Tech News Today
  • Hardware
    • Motherboards
    • CPUs
    • Graphic Cards
    • RAM
    • SSDs
    • Computer Cases
    • Monitors
    • Peripherals
    • Power Supply Unit
    • PC Builds
    • Computer Tips
  • Software
  • Operating System
    • Windows
    • Mac
    • Linux
  • Gaming
  • Mobile
  • Console
  • More
    • Internet
    • Networking
    • Security
    • Buyer’s Guide
    • Gadgets
    • Laptops
    • Reviews
    • How To
    • News
Facebook Twitter Instagram
Tech News Today
  • Hardware
    • Motherboards
    • CPUs
    • Graphic Cards
    • RAM
    • SSDs
    • Computer Cases
    • Monitors
    • Peripherals
    • Power Supply Unit
    • PC Builds
    • Computer Tips
  • Software
  • Operating System
    • Windows
    • Mac
    • Linux
  • Gaming
  • Mobile
  • Console
  • More
    • Internet
    • Networking
    • Security
    • Buyer’s Guide
    • Gadgets
    • Laptops
    • Reviews
    • How To
    • News
Tech News Today
Home»Gaming»Steam»What Is Steam Wallet? How to Add Money and Redeem Gift Card

What Is Steam Wallet? How to Add Money and Redeem Gift Card

José ZapataBy José ZapataDecember 16, 2022
What Is Steam Wallet

New users, or users with a library full of free games, may not know how to buy a game on Steam. There’re two ways about it: using the Steam Wallet or using a payment method.

Steam is available in every country. However, Steam’s payment methods are region-specific, so you can try Steam Wallet. This is far less complicated as you can bypass your lack of payment options.

Table of Contents

  • What is a Steam Wallet?
    • How to Add Money to the Steam Wallet?
    • How Do I Check My Steam Wallet?
    • How to Take Money Out of My Steam Wallet?
  • What is a Steam Wallet Gift Card?
    • How to Gift Steam Wallet Funds?
    • How to Enter a Steam Wallet Code?
  • How to Add a Payment Method to Steam?
  • Payment Methods on Steam

What is a Steam Wallet?

The Steam Wallet is a digital tool that allows users to add funds to their accounts. Users can then use these funds to buy a game on Steam or anything else within the platform.

Moreover, users can also use Steam Wallet funds for in-game purchases, but only on games supporting Steam transactions.

There’re two ways to add funds to your Steam wallet:

  1. Via your payment method
  2. Via a Steam gift card.

How to Add Money to the Steam Wallet?

Steam allows you to add funds into the Steam Wallet with your payment method of choice.

Then, you can use the funds to buy a game on Steam – Pay $50 worth of Steam funds; use $50 on Steam.

The options are:
  • $5
  • $10
  • $25
  • $50
  • $100
New users need to add funds to add a friend. Later on, you can use these funds to buy a game as a gift.
  1. Go to Account Details
    account-details
    Click on your Steam profile at the top right corner. Then, click on Account Details.
  2. Click on “+Add Funds to Your Steam Wallet”add-funds-to-steam
    On the right panel, click on the “+Add Funds” option.
  3. Choose the amount
    add-funds
    There’s no way to add a specific amount of funds into the Steam Wallet; you can only choose one of the options. So, click on the “Add Funds” button right next to the amount you’re willing to buy (for example, $50).
  4. Choose your payment method:paypal-payment-method
    After you press “Add Funds,” you’ll see the available options. After you select your choice, click “Continue.” If you haven’t added a payment method, Steam will ask you to add one.
  5. Confirm and pay:
    paypal option
    Steam will ask you to confirm your credentials. In particular, if you choose a digital wallet, you’ll see the brand’s icon at the lower right. Therefore, click on the icon to confirm your credentials.

How Do I Check My Steam Wallet?

Your Steam Wallet funds are readily available through the app or the website.

  1. Click on your profile at the top rightview my wallet
    You can see your Steam Wallet funds on your profile’s drop-down menu. Click on “View my wallet.“
  2. Click on “View my Wallet”view your steam wallet funds
    View Your Wallet takes you to the familiar “Add Funds” menu. Your funds are on the right side of the panel.

How to Take Money Out of My Steam Wallet?

Steam Wallet funds are non-refundable. It means you can’t withdraw it as real money. Instead, you can only use it on Steam purchases. 

That said, Steam uses the funds on your Steam Wallet automatically before any payment method. For example, if you buy a $20 game and have $10 worth of funds in your wallet, Steam will use these $10 funds and charge $10 to your credit card or digital bank.

What is a Steam Wallet Gift Card?

Steam Wallet Codes and Gift Cards are physical or digital gift certificates. You can redeem them on Steam to purchase software, games, and game content.

In essence, they add funds to your Steam Wallet. Moreover, you can gift a Wallet Code to someone else by buying it directly in the store.

How to Gift Steam Wallet Funds?

Here’s how you can gift funds to someone else’s Steam Wallet.

  1. Search for “Steam Gift Card” on the appsteam gift card
    As usual, you can do the process on the app or the website. You’re to type “Steam Gift Card” on the search bar and select the appropriate option.
  2. Select “Send through Steam”send steam gift card
    Then, select “Send through Steam.” It allows you to buy the Steam Gift Card for someone else and pay it either with your funds or your payment methods.
  3. Select the amount
    select funds
    As before, you can’t choose a specific amount. Instead, click on the option you’d like to gift.
  4. Choose your friend
    choose friend and continue
    Click on the friend you’d like to surprise on the list, and click on continue. You can’t add a friend by this point.
  5. Type a message
    message gift steam
    Type your name, a message, and a signature for the gift receiver. Then, click on continue.
  6. Select your payment method and pay
    As before, confirm your purchase to complete the process.

