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How To Send Visa Gift Card To Bank Account

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How Do I Pay With A Visa Gift Card Online

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

How do I use my Visa Gift Card online? You can use your card for online purchases by entering the card number, expiry date and the 3 digit code found on the back of the card. Occasionally websites will ask for the name on the card, in these instances simply insert Gift Card in the field provided.

How To Send Electronic Visa Gift Cards

7 steps to show you how to send electronic Visa gift cards quickly and easily, plus images of what the Virtual Visa eGift Card looks like to the recipient.

Need to send someone a gift card in a hurry? Then look no further than electronic Visa® gift cards. With some of the same flexibility of plastic Visa gift cards, the recipient can use the value to shop ONLINE or OVER THE PHONE wherever Visa is accepted. The two main differences between plastic and virtual Visa gift cards is that the egift card arrives via email so the card number will most likely have to be manually entered in order to be redeemed and the Visa eGift Card is only usable online. Below are seven steps to show you how to send electronic Visa gift cards quickly and easily.

How Small Businesses are Affected by the COVID-19 Pandemic:

Shop Visa eGift Cards and Top Brand eGift Cards. Weve got both!

Can You Transfer Funds From A Gift Card To A Bank Account

Yes, you can transfer money from most prepaid gift cards to your bank account using a service called CardCash. 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.

Also Check: Who Sells Lululemon Gift Cards

Can You Get Money From Selling Your Gift Cards

Absolutely. You can totally get money from selling your gift cards. The cool thing about selling stuff online is that you can always find a platform to sell items quickly.

This post shares some of the best ways and places to sell gift cards. Some of my favorites mentioned in this post are Gift Card Granny and Gift Cash. You can check out some of those sites to see if those are a good fit for you to sell your unwanted gift cards.

Convert Your Visa Gift Card To Cash By Selling It To A Website

How to Transfer a Visa Gift Card Balance to Your Bank ...

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.

Can I sell a Visa gift card to other people?

You can definitely sell a Visa gift card to other people, but youre probably going to have to accept less money than the balance on the card to make it worth their while to buy it from you.

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.

Recommended Reading: Where Is The Cvv On A Vanilla Gift Card

What Is A Prepaid Card

Prepaid cards are technically a type of debit card. Issued by a financial institution or credit card companyVisa, MasterCard, and Discover all offer themthey are deposited or “loaded” with a certain amount of money. They then can be used in person or online to purchase items or pay bills. They can also be used at ATMs to withdraw cash.

Just like regular credit cards, prepaid credit cards have a number and an expiration date printed on the front or back, and they generally can be used in the same places. The amount of money deposited or “loaded” onto the card represents the card’s credit limitthat is, how much can be charged on it. Once the balance on the card had been exhausted, the card is worthless, unless more funds are deposited on it. In fact, a prepaid debit card can be used repeatedly, so long as the cardholder keeps adding money to the card. It may carry a monthly fee, however.

Although the terms are often used interchangeably, these prepaid cards are not the same as prepaid credit cards. Requiring an application, a credit check, and approval from the issuer, a prepaid credit card functions like a regular : the cardholder can maintain an outstanding balance, receives monthly statements, etc. The key difference is that approval for the card is contingent on a security depositcollateral for the issuer, in case the cardholder falls delinquent in their payments.

Go To A Gift Card Exchange Kiosk To Trade It In

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.

Related: Coinstar Gift Card Exchange: A Way To Get Quick Cash?

Read Also: How To Use An Email Gift Card

Why Would I Need To Transfer Money From A Credit Card To A Debit Card

Sometimes you might need a small sum of money but you do not want to take out a formal loan. If you want to clear an overdraft or borrow a small sum of cash, you can use a money transfer credit card to move credit into your current account. Bear in mind that you are borrowing money to pay off an existing debt, and this can become a dangerous habit. If you are having problems with your cashflow and need help with your finances you can contact a charity such as StepChange or National Debtline who will give you debt advice for free. Never take on more debt if you cannot afford it or if you have no way of being able to pay it back.

