Three: Register Or Log
After finding out whether your prepaid card provider allows such a transaction, you can sign-up for an account or log in if you already have an account.
If you need to do registration, then you will need your prepaid card with you. After signing-up, you can use the log-in details for future transactions.
How To Share Money On Visa/mastercard Gift Card To Paypal
PayPal also accepts transferfrom Visa or Mastercard gift cards. These are versatile and quite different from store-specific cards like the ones you can buy from eBay, Amazon, or Walmart.
Needless to say, the process of transferring money is a bit different as well. Heres how it works.
Using bank account as mediator is a common way to exchange funds between different apps. The process is safe, quick, and easy to manage.
Is There A Gift Card In The Cash App
Cash App is one of the most famous payment applications available across the US. Besides storing money, you can also transfer the payment and receive funds quickly using the Cash App. Compared to many other well-known payments apps such as PayPal, Apple Pay, and Google Pay, Cash App is not behind in any term except Gift Cards. The Cash App does not have any Gift Cards. In simple words, you can say that the Cash App does not sell its gift card. Not only Gift Cards, but also there are no Prepaid Cards in Cash App.
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Other Ways To Turn Your Amazon Gift Cards Into Cash
There are other ways to turn your into cash.
These mostly cater for unused Amazon gift cards and include:
- Sell your Amazon gift card on a third-party gift card site like CardCash, CardPool, and Raise.
- Sell your gift card on Craigslist, Facebook groups, or at a gift card exchange forum.
- You can also donate your gift cards.
Use A Gift Card Exchange Kiosk
A gift card exchange kiosk is a dependable method to transfer Visa gift cards to cash. Look for machines within select grocery stores theyre often yellow machines that look like casino slots and make similar noises.
The system requires that you enter the card information, such as card number and expiration dates. Youre then given a choice to get a cash-back offer.
Once you accept, youll need to print the voucher and bring it to a nearby cashier. Thats usually all thats needed to do to get money through this method. If you have trouble with card swipes, ask for assistance.
Not all grocery stores dont have a gift card exchange kiosk so its best to do a search first so you dont waste your time. What I like about kiosks is its a faster way to turn Visa gift cards into cash.
Other methods take days before the transaction is complete. With kiosks, youll get your money almost instantly. Make sure you bring your identification just in case.
I should mention exchange kiosks do take a small chunk of your proceedings. If you dont plan on using that Visa card anyways, its a reasonable sacrifice to make. Dont accept the offer if you dont like it you can always cancel before the process is complete.
For more in-depth steps, check out this article that walks you through selling a gift card using an exchange kiosk.
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Can I Get A Virtual Card From Paypal
Yes, you can get a virtual card from PayPal through the PayPal key service. PayPal Key is a virtual card and a new way to use your PayPal account anywhere cards are accepted online. Your PayPal key can be used anywhere a MasterCard is accepted.
Heres how PayPal Key works:
Choose a payment method from your PayPal Wallet
Receive a secure PayPal Key with its own virtual card number, expiration date, and security code
Save the PayPal Key to your browser for faster checkout or use it as you would any card online
Take PayPal Key anywhere you shop online
PayPal Key is not a new credit card so theres no lengthy application or credit check. Plus, you wont pay any set-up or usage fees*. PayPal Key is your PayPal Wallet with greater flexibility.
*A foreign transaction fee applies to cross-border and cross-currency transactions. Usage fees charged by merchants or other entities besides PayPal may apply.
Can You Withdraw Cash From A Prepaid Visa
You can withdraw cash from a prepaid Visa, with the card being treated the same way as any Visa debit card. This means that you can use the prepaid Visa to make purchases online or in-person, make bill payments and withdraw cash.
Just keep in mind that a prepaid Visa is different from a Visa gift card, with the latter being more restricted in terms of how you use them. While a Visa gift card can be used the same way as a prepaid Visa when it comes to making purchases, its usually isnt possible to use a Visa gift card for ATM withdrawal or as cash back in a store.
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Can I Buy Something And Return It To Get Cash Back
Many people ask if they can just buy something using a gift card and then return it to get cash back. This round-about solution depends on the sophistication of the merchant point-of-sale system. Many stores have their transactions on lock-down where money given back to the consumer for merchandise returned is automatically credited back to the card used to pay for the item. Youll also get a merchandise credit if you return an item without a receipt. Though I understand some people have successfully returned products to get cash back, I cant guarantee youll have a similar experience. Stores are increasingly looking to prevent this type of transaction so I would say getting cash off your gift card in this manner wont be a solution for long.
How To Save On The Transfer Fee
If you are going to use this service regularly, you can save on fees by enrolling in the MoneyGram Plus Rewards.
With this program, you will save 20% on fees on your second transfer and 40% OFF on fees every fifth transfer.
If youre transferring a large amount, then taking advantage of the MoneyGram Plus Rewards program will save you lots of money!
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How To Move Funds From Bank Account To Paypal Account
With the Amazon gift card balance sitting safely in your bank account, you can now move the funds to your PayPal account:
Click on Continue and finally, Submit to get the transfer process underway.
