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Can I Get Cash Off A Visa Gift Card

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Can You Get Cash Back From A Visa Gift Card

How To Get Cash Off A Visa Gift Card | How To Get Cash Out Of A Visa Debit Gift Card

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Try these simple options to convert Visa gift cards into cash.

Receiving gift cards is fantastic, but making sure you can actually spend the balance is the best part. Thats why learning how to turn Visa gift cards into cash might be a smart method to ensure that you utilize everything on your card and to ensure that you dont lose money on it.

You might be wondering if there is a simple, fast and easy way to turn Visa gift cards into cash the answer is yes!

Because there are a lot of ways to make money online and a lot of these sites payout via Visa gift cards, which is the second-best option if they dont offer payment through PayPal.

While its still money, its definitely not as good as cash. So what do you do when you want to convert a Visa gift card to cash? Well, if you want to get cash from a Visa gift card, you have some realistic options.

Lets get started.

Pay Your Bills With Your Gift Card

Here is an interesting method you can try. While you arent necessarily exchanging the card for stacks of dollar bills, you are still using it the same way. As long as there is money on the card, you can use Visa gift cards to pay for your bills.

Visa gift cards are usually set up like a debit card with a card number, expiration date, and security code number on the back. The main difference is that the cards have a set amount of money programmed onto them instead of being linked to a bank account.

This makes it easy to pay your bills directly with a Visa gift card that you cant with pretty much any other gift card. So if you have a water bill or phone bill coming up, pay it with your Visa gift card instead.

Most people dont think of using their gift cards for bill payment, but it has multiple benefits. For starters, you can make quick use of your gift card.

If youre running low on credit, you can also use the gift card instead. Its a convenient way to use these gift cards in the same vein as cash.

Simple Options To Convert Visa Gift Cards To Cash

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Receiving gift cards is great but making sure youre actually able to use the balance is the best part of all. Thats why seeing how to convert Visa gift cards to cash can be a great way to make sure that you use whats on the card with the added flexibility of being able to spend the balance anywhere!

Perhaps you were given the card as a gift or you bought it as part of a promotion. The latter is pretty common, as youll often find stores that offer discounts or bonus deals if you buy Visa gift cards from them. This can, in turn, save you a good amount on the actual value stored on the card.

You could even have gotten it by having earned it yourself! Sites like Swagbucksoffer this from time to time, by letting you earn Visa gift cards for free by watching videos, playing games and searching the internet.

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But now that youve got the card, you may be struggling to figure out what to do with it. Or you could just prefer to have straight up cash to be able to use it how you want.

  • Final thoughts on converting Visa gift cards to cash
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    Why Should I Register My Visa Gift Card

    There are several benefits:

    • It enables you to make purchases online. Your registered address will serve as the billing address that retailers require.
    • It enables representatives to more quickly assist you when you need assistance.
    • It protects you if your card is ever lost or stolen, so that you can be reimbursed for funds lost.

    How Much Money Can You Put On A Prepaid Visa Card

    $100 Visa Gift Card Giveaway Sweepstakes

    When it comes to prepaid debit cards, one of the biggest headaches can be limits on the balance you can carry. If youre having your paycheck automatically added to the prepaid card and are good at saving up money, you could easily hit a limit that creates problems for your money management strategy. So weve pulled together a list of the best no limit or high limit prepaid debit cards you might consider if you want to avoid this particular issue.

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    Can You Transfer Money From A Gift Card To A Debit Card

    While you cant directly transfer money from a gift card to a debit card, there are ways to achieve this with a few extra steps. For example, if you add your Visa gift card to your PayPal wallet and then transfer that money to your own account, youll have access to that cash via your debit card.

    Similarly, by selling the card through an app or a website, the company that buys it from you will either transfer the money that you make to your bank account or may send you a check. Either way, the money will then be in your account and ready to be used by your debit card.

    This means that while its not strictly the case that you can transfer money from a gift card to a debit card, the workarounds are super straightforward to do.

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    Best Practices For Prepaid Cards

    Do: Use it all at once, if you can

    If you spend a prepaid card in a single transaction, youll never have to think about how much balance remains on the card, and youll never have to remember to carry it with you.

