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Can I transfer the balance to an account or Revolut?

Erik Kjernlie avatar
Written by Erik Kjernlie
Updated this week

No, you cannot transfer the amount from the Glede gift card to a bank account, Vipps, Revolut or similar.

This is not a technical limitation, but is about Norwegian and Swedsish rules for tax-free gifts from employers.


πŸ“œ Why not?

In Norway and Sweden, gift cards from employers are tax-free as long as they cannot be withdrawn as cash or used for transfers. Therefore, the Glede gift card cannot:

  • Transferred to a bank account

  • Used to purchase gift cards

  • Withdrawn from an ATM or used in transfer services such as Revolut and Vipps

This follows the regulations from the Norwegian and Swedish Tax Agencies, and is important for both you and your employer to avoid tax on the gift.


πŸ“ Where can I use the card?

The Glede gift card works like a regular Mastercard in shops and online stores, both in Norway, Sweden and abroad. Here you can see a full overview of places where the card cannot be used:
πŸ‘‰ See restrictions for using the Glede gift card

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