Nothing hurts more than receiving an unwanted gift. While the sender assumed they had sent a lovely present, it was useless to the recipient. Well, this was my frustrating experience when I received a $100 Amazon gift card from a close friend in the United States. I had several bills to sort while my Amazon gift card balance seemed fat. Hence, shopping on Amazon was the last thing on my scale of preference.
I told a friend about my dilemma, and he solved my challenges in no time. Well, I was about to transfer my Amazon gift card balance to my bank account and sort out my bills. In this article, I will explain easy ways to do the same.
Can You Transfer an Amazon Gift Card Balance Directly to a Bank Account?
No, you can’t. Amazon doesn’t give you the option to withdraw your gift card balance as cash or transfer it directly to your bank account. Once the funds are added to your Amazon account, they are locked in for purchases on the platform.
So sure, you can use it to grab that new pair of headphones or stock up on household essentials. But if you are hoping to see that balance hit your bank account, Amazon’s response is a clear “no.” There’s no official way to convert it into cash or move it elsewhere.
Now for the good news, while Amazon won’t let you send the funds directly to your bank, there’s still a smart workaround.
You can try redeeming your gift card into your Amazon Pay balance and then transferring the money from there, though that process can be limited and clunky. A faster, more straightforward option is to trade your Amazon gift card for cash on a reliable platform like Ridima.
Here’s how it works.
How to Convert Your Amazon Gift Card Balance to Cash Using Amazon Pay
Here is a step-by-step process on how to convert your Amazon gift card balance to cash using Amazon Pay;
Step 1: Go to Amazon Pay
Open your web browser and visit the Amazon Pay official website.
Step 2: Sign in to Your Amazon Account
On the Amazon Pay website, click the “Sign In” button at the top. Insert your Amazon email address, phone number, and password to log into your Amazon account. You will need to input your verification code if you enabled two-factor authentication.
Step 3: Navigate to the “Gift Cards” Section
Once you are in, go to the “Gift Cards” section.
Step 4. Click “Redeem a Gift Card.”
Choose the Redeem a gift card option to convert your gift card to cash.
Step 5. Enter Your Gift Card Code
Locate and input the 16-digit gift card code on the card’s back. For digital cards, you may need to check the details in the email.
Step 6: Transfer Funds to Your Bank Account
On the Amazon Pay section;
- Choose “Send Money” and select “Bank Transfer.”
- Input your bank details, account name, and number, and IFSC code.
- Indicate the amount you want to transfer from your Amazon Pay balance.
- Choose the “Pay Using Amazon Pay balance” option for the payment method
- Ascertain all details and confirm the transaction.
Depending on the processing time, you will receive the funds in your bank account within a few business days.
How to Convert Your Amazon Gift Card to Cash on Ridima
Here is how to convert your Amazon gift card to cash on Ridima;
- Register and create an account via the website.
- You can also download the mobile app from the Google Play Store or the App Store.
- Set up your account profile.
- Verify your BVN for added security.
- Add your bank account details for easy fund withdrawal.
- Click TRADE GIFT CARDS and select BUY GIFT CARDS.
- Search for Amazon gift card.
- Specify the currency and card type (Physical card, Ecode, Receipt, etc.).
- Enter card details: sub-category, value, and amount.
- Review the payout and proceed.
- Confirm the transaction
Frequently Asked Questions About Converting Amazon Gift Card Balance to Cash
Here are the frequently asked questions about how to transfer your Amazon gift card balance to your bank account;
Question 1: Can I Transfer Funds from My Amazon Gift Card to My Bank Account Directly?
No, Amazon doesn’t allow direct transfers. You will need to use a workaround like Amazon Pay or sell the gift card for cash value on platforms like Ridima.
Question 2: How Can I Convert My Amazon Gift Card to Cash?
To avoid Amazon gift card scams, you can either do this through Amazon Pay or sell it directly for cash on Ridima.
Question 3. Can I Transfer My Amazon Gift Card Balance to PayPal?
Amazon doesn’t support direct transfers of gift card balances to PayPal. However, you can sell your Amazon gift card for cash on Ridima and then transfer the funds to your PayPal account.
Question 4: What Are My Options for Turning My Amazon Gift Card Balance into Cash for My Bank?
You can either use Amazon Pay for this or sell your card directly for cash on credible trading platforms like Ridima instantly and at mouthwatering rates.
Question 5: Can Amazon Pay Balance Be Converted to Cash?
Yes, it can. Follow the easy steps above, and you are good to go.
Conclusion
While Amazon doesn’t make it easy to cash out a gift card, you are not stuck. Whether you prefer the official route via Amazon Pay or you want fast, no-hassle cash through Ridima, the power to turn that card into real value is in your hands. Don’t let unused gift card balances sit idle while bills pile up.
With Ridima, converting your Amazon gift card to Naira is simple, secure, and instant. No hoops, no stress. So, the next time someone sends you an Amazon gift card and your first thought is, “What do I even do with this?” Now you know. Convert it. Use it. Cash it. Own it. Ridima has your back.
Reference;
https://cardtonic.com/read/transfer-amazon-gift-card-balance-bank-account
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