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How To Transfer Money From Visa Gift Card To Venmo

Does Metabank Use Zelle

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

Innovation is one of many words that can be used to describe MetaBank, also known as one of the largest prepaid debit card issuer in the United States. Down the road, Meta plans to bring services like person-to-person payments to all of their offerings both debit and prepaid debit, think Venmo and Zelle.

How To Add Gift Card To Venmo

As we all know that Venmo is a platform that supports payments from a wide range of payment options and you will be happy to know that Venmo also supports payments through gift cards. So, if you have recently received a gift card, then you can add it to your Venmo account as the payment option. However, there are some limitations for the same. You can only add the gift cards offered by a few brands to your Venmo account. To use the Venmo gift card or any other gift card as the payment option, you need to link that card to your Venmo account.

If you have a gift card that belongs to American Express, Discover, MasterCard, and Visa, then only you will be able to add it as your payment option in Venmo. So, with no further delay, lets jump right into learning the process to add a gift card to Venmo.

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.

Read Also: How Much Money Is Left In My Visa Gift Card

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.

Pay Yourself With Your Visa Gift Card

How To Turn Visa Gift Card into Cash Using Paypal or Venmo ...

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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Best Prepaid Debit Cards And Alternatives: Summary

Account/card

None

METHODOLOGY

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.

We also looked at three alternative, or non-traditional, accounts from financial institutions: Chime, GoBank, Moven.

What the ratings mean:

Give The Visa Gift Card Away As A Gift

Another great way to convert Visa gift cards to cash is by giving them away as a gift. One of the great things about Visa gift cards is that they can serve as a cash gift. If you are attending a special occasion such as a birthday or baby shower, you can give a Visa gift card to the person.

The person will be able to use the gift cards like cash to purchase the items of their choice. This is a great way to give someone a gift that is similar to money. Instead of giving someone something like cash in a card, you can simply put the Visa gift card in a special card and give it to them as a gift.

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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?

Three: Register Or Log

Can you transfer money from Visa gift card to venmo?

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.

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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!

Add A Visa Gift Card To Your Paypal Account

Probably the best option for anyone looking to use a prepaid card balance is to add the card to PayPal.

When you add a Visa gift card to your PayPal account, you can use it anywhere that PayPal is accepted. Basically, you pay with the prepaid Visa gift card just like you would with any other debit or credit card during checkout.

Since so many retailers nowadays accept PayPal, this frees up the cash on your card to use at a lot of different places.

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Whats The Design On The Card What Does It Do

The QR code printed on the front of your Venmo Credit Card is unique to you. Its the same personal QR code found in your Venmo app. If another Venmo user scans this code, theyll be brought to your Venmo profile where they can send or request money from you. The QR code also allows you to activate your card without calling a phone number just scan the front of your card when you receive it. Easy peasy.

What Is A Visa Gift Card

Venmo Debit Card

A Visa gift card is a prepaid card loaded with a specific amount of money for the purpose of multiple purchases for as long as funds remains in the card, and for the benefit of controlling sending.

It is convenient to use, can be used all over the world, and can be used even without a bank account. Simply request a card, provide the money to be loaded on to it and it is ready to use.

Also Check: How To Google Play Gift Card

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.

  • Go to the CashPay Customer Service website www.bankofamerica.com/cashpay.
  • Register a transfer-to account before performing your first transfer. You can only have up to two transfer-to accounts in your profile.
  • After registration, you can sign in and select the Transfer funds link within your online Account Summary page.
  • It takes 5 business days for your new transfer-to account to be authenticated before the transfer will be made.
  • Sell The Visa Gift Card Online

    In addition to Raise.com, there are some additional sites that you can sell your Visa gift cards on. Check out the sites below.

    • Gift Card Granny: This site has been seen in places such as Forbes, NBC, and Oprah Magazine. On this site, you can sell your unwanted gift cards, and its not limited to just Visa gift cards. You can sell any type of gift card from stores you may have laying around your house. to check out Gift Card Granny.
    • Gift Cash: Like Gift Card Granny, this site lets people sell their unwanted gift cards and send them payment for it. This site is great because they are constantly updating their list of accepted merchants. So if you happen to have a gift card that isnt on their list, you can just let them know and they will look into adding them to the list.
    • Card Cash: With Card Cash, you can sell your gift cards on this site or buy discount gift cards to save money quickly.
    • Game Flip:Game Flipis another site where you can sell unwanted and non-reloadable gift cards to earn cash.

    Also Check: How To Pay For Spotify Premium With Apple Gift Card

    Complete Your Bank Details

    After clicking next, youll be taken to a page like in the screenshot above. Enter your Receivers details. This will be information like your name, address and account/debit card info.

    Click Next. According to the MoneyGram website, many account deposits are completed within minutes, subject to banking hours and systems availability.

    Transfer To Your Bank Account Via Paypal

    Can You Add Secure Spend Prepaid Visa Gift Card To Venmo

    If this isnt a pro tip on how to get cash from a Visa gift card, I dont know what is. You can transfer a Visa gift card to the bank by simply piggy backing off the services of PayPal.

