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.
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:
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.
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 UCB 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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Faq: What Is A Vanilla Visa Gift Card
A Vanilla Visa gift card is a special line of Visa gift cards that are meant to be customized into an extra special gift. It basically takes the concept of gift card giving up a level as the cards can be designed specifically for the occasion or recipient that it is required for.
There are thousands of design options to choose from including your personalized logo or image, making it a perfect gift for all occasions or as incentives by companies.
Vanilla Visa gift cards also come in several denominations from $10 to $500 and never expire. They can be used in a similar manner wherever Visa gift cards are accepted.
Unfortunately, birthdays, Christmas and special holidays come only once a year so your gift cards from those events may be few in number. However, there are many other avenues that pay out in the form of gift cards and specifically, Visa gift cards.
Get The Prepaid Card Account Number And Routing Number
The first step to the process is to get the account number and routing number for your prepaid debit card.
This is where most prepaid cardholders get stuck in the process because they cannot locate that information. If thats you, keep reading.
Every prepaid debit card has an issuing bank. Even though its a prepaid debit card, a financial institution issued that card.
Therefore, since the card was issued by a bank, there is an account number for each prepaid card and there is a routing number for the issuing bank.
To be able to set up the transfer from your bank to your prepaid card, you will first have to get your prepaid card account number and the routing number for the issuing bank.
Some prepaid cards easily provide this information to you and it can be located in your prepaid card account online.
However, some prepaid debit cards do not make this information easily available.
Sometimes, the account number that identifies your debit card can be different from the card number.
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Simple Options To Convert Visa Gift Cards To Cash
Receiving gift cards is great but making sure youre actually able to use the balance is the best part of all. Thats why seeing how to convert Visa gift cards to cash can be a great way to make sure that you use whats on the card with the added flexibility of being able to spend the balance anywhere!
Perhaps you were given the card as a gift or you bought it as part of a promotion. The latter is pretty common, as youll often find stores that offer discounts or bonus deals if you buy Visa gift cards from them. This can, in turn, save you a good amount on the actual value stored on the card.
You could even have gotten it by having earned it yourself! Sites like Swagbucksoffer this from time to time, by letting you earn Visa gift cards for free by watching videos, playing games and searching the internet.
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But now that youve got the card, you may be struggling to figure out what to do with it. Or you could just prefer to have straight up cash to be able to use it how you want.
Can You Transfer Money From A Gift Card To A Debit Card
While you cant 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, youll have access to that cash via your debit card.
Similarly, by selling the card through an app or a website, the company that buys it from you will either transfer the money that you make to your bank account or may send you a check. Either way, the money will then be in your account and ready to be used by your debit card.
This means that while its not strictly the case that you can transfer money from a gift card to a debit card, the workarounds are super straightforward to do.
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Convert Your Visa Gift Card To Cash By Selling It To A Website
There are plenty of websites that will pay cash for your Visa gift card. In addition to the ones mentioned above that have apps for this, there are also others like Gift Card Granny, CardCash and more.
If your gift card is digital, then the process can be instantaneous. But even if you have a physical card, some of these sites will pay for your postage to send them the card, so you wont end up losing any money on that front.
Like with the apps, the sites will take a fee based on a percentage of the balance of the card, so make sure you know just how much this is before agreeing to the sale.
Also, it can be a good idea to do some searches for the site youre considering using, just to get the most up to date reviews on whether other people have had a good experience with them.
Easy Ways To Transfer Visa Gift Card To Bank Account In Less Time
- 7 minute read
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.
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Atm Deposits By Envelope
The ATM may require you to deposit the cash in an envelope which youll insert into a deposit slot. If thats the case, you may be required to fill out certain information on the envelope, including your account number and the amount of cash being deposited.
But before submitting the envelope into the deposit slot, be sure its sealed. Unsealed envelopes have been known to result in shredded cash, which can be a huge hassle.
Other ATMs may require you to submit the cash directly, since the machine may have the capability to read and count the currency youre depositing. But before ending your transaction, be sure the amount of cash counted by the ATM matches what youve deposited. Theres a least a remote possibility two bills can be stuck together and counted as one, or a bill can be misread.
If there is a discrepancy, youll need to contact the owner of the ATM. But youll need to have a record of the specific ATM where the problem occurred, as well as the approximate time and the actual amount of the deposit and the amount credited by the machine. That may take several days to clear up, and the problem may not necessarily be resolved in your favor.
Add Your Prepaid Card To Your Bank Account
Most banks and credit unions provide their customers with the option to transfer money to other accounts.
Log into your bank account and navigate to the Transfers link.
