With technology gradually integrating the financial ecosystem, having a basic understanding on money transfers is crucial for maintaining a financial wellbeing and how to transfer Amazon gift card balance to bank account is no exception.
Gift cards are prepaid cards that are loaded with a specific amount of money that can be used for purchases and other financial transactions.
To make the funds on the Amazon gift card more flexible, considering to move them to a bank account is a smart option, but unfortunately, a direct transfer of Amazon gift card balance to bank account isn't possible.
Thankfully, there are some indirect ways to complete the transfer and to learn more, keep reading.
To help you out, we've compiled the best ways to transfer Amazon gift card balance to bank account.
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Can I Transfer Amazon Gift Card Balance To Bank Account?
According to Amazon policy, you cannot transfer Amazon gift cards.
However, you can transfer Amazon gift card balance to your bank account, though not directly.
How to Transfer Amazon Gift Card Balance to Bank Account
As earlier mentioned, you cannot directly transfer Amazon gift card balance to bank account.
However, there are a couple of indirect ways to transfer the Amazon gift card balance which include;
- Redeem the Amazon Gift Card to Amazon Pay.
- Sell the Amazon Gift Card for Cash.
- Contact Amazon Customer Support.
Let's cover each methods in details.
1. Redeem the Amazon Gift Card to Amazon Pay
One of the best ways to transfer Amazon gift card balance to bank account is by redeeming the gift card to your Amazon Pay account.
Thankfully, the process is pretty easy — however, you'll need an Amazon Pay account linked to your bank account.
This method covers two steps;
First, you'll need to redeem the Amazon gift card to your Amazon Pay account, which can be done as follows;
- Go to the Amazon website.
- Click on the "Amazon Pay" link on the homepage.
- Click on the "Add Gift Card" link.
- Enter the gift card/voucher code and click on "Add to your balance" button.
- Your gift card amount will be added to your Amazon Pay balance.
The last thing you'd want to do is to transfer money from Amazon Pay to your bank account which can be done as follows;
- Open the Amazon app.
- Go to Amazon Pay section.
- Tap send money.
- Select the 'to bank' option and enter the bank details.
- Tap the pay now button.
It is as easy as that.
2. Sell the Amazon Gift Card for Cash
Selling the Amazon gift card for cash is another great way to transfer Amazon gift card balance to bank account.
In this method, you'll typically be selling your Amazon gift card on a legitimate gift card exchange platform — and once your gift card is sold, you'll receive the proceeds on your bank account.
To sell Amazon gift card for cash;
- Go to a gift card exchange site (such as Gift Card Granny, CardCash)
- Sell your amazon gift card for cash.
- Request for the money to be sent via bank transfer.
In case bitcoin is a currency you frequently use, you can also sell your gift card for bitcoin instantly.
3. Contact Amazon Customer Support
Another great way to transfer Amazon gift card balance to bank account is by contacting the Amazon customer support and ask them to help.
However, you'd need an Amazon Pay account for this method to work since you'd typically be asking them to help redeem the gift card to your Amazon Pay account.
Once in your Amazon Pay account, you can transfer the balance to your bank account.
To contact Amazon customer support;
- Open the Amazon website and sign into your account.
- Click the three horizontal lines on the left-hand side of the screen.
- Scroll down and click Customer Service.
- Click Payments, Charges, Invoices & Gift Cards.
- Click Gift Cards.
- Choose Unable to use gift card and follow the prompts.
Can You Transfer Amazon Gift Card Balance to PayPal?
You cannot directly transfer amazon gift card balance to PayPal.
You can sell your amazon gift card on a gift card exchange platform and request to get paid through PayPal.
However, you can also add your amazon gift card to PayPal and use it as a funding source for your PayPal transactions. Here's how to do it.
- Log into your PayPal account or create and verify one.
- Tap "Link a Debit or Credit Card."
- Tap "Link Card Manually."
- Enter the card information
- Finally, tap "Link Card."
Can You Exchange Amazon Gift Cards for Cash?
Yes, you can convert your Amazon gift cards for cash.
You'll need to place the gift card for sale on a gift card exchange platform and choose how you'd like to receive the money once the gift card sold.
Can Amazon Gift Cards be Used in Stores?
Only Amazon products and services are eligible for Amazon gift cards. Amazon Prime, Kindle, Amazon Fresh, and Amazon Marketplace are among these offerings.
If you're wanting to buy gift cards, Amazon is a great place to start. They not only let you transfer the balance to a bank account, but they also have a variety of gift cards to choose from.
There are additional choices if you can't transfer the remaining monies on the gift card to a bank account. You can, for example, exchange them for other gift cards at kiosks or sell them if you need cash right away.
Can You Transfer Amazon Gift Card To Another Account?
According to Amazon policy, you cannot transfer Amazon gift cards to other account.
Simple put, a direct transfer of Amazon gift card to other accounts is currently impossible, and you can only transfer the balance through indirect and tricky methods.
Can You Transfer Amazon Gift Card Balance To Credit Card?
No, you cannot transfer the Amazon gift card balance to credit card since Amazon gift cards cannot be transferred.
Final Thoughts: Transfer Amazon Gift Card Balance to Bank Account
Amazon gift cards are prepaid gift cards that can only be used for purchases on Amazon and partner retailers.
You cannot directly transfer amazon gift card balance to bank account as Amazon policy stands against direct transfers from the Amazon gift card.
You can only use indirect methods to transfer the Amazon gift card balance.
Thankfully, this guide compiles a couple of effortless ways to transfer Amazon gift card balance to your bank account.