Gift works just like bank cards where money can be added and used to make purchases for your online shopping, as well as gifting your friends.
Yes, people do gift a friend a gift card, probably as a gift. A gift card makes it convenient for people to make payments for their purchases both in in-store and online stores.
A gift card can be found in popular stores, like Amazon, Walmart, and the like. Most popular stores have their own branded gift cards.
You can reload a gift card, by adding more funds to it, as long as it is eligible for what it wants to be used for, instead of continuously purchasing a new gift card.
However, there are times when you need some cash to solve some expenses at the moment, and you are short of money in your bank account.
If you have a loaded gift card, you can transfer the money to your bank account, and withdraw it using any of the Money outlets available.
In this article, the main gift card brand I will be explaining is the Amazon gift card. Therefore, I Will be showing you can easily transfer your Amazon gift card balance to your bank account.
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How To Transfer Amazon Gift Card Balance To Bank Account
If you are wondering how possible it is to transfer your Amazon Gift card balance to your Bank Account, then you are in the right article
When you need physical cash, it is possible to transfer the amount available in your Amazon gift card to your bank account.
Transfer your Amazon Gift card balance to your bank account can be done through the following Steps:
- Step 1: Go to Amazon Pay
- Step 2: Tap on Shoppers, and sign in using your Amazon details.
- Step 3: Click on withdraw funds
- Step 4: Select a Bank account
- Step 5: Enter the amount which you want to transfer to your bank account.
- Step 6: Tap Continue
How Do You Pay for Amazon Gift Cards?
Amazon Gift cards can be purchased using several payment platforms… either through your credit or debit card or your bank account is a sure way to buy an Amazon Gift card.
You can consider making an online payment to purchase an Amazon gift card. The platform supports quite a large number of banks in the US.
Can You Exchange Amazon Gift Cards for Cash?
If you don’t know how to transfer your gift card balance to your bank account, for whatever reason, you can also sell it to a gift card vendor in return for money.
There are several vendors available that buy gift cards, and give you money. These vendors could be a person or a website or a kiosk, whatever they are, all it is required is, to send them your gift card details, they make the process, and send you your money to your bank account.
However, you must ensure to deal with a legit gift card vendor, so you won’t be scammed, ensure that the vendor is truly legit and not fake.
Can I Turn My Amazon Gift Card Balance Into Cash?
Yes, the amount in your gift card is cash, but is a kind of electronic money, and not accessible physically, however, you can turn your gift card balance into physical cash.
Either by selling it to a vendor, you will be paid directly to your bank account or debit card, or rather, you can directly transfer your gift card balance to your bank account from Amazon pay.
Either option you decide to choose will help you turn your Amazon gift card balance into cash.
Sell My Amazon Gift Card
You can sell your Amazon gift card in exchange for money, this can be possible by selling to a Legitimate gift card vendor.
What you have to do is to look for a particular gift card vendor, and then you will have to send your gift card details to the vendor. Once the vendor is done processing the gift card, you will then be sent the amount available on your Gift card, although an extra charge may be applied.
Do Amazon Gift Cards Expire?
Amazon Gift cards don’t expire, they could be used for years, without any hassle, however, gift cards could be limited to certain products on the Amazon website.
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Conclusion
Gift cards, allows you to add some amount of money and use it to make payment for both your online and in-store purchases.
There are several gift cards available, most gift cards are store-branded cards and therefore can be used to purchase products for a store.
However, you can transfer your Amazon gift card balance to your bank account, this can be possible by either selling it out to a Gift card vendor or probably using other means of exchanging a gift card with physical money.