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Can I Transfer A Gift Card To My Bank Account

Easy Ways To Transfer Visa Gift Card To Bank Account In Less Time

Can I transfer money from a Gift Card to my Bank Account?
  • 7 minute read

To transfer visa gift card to bank has been somewhat difficult for individuals and even impossible for most people.

Having visa cards have saved individuals the stress of carrying cash around and going out of budget with their expenses because they can load their cards with a set amount of funds that can carry their purchases for a long period of time.

But where by a person has enough funds in the visa card and lacks cash at hand, there becomes the need to be able to transfer the visa gift card to a bank account in order to access the cash and use however they want.

So the common question is How do you transfer visa gift card to bank account?

This content is going to help you understand the modules of transferring visa gift cards to a bank account. But Its important you first understand what a visa gift card is.

Final Thoughts On How To Get Cash From A Visa Gift Card

There you have it, some mind blowing tricks to transfer that Visa gift card into cold hard cash, right in your wallet or bank account. A few of these involve thinking slightly outside the box and may take some minimal effort, but youd definitely be laughing your way to the ATM once done.

Also, you can use readily available online resources to move the funds around until you get the cash that you want. The most important point to note when trying to select a method to convert a Visa gift card to cash is your particular need at that moment in time.

There is no best way to turn Visa gift cards into cash, just a preferred way depending on the situation!

Each person is different and if you need the cash right away, it might be worth it to pay the fees to get less than face value in exchange for your gift card. On the flip side, if you have some time on your hands and entrepreneurship in your blood, why not invest the card and make a profit instead?

Whichever way you choose to do it, its up to you. Go ahead and start converting some plastic to paper!

Are there any other ways to turn gift cards into cash, that you know of? Share with us in the comments below. Wed love to hear from you!

Dont forget to follow us on , and for more ways to make money, save money and and to learn about awesome deals and freebies!

Use Visa Gift Card To Buy A Money Order

Stores like Walmart as well as certain grocery stores will let you buy money orders using your Visa gift card. That said, the availability of this can vary, so check if this is an option in your area. But once youve done this, the money order can then be deposited into your bank account to be used as straight up cash.

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Transferring The Gift Card Balance

  • 1Charge the gift card balance on Square. The gift card will be authorized, the card’s balance will fall to zero, and the funds will be deposited by Square into your bank account within one business day.
  • If Square does not allow the transfer, you will see a note that it is against their policy to transfer a Visa gift card balance. They will still charge the 3.5% or 2.75% fee to your bank account, and the balance will get credited back to the Visa gift card.
  • 2Check your bank account for the money. It should take just one business day for the money to show up in your account. Allow an extra day if you made the charge later in the day, some banks also take time to process it. The transaction could show up as a pending deposit and may not have immediate availability. Check your bank’s policies online or with your branch.
  • A bank’s stated policy is typically the worst case scenario for your fund availability. It is often faster than the stated time frames.
  • 3Check the Visa gift card balance. The Visa gift card should have a zero balance if you successfully transferred the funds. However, if Square rejected the transaction, you will need to check the balance and make sure the fund were returned to the Visa gift card.Advertisement
  • If You Want To Get Money You Can Either Send It To Your Bank Account Or Request A Check

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    Transfer ebay gift card to bank account. Moneygram charges you a base fee of $1.99 Most transactions complete within a day. At the top left side of your summary page is a paypal balance box.

    It may require a few extra steps, but you cansaveon fees by adding your gift card balance to yourpaypalwallet. Can i transfer money from ebay gift card to my bank account? Log into paypal account and opt to transfer it from available balance to one of your bank accounts of record, wait a day or three for it to post (or pay a nominal ~1% surcharge for.

    How much does it cost to transfer money from gift card to bank account? How to transfer money from any gift card to my bank account things you will need:2 seperate paypal accounts1 bank accountany giftcard commo. Give out the visa gift card as a gift.

    You can buy exclusive ebay gift cards in different denominations and use this to buy anything from ebay. Basically, you will pay based on the amount you are transferring from your gift card to your bank account for a fee of less than $200. You can buy a gift card from ebay without creating an ebay account.

    In most cases, it can take up to 24 hours to receive your cash. There are several options of transfer which is either by downloading a square reader or using moneygram. I have not heard of any transfer system moving a credit value on a gift card into a bank account.

