diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7647529eee..f461265343 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -18,8 +18,16 @@ These changes are available on the `master` branch, but have not yet been releas
 
 ### Changed
 
+- Inline `_InviteMetadata` fields into `IncompleteInvite` and remove the now-unused
+  `_InviteMetadata` TypedDict.
+  ([#3313](https://github.com/Pycord-Development/pycord/pull/3313))
+
 ### Fixed
 
+- Fix `Invite.code` handling when `None` (from `VanityInvitePayload`). `__str__` falls
+  back to `""`, `.url` and all code-dependent methods raise `ValueError`, and
+  `Invite.code` is typed as `str | None`.
+  ([#3313](https://github.com/Pycord-Development/pycord/pull/3313))
 - Fix an attribute error in `RoleColours.is_holographic()` when `secondary` or
   `tertiary` is `None`.
   ([#3268](https://github.com/Pycord-Development/pycord/pull/3268))
diff --git a/discord/invite.py b/discord/invite.py
index 198f0987bf..f0737dc145 100644
--- a/discord/invite.py
+++ b/discord/invite.py
@@ -545,7 +545,7 @@ def __init__(
     ):
         self._state: ConnectionState = state
         self.max_age: int | None = data.get("max_age")
-        self.code: str = data["code"]
+        self.code: str | None = data.get("code")
         self.guild: InviteGuildType | None = self._resolve_guild(
             data.get("guild"), guild
         )
@@ -689,7 +689,7 @@ def _resolve_roles(
             return [Object(role_id) for role_id in role_ids]
 
     def __str__(self) -> str:
-        return self.url
+        return self.code or ""
 
     def __repr__(self) -> str:
         return (
@@ -705,13 +705,15 @@ def __hash__(self) -> int:
         return hash(self.code)
 
     @property
-    def id(self) -> str:
+    def id(self) -> str:  # type: ignore[override]
         """Returns the proper code portion of the invite."""
-        return self.code
+        return self.code or ""
 
     @property
     def url(self) -> str:
         """A property that retrieves the invite URL."""
+        if self.code is None:
+            raise ValueError("Cannot build an invite URL when code is None")
         return f"{self.BASE}/{self.code}{f'?event={self.scheduled_event.id}' if self.scheduled_event else ''}"
 
     @property
@@ -719,7 +721,14 @@ def target_users(self) -> InviteTargetUsers:
         """An :class:`InviteTargetUsers` object for managing the target users list for this invite.
 
         .. versionadded:: 2.8
+
+        Raises
+        ------
+        ValueError
+            The invite has no code.
         """
+        if self.code is None:
+            raise ValueError("Cannot manage target users for an invite with no code")
         return InviteTargetUsers(invite_code=self.code, state=self._state)
 
     async def edit_target_users(self, target_users_file: File) -> None:
@@ -738,6 +747,8 @@ async def edit_target_users(self, target_users_file: File) -> None:
 
         Raises
         ------
+        ValueError
+            The invite has no code.
         HTTPException
             Updating the target users failed.
         Forbidden
@@ -745,6 +756,8 @@ async def edit_target_users(self, target_users_file: File) -> None:
         NotFound
             The invite is invalid or expired.
         """
+        if self.code is None:
+            raise ValueError("Cannot edit target users for an invite with no code")
         await self._state.http.update_invite_target_users(
             self.code, target_users_file=target_users_file
         )
@@ -764,6 +777,8 @@ async def fetch_target_users_job_status(self) -> InviteTargetUsersJobStatus:
 
         Raises
         ------
+        ValueError
+            The invite has no code.
         HTTPException
             Fetching the job status failed.
         NotFound
@@ -771,6 +786,10 @@ async def fetch_target_users_job_status(self) -> InviteTargetUsersJobStatus:
         Forbidden
             You do not have permission to view the target users.
         """
+        if self.code is None:
+            raise ValueError(
+                "Cannot fetch target users job status for an invite with no code"
+            )
         r = await self._state.http.get_invite_target_users_job_status(self.code)
         return InviteTargetUsersJobStatus(data=r)
 
@@ -788,6 +807,8 @@ async def delete(self, *, reason: str | None = None):
 
         Raises
         ------
+        ValueError
+            The invite has no code.
         Forbidden
             You do not have permissions to revoke invites.
         NotFound
@@ -796,6 +817,8 @@ async def delete(self, *, reason: str | None = None):
             Revoking the invite failed.
         """
 
+        if self.code is None:
+            raise ValueError("Cannot delete an invite with no code")
         await self._state.http.delete_invite(self.code, reason=reason)
 
     def set_scheduled_event(self, event: ScheduledEvent) -> None:
diff --git a/discord/types/invite.py b/discord/types/invite.py
index 584b573094..6d2b511b69 100644
--- a/discord/types/invite.py
+++ b/discord/types/invite.py
@@ -40,22 +40,20 @@
 InviteTargetType = Literal[1, 2]
 
 
-class _InviteMetadata(TypedDict, total=False):
-    uses: int
-    max_uses: int
-    max_age: int
-    temporary: bool
-    created_at: str
-    expires_at: str | None
-
-
-class VanityInvite(_InviteMetadata):
+class VanityInvite(TypedDict):
     code: str | None
+    uses: int
 
 
-class IncompleteInvite(_InviteMetadata):
+class IncompleteInvite(TypedDict):
     code: str
     channel: PartialChannel
+    uses: NotRequired[int]
+    max_uses: NotRequired[int]
+    max_age: NotRequired[int]
+    temporary: NotRequired[bool]
+    created_at: NotRequired[str]
+    expires_at: NotRequired[str | None]
 
 
 class Invite(IncompleteInvite):