How To Activate Visa Gift Card
Prepaid Cards Vs Gift Cards: An Overview
Prepaid cards and gift cards are both pieces of plastic that can be used to make purchases. They make popular presents as well: A versatile way to give a recipient the funds to buy whatever they like that seems safer and a touch classier than a wad of cash, and more convenient than a personal check. The biggest difference between the two reflects their permanence: prepaid cards can be reloaded and used indefinitely, while gift cards can generally only be used until the dollar amount on them is exhausted.
How To Reload Pin
You May Like: How Much Is On My Home Depot Gift Card
How Do Gift Cards Work
A gift card resembles a credit or debit card since it is plastic in nature. They have specific numbers that identify the cards. Anybody can use it since most do not link to a particular person.
Most cards have no PIN, and if you lose one, it is the same as losing real money. Someone else can use it if they collect it. However, Visa and Mastercard gift cards have been using PIN since 2013.
Some gift cards are only useful for one-time payments, while others are reloadable. Reloadable cards are almost similar to prepaid debit cards and can allow you to transfer money using the routing number and account number to a bank account. This means that you do not have to lock yourself to buy goods only.
When buying goods with you, the merchants use the on-line electronic system for authorization to deduct the amount you have spent when shopping. These include a serial number, barcode, or magnetic strip. While some gift cards will only allow you to buy at specific stores, cards from banks allow you to purchase from any store that accepts them.
For instance, Giftcards issues Visa and MasterCard that can be used anywhere that accepts Visa and Mastercard.
Before being sold, most gift cards have no value. When buying, the seller now loads money on the cards depending on the amount you pay. However, some cards have a set value, and once you receive them, you have to call a given number to activate them.
How Do I Use My Vanilla Prepaid Card
You can purchase your Vanilla Prepaid card at any participating stores and gas stations. Once you have it, you can immediately activate the card the minute you make your first purchase. As with other Prepaid Cards, you are required to sign the back of the card when you buy it.
When you purchase an item online or in-store, just present your card at the time of payment. The card balance will reduce according to the amount of purchase . You can use your card in combination with a second payment method in the event the cost of your purchase item exceeds the balance on your card.
Vanilla Prepaid cards can be used outside Canada too, anywhere Mastercard or Visa is accepted which is a big plus when compared to a debit card. Just keep in mind that there is a 2.5% foreign exchange fee, but that’s standard for most credit cards as well.
Recommended Reading: Where Can You Get Airbnb Gift Cards
Can You Add More Money To A Vanilla Visa Gift Card
Two Easy Ways to Load Funds Bring your funds to a location near you to purchase a Vanilla Reload* found in the Reloadable Prepaid Card section of the display. Load your prepaid card or online account using the secure PIN on the back of the Vanilla Reload by calling 1-877-429-8140 or by visiting VanillaReload.com.
Sell Your Visa Gift Card Through An App
Another option is to sell your Visa gift card on various apps that will buy it from you in order to resell it.
While this can be a quick way to convert your Visa gift cards to cash, the fees are really steep so this should probably only be your last option if the others arent possible for some reason.
For example, Raise has an app that does this for both iOS and Android, although theyll take 15% commission for doing this. Ouch.
A similar one is Prepaid2Cash, another site that has an app for iOS and Android in order to trade in your Visa gift cards for cash. This one works slightly differently, in that:
- First you tell them the brand of the gift card
- They then send you an offer through the app for the card
- You have no obligation to accept this offer but once you do, theyll deposit it into your account in up to five business days
This means that the fees they charge are incorporated into the offer, so its not entirely transparent. They state, however, that the offer will be up to 92% of the card balance, meaning the fees are at least 8%.
Also Check: What Stores Carry Sephora Gift Cards
What Are The Advantages Of The Onevanilla Card
With MyVanilla, you will have more money managing options available, managing the usage of money will be in your hand, and a link directly to your account at your fingertips.
The Canada Post Prepaid Visa
The Canada Post Visa Prepaid Card is a prepaid card which you can use globally in any country that accepts VISA cards as electronic payments for online and offline transactions. You can also use ATM facilities anywhere in the world. Like the CIBC prepaid cards, this card is ideal if you are travelling and dont want to carry cash.
With this card, you:
- Dont need a credit check
- Dont need a bank account
- Can reload it at any time, as often as youd like
- It comes with purchase security insurance and an extended manufacturers warranty
The main downside to this card is its maintenance fee which is $3.00 and the reload fee which is $3.00.
You May Like: What Can I Use Google Play Gift Card For
Convert Your Visa Gift Card To Cash By Selling It To A Website
There are plenty of websites that will pay cash for your Visa gift card. In addition to the ones mentioned above that have apps for this, there are also others like Gift Card Granny, CardCash and more.
If your gift card is digital, then the process can be instantaneous. But even if you have a physical card, some of these sites will pay for your postage to send them the card, so you wont end up losing any money on that front.
Like with the apps, the sites will take a fee based on a percentage of the balance of the card, so make sure you know just how much this is before agreeing to the sale.
Also, it can be a good idea to do some searches for the site youre considering using, just to get the most up to date reviews on whether other people have had a good experience with them.
Can I sell a Visa gift card to other people?
You can definitely sell a Visa gift card to other people, but youre probably going to have to accept less money than the balance on the card to make it worth their while to buy it from you.
Sites like eBay or Craigslist will work perfectly for these kinds of arrangements. Make sure you keep in mind shipping costs if youre selling a physical card and, as always on these kinds of sites, keep an eye out for any scams. If something sounds too good to be true, it probably is.
What Is A Onevanilla Gift Card
Simply put, OneVanilla prepaid Visa card is a non-reloadable gift card that you can use for shopping, online purchases, paying for gas and even eating out.
