Friday, August 19, 2022

How To Turn Vanilla Visa Into Cash

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Sell Gift Card To A Friend

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

An easy and quick way to convert a prepaid card to cash is to sell the gift card to a friend. If you have gift cards you want to liquidate into cash, ask your friend groups if they want to buy it.

The benefit of selling a gift card this way is that you can avoid paying any commissions or fees that are normally charged when selling a gift card online.

To make it worthwhile for the buyer It would usually be a simple case of offering the gift card for a little less than the value on the card. For example, the gift card has a $20 balance, you could ask for $15 cash for it.

Pro Tip Hit up your Facebook friends for a fast turnaround time on converting your gift cards into cash. You would be surprised how many people will reply when you offer a small discount!

Using this method to convert a visa gift card to cash is quick and easy. You will have the cash straight away to use for your own needs.

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:

  • Add the card to your PayPal or Venmo account and transfer the balance to your own account
  • Get money for a voucher issued by a Gift Card Exchange Kiosk and then deposit it into your account
  • Choose an app or website to sell your gift card to that pays you through direct deposit, letting you then use the selling price as a way to transfer the Visa gift card to your bank account
  • Use the card to buy a money order, with the value of this then placed in your account
  • Add It To Your Paypal Wallet

    Another way to convert Visa gift cards to cash is with PayPal. That is, PayPal lets you add prepaid cards, including Via gift cards, to your PayPal wallet. What this means is that youre then able to treat the balance like cash, by using it to purchase things from any merchant that accepts PayPal which is most major ones, these days.

    How can I get money off of a gift card through PayPal?

    To get money from a Visa gift card to PayPal accounts, just do the following:

  • Log in to your PayPal account.
  • Select the Wallet option at the top of the page
  • There should be an option on the left to Link a card or bank. Youll be able to find this under any existing cards or banks you have linked. Click this and continue through the prompts.
  • When you get to the point where PayPal asks you for the relevant information, add your Visa gift card details. Then click Link Card.
  • Theres a chance that you may get an error when trying to do this. If that happens to you, you may have to first register the card with the issuer so an address is linked to the Visa gift card. After that, PayPal should have no problem accepting it.

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    Money In As Little As 15 Minutes

    Prepaid2Cash allowed me to finally get some value out of the assorted gift cards and rebate cards that I’ve accumulated over years.

    Prepaid2Cash has been a life saver! Some bills simply do not take prepaid cards, having the option to deposit funds into my checking account has saved me more than once. I highly recommend the service!

    I used Prepaid2Cash to convert a Visa gift card, for switching cell phone providers. The amount on the gift card was significant and P2C provided a wonderful service!

    Great company! Very customer centric and smooth transactions! I was able to quickly get cash for my Visa git card, would highly recommend over other competition.

    Prepaid2Cash is very professional in how they conduct their business. Their fees are the best online and smooth transactions make this company the best gift card for cash website!

    Prepaid2Cash is fast, reliable and cheap! Turned my American express gift card into cash, fast!

    P2C is a great service to use to convert prepaid cards to cash. The fees are reasonable and it doesn’t take long to get your money.

    Excellent customer service, ease of use and fast delivery of funds. I was able to quickly get cash for my expiring rebate cards.

    I tried Prepaid2Cash for the first time and it was super easy to set it up. I will definitely recommend this to everyone.

    Prepaid2Cash allowed me to finally get some value out of the assorted gift cards and rebate cards that I’ve accumulated over years.

    How To Track Your Visa Gift Card Balance

    Turn Your Visa Gift Card Into Cash 2017

    There are three ways you can track your Visa gift card balance. The good news is that most of these ways are also working to check your virtual Visa card balance.

    Usually, you can find a toll-free number on the back of a visa gift card. By calling this number, you can figure out what is the current balance on your Visa gift card.

    Visit The Card Issuer Website

    If you dont want to call the toll-free number, you can visit the card issuer website. You will need to access your Visa gift card to enter its numbers. I prefer this method because I can check the balance from my laptop.

    If you want to check any other gift card balance, head to my master guide.

    Ask A Merchant

    If youre making a purchase and want to know how much your Visa gift card balance is, you can ask the merchant directly. Some merchants can check your balance before you pay with your Visa gift card.

    As you might have already figured this out, you cant use this option to check out your virtual Visa card balance.