    Aside from the Amazon strategy above, I recommend the grocery store and dining out as two great opportunities to spend a prepaid card cleanly and completely. These are also situations where the staff is accustomed to splitting payment across multiple cards, which is helpful.

    If youre lucky enough to have a card with a high value, using it all at once might not be possible. In this case, make life easier by sticking a Post-it note to the card to track the remaining balance. Id still advise that you spend the card down in just two or three large chunks rather than a lot of little transactions.

    Do: Use it quickly

    There are two reasons for this. First, many of these gift cards charge monthly account maintenance fees . Second, the longer you have it, the more likely you are to lose or forget about it.

    Dont: Use it for purchases you might need to return

    When you return a purchase, the merchant will often want to credit back to whatever card you used for payment, which will be inconvenient if not impossible when a prepaid card is involved. Focus on purchases you wont return, such as groceries.

    Note: If you follow the Amazon strategy, dont worry. Amazon will refund your gift card balance in the event of a return.

    Dont: Treat it as free money

    What Visa Gift Cards Can Be Used At An Atm

    How To Turn Visa Gift Card into Cash Using Paypal

    If you currently have a Visa gift card and want to know if you can use it directly at an ATM, the short answer is no. Because these types of gift cards are coded to be used in stores or at restaurants, you cant directly get money from an ATM from them.

    You can, however, use some of the methods listed in this post such as selling the gift cards for cash on places such as Facebook Marketplace or Gift Card Granny.

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    Can Gift Cards Be Used To Launder Money

    Yes, both store gift cards and prepaid cards have been used by criminals to launder money for the simple fact that they allow anonymity. Generally, these cards can be used to avoid causing laundering alerts.

    For example, one can pre-load large amounts of money into a prepaid card and transfer small amounts into bank accounts a process known as smurfing. This is very common with drug traffickers and is obviously illegal.

    Convincing Square To Accept The Visa Gift Card

  • 1Appear like a merchant. While Square indicates it accepts Visa gift cards, there are mixed reports that Square will reject a Visa gift card if it believes you are using the service once to transfer a balance. In order to avoid this, you need to convince Square that you are a regular merchant or find a friend that is an established merchant to make the transfer for you.
  • There is no guarantee this will work, but it will increase the likelihood of success.
  • You can skip this part and try to make the gift card transfer following the steps in the next part. Just be aware that it may fail.
  • 2Open the Square app and enter an amount for a transaction. This is a transaction that you create and pay with your own funds or credit card. You are not actually buying or selling anything. This creates a transaction record in Square before trying to transfer the Visa gift card balance. It is recommended that you enter an amount in Square that is not too large since it charges a transaction fee. You will get this money back in the bank account that is linked to Square, it is not disappearing.
  • 3Input the credit card information for the charge. You are not using the Visa gift card yet, so choose another card for this transaction. It does not matter what kind of card you use.
  • 4Conduct a few more small transactions with your own funds. This will make you appear more like a merchant and also serve as a test ahead of a the larger balance transfer.
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    Four: Link Your Bank Account To The Prepaid Card By Providing The Routing Number And Account Number Of Your Bank Account

    To perform the transfer, most prepaid card providers will ask you to link your bank account by entering your bank accounts routing number and account number.

    Your routing number is a 9 digit number that tells you where your bank account was opened. One place to search for it is at the bottom of your checkbook.

    Its also known as your ABA or RTN number.

    Make sure you have this ready. If you dont have the routing number of your bank account, check with your banks website.

    Most banks have a page where all their routing numbers are listed. Have a look at U.S. Banks website for example.

    Pay With Gift Card Instead Of Cash

    Can You Add Money To Vanilla Visa Debit Gift Card?

    The first way to convert a gift card into cash may seem obvious. Use the gift card to pay for something that you would normally use cash for. This means the bill is paid, but you still have the cash to spend!

    Keep in mind that credit card fees may apply when paying with a Visa or Mastercard gift card. Check that first to make sure it still makes sense to pay with the gift card. If it does, then go ahead with the payment and now you have the equivalent cash remaining in your bank account.

