How To Turn A Vanilla Visa Gift Card Into Cash
Vanilla Visa Gift card is a prepaid card that you can purchase in amounts from $10 to $500.
This card is perfect as a gift for people when you are not sure what to buy them for a special occasion.
If you are wondering if theres a difference between a Vanilla Visa Gift card or any other Visa gift card, there isnt.
You can use any of the methods mentioned above to get the money off a gift card and into your hands.
Do Gift Cards Have The Routing And Account Numbers
Gift cards do not have routing and account numbers. Therefore, you cannot transfer money into the card unless you recharge at the merchant location. The numbers are present in other cards such as debit and credit cards.
You can transfer money using the routing and account numbers from your card account to another card of a different issuer. Even the transfer of funds from one bank to the other requires you to have the routing number of the banking institution and the account number of the recipient.
Are There Any Other Times When I Will Be Charged High Fees For Money Transfers
If you use our credit card to pay for things while interest charges will apply, that could later be used as cash. For example, you are purchasing foreign currency from a bureau de change or gambling tokens at a casino. Besides, if you would like to transfer money from your credit card to your debit card, at the same time, a money transfer credit card will support you avoid paying additional interest and penalty fees.
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What Is A Visa Gift Card
A Visa gift card is a prepaid card loaded with a specific amount of money for the purpose of multiple purchases for as long as funds remains in the card, and for the benefit of controlling sending.
It is convenient to use, can be used all over the world, and can be used even without a bank account. Simply request a card, provide the money to be loaded on to it and it is ready to use.
How Can I Get Money Off My Walmart Gift Card
Gameflip is the safest way to sell Walmart gift cards for cash. Gameflip is the simplest way to sell unwanted Walmart gift cards for cash. You can sell any unused, prepaid and non-reloadable gift cards on Gameflip. Popular gift cards on Gameflip are Steam cards, PSN, Xbox Live, Amazon, iTunes, and Google Play cards.
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How To Transfer Money From Visa Gift Card To Bank Account
A gift card is a type of payment card you can exchange for a specified amount of money to buy goods or services from a specific business. The card is given as a gift, and that is why it is called a gift card. You can employ a few tactics and avail money in a gift card to your bank account. I will explain how to transfer money from a visa gift card to a bank account.
One drawback of a gift card is that it is not that secure. If you ever lose a gift card while on your way to the shopping center, someone else can collect the card and use it for various transactions. Again, a gift card is not like a credit, debit, or prepaid card that you can use anywhere you want. Most of them are store-specific, meaning that you cannot use them anywhere else.
When Should You Transfer Money From Your Credit Card To Your Bank Account
Whenever an individual is strapped for cash and must pay an expense out of their bank account or by cash, they should use a money transfer from their credit card to their bank account. Obviously, if the expense can be put on a credit card then a cash advance would be redundant. Some examples of this scenario include:
- Payment of a utility bill
- Home repair
- Car repair
Keep in mind that cash advances are typically limited to a few hundred dollars. In addition, you need to have enough space on your credit card to support the full cash advance you want to complete. If you require more cash to pay the expense at hand, you might need to explore other options.
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You Can Move Money From Account To Account
Using Greendot, you can quickly transfer money anywhere in the united states that are from your Greendot account to another Green dot account card user. When you want to transfer money from one debit card to another, all you need is your friends email address or mobile number.
The recipient can start using the money immediately the minute they accept it. On the other hand, you can add to your balance by depositing money from another account into your Greendot account by a few minutes.
How To Transfer Money To Your Bank Account From A Visa Gift Card
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. This way, you won’t have to worry about carrying an extra piece of plastic in your wallet until you’ve gone through its full balance. But shifting the balance to your bank account isn’t as easy as simply moving the funds from one place to another. The good news is that there are several options, some of which will cost nothing more than a few minutes of your time.
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How Do Gift Cards Work
You can use a gift card at a store just like you can use a debit or credit card. You only need to swipe over the POS machine or use it with the traditional credit card terminals, and you are good to go. You will deduct the amount you spend from your overall balance to pay for purchasing a good or service.
Gift cards are specifically for buying goods and services, and it can be challenging to use them to transfer money, unlike debit and prepaid cards that you can transfer money from one card to another. Once the card balance is over, the card becomes useless, and you can destroy it.
Some gift cards are reloadable, and you can use them over and over again. Generally, the process below is helpful when redeeming a gift card. Have a look.
- You present the gift card for payment of goods or services.
- Merchant chooses a program on a terminal or POS system.
- Next, the merchant inputs the clerk ID and swipes the gift card through the terminal.
- After that, the merchant keys in the amount to redeem your card.
- The terminal processes the transaction and subtracts the amount from the cardâs balance.
- With the help of a printer, the cashier prints you a receipt to show the customer the balance.
