7 mins read Tutorials
How to Transfer Your Amazon Gift Card Balance to Your Bank Account
Recently, a friend sent me a $100 Amazon gift card for my birthday. Of course, I was super happy. But here was the issue: I had a long list of stuff that I needed to pay for: my rent, fuel, and maybe some bottles of drinks because, hey, it was my birthday.
Staring at that shiny Amazon balance, I thought, “How do I transfer my Amazon card balance to my bank account?” I mean, Jeff Bezos doesn’t need my money chilling in his digital piggy bank, does he?
Well, as I found out, it is not as simple as hitting a “transfer to bank” button. Amazon wants you to spend your money inside their ecosystem, not cash it out.
If you’re in a similar situation, don’t worry. I’ve done the detective work for you. In this guide, I’ll show you the best way to transfer your Amazon gift card balance to your bank account. Let’s go!
Can You Transfer an Amazon Gift Card Balance Directly to a Bank Account?
No, you can’t. Amazon doesn’t offer a built-in option to withdraw your gift card balance as cash or send it directly to your bank. Once that balance is loaded onto your Amazon account, it’s designed to stay there for purchases on their platform.
So, yeah, you can use it to pay for a new pair of headphones or even a bulk order of toilet paper (no judgment here). But if you’re dreaming of seeing those dollars hit your bank account—Amazon’s answer is a firm “no.” There’s no official way to convert it into cash or transfer it elsewhere.
But here’s the good news: while you can’t send it straight to your bank, there’s still a smart way to make that balance useful outside Amazon.
While some people speculate redeeming your Amazon gift card to your Amazon Pay balance and then transferring the funds to your bank account from there. It generally doesn’t work, but you can redeem it and make purchases for a friend for cash. Here’s how.
How To Transfer an Amazon Gift Card Balance To Bank Account and Cash-Out via a Friend
The truth is that you cannot withdraw your Amazon gift card balance to a bank account. You cannot cash out or convert your balance to cash either. The best thing you can do is to use it for eligible purchases for a friend and get a refund.
Amazon specifies that the Amazon Pay balance consists of different components: Amazon Pay Wallet, Amazon Pay Gift Cards, and Amazon Vouchers.
Hence, balance from gift cards and vouchers can be used to shop on Amazon but cannot be transferred to a bank account, sent to contacts, or paid out to offline merchants.
That said, you can just go ahead and redeem the gift card to your Amazon Pay balance to purchase on Amazon or any other platform for a friend.
NB: While I can use my Amazon gift card to shop directly, redeeming it on Amazon Pay gives me extra convenience and security, and helps me stack multiple cards all at once.
How to Transfer an Amazon Gift Card to your Amazon Pay Balance and Redeem for Cash
Simply navigate to the Amazon Pay section, log in, choose the gift cards feature, click on “Redeem a Gift Card,” and input your voucher code to add it to your balance.
Step 1: Go to Amazon Pay
Start by opening your web browser and visiting the Amazon Pay website.
Step 2: Sign in to Your Amazon Account
Once on the Amazon Pay website, click the “Sign In” button at the top right corner. Enter your Amazon email address, phone number, and password to log in. If you have two-factor authentication enabled, you’ll need to enter the verification code sent to your registered device.
Step 3: Navigate to the “Gift Cards” Section
After signing in, locate the “Gift Cards” section.
Step 4. Click “Redeem a Gift Card”
This indicates you are ready to make your conversion.
Step 5. Enter Your Gift Card Code
Locate and enter your 16-digit gift card code on the card’s back (scratch off if needed) or in the email for digital cards.
Congrats, you have successfully redeemed your Amazon gift card to your Amazon Pay balance.
Now, you can find a friend a friend who needs to shop on Amazon and make the purchase on his behalf. Once delivered, your friend pays to your bank account. Easy-peasy.
How To Redeem an Amazon Gift Card for Cash on Cardtonic (Nigeria & Ghana)
The best route to redeem your Amazon gift card is to sell it for cash on Cardtonic. Just download the app, upload your card, get approval, and withdraw to your bank and cash out. Here’s how it works:
- Get Started with Cardtonic
You can download the Cardtonic app from the Google Play Store or App Store or visit the company’s website at cardtonic.com.
Make sure your internet connection is solid before you begin.
- Sign Up or Sign In
New users need to register with an email, phone number, and a secure password.
If you’ve used Cardtonic before, just log in with your existing details.
Heads-up: This platform is built for folks in Nigeria or Ghana, so you’ll need a local bank account and ID.
