Monday, June 27, 2022
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Can I Get Cash Off My Vanilla Visa Gift Card

Is A Visa Gift Card The Same As Cash

Can You Get Cash At ATM With Vanilla Visa Gift Card

A Visa gift card offers the same functionality as cash, in that you can make payments with these methods. There are main differences to consider between gift cards and cash.

The most obvious is cash can be used for basically anything, while individual gift cards are only applicable in certain circumstances. Another thing to consider is you can have as much cash on hand as you have.

Visa gift cards only allow a certain amount. You can still transfer Visa gift cards to cash, but it requires specific methods.

Can You Transfer Money From Visa Gift Cards To Paypal

Using the Card Cash website, you can sell your unwanted gift cards and get money for them.According to the PayPal site, you can transfer money from a gift card right into your balance on PayPal.

Keep in mind that you will have to buy another merchants gift card with your Visa gift card first and then upload that gift card onto the Card Cash website.

From my knowledge, it looks like the Card Cash website only accepts gift cards from stores such as Target, Walmart, Jewels-Osco, etc. Therefore, you will have to purchase a gift card with your Visa gift card from one of the accepted Card Cash merchants.

What Is A Visa Or Mastercard Gift Card

Visa or Mastercard gift cards are often sold by stores as part of a promotion. They usually offer higher rewards, immediate discounts, or mail-in rebates as part of the promotion. The discounts usually mean the purchaser makes a profit as the discount is often higher than the card purchase fee.

As well as receiving a discount, some cards give up to 5x more points or cash back at participating stores. A combination of discounts, promotions, and bonuses can mean some Visa or Mastercard gift cards give a fantastic return to the purchaser.

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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.

How To Withdraw Money From A Prepaid Card

Last Minute Gift Ideas

Visit an accredited ATM and use your prepaid card at an ATM that is run by the bank that issued the card. You can likewise visit any ATM that shows one of the network brands shown on the rear of your card. Enter your PIN, and complete your transaction.

Insert your card in the ATM machine and enter your PIN. The machine will at that point reveal to you how much the withdrawal expense is. Now, you can choose to proceed or drop your transaction. Select checking when asked what account you wish to use. In the event that you are withdrawing $20, but you have to pay a $3.50 expense, your withdrawal sum is $23.50.

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Can I Get Cash Back From A Visa Gift Card

If you have a Visa gift card and are wondering if you can get cash from it, the short answer is probably not. To fully answer the question, however, I need to clarify the difference between a Visa® gift card and a Visa Reloadable Prepaid Card. Both types of plastic may appear to be the sameboth carry the Visa logo and come preloaded with a finite dollar amount to spend. Thanks to a new law that went into effect in 2013, both now also come with a Personal Identification Number so they can be swiped as debit transactions on Point of Sale terminals. Though the two cards are similar, only prepaid cards can be used to get cash from an ATM or to get cash back from a merchant. Gift cards cannot. Read the terms and conditions on the back of your card to know for sure.

Terms And Condition Of A Visa Gift Card For Successful Transfer To Bank Account

Expiration date It is important you make sure that your gift card is not expired. Check your card to know when it expires or else transferring money would be impossible

Not Transferrable It is true that there are some cards that are non transferrable. It isnt possible for others to use them. So make sure yours isnt one.

Dormant Card If your gift card havent been used for a long period then a fee may be attached to you for inactivity. Check this to avoid charges.

Adequate Funds Most Individuals end up spending more on charges and fees transferring money from the gift card to the bank account than the balance in the gift card. So to avoid losses, its better to make sure that there is more than enough money in your gift cards before you go ahead to transfer.

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How To Set Up Your Reloadable Debit Card

Select your card

Browse through the various reloadable debit cards available at Walgreens and decide which card is right for you.

Purchase and register your card

Visit any of our > 8,000& plus locations to purchase and load your card. Funds on temporary cards can be used for purchases. All cards come with instructions to register. To register your card, you will need to provide your name, address, date of birth and Social Security number. Once registered and your information is successfully veried, you will typically receive a personalized card in the mail approximately 710 business days.

Reload your card

Add funds to your card with direct deposit or with cash in store at any of our convenient locations.

