Get Cash From Your Visa Gift Cards By Buying And Reselling Stuff
I have a tip for you thats a little more unorthodox. It does require a few extra steps and a bit more effort than the options above, but its still one to consider.
Basically, with this method, you use your Visa gift card to purchase stuff. Since Visa cards are accepted at a lot of retailers, you can use them to purchase everything from gift cards for other retailers to furniture to beauty products.
Then, you resell this stuff on websites like eBay, Craigslist, and OfferUp.
You can not only get back what you originally spent with the gift card in cold hard cash, but you can also get extra cash!
Look out for items that are on sale, discounted, or in the clearance section.
Lets say you purchase a bag at TJ MAXX thats worth $100, and its discounted to $70. You use your Visa gift card to purchase it and resell the bag for $90.
The customer still gets a 10% discount since the retail price of the bag was $100, but because you bought it at a discount, you make a $20 profit on the sale. This means that you not only get $70 back in cold hard cash that you can actually spend, which would have otherwise been stuck on a gift card, but you also get an extra $20!
Like I said before, this one does require a little more effort, but you can turn a Visa gift card into cash when you buy and resell items.
Sell It On The Raise App
Another way to convert a Visa gift card into cash is by selling it on an app called Raise. Raiseis a site where you can sell your unwanted gift cards with ease.
Its really simple! All you have to do is find all your unwanted gift cards then list them to sell on the platform. Lastly, you will get paid either via Check, PayPal, or by direct deposit when someone buys the gift card.
Raise is an amazing site if you have unwanted Visa gift cards or any other gift cards from stores such as Target, Amazon, and Walmart. In addition to selling unwanted gift cards on the site, you can save money when you buy other gift cards on their site.
You can also check out their coupon section to find some of the latest deals on popular stores and brands.
Sell Trade Recharge Or Regift
There are many people who try to sell their unused gift cards on Ebay. This may work for larger cards, but its still a hassle. Id much rather make it work some other way. Also, sites that allow you to trade unused gift cards are becoming popular but again, I dont want to have to mess with mailing addresses and postage for a tiny balance. There is still the possibility of reloading a card, if its allowed .
Maybe you could regift a card that had its original balance on it? Any other ideas?
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Add It To Your Paypal Wallet
Another way to convert Visa gift cards to cash is with PayPal. That is, 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.
How To Buy Visa Gift Cards Online
Other than all Visas partners, there are a ton of websites from where you can buy Visa gift cards online. For example, if you do your grocery shopping online, most retail corporations like Walmart and Target offer them on their website.
However, if you have Amazon Prime, it is the easier and faster way to buy a Visa gift card online, You will receive it between 1 to 2 days.
It is a perfect last minute birthday, Christmas, or reward present.
If you dont have Amazon prime, it is recommended to use one of Visa partners like Giftcards.com
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Get A Merchant Refund
In my opinion, this is the easiest and best way to get cash for your Visa gift card, however, it may be a bit unethical. All you would have to do is buy something from a retailer with your Visa gift card and return it a few days later.
Some stores will process your return and give you cash since you paid via debit. This method is pretty simple too and is not against store policy. This may be the best way to get cash back, the entire amount too, from your Visa gift card. The best part is that you get to walk away with cash!
Can You Get Cash Back From A Visa Gift Card
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Try these simple options to convert Visa gift cards into cash.
Receiving gift cards is fantastic, but making sure you can actually spend the balance is the best part. Thats why learning how to turn Visa gift cards into cash might be a smart method to ensure that you utilize everything on your card and to ensure that you dont lose money on it.
You might be wondering if there is a simple, fast and easy way to turn Visa gift cards into cash the answer is yes!
Because there are a lot of ways to make money online and a lot of these sites payout via Visa gift cards, which is the second-best option if they dont offer payment through PayPal.
While its still money, its definitely not as good as cash. So what do you do when you want to convert a Visa gift card to cash? Well, if you want to get cash from a Visa gift card, you have some realistic options.
Lets get started.
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Add To Your Amazon Balance
If you use Amazon as many people do then consider adding your Visa gift cards to your Amazon account.
Since Visa gift cards are pretty much as good as cash, you can use them to purchase items on Amazon when you add the gift cards to your Amazon balance.
Its a really simple way to use your Visa gift cards!
If you need to purchase items on Amazon then definitely consider adding your Visa gift cards to your Amazon account to use the money.
Can You Add A Prepaid Card To Cash App
Can you Add a Prepaid Card to Cash App? No Prepaid cards can be added and cant be used to make Cash App payments. With Cash App, youre limited to a bank account and a standard debit/ credit card. Currently, only Venmo and PayPal are accepting prepaid cards.
If you are looking to transfer your Cash App funds to your bank, you can do so by free ACH transfers of your balance to a bank account using a routing and account number.
In this case, a prepaid card should work if it is entered as a bank account.
NOTE: Government Enabled Cards are Supported by Cash App.