Whats more, unlike standard prepaid cards, after the initial fee at the time of purchase, this card has no fees. No monthly deductions or transaction fees.
Maybe youre like me and hate unnecessarily sharing your private information or getting asked for a credit check? If so, thats another perk to OneVanilla cards, they have no such requirements.
Recommended Reading: How Do You Use An Uber Eats Gift Card
Turn Your Visa Gift Cards To Cash By Buying And Reselling Items
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.
Can You Add 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 PayPal members, you can simply add prepaid gift cards to your wallet then start using them during checkout just like any other credit or debit cards.
You May Like: Where To Buy Books A Million Gift Cards
Drawbacks To The Vanilla Prepaid Card
Both the Mastercard and the Visa versions of this gift card can be used to make shopping online easier. However, there are a few disadvantages to these cards:
- You cannot reload the card
- You cannot make pay-at-the-pump transactions
- You cannot use them to pay recurring bills
- You cannot use them to withdraw card from the ATM
- They cannot be refunded for cash back
- If your card is lost or stolen, you can only get a replacement if you have your card number written down or memorized.
- The card has low maximum balances. You will need to use this card with a combination of other payment methods if the purchase you are making exceeds the balance on your card.
How Do You Liquidate A Visa Gift Card
To get cash in your hand, sell them to friends or exchange it at a kiosk. Add the balance to PayPal or cash app and transfer it to your bank account. Sell the gift cards via apps such as Raise and once sold withdraw the balance to your bank account.
Read Also: Can You Pay With A Gift Card On Grubhub
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!
Benefits Of Vanilla Visa Gift Card On Amazon
There are many benefits of using a Visa gift card for purchases in an online shop. If you do not have any debit or credit cards it can be a very good alternative for payment. I am listing some of the key benefits of using a Vanilla Visa gift card.
- Saves extra cost, you can add the balance you only required for specific purchases. On the other hand, if you use a Visa or Mastercard, there is a chance of spending a higher amount as your balance is high.
- The card helps people to curb their spending in online transactions.
- If you are a teenager and do not know how to use a Visa card properly, this card will help you in practice.
- Visa gift cards have expiration dates, adding them on Amazon will avoid the risk of losing funds.
- The card is accepted anywhere
It is beneficial to use a Vanilla Visa card but also there are some consequences. If you want to register manually from their webpage, it takes more than 24 hours to activate. And there are some other complaints about the activation process too. But if you buy it from Walmart or other stores, then it wont bother you much.
Also Check: Can You Buy Victoria Secret Gift Cards Online
How To Utilize Onevanilla Card
From any shop, you can buy by utilizing One Vanilla card. To pay by using One Vanilla card, first of all, be certain that you have a sufficient amount in your account before you purchase. When you do any shopping, buy a Signature transaction. Choose Credit and sign the slip. Sign in to your online account to see all activities.
What Is The Vanilla Prepaid Card
The Vanilla Prepaid Card is a stored-value, prepaid card available in Mastercard or Visa options. It can be used anywhere Mastercard and Visa are accepted. With this card, you can purchase via mail order, point of sale retail, and online stores.
This card can be purchased at most grocery stores and gas stations in Canada. They also make for an ideal gift option.
This card is not a credit card, debit card, or a charge card, which means that its use will not affect your credit rating, neither for better nor for worse. You can use the Vanilla Prepaid Card on various locations worldwide, in-store and online. One drawback is that this prepaid card cannot be used at ATMs, nor will you get cash back from your purchases.
Also Check: Can You Buy Steam Gift Cards
How To Transfer A Gift Card Balance To A Bank Account
You may need the money and wondering how you can transfer your gift card balance to your bank account. That should not bother you as you can transfer your card balance to your bank account. Most people transfer money from their card to the bank is by using a square.
Square accepts Visa gift cards. You can follow the steps below to transfer funds from it to a bank account.
- Activate the gift card online or by calling the provided number.
- We are assuming that you have a Square account sign in with either android or iPhone.
- Link your bank account to square if not yet linked.
- Use a square card reader or enter the cards details manually. Card reader charges 2.75% while entering the card details costs you 3.5%+$0.15 transaction fee for a manual entry.
- When square accepts the card, your gift card balance will fall to zero.
- Square will then deposit the money in your bank account within the next two business days. Most transactions complete within a day.
Alternatively, you can add the card to your Venmo or PayPal account, transfer funds from the gift card to the Venmo or PayPal account, and then to your bank account linked to either Venmo or PayPal. Wait for 3-5 business days for the balance to reflect in your bank.
It would be nice to send money from a gift card to a debit card like you can transfer money from a debit card to another debit card, but such an option is currently unavailable.
How To Sign In Onevanilla
Also Check: How To Get A Free $25 Amazon Gift Card
Hack Away Small Balances
This gift card workaround is also a great way to get rid of a pesky small balance on a gift card. I recently found that I still had a Visa gift card in my mobile wallet with a balance of $4.09. Knowing it would be a challenge to use this exact amount online and would be more of a nuisance to use it in stores, I used the gift card to buy an for exactly $4.09. After completing the transaction, the arrived in my email within seconds. I then logged back into Amazon and applied the dollar amount to my Amazon account. The next time I make a purchase , Ill be able to apply that $4.09 credit to my bill. I would much rather take the time to do this than leave an unused balance on a gift card indefinitely. Using the money took a little effort. Not using it would have been a waste.
Over time, Im hoping online shopping carts will get more sophisticated and customers will have the option to split transactions into multiple forms of paymentperhaps paying half of the bill with a gift card, a quarter of the amount due with PayPal and the final balance with Bitcoin. But until that happens, a few gift card hacks will have to do.
Got any other gift card problems you cant solve? Let me know in the comments below or leave a message for .
Happy Gift Carding!