Use your card

Use your reloadable debit card to shop, get cash at ATMs, pay bills online or shop in stores anywhere Visa, MasterCard or American Express cards are accepted.

Add Your Visa Gift Card To Venmo

Can You Add Money To Vanilla Visa Debit Gift Card?

Venmo is a PayPal owned mobilepayment service that allows you to transfer money with friends using a mobilephone.

This app allows users to add Visa gift card balances.

Unfortunately, sometimes the app may block your attempt to add a visa gift card as a fraud prevention measure.

But if it lets you do it then youcan transfer the fund to your bank account.

To do this you need to use theTransfer to Bank on the menu.

As is the case with PayPal, thistransaction can take a few working days before it hits your bank account.

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How Do I Get Cash From A Vanilla Visa Gift Card

Some people get confused since there is such a thing as a Vanilla Visa gift card that you can buy.

Vanilla Visa gift cards are prepaid Visa gift cards that are available in amounts between $10 and $500.

To convert a vanilla Visa gift card into cash, you can follow any of the tricks that are mentioned in this article, like selling it to a friend, online gift card marketplace, or on the Facebook Marketplace as examples.

Purchase A Money Order With Your Gift Card

A money order acts very similarly to a check but you have to have it issued by your bank or a specialty institution. The good news is that Walmart and some grocery stores customer service areas now issue money orders.

Youll have to check with each individual money order issuer, but you may be able to purchase your money order using your Visa gift card. This is no different than paying for your money order using a debit card.

Just make sure you have enough money on the gift card to cover the balance of the money order. Then you can cash the money order or deposit it into your bank account.

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Add The Balance To Your Paypal Wallet

If youre already a PayPal user, then this might be the easiest way for you to cash out a Visa gift card.

PayPal actually lets you transfer the balance of any prepaid gift card to your PayPal wallet.

After you transfer your balance, you can use the funds to checkout at any online retailer that accepts PayPal or you can just transfer them to your bank.

Just keep in mind that you incur a PayPal fee if you want to use your cash immediately once you transfer it to your bank account. However, if youre willing to wait a few days, then you can get it all for free.

Visa And Mastercard Gift Cards As Gifts

Sell Vanilla Gift Card For Cash In Nigeria.

One method we mentioned earlier was to use gift cards to pay bills, then you have the cash you would have used for the bill to use for whatever you like.

A similar idea to this is to give gift cards as presents. Doing this means you still have the cash you would have used for the present and the recipient has the gift card to use for whatever they like.

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About Government Payment Cards

Many eligible individuals may receive a Government Payment Card in the mail. Several states use these cards to distribute unemployment benefits. Additionally, as a result of the Coronavirus Aid, Relief, and Economic Security Act , some individuals may receive their Economic Impact Payment via the Economic Impact Payment Card.

Government Payment Cards are not linked to your bank account, and they are not credit cards. They are prepaid debit cards onto which a government agency loads funds directly and you can use them just like traditional debit cards.

Buy From A Physical Store And Then Return The Item

The final method is one that many may feel uncomfortable with. Its included on the list as it is a valid way of converting a gift card to cash but there are some potential risks.

First, you would need to go to a physical store and make a purchase using the gift card. Once you have bought an item, you can return it and request a refund by cash or check. You will need to tell them you no longer have the gift card which is why the refund needs to be made by cash or check.

If all goes smoothly you now have the cash amount of the gift card in your hand. However, there are some potential pitfalls including:

This method isnt the best choice as it is time-consuming plus there are moral and legal implications. However, it is a way that means you can usually end up with the full gift card balance in cash.

Provided you arent breaking any laws this might be a good method to use occasionally.

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Sell Your Visa Gift Card For Cash

I hate these options out of most because you wont get 100% of your value, but with the right site, you could get up to 95% back. I would only consider this option if you dont have a PayPal/Venmo or you dont want to deal with the hassle of it.

To sell your Visa gift card for cash online, its relatively easy. Just head to one of the many sites Im about to mention, ask for a quote and then follow the prompts if you want to sell it to them.

In most cases, you can get your cash almost instant while some may have a 24-48 hour waiting period. You should know the terms before you sell them, however.

