How to Transfer an Amazon Gift Card Balance to Your Bank

Amazon will not cash out directly. The routes that do work for converting a balance to money in your account.

Cardgoal
Reading time
minutes
Cardgoal
Reading time
minutes

Key Takeaways

How do you turn an Amazon gift card into cash?

Four routes are covered: transfer the balance through Amazon Pay, sell the card on Cardgoal, sell to friends and family, or shop with the card and resell what you buy.

How does the Amazon Pay method work?

Think of Amazon Pay as a digital wallet. It stores payment methods including your gift card balance, and once the balance sits in Amazon Pay you can transfer those funds to your bank account.

How does selling on Cardgoal work?

Open the platform, choose Amazon from the gift card list, enter the card details, confirm the rate you are offered and complete the trade to receive naira.

Which method should you pick?

Amazon Pay keeps everything inside Amazon but depends on your account and region supporting the transfer. Selling on a trading platform is the direct route to cash, and is more predictable than finding a private buyer or reselling goods.

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Last updated: August 20,2026


Amazon Gift Cards are amazing for finding high quality products at great prices. The best part is you don't even have to step out of the house. As great as it sounds, sometimes you would rather have cash. This is why we are writing this blog, to inform you how to transfer Amazon gift card balance to bank account. So, if you have ever wondered how to convert Amazon gift card to cash, keep reading!


1) How to Convert Amazon Gift Card to Cash Using Amazon Pay?

You can think of Amazon Pay as your digital piggy bank. It allows you to store various payment methods, including credit cards, debit cards, and yes, even your Amazon gift card balance! Once your gift card balance is added to Amazon Pay, you can transfer those funds directly to your bank account.


Steps to Transfer Gift Card Balance to Your Bank Account Using Amazon Pay:

1) First things first, you need to add your Amazon gift card balance to your Amazon Pay wallet. Head to your Amazon account and navigate to the "Gift Cards" section. Look for an option like "Redeem a Gift Card"." Enter your gift card details. Your gift card balance is now happily residing in your Amazon Pay wallet.


2) Next step is to locate the "Transfer Funds" or "Send Money" option within your Amazon Pay section. It might be under your account activity or a dedicated "Payments" tab.


3) Select the bank account you want the funds transferred to. Ensure it's the same account linked to your Amazon Pay for a smooth transaction.


4) Determine how much of your gift card balance you want to transfer to your bank account.


5) Double-check all the details including the amount, recipient bank account and confirm the transfer. The funds should appear in your bank account within a few business days (depending on your bank's processing time).


2) Sell Your Amazon Gift Card on Cardgoal

One of the quickest and most reliable ways to redeem Amazon gift card balance for cash is by selling it on Cardgoal.com. This platform allows you to sell your gift cards for cash. This is then transferred to your bank account. Here’s how it works:


How Cardgoal Works?

Sign up for an account on Cardgoal.com.


Enter the details of your Amazon gift card, including the balance and card number.


The rate calculator on Cardgoal will show you how much cash you will receive for your particular Amazon gift card.


Once you are satisfied with this, you press sell. You will have to provide your bank details where you want to receive the cash. Cardgoal provides fast and safe transactions so you don't have to worry about any kind of scam.


4) Sell to Friends & Family

For those wondering how to transfer Amazon gift card balance to bank account without third-party fees, selling your balance to someone you trust is a straightforward solution. Friends, family, or coworkers who frequently shop on Amazon may gladly buy your gift card at a slight discount.


To proceed, share the gift card code securely (via messaging apps or in person) and receive payment through cash, bank transfer, or mobile wallets. If the card is physical, hand it over directly. This method is instant, fee-free, and avoids the complexities of online marketplaces.


5) Shop Using Your Amazon Gift Card & Resell

If you need to redeem Amazon gift card for cash but can’t sell the card itself, consider buying high-demand resalable items with your balance. Electronics (like headphones or smartwatches), gaming consoles, or even grocery vouchers can be purchased and later sold for near-full value on platforms like eBay, Facebook Marketplace, or local classifieds.


Here’s how to optimize this method:


Choose products with strong resale demand (check completed listings on eBay for pricing trends).


Keep items sealed to justify “new” condition pricing.


Use Amazon’s return policy strategically: If resale is slow, return eligible items for an Amazon refund (issued as a gift card balance, which you can resell later).


While this process takes more effort than direct sales, it’s ideal for larger balances or when other options aren’t viable. Just account for potential resale fees or slight value loss when pricing items.


Conclusion:


You don't need to think any longer "can you transfer Amazon gift card balance to bank account". We have answered it in detail above. you can choose the method that suits you best. Personally, we think using Cardgoal is the most straightforwards and easy way to go. Install the app and try for yourself!



FAQ: Quick Ways to Transfer Amazon Gift Card Balance to Bank Account: Convert to Cash

1. How do I transfer an Amazon gift card balance to a bank account?
Not directly. Amazon does not pay out card balances as cash, so the value has to be converted another way.

2. Can I use Amazon Pay to convert a gift card to cash?
Amazon Pay lets the balance be spent at participating merchants rather than withdrawn, so it moves the value without turning it into cash.

3. What is the most direct way to turn an Amazon card into naira?
Sell it. On Cardgoal you select Amazon, enter the denomination and code, and the naira reaches your bank account once verification clears.

4. How does the Cardgoal route work?
Create an account, complete verification, choose the brand and denomination, submit the card details, and receive the payment in your wallet.

5. Can I sell an Amazon card to friends or family?
Yes, and it removes the stranger risk. It depends on someone you know actually wanting to shop on Amazon.

6. What is the shop and resell route?
Buying goods with the card and selling those goods on. It works, but it turns one transaction into two and carries the risk of not finding a buyer.

7. Which method gives the most value?
Selling the card directly avoids the loss that comes from reselling goods at a discount, which is where the shop and resell route leaks value.

8. Should I redeem the card into my Amazon account first?
No. Once the balance is in an Amazon account it cannot be traded, so submit the card unredeemed.

9. Does the card region matter?
Yes. Amazon cards are issued per country and the region sets both whether it redeems and what rate applies when trading.

10. How long does payment take once I sell?
The naira is released after the card clears verification, and accurate details from a verified account keep that step short.