- The cashier hands the card back to the customer, and the transaction is complete.
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.
Also Check: How Do Visa Gift Cards Work
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.
Buy Discounted Gift Cards With Your Visa Gift Card
Another smart tip to get cash from a Visa gift card is to use it to buy other gift cards, for a discounted value.
If there is a retail shop or service that you frequent, you can use your Visa gift card to purchase a gift card specific to this place. Since this merchant is a part of your routine, utilizing a gift card there is as good as the money itself.
That being said, most places accept Visa gift cards. After all, it can be used with similar flexibility to the actual Visa card except for instances of recurring payments, for obvious reasons.
Already, by using your Visa gift card to cover one of your habitual expenses you have turned your Visa gift card into cash. What about if you up it a notch and look online for gift card deals at a discounted value?
If you purchase a Walmart or gift card that is on a promotionally discounted value, using your Visa gift card, you would gain the cash equivalent value of the discount.
Promotions can be up to 20% off the value of the gift cards sometimes. Therefore, by using your Visa gift card to buy another vendors gift card with a discounted value, you have not only mastered the art of how to turn Visa gift cards into cash but made money on top of it.
Lets pause for a few seconds while you piece the fragments of your blown mind back together
Not only do you get to turn Visa gift cards into cash by simply shopping at your usual outlets, but do it like a pro and make a few extra dollars along the way.
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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 Transfer Amazon Balance To Other Accounts Using Zingoy
Zingoy is a free 2-in-1 app for cashback and gift cards. With the Zingoy app, users can earn cashback on online shopping and buy and sell gift cards too. Be it cashback on mobile recharge, food, groceries or baby care products, the Zingoy app brings you cashback from over 400+ stores.
The Zingoy app also provides a bustling platform where you can buy gift cards from more than 200 brands, merchants as well as other users and where you can sell your own unused gift cards to other users.
Here is how you can transfer Amazon Pay balance to other accounts using Zingoy:
Read Also: Where Can You Use A Best Buy Gift Card
How To Cash In A Gift Card
One of the fastest ways to do this is online by selling it on one of the few very well known platforms.
We have tried and tested two platforms:
- Gift Card Granny
- Gift Cash
Both of these are very legitimate platforms. They work by giving you an offer in cash for your gift card. The offer will depend on your gift card balance and merchant.
If you accept the offer, they will process your payment and send you cash.
Obviously, you are going to lose a little bit of money doing it this way none of these platforms will offer the full amount for your visa gift card.
However, this is definitely the fastest way to do it, so if thats your priority, make sure you consider the platforms we mentioned above.
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How Do I Turn My Vanilla Visa Gift Card Into Cash
The Vanilla gift card is a Visa prepaid gift card that is available for purchase in amounts from $10 to $500. Its great for special occasions and a great gift to give to people if you arent sure what to get them for an occasion.
Similar to a regular Visa gift card, if you are looking to convert a Vanilla Visa gift card to cash, you can use all the options recommended in this post to get started. So even though you cant get money directly from a Visa Vanilla gift card, you can use the options in this post.
Can You Transfer Money From Visa Gift Card To Bank Account
We have not found a legitimate way to transfer money from a visa gift card directly to a bank account.
However, Paypal gives you an option of adding prepaid cards, and through them, you can load your Visa gift card.
Then, you can transfer the money from Paypal to your bank account.
Its an extra bit of hassle, and it will require you to register on Paypal , but youll be able to get your full amount that you can use for something else.
Read Also: Where I Can Sell Gift Cards
To Advance Or Not To Advance
Cash advances have their uses, especially if youre in a pinch for cash and dont have any other options available to you. Although, the convenience of a cash advance comes with a fee that should be avoided if possible. To make the best decision, consider your banks fees and the cost of other alternatives.
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How Can I Load A Greendot Card With A Credit Card
The GreenDot card is like a debit card that may be applied like a credit card other credit cards are acquired. A GreenDot card is affiliated with a MasterCard or VISA and is an excellent way to rebuild damaged credit. There must be adequate money loaded onto the users GreenDot account to cover the transaction and any transaction fees to do a Green Dot card.
This kind of prepaid card avoids overdrafts and defines the user from going into debt. There are some plans to reload your Green Dot card, making it a very comfortable card to use.
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Add It To Your Paypal Wallet
PayPal lets you add prepaid cards, including Via gift cards, to your PayPal wallet. What this means is that youre then able to treat the balance like cash, by using it to purchase things from any merchant that accepts PayPal which is most major ones, these days.
How can I get money off of a gift card through PayPal?
To get money from a Visa gift card to PayPal accounts, just do the following:
Theres a chance that you may get an error when trying to do this. If that happens to you, you may have to first register the card with the issuer so an address is linked to the Visa gift card. After that, PayPal should have no problem accepting it.
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