Sell Your Visa Gift Card For Cash

How do you transfer a Visa gift card from G2 balance to your bank account

I hate these options out of most because you wont get 100% of your value, but with the right site, you could get up to 95% back. I would only consider this option if you dont have a PayPal/Venmo or you dont want to deal with the hassle of it.

To sell your Visa gift card for cash online, its relatively easy. Just head to one of the many sites Im about to mention, ask for a quote and then follow the prompts if you want to sell it to them.

In most cases, you can get your cash almost instant while some may have a 24-48 hour waiting period. You should know the terms before you sell them, however.

If interested, here are some websites that buy Visa gift cards:

Again, dont expect 100%. Instead, maybe 95% at most. For instance, I could get $22.50 for my $25 Visa gift card. You have to ask yourself if its worth it.

TIP: If you dont want to sell your Visa gift card, you can trade them on these platforms, too!

Read Also: Can You Use A Visa Gift Card For Online Gambling

How Do I Transfer A Visa Gift Card To Paypal

How do I exchange a gift card for PayPal balance?

  • Go to CardCash.
  • Enter the merchants name and the balance amount on your gift card, and click GET OFFER.
  • To add another gift card, just enter the information below and click ADD CARD.
  • If you agree to the exchange offer, click Continue.
  • Enter your gift card number and PIN, and click Connect with PayPal.
  • Five: Follow Additional Instructions From The Prepaid Card Company And Perform The Transfer Online To Your Bank Account

    Every prepaid card provider will have a slightly different set of instructions so make sure to follow the instructions carefully.

    At any point, if youre unsure of what to do, your prepaid card provider should have a customer service hotline that you can call for help.

    Here is an example of the detailed instructions provided by the Key2Benefits Prepaid Card website.

    Recommended Reading: How To Put Money On A Gift Card Online

    Add It To Your Paypal Balance

    If you are looking to convert a Visa gift card to cash, try using PayPal. PayPal uses the Card Cashwebsite to help individuals transfer gift cards to their PayPal balance.

    If you use the PayPal option, you will have to purchase another gift card with the Visa gift card first. Due to the fact that Card Cash only accepts gift cards from stores and restaurants, you will have to purchase a gift card from one of their accepted merchants first.

    Once you do that, you will be ready to go. Here are the instructions on how to convert your gift card to PayPal cash using Card Cash. With this method, you will be able to transfer a Visa gift card to a bank account.

    1. Go to the website Card Cash and click on the Sell gift cards option. Enter the merchants name and the balance on the gift card. Then click Get Offer.

    2. When you get an offer, you will see the PayPal amount you can exchange the gift card for right on the site.

    3. If you agree with the amount, all you have to do is click Get Cash and then select how you would like to get paid. If you want the PayPal option, click PayPal Express.

    4. Enter your gift card number and pin. Then click Connect with PayPal. Log onto your PayPal account and fill out the required fills and then click Get My PayPal Balance.

    Check out PayPal to see the same instructions and more details on how to transfer money from gift cards to your PayPal balance.

    Additional Ways To Earn PayPal Gift Cards

    Three: Register Or Log

    How to Transfer a Visa Gift Card Balance to Your Bank ...

    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.

    Also Check: How To Transfer Amazon Gift Card Balance Into Bank Account

    How To Add A Visa Gift Card To Paypal

    If you have a gift card, maybe multiple cards with small amounts in them, you can use the balance as a whole using PayPal. A $5 card alone may not be a big amount, but multiple cards combined in PayPal can help you get a big amount. Here are the things you should know about adding a gift card for PayPal and the processes to follow:

    What Is The Best Way To Repay The Money I Have Transferred From My Credit Card

    You can repay more than the minimum monthly repayment each month if you want to clear the balance more quickly.

    It is worth aiming to pay off the total debt within the 0% interest period, as money transfer credit cards usually revert to relatively high-interest rates after the introductory 0% period ends.

    For example, you might be paying an interest rate of 23% on the outstanding credit balance on your credit card once the 0% period has ended.

    For this reason it is important to have a plan to ensure you have paid off the money before the end of the interest free term.

