Iraters vs Nosh: Which Should You Trade With?
Score by dimension
| Dimension | Iraters | Nosh |
|---|---|---|
| Gift card rates | 7.9 / 10 | 8.3 / 10Nosh wins |
| Payout speed | 4.5 / 10 | 6.5 / 10Nosh wins |
| Trade experience | 4.0 / 10 | 8.0 / 10Nosh wins |
| Support & disputes | 4.0 / 10 | 8.0 / 10Nosh wins |
| KYC & onboarding | N/A | 7.0 / 10Nosh wins |
| Product quality | 4.0 / 10 | 8.0 / 10Nosh wins |
| Other features | 4.0 / 10 | 8.0 / 10Nosh wins |
| Security & trust | 4.0 / 10 | 8.0 / 10Nosh wins |
| Reputation | 4.0 / 10 | 8.0 / 10Nosh wins |
| App reviews | 9.8 / 10Iraters wins | 8.8 / 10 |
| Overall | 5.1 / 10 | 7.9 / 10 |
Side-by-side facts
| Detail | Iraters | Nosh |
|---|---|---|
| Rate received (latest test) | Iraters displayed a payout of ₦11,100 for our $10 US Razer Gold e-code, giving a rate of ₦1,110 per $1. | A $20 US Razer Gold e-code was tested. Nosh displayed a rate of ₦1,120 per $1 and an expected payout of ₦22,400. |
| Tested payout time (latest test) | 32 minutes | 12 minutes |
| Bank withdrawal time (latest test) | 32 minutes | 1 minute |
| Support first response | 35 minutes | 5 minutes |
| KYC time | Not tested | 3 hours |
| Payout methods | Bank transfer | Bank transfer |
| Gift card types | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, GameStop, Google Play, Nike, PlayStation, Razer Gold, Roblox, Steam, Vanilla, Xbox | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, GameStop, Google Play, Nike, PlayStation, Razer Gold, Roblox, Sephora, Steam, Vanilla, Xbox |
| KYC requirements | 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. | Nosh used two verification stages during the test. Level 1 required a BVN and facial verification and was completed in less than one minute. Level 2 requested a government-issued ID, occupation and proof of address. The complete verification process was approved after approximately three hours. |
| Fee structure | a fee of 100 was deducted | Nosh displayed an expected payout of ₦22,400 for the tested $20 Razer Gold e-code. After the trade, ₦22,350 reached the researcher’s bank account. The ₦50 difference was recorded as a withdrawal processing fee. |
Frequently asked questions
Is Iraters or Nosh better overall?
Nosh is better overall. It scores 7.9 out of 10 against 5.1 for Iraters, based on our own trades on both platforms.
Which gives a better gift card rate, Iraters or Nosh?
Nosh rated better on the card we traded. Our gift card rates score is 7.9 for Iraters and 8.3 for Nosh. Rates move daily and vary by card type and denomination, so compare rates per dollar before you sell.
Which pays out faster, Iraters or Nosh?
Nosh paid out faster in our test: 12 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, Iraters or Nosh?
Nosh replied first. Support took 5 minutes to answer at Nosh and 35 minutes at Iraters when we contacted them during testing.