Creating Red Velvet Banana Pudding Magic is straightforward. Follow these steps to make this incredible dessert:

1. Preheat the Oven: Preheat your oven to 350°F (175°C).
2. Prepare the Cake: In a large mixing bowl, combine the red velvet cake mix, eggs, vegetable oil, and water. Mix until well combined.
3. Bake the Cake: Pour the batter into a greased 9×13 inch baking pan. Bake in the preheated oven for 25-30 minutes or until a toothpick inserted in the center comes out clean.
4. Cool the Cake: Once baked, remove the cake from the oven and allow it to cool completely in the pan.
5. Prepare the Pudding: In another bowl, whisk together the instant vanilla pudding mix and milk. Let it sit for about 5 minutes until it thickens.
6. Combine Whipped Topping: Gently fold in the whipped topping and vanilla extract into the pudding mixture until well blended.
7. Layer the Dessert: Once the cake is completely cooled, crumble the red velvet cake into bite-sized pieces and layer half of it at the bottom of a trifle dish or a large bowl.
8. Add Bananas: Layer the sliced bananas over the crumbled cake.
9. Add Pudding Mixture: Pour half of the pudding mixture over the bananas, spreading it evenly.
10. Repeat Layers: Repeat the layers with the remaining crumbled cake, sliced bananas, and pudding mixture.
11. Chill: Cover the dish with plastic wrap and refrigerate for at least 2 hours to let the flavors meld and the pudding set.
12. Serve: Before serving, top with optional red velvet crumbs for an extra touch of flair.