Sell It To A Gift Card Exchange Website
Using a gift card exchange website, like Gift Card Granny or CardCash, is the most straightforward method for converting your gift cards into cold hard cash. All you have to do is go on their website and sell your gift card.
Both Gift Card Granny and CardCash take a wide variety of gift cards, including Visa ones. You can easily trade Visa gift cards for cash payments. The best part is they offer up to 90% cashback during the entire process.
First, youll need to select an offer. Once you choose the Visa gift card with an appropriate balance, you can submit it and go through a verification process.
After this is done, youll be able to get paid. This online method allows you to earn more money compared to more expensive rates of gift card kiosks. Keep in mind it might not work for every Visa gift card, as offers come and go.
Can you sell a Visa gift card to another person?
Yes, you can sell your Visa gift card to another individual without it affecting the gift card. If you go this route, youll likely find that people will only be interested in buying it from you if its offered at a discount.
Otherwise, they could avoid the hassle by buying a gift card from a regular retailer. This is a valid option though if you can sell it for more money than a gift card exchange offers you.
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.
Final Thoughts On Converting Visa Gift Cards To Cash
Visa gift cards are pretty flexible in terms of how you can use them. Given that theyre accepted anywhere that also takes Visa credit cards, you already have a huge array of options on where to spend the balance on your gift card.
But its true that sometimes having cold, hard cash is preferable. Its easier to track as part of your overall net worth, for example, and youre not limited in case you plan to use the money somewhere that a Visa credit card wouldnt work.
In those cases, one of the options on this list will definitely help you out. Just keep an eye on the fees to make sure theres not a more affordable option for what you intend to do with the money.
But once youve decided how to proceed, in only a few clicks, that money will be yours!
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How Do I Use My Gift Card
There are two types of gift cards offered by banks, and these are open-loop and closed-loop. Financial institutions issue the first one, and you can use it to buy goods at any place accepting the cards. The second one can only be used with a specific merchant. For example, you can have a gift card that can only be used with Walmart or Amazon.
When you want to buy items with your card, you visit a store accepting the cards and then use a gift card reader machine to communicate with the card issuer, allowing a specific value deduction.
One time gift cards are useless once their value is exhausted. However, reloadable cards allow you to top up money when the balance is low. Banks and other financial institutions usually offer reloadable cards with no fees so that you do not have to buy cards now and then.
While there are tangible gift cards, there are also mobile gift delivered to mobile phones via email or SMS. You can use them online with social apps instead of queuing in stores. Visa virtual cards are useful anywhere in the world.
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?
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Turn Your Visa Gift Cards To Cash By Buying And Reselling Items
This may take a few extra steps to do but it may be the only other option on this list that lets you make money from converting your Visa gift cards to cash .
As mentioned, most stores treat Visa gift cards like credit cards. This means that you can generally use them to buy items at almost any store, so keep an eye out for things that are either heavily reduced or in high demand.
In both cases, theres a good chance you may be able to resell the item at a higher price than what you paid. This, in turn, will let you eventually get cash from your gift card.
Can You Transfer Money From Gift Card To Bank Account
Of course, you can transfer money from most prepaid gift cards to your bank account using a service called CardCash.
There are some gift cards that are disposable and can only be used until the balance reaches zero while most prepaid cards are reloadable and can be used forever.
Thankfully, there is one proven way 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.
But the thing is, its more expensive than just using a gift card or prepaid card to buy items. So make sure that its really the cash value that you want from the gift card.
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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.
Want To Get A Visa Gift Card
A smart gift anyone can appreciate.
The Visa Gift card is an ideal choice for birthdays, holidays, weddings, and suits all your gift-giving needs. It’s also perfect for people of all ages. You decide how much money to give they decide where to spend it.
You will receive important information regarding the Visa Gift card such as how to activate and use the card. This information should be given to the recipient of the card.
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Easy Ways To Transfer Visa Gift Card To Bank Account In Less Time
To transfer visa gift card to bank has been somewhat difficult for individuals and even impossible for most people.
Having visa cards have saved individuals the stress of carrying cash around and going out of budget with their expenses because they can load their cards with a set amount of funds that can carry their purchases for a long period of time.
But where by a person has enough funds in the visa card and lacks cash at hand, there becomes the need to be able to transfer the visa gift card to a bank account in order to access the cash and use however they want.
So the common question is How do you transfer visa gift card to bank account?
This content is going to help you understand the modules of transferring visa gift cards to a bank account. But Its important you first understand what a visa gift card is.
How Do I Tranfer Money Into My Paypal Account With Vanilla Visa Gift Card
So I got this card yesterday I signed up for a paypal account and comfirmed, now my Paypal has a balance of $1.95USD , I had no idea how I got the $1.94 in my Paypal account all i just is i comfirmed with the 4-digit number they sent to me on my statement .
Please help me out here, How do I transfer money out of my Vanilla Visa Gift Card into my PayPal account.
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How To Transfer A Visa Gift Card To A Bank Account
You can transfer money from a prepaid card to your bank account indirectly by trying some of the following options, which we go into more detail about above:
Give The Gift That Won’t Be Returned
Shop for family, friends, clients, employees or anyone else all in one place! A gift card from UCB can be used anywhere Visa is accepted and is the perfect gift for any occasion.
Gift cards do not have to be activated prior to use. However, in order to preserve certain rights set forth in Section 10 of the Terms and Conditions disclosure, we recommend you register your MBT gift card at ucbbucks.com. If you do not have Internet access, you may register by calling 1-866-279-4545, 24 hours a day, seven days a week.
Yes, but you must first register the card in your name. Visit ucbbucks.com or call 1-866-279-4545, 24 hours a day, seven days a week to register your card. Once registered, you can make online purchases with your card up to the available value of the card. Enter your card number, expiration date and any other information requested by the online merchant.
No, you will not be charged a fee for making a purchase at participating merchants.
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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:
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.
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Use A Gift Card Exchange Kiosk
A gift card exchange kiosk is a dependable method to transfer Visa gift cards to cash. Look for machines within select grocery stores theyre often yellow machines that look like casino slots and make similar noises.
The system requires that you enter the card information, such as card number and expiration dates. Youre then given a choice to get a cash-back offer.
Once you accept, youll need to print the voucher and bring it to a nearby cashier. Thats usually all thats needed to do to get money through this method. If you have trouble with card swipes, ask for assistance.
Not all grocery stores dont have a gift card exchange kiosk so its best to do a search first so you dont waste your time. What I like about kiosks is its a faster way to turn Visa gift cards into cash.
Other methods take days before the transaction is complete. With kiosks, youll get your money almost instantly. Make sure you bring your identification just in case.
I should mention exchange kiosks do take a small chunk of your proceedings. If you dont plan on using that Visa card anyways, its a reasonable sacrifice to make. Dont accept the offer if you dont like it you can always cancel before the process is complete.
Faq: Can You Transfer Money From A Vanilla Visa Gift Card To A Bank Account
There are several methods, both directly and indirectly, in which the funds from the Vanilla Visa gift card can eventually get to your bank account. However, be mindful of the fees in some cases.
One point to note is that even after following the prompts on your PayPal account to link the Visa gift card to your PayPal wallet , you may receive an error message.
If an error message is received, simply follow the process to register the card. An address would then be linked to the card and your PayPal should be up and running from there. You would now be able to get cash from your Visa gift card.
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