In this article, we are going to show you a simple way on how to get cash from a Visa gift card. Visa offers prepaid gift cards and it is always amazing to receive a Visa gift card as a surprise gift, you would feel loved, won’t you? Some people may still decide to buy it from stores but whichever way, it feels good to have a Visa gift card because it is just like an extra bonus of money to spend.
Visa gift cards are monetary in nature. Even though anyone can conveniently convert a Visa gift card to cash, there are specific ways to do that.
Meanwhile, it is possible to transfer your Visa gift card balance to your bank account via online banking apps though the process is not straight forward but no need to worry because it is not as rigorous as you think.
We know how good it feels if one runs out of cash and remembers that he or she has Visa gift cards that are yet to be converted to cash, the first thing that will come to mind is How To Get Cash From A Visa Gift Card? And if that is the case, you are in the right place, I will put you through right away.
How To Get Cash From A Visa Gift Card
The methods that I have enumerated below are comparatively easy to use while some methods are more simplified than others but some of the methods allow you to transfer your gift card balance directly to your bank account. Let’s take a look at them one after the other.
1. Selling The Gift Card On The Exchange Website
One of the easiest ways on how to get cash from a Visa gift card is by selling it on the gift card exchange website such as Gift Card Granny or CardCash. It is very simple, just login to the website and you can then sell your gift card.
Interestingly, both Gift Card Granny and CardCash accept a wide range of gift cards, including the Visa card. It is very easy to exchange your Visa gift cards for cash with these exchange websites and the good news is that these exchange websites offer up to 90% cashbacks during the whole process.
Meanwhile, before you can use the exchange website, you need to choose an offer. Once you select the Visa gift card with the actual amount, then you can submit it and follow the onscreen instructions to complete the verification process.
Once you are done with the verification process, you will get paid. However, this online exchange method is comparatively cheap when compared with gift card kiosks.
N/B; The online exchange method may not work for all the Visa gift cards, and also, the offer isn’t steady as it comes and goes.
2. Add Your Visa Gift Card To Your PayPal Wallet
If you have a PayPal account and you don’t want to pay fees for the Visa gift card exchange, then, adding the Visa gift card to your PayPal Wallet is the best option.
It only requires you to sign up with the Visa gift card exchange website and connect your bank account, and you will be able to transfer your gift card balance into Paypal.
According to the norms, it usually takes about five working days to transfer Visa gift card balance to Paypal. If you use the standard transfer option, it is free but you should be keen on transferring it because some transfer methods may probably cost you about 3% of your balance, so choose your preferred method wisely.
It is recommended that you inquire from your bank first to ensure that they don’t charge extra fees for such a transaction. Now that you have understood the benefits of using Paypal to get cash from your Visa gift card, let’s look at the steps you can use to link your Visa gift card to Paypal.
How To Transfer A Gift Card Balance To PayPal Account
- Sign in to your PayPal account.
- Tap on the “Wallet” option.
- Toggle to “Link a Card”.
- Enter the card information once the provision shows up.
- Once you are done filling the information, then, submit the it.
However, if you receive an error message, it is recommended that you go and register the card first via the issuer. You can find the issuer info on the back of the gift card.
Now, toggle to the website listed, and ensure that you register the card first before going back to Paypal and repeat the above procedures and definitely, the error will be fixed.
3. Add It To Your Venmo Account
Just like PayPal, it is still possible to use the Venmo app to get cash from Visa gift cards. This is possible because the Venmo app allows you to add your gift card balance and it is the best option most especially if you want to directly transfer your gift card’s balance to your bank account.
All you need to do is to set up the account by following the onscreen instructions succinctly once you login to your Venmo account, remember to add your gift card details before linking it to your personal bank account.
It will take between one to three business days for the transfer to be completed and guess what? The standard option for the transfer is free but if you opt for Instant Transfer, it may incur charges.
However, there are possibilities that the Venmo app may decline your gift card. One of the major reasons for that is to prevent fraud related activities. But it can be bypassed by ensuring that all your bank details are correct, or better still, contact their customer service for assistance.
4. Use A Gift Card Exchange Kiosk
One of the widely used methods to convert Visa gift cards to cash is via the gift card exchange Kiosk. Finding gift card exchange kiosks isn’t a big deal, just search for machines within renowned grocery shops; the machine is usually yellow which usually resembles casino slots.
Once you see the kiosk, the machine is programmed such that it requires your card information like your card number and its expiring date. Once you are done filling the appropriate information, you will be given the options to get a cash-back.
If you accept the cash back offer, you will be required to print the voucher and bring it to the cashier. Once the cashier receives it, you can get your cash back immediately.
It is important for you to know that not all the grocery stores that have a gift card exchange Kiosk, hence to avoid wasting your time searching for it, it is recommended that you use Google search to search for grocery stores that exchange Visa gift cards for cash.
One amazing thing about Kiosk is that the exchange is almost instant unlike other methods which may take up to five days before it can be exchanged. But before using Kiosk to convert your gift card balance to cash, ensure that you read and understand the terms, if you don’t like the terms and conditions of their services, you can opt for other methods.
5. Pay Your Bills With Your Gift Card
Another amazing method that is worth giving a trial when converting your gift card balance to cash is paying your bills with your gift card. Even though you won’t get cash back, it will serve as a legal tender since it settles your bills.
Interestingly, paying your bills with a Visa gift card doesn’t involve rigorous Processes since the card has similar working principles with debit cards. In case you have a water bill or phone bill to settle, don’t hesitate to pay it off with your Visa gift card.
Using gift cards to pay bills is beneficial to all and sundry most especially to starters and people who are running out of credit because it will give you financial peace of mind once you are done paying off your bills.
6. Sell Your Gift Card Using An App
There are some apps that can be used to convert Visa gift cards to cash. It is easy but one of the disadvantages of using the app is that it incurs high commission rates which some people see as exorbitant. Though it may not be the most costly option, it is left for you to check if it is ok for you or not.
The major app where you can sell your gift card are Gift Card Granny and Prepaid2Cash.
Other Methods You Can Use To Get Cash From A Visa Gift Card Include:
- Purchase a money order with your Gift Card.
- Purchase items to flip.
- Regift the Visa Gift Card etc.
How Can I Get Money Off Of A Visa Gift Card?
Getting money from a Visa gift card is very easy, just visit any gift card exchange Kiosk to sell your card for cash. It is very easy to identify gift card kiosks because it always has bright yellow in colour and can be found in grocery stores.
Once you visit Visa gift card exchange Kiosk, insert the card details into the kiosk and you can decide to accept or reject the kiosk’s offer.
Can You Add A Visa Gift Card To Cash App?
No, Cash App doesn’t accept gift cards though it accepts Visa but it doesn’t accept Visa gift card. However, if the cash app changes its policy, which I don’t, nevertheless, if their policy changes I will definitely update you here on this page.
Can I Transfer Visa Gift Cards To Venmo?
Yes, you can transfer Visa gift cards to Venmo since Venmo accepts credit, debit, prepaid and network branded cards.