How to transfer Amazon gift card balance to a bank account

Amazon gift cards are great gifts but a challenge arises when the recipient cannot use them to purchase their items of choice via the Amazon website. The best alternative option is for the recipient to transfer the Amazon gift card balance to a bank account so that the proceeds are used to purchase whatever they want. While this is a great idea on paper, Amazon makes it quite difficult sing the gift cards were created specifically to only be used on the Amazon website or affiliated sites.

While this may seem like a conundrum, we have found four alternate ways to help you access the funds in your Amazon gift card without stress.

Four ways to transfer Amazon gift card balance to a bank account

As noted earlier, you cannot directly transfer your Amazon gift card balance to your bank account due to Amazon’s policy. However, here are six alternative methods to transfer the gift card balance to your bank account and ways to convert an Amazon gift card to cash.

Transfer the gift card balance to your Amazon Pay balance

  • Visit Amazon Pay.
  • Sign in using your Amazon account.
  • Select the Gift cards option.
  • Click redeem a gift card.
  • Type the voucher code, click apply to your balanceor click add to my account link on your email for Amazon email Gift Cards.  
  • Your gift card balance will show on your Amazon Pay account.
  • The next phase is to transfer money from Amazon Pay to your bank account. Kindly go to Amazon Pay, click send money, click add to bank option, and input your bank details.
  • Finally, click pay now and the funds will be transferred to your account.

Post on Reddit

  • Go to the r/GCTrading and r/giftcardexchange Subreddits.
  • Check the rules for selling gift cards that Moderators post on these Subreddits.
  • Set your price accordingly.
  • To quickly sell Amazon gift cards, negotiate with potential buyers.
  • After agreeing on payment terms, send the gift card to the buyer.
  • The downside to this method is that most sellers only receive around 80% of the gift card’s value. However, Amazon gift cards can sell for as much as 90% of their value.

Sell gift cards through third-party sites

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This is one of the safest methods to transfer your Amazon gift card balance to your bank account. First, find a reliable exchange platform that meets your trading needs. In Ghana, the best third-party trading platform is Astro Africa. Astro Africa is a user-friendly platform that allows gift card holders to convert their gift cards to cash at the best rates without hassle. The platform is 100% secure and offers excellent customer service. To use Astro Africa, follow these steps:

  • Visit the Astro Africa platform to create an account if you’re a new user. You could also download the mobile app from Google Playstore so that you can always trade gift cards on the Go. 
  • After creating an account, log into your account with your email address and password.
  • Add a local bank account to your Astro Africa wallet by clicking on add account. After clicking on add account, add your bank account details by inputting your account number and account name.
  • Click on Sell gift cards to start selling gift cards, and icons representing all the gift cards will pop up.
  • Select an Amazon gift card.
  • Select the wallet you want your funds to be paid into.
  • Select the subcategory of the gift card you have. Enter the amount of the gift card.
  • Upload a clear picture of the gift card if it’s a physical gift card and screenshot the gift card code if it’s an ecode gift card.
  • Click on submit. By clicking submit, you agree to Astro Africa’s terms of trade, and your account will be credited immediately. If there’s any delay in payment, you can always call Astro Africa customer service to have it sorted out.

Sell Amazon gift cards at exchange kiosks

Another great to transfer Amazon gift card balance to a bank account is to sell them at exchange kiosks. Follow the steps below.

  • Find a reputable and reliable exchange kiosk that accepts Amazon gift cards.
  • Take your gift card to the kiosk and enter the gift code.
  • The kiosk will offer you a value for your gift card.
  • If you accept the offer, you can receive cash or store credit payments.
  • You can keep the cash or use the money to buy something else at the kiosk.

Conclusion

Unfortunately, Amazon gift cards do expire. Instead of letting your Amazon gift card sit unused, consider using one of the methods mentioned above to convert your gift card to cash. This way, you can use the cash to buy whatever you need from other stores.

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