Is It Worth Buying Grubhub Gift Cards to Resell in Nigeria?

As of August 2026, Grubhub gift cards are frequently listed on secondary markets, and some Nigerians consider buying them for resale. Before you invest, it helps to understand what you're actually getting—and whether the numbers work in your favor.

This article breaks down the pros, cons, and realistic resale value of Grubhub gift cards from a Nigerian perspective.

How Resale Works

Grubhub is a US-based food delivery platform. Its gift cards are issued in US dollars and can only be redeemed on grubhub.com or the Grubhub app for food orders within the United States.

When you buy a Grubhub gift card on the secondary market and resell it in Nigeria, you're essentially acting as a middleman. The typical flow looks like this:

Step 1. You purchase a Grubhub card at a discount from a seller (often someone who received it as a gift and prefers cash).

Step 2. You list or sell that card to a buyer or exchange platform that deals in gift cards.

Step 3. You receive payment in Naira, typically at a rate below the card's face value.

Cardhorse and similar platforms accept Grubhub gift cards and offer rates based on current demand and currency exchange. As of August 2026, Grubhub cards typically fetch competitive rates of their face value when sold in Nigeria. For a real-time quote on your card, visit https://www.cardhorse.com/

The Math: Will You Profit?

Here's where many resellers hit a wall. To profit, you need to buy low and sell higher than your purchase price—but gift card resale margins are tight.

Example scenario:

You find a $50 Grubhub card listed for $40 on a peer-to-peer marketplace. You buy it, then sell it on Cardhorse at competitive rates of face value. After converting to Naira and accounting for any transaction fees, your margin is thin—often just a few percentage points, if anything.

Why margins are narrow:

  • Gift card exchange platforms set rates based on liquidity and fraud risk. High-risk or less-popular cards get lower rates.
  • Currency fluctuations between the US dollar and Naira can erode your margin overnight.
  • Payment processor fees and withdrawal charges cut into profits.
  • You assume the risk that the card is invalid, already redeemed, or obtained fraudulently.

In practice, buying gift cards specifically to resell them for profit is rarely sustainable. Most people who sell Grubhub cards on platforms like Cardhorse are converting cards they already own—not buying them as inventory.

Sell Your Gift Card for Cash – Download Cardhorse App

When Reselling Makes Sense

Reselling a Grubhub gift card can make sense in these situations:

1. You received the card and can't use it—If someone gave you a Grubhub card but you don't live in the US or don't use the service, selling it for Naira is a practical move. You're not trying to make a profit; you're recovering value from something you'd otherwise leave unused.

2. You bought it at a steep discount—If you acquired a Grubhub card at 30-40% below face value (through a clearance sale, promotional bundle, or distressed seller), you might have enough margin to cover resale rates and still come out ahead. These opportunities are rare and require careful verification.

3. You're consolidating gift card balances—Some users buy low-value Grubhub cards in bulk, combine them, and sell the total as a single higher-value card. This only works if your acquisition cost is well below resale rates.

When it doesn't make sense:

  • Buying Grubhub cards at or near face value with the intent to flip them. The resale rate won't cover your cost.
  • Treating gift card arbitrage as a primary income source. Margins are too slim, and fraud risk is high.
  • Purchasing cards from unverified sellers without a way to test validity before payment.

The Risks

Reselling Grubhub gift cards involves several risks that can wipe out any potential profit:

Fraud and invalid cards—Gift cards sold at deep discounts are sometimes stolen, already redeemed, or obtained with compromised payment methods. If you buy one and it's flagged, you lose your money and the card.

No buyer protection—Most peer-to-peer marketplaces don't offer refunds if a card turns out to be invalid. Once you've paid, you own the risk.

Rate volatility—Grubhub isn't as widely used in Nigeria as brands like Amazon or iTunes. Demand is lower, which means resale rates can drop quickly. A card that's worth competitive rates today might fetch less tomorrow.

Liquidity issues—It can take time to find a buyer or platform willing to purchase Grubhub cards. If you're holding inventory, your capital is tied up.

Verdict

Buying Grubhub gift cards specifically to resell them in Nigeria is not a reliable profit strategy. Resale rates are typically lower than what you'd need to break even after acquiring the card, and fraud risk is real.

Where resale does make sense: converting a card you already own but can't use. If you have a valid, unredeemed Grubhub gift card sitting unused, selling it for Naira is a practical way to recover value.

If you're exploring this as a business model, focus on high-demand, high-liquidity brands and only buy cards you can verify before payment. For most people, the math doesn't justify buying Grubhub cards for resale—but converting one you already have is straightforward.


Sell Your Gift Card Anywhere, Anytime

The Cardhorse app lets you check live rates, submit your card, and receive payment directly to your account — all from your phone.

Download the Cardhorse App


Frequently Asked Questions

Can I use a Grubhub gift card in Nigeria?

No. Grubhub gift cards are only valid for food delivery orders placed through grubhub.com or the Grubhub app in the United States. You cannot redeem them for Nigerian restaurants or services.

How much will I get if I sell my Grubhub gift card in Nigeria?

As of August 2026, Grubhub gift cards typically sell for competitive rates of their face value on Nigerian exchange platforms. Rates fluctuate based on demand and currency exchange. For a current quote, check https://www.cardhorse.com/

Is it legal to resell gift cards in Nigeria?

Yes, reselling gift cards you own is legal. The card must be legitimately obtained, unused, and not acquired through fraud or theft. Selling stolen or fraudulently obtained cards is illegal.

Where can I sell Grubhub gift cards for Naira?

You can sell Grubhub gift cards on platforms like Cardhorse, which accept US-issued gift cards and pay out in Naira. Visit https://www.cardhorse.com/ to get a live rate and complete the transaction.

What denominations do Grubhub gift cards come in?

Grubhub gift cards are commonly available in $10, $20, $25, and $50 denominations. Custom amounts may also be available depending on where the card was purchased.

If you have a valid, unredeemed Grubhub gift card and would rather convert it to cash than leave it unused, Cardhorse provides a live rate and payment within minutes.

Check Your Grubhub Card's Value on Cardhorse →

Part of: Grubhub Gift Cards


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