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    How Can I Get Cash For Gift Cards Immediately

    If you need cash quickly and cant wait, there are several ways to get the cash almost instantly. Sell or swap the card to a friend or family member, this means you have the cash now. Go to a kiosk and exchange the card, you can get the cash immediately from the cashier or customer service desk. Transferring cash from PayPal, Venmo, or other cash apps to your bank account can be done instantly as well although fees may apply.

    Give Them Out As Gifts

    One approach to change over Visa gift cards to cash is to utilize them like money. We referenced things like utilizing them to cover tabs, however you can likewise give them as a present. This can be an incredible option in contrast to giving somebody, state, cash in a card or a store-explicit blessing voucher.

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    Do Visa Gift Cards Work On Cash App

    Cash App does not allow VISA gift cards as a payment option since Cash App does not accept Prepaid and Gift cards. Gift Card Credit can only be used to purchase items online it cant be used in the Cash App directly but can be transferred indirectly.

    When you try to add your gift card to your account, a message will pop up displaying that prepaid cards are not supported by Cash App and cannot be added as a payment method on Cash App.

    So, if you have a $x visa gift card, you can still load the funds from the gift card to your Cash App but in an indirect and multi-step process kinda way.

    What Prepaid Cards Work With Cash App

    Can You Add One Vanilla Prepaid Visa Card To Cash App

    What prepaid cards work with cash app? Cash App works with most of the government-enabled prepaid cards along with the debit and credit cards as long as theyre from Visa, American Express, Mastercard, or Discover and registered in your name.

    However, it is best suited to use a traditional bank-issued debit or credit card.

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    Can You Transfer Money From A Visa Gift Card To Paypal

    Yes, you can easily transfer money from a Visa gift card to PayPal. First, log in to your PayPal account. Find the wallet option at the top, once selected click link a card, and follow the instructions to add the details of the gift card. Once the balance has been added you can withdraw the money to your bank account, transfer it to other PayPal users, or spend it with merchants that accept PayPal. Dont forget that fees may apply so factor that into your calculations.

    Add Your Visa Gift Card To Paypal Wallet

    PayPal Wallet is a phone app thatallows you to pay with a PayPal account.

    It is called a wallet because youcan add your cards to this app and use them when making payments through thisapp.

    One way to get cash from a visa gift card is to add the visa gift card to your PayPal wallet.

    Once added then you can send itthat another PayPal account that you are holding.

    Afterward, you can use a PayPaldebit card to withdraw the cash.

    In case you dont have anotherPayPal account you can send the money to a colleague who can withdrawal it foryou.

    The only drawback with thismethod is that PayPal will charge a processing fee of 1.4%

    If your PayPal wallet isconnected to your bank account then that is much better as you can thentransfer the money to your bank account.

    Unfortunately, sometimes it maytake up to five business days to reach your bank account.

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    What Are Prepaid Cards

    Prepaid cards can be a great way to help you manage your spending. Unlike credit cards you arent borrowing money, instead you load money onto the card, which you can then use to pay for things, as you would with any other credit or debit card.

    Prepaid cards can be a good way for children and teenagers to spend, but they arent just for kids. They can be a convenient way of spending money overseas or if you dont have a current account.

    Reselling To Get Cash From A Visa Gift Card

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

    Another expensive way to turn a Visa gift card into cash is to resell it to Visa gift card resellers.

    Most of these will charge veryhigh fees when you compare them to other methods mentioned in this article.

    You should only resort to this ifyou are desperate to liquidate these cards.

    There are companies such as Raisethat will charge you 15% of the balance on the card in commissions.

    If you want to use Raise you candownload their mobile app where you can sell your visa gift cards.

    Afterward, you can send the cardto them.

    In terms of payment, they offertwo options i.e. PayPal or a check

    Another way to resell your cardis to use sites such as eBay.

    Here at least you have somecontrol over the price as compared to sites such as Raise.

    This way you might be able to getan amount closer to the balance if you play your cards well.

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    Transfer Visa Gift Card To Bank Account Through Moneygram

    MoneyGram is the second largest money transfer company. They are fast, affordable, reliable, and most importantly safe. Get ready to transfer visa gift card to Bank account by visiting MoneyGram website and following the steps below

    #1. Sign up to create an account at MoneyGram

    Once you open the MoneyGram website, click the Sign up button, fill in your email address, provide a strong password and sign up.

    Go to your email and verify that youve successfully created an account.

    #2. Click Send Money at the MoneyGram website

    At the top menu bar of the website, click the Send money icon and it would take you to a page where you are required to fill in the payment details. Which includes

    • Amount to be sent
    • Select Debit or Credit card
    • Select the Account Deposit or Debit card deposit option.

