Amazon gift cards are the most welcomed present by almost any online shopper. Yet, only some people want to use them on the website. Sometimes, having a gift card balance can help you get out of a jam.
You should learn how to transfer an Amazon gift balance to your bank account. So let's dig right in.
Suppose you have unused Amazon cards and are not a big online spender. What can you do in this case? Can you transfer your Amazon gift card balance to your bank? The short answer is yes. And the process takes a few simple steps.
Step 1: Sign into your Amazon profile.
Step 2: Select "Your Balance" from the "Your Account" tab.
Step 3: Choose "Redeem a Gift Card."
Step 4: Select the amount you want to transfer and click "Continue."
Depending on the type of bank, the sum will be available in cash within 3–5 business days, on average.
Besides getting monetary value from your Amazon gift cards, many benefits come with this procedure.
Transaction fees can be your primary concern when transferring an Amazon gift card balance to your bank account. But don't worry—no fees will be charged during the transfer.
Once the sum is available for cash, you can easily access the funds using a debit card, checkbook, or ATM card.
You should cash out with your debit card if your bank is not linked to your Amazon profile. Take a look at these easy steps.
Step 1: Sign in to your profile.
Step 2: Select "Manage Your Content and Devices" from the "Your Account" menu.
Step 3: "Add a new payment method" and choose "Amazon Gift Cards" as your preferred option.
Step 4: Type in the number and PIN code of the gift card to link it to your bank.
You can quickly transfer your Amazon gift card to cash through debit cards. Depending on your bank, the transaction can take about three business days. Although this method might be faster, it comes with a small fee to pay. So before making your final choice, make sure to inform yourself.
How can you transfer an Amazon gift card balance to get instant funds? Venmo is the go-to choice for many customers, as it's easy to set up and entirely free. However, keep in mind that this transaction requires two Venmo accounts.
If you haven't already, create your personal Venmo account, and you'll be ready to go.
Step 1: Link your Amazon gift card to your Venmo account.
Step 2: Connect your bank account to the second Venmo profile.
Step 3: Transfer the funds from your primary Venmo profile to your second one.
Step 4: Withdraw the balance to your bank.
Venmo is among the best cash apps for people that want to turn Amazon gift cards into instant funds.
Although this procedure might initially sound complicated, it's pretty simple and fast. If you own a Venmo account, you can transfer your Amazon gift card balance in less than 15 minutes.
Are you worried about hidden fees? That's not the case with Venmo. The platform will take little to no additional expenses.
Whether you're looking for a present for your hard-to-please parents or a thank-you card for your friends, an Amazon gift card might be the best solution. But how many types of Amazon gift cards can you purchase?
Usually, customers prefer buying gift cards straight from the Amazon website. Depending on your present (birthday, Christmas, or thank-you gift), you can choose a standard design or upload a personalized picture.
Enter the desired amount, the type of delivery, your name, the recipient's address, and the message you want to deliver. Then, you can choose between a preset amount of $15, $20, $25, $50, $75, or $100, or enter your own (up to $2,000).
Remember—the e-gift card is only valid for purchases on Amazon.com and cannot be used on Amazon websites in other countries.
Can Amazon gift cards be bought in certain brick-and-mortar stores? The answer is yes.
Like e-gift cards, physical cards also come in different cute designs—gift boxes, greeting cards, reveal, micro envelopes, gift tags, sliders, and gift bags are a few examples.
Here's a list of retailers that sell Amazon gift cards:
Unfortunately, the mega-retailers Target and Walmart don't sell Amazon gift cards in-store.
You can also purchase and print gift cards from the Amazon website in just a few minutes. Similar to other card types, these gift cards allow you to select a standard design or upload your own.
Here's how you get your hands on one:
Step 1: Go to "Amazon Print At Home."
Step 2: Select a design or upload your image.
Step 3: Enter the value of your gift card (from $1 to $2,000).
Step 4: Select your chosen message.
Step 5: Enter the number of cards you want to purchase.
Step 6: Receive the card in PDF format. Print it, fold it, and give it to the recipient.
Whether you buy an e-gift card or a physical one, Amazon gift cards come with various benefits.
For starters, gift cards are the perfect present for holidays and other special occasions—especially if you don't know what to buy.
Besides purchasing anything you need from the most prominent e-commerce retailer, Amazon gift cards can also help you keep track of expenditures and avoid bank overdrafts.
Yes, converting an Amazon gift card into currency is possible—and here's how you can do that.
Amazon gift cards are relatively safe to use. However, the card won't be active until you redeem the code to avoid identity theft.
Here are a few simple steps to claim your gift card successfully.
Many people have wondered how to transfer their Amazon gift card to a bank account. We hope we have replied to all of your most pressing questions.
Suppose you've been handed an Amazon gift card and want to spend it on groceries, prescribed medication, gas for your car, or other everyday emergencies. In that case, you can always turn it into cold hard cash.
In addition to purchasing items on the Amazon marketplace, you can always use your gift card at other online retailers, including AllSaints.com, Bodybuilding.com, Adam and Eve, 1800PetSupplies, etc.
In short, yes. If you need emergency money, you can withdraw the balance of your Amazon gift card to your bank, debit card, or Venmo account.
The article covered how to transfer an Amazon gift card to your bank account and other payment methods. But that's not the same with PayPal. As Amazon and PayPal are currently on poor terms, it's impossible to convert an Amazon gift card balance into your PayPal wallet.
Policy Advice is a website devoted to helping everyday people make, save, and grow money. While our team is comprised of personal finance pros with various areas of expertise, nothing can replace professional financial, tax, or legal advice.
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