Amazon Pay Wallet Transfer to Bank Account

[sherlock]

I have some amount of money in my Amazon Pay wallet which I have not used since the last one year. I want to be able to withdraw that money to my bank account to be utilized elsewhere. Obviously there is no direct way to achieve this, unlike the PayTM wallet. Is there any hacks or tips to withdraw that money working as on December 2023?

 

[Deepak_Shetty]

You can use send money option. Pay to your family or friends using Amazon wallet UPI.

 

[Sohmel]

You can use send money option. Pay to your family or friends using Amazon wallet UPI.

Hi Deepak,

I used my AMEX credit card to buy amazon pay vouchers using Gyftr and reward multiplier.

Can I use this Amazon Pay balance to make UPI payments / transfer back to my bank?

For example, if I bought 5,000 worth vouchers from Gyftr and loaded it into my amazon pay balance. Can I now pay Merchants using this 5,000, if not transfer back to my account?

@S S V would love your input too on this

 

[SSV]

Can I use this Amazon Pay balance to make UPI payments / transfer back to my bank?

No .. you can use Amzon Money only for UPI and Bank T/r

 

[Deepak_Shetty]

Hi Deepak,

I used my AMEX credit card to buy amazon pay vouchers using Gyftr and reward multiplier.

Can I use this Amazon Pay balance to make UPI payments / transfer back to my bank?

For example, if I bought 5,000 worth vouchers from Gyftr and loaded it into my amazon pay balance. Can I now pay Merchants using this 5,000, if not transfer back to my account?

@S S V would love your input too on this

No. You can use only your Amazon wallet balance for UPI transaction, not Amazon Pay gift card balance.

 

[SSV]

Can I now pay Merchants using this 5,000,

You can use this money to pay for any place where APAY Wallet is allowed from thier application such as Swiggy, ZOmato etc..

 

[sherlock]

Amazon Pay Wallet and Amazon Pay UPI are two different things.

 

[SSV]

Hi Deepak,

I used my AMEX credit card to buy amazon pay vouchers using Gyftr and reward multiplier.

Can I use this Amazon Pay balance to make UPI payments / transfer back to my bank?

For example, if I bought 5,000 worth vouchers from Gyftr and loaded it into my amazon pay balance. Can I now pay Merchants using this 5,000, if not transfer back to my account?

@S S V would love your input too on this

No .. you can use Amzon Money only for UPI and Bank T/r

Look at this , two different components:

Amazon Money:
Amazon GV:

both put together APAY Balance::
but is allowed only for certaind payments depending upon which component you are using..

 

[Sohmel]

You can use this money to pay for any place where APAY is allowed fromt thier application such as Swiggy, ZOmato etc..

Ah damn, basically the person I order medicines from (Noble) gives me a flat 20% discount on medicines. But only accepts either cash or UPI.

No amazon pay (application or online option)... so I'll still have to pay him using UPI itself

 

[Sohmel]

Look at this , two different components:

Amazon Money:
Amazon GV:

both put together APAY Balance::


View attachment 37216

Correct me if I'm wrong -

Basically the MRCC card is not worth using if u can spend 25k on Amazon Pay using Gold Charge Card (You'll end up getting 3500 points per month + 2500 for every additional 25k) correct?

While MRCC will only end up fetching u ~2000 points + normal reward points?

 

[Sohmel]

So in a month if I can spend 75k using gold charge amazon pay vouchers (I'll end up getting 3500 + 2500 + 2500 points)

Whereas if I used 25k gold charge amazon pay vouchers (3500 points) + MRCC 25k (~2000) + gold card again (2500)

 

[SSV]

Basically the MRCC card is not worth using if u can spend 25k on Amazon Pay using Gold Charge Card (You'll end up getting 3500 points per month + 2500 for every additional 25k) correct?

✅ ✅

While MRCC will only end up fetching u ~2000 points + normal reward points?

✅✅

 

[Sohmel]

✅ ✅


✅✅

Actually I am wrong...

If I spend using Amazon Pay reward multiplier -

1. 1st 25k should be using Gold Charge (3500 points: 1000 for 6 transactions x 1000; 2500 for 5x rewards)
2. 2nd 25k should be using MRCC (3000 points: 1000 for 4 x 1500 transactions; 1000 for 20,000+; 1000 for 2x rewards)
3. Any spend above this on Amazon Pay should be using Gold Charge.

 

[SSV]

Actually I am wrong...

If I spend using Amazon Pay reward multiplier -

1. 1st 25k should be using Gold Charge (3500 points: 1000 for 6 transactions x 1000; 2500 for 5x rewards)
2. 2nd 25k should be using MRCC (3000 points: 1000 for 4 x 1500 transactions; 1000 for 20,000+; 1000 for 2x rewards)
3. Any spend above this on Amazon Pay should be using Gold Charge.

see, the thing is : when you use GOld you get 5* in RM..
you use MRCC 2*..

Milestones :
For Gold
6*1000 1K

For MRCC
4*1500 : gives 1K
20K spend another 1K...

Now calculate to your heart ... in the way you want...

 

[amit]

still working . ?