6 Ways to Cash Out on Your AMEX Gift Cards in 2025

I never knew how relevant cash is until my bank network almost disgraced me. I went to a restaurant for lunch. But my village people decided to catch me when it was time to pay. I kept getting “Failed Transaction” messages.

What made the matter worse was that I wasn’t even carrying any cash, which could have been my lifesaver. I just sat down there waiting for a miracle to happen, or else I might end up washing plates.

Suddenly, I remembered this $100 AMEX gift card I received from a recent gig sitting in my email. Lucky me! I just had to quickly look for a way to convert it to cash and pay my bills.

If you’re in a similar situation where you need to convert your AMEX gift card to cash, chillax. I’ve got you. In this article, I will show you six ways to cash out on your AMEX gift card. Let’s get into it.

6 Simple Ways to Get Cash from Your AMEX Gift Cards in 2025

The six ways to cash out on your American Express gift card in 2025 include selling it on Cardtonic, using it to buy and resell items, adding it to a digital wallet, helping others shop for reimbursement, requesting a refund, or purchasing money orders.

1.  Sell Your AMEX Gift Card for Cash on Cardtonic

This is the best and quickest way to exchange your AMEX gift card for cash. Selling your American Express gift card on Cardtonic—a fintech platform that offers buying and selling several gift cards at higher rates—will help you get a better value for your gift card.

For instance, the current rate of American Express gift cards on Cardtonic is about 400/$. This means that if you have a $100 AMEX gift card, you’ll get a huge sum of  ₦40,000.

Although gift card rates vary due to several factors, you can use the Cardtonic gift card rate calculator to get the current rate of your American Express gift card.

Another benefit of using this method is that selling your AMEX gift card on Cardtonic is quick and easy. With a few simple steps, you can convert it to cash.

To sell your American Express gift card for cash on Cardtonic, follow these steps:

i. Visit the Cardtonic website or mobile app.

ii. Log in or sign up for an account.

iii. Click the “Sell Gift Card” option on the dashboard.

iv. Enter your card details.

v. Click the “Submit” button to submit your trade.

Once your transaction is approved, the money will be sent to your Cardtonic wallet. From there, you can transfer it to your bank account.

If you need a detailed guide that explains the step-by-step process of selling your American Express gift card on Cardtonic, don’t worry. I have written an article on it. You can check it out here.

Alternatively, you can watch the video below to learn more about selling your AMEX gift card on Cardtonic.

This method stands out because you can sell your American Express gift card instantly—anytime, anywhere, and in any amount—right on Cardtonic.

So, if you need quick cash and still want to get a solid rate, Cardtonic is easily your best bet.

2. Purchase Discounted Items with Your AMEX Gift Card and Resell Them for Cash

If you love the idea of buying and selling, this method is for you. It allows you to earn more profits while doing what you love. All you need to do is purchase discounted items with your American Express gift card in stores that accept it as payment and then resell the items in local markets or online stores like Facebook marketplace or Jumia to get cash.

But how can you purchase discounted items?

One shopping hack that works for buying discounted items is to purchase during seasonal sales like Christmas or shopping holidays like Black Friday. You can also check for discount codes on the retailer’s websites.

This method is best if you want additional profits because you get to enjoy the actual value of your gift card and earn more profits from what you sell.

The only downside is that this option might not be suitable if you need the cash urgently because you need to sell the items before you get your money.

3. Purchase Items for People with Your AMEX Gift Card and Request Reimbursement

If you have friends or colleagues who want to purchase items in stores that accept AMEX gift cards as payment, this is the best time to get close to them.

You can offer to pay for the items they want to buy with your gift card and get reimbursement from the person.

For instance, if your friend wants to buy a wristwatch at Walmart, you can pay with your American Express gift card, and then your friend will pay you back.

This option works well if you know people who want to purchase items, but they must be people you trust. I’m sure you don’t want to start hearing stories that touch the heart when it’s time to pay back.

4. Request a Refund

You can request a refund for your AMEX gift card to get cash, although certain terms and conditions apply to this option.

If you purchase your gift card from a specific store, you can contact them to learn more about their refund policy for American Express gift cards. You can also contact AMEX to request a refund. But you must have a valid reason for your request to be granted.

You can read their terms and conditions for refund requests on their website or reach out via their customer service at 1-877-297-4438.

5. Add Your AMEX Gift Card to a Digital Wallet and Transfer to a Bank Account

This is another simple way to cash out your American Express gift card online if you have a digital wallet like Apple Pay, PayPal, or Google Pay.  All you have to do is add your AMEX gift card to your digital wallet and then transfer the money to your bank account.

Follow these steps to add your AMEX gift to a digital wallet:

i. Log in to your digital wallet, e.g., PayPal.

ii. Click the “Menu” button and select the “Wallet” option.

iii. Click the “Link a Card” button.

iv. Select “American Express” as the card type.

v. Enter your card details and follow the on-screen prompts to finalise the process

vi. Once you’ve successfully linked your card, you can transfer your money to your linked bank account.

This method also allows you to instantly get cash from your AMEX gift card. The only downside is that not all digital wallets accept American Express gift cards.

6. Purchase Money Orders with Your AMEX Gift Card

Another option to consider is to use your American Express gift card to purchase money orders.

Money orders are a paper payment option that works just like traditional checks, but are prepaid. Which means they are issued once you pay for one and can be cashed at the bank.

You can use your AMEX gift card to purchase money orders from places that accept this method, such as Walmart or Western Union. Then, you can take the money order to the bank and cash it out.

The only downside of this method is that there are some fees associated with purchasing money orders, and not all places accept gift card payments for money orders.

It’s advisable to check the retailer or bank policy before considering this option.

Frequently Asked Questions About Cashing American Express Gift Cards

1. Can I Use the AMEX Gift Card at the ATM?

No, you can’t use AMEX gift cards at the ATM to withdraw cash. But you can consider other options, like selling them on Cardtonic for cash.

2. Where Can I Use the AMEX Gift Card Online in Nigeria?

In Nigeria, you can use your AMEX gift card to purchase items from online merchants that accept American Express gift cards as payment methods, such as Walmart and H&M.

3. How Can I Check My AMEX Gift Card Balance?

You can check your AMEX gift card balance by visiting the official AMEX balance checker website, entering your card details, and viewing the balance displayed on the screen.

4. How Much Is $100 AMEX in Naira?

The worth of AMEX gift cards fluctuates due to various factors, but it’s worth about ₦30,000-₦40,000. You can use the Cardtonic gift card rates calculator to get the current rate.

5. How Can I Transfer an AMEX Gift Card to a Cash App?

Although you can’t directly transfer money from your AMEX gift card to a Cash App, you can exchange it for cash on Cardtonic and add the cash to your Cash App.

6. Can I Transfer an AMEX Gift Card to My Bank Account?

No, you can’t directly transfer your AMEX gift card balance to your bank account. But you can indirectly convert it to cash on Cardtonic and transfer it to your bank account.

Conclusion 

Cash will always be king. Especially when you’re trying to pay for food and your bank network decides to ghost you. That’s why having options like AMEX gift cards and knowing how to flip them for cash is a lifesaver.

With options like selling it on Cardtonic, purchasing and reselling discounted items, adding it to a digital wallet, requesting a refund, or purchasing money orders, you can simply get cash from your AMEX gift card.

Since the conversion is not restricted to one option, you can pick the one that is convenient or based on how urgently you need cash.