- Head to the Trading Area
After logging in, find the “Trade Gift Cards” option on the main screen of the app or website and tap it.
- Pick Your Gift Card Type
Decide if you’re working with a Physical Card (something tangible you’re holding) or an E-code (a digital code).
Select the option that fits your situation.
- Choose the Gift Card Brand
From the list, pick the company your gift card is from—like Amazon, Apple, or Steam.
The platform has a bunch of options, so scroll through to find yours. In this case, it is Amazon.
- Narrow Down the Specific Type
Select the exact version of your card, such as “Amazon US” or “Amazon UK” to match it perfectly with Cardtonic’s system.
- Fill in the Details
Type in the card’s value (say, $25 or $100).
For physical cards, snap and upload clear photos of both sides.
For e-codes, pop the code into the comment box.
- Check the Payout
The app will show you the going rate and your potential cash out in Naira (Nigeria) or Cedis (Ghana).
You can peek at rates ahead of time using the platform’s built-in rate calculator if you’re curious.
- Kick Off the Trade
Double-check everything, and when you’re happy with the amount, hit “Start Trade” to send it off.
- Hang Tight for Approval
It usually takes just a few minutes for Cardtonic to process your trade. You’ll get a heads-up when it’s done.
- Collect Your Cash
Once it’s approved, the money lands in your Cardtonic wallet.
Transfer it to your bank account in Nigeria or Ghana (or mobile money in Ghana) through the withdrawal feature.
You can watch this video to learn more about how to sell gift cards on Cardtonic:
Congratulations, you have successfully redeemed your gift card for cash on the Cardtonic platform.
Can You Transfer an Amazon Gift Card to PayPal, Cash App, or Venmo?
No, it is not possible to transfer an Amazon gift card balance to PayPal, Cash App, or Venmo directly. You need to first sell the gift card for cash, then transfer the funds to any of these platforms.
While Amazon has stores, digital wallets like PayPal, Cash App, and Venmo have a distinct business model. As such, Amazon prefers to keep your funds within its ecosystem. Hence, it restricts direct transfers or withdrawals to third-party apps.
Frequently Asked Questions About Converting Amazon Gift Card Balance to Cash
- Can I Transfer Funds from My Amazon Gift Card to My Bank Account Directly?
No, Amazon doesn’t allow direct transfers. You’ll need to use a workaround like Amazon Pay or sell the gift card for cash value on platforms like Cardtonic.
- How Can I Convert My Amazon Gift Card to Cash?
You can either do this by shopping for a friend or selling the gift card directly for cash on credible platforms such as Cardtonic to avoid Amazon gift card scams.
- Can I Transfer My Amazon Gift Card Balance to PayPal?
Not directly. Amazon doesn’t support transferring gift card balances to PayPal. Refer to the above section. However, you can sell your Amazon gift card for cash on a trusted platform like Cardtonic. Once the trade is complete and you receive the money, you can then transfer it to your PayPal account.
- What Are My Options for Turning My Amazon Gift Card Balance into Cash for My Bank?
You can either use Amazon gift card balance to purchase on behalf of a friend or sell your card directly for cash on credible trading platforms like Cardtonic. I prefer to trade my cards for cash on Cardtonic because it is much faster and easier.
- Can Amazon Pay Balance Be Converted to Cash?
It all depends on location and account type. If you’re based in India, Yes, you can transfer your Amzon pay balance to cash via your bank. You need to be a fully Kyced customer and must have registered for Amazon Pay balance UPI handle.
But if you’re based in the US or other regions, unfortunately, you cannot convert amazon Pay balance to cash.
- Can I Get an Amazon Gift Card Refund to My Bank Account?
No, Amazon gift cards are generally non-refundable; however, if you return an item you paid for using a gift card, Amazon will send your refund to your Amazon gift card balance. You cannot transfer this balance to your bank account or even convert it to cash.
- Can I Transfer My Gift Card Balance to Another Amazon Account Unfortunately, you cannot. Amazon prohibits the transfer of your gift card balance to another Amazon account. The best you can do is to use the balance on Amazon to buy for a friend or sell the card and cash out on platforms like Cardtonic. +877↞(370)↠928
Conclusion
Amazon doesn’t let you transfer gift card balances directly to your bank account, but you still have options.
You can either use the Amazon gift card via Amazon Pay to buy for a friend and receive a refund or simply sell your gift card for cash on a trusted platform like Cardtonic.
The choice is yours. Either way, it won’t be long before you’re spending that converted cash on what really matters—groceries, bills, or maybe even a little treat for yourself.
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