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!
Sell It On Facebook Marketplace
If you are looking to convert Visa gift cards to cash consider joining Facebook Marketplace to sell them. You can check out Facebook Marketplace to sell and buy unwanted gift cards. This is a pretty awesome way to get cash in exchange for unwanted gift cards.
My recommendation for selling on Facebook Marketplace is to make sure to put up high-quality images of the gift cards you want to sell. Additionally, make sure you know the correct balance on the card before you post it.
My recommendation for buying items on is to first make sure to read reviews of the seller. Ideally, you want someone with 5 out of 5 stars.
You can see a sellers rating by clicking on the item that they are selling and looking under the sellers information. If someone has a bad rating, skip getting any items from that person to save yourself the headache.
Buy A Money Order With Gift Card
One great way to convert a Visa or Mastercard gift card to cash is to buy a money order. Many stores, including major outlets such as Walmart, allow you to purchase money orders. This does vary depending on the area so check with your local store first.
Please note: Not all stores allow money orders to be bought with gift cards. It is best to check before going to save a wasted journey.
Once you have purchased a money order, you can then deposit the order into your bank account. Now that the gift card is cash in your bank account you can use it for anything you like.
If you choose to buy money orders, there is a warning you should heed. Some banks will shut an account down for depositing too many money orders. This could lead to suspicion of committing an offense called Structuring.
Structuring is a serious offense that can lead to a fine or even imprisonment.
Structuring, also known as surfing in banking industry jargon, is the practice of executing financial transactions in a specific pattern calculated to avoid the creation of certain records and reports required by law.
This means you need to think carefully about using this method to convert gift cards to cash. If you use it occasionally, then its likely fine. However, extensively using this method could lead to the closure of your bank account and possibly criminal charges.
Recommended Reading: Mcdonalds Gift Card On App
Regift The Visa Gift Card
If youve ruled out all of the other options above, it may be time to think about regifting. If you were going to spend money buying a friend or family member a gift anyway, you can instead gift them your gift card instead.
Just make sure you remove any identifying information that shows it was initially a gift FOR you to avoid potential awkwardness.
How Long Does It Take To Get A Refund On A Visa Gift Card
Earlier, we have answered the question, can money be refunded to a visa gift card. Moving on, you need to know the length of time it takes for the money refunded to get into your visa gift card balance.
Actually, if the good or service you purchased with the visa gift card is entitled to a refund, and you agree to accept a credit to the card balance in place of cash, the credit will reflect in 30 days.
Basically, it takes 30 days to get a credit refund on a visa gift card after returning a purchase.
The refund may come sooner than 30 days, but the time is usually capped at 30 days.
Read Also: Uber Gift Certificates
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.
How To Transfer A Visa Gift Card To A Bank Account
Even in this day and age, cash is still a reliable source of payment. If you have a gift card but want to use a more traditional payment method, you can transfer Visa gift cards into cash via the above procedures. Now the next time you are given a Visa gift card, you turn that piece of plastic into dollar bills.
Recommended Reading: What Is The Delight Card For Doordash
What Can A Prepaid Visa Card Be Used For
So do prepaid Visa cards work, or is it just a nice idea?
Well, let me make it clear that they definitely do work. They are issued by Visa, which has been around for years and is reliable. So it is definitely a real way to have money.
And it is very easy to use.
There are some prepaid Visa cards that can only be used in your own country. This depends on the card you get. You will be able to find out if this is the case by reading the terms, where you get the card.
But in general, you can use a prepaid card as a normal Visa card. You can use it in any shop both online and offline if the shop or service accepts Visa debit.
If you get virtual visa cards, you can of course only use these for online shopping. But with what you can buy online nowadays, it will definitely not be a problem to find a way to use your virtual Visa card, if you get one of these.
The advantage of the virtual card is that since it is electronic, you can usually get it within minutes or hours after ordering it, whereas the physical prepaid Visa card has to be sent by post, which can take weeks in some cases.
Be aware that sometimes the prepaid cards have an expiration date like any other card. So make sure to use the credit before it expires.
Three Steps To Buy A Money Order At Walmart Using A Gift Card:
- 1) Choose your gift card amount by selecting from $200, $100, $50, or $25
- 2) Go to customer service and tell them you want to buy a money order with your gift card, then hand over your gift card
- 3) Present your ID at the main customer service desk and tell them you want to buy a money order. You will once again hand over your gift card then take your receipt for the purchase. You will have to sign the receipt at this point.
The amount of money you want to put on your gift card must be $500 or more, so if you want a smaller amount issued on the card, then go to Walmart with another gift card.
If you try to use multiple gift cards at one time to purchase a money order, then they will only accept up to 99% of the total cost in cards. The remainder must be paid with cash or debit/credit.
Also Check: Doordash Delight Number
Simple Options To Convert Visa Gift Cards To Cash
Receiving gift cards is great but making sure youre actually able to use the balance is the best part of all. Thats why seeing how to convert Visa gift cards to cash can be a great way to make sure that you use whats on the card with the added flexibility of being able to spend the balance anywhere!
Perhaps you were given the card as a gift or you bought it as part of a promotion. The latter is pretty common, as youll often find stores that offer discounts or bonus deals if you buy Visa gift cards from them. This can, in turn, save you a good amount on the actual value stored on the card.
