How to Transfer Amazon Gift Card Balance to Bank Account

A gift card is a kind of virtual money and has a fixed value, which is always welcome as a gift to customers. This type of gift card is available in many online shops or e-commerce platforms where you can shop. Similarly, Amazon gift cards are also the same, you can make purchases on Amazon with your gift cards, as well as transfer them to your bank account.

You can also buy your Amazon gift card on the Amazon website and you can send it to anyone as an amazon e-gift card. Most people don’t want to keep their gift cards for a long time, they want to use them anyhow.

As it is virtual money we know, still users prefer it to convert into cash. Because cash is accepted everywhere in the world and you can transfer to someone, can shop and importantly it is more secure.

Gift cards are not accepted at every store, you must visit stores that accept gift cards. In this case, it is best to convert your gift cards into cash. You can buy gift cards in many places, amazon is one of them and the most popular.

So, if you have Amazon gift cards, you can use them on amazon to purchase millions of products. Each gift card has a certain value, if you don’t want to use them for purchase, then you can transfer them as cash to your bank account.

What is Amazon Gift Card Balance?

Your Amazon gift card balance is an amount that is the total balance of all gift cards applied to your Amazon account. Therefore, all of your unused gift card balances will remain associated with your Amazon account which hasn’t yet been applied to purchases. It is also called an Amazon Balance, Gift Card Balance or GC Balance.

To view your Amazon Gift Card balance, log in to your Amazon account and your balance will be displayed in your account. You can make a purchase with your gift card balance, but if this balance runs out during a purchase, you’ll need to make a purchase with another payment method.

So, an Amazon gift card is an amount that you can use to shop on Amazon and send to your loved ones. There are many types of gift cards available on Amazon and you can even customize the prices of the gifts before purchasing. You can buy gift cards on Amazon for any occasion as birthday gifts, thanksgiving gifts, wedding gifts etc.

Types of Amazon Gift Cards

There are three main types of gift cards available that you can buy and distribute to anyone. Price may vary and you can choose your price bracket and buy. These are…

  1. eGift Cards
  2. Physical Gift Cards
  3. Print At Home Gift Cards
eGift Card

There are three types of eGift Card designs available, i.e Standard, Animated and Photo/Video. This is an electronic version of a physical amazon Gift card and you can send them through Text SMS or email.

There are several amount options available, choose the amount or enter yours that best suits your budget. The minimum value of the e-Gift card must be at least $1.00. The following are the terms of the Amazon eGift Card.

  • Amazon eGift Cards never expire and do not incur any fees.
  • Available for immediate delivery.
  • Gift cards sent by email can be scheduled up to a year in advance.
  • Gift cards are redeemable for millions of items on Amazon.com or certain affiliated websites.
  • No returns and no refunds on gift cards.
  • Amazon.com Gift Cards may only be used to purchase eligible goods and services on Amazon.com and certain related sites.
Physical Gift Cards

Amazon Physical Gift Cards are usually affixed inside a box and the amount not be printed on the box. There is no expiration date or fee for a physical gift card on amazon. No returns and refunds policy applies and they are redeemable towards millions of items at amazon. Scan and redeem any gift card from your mobile via the Amazon app. One-day shipping and customized gift messages if selected at check-out.

See also – Amazon delivery time

Print At Home Gift Cards

Buy Print AT Home Gift Cards directly from Amazon in minutes. Select your amount or enter the amount that suits you. There are two designs available, standard and your photo.

  • Visit Amazon’s gift card page and select Amazon Print at Home.
  • Choose the design which you want to print.
  • Click on the amount or enter more than your $1.00, message and select the quantity.

That’s all. You will get the gift card in a PDF file. Print it and fold it and give it to loved ones.

How to Purchase a Gift Card on Amazon?

Go to the Amazon website and log in with your username and password. Visit the amazon gift card page and select your gift card:

  1. Choose the amount or enter the amount that suits your budget.
  2. Select delivery options (Text SMS or email).
  3. Enter your name.
  4. Enter a message that you like to send along with the Gift Card.
  5. Select quantity and delivery date.

There are several payment methods available, like Paypal, debit cards, credit cards, bank accounts, etc. You can choose any payment method that suits you. One can redeem instantly on receiving an Amazon Gift Card.

So, all payment online methods are support in the US, but Indian people can choose UPI, Debit Card, Credit Card, Net Banking, Amazon Pay etc.

How to Redeem Your Gift Card?

It’s very easy, you don’t need to do anything else. Amazon gift cards can be redeemed to purchase millions of eligible goods and services on Amazon. Furthermore, you can transfer your Amazon Gift card balance to your bank account.

How to Transfer an Amazon Gift Card Balance to a Bank Account?

It’s very easy to transfer your Amazon gift card balance as cash to your bank account. As we know fund transfers to a bank account are a simple task, you need only a few clicks.

  1. Go to the Amazon Pay website @ www.pay.amazon.com.
  2. Click on “Shoppers” and log in.
  3. Select “Withdraw Funds“.
  4. Choose your bank account.
  5. Select the amount you want to transfer to the bank account.

The fund will be credited to your bank account within 3/5 business days. Your gift card balance will be reflected in your Amazon account what you have withdrawn.

How to Exchange Amazon Gift Cards for Cash in Stores?

As we mentioned Amazon Gift Cards can only use on Amazon and their authorized partners. Amazon offers various services, such as Amazon Prime, Amazon Fresh, Amazon Kindle and Amazon Marketplace. Not only you can buy products on amazon through gift cards, but also transfer the balance to your bank account.

But, there are three ways in which you can also exchange your amazon gift cards for cash. These are…

  • Kiosk: The kiosk is a shopping and grocery mall, here you can convert your gift card into cash at minimal charges. You don’t need to do anything, the Kiosk staff will complete the whole process.
  • Persons: You can sell it to someone at any time if needed.
  • Websites: There are many websites available that accept Amazon gift cards for a fee. You have to pay the minimum fee and they will transfer the amount to your bank account. Craffin is a gift card store for buying or selling gift cards that you have purchased online from Amazon or other sites.
Reasons to Buy an Amazon Gift Card

There are several reasons to buy amazon gift cards, as it never expires, and you can send them via text SMS and email.

  • There are no charges.
  • You can choose your own design gift card.
  • There are millions of products you can buy through your gift card balance.
  • Also, you can transfer your gift card balance to your bank account.

Check also – How much amazon drivers earn money

FAQs

Source: amazon.com

Q: What is Amazon Gift Card?

A: Amazon Gift Card is one gift you can buy on Amazon and send to your loved ones

Q: How do you redeem your Amazon Gift Card?

A: Amazon gift cards can be redeemed to purchase millions of eligible goods and services on Amazon.

Q: Is there any fees or expiration dates for Amazon Gift Cards?

A: Amazon Gift Cards have no fees and no expiration dates.

Q: What are the shipping costs for Amazon Gift Cards?

A: Physical Amazon gift cards (except Anytime Gift Cards) are delivered with free one-day shipping when you select One-Day Shipping at checkout.

Conclusion

Amazon gift cards are like virtual money, you can buy and send them to someone via text SMS or email. There are many websites for buying gift cards, but Amazon is one of the largest, where you can buy e-Gift Cards, Physical Gift Cards, or Print-at-Home Gift Cards. As we mentioned earlier, it is possible to convert gift cards by selling them to someone, at exchange kiosks or by exchanging them on various websites.

About Bankshala team

We are a dedicated professional team, working closely with each other to provide quality content in the banking and finance sectors. Some editors have been investing in the stock market for almost 15 years and have a lot of experience.

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