How to transfer Amazon gift card balance to bank account

A Guide to Transferring Amazon Gift Card Balance to a Bank Account

Samuel Akpan November 10, 2023

0 169 2 minutes read

Introduction:

How to transfer Amazon gift card balance to bank account: Amazon gift cards are a popular and versatile way to send and receive gifts. However, sometimes you may find yourself in a situation where you would prefer to convert the balance on your Amazon gift card into cash or transfer it to your bank account.

While Amazon does not offer a direct way to do this, there are alternative methods you can explore. EnoughInfo.com

Sell Your Amazon Gift Card:

One of the most straightforward ways to convert your Amazon gift card balance into cash is by selling it. Several online platforms, such as Gift Card Granny, Raise, and Cardpool, allow users to sell their gift cards. You can list your Amazon gift card for sale, and once a buyer is found, you will receive cash or a deposit into your bank account. Keep in mind that these platforms may charge a fee for their services.
Use a Gift Card Exchange Website:

There are websites specifically designed for gift card exchange, where users can buy, sell, or trade their gift cards. Websites like CardCash and Card Kangaroo allow you to sell your Amazon gift card and receive payment via check, PayPal, or direct deposit to your bank account. Before using any of these services, be sure to read user reviews and understand the terms and fees associated with the transaction.
Trade with Friends or Family:

If you have friends or family members who frequently shop on Amazon, you might consider trading your Amazon gift card balance for cash with them. This can be a simple and direct way to get cash in hand without involving third-party platforms. Ensure that both parties are comfortable with the exchange terms.
Use a Peer-to-Peer Payment Service:

Peer-to-peer payment services like PayPal or Venmo can be another option to transfer your Amazon gift card balance to your bank account indirectly. You can use these platforms to send money to a trusted friend or family member who can then transfer the equivalent amount to your bank account. Keep in mind that these services may also have transaction fees. how to cure mouth infection naturally(The Ultimate Guide)
Purchase Items and Resell:

Another creative approach is to use the Amazon gift card to purchase items that have good resale value. Once you’ve bought these items, you can sell them on platforms like eBay or local classifieds. This method may require some effort and research to ensure you choose items that will sell at a profit. How to Find Music on Instagram( All You Need To Know)

Conclusion:

How to transfer Amazon gift card balance to a bank account: While Amazon itself does not provide a direct method for transferring gift card balances to a bank account, there are several alternative routes you can explore. From selling your gift card on dedicated platforms to using peer-to-peer payment services, each method has its pros and cons.

Before proceeding, it’s crucial to consider the associated fees, read reviews for third-party services, and ensure that the method you choose aligns with your preferences and comfort level. Always prioritize safety and security when engaging in any financial transactions.