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How To Convert A Visa Gift Card To Cash 10 Methods That Work
posted on August 27, 2021This post may contain affiliate links. Please read our disclaimer for more information.
Visa gift cards are useful since you can spend them anywhere that accepts Visa, and they generally make for thoughtful gift ideas.
However, if you keep getting Visa gift cards from reward apps or as gifts from other people, you probably want cold hard cash instead.
Plus, theres nothing worse than having several Visa gift cards with just a few dollars left on them, causing you to struggle to spend the remaining balance.
But, if youre wondering how to get cash from a Visa gift card, youre in luck!
This post is covering 10 of the simplest and secure ways to convert a Visa gift card into cash.
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Use The Cash App To Send Yourself Money
This option is new and gives you the ability to transfer the full Visa gift card balance. However, it may not work for everyone as the app has caught on and doesnt allow it. But its pretty easy to do, first, download the free Cash app for iOS or Android.
Then you can send yourself money using your Visa gift card as the funding source. In order to receive your money simply add your bank account in order to receive your full balance. Just know that there is a 3% fee when personal payments are sent from a credit card when using the Cash app.
However, thats not that high compared to other options. For example, If you are trying to cash out a $50 gift card, youll only lose $1.50 in fees.
Buy Other Merchants Gift Cards
Sometimes the easiest way to convert your generic Visa gift card is to buy a new gift card at a merchant you use and love. You can make your gift card go further if youre able to find a gift card sale.
Some gift card deals let you save 20% or more on a gift card. This means that you could buy a $100 gift card for $80.
Amazon is a retailer that often has gift card deals. If youre a Prime member, you can double or triple up your benefits by combining it with these Prime money-saving secrets.
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Complete Your Bank Details
After you click Next, you will be taken to another page. Enter your Receivers details there. This will be data like your name, address and account or debit card information. As soon as you do this, click on the Next option. As per the MoneyGram site, many account deposits are finished in no time, subject to banking hours and the accessibility of the system.
How Do I Transfer Money From A Gift Card To My Bank Account
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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 the rear of your card. Enter your PIN, and complete your transaction.
Insert your card in the ATM machine and enter your PIN. The machine will at that point reveal to you how much the withdrawal expense is. Now, you can choose to proceed or drop your transaction. Select checking when asked what account you wish to use. In the event that you are withdrawing $20, but you have to pay a $3.50 expense, your withdrawal sum is $23.50.
What Is A Prepaid Debit Card And How Do I Get One
A prepaid debit card is an alternative banking product that only lets you spend the money you load onto the card. Like debit cards, prepaid cards work at any merchant that accepts its payment network, such as Visa or Mastercard. Theyre safer and more convenient than using cash. Theyre also known as stored-value cards, pay-as-you-go cards or, more formally, general-purpose reloadable prepaid cards.
You can buy a prepaid debit card from a retailer, bank, credit card company or other financial services provider. When you purchase one, your card funds are usually part of an account held by a bank or credit union.
Prepaid card companies usually offer several ways to load funds onto a card. Some cards also let you link to a checking account to make online transfers.
» Want to find the best prepaid debit cards? Check out our favorite options
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Best Prepaid Debit Cards And Alternatives: Summary
We looked at 40 reloadable prepaid debit cards offered by some of the biggest banks, credit unions and prepaid debit card issuers. Where multiple card plans existed, only the basic monthly fee plan was considered.
We analyzed four categories for each card: general fees and features, purchases and withdrawals, reload fees and options, and other services such as bill pay and savings accounts. The cards that made this list had the best combination of these categories. Some cards in this roundup have nonbank program managers that partner with banks. Regardless, all the cards issuers are banks that insure consumers money through the Federal Deposit Insurance Corp. No cards above have overdraft fees.
Prepaid debit cards that we considered included:ACE Elite Visa Prepaid Debit Card, American Express Serve, Bluebird by American Express, Fifth Third Access 360° Reloadable Prepaid Card, Green Dot Prepaid Visa Card, Mango Visa Prepaid Card, Netspend Prepaid Card, PayPal Prepaid Mastercard, RushCardPrepaid Visa Card.
What the ratings mean:
How Do Prepaid Debit Cards Work
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list ofour partnersandhere’s how we make money.
If you don’t have a bank account or you need a new way to budget, prepaid debit cards might be the next plastic for your wallet. Here’s how they work.
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How Do I Transfer A Visa Gift Card To Venmo
To transfer your Visa gift card balance to Venmo, follow these steps:
The video above also walks through the steps on adding a Visa gift card to your Venmo balance.
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Sell Your Visa Gift Card On Ebay Or Craigslist
You can sell your Visa gift card on eBay or Craigslist. This can be a good alternative to selling through Raise or CardCash. What makes eBay and Craigslist good is that you can decide how much you want to sell your gift cards for.
Now, you will likely have to sell the card at a bit of a discount because thats what people are after when they purchase a secondhand gift card.
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