How to Enter a Steam Wallet Code?

Wallet Codes are Steam gift cards. By typing their codes on the platform, you can add a certain amount of funds to the store.

Gift Cards have a code for the amount of money you pay. So, if it’s a $50 gift card, you input the code into your Steam account for $50 worth of Steam funds.

Depending on where you live, you may find Steam gift cards in convenience stores and video-game stores. Otherwise, you may find them on online stores like Amazon, eBay, Alibaba, or Mercadolibre (Latin-America).

If the gift card is not of your store’s same currency, Steam will automatically convert the funds. Yet, some currencies are not available in some regions, so you may encounter an error.

Either way, they present an option for those who don’t have a readily available payment method. Whereas Steam doesn’t accept a credit card or digital bank you have, other stores and people may. Thus, you could buy Steam gift cards if you can’t use your payments directly at Steam.

Here’s an official FAQ for additional doubts. Additionally, here’s a guide on where to buy Steam Gift Cards and Wallet Codes.

  1. Go to the Account Details menu
  2. Click on the +Add Funds option
  3. Click on the “Redeem a Steam Card” option
    redeem-steam-code
    You will see the redeeming option on the right-hand side.
  4. Type the code:
    steam-gift-card-wallet-code
    Lastly, type the code on the bar and click continue. It will add the proper funds to your account.

How to Add a Payment Method to Steam?

steam payment method

Finally, you can add as many payment methods onto Steam before buying anything. It saves time, and it gives you options.

In essence, each time you “Buy” or “Add funds,” Steam will prompt one of the methods you installed.

  1. Go to the Account Details menu
  2. Add a payment method
    add-a-payment-method
    Click on “Add a Payment Method” on the right panel. Payment methods depend on your region.
  3. Add a payment method
    payment-methods-alternatives
    Click on the first bar to check the alternatives available in your regional store. For example, I see various credit card brands on my list, but I can’t see Paypal as I already added the digital bank.
  4. Type your payment method detailstype-account-details
    Finally, type your account details, for example, your credit card data. After typing the information, press “Continue” and finish the process.

Payment Methods on Steam

Steam offers different payment methods for each country and region. You’d have to follow our tutorial to find out the options available in your country.

Worldwide, though, you’d find the following options:

  • PayPal.
  • Visa.
  • MasterCard.
  • American Express.
  • Discover.
  • JCB.

Some regional stores may offer digital bank accounts, ecoins, and other banks as payment methods. 

Lastly, the options are the same to buy a game on Steam or add funds onto the Steam wallet.

how-to
José Zapata
  • LinkedIn

Jose Zapata has been writing about video games at TNT for nearly 4 years. He specializes in video-game troubleshooting, gaming lists, guides, and similar content. In 2021, he created an entertainment commentary/gaming YouTube channel, and he began editing gameplay videos for semi-professional eSports players (Warzone, Rocket League, AoE, and others). However, he prefers the RPG genre, ranging from classic and turn-based like Baldur’s Gate, to modern and open-world action-RPG titles like Elden Ring. He also has a competitive side for RTS games like Age of Empires II and Age of Empires IV…not the pro skills, though! Jose has worked as a content writer for nearly a decade for various tech-related digital magazines. He also has a background as a musician, so he used to work at BegginnerGuitarHQ, where he wrote musical tutorials. Lastly, he’s proficient with video editing and image processing tools such as Premiere, After Effects, and Photoshop, and he has several diplomas in audiovisual production. You can contact him at jouseup@technewstoday.com

Related Posts

steam screenshot folder

Where is Steam Screenshot Folder Located

November 27, 2022
how-to-reset-steam-achievements

How to Reset Steam Achievements

October 11, 2022
how-to-link-origin-to-steam

How to Link Your Origin Account with Steam

September 17, 2022
Best-X-Steam-Alternatives

10 Best Steam Alternatives For PC Gaming

September 16, 2022
steam-games-not-launching

Steam Games Not Launching? Here Are 8 Ways to Fix it

September 2, 2022
Steam-Friends-Network-Unreachable

Steam Friends Network Unreachable? Here’s How to Fix It

August 24, 2022
Add A Comment

Leave A Reply Cancel Reply

Latest Posts
Memory-Compression

What is Memory Compression in Windows? Should You Enable or Disable It

March 1, 2023
dism-vs-sfc-vs-chdsk

DISM, SFC, CHKDSK: What’s the Difference

February 28, 2023
bios-settings-for-gaming

Best BIOS Settings for Gaming

February 16, 2023
You may also like
how-to-clean-hp-printer-rollers

How to Clean HP Printer Rollers

March 3, 2023
keyboard input lag

9 Ways to Fix Keyboard Input Lag

March 3, 2023
keyboard key is stuck

How to Fix a Stuck Key on a Keyboard

March 3, 2023
Recommended
Cookie Clicker Garden Guide

Cookie Clicker Garden Guide to Unlocking Every Seed

September 26, 2021
monitor no signal

Computer Turns On But Monitor Says No Signal (9 Ways To Fix)

November 10, 2022
Facebook Twitter Pinterest
  • Home
  • About Us
  • Our Team
  • Editorial Guidelines
  • Privacy Policy
  • Affiliate Disclosure
© 2023 TechNewsToday, editor@technewstoday.com | Tech Central Pvt. Ltd.

Type above and press Enter to search. Press Esc to cancel.