    Make sure that your visa gift card is linked to your bank account you are sending the money to.

    #3. Fill in Bank Details

    Youd be taken to a page where youd fill in your bank details after sending the payment information. Here youd enter

    • Receivers Name
    • Address
    • Card information

    After entering these information, click Next and your money transfer would be processed. Viola! In few minutes youd have transfered money from your visa gift card to bank account.

    Note that MoneyGram charges a fee based on the amount youre sending. And fortunately their fee is ridiculously cheap. $1.99 for amounts less than $200. For amounts above $200, it charges $1.99 + 1% of the transferred amount.

    How To Turn Visa Gift Card Into Cash

    Advertising Disclosure

    If you have a Visa gift card in your possession for whatever reason it may be, you may be looking for way to turn it into cash and asking yourself, Can I get cash back from a Visa Gift Card?

    A Visa gift card is almost as good as cash as its accepted almost everywhere, but sometimes, its nicer to hand cash in hand for other reasons. I get it.

    Converting your Visa gift card into cash can be done, but you have to know how to do it because it isnt as easy as going to the bank and asking for the cash. These gift cards dont work like that, unfortunately.

    While there are a variety of ways to do so, the terms will vary for each. The good news is that you can get cash for every strategy I mention, but one method may be easier for you than it is for me. Ill leave it up to you to decide which strategy works best for you.

    So, with all of that being said, lets take a look at how you can turn a visa gift card into cash almost immediately.

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    Can You Turn A Visa Gift Card Into Cash In Hand

    There are ways to turn a Visa gift card into cash in hand, although these tend to be limited to those options when youre trading your card in in-person, such as when selling it to someone or converting a Gift Card Kiosk voucher into money.

    However, having the money added to your PayPal or bank account is as close to cash in hand as you can get. Simply add the extra step of going to withdraw it and youre on your way.

    Buy An Item And Return It Without A Receipt

    How To Turn Gift Cards Into Cash Tutorial

    Make a purchase at a store using a gift card then return it later without a receipt. Some stores will accept returns on items without a receipt and will give you cash for them. Check the stores return policy before you do this. Some stores may only take returns with a receipt.

    Also, this isnt an ideal way to turn a Visa gift card into cash as it can seem scammy in nature. Only do this if you are comfortable. Additionally, stores may credit receiptless returns with a store credit or gift card, which will defeat the purpose of trying to get the cash instead. Do your research on the policies before going through this hassle.

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    Sell Your Visa Gift Card

    You may not able to get the cash from a Visa gift card in the traditional ways like at an ATM or cash back after a purchase, so you can consider selling it online.

    You can sell it on sites like Raise, CardCash, Giftcard Zen, and Cardpool thatll buy your Visa gift card in exchange for cash. If your gift card is a virtual one, you can get instant cash for it.

    You can also opt to cash it out through an app called Prepaid2Cash or find a gift card kiosk near you. The Prepaid2Cash app makes getting cash for your prepaid cards and gift cards easier than ever before.

    Prepaid2Cash 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. It is available for both iOS and Android devices.

    Sell Your Visa Gift Card For Cash

    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!

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    Convert Gift Cards Into Cash

    Visa and Mastercard gift cards are popular for predominately two types of situation:

    • To be given as a present
    • For shoppers that want to save money as there are often incentives linked to the gift cards

    Both of these situations are adequate reasons for buying a gift card and gifting them to someone. However, if you are the recipient of a Visa or Mastercard gift card should you keep it? Or are you better off exchanging the card for cash instead?

    Incredibly, 10% to 19% of gift card balances remain unredeemed and around 6% of gift cards are never even used at all

    In many cases exchanging a Visa or Mastercard gift card for cash will be the better option. Here are a few reasons why:

    • Cash has no expiry date
    • You can spend the full amount, with a gift card you could lose any that you havent used, or if you use it online you could lose part of the balance on delivery fees
    • Cash is always acceptable, if there is a disaster you know you can buy what you need with cash
    • Cash can be used for anything including adding to savings, investments, or paying down debts whereas gift cards are limited to making purchases

    For these reasons, most of the time cash is superior to a gift card. Later you can learn 11 of the best ways to convert Visa or Mastercard gift cards into cash. Before that, what is a Visa or Mastercard gift card?

  • Convert Visa and Mastercard Gift Cards Into Cash
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