Cardcosmic vs Iraters: Which Should You Trade With?
Score by dimension
| Dimension | Cardcosmic | Iraters |
|---|---|---|
| Gift card rates | 7.8 / 10 | 7.9 / 10Iraters wins |
| Payout speed | 9.0 / 10Cardcosmic wins | 4.5 / 10 |
| Trade experience | 8.5 / 10Cardcosmic wins | 4.0 / 10 |
| Support & disputes | 8.5 / 10Cardcosmic wins | 4.0 / 10 |
| KYC & onboarding | N/A | N/A |
| Product quality | 7.0 / 10Cardcosmic wins | 4.0 / 10 |
| Other features | 4.0 / 10 | 4.0 / 10 |
| Security & trust | 8.0 / 10Cardcosmic wins | 4.0 / 10 |
| Reputation | 9.0 / 10Cardcosmic wins | 4.0 / 10 |
| App reviews | 8.6 / 10 | 9.8 / 10Iraters wins |
| Overall | 7.8 / 10 | 5.1 / 10 |
Side-by-side facts
| Detail | Cardcosmic | Iraters |
|---|---|---|
| Rate received (latest test) | The tested $20 US Razer Gold e-code was quoted at ₦1,107 per dollar. Cardcosmic displayed a sale price of ₦22,140, which matched the amount received in the bank. | Iraters displayed a payout of ₦11,100 for our $10 US Razer Gold e-code, giving a rate of ₦1,110 per $1. |
| Tested payout time (latest test) | 2 minutes | 32 minutes |
| Bank withdrawal time (latest test) | 2 minutes | 32 minutes |
| Support first response | 3 minutes | 35 minutes |
| Payout methods | Bank Transfer | Bank transfer |
| Gift card types | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, GameStop, Google Play, Nike, PlayStation, Razer Gold, Roblox, Sephora, Steam, Vanilla, Xbox | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, GameStop, Google Play, Nike, PlayStation, Razer Gold, Roblox, Steam, Vanilla, Xbox |
| KYC requirements | Cardcosmic did not request identity verification during our test. The account was created using a full name, email address, phone number and password. | Iraters did not ask us to complete identity verification. Registration required a name, email address, phone number, password and date of birth, but no BVN, ID or selfie was requested. |
| Fee structure | No gift card trading fee was recorded during our test. Cardcosmic charged ₦100 to withdraw from the wallet to a bank account. The wallet balance before withdrawal was ₦22,240, and the researcher received ₦22,140 in the bank. | a fee of 100 was deducted |
Frequently asked questions
Is Cardcosmic or Iraters better overall?
Cardcosmic is better overall. It scores 7.8 out of 10 against 5.1 for Iraters, based on our own trades on both platforms.
Which gives a better gift card rate, Cardcosmic or Iraters?
There is no meaningful difference. Our gift card rates score is 7.8 for Cardcosmic and 7.9 for Iraters, so compare the live rate for your specific card before trading.
Which pays out faster, Cardcosmic or Iraters?
Cardcosmic paid out faster in our test: 2 minutes to complete the trade against 32 minutes on Iraters. That is the tested payout time, measured from card submission to the trade value being credited; a later bank withdrawal is recorded separately.
Which has faster customer support, Cardcosmic or Iraters?
Cardcosmic replied first. Support took 3 minutes to answer at Cardcosmic and 35 minutes at Iraters when we contacted them during testing.