If interested, here are some websites that buy Visa gift cards:

Again, dont expect 100%. Instead, maybe 95% at most. For instance, I could get $22.50 for my $25 Visa gift card. You have to ask yourself if its worth it.

TIP: If you dont want to sell your Visa gift card, you can trade them on these platforms, too!

Turn Your Visa Gift Cards To Cash By Buying And Reselling Items

How To Use Vanilla Visa Gift Card Online

This may take a few extra steps to do but it may be the only other option on this list that lets you make money from converting your Visa gift cards to cash .

As mentioned, most stores treat Visa gift cards like credit cards. This means that you can generally use them to buy items at almost any store, so keep an eye out for things that are either heavily reduced or in high demand.

In both cases, theres a good chance you may be able to resell the item at a higher price than what you paid. This, in turn, will let you eventually get cash from your gift card.

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Can You Turn A Visa Gift Card Into Cash In Hand

Some of these options are better than others at turning a Visa gift card into cash in hand. In fact, this will really only be the outcome when youre trading your card in in-person, such as when selling it to someone or converting a Gift Card Kiosk voucher into money.

However, having the money added to your PayPal or bank account is as close to cash in hand as you can get. Simply add the extra step of going to withdraw it and youre on your way.

Go To A Gift Card Exchange Kiosk To Trade It In

One super easy way to convert Visa gift cards to cash is to find a Gift Card Exchange Kiosk. Theyre usually yellow and you can often find them in shopping malls and supermarkets.

All you have to do is enter your gift cards information into the kiosk, which will include things like the set of numbers on the front of the card.

Youll then be presented with a range of offers for you to decide which one you want. Once youve made your selection, youll be issued a voucher to take to the cashier to get your money.

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Sell It On A Gift Card Exchange

Another way to exchange your Visa gift card for cash is to just sell it.

There are numerous apps and websites that let you sell Visa gift cards for cash. The only downside to these is they tend to take a pretty hefty commission, so its best to try other avenues first.

One reputable website you can use is Raise, which lets you sell unused, unwanted gift cards, including Visa gift cards.

If you did want to give this method a shot, definitely try out Raise.

Its available via browser, but they also have an app if thats easier for you.

Raise actually works with Prepaid 2 Cash to let you convert your Visa gift cards to cash, but its a secure and quick way to get some extra cash in your hands.

Other websites you can use to get cash from a Visa gift card include CardCash and GiftDeals.

Before selling, remember to shop around to check what the commission percentage is to find the best platform to sell your Visa gift cards!

Can You Transfer Money From A Visa Gift Card To Paypal

Can You Add Money To Vanilla Visa Debit Gift Card? ð´

Yes, you can easily transfer money from a Visa gift card to PayPal. First, log in to your PayPal account. Find the wallet option at the top, once selected click link a card, and follow the instructions to add the details of the gift card. Once the balance has been added you can withdraw the money to your bank account, transfer it to other PayPal users, or spend it with merchants that accept PayPal. Dont forget that fees may apply so factor that into your calculations.

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Can You Transfer Money From A Vanilla Visa Gift Card To Paypal

Yes. Anywhere in the U.S. where PayPal is accepted you can use prepaid gift cards that have a Visa®, MasterCard®, American Express®, or Discover® logo on it. For users without PayPal account, you can just enter the card information during checkout in the same way you would do with credit or debit cards.

Are Visa Gift Cards Traceable

The transactions themselves are traceable as they are tracked by Visa but it is another thing when it comes to tracing the user. This is because there is no name or contact information connected to the card.

Having said that I should still add that one can still trace the buyer of a gift card easily if they bought it using a debit card or using their bank account.

In this case, the seller or law enforcement can be able to track you through your card details or bank details used during the purchase. But if you use cash to purchase the gift card it would be difficult to trace the purchaser.

Another way law enforcement or others can track the user of a gift card is through the IP address of the computer used to do a transaction. Most people dont know that almost all the transactions we do online leave a digital footprint.

Even the emails we send leave a digital footprint in the form of the IP address from which it was sent. It does not matter whether you are using Gmail or yahoo mail. Another way an investigator can trace you is through the mailing addresses you use when doing your purchases.

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