Migo vs Tbay: Which Should You Trade With?
Score by dimension
| Dimension | Migo | Tbay |
|---|---|---|
| Gift card rates | 9.3 / 10Migo wins | 7.5 / 10 |
| Payout speed | 8.5 / 10Migo wins | 7.5 / 10 |
| Trade experience | 8.5 / 10Migo wins | 7.5 / 10 |
| Support & disputes | 8.0 / 10 | 8.0 / 10 |
| KYC & onboarding | N/A | N/A |
| Product quality | 9.5 / 10Migo wins | 7.5 / 10 |
| Other features | 3.0 / 10 | 7.5 / 10Tbay wins |
| Security & trust | 5.0 / 10 | 8.0 / 10Tbay wins |
| Reputation | 5.0 / 10 | 8.0 / 10Tbay wins |
| App reviews | 9.4 / 10Migo wins | 9.1 / 10 |
| Overall | 7.4 / 10 | 7.8 / 10 |
Side-by-side facts
| Detail | Migo | Tbay |
|---|---|---|
| Rate received (latest test) | Migo displayed a rate of ₦1,155 per dollar for our $10 US Razer Gold e-code. The expected payout and final bank amount were both ₦11,550. No fee was recorded. | We tested a $20 US Razer Gold e-code. The rate was 88.37%, or approximately 0.8837 points (₦1,077.63) per $1. |
| Tested payout time (latest test) | 3 minutes | 10 minutes |
| Bank withdrawal time (latest test) | 3 minutes | 3 minutes |
| Support first response | 5 minutes | 1 minute |
| Payout methods | Bank transfer | Bank Transfer |
| Gift card types | Amazon, Apple / iTunes, eBay, Google Play, PlayStation, Razer Gold, Sephora, Steam, Xbox | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, Google Play, Nike, PlayStation, Razer Gold, Roblox, Sephora, Steam, Vanilla, Xbox |
| KYC requirements | Migo did not request identity verification during our test. The account was created using an email address, phone number, username and password. | Tbay did not request identity verification during our test. The account was created using an email address, username and password. |
| Fee structure | No trading or withdrawal fee was recorded during our test. | For this trade, Tbay showed an order amount of approximately ₦23,540.23 (18.6989097 points) and a settled amount of approximately ₦21,552.53 (17.12 points). That leaves a difference of approximately ₦1,987.70 (1.5789097 points). The order page did not clearly label this total difference as a fee, so we calculated it by comparing the order amount with the settled amount. It should not be treated as a standard Tbay charge. The transaction breakdown also showed a dispute deduction of approximately ₦697.13 (0.55376 points). Tbay gave the reason as “incorrect balance or local currency.” This was specific to the tested transaction and is not presented as a regular Tbay fee. |
Frequently asked questions
Is Migo or Tbay better overall?
Tbay is better overall. It scores 7.8 out of 10 against 7.4 for Migo, based on our own trades on both platforms.
Which gives a better gift card rate, Migo or Tbay?
Migo rated better on the card we traded. Our gift card rates score is 9.3 for Migo and 7.5 for Tbay. Rates move daily and vary by card type and denomination, so compare rates per dollar before you sell.
Which pays out faster, Migo or Tbay?
Migo paid out faster in our test: 3 minutes to complete the trade against 10 minutes on Tbay. 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, Migo or Tbay?
Tbay replied first. Support took 1 minute to answer at Tbay and 5 minutes at Migo when we contacted them during testing.