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Can American Express gift cards be deposited into a bank account?

 
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luckyr1981
Yahoo User





PostPosted: Mon Oct 13, 2008 11:46 am    Post subject: Can American Express gift cards be deposited into a bank account? Reply with quote

Just wanted to know if anyone has deposited money from an American Express gift card to their bank account? Is it possible?
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boohoo_Jebus
Yahoo User





PostPosted: Mon Oct 13, 2008 11:55 am    Post subject: Reply with quote

No, it can't. It's not money.
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sherafy@rocketmail.com
Yahoo User





PostPosted: Mon Oct 13, 2008 12:22 pm    Post subject: Reply with quote

The only way to do this is to get a cash advance on the gift card for the balance on it, and deposit it into your checking account. This isn't that easy though as many merchants do not accept AMEX for cash advance, however it is possible if you find one.
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La Vie Boheme
Yahoo User





PostPosted: Mon Oct 13, 2008 12:33 pm    Post subject: Reply with quote

No. Amex gift cards are not transferable for cash
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