Since Visa Gift cards are monetary in nature, the question arises –Many are asking, can I turn a gift card into cash? Can you transfer the visa gift card balance into a bank account, how do you transfer your gift card balance to Paypal? How to withdraw gift card balance from ATM ..
Visa offers prepaid gift cards you can use for any special occasion. It does not matter if it’s a wedding, holiday, or a birthday these cards are a welcome exchange.
Anyone can easily convert a Visa gift card to cash, but you have to do it in a specific manner, this option to exchange your card gift card for cash it’s quite simple.
We’re going to explain; How to transfer a Visa gift card to a bank account, how you Can transfer money from a gift card to a debit card, and How can transfer a visa gift card balance to PayPal?
How To Convert a Visa Gift Card to Cash
The methods listed below are fairly easy to do. Some are more straightforward than others. A few even let you directly transfer your balance to your bank account, which can then be withdrawn as cash.
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; they’re often yellow machines that look like casino slots and make similar noises.
Buy Items to sell
This method takes a little more effort to get cash through but is still a valid option. You’re using your Visa gift card just like a credit card so you can easily buy items to sell.
You’ll have to do some research to see what items would make sense to buy and then flip for cash. Focus on popular items and items that are on sale. The last thing you want is to be stuck with a bunch of items you can’t sell.
Sell your Visa gift card on ebay or craigslist
Another option you could consider is to sell your Visa gift card to other people. While this can be one of the fastest ways to access that balance, just keep in mind that you’re probably going to have to accept less money than the balance on the card to make it worth the other person’s while to buy it from you. That is, most people will only pay slightly lower than the balance when they’re buying a gift card from someone else. This is because they know that it’s convenient for you to redeem the card like this and there’s also a small element of risk on their part.
Sites like eBay or Craigslist will work perfectly for these kinds of arrangements. Make sure you keep in mind shipping costs if you’re 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.
Add your Visa gift card to your PayPal Wallet
If you don’t want to spend money on fees, I suggest you try PayPal. Once you sign up with the website and link your bank account, you can transfer your gift card funds into PayPal.
It usually takes five business days to transfer everything, but you incur no fees if you choose the standard transfer option. Keep an eye on it though because certain transfer methods can cost you up to 3% of your balance. Always check with your bank and make sure they don’t charge you extra.:
Sell your gift card on other websites
To do this you have a do thorough research on reliable website.
- How to turn Amazon gift card into cash
- How to check gift card rate on paxful
- Steam Wallet Gift Card
- Best Gift Cards in Australia
- Types of Gift Cards
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,
Add the card to your palpay 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
How to transfer your gift card balance to Paypal.
To get money off a Visa gift card to a PayPal account, just follow the steps:
- 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”. You’ll 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”.There’s a chance that you may get an error message 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.
Can you put a Visa gift card in your bank account?
You can deposit a gift card to your bank account, although not directly. Visa gift cards are treated like Visa credit cards, meaning the balance isn’t transferable to an account.
However, as shown above, there are some roundabout ways to achieve this. For example, there are several options to transfer money from a gift card to your bank account via PayPal. All you do is follow the steps outlined above for getting the balance into your PayPal account and, from there, transfer that money to your bank account.
Can you transfer money from a gift card to a debit card?
While you can’t directly transfer money from a gift card to a debit card, there are ways to achieve this with a few extra steps. For example, if you add your Visa gift card to your PayPal wallet and then transfer that money to your own account, you’ll have access to that cash via your debit card.
Can you use a Visa gift card at an ATM?
Visa gift cards cannot generally be used at an ATM as they do not come with a PIN. That is,
ATMs only allow you to withdraw cash if you have a PIN for security reasons. This means that any card that doesn’t come with this will not be able to finish the transaction.
There are, of course, other ways to get cash from your Visa gift card, as you’ve probably seen from all the other options in this article. That said, most of them require a couple of extra steps to get to that point.
Can you transfer a visa gift card to the cash App
You can’t transfer a Visa gift card to the Cash App as this app doesn’t allow gift cards to be used as a payment option. Instead, you have to find a way to convert the Visa gift card to cash and then add that as a balance to the Cash App
Visa gift card are actually one of the best gift cards you can receive from anyone it’s often important to get more information on how it works, information such as; how to Exchange gift card for cash, how to transfer the balance into bank account or PayPal.
information like this are always vital to know so that when next you receive a Visa gift card and wants to convert it to cash you know exactly what to do.