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HomeTrendingCan You Get A Visa Gift Card With Cash

Can You Get A Visa Gift Card With Cash

What Prepaid Cards Work With Cash App

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

What prepaid cards work with cash app? Cash App works with most of the government-enabled prepaid cards along with the debit and credit cards as long as theyre from Visa, American Express, Mastercard, or Discover and registered in your name.

However, it is best suited to use a traditional bank-issued debit or credit card.

Should You Liquidate Your Gift Card

When deciding whether or not to liquidate your Visa or Mastercard gift cards there are some factors to consider. First the pros of liquidation:

  • You have the cash in your hand or bank account
  • The full amount of the gift card can be used once exchanged for cash, after all, how often do you end up with a gift card with a few dollars left on it that never gets used?
  • Once you have the cash you can use it for whatever you need such as paying off debts, investing, or adding to a savings account or emergency fund
  • Cards often have expiry dates or may charge a fee if not used within a certain timeframe, once converted to cash you dont have to worry about this as cash doesnt expire

The pros of liquidating a gift card usually outweigh the cons. Sometimes keeping a gift card is best though. Here are the cons of liquidating a Visa or Mastercard gift card to help you make a balanced decision:

  • You get to spend the full balance as liquidating can mean losing part of the balance due to fees and other related costs
  • Can be time-consuming to find a workable liquidation solution

In the next section, you can read about some of the best ways to convert a gift card to cash. This will also highlight that sometimes you can lose out on the value of a gift card. Reasons for this include either having to pay a flat fee to convert the card or only receiving a percentage of the gift card value in return for exchange.

Can You Get Cash From A Vanilla Visa Gift Card

The short answer is not exactly, but the longer answer is it depends on the method you use. Vanilla Visa gift cards are the more popular choice for consumers since its easy to use.

There is a difference between a Vanilla gift card and a prepaid reloadable one. The former cannot get cashback from local ATMs, while the latter does.

What you can do is use a Vanilla card to transfer to PayPal or Venmo. Remember they take any prepaid card from Visa, which includes these gift cards.

You can always check the balance to make sure everything is correct. Its as good a method as any to ensure you can cash from a gift card without having to use the gift card itself.

You can also use exchange kiosks, although these might be in rare locations. The kiosks do take a fair amount of money from the fees, but they are the easiest method to get your cashback from the gift cards.

If you can find any nearby grocery store with this machine, I highly recommend doing so. Its arguably one of the most dependable methods to transfer any Visa gift card to cash.

You can even sell to any merchant in the local market but beware of transaction fees. If you plan on selling a smaller card, the costs dont really add up to anything noticeable.

Visa gift cards with more considerable sums lose a good chunk through fees, so be careful when you consider this option. These fees vary depending on the vendors themselves. If they are too expensive, I suggest not going through with it and choosing another method.

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Can You Buy Gift Cards With A Credit Card

There are many reasons people wind up buying gift cards with a credit card, including for the sake of convenience. If you’re buying groceries at the supermarket, then why not add a needed gift card to your cart?

Aside from random gift card purchases for birthdays or teacher gifts, some people also go out of their way to buy gift cards with a credit card, usually to earn rewards or save money on a specific purchase.

“Can I buy a gift card with a credit card?” is a common question among consumers, and you should know the answer is a resounding yes. With that being said, you should make sure you understand the pros and cons, along with the potential pitfalls, before you do so.

Use Your Visa Gift Cards To Buy And Resell Items For Cash

Can you put money back on a visa gift card

This method requires a bit more ingenuity and a few extra steps, but it can be worth it if you have a sales spirit.

Basically, you can use your Visa gift card to purchase items on sale at lower prices and list them on platforms like eBay, craigslist, or even your social media account for sale.

For instance, if you find a sale on wireless earbuds worth $80 going for $40, you can use your gift card to make the purchase and resell it for $60.

You end up getting $20 more than you spent, and youve successfully converted a portion of your gift card into cash.

This works really well if you have a knack for finding the best deals, promotions, and discounts on items.

Whats more, some online payment sites like PayPal allow you to make purchases using your prepaid gift card even without having an account, making it less of a headache when its time to make a purchase.