    Paying With Ebay Gift Vouchers

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    Can I Use My Navy Federal Visa Gift Card For Online Or Phone Purchases

    Yes. To make an online or phone purchase, youll need to register your card. After signing in to navyfederal.org/mygiftcard, select My Profile under My Settings and enter your name, address and phone number.

    When you make an online or phone purchase, the name, address and phone number you use must be exactly the same as the information you provided when registering your card. If the information is different, the transaction may be declined.

    Transfer Visa Gift Card To Bank Account Through Moneygram

    MoneyGram is the second largest money transfer company. They are fast, affordable, reliable, and most importantly safe. Get ready to transfer visa gift card to Bank account by visiting MoneyGram website and following the steps below

    #1. Sign up to create an account at MoneyGram

    Once you open the MoneyGram website, click the Sign up button, fill in your email address, provide a strong password and sign up.

    Go to your email and verify that youve successfully created an account.

    #2. Click Send Money at the MoneyGram website

    At the top menu bar of the website, click the Send money icon and it would take you to a page where you are required to fill in the payment details. Which includes

    • Amount to be sent
    • Select Debit or Credit card
    • Select the Account Deposit or Debit card deposit option.

    Make sure that your visa gift card is linked to your bank account you are sending the money to.

    #3. Fill in Bank Details

    Youd be taken to a page where youd fill in your bank details after sending the payment information. Here youd enter

    • Receivers Name
    • Address
    • Card information

    After entering these information, click Next and your money transfer would be processed. Viola! In few minutes youd have transfered money from your visa gift card to bank account.

    Note that MoneyGram charges a fee based on the amount youre sending. And fortunately their fee is ridiculously cheap. $1.99 for amounts less than $200. For amounts above $200, it charges $1.99 + 1% of the transferred amount.

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    Does Amazon Pay Good Salaries

    Amazon will hire 50,000 employees in New York and Virginiahere are 11 of the highest-paying positions at the company. Right now, employees living in the Arlington, Virginia, area and the New York City area earn average annual salaries of $60,890 and $63,029, respectively, according to Glassdoor estimates.

    Sell It On The Raise App

    How to transfer gift cards money to your bank account – Money Maker off gift cards!

    Another way to convert a Visa gift card into cash is by selling it on an app called Raise. Raiseis a site where you can sell your unwanted gift cards with ease.

    Its really simple! All you have to do is find all your unwanted gift cards then list them to sell on the platform. Lastly, you will get paid either via Check, PayPal, or by direct deposit when someone buys the gift card.

    Raise is an amazing site if you have unwanted Visa gift cards or any other gift cards from stores such as Target, Amazon, and Walmart. In addition to selling unwanted gift cards on the site, you can save money when you buy other gift cards on their site.

    You can also check out their coupon section to find some of the latest deals on popular stores and brands.

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    Give The Visa Gift Card Away As A Gift

    Another great way to convert Visa gift cards to cash is by giving them away as a gift. One of the great things about Visa gift cards is that they can serve as a cash gift. If you are attending a special occasion such as a birthday or baby shower, you can give a Visa gift card to the person.

    The person will be able to use the gift cards like cash to purchase the items of their choice. This is a great way to give someone a gift that is similar to money. Instead of giving someone something like cash in a card, you can simply put the Visa gift card in a special card and give it to them as a gift.

    How To Convert Visa Gift Cards To Cash

    There are a bunch of different ways to get your Visa gift card balance converted to cash. In a few cases, theyll let you end up with actual cash in your hand, while others will let you treat the card as if it were cash in terms of how you use it.

    There are a few ways though that involve a transfer of the Visa gift card to your bank account. From there, youll then be able to withdraw the money as cash.

    Want to get started with a free $5 Visa gift card? Simply and youll get a free $5 welcome bonus, which you can then convert into a Visa gift card

    Whichever option you choose though, the outcome is the same. So it just becomes a question of which one is easier for you.

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    Where Do I Get A Gift Card

    If you want to give a person a gift card as their birthday present, various companies sell gift cards. For example, you can buy Visa gift cards from the Visa company itself or from other companies that also sell gift cards. Various companies sell Visa gift cards. They include the following.

    i) United States Postal Service

    The United States Postal Service sells gift cards that you can buy with various denominations. You can purchase it online or at any store near you. It would help if you had denominations of $20 to $500. You can find a physical location here or complete the order process online.

    ii) Walmart

    Walmart is one of the biggest online and physical stores in the US to purchase various goods. The company sells unique gift cards that you can give to your loved ones to buy whatever they want from Walmart. The card denominations range from $25 to $200. You can order the card online or from a physical store.

