Saturday, November 26, 2022

How To Get Money Out Of Visa Gift Card

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Can You Transfer Money From A Vanilla Visa Gift Card To Bank Account

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

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.

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:

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Why Cant I Use My Visa Gift Card Online

Visa gift cards are linked to bank accounts that generally must be activated in order to receive transactions. Inactive cards will be declined if used for payment because the associated bank accounts are not ready to be used. The same is true for Visa gift cards, whether you buy them online or at the store.

Complete Your Bank Details

How to get cash out of a visa gift card

After you click Next, you will be taken to another page. Enter your Receivers details there. This will be data like your name, address and account or debit card information. As soon as you do this, click on the Next option. As per the MoneyGram site, many account deposits are finished in no time, subject to banking hours and the accessibility of the system.

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Types Of Visa Gift Cards

Visa offers seven different gift cards, each of which you can buy on their main website. These are similar to a Visa debit card in that you can transfer money onto individual cards.

You use these instead of cash just like you would a debit or credit card, but you dont have to link the card to your bank account. A Visa gift card is already preloaded with money.

Once you buy the gift card, you must determine the amount the maximum tends to be around $500.

Keep in mind third parties provide you more specific information on these gift cards Visa works directly with these companies.

The Visa gift cards available are as follows:

  • Vanilla Gift Card
  • Navy Federal Credit Union
  • PerfectGift.com

The Vanilla Gift Card is one of the most common ones. You can use this card for non-contact transactions, which include orders over a website, phone, and mail.

The card only works with any store that accepts Visa cards, mainly based in the United States.

One: Find Out If Your Prepaid Card Can Be Used Anywhere Or Is Limited To Participating Merchants Only

Visit your prepaid card companys website and look at the cards features. Can it be used anywhere that regular debit cards are accepted?

For example, certain cards have the following features:

The Card can be used to purchase merchandise and services anywhere Visa debit cards are accepted in the United States.

However, other cards are only limited to participating merchants:

Your Card can be used to purchase merchandise and services at any grocery store, specialty foods store, food truck or online food retailer in the US where Visa debit cards are accepted.

If your card can be used anywhere in the United States , then you can move on to step two. Otherwise, read our section on transferring gift card balances to your bank account.

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Sell It On Marketplaces Apps & E

Online marketplaces such as Facebook Marketplace, Craigslist, and Letgo allow you to exchange your Visa gift cards for cash.

This process wont have you paying extra charges on your visa card cash exchange.

You could also consider other e-commerce trader-friendly sites that allow you to sell off your Visa gift cards for cash without paying any fees at all.

Another option you could explore to turn Visa cards into cash is selling through an app.

While some gift cards to cash apps charge steep fees to convert visa gift cards to cash, others will take a fee based on a percentage of the amount on the gift card you wish to convert.

Apps like Raise, available on Android and iOS devices, take up to 15% commission. Although, you can be sure of getting your gift cards converted for cash fast.

If you would love to try using an app for conversion, you can also try the Prepaid2Cash app.

While their commission rates are not as transparent as Raise, this app is significantly cheaper because they offer a 92% cashback on Visa gift cards.

This translates to about 8 percent off as a commission. Another reason I love the Prepaid2Cash app is the numerous offers given to the gift card seller.

You can decide to pick other withdrawal options if you dont want cash for your gift cards.

Add Your Visa Gift Card To Your Paypal Wallet

Turn Your Visa Gift Card Into Cash 2017

There are several ways to add a source of funds to your PayPal account, and one of these is through gift cards. To do this, first, you need to add your Visa gift card to your PayPal wallet. Once you are done, you are all set to use the balance in your gift card to purchase from any merchants that accept payments from PayPal.

Also, with this option, you can transfer the fund from your Visa gift card to your linked bank account or send the money from your gift card to other PayPal accounts/users. But before you do any of these, remember that PayPal charges a transaction fee which can be equivalent to up to 3% of the amount that youre transferring.

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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.

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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Add The Balance To Your Venmo Account

Like using PayPal, another way to get cash from a Visa gift card is to transfer the balance to your Venmo account and then send those funds directly to your bank.

Keep in mind, immediately transferring money from Venmo to your bank account results in a small fee, so its best to wait a few business days so you dont pay fees.

Buying Products To Resell

You can buy $500 Visa Gift cards at Wal

I know youve probably heard about this method, but if you havent, here is how it goes.

The technique not only offers you a chance to get cash out of your Visa gift card, but you can also make some extra money. In essence, its about taking advantage of great deals.

Platforms like PayPal allow you to pay for products through prepaid gift cards, and various retailers accept online payments.

Therefore, you can make an online or in-store purchase using Visa gift cards through PayPal.

If you spot a deal that is ideal for a product you can buy, you can do so and then resell the product at a profit or at a breakeven price to get your cash.

This can be a great option if you are able to get cheap deals for useful products that you can later resell.

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Selling Your Visa Gift Card

If you have a Visa gift card but want cash instead, you can look into selling it and getting as much value as the card as possible.