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Link Visa Gift Card To Your Paypal Wallet

PayPal allows you to link your Visa gift card to your account just like a credit card or debit card and use it at checkout.

Whats even better is that you can transfer your funds to your PayPal-linked bank account, essentially getting cash out of the card.

So, how do you link your visa gift card to your PayPal wallet? Simple. Log in to your PayPal account and click on the Wallet tab followed by Link a card on the next page.

Itll open a form where you fill in the card details.

You may have to register your billing address with the card issuer in case of an error message when trying to link the card to your wallet, but thats about it. The process should be straightforward.

Withdrawing the funds to your bank account is free for a standard transfer that takes one to three business days which is great if you dont mind the wait.

If youd like to speed up the process, you can opt for an instant transfer that attracts a 1% fee, calculated from the withdrawal value.

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:

  • Log in to your PayPal account.
  • Select the Wallet option at the top of the page
  • There should be an option on the left to Link a card or bank. Youll be able to find this under any existing cards or banks you have linked. Click this and continue through the prompts.
  • When you get to the point where PayPal asks you for the relevant information, add your Visa gift card details. Then click Link Card.
  • 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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    Also Check: Mcdonalds Gift Card App

    Want To Get A Visa Gift Card

    A smart gift anyone can appreciate.

    The Visa Gift card is an ideal choice for birthdays, holidays, weddings, and suits all your gift-giving needs. It’s also perfect for people of all ages. You decide how much money to give they decide where to spend it.

    You will receive important information regarding the Visa Gift card such as how to activate and use the card. This information should be given to the recipient of the card.

    Sell Your Visa Gift Card Through An App

    Turn Your Visa Gift Card Into Cash 2017

    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%.

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    Gift Cards Into Cash Final Thoughts

    Visa and Mastercard gift cards can be used in a lot of ways either in-stores or online. If you have a gift card or more than one, then they can be redeemed anywhere that has the Visa or Mastercard logo.

    Having lots of gift card balances might sound good but often converting to cash is better. Why? One reason is that you could lose the gift card balance if you havent used it in time. Having cash is preferable for many people as it can be used for anything you like. Cash can be used to pay debts, add to investment portfolios, or put into a savings account.

    Another great reason to convert to cash is that it is easier to monitor your total wealth. This can be invaluable for people striving to live a frugal lifestyle as knowing exactly how much you have at all times is a big part of planning a healthier financial life.

    When converting gift cards remember to check for any fees that may apply. If a fee is involved factor this into your decision when deciding how to liquidate Visa gift cards. When you have the time always go for the option that gives you the biggest return.

    If one of the methods listed above stops working, dont panic! You have 10 others that will allow you to convert the gift cards to cash.

    In most cases, you can have the money quickly and be free to use it for whatever you need. Simply make a choice and get started!

    Related:

    What Is A Prepaid Card

    Prepaid cards are technically a type of debit card. Issued by a financial institution or credit card companyVisa, MasterCard, and Discover all offer themthey are deposited or “loaded” with a certain amount of money. They then can be used in person or online to purchase items or pay bills. They can also be used at ATMs to withdraw cash.

    Just like regular credit cards, prepaid credit cards have a number and an expiration date printed on the front or back, and they generally can be used in the same places. The amount of money deposited or “loaded” onto the card represents the card’s credit limitthat is, how much can be charged on it. Once the balance on the card had been exhausted, the card is worthless, unless more funds are deposited on it. In fact, a prepaid debit card can be used repeatedly, so long as the cardholder keeps adding money to the card. It may carry a monthly fee, however.

    Although the terms are often used interchangeably, these prepaid cards are not the same as prepaid credit cards. Requiring an application, a credit check, and approval from the issuer, a prepaid credit card functions like a regular : the cardholder can maintain an outstanding balance, receives monthly statements, etc. The key difference is that approval for the card is contingent on a security depositcollateral for the issuer, in case the cardholder falls delinquent in their payments.

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    How To Use A Visa Gift Card On Amazon

    There are many reasons why you would like to use your Visa Gift Card on Amazon.

    • Visa gift card balance is really low
    • Dont want to wait to get cash from a Visa gift card
    • Found the perfect gift for yourself

    Here are the 6 steps you need to follow in order to use a Visa gift card on Amazon.

