Can amazon gift card be transferred to bank account

Q: Can you turn an Amazon gift card into cash?

Amazon wont let you return the gift card for cash, and you cant ask the person who gave you the card to take it back and give you money instead. Amazon sells groceries that can be delivered to your doorstep, including: Drinks.

There are certain restrictions in connection with the use of Amazon.com Gift Cards. If you engage in these activities, Amazon.com may prevent you from claiming or redeeming gift cards, or may take further action on your account without a refund. You may not:

Table of Contents Show

Can You Transfer Your Amazon Gift Card Balance To Your Bank Account?
How To Transfer Your Amazon Gift Card Balance To Your Bank Account – Indirectly
1. Buy Something With A High Resale Value
2. Buy Household Items
3. Save The Balance For Gift Purchases
4. Buy Something For Friends And Have Them Repay You
5. Check Out Some Of Amazon’s Other Services
6. Use A Gift Card Exchange Service
Frequently Asked Questions About Amazon Gift Cards
Can You Buy Other Gift Cards Using Using Amazon Gift Cards?
Can You Convert Your Amazon Gift Card Balance To PayPal?
Can you turn an Amazon gift card into cash?
Can I transfer my Amazon balance to my bank account?
Can you transfer a gift card to your bank account?

Sell or exchange a gift card for cash or for any other prepaid payment instrument.
Give or receive a gift card as payment for goods or services off of Amazon. A non-Amazon entity or individual asking for Amazon.com or third-party gift cards as a payment method for goods or services may be a scam. See our common gift card scams page for more details.
Purchase a gift card from an unauthorized third party as we cannot guarantee that they are legitimate.
Use a gift card as payment for orders placed for commercial reasons (i.e. sourcing inventory online). That is, you may not use our Amazon.com Gift Cards to fulfill sales or fund purchases that you are making with the intent of reselling or exporting the goods or services.
Use a gift card to purchase certain ineligible goods and services such as collectible coins or other gift cards. The goods and services eligible for purchase with our Amazon.com Gift Cards are subject to change in our sole discretion. You'll need to provide a credit card, debit card, or other valid payment method to pay for an order that includes any ineligible items.
Transfer a gift card to another account once the claim code has been redeemed.
Redeem a gift card to an account if you are not the intended recipient. An example of when you are the intended recipient is if you received the gift card as a gift. You are not the intended recipient if you fraudulently deceived the purchaser into giving or selling you a gift card (even if they willingly do so at the time of transfer).
Use a gift card for any illegal or unauthorized purpose.

The list of prohibited activities above is not intended to be a complete or exhaustive list of all prohibited activities. Engaging in any activity that, in our sole discretion, disrupts, or is harmful to our customers, reputation, goodwill, business, or operations is prohibited. Engaging in any prohibited activities, or using an Amazon.com Gift Card in violation our Gift Card Terms and Conditions may result in our taking action(s) against you, including, but not limited to, preventing you from claiming or redeeming gift cards, revoking gift card balances, or closing your account consistent with our Gift Card Terms and Conditions.

Please read our Gift Card Terms and Conditions for a full list of rules and restrictions.

If you’ve amassed a large gift card balance within your Amazon account, you may be wondering if there’s anyway to convert into cash.

After all, there’s only so much you can spend on Amazon, and there are plenty of reasons you may wish to withdrawal it.

So, can you transfer your Amazon gift card balance to your bank account, and what other uses could you have for the balance?

In this article, we’ll cover everything you need to know!

Can You Transfer Your Amazon Gift Card Balance To Your Bank Account?
How To Transfer Your Amazon Gift Card Balance To Your Bank Account – Indirectly
- 1. Buy Something With A High Resale Value
- 2. Buy Household Items
- 3. Save The Balance For Gift Purchases
- 4. Buy Something For Friends And Have Them Repay You
- 5. Check Out Some Of Amazon’s Other Services
- 6. Use A Gift Card Exchange Service
Frequently Asked Questions About Amazon Gift Cards
- Can You Buy Other Gift Cards Using Using Amazon Gift Cards?
- Can You Convert Your Amazon Gift Card Balance To PayPal?
Conclusion
- Related posts:

Can You Transfer Your Amazon Gift Card Balance To Your Bank Account?

Unfortunately, there is currently no way to transfer your Amazon gift card balance to your bank account.

Amazon gift cards are intended to be use on Amazon or on Amazon-owned services. Therefore, they have not included any way to withdrawal your funds.

However, there are things you can do to maximize the value out of your Amazon gift card, and convert into cash indirectly. While there are a few extra steps involved, they are a guaranteed method that works.

Note: While researching Amazon gift cards, I noticed other websites mentioning a service called Amazon Pay. Although they claim you can use Amazon Pay to withdrawal your gift card balance, this is false. Amazon Pay is focused towards merchants who are collecting funds for sale of their own goods and services. It cannot be used to redeem Amazon gift card balances. However, you may be able to purchase items at other merchants that accept Amazon Pay.

How To Transfer Your Amazon Gift Card Balance To Your Bank Account – Indirectly

It’s unfortunate, but there’s no way to directly deposit the funds into your bank account. However, there are still some things you can do to make the most of your gift card balance, that will still work even if your balance is very large.

Let’s look over some of these ideas now!

1. Buy Something With A High Resale Value

This is one of the most straightforward options, if your ultimate goal is to have cash in your bank account.

Simply buy something on Amazon, and turn around and sell it for most of what you paid for it. Some examples of items with a high resale value include consumer electronics, photography equipment, and musical equipment.