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    Add Gift Card To Paypal Wallet Online

    A feature of using PayPal is the option to add Visa gift cards to your PayPal wallet. Once you have added the gift card to your wallet you can use the balance just like cash. This means you can make a purchase from any merchant that offers PayPal as a payment method. Most online retailers accept PayPal so you now have a huge range of retailers that you can use the gift card balance with.

    Not only could you spend it like cash with merchants that accept PayPal, but as it is now cash there are other ways you can use the balance. You can transfer the money to your linked bank account or send the money to other PayPal users. Keep in mind that fees may apply of up to 3% when transferring money using PayPal.

    How do you add a gift card through PayPal?

    Adding a gift card through PayPal is extremely easy. You just have to follow 4 simple steps, they are:

    • Log in to your PayPal account.
    • At the top of the page click on Wallet
    • You should now see an option on the left-hand side that says, Link a card, click this option.
    • On the next screen fill in the gift card information and click add card

    Thats it! In 4 easy steps, your gift card is now linked to your PayPal account and the balance can be used as cash.

    If you do experience any problems adding the card such as an error message, contact the card issuer. Sometimes a card must be registered first to make sure the address matches. Once that is done there should be no trouble linking the card to your PayPal account.

    Why Cant I Use My Visa Gift Card Online

    Visa gift cards are linked to bank accounts that generally must be activated in order to receive transactions. Inactive cards will be declined if used for payment because the associated bank accounts are not ready to be used. The same is true for Visa gift cards, whether you buy them online or at the store.

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    Add Your Visa Gift Card To Paypal Wallet

    PayPal Wallet is a phone app thatallows you to pay with a PayPal account.

    It is called a wallet because youcan add your cards to this app and use them when making payments through thisapp.

    One way to get cash from a visa gift card is to add the visa gift card to your PayPal wallet.

    Once added then you can send itthat another PayPal account that you are holding.

    Afterward, you can use a PayPaldebit card to withdraw the cash.

    In case you dont have anotherPayPal account you can send the money to a colleague who can withdrawal it foryou.

    The only drawback with thismethod is that PayPal will charge a processing fee of 1.4%

    If your PayPal wallet isconnected to your bank account then that is much better as you can thentransfer the money to your bank account.

    Unfortunately, sometimes it maytake up to five business days to reach your bank account.

    Where Can You Use Your American Express Gift Cards

    How To Turn Visa Gift Card into Cash Using Paypal or Venmo | Transfer GiftCard Money to Bank Account

    The easiest way to get the full value for your gift is to use it for purchases. These gift cards can typically be used at most in store and online retailers and are accepted anywhere American Express is accepted in the United States and the District of Columbia. American Express gift cards cannot be used for recurring billing or at ATMs.

    Your gift card may be declined if there are not available funds available on the gift card to cover your purchase, or a pre-authorization request. Some businesses such as gas stations pre-authorize a certain amount for those who pay at the pump. To avoid this and only have a hold for the amount you spend, pay inside the gas station where possible. To make sure you have enough on your gift card for purchases, keep track of your available balance having your card declined.

    How to Check Your American Express Gift Card BalanceBefore you use your AmEx gift card to make a purchase, or to convert to cash, you will need to know how much is on the card. To check the balance of your American Express Gift Card, visit balance.amexgiftcard.com and enter your Gift Cards Security Code, Expiration Date, and Card Number.

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    Can I Sell A Visa Gift Card To Other People

    Yes, if you choose to, you can definitely sell a Visa gift card that you have and dont want to other people. Places such as Facebook Marketplace and Gift Cash let you sell your unwanted gift cards and get cash for them.

    You can even sell them to your family and friends if you dont want them. If selling online isnt your thing, try asking family or friends if they would be interested in your Visa gift card.

    Can You Use Visa Card For Cash App

    Cash App, just like PayPal, accepts prepaid and credit cards from Visa, American Express, and MasterCard alongside Discover.

    Almost every government-enabled prepaid card is supported by the app but you cannot use Cash App to deposit money to any of the cards. When it comes to Visa gift cards, add the card to your PayPal balance, then cash out as you normally do with PayPal.

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