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How Do I Turn My Gift Card Into Cash

What Can I Buy With A $50 Gift Card

How To Turn Gift Cards Into Cash Tutorial

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Give Out The Visa Gift Card As A Gift

Sometimes, you may be required to give a gift to a friend or a family member for special occasions such as weddings.

Since the prepaid Visa gift cards are usually bought in denominations of $100, $200 or $500, it can be an excellent gift and will essentially serve as cash.

Instead of giving a check, a Visa gift card is just as good.

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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.

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Whats An Even Easier Way To Check Your Gift Card Balance

We offer a two-step method for checking your Target gift card balance. Forget about dealing with Target customer service or navigating their website.

Here is how it works:

  • Upload photos of your gift card from the front and back
  • We will contact Target on your behalf to check how much money there is left.

    Pay Your Bills With Your Visa Gift Card

    3 Ways To Turn Your Unwanted Gift Cards Into Cold Hard ...

    Using your gift card to pay a bill is exactly the same as converting your Visa gift cards to cash although youll never actually get to see the money.

    Just remember that because the Visa gift card is treated the same as a credit card, youll also incur any credit card fees, so make sure you do the math to confirm that its worth it.

    How do you liquidate a Visa gift card by paying bills?

    This can be done with any billing provider that accepts Visa credit cards for bill payments, as the Visa gift cards are treated exactly the same.

    Not every single company will allow this, but youll almost certainly be able to use your card in this way for things like topping up your phone credit, buying groceries and gas or renewing your subscription at the local yoga studio.

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    Also Check: How To Purchase Online With Visa 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.

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    Does Coinstar Buy Gift Cards 2021

    In the past, they used to own and operate a separate kiosk that would accept gift cards and give cash-back but they currently no longer offer this option. Since they no longer offer a way to accept gift cards you can only find Coinstar kiosks. At those kiosks, you can turn your coins into actual cash.

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    Exchange It Online For One You Do Want

    Timm Walsh, board chair emeritus of the Retail Gift Card Association, says that more often than not, gift givers wont let you down. But if they do, consumers have a few options when theyre left with a card they dont want.

    Now were seeing these exchange sites that you can actually go and swap it out for another card that you might find value in or have more of an appeal for, Walsh says.

    Gift card exchange sites are just that websites where consumers can buy and sell gift cards. You can list your unwanted or partially used gift card for sale or shop for a discounted card from someone else. At CardCash, gift cards can be purchased at a discount or sold for up to 92% cash back.

    Selling, exchanging or purchasing a card is convenient, but you should always read up on a site before transacting. Some ads from private sellers on sites like Craigslist promise fully loaded cards and deliver empty or mostly used ones instead.

    Walsh says its essential to look for a post-purchase guarantee to ensure cards are legitimate. Online shopper Michael LaGarde Jr. from Louisiana knows that firsthand. He says he uses gift card exchange sites frequently, and when he once received a card that didnt work, the exchange site thankfully had a guarantee. It refunded his purchase within 48 hours.

    Selling Your Gift Card Online

    How to turn unused gift cards into cash

    Selling your card online will require you to be patient and willing to accept only a percentage of your remaining balance. Heres how you can do it:

    • Find a reseller websiteWhen searching for a reseller website, be wary of amateurish-looking ones. Dont forget to do proper research before selling your gift card
    • List your gift card on a marketplaceMany online platforms such as Reddit, eBay, and Facebook have marketplaces for gift cards. List your card for sale and wait for a potential buyer

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    Proven Ways To Convert Visa Gifts Card To Cash

    While its true that you cant simply go to an ATM and withdraw money from a gift card, there are still several ways on how to get cash from a Visa gift card.

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  • Perhaps you earned the gift card through survey sites and rewards programs, someone gave it to you last Christmas, or maybe you bought it yourself as part of a promotion. But this time, for whatever reason, you just want to have cold hard cash.

    Again, if thats the case, Ill be sharing some tested and proven ways on how to cash out Visa gift cards.

    Simple Ways To Convert Visa Gift Cards To Cash

    You might be interested in ways to turn Visa gift cards into cash, but first, youll need to get your hands on some. It turns out its not so hard by using these free apps and sites:

    Its simple to get some free Visa gift cards, but you need to know how to liquidate these Visa gift cards.

    These are the best ways to do it.

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    Where Can I Sell Unused Gift Cards

    You can sell gift cards for cash online and in person.

    Selling your gift card in person is the fastest way to get cash, but that doesnt mean its the most lucrative. GiftCardBin has hundreds of partners around the U.S. that offer cash for gift cards. The slower and more lucrative way to sell gift cards is online, and you can earn up to 92% of the gift cards value in cash by using one of the gift card exchanges mentioned above.

    Use Your Gift Card To Buy A Money Order

    How to Turn Unwanted Gift Cards Into Cash

    There are stores, including Walmart and several grocery stores that allow the purchase of money orders using your gift card, but the availability of this offer varies per region. Once done, the money order can then be deposited into your bank account and be used as cash.

    However, you should not overdo this because some banks shut down accounts with too many money order deposits.