You should ensure all items are in perfect condition and unused, in order to maximize their resale value.

Unfortunately, finding a buyer can take some time, and you are unlikely to receive the full price that you paid for the item. However, this can be one way to get back most of your gift card balance back in cash.

Note: Buying something with the intent of returning it won’t work. All Amazon refunds are processed to the original payment method you use for the order, meaning that it will simply be returned to your gift card balance. This is true even if you use multiple gift cards.

2. Buy Household Items

Amazon is called ‘the everything store’, because they seem to sell just about everything.

This includes common households items that you’re already paying for, such as food, toiletries and clothing. Best of all, these items are sold for around the same price (or sometimes cheaper) than you’d find them in store!

Therefore, you can effectively save money by purchasing these items on Amazon instead, rather than using cash or debit / credit cards to purchase them in retail stores.

You could then use this saved cash to purchase anything else off Amazon that you may wish.

If you take a look around, you’ll find that you really can buy just about anything on Amazon, so there’s no harm in letting the funds sit within your Amazon account for a while!

3. Save The Balance For Gift Purchases

Even if you have no desire to purchase anything for yourself, carrying an Amazon gift card balance can still be useful when it comes time to purchase gifts for others.

With millions of different gift items available for purchase on Amazon, you will no longer have to worry about them if you have a high gift card balance.

This means you can be much more generous without having to stress about finances during the holiday season, or when shopping for someone’s birthday.

Ultimately, any money that you save while using your gift card balance amounts to saving the equivalent amount in cash. So, although it may take a little bit longer to spend, you still end up with the same amount of cash in the long run.

4. Buy Something For Friends And Have Them Repay You

This is another indirect method that can work incredibly well, provided you know someone else that wants to order on Amazon.

Simply order the item on their behalf using your gift card balance, then have them give you the cash after the order has been placed.

With services such as PayPal, Cash App and Venmo being so popular these days, friends and family can send you money almost instantly without high fees being involved.

So, this is a great workaround to get some of that gift card money into your bank account – even if you can’t withdrawal it all at once.

5. Check Out Some Of Amazon’s Other Services

Amazon is so much more than just a store that sells physical goods. Being one of the largest companies on Earth, they’ve expanded to many different areas that many people don’t know about!

Therefore, you may consider exploring some of these options if you need a way to spend some of your gift card balance.

Some examples include:

Amazon Prime Video – For renting or buying movies and TV shows. Note that Amazon movie rentals can be watched an unlimited number of times during the rental period.

Kindle Unlimited + The Kindle Store – The world’s largest collection of eBooks and other reading material. Amazon gift cards can be used for Kindle purchases, so this is a great option!

Amazon Luna – Amazon’s cloud gaming service.

Amazon Photos – Store and organize all of your photo and video in one place, backed up securely on the cloud.

Audible – Amazon’s platform for audiobooks.

These are only a few examples. Amazon’s marketplace is huge, so don’t be afraid to think outside the box! Again, they don’t call Amazon ‘the everything store’ for nothing!

6. Use A Gift Card Exchange Service

Lastly, this is an excellent option if you have a physical gift card, and it hasn’t yet been redeemed to your Amazon account.

Gift card exchanges allow you to exchange gift cards for other gift cards, or even redeem them for cash.

While there is a slight fee for most gift card exchanges, it’s still a nice way to get money for instead – especially if you received a lot of gift cards as presents, for example.

Two popular gift card exchanges include CardCash and Raise.com.

Remember, these services will only work for gift cards that have not been redeemed yet.

Once the funds are added to your Amazon gift card balance, the card is considered redeemed and can no longer be traded.

Frequently Asked Questions About Amazon Gift Cards

Let’s look over a few other questions regarding Amazon gift cards, and transferring the balance.

Can You Buy Other Gift Cards Using Using Amazon Gift Cards?

Unfortunately, the answer is no. You are not able to use Amazon gift cards to purchase other gift cards on Amazon’s website.

However, if you have a physical gift card, you can exchange it for other gift cards using a gift card exchange.

Can You Convert Your Amazon Gift Card Balance To PayPal?

No. Unfortunately, you are not able to transfer, redeem or convert your Amazon gift card balance to PayPal.

Once a gift card has been redeemed, it can only be spent on Amazon.com or other platforms that Amazon owns or supports, with the exception of other merchants that accept Amazon Pay as a payment method on their websites.

Conclusion

Unfortunately, there is no way to transfer your Amazon gift card balance to your bank account directly.

However, by using one of the workarounds listed above, you’re sure to gain the most value out of your gift card balance, and get roughly the cash equivalent in the end.

I hope that you’ve found this article helpful. If you have any other questions about Amazon gift cards, please ask them using the comment form below.

Wishing you the best,

– James McAllister

Can you turn an Amazon gift card into cash?

Amazon won't let you return the gift card for cash, and you can't ask the person who gave you the card to take it back and give you money instead. Amazon sells groceries that can be delivered to your doorstep, including: Drinks.

Can I transfer my Amazon balance to my bank account?

If you want to withdraw funds from your Amazon Payments account, you can do so by initiating a transfer to your bank account. To transfer funds to your bank, you must complete the bank account verification process. Learn more about withdrawing funds from your Amazon Payments Account.

Can you transfer a gift card to your bank account?

You can link your gift card to PayPal, Venmo, or Cash App and forward the money to your bank account. This is the cheapest way to exchange gift cards for cash. The more expensive ways include selling the gift card on a specialized website or mobile app, or even an exchange kiosk in your mall.