    Most places these days accept PayPal as a form of payment as it can be linked to a bank account to transfer funds. PayPal is also a very convenient way to transfer funds to and from linked bank accounts and is a big hit with persons who prefer not to use credit cards.

    PayPal has a feature where it allows its users to link Visa gift cards and other prepaid cards. By linking your Visa gift card to your PayPal wallet, you can use the funds to directly pay at a vendor that accepts PayPal. Therefore you can get money off a Visa gift card by utilizing typical services that incorporates PayPal.

    Now to bump it up a notch, into the mind blowing category, once more: Since your PayPal is linked to your bank account, the funds from your Visa gift card can be transferred directly to your bank account.

    Yestransfer Visa gift card to bank account! Utilize your PayPal account and turn Visa gift cards into cash.

    That being said, nothing good on this earth is truly free. Using PayPal to get cash from a Visa gift card is no different. Typically you can expect to receive a transaction fee of up to 3% of the cash value being transferred.

    In my opinion, the PayPal hack is worth every cent and can be used to get cash from a Vanilla Visa gift card or to transfer Visa gift cards to the bank on the whole.

    Recommended Reading: Where To Get Nike Gift Cards

    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.

    Transfer Instantly To An Eligible Debit Card

    First, make sure your iPhone or iPad has the latest version of iOS or iPadOS and add an eligible debit card4 in the Wallet app.

    Then, make an Instant Transfer:

  • Go to your card info:
  • On iPhone: open the Wallet app, tap your Apple Cash card, then tap the more button .
  • On iPad: open the Settings app, tap Wallet & Apple Pay, then tap your Apple Cash card.
  • Tap Transfer to Bank.
  • Enter an amount and tap Next.
  • Tap Instant Transfer.
  • If you haven’t added an eligible debit card, tap Add Card and follow the instructions on your screen to add a Mastercard or Visa debit card.
  • Tap > to select the debit card you want to transfer funds to and select the billing information for your chosen debit card.
  • Read Also: What Can You Use A Visa Gift Card For

    What Are Gift Cards And How Do Gift Card Payments Work

    Gift cards dont go a long way back but they surely gained a lot of popularity in a small amount of time. Different businesses hand out gift cards to their clients as a gesture of loyalty and brand trust. They are loaded with certain sum of money that the cardholder can then use as per his or her need.

    Gift cards have one boundary: You can only utilize them at the specific store. This means Amazon gift cards can only be used to purchase items available at Amazon. In fact, sometimes, merchants also specify the categories from which you can purchase further limiting their usability.

    Nonetheless, gift cards work seamlessly and therefore, many consider it to be a great item that you could gift to a friend on his birthday or loved one on some special occasion.

    • You can purchase gift cards online.
    • The rest of the online or in-store shopping should proceed as usual with you adding the items of interest to cart.
    • Once you have all you need, provide the gift card at the check-out counter.
    • The cashier would deduct the amount from the card.

    ..and you are done!

    Did You Know?

    Gifts cards are convenient especially because they work like just any other debit card.

    However, you can not reload a gift card. The funds, when finished, would means the card is not usable any more. This is a major different between a gift card and other debit cards like Cash App card that you reload via different methods.

    How Do I Turn My Vanilla Visa Gift Card Into Cash

    Can You Add Netspend Prepaid Debit Visa to Venmo?

    The Vanilla gift card is a Visa prepaid gift card that is available for purchase in amounts from $10 to $500. Its great for special occasions and a great gift to give to people if you arent sure what to get them for an occasion.

    Similar to a regular Visa gift card, if you are looking to convert a Vanilla Visa gift card to cash, you can use all the options recommended in this post to get started. So even though you cant get money directly from a Visa Vanilla gift card, you can use the options in this post.

    Recommended Reading: Can You Buy Uber Eats Gift Cards In Stores

    To Add Amex Gift Card Venmo

    If you have got any prepaid card including an AMEX gift card, then you can add it by referring to the section below:

  • Open the Venmo application on your device
  • Or, go to the official site of Venmo from your PC
  • Now, log in with your credentials
  • Tap on the menu icon and select Preferences
  • Next, choose to add a prepaid gift card to your account
  • After this, provide your AMEX gift card or Venmo gift card details
  • Also, provide the Venmo American express gift card zip code
  • After providing the complete details, click on Add
  • Finally, you have added a gift card to your Venmo account.

    How Can I Get Cash From A Vanilla Visa Gift Card

    How to convert Visa gift cards to cashUse your Visa gift card to buy other merchants gift cards. Add it to your PayPal wallet. Add it to your Venmo account. Pay your bills with your Visa gift card. Go to a Gift Card Exchange Kiosk to trade it in. Sell your Visa gift card through an app. Convert your Visa gift card to cash by selling it to a website.More itemsJul 9, 2020

    Also Check: How Do Virtual Gift Cards Work

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