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    Many Ways To Sell Gift Cards For Cash

    There are many ways to sell gift cards for cash. The most common way is to sell a gift card online to a gift card reseller that buys the unwanted gift card, sends payment to the seller and then resells the gift card to another customer. In addition to true resellers, there are also online sites that match gift card sellers up with gift card buyers, facilitating transactions without actually touching the cards.

    One of the benefits of selling your gift card to an online reseller is that the cash back offer will generally be higher than any other method. The one drawback to using these sites, however, is that youll generally have to wait for payment to arrive. Depending on the reseller and payment method selected, you might wait a couple of days for a PayPal deposit or a few days for a check to arrive in the mail. Because the cashback offer is so good, however, I think online resellers are the best choice when you dont mind waiting to get your money.

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

    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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    Is A Visa Gift Card Considered A Debit Card

    A Visa gift card works like a debit or credit card, in the sense that its accepted at most places that take Visa. And there is protection if the card is lost or stolen. These cards cannot be reloaded, but they are good for small amounts of money that you want to keep secure. There is a caveat, though.

    How can I get cash from a prepaid Visa card? How To Withdraw Money From A Prepaid Card? 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

    How To Turn Visa Gift Card Into Cash

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

    Advertising Disclosure

    If you have a Visa gift card in your possession for whatever reason it may be, you may be looking for way to turn it into cash and asking yourself, Can I get cash back from a Visa Gift Card?

    A Visa gift card is almost as good as cash as its accepted almost everywhere, but sometimes, its nicer to hand cash in hand for other reasons. I get it.

    Converting your Visa gift card into cash can be done, but you have to know how to do it because it isnt as easy as going to the bank and asking for the cash. These gift cards dont work like that, unfortunately.

    While there are a variety of ways to do so, the terms will vary for each. The good news is that you can get cash for every strategy I mention, but one method may be easier for you than it is for me. Ill leave it up to you to decide which strategy works best for you.

    So, with all of that being said, lets take a look at how you can turn a visa gift card into cash almost immediately.

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    Tips On How To Sell Gift Cards

    Have the following in mind when you sell gift cards instantly.

    • Sell gift card online instantly instead of physically to avoid shipping costs.
    • It is also possible to sell gift cards online instantly that are partially used and if possible, opt to trade a gift card instead of selling it.
    • Finally, since gift cards do not have expiry dates, you can wait to sell it at your preferred price.

    Where Can I Sell Gift Cards Instantly

    17 Best Places to Sell Gift Cards For CashGiftCardBin. Sellers here have the option of either selling gift cards online or in-store for instant cash by visiting any of their 400 partner locations in the US & Canada. QuickcashMI. Monstergiftcard. Raise. Gift Card Granny. CardKangaroo. SellMeGiftCard. EJgiftcards.More items

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    How To Use A Resale Site

    As mentioned, the resale site will buy a gift card from you for a percentage that reflects the popularity of the card. Thats because the resale site buys the card from you and sells it to someone else if people arent too hungry for Sephora gift cards, you likely wont get offered much.

    The process starts with you inputting the dollar amount and provenance of the card, at which point, youll receive a notice telling you what your card is worth, and depending on the site, you might also be offered a better deal for another gift card. For example, a $50 Home Depot gift card will earn you $42.50 in cash on CardSwap, or you could opt for a $45 Esso gift card instead of the money.

    If you choose to accept the offer, you will be required to fill in all the information of the gift card, like the serial number and PIN, mail it in and wait a couple of days to receive a cheque in the mail.

    Bear in mind, however, that if your gift card is worth less than $25, you wont be able to use most of these sites.

    People are not interested in buying a $5 or $10 gift card, Ho says.

    Where Can I Sell My Amazon Gift Card For Cash

    5 Things to Do with Unwanted Gift Cards

    List of 25 Ways to Sell Amazon Gift Cards for CashRaise.com. This online marketplace is one of the most popular options to exchange amazon gift cards for cash of any brand. Cardpool.com. GiftCardGranny.com. Gameflip.com. GiftCardBin.com. CardKangaroo.com. GiftCardSpread.com. CardCash.com.More items

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    How To Get Cash Back From A Gift Card Vendor

    Many gift card vendors tell you that they will not exchange your gift card for cash except where required by law.

    This refers to legislation in 11 states and Puerto Rico that forces vendors to give you cash for the value remaining on your gift card. The amount they have to reimburse is limited to:

    • $5 in most states
    • $3 in Connecticut
    • $1 in Rhode Island and Vermont

    This is great news if you live in one of those states, but you will still have to:

  • Go to the store, outlet, or restaurant where the card was issued
  • Explain the law to the cashier or staff member
  • Buying Products To Resell

    I know youve probably heard about this method, but if you havent, here is how it goes.

    The technique not only offers you a chance to get cash out of your Visa gift card, but you can also make some extra money. In essence, its about taking advantage of great deals.

    Platforms like PayPal allow you to pay for products through prepaid gift cards, and various retailers accept online payments.

    Therefore, you can make an online or in-store purchase using Visa gift cards through PayPal.

    If you spot a deal that is ideal for a product you can buy, you can do so and then resell the product at a profit or at a breakeven price to get your cash.

    This can be a great option if you are able to get cheap deals for useful products that you can later resell.

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