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HomePopularHow To Get Cash Off Of A Visa Gift Card

How To Get Cash Off Of A Visa Gift Card

Sell Your Visa Gift Card To Other People

How To Get Cash Off A Visa Gift Card | How To Get Cash Out Of A Visa Debit Gift Card

Another option you could consider is to sell your Visa gift card to other people. While this can be one of the quickest ways to access that balance, just keep in mind that youre probably going to have to accept less money than the balance on the card to make it worth the other persons while to buy it from you.

That is, most people will only pay a portion of the balance when theyre buying a gift card from someone else. This is because they know that its convenient for you to offload the card like this and theres also a small element of risk on their part.

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.

So Many Questions About Gift Card Balances

I get many questions about gift card balances and how to use the last little bit thats left over after a major purchase. The answer depends on the type of gift card you have. Store and restaurant gift cards are different from Visa and Mastercard gift cards, so I have to treat these questions differently. In the blog post below, Ill answer these main questions:

Pay Yourself With Your Visa Gift Card

In an electronic world, most persons have access to transfer funds electronically. There are numerous electronic money transfer merchants that make this possible.

Electronic money transfer service merchants definitely allow syncing of Visa cards. For a small fee, you can turn Visa gift cards into cash by simply paying yourself with their services.

Business owners or persons with side hustles would be especially able to capitalize on this as they would have previously established electronic payment services.

If you are a person that receives a lot of gift cards and would like to turn Visa gift cards into cash, it may be worthwhile to take a look at one of these electronic money transfer services.

If you dont have a routine service set up, you can simply utilize an electronic money transfer company temporarily to transfer money from your Visa gift card to your bank account.

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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!

Go To A Gift Card Exchange Kiosk To Trade It In

How to get cash off a Visa gift card

One super easy way to convert Visa gift cards to cash is to find a Gift Card Exchange Kiosk. Theyre usually yellow and you can often find them in shopping malls and supermarkets.

All you have to do is enter your gift cards information into the kiosk, which will include things like the set of numbers on the front of the card.

Youll then be presented with a range of offers for you to decide which one you want. Once youve made your selection, youll be issued a voucher to take to the cashier to get your money.

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Is A Visa Gift Card The Same As Cash

A Visa gift card offers the same functionality as cash, in that you can make payments with these methods. There are main differences to consider between gift cards and cash.

The most obvious is cash can be used for basically anything, while individual gift cards are only applicable in certain circumstances. Another thing to consider is you can have as much cash on hand as you have.

Visa gift cards only allow a certain amount. You can still transfer Visa gift cards to cash, but it requires specific methods.

What Is A Vanilla Visa Gift Card

A Vanilla Visa gift card is a prepaid card that you load money on to. These gift cards can then be used to make purchases in-store or online. Can you still liquidate a Vanilla Visa gift card for cash? Yes, you can still exchange a Vanilla Visa gift card for cash. You are unable to transfer balances directly from the card to your bank account. However, some methods listed above can be used to convert the card into cash. This includes swapping for cash with a family member or selling the card to a friend.One way to earn free Vanilla Visa gift cards is through Swagbucks. Complete various activities to earn points and exchange them for gift cards.

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Sell Your Gift Card Using An App

Using an app to convert your gift card to cash is super easy. The downfall is that this method tends to net you fewer dollars due to the higher commissions rates.

Its not always going to be the most expensive option though. As with every method, its best to check it out for yourself and compare.

Two popular gift card apps are:

Youre not locked into selling your gift card to them after getting a quote so theres zero obligation. It never hurts to get a second opinion on your gift cards selling value.

Add It To Your Venmo Account

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Similar to PayPal, you can convert your Visa gift card to cash via Venmo by putting your gift card balance on your Venmo account. And this is actually a better option than PayPal if you were planning to transfer the money to your own account as cold, hard cash.

This is because Venmo doesnt charge any fee to transfer money from your Venmo account to your bank account, unless you select the Instant Transfer option. Otherwise, the money should arrive in your account within one to three business days.

To do this, go into the Venmo app and find the option that lets you add gift cards. Theres a chance that youll get a warning message here for fraud prevention, so either try again or give Venmo customer service a call at their helpline to see if they can clear up the issue.

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Does A Prepaid Card Support International Money Transfer

You can send money from anywhere to any country in the world. The world is now a global village in all matters related to information and communication technology. When sending money to someone else outside your country, you need the account number of the person and the routing number of the institution receiving the payment. You also need to understand how to transfer money using the routing number and account number.

Before hitting that send button, always confirm that all the details are correct. Again, you should always call the recipients and ask if they got the money you send to them. If they take long to receive the money, you should always make a quick follow up with your card issuer to inquire about the problem.

Prepaid card accounts can also receive money. Your friends and employers can send you money from wherever you are. So in the real sense, a prepaid card is very convenient.

Two: Visit Your Prepaid Cards Website To See If They Offer Transfers To A Bank Account

Some prepaid card companies help you do transfers to your bank account through their website or app. So your first stop should be the website of your prepaid card provider.

Check Your Card Companys FAQ Page

Here, theyll usually have a FAQ page. If your card company allows transfers, theyll state it very clearly.