You could even have gotten it by having earned it yourself! Sites like Swagbucksoffer this from time to time, by letting you earn Visa gift cards for free by watching videos, playing games and searching the internet.
START MAKING MORE MONEY TODAY
Want to start earning more money as quickly as possible?
See what 7,800+ people said were their favorite, proven ways to make money so you can do exactly the same thing.
Get it free for a limited time!
Check your inbox to grab your free guide!
Youll also join our mailing list to get updates on how to make and save money unsubscribe at any time at the end of each email.
But now that youve got the card, you may be struggling to figure out what to do with it. Or you could just prefer to have straight up cash to be able to use it how you want.
Closing Thoughts On Converting Visa Gift Cards To Cash
While Visa gift cards provide a great amount of flexibility in how and where they can be used, you sometimes just need cash in hand.
Or perhaps you simply dislike the concept of carting around a bunch of gift cards in your wallet when everything could be conveniently in your chequing account.
In that case, you can easily select from the list of suggestions to find the option that will give you the best rate to save money and the convenience you need.
Also Check: Check Lulu Gift Card Balance
Transfer Money From Gift Card To Bank Account Paypal
The transfer can be easily done by adding your card to your PayPal account and transfer the balance to your own account because Paypal allows you add prepaid cards, including Visa gift cards to your Paypal wallet.
Here is a step by step guide on how the transfer can be achieved through Paypal:
- Create a PayPal account and if you already have one, just login to your Paypal account.
- Select the wallet option at the top of the page.
- Youd see a Link a Card or Bank option at the left side. Click it and continue.
- When you get to the point where PayPal asks you for the relevant information, add your Visa gift card details. Then click Link Card.
Sell Your Cards At A Giftcardbin Partner Location
GiftCardBin focuses on buying unwanted gift cards, and they have over 600 partner locations in the US.
Just hop onto their website and enter your city, state, or zip code to find the location closest to you.
Their payouts are between 60-70%, depending on card amount, merchant, and some other factors.
You May Like: What Is The Doordash Red Card Used For
How To Transfer Gift Card Balances To Your Bank Account Using Cardcash
Yes, you can transfer money from most prepaid gift cards to your bank account using a service called CardCash.
Unlike most prepaid cards, gift cards are disposable and can only be used until the balance reaches zero while most prepaid cards are reloadable and can be used indefinitely.
Thankfully, weve found one proven method for transferring money from your gift card to your bank account.
You can use mobile payment services like CardCash to transfer your money from your gift card or prepaid to your bank account.
The catch? Its more expensive than just using the gift card or prepaid card to buy items. So make sure that its really the cash value that you want from the gift card.
To transfer gift cards to your bank account using the CardCash Option:
Bank Of America Cashpay Card
If you have a Bank of America CashPay Card, whether it is a Visa or Mastercard, you can transfer funds to your bank account. If you have an originally-issued CashPay card, it is possible to perform an online funds transfer to a traditional United States savings or checking account that you own.
You have to pay corresponding fees and a minimum of $20 may be transferred.
Read Also: How To Pay Airbnb With Gift Card
What Is The Difference Between A Pending Transaction And A Posted Transaction
Pending transactions are authorized transactions with a hold for the purchase amount until the transaction clears. Posted transactions are purchases that have cleared on your card. There are some pending transactions that are more or less than the amount you actually spent. Some retailers place a pre-authorization amount to ensure the account is active and that you have enough money to cover the purchase. Once the transaction posts to your account, the pending transaction will be removed within a few business days, and you can use the funds again.
How To Convert A Visa Gift Card To Cash
Wondering how to convert a Visa gift card to cash? Read our tips for making the most out of an unwanted present.
Kaite just got a $100 Visa gift card for a graduation present. While shes appreciative of the gift, shed much rather have cash than a prepaid plastic card.
This is a common issue that Visa gift card holders often face. Fortunately, when it comes to converting your reloadable Visa gift card to cash, there are plenty of options.
Keep reading to learn how to liquidate a Visa gift card and change it to cold, hard cash.
Don’t Miss: Check Online At Www Apple Com Go Gcb Us
Sell Your Visa Gift Card To A Friend
Probably one of the best and easiest ways to convert your gift card balance to cold cash is by selling it to a friend. It doesnt hurt to ask around your circle if someone needs a Visa gift card, or simply ask if anyone is interested.
They might say No, but chances are, they might also say, Yes. After all, who wouldnt want to help a friend, right?
How Do I Check My Visa Gift Card Balance
Knowing how to check your visa gift card balance is essential. Not only will you know the amount left on your card, but youll also be able to identify when your visa gift card has been refunded.
As you will see later, one of the questions asked by a visa gift card holder is how to know his card has been refunded after requesting a refund. That invariably shows that he doesnt know how to check a balance.
Because of this, we will consider how to check your visa gift card balance.
Start by looking at the back of your gift card, youll find a toll-free number that can call to discover the balance.
Likewise, you can check your balance by visiting the card issuers website and entering the cards 16 digit number and security code.
You can typically check your balance online from these visa gift card issuers:
- Visa Vanilla Gift Cards
Read Also: Doordash Red Card Delight Number