You can also attach an Amazon gift card to a PayPal account and use it to pay for purchases with PayPal.
Heres how to do it:
- Go to the official PayPal website and log into your account.
- Click on Link a Debit or Credit Card. Youâll be presented with the option to link through a bank or manually. Select Link a Card Manually.
- Fill in your Amazon gift card details, including the brand, remaining balance, date of expected receipt of funds, and contact information.
- Make sure that the gift card information you submitted is correct before clicking Submit.
- Wait for PayPal to verify your application. If successful, you can use the gift card.
Note that by linking your Amazon gift card to PayPal, you donât get the funds in your PayPal account.
Rather, you get to use the gift card as you would any other debit card or credit card linked to your account to pay for purchases made through PayPal.
See our related article on How to Transfer Money From Gift Card to PayPal where we go through the step-by-step process. The process is so much easier than you may think!
How To Transfer A Visa Gift Card To A Bank Account
While you cant directly transfer a Visa gift card to a bank account, there are some ways to achieve getting it as cash, such as transferring the Visa gift card onto your PayPal balance and then transferring the PayPal balance to your bank account. This post will share some additional ways you can achieve this.
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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.
How Can I Turn A Visa Gift Card Into Cash
How to convert Visa gift cards to cash
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Can I Get Cash From A Visa Gift Card If I Have A Pin
It used to be that gift cards had to be run as credit transactions at the point of sale because they didnt come with the PINs needed for debit transactions. Prepaid cards typically have PINs so they can be run as either. In 2013, the Federal Reserve passed a law requiring that people have the option to get a PIN for a general purpose gift card, so they have to decide which type of transaction to perform. This law, however, led people to believe they could use the PIN to withdraw cash from their Visa gift cards at an ATM or via cash back at a merchant POS. Thats not the case. The PIN simply allows gift cards to be run as debit transactions.
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 To Get Money Off Of Visa Gift Card Through Paypal
Here are the steps to get the money off from a Visa gift card to your PayPal wallet.
- Log in to your PayPal account.
- Choose the Wallet option from the top of the page
- Select Link a card or bank.
- Add your Visa gift card details. Then click on the Link Card tab.
If it shows an error when you add the Gift card, maybe you should have to first register the card with the issuer so an address is linked to the Visa gift card. After that, there should be no problem for PayPal to accept it.
Do Visa Gift Cards Work On Cash App
Cash App does not allow VISA gift cards as a payment option since Cash App does not accept Prepaid and Gift cards. Gift Card Credit can only be used to purchase items online it cant be used in the Cash App directly but can be transferred indirectly.
When you try to add your gift card to your account, a message will pop up displaying that prepaid cards are not supported by Cash App and cannot be added as a payment method on Cash App.
So, if you have a $x visa gift card, you can still load the funds from the gift card to your Cash App but in an indirect and multi-step process kinda way.
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How To Buy A Gift Card
When buying gift cards at a physical store, you have to present money to the cashier who then customizes the gift card according to your demands. You can even use your credit or debit card to pay for the transaction. They then electronically load the specified amount into the card and then present it to you after which you can send it to the person you intend to gift. One of the most prominent physical stores where you can buy gift cards is Walmart.
When purchasing online, you have to visit the concerned website and navigate to the section where you can buy a gift card. You can then choose the card denomination that you want to buy, then enter the necessary details and pay for it. You can buy a tangible gift card or an eGift card online. The tangible gift card will be sent to the address you provide. You canbuy gift cards online with a checking account number, a payment card, or a mobile money wallet
How To Move Money From Paypal Wallet To Cash App
Every cash app user has their own unique cash app Visa card number and routing number if you already have a Cash Card associated with your Cash App account.
Add your Visa card number to your PayPal account and instantly transfer the balance to it for a small fee and the funds will be immediately credited to your cash app account.
- Login to the PayPal app
- Link your Cash App debit card if you havent already, and then press next.
- Enter the amount to transfer, review the details and tap the Transfer option.
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How To Add A Virtual Visa Card To Your Paypal Account
You can add a virtual card to your PayPal account. PayPal however does not support some virtual cards. But I dont think this should be a problem if you are using a reputable virtual card issuer. Below are steps you can take to add a virtual visa card to your PayPal account:
- Log in to your PayPal account through the PayPal website or app. Then click on Profile on your homepage. After that, select Update Card from the drop-down menu.
- Wait for the Add Debit or Credit card screen to load and then choose the Card Type drop-down menu. Since you are adding a Visa card, you select Visa after which youll have to enter your card information card number, expiration date, and the three-digit verification number from the back of the card.
- The billing address of your card has to match the address on your PayPal account. If they do not match, youll have to click on the Enter a new address as Billing Address button, then go on to enter your information in the input fields that appear below it.
- Complete the process by clicking on the Add Card button. PayPal will then confirm that your card has been added to your account.
After successfully adding a card to PayPal, youll still have to verify the card. Below are the steps by which you can verify your virtual visa card on PayPal.
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.
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