    Walmart also issues prepaid debit cards that you can use for various kinds of transactions such as buying goods and services, transfering to a bank, or even sending to other cards. You can easilysend money online using a debit cardfrom Walmart.

    iii) Target

    Target is an online retail store where you can purchase goods and services. It is one of the best sites where you can get a gift card for your loved one. Target allows you to buy gift cards of various denominations, including $25, $50, and $100 in stores and up to $200 when you buy online.

    iv) Staples

    v) CVS

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    Ach transfers enable you to send or receive money conveniently and securely. Next, go follow to the my cash tab.

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    How To Transfer Gift Card Balances To Your Bank Account Using Cardcash

    Yes, you can transfer money from most prepaid gift cards to your bank account using a service called CardCash.

    Unlike most prepaid cards, gift cards are disposable and can only be used until the balance reaches zero while most prepaid cards are reloadable and can be used indefinitely.

    Thankfully, weve found one proven method for transferring money from your gift card to your bank account.

    You can use mobile payment services like CardCash to transfer your money from your gift card or prepaid to your bank account.

    The catch? Its more expensive than just using the gift card or prepaid card to buy items. So make sure that its really the cash value that you want from the gift card.

    To transfer gift cards to your bank account using the CardCash Option:

  • Go to this page on the CardCash website
  • Enter the gift card you have Ex: Walmart
  • Enter the amount on the gift card Ex: $100
  • Click GET OFFER and an offer for how much they will pay you will appear Ex: $88.00
  • If you accept the amount, click Get $88.00 Cash
  • There will be a pop-up window asking how you will like to get paid and choose PayPal Express
  • Enter your gift card number and PIN and continue to connect with your PayPal account
  • Log-in to your PayPal account and fill the required fields
  • Click Get my PayPal Balance
  • Once the balance reaches your PayPal Wallet, you can now transfer the money to your bank account by following these steps on How to transfer from PayPal to my bank account?
  • What Visa Gift Cards Can Be Used At An Atm

    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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    How Do I Get A Gift Card

    Gift cards are not difficult to get, just as you can get a prepaid card or debit card. However, gift cards are usually limited to buying goods and services. Contrary, you can use a prepaid card to buy goods and services and send money to others. You can also transfer money from a prepaid card to a bank account.

    To get a gift card, you have to request it from the most appropriate gift card issuer around. The process below can help you when it comes to applying for a gift card.

    • Visit an online or a physical store and request a gift card denomination amount.
    • Present the payment of the card to the merchant, who then collects it for the next process.
    • After that, the merchant selects the program on the terminal or POS system, inputs clerk ID, and then swipes the gift card through the terminal.
    • Next, the merchant keys in the amount for the card.
    • The terminal then processes the transaction to add the money to the card.
    • The merchant then prints a receipt showing the card balance and hands it to the customer.

    Transfer Visa Gift Card To Bank Account Venmo

    Can I transfer money from a gift card to my bank account?

    You can transfer visa gift cards to a bank account using Venmo. Venmo is somewhat similar to PayPal and you can put your card balance in your Venmo account.

    Get started with transfer by

  • Open a Venmo account for yourself
  • Youd see the Add gift card option. Click on it.
  • Put in your payment and bank details and send. And your transfer would be done.
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    Enter The Amount Of Gold You Want To Buy

    There are several options of transfer which is either by downloading a square reader or using moneygram. Enter the amount to transfer to your bank account. Select your bank from a list. Most people transfer money from their card to the bank is by using a square. Doing so can easily transfer the balance to your bank account. Amazon.com gift cards cant be transferred to another account once the claim code has been redeemed.

    First of all download augmont app fro play store by clicking here. Log back into your paypal account after the money has been transferred to your bank account. Sign into amazon, click on your account, click on gift cards, and click on the reload your balance button . First of all download augmont app fro play store by clicking here. Here is how you can transfer your amazon pay balance to bank account using cansell:

    Here is how you can transfer your amazon pay balance to bank account using cansell: Enter the amount to transfer to your bank account. Hence, always check carefully before you transfer your money to these apps. If you have a nice, shiny visa gift card burning a hole in your pocket, you might want to transfer the money into your bank account for your own convenience. Unlike most prepaid cards, gift cards are disposable and can only be used until the balance reaches zero while most prepaid cards are reloadable and can be used indefinitely.

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