Can i transfer money from american express gift card to bank account

Frequently Asked Questions

The FAQ’s on this website pertains to American Express Gift Cards issued by Amex Bank of Canada. Please check the back of your card for issuer information. If issued by Peoples Trust, please visit amexprepaidcard.com

Your Gift Card is a prepaid card that comes with a set dollar value printed on the front of the Gift Card. It is not a credit card, charge card or debit card. You can use it virtually everywhere American Express Cards are accepted in Canada. To avoid card declines and have a smooth experience when using your Gift Card, always know your balance and tell it to the cashier before you pay for a purchase. Some usage restrictions apply. See the Gift Card Cardholder Agreement for more details, including usage restrictions.

To avoid card declines and have a smooth experience using your Gift Card, you should always know your balance and tell it to the cashier before you pay for a purchase.

The Gift Card can be used virtually everywhere American Express Cards are accepted in Canada and the U.S. In some cases Gift Card acceptance may be restricted to certain merchant locations (e.g. mall) which we will indicate with the Gift Card if applicable. You may also call customer service for more information at 1-800-505-6849. Some usage restrictions apply. See the Gift Card Cardholder Agreement for more details. (adsbygoogle = window.adsbygoogle || []).push({});

Your Gift Card cannot be used outside of Canada and the U.S. It cannot be used at certain Merchants such as casinos, cruise lines and car rental companies. Also, the Gift Card cannot be used:For recurring billing payments, such as utilities, subscriptions, or cellular phone service.For receiving cash or cash equivalents, such as at ATMs or at a bank.At other merchants or merchant industries that American Express may determine.For transactions requiring preauthorization for less than the full value of such transactions.In some cases Gift Card acceptance may be restricted to certain merchant locations (e.g. mall) which we will indicate with the Gift Card if applicable. You may also call customer service for more information at 1-800-505-6849.Additional usage restrictions apply. See the Gift Card Cardholder Agreement for more details.

Yes. The Gift Card can be used virtually everywhere American Express Cards are accepted in the U.S. in addition to Canada. Usage restrictions apply. See the Gift Card Cardholder Agreement for more details. In some cases Gift Card acceptance may be restricted to certain merchant locations (e.g. mall) which we will indicate with the Gift Card if applicable. You may also call customer service for more information at 1-800-505-6849.

Before using your Gift Card, sign the back of your Gift Card. Also, please write down your Gift Card number and the Customer Service number (1-800-505-6849) on a separate piece of paper and keep it in a safe place. If you were given a receipt with your Gift Card, you should keep that too. You will need this information to obtain a refund if your Gift Card is lost or stolen.You will need this information to obtain a refund if your Gift Card is lost or stolen.

The funds on your Gift Card do not expire. However, your plastic card has a “Valid Thru” date used by merchants for security verification and authorization purposes. After the “Valid Thru” date has passed, please do not use your Gift Card. Instead, call Customer Service (1-800-505-6849) to obtain a refund equal to the current unused available balance. You will not be charged any fees for the refund. See the Gift Card Cardholder Agreement for more details. (adsbygoogle = window.adsbygoogle || []).push({});

Some merchants require the “Valid Thru” date on front of your Gift Card to process transactions. Although your Gift Card funds do not expire, please do not use your Gift Card after the “Valid Thru” date as merchants may deny your transaction.If your Gift Card “Valid Thru” date is about to pass or has passed, call Customer Service (1-800-505-6849) to obtain a refund equal to the current unused available balance. You will not be charged any fees for the refund. See the Gift Card Cardholder Agreement for more details.

If your Gift Card is lost or stolen, contact Customer Service immediately at 1-800-505-6849 to notify us to help us process a refund request. If there is an available balance remaining on your Gift Card, we will cancel your Gift Card and send you a refund equal to the unused Available Balance that was on your gift card at the time you notified us that it was lost or stolen. You will not be charged any fees for the refund. NO REFUNDS WILL BE PROVIDED TO COVER AMOUNTS DEBITED FROM YOUR LOST OR STOLEN GIFT CARD PRIOR TO THE TIME YOU NOTIFIED US. See the Gift Card Cardholder Agreement for more details.

