Can amazon gift card balance be transferred to bank account

Can amazon gift card balance be transferred to bank account

Good day, guys,

I am going to be taking you through how to transfer an amazon gift card balance to a bank account in 10min

Let me first start with what gift card is and why amazon did not allow just converting it to cash with ease.

Amazon Gift Card is just a card giving has a gift has the name implies gift card.

So, it should not have any value than a gift and should be used on amazon since it is an amazon gif card

That’s why amazon only allows the gift card should be used on amazon only and not any cash value

But today I will teach you to get that gift card transfer into your bank account in less than 10 min work.

A lot of people want to know this because a lot of people have access to amazon gift card but we need to settle other bills, not on amazon

So this is a great opportunity for you to help others too.

Contents

  • 1 How To Transfer Amazon Gift Card Balance To Bank Account
    • 1.1 Transfer Amazon Gift Card Balance To Bank Account using Venmo
      • 1.1.1 STEP ONE
      • 1.1.2 STEP TWO:
      • 1.1.3 STEP THREE:
      • 1.1.4 STEP FOUR:
  • 2 Summary: How To Transfer Amazon Gift Card Balance To Bank Account

We are going to be making use of a popular payment channel called VENMO

Venmo is a simple channel that is used to send and receive money from family and friends

So how are we going to go about it?

Can amazon gift card balance be transferred to bank account

Transfer Amazon Gift Card Balance To Bank Account using Venmo

I will break these steps into 4 simple steps;

You will need two Venmo accounts ;

Probably your Venmo account and any of your family Venmo account

Venmo is free and easy to sign up you can sign up one for yourself and one for your brother or sister if you guys did not have a Venmo account before. Venmo.com

STEP ONE

What we are going to do here is to link our amazon gift card to our Venmo has a payment method

Go to settings and add your amazon gift card as a payment method or backup payment method as shown in the screenshot below…

Can amazon gift card balance be transferred to bank account

STEP TWO:

After you have successfully added an amazon gift card to the payment method on your Venmo account

Now add a bank account to the other Venmo account maybe your sister or brother Venmo account..

It’s just the same process as shown above

STEP THREE:

Now let do the magic

You will now send money to that your brother or sister Venmo account from your Venmo account using the attached gift card has the payment

And he or she will receive the money in his or her Venmo account

Can amazon gift card balance be transferred to bank account
How To Transfer Amazon Gift Card Balance To Bank Account Using Venmo

STEP FOUR:

Now finally ask your brother or sister to send the money to his or her linked bank account and the money will be transferred to you

Anyways this is the simple way to get an amazon gift card to your bank account with ease in less than 10 Min work.

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Summary: How To Transfer Amazon Gift Card Balance To Bank Account

You just need two Venmo account

  • Link Amazon Gift Card To One
  • Link Your Bank Account To One
  • Send the fund from the Venmo with linked amazon card to the other one
  • Then when you receive money from the other account transfer it to your bank

But if you find this tricky or you just need another easy method you can check our article about how to send amazon gift card to PayPal

Can amazon gift card balance be transferred to bank account

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 I cash out my Amazon Gift Card balance?

You may not: 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.

How do I transfer a gift card balance to my 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.