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    Use The Paypal Invoice Feature

    If you dont want to open a second PayPal account, here is how you can use your only Paypal account and get the money cashed:

    • First, go to the Send & Request menu, click on the Send an invoice option, it will redirect you to a billing page. Insert an email address thats not associated with your PayPal account, add any item you want you dont necessarily put a description.
    • Now, put in the full amount you have in your gift card, put in any quantity, and click on add item. You can review all the information you had on the previous page on the next page uncheck the shipment here.
    • Once you click on Send, PayPal will send the billing information to your secondary email address youve put in. Go to your email inbox, follow the payment option, select Pay with a Visa card and use the gift card here.
    • PayPal will ask you to open an account in PayPal youll skip it, and continue with the payment using the Visa card. If you do everything correctly, youll get the money to your PayPal account to cash out.

    How Much Does It Cost

    Can I transfer money from a Visa gift card to my bank account?

    Youll pay a fee based on the amount you are sending. For amounts less than $200, MoneyGram charges you a base fee of $1.99. For amounts above $200, it charges $1.99 + 1% of the transferred amount.

    For example, if youre going to send $500, the fee will be $1.99 + $5, for a total of $6.99.

    You can estimate the fee before you send the money by using the fee calculator on the MoneyGram homepage.

    Recommended Reading: How To Redeem Gift Card On Google Play

    How To Transfer Money From Your Prepaid Card To Your Bank Account Using Moneygram

    We struggled to find a simple, sure-fire way to move funds off our prepaid cards for a long time. One day, a helpful reader shared this clever hack that works with almost every prepaid card.

    Using a remittance service like MoneyGram, you can transfer money to your bank account quickly, cheaply and safely.

    Here Are Some Reasons Why We Love This Method:

    Safe: MoneyGram has been around since 1940, and is the second largest money transfer company in the world.

    Fast: Receive your money in minutes if you choose the Debit Card Deposit option.

    Cheap: Fees are as low as $1.99. See our section on how their fees are calculated.

    Reliable: Dozens of our readers have successfully used this method, and it appears to work for virtually any prepaid card.

    Here are the steps to transfer money from your prepaid card to your bank account using MoneyGram:

    The Recipient Receives The Virtual Visa Egift Card Code

    And finally, once registered, the recipient will receive the Virtual Visa egift card number, activation code, and expiration date. This card is ready to use for online transactions or any place that a card not required transaction is allowed.

    Do you have any other questions about egift cards or need gift card help? Reach out to me in the comments below, on Twitter or on Instagram .

    Happy Gift Carding!

    ~Shelley Hunter, Gift Card Girlfriend

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    Also Check: How To Purchase Online With Visa Gift Card

    How Do Gift Cards Work

    You can use a gift card at a store just like you can use a debit or credit card. You only need to swipe over the POS machine or use it with the traditional credit card terminals, and you are good to go. You will deduct the amount you spend from your overall balance to pay for purchasing a good or service.

    Gift cards are specifically for buying goods and services, and it can be challenging to use them to transfer money, unlike debit and prepaid cards that you can transfer money from one card to another. Once the card balance is over, the card becomes useless, and you can destroy it.

    Some gift cards are reloadable, and you can use them over and over again. Generally, the process below is helpful when redeeming a gift card. Have a look.

    • You present the gift card for payment of goods or services.
    • Merchant chooses a program on a terminal or POS system.
    • Next, the merchant inputs the clerk ID and swipes the gift card through the terminal.
    • After that, the merchant keys in the amount to redeem your card.
    • The terminal processes the transaction and subtracts the amount from the cardâs balance.
    • With the help of a printer, the cashier prints you a receipt to show the customer the balance.
    • The cashier hands the card back to the customer, and the transaction is complete.

    Can I Transfer Money From A Credit Card To My Bank Card

    How to Transfer a Visa Gift Card Balance to Your Bank ...

    You can transfer money from a credit card to a debit card if you have a credit card that permits this. Be aware that you need to check first whether you will be charged any fees for interest for making the credit card cash transfer. You can still go ahead even if you will be charged fees, but you should weigh up whether the cost makes it worthwhile.

    Once the money is in your bank account you can spend it via debit card, or withdraw it as cash from a free ATM at no extra charge.

    Recommended Reading: How To Add A Gift Card To Venmo