Once there, look for the external transfer option, which allows you to transfer money to accounts outside your bank.
You will be provided with instructions on how to add your prepaid card to your bank account, including your prepaid account number and routing number.
Once you enter this information, it will be saved in your bank account.
That way, each time you need to transfer money from your bank account to your prepaid card, you can just click on the prepaid debit card details and move forward without the need to re-enter the account information.
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How To Deposit Cash
Stack of 20 dollar bills with US Treasure illustrative check to illustrate coronavirus stimulus … payment on white background
While were moving towards a more cashless society, we arent there yet and sometimes you still get cash that you need to deposit.
If youre new to banking, it might be a little unnerving to know what to do. What if you only have an online bank account? What if you dont have access to a local branch? Or the branch is closed – is it safe to deposit cash into any ATM?
No need to be worried – its easy.
How Much Does It Cost
Youll pay a fee based on the amount you are sending. For amounts less than $200, MoneyGram charges you a base fee of $1.99. For amounts above $200, it charges $1.99 + 1% of the transferred amount.
For example, if youre going to send $500, the fee will be $1.99 + $5, for a total of $6.99.
You can estimate the fee before you send the money by using the fee calculator on the MoneyGram homepage.
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Complete Your Bank Details
After clicking next, youll be taken to a page like in the screenshot above. Enter your Receivers details. This will be information like your name, address and account/debit card info.
Click Next. According to the MoneyGram website, many account deposits are completed within minutes, subject to banking hours and systems availability.
Terms And Condition Of A Visa Gift Card For Successful Transfer To Bank Account
Expiration date It is important you make sure that your gift card is not expired. Check your card to know when it expires or else transferring money would be impossible
Not Transferrable It is true that there are some cards that are non transferrable. It isnt possible for others to use them. So make sure yours isnt one.
Dormant Card If your gift card havent been used for a long period then a fee may be attached to you for inactivity. Check this to avoid charges.
Adequate Funds Most Individuals end up spending more on charges and fees transferring money from the gift card to the bank account than the balance in the gift card. So to avoid losses, its better to make sure that there is more than enough money in your gift cards before you go ahead to transfer.
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Trade For Cash Using A Gift Card Exchange Kiosk
Gift card exchange kiosks are located in supermarkets and shopping malls and are typically bright yellow in color. They can be easily located by doing a quick search engine look up. These can be easily used to get cash from a Visa gift card.
Once you have identified a kiosk, you can follow the prompts on the screen to enter your gift cards information. Eventually you would receive a series of offers as a trade for your card.
If you wish you can select the cash offer, if one is presented and to your liking. A voucher would then be issued to you to take to the cashier to redeem for cash.
Though you would not be capitalizing on the full cash value of the gift card, the bottom line is you can get money off a Visa gift card by using a Gift Card Exchange Kiosk.
We have made it even easier to find a Gift Card Exchange kiosk to convert your Visa gift card to cash. Just use our Gift Card Exchange Kiosk Zip Code Search below!
All you need to do is enter your zip code in the search box and hit the button to find the Gift Card Exchange Kiosk nearest to you, ranked by real Google Reviews.
Any Way To Transfer From Visa Gift Card To My Bank Account
I am in need of $15 from my gift card, and it is not accepted as payment, so I need to put that in my bank account. Thanks.
I’ve been in this position before. Ultimately, I discovered that the easiest way to do this is to use Square. There are fees involved, but if you invite a new user both users get free processing for the first $1,000.
Does the friend have to give any bank details or spend any money?
If the Visa is a debit with a PIN buy a money order with it. Deposit the MO in your account.
It might be easiest to use it to pay a bill like a utility bill.
It is possible to liquidate Visa gift cards, and r/churning has some ideas on how to liquidate gift cards, but it probably wouldn’t make sense on a giftcard of only $15.
What most churners do is shop around their city until they find the places which will allow you to buy a money order with visa giftcards. Then they rinse and repeat to satisfy credit card minimum spends for sign up bonuses. Note: there is a fee to get a money order, and there is also usually a fee to activate a visa giftcard .
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Four: Link Your Bank Account To The Prepaid Card By Providing The Routing Number And Account Number Of Your Bank Account
To perform the transfer, most prepaid card providers will ask you to link your bank account by entering your bank accounts routing number and account number.
Your routing number is a 9 digit number that tells you where your bank account was opened. One place to search for it is at the bottom of your checkbook.
Its also known as your ABA or RTN number.
Make sure you have this ready. If you dont have the routing number of your bank account, check with your banks website.
Most banks have a page where all their routing numbers are listed. Have a look at U.S. Banks website for example.