made it possible to trade them for cash. Before you pick an exchange you need to be sure that they are safe and sell at high rates.
How To Check Your Rates?
Every reliable gift card exchange platform should have a gift card rate calculator. A rate calculator helps you check the current rates of gift cards. This is a way to sieve out platforms that sell at low rates.
Make sure to pick Mastercard when selecting your Gift card category. After filling out the other options you will get an automatic calculation of what your gift card will cost in Naira.
Where To Trade Your Mastercard Gift Card For Cash
Trading your Mastercard gift card can be easy and straightforward if you are trading on the right platform. Traders need to be wary of fraudulent platforms that wouldn’t pay you after trading. The following future will help you confirm that a platform is safe to use:
- It must be easy to use.
- The platform must have a rate calculator.
- The rate calculator will help you know if you can trade at high rates. If not, then you should look for one that does.
- The platform must have customer service to call if anything goes wrong.
- Payout time has to be within minutes.
One platform that possesses all these attributes is Prestmit.com. You can use the app or trade on the website. If you are looking for the highest rates in the market look no further than Prestmit, the biggest plus on the platform is the fact that you can sell your Mastercard gift card at the highest rates in the market.
Mastercard gift cards are one of the best selling gift cards so selling them is definitely a good option.