For example, the Bank of America CashPay card says the following on their FAQ page:

you may perform an Online Funds Transfer via the CashPay Customer Service website at www.bankofamerica.com/cashpay to transfer funds from your CashPay account to a traditional checking or savings account owned by you in the United States.

Not in the FAQ? Check Your Card Companys Features Page

If you dont find it on your card providers FAQ page, check the features and benefits page of your prepaid card.

On the Netspend website, this information appears on the Card Benefits page:

Have a bank account in addition to your Netspend Card Account? Link your financial accounts from participating bank accounts and you can transfer money between them and your Netspend Card Account.

If your prepaid card company offers transfers to your bank account, then carry on to the next step. If its not clearly stated, then your best bet would be to try the MoneyGram method that we list below.

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How Do You Get Prepaid Cards

Many businesses offer prepaid cards as incentives to sign up for services, buy products, and refer other customers.

Here are two recent personal examples. I earned three of these cards by signing up for Internet service with AT& T. I also just received one from my web hosting company, HostGator, thanks to their referral program .

In addition to business incentives, other ways you might come across prepaid cards include winning one as a prize or receiving one as a gift. You can even get one for test driving a car!

Simple Ways To Convert Visa Gift Cards To Cash

Cash out visa gift card

Visa is a great company that offers gift cards, but sometimes you just hard cold 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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Add Your Visa Gift Card To Paypal Wallet

PayPal Wallet is a phone app thatallows you to pay with a PayPal account.

It is called a wallet because youcan add your cards to this app and use them when making payments through thisapp.

One way to get cash from a visa gift card is to add the visa gift card to your PayPal wallet.

Once added then you can send itthat another PayPal account that you are holding.

Afterward, you can use a PayPaldebit card to withdraw the cash.

In case you dont have anotherPayPal account you can send the money to a colleague who can withdrawal it foryou.

The only drawback with thismethod is that PayPal will charge a processing fee of 1.4%

If your PayPal wallet isconnected to your bank account then that is much better as you can thentransfer the money to your bank account.

Unfortunately, sometimes it maytake up to five business days to reach your bank account.

Why Is A Prepaid Debit Card Necessary

There are various reasons why a prepaid card is crucial to you as an individual. First of all, the card ensures that your money is safe. Carrying cash in your pockets or wallets can be dangerous as thieves can rob you. Again, you may misplace the money as you walk around. You can have as much money as you wish in the card as long as you operate below your card issuers daily load limit.

Moreover, you can use a credit card to buy goods and services. Most supermarkets and service stations accept card payment, and you can swipe to pay. Also, online shops accept payment by cards. Online stores such as Amazon and Walmart accept card payment for convenience. Transaction charges are minimal, and many people find it affordable.

Another importance of a prepaid debit card is that you can send money from one person to another. The process is simple as it happens just the same way you transfer money from one debit card to another. You log into your account and send money. In the process, you need to have the account number of the recipient and probably, the full names to confirm.

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Find Ways To Pay Yourself

Turn Your Visa Gift Card Into Cash 2017

I dont advise trying this as it is against PayPals TOS but some people have mentioned online that they paid themselves with ease. Do this at your own risk of losing your account.

The process is simple though, you could get a friend to send you money and have them use the card. The only caveat is that you would lose 3% in the process due to PayPals fees. I dont recommend this, however, it is an option.

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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.

Add Gift Card To Paypal Wallet Online

A feature of using PayPal is the option to add Visa gift cards to your PayPal wallet. Once you have added the gift card to your wallet you can use the balance just like cash. This means you can make a purchase from any merchant that offers PayPal as a payment method. Most online retailers accept PayPal so you now have a huge range of retailers that you can use the gift card balance with.

Not only could you spend it like cash with merchants that accept PayPal, but as it is now cash there are other ways you can use the balance. You can transfer the money to your linked bank account or send the money to other PayPal users. Keep in mind that fees may apply of up to 3% when transferring money using PayPal.

How do you add a gift card through PayPal?

Adding a gift card through PayPal is extremely easy. You just have to follow 4 simple steps, they are:

  • Log in to your PayPal account.
  • At the top of the page click on Wallet
  • You should now see an option on the left-hand side that says, Link a card, click this option.
  • On the next screen fill in the gift card information and click add card

Thats it! In 4 easy steps, your gift card is now linked to your PayPal account and the balance can be used as cash.

If you do experience any problems adding the card such as an error message, contact the card issuer. Sometimes a card must be registered first to make sure the address matches. Once that is done there should be no trouble linking the card to your PayPal account.

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Sell It On A Gift Card Exchange

Another way to exchange your Visa gift card for cash is to just sell it.

There are numerous apps and websites that let you sell Visa gift cards for cash. The only downside to these is they tend to take a pretty hefty commission, so its best to try other avenues first.

One reputable website you can use is Raise, which lets you sell unused, unwanted gift cards, including Visa gift cards.

If you did want to give this method a shot, definitely try out Raise.

Its available via browser, but they also have an app if thats easier for you.

Raise actually works with Prepaid 2 Cash to let you convert your Visa gift cards to cash, but its a secure and quick way to get some extra cash in your hands.

Other websites you can use to get cash from a Visa gift card include CardCash and GiftDeals.

Before selling, remember to shop around to check what the commission percentage is to find the best platform to sell your Visa gift cards!

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