  • Go to the Reload Your Balance page on Amazon
  • In the custom amount field, enter the balance of your Visa gift card
  • Dont forget to sign in to your Amazon account if it is not already done
  • In the Choose a payment method section, click on Add a credit card link
  • Before clicking on Add your card, enter all the information you need from your Visa gift card
  • Select the new credit card that you just added and click on Place your order
  • Getting Cash Back From A Visa Gift Card

    Can You Get Cash At ATM With Walmart Visa Gift Card  ...

    Yes, conveniently there are some ways that you can get cash for your Visa gift card and we will go through them today. By now, you probably already know that there are a handful of ways to get your hands on Visa gift cards for basically free:

    • SurveyJunkie: Is known as the #1 paid survey site. Take paid surveys anytime and anywhere via PC, Laptop, Tablet, or Cell Phone. Join SurveyJunkie Now
    • Nielsen: Will pay you $50 a year to keep their app on your favorite internet-browsing device.

    Then, you can convert them to cash using the methods below:

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    Types Of Visa Gift Cards

    Visa offers seven different gift cards, each of which you can buy on their main website. These are similar to a Visa debit card in that you can transfer money onto individual cards.

    You use these instead of cash just like you would a debit or credit card, but you dont have to link the card to your bank account. A Visa gift card is already preloaded with money.

    Once you buy the gift card, you must determine the amount the maximum tends to be around $500.

    Keep in mind third parties provide you more specific information on these gift cards Visa works directly with these companies.

    The Visa gift cards available are as follows:

    • Vanilla Gift Card
    • Navy Federal Credit Union
    • PerfectGift.com

    The Vanilla Gift Card is one of the most common ones. You can use this card for non-contact transactions, which include orders over a website, phone, and mail.

    The card only works with any store that accepts Visa cards, mainly based in the United States.

    How To Get The Most Out Of Visa Gift Cards

    How To Save On Your Visa Gift Card Activation Fee?

    There are no ways to avoid paying activation fees when purchasing a Visa gift card. But, you can still save a few bucks by reducing the cost of these fees.

    So take a look at the following ways you can use to save on activation fees, and the good news is that you can combine them.

    Save $1.01 On The Activation Fee

    Looking at the Fees section above, you might have already figured out this method. So make sure you dont pay an additional $1 in activation fees to get an extra $0.01 on your Visa gift card balance.

    For example, if you want a balance of $150, by purchasing a $149.99 card, your Visa gift card activation fee will be $3.95 instead of $4.95.

    Physical vs. Virtual Visa Gift Card

    You can save money on the activation fees if you buy the more efficient Visa gift card type for the balance you put on your card.

    For a Visa gift card balance lower than $250, the activation fee will be lower if you purchase the physical Visa gift card.

    For a Visa gift card balance higher than $350, the activation fee will be lower if you purchase the virtual Visa gift card.

    Also Check: How Do Visa Gift Cards Work

    Video Transcript: Visa Gift Cards How They Work

    Hi, Im Shelley Hunter, Gift Card Girlfriend here at Gift Cards.com, and heres what I love the most about Visa gift cardsthey can be used anywhere in the U.S. Visa debit cards are acceptedwhich to me, means pretty much everywhere. From little mom and pop restaurants to national retailers, if a Visa debit card is accepted, then the gift card will be too.

    Heres a tip

  • Taking the time to make a personalized Visa gift card turns an ordinary gift card into a thoughtful gift. For example, if youre buying a gift card for the coach, upload a picture of the entire team or just an action shot of his son swinging the bat. If youre buying a gift card for your mom, choose a picture of the grandkids or get out the old photo albums and scan a photo of mom in her poodle skirt and beehive hairdo from the 50s. If youre ordering a gift card for a couple of newlyweds, select a picture from their wedding or a photo from when they first started dating. You get the picture. Be creative and think outside of the gift card box.
  • Social media is a great place to find unique photos that you can turn into gift cards. People often post their selfies, pictures of recent accomplishments and throwback photos that would all make some pretty terrific gift cards.
  • And 3, If you dont have time to upload a photo, select from hundreds of our predesigned gift cards instead. Simply choose a design you like, add a custom embossed name and message and complete your order.
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