E-commerce
Guide to Transferring Amazon Gift Card Balance to Bank Account: Alternative Methods
How to Transfer Your Amazon Gift Card Balance to a Bank Account: Alternative Methods
Trying to withdraw the balance from an Amazon gift card directly to your bank account is not possible due to Amazon's policies. However, there are alternative methods and workarounds that can help you access your funds. This guide will explore the most effective ways to transfer your Amazon gift card balance to a bank account.
1. Transfer the Gift Card Balance to Your Amazon Pay Balance
This method involves moving the funds from your Amazon gift card to your Amazon Pay account, which can then be transferred to your bank account.
Go to Amazon Pay and sign in with your Amazon account. Select the button to add a gift card balance to your account on Amazon Pay. Apply the gift card balance to your Amazon Pay account. Once the balance is in your Amazon Pay account, you can transfer the funds to your bank account by clicking on the 'Transfer Funds' or similar button.2. Contact Amazon Customer Support
Although direct transfers to bank accounts are not supported by Amazon, their customer support can offer assistance in moving funds from your gift card to your account.
Log in to your Amazon account and click on 'Contact Us' or 'Support'. Select the appropriate category, such as 'Payment Issues'. Follow the on-screen prompts and click on 'Next' or 'Submit'.3. Sell Your Amazon Gift Cards Through Third-Party Sites
You can sell your Amazon gift cards on various online platforms to get cash or store credit.
Several websites such as Raise, CardCash, and Gift Card Granny allow you to sell your Amazon gift cards for cash. Sign up for an account on one of these websites and provide the necessary information. Set up a payment method, list your Amazon gift card for sale, and wait for a buyer. Once the buyer receives and verifies the gift card code, you will receive payment.Keep in mind that the amount you receive in cash may be less than the gift card's value, especially if you use third-party services or exchange kiosks.
4. Post on Reddit for Gift Card Exchanges
Subreddits dedicated to gift card exchanges can be a great place to find buyers for your Amazon gift card.
Visit subreddits such as r/GCTrading and r/giftcardexchange. Familiarize yourself with the rules set by the moderators. Set your price and negotiate with potential buyers. After agreeing on payment terms, send the gift card to the buyer.5. Sell Your Gift Cards Directly to Other People
A more direct approach can be to sell your Amazon gift cards to people you know or on your social media accounts.
Selling directly may allow you to get the full value of your gift card.6. Use Exchange Kiosks
Find a reputable exchange kiosk that accepts Amazon gift cards and exchange them for cash or store credit.
Bring your gift card to the kiosk and enter the gift code. The kiosk will offer you a quote for your gift card. If you accept, you can receive cash or store credit payments.Remember, the amount you receive in cash may be less than the gift card's value, especially if you use third-party services or exchange kiosks.