No, the gift card balance in Amazon Pay cannot be transferred to a bank account; only cashback and wallet balance are eligible.
Knowing how to transfer Amazon Pay balance to bank account is important for users who want to use wallet funds beyond shopping on Amazon. With a completed KYC, customers can move their Amazon Pay balance to bank account instantly through the Amazon app. This allows refunds, cashback, or gift card credits to be transferred without any extra charges.
Key Highlights:
Amazon Pay balance is a digital wallet offered by Amazon that stores cashback, refunds, gift card credits, and money added by the user. It can be used for:
This wallet ensures faster checkouts and enables secure transactions both on and beyond Amazon.
Amazon allows customers to move their Amazon Pay balance to bank account once full KYC verification is completed. You can transfer your Amazon Pay balance to bank account by simply navigating to the Amazon Pay section in your Amazon app.
The following steps showcase how to transfer Amazon Pay balance to bank account:
Step 1: To start with, open the Amazon app on your smartphone and sign in to your Amazon account if you have not already.
Step 2: Click ‘Send Money’ under the ‘Quick Links’ section.
Step 3: In the Send Money interface, you will find an option called ‘Bank Transfer’; tap on it.
Step 4: Here, you will have to fill in some basic details such as IFSC code, bank account number, and name and then tap on ‘Pay Now’.
Step 5: Then, enter the amount you are willing to transfer and confirm the same.
Step 6: Now it will show you the payment method interface, then tap on ‘Show more ways’, choose ‘Pay using Amazon pay balance’, and tap ‘Continue’.
The amount will be transferred to your bank account successfully.
Transferring Amazon Pay balance to bank account is now a quick and hassle-free process for customers who have completed KYC verification. With the built-in Bank Transfer option on the Amazon app, funds can be moved instantly to a linked bank account without extra charges. Knowing how to transfer Amazon Pay balance to bank account allows you to use your Amazon Pay balance as real cash for everyday needs.
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