No. Your Gift Card is not reloadable. Once the value of your Gift Card has been depleted, it is no longer valid and should be cut in half and discarded. However, we recommend that you retain your Gift Card until you are sure that you do not intend to return any merchandise purchased with it.

You can check your balance at americanexpress.ca/gift.You can also keep track of your balance by using the balance tracking section on the back of your Gift Card. When you pay for a purchase, deduct the amount you have paid from your previous balance and write the new balance in the box on the balance tracking strip on the back of your Gift Card. Keep it up to date, so that you can always know your balance and avoid card declines.

If your Gift Card does not have a sufficient Available Balance to cover your purchase, it may be declined. Depending on the Merchant’s policy, you may be able to make a purchase with your Gift Card and another form of payment. To make a purchase for more than the Available Balance on your Gift Card:Tell the cashier the Available Balance on your Gift Card (for your Available Balance click here or call 1-800-505-6849).Ask the cashier if another form of payment can be accepted for the balance of your purchase. Tell the cashier to only authorize your Gift Card for the Available Balance.Provide a second form of payment. We do not guarantee that the Merchant will accept two forms of payment.

Some Merchants (such as restaurants and salons) may obtain a pre-authorization on your Gift Card for an amount up to 20% more than the total bill to cover any gratuity that may be added. Although only the actual amount you authorize will ultimately be deducted from your Gift Card’s Available Balance, the entire pre-authorized amount will remain unavailable until the Merchant posts the final transaction (typically within 3 business days). (adsbygoogle = window.adsbygoogle || []).push({}); To avoid a decline of your Gift Card or having a hold placed on your Gift Card funds, ask the Merchant to authorize only the specific total amount you’d like to pay for your purchase including gratuities.We do not guarantee that the merchant will fulfill this request.

Gas stations will generally secure a pre-authorization on your Gift Card for the estimated total purchase amount to ensure that your Gift Card’s Available Balance is sufficient to cover the final purchase. Although only the actual amount you authorize will ultimately be deducted from your Gift Card’s Available Balance, the entire pre-authorized amount will remain unavailable until the Merchant posts the final transaction (typically within 3 business days). To avoid a decline of your Gift Card or having a hold placed on your Gift Card funds, we recommend that you pay for gasoline inside the station.

You can click here or call Customer Service (1-800-505-6849) to get information on transactions made on your Gift Card.

If you wish to return or exchange any merchandise purchased with your Gift Card, you will be subject to the Merchant’s return/exchange policies. If the Merchant agrees to issue a credit to your Gift Card for merchandise returned, the credited funds may not be available for 3 to 7 days. Please be aware of the Merchant’s return or exchange policies before making your purchase.

Call Customer Service (1-800-505-6849) to find out why your Gift Card may have been declined. Among other reasons, your Gift Card can be declined if it does not have sufficient Available Balance to cover the full amount of your purchase or if a Merchant is unable to authorize your Gift Card. If you are unsure of your Available Balance, you can check it online or by calling the Customer Service number (1-800-505-6849).

If you have additional questions, please call our toll-free Customer Service number (1-800-505-6849).

Yes. If you use your Canadian Gift Card for U.S. dollar transactions, the transaction will be converted into Canadian dollars on the date American Express processes the transaction (usually the day that the merchant submits the transaction to us). The processing date may not be the same date that the transaction was authorized. The treasury system will convert the transaction from U.S. dollars to Canadian dollars using a currency conversion rate selected from customary industry sources on the business prior to the processing date.

Always Purchase charge applies. Use of the Gift Card is subject to the Cardholder Agreement, which includes usage restrictions, terms and conditions. Not valid until purchased and activated. This Gift Card is not reloadable.

Read Gift Card Cardholder Agreement.

1. For use only at merchants in Canada and the U.S. that accept American Express Cards except cruise lines, casinos, recurring billing and any other merchants or transactions that American Express may determine from time to time. Not for use at ATMs or redeemable for cash. In some cases Gift Card acceptance may be restricted to certain merchant locations (e.g. mall), which will be indicated with the Gift Card if applicable. You may also call Customer Service for more information at 1-800-505-6849.

© 2019 Amex Bank of Canada.

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