Some of the options include: Apps, websites, gift card exchange kiosks, and friends.

Generally, most apps and websites that buy gift cards will offer you a lower price than the initial Visa gift card balance.

So, lets say you have a $500 Visa gift card. When you decide to sell it, these companies can make you an offer of buying it for $450.

You might not get the full amount, but its a pretty straightforward way of turning your Visa gift card into cash.

These are your options for selling your card and making money:

Through Apps

Dont let your Visa gift cards go to waste. You can turn them into cash with apps like Prepaid2Cash.

The Prepaid2Cash app is available for iOS and Android and makes getting cash for your prepaid cards and gift cards easier than ever before.

The app charges the lowest fees in the market, and you can choose to receive your money the next business day or in 4-5 business days.

Heres how it works:

  • Scan your card using your phones camera or enter your prepaid card information manually.
  • Pick a time get your cash delivered the next business day or in 4-5 business days.
  • Pick a place get direct deposit into your bank account, and they support multiple accounts.

Want to get cash for your Visa gift card now? Visit Prepaid2cash.com, get a download link sent to your phone, create an account, and you are ready to go.

Three: Register Or Log

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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Sell Your Visa Gift Card To A Gift Card Resale Site

An easy way to trade your Visa gift card for cash is to sell it to a gift card resale site, like:

And yes, you can even !

Now, this option isnt as good as some of the others, because you wont get the full value of your gift card. This is because these websites sell discount gift cards. So, for example, if you have a $100 gift card, you may only get $80 for it. Still though, if youre looking for cash fast, gift card resale sites can be a good option.

Sell To Someone Who Needs It

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

In case you dont get it, this is a foolproof way to convert Visa gift cards to cash. You can sell your gift cards to a friend, family, or someone around you who needs it.

Not only do you get your cash for the gift cards without having to pay a fee, but you can also be sure that theres only a slight chance of getting scammed during the whole transaction.

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Sell It To A Gift Card Site

Theres a difference between selling your visa gift cards on an e-commerce site and selling directly to a gift card site.

On an e-commerce site, youre selling directly to an end-user or another individual. But when you sell to a gift card site, you are selling to a corporation.

Sites like Gift Card Granny, GiftCash, CardSwapper, CardCash, and Gift Card Spread offer cash in exchange for your Visa gift cards.

While this option promises to be safe based on the sites accountability and integrity, youll be made to agree with their flat fees/charges depending on the amount of gift card you wish to sell.

We know they would never charge greedy fees. But you need to consider how much youll get from the Visa gift card at the end of the transaction, after deducting the fees, of course!

Some of these sites would even pay for your postage to send them the Visa gift card. But if your card is virtual, then the Visa gift card to cash exchange process is almost instant.

How Do I Add A Visa Gift Card To Paypal

If you want to add your Visa gift card to your PayPal wallet, follow these steps:

  • Login to your PayPal account.
  • Enter your Visa gift card information, which is essentially the card number.
  • This should let you add the Visa gift card to your balance.

    If you run into trouble, you can also check out this Business Insider article on how to add gift cards to your PayPal balance for steps.

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    Can I Use My Gift Card At Restaurants

    Yes. However, you should be aware that many restaurants factor in an automatic tip or other expenses above the purchase amount when authorizing card purchases. If your bill, plus the estimated tip or other expenses, exceeds the balance on the gift card, it may be declined. If this situation occurs, ask the merchant to deduct a specific amount from the card and use another method of payment for the balance.

    Use It To Get Another Gift Card

    $25 Visa Gift Card Instant Win Game

    Another option is to use the Visa gift card to buy gift cards for other brands and retailers. Perhaps you want to buy something at a place that doesnt accept your Visa gift card for purchases? Instead, you can use the Visa card to buy a gift card for a store where you want to purchase something.

    Using a Visa gift card to buy another gift card can also be a good idea if you are looking to get more for your money because sometimes you can find gift cards on sale. For example, you could find a gift card for 10% off, which means that youre getting 10% of your Visa gift card balance for free!

    You could get gift cards for stores like Walmart, Amazon, or Starbucks. Then, you can use the gift card, saving you cold hard cash that you can use however you want.

    Oh, and you can actually earn gift cards for retailers by using apps like Swagbucks and Ibotta. You can learn more about this in the Get more cash with these websites and apps section below.

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    Add A Visa Gift Card To Your Amazon Account

    So many of us shop on Amazon, right? In fact, in June 2021, it was reported that Amazon was the most visited eCommerce site with about 2.45 billion monthly visits to Amazon.com!

    Thats pretty impressive!

    Since most of us do shop on Amazon, funding our gift card balance can be such a good idea. Its basically free money to spend on the platform.

    You can use your prepaid Visa gift card to .

    Sure, its not cash that you can spend anywhere or withdraw from an ATM. It is, however, money to spend on Amazon, which frees up the money in your bank account that you would have otherwise spent.

    Lets say you want to buy something for $30 on Amazon. Instead of using your debit card, you use a Visa gift card to cover the cost. This means youve gotten $30 cash freed up in your bank account.

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