Saturday, October 15, 2022

How To Transfer Vanilla Gift Card To Bank Account

Don't Miss

How To Transfer Visa Gift Card Balance To Paypal

Can I transfer money from my vanilla card to my bank account?

Best way to transfer the Visa Gift Card balance to a PayPal account. This way you can pay as much as you want.

With these cards, money must be loaded before they can be used, and some allow you to transfer your balance to online platforms.. You can easily buy them with cash in a physical store, and you can even use your credit or debit card to pay for the transaction.. To do this, you can link the gift card to your PayPal account so that the money can be added to the balance.. Some gift card merchants allow you to purchase gift cards through PayPal.. PayPal can be used to purchase a gift card , and some gift cards also support reloading through PayPal.. In these cases, you can go through the same process than when transferring money to a bank account, but you must select a compatible Visa card instead.

What Is A Vanilla Gift Card

Vanilla gift cards are prepaid Visa debit cards ready to use at many locations. Most retail stores, restaurants, gas stations, and even online retailers accept these gift cards.

Vanilla gift cards are very convenient because they do not have an expiration date. Rest assured, Vanilla gift cards are also very safe and secure and carry little risk with their use.

These gift cards may only be used towards vendors and sellers in the United States and the District of Columbia.

Vanilla gift cards are also simple to get your hands on. Many stores like Walmart, CVS, Walgreens, and other convenience stores carry these gift cards. You may also choose any amount of money to load onto these prepaid debit cards. This convenience makes Vanilla gift cards a great option for sending someone a quick dollar.

Purchasing a Vanilla gift card for use is a simple task. If you do not wish to travel to any local stores, you can access a Vanilla gift card right at your fingertips via the Vanilla gift card website.

You can easily purchase a gift card at their website and have it readily sent to your home or the home of your gift card recipient if you are gifting a card.

Sell It On The Raise App

Another way to convert a Visa gift card into cash is by selling it on an app called Raise. Raiseis a site where you can sell your unwanted gift cards with ease.

Its really simple! All you have to do is find all your unwanted gift cards then list them to sell on the platform. Lastly, you will get paid either via Check, PayPal, or by direct deposit when someone buys the gift card.

Raise is an amazing site if you have unwanted Visa gift cards or any other gift cards from stores such as Target, Amazon, and Walmart. In addition to selling unwanted gift cards on the site, you can save money when you buy other gift cards on their site.

You can also check out their coupon section to find some of the latest deals on popular stores and brands.

Read Also: What To Do With 100k In The Bank

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 money from a visa gift card to your Bank account by visiting the 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 the 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

After entering this information, click Next and your money transfer would be processed. Viola!

In a few minutes, youd have transferred money from your visa gift card to your bank account.

There is also a limit when transferring money through MoneyGram. The limit for sending money online is $10,000 per transaction.

How Long Will It Take For The Money To Be Transferred To My Bank Account

Sell Itunes &  Amazon GIft Card Here Fast

How long the transaction takes depends on your bank. Some transfers can be completed within a few hours or on the same business day.

For most banks, though, it usually takes a few business days before you see the money in your account.

This is because you must create a new transfer-to account online, which can take up to 5 business days to authenticate.

After that, it can take another 2 business days to receive the money in your account.

Also Check: Does Chase Bank Offer Overdraft Protection

Rollover The Gift Card Funds To Your Bank Account Via Paypal

Payment processing apps and mobile wallets are among the fastest rising payment transaction and management systems in popularity and convenience. But possibly their best feature is their support for multiple payment options.

For instance, PayPal allows you to link multiple bank accounts, credit and debit cards, and other financial accounts. Additionally, its accepted in most business outlets as a secure and reliable payment option. Even better, you can exchange gift cards for extra PayPal credit funds.

To roll over gift card funds into a bank account, you must first add the prepaid gift card to your PayPal wallet. After that, you can use the money for purchases and other transactions where PayPal payment is accepted.

Moreover, PayPal allows you to transfer the money in your wallet to any of your linked prepaid and bank accounts or send it to other PayPal users. However, expect to take a transaction fee cut of approximately 3% of the transaction value to transfer gift cards to a bank account through PayPal.

If youre wondering how to add a gift card to your PayPal wallet and then transfer the funds to a bank account, heres a straightforward way to go about it:

  • Sign up for a new PayPal account or log in if youre already a PayPal user
  • Navigate to the top of the page and click the Wallet tab
  • Visit the Card Cash website and tap on the Sell gift cards tab
  • Transfer Visa Gift Card To Bank Account Venmo

    You can also transfer gift cards to a bank account using Venmo. Venmo is an online bank just like PayPal. To transfer a gift card to a bank account using Venmo, follow these simple steps:

    • Open a Venmo app for yourself
    • Add your payment and bank details and then click send.
    • The transfer will be completed

    Also Check: How To Send Money To Bank Account From Cash App

    Add The Gift Card To Venmo

    You can also use Venmo to transfer a Visa gift card to your bank account.

    Check out the following steps for the linking process:

  • Open the Venmo app on your iOS or Android device.
  • Log in using your email, username, or mobile number, then type your password to sign in.
  • Go to the Settings, then select Payment Methods under the Preferences tab.
  • You can now choose it as a payment method when purchasing items.

    It’s also possible to deposit the money into your bank account for free. To do this, you need to choose the Standard and not the Instant Transfer option. When you select the Standard method, you can receive the money within three business days.

    Some users report that Venmo shows a warning message regarding fraud prevention. Other cards may also request a zip code connected to the gift card.

    If you experience those issues, you can contact the company at 812-4430. You can also submit a request at Venmo Help Center.

    Sell Visa Gift Cards Through A Website Or An App

    How to turn Visa debit or gift card into cash using PayPal or Venmo

    We have several options for selling our unwanted gift cards in exchange for cash.

    CardCash is a somewhat popular gift card marketplace that lets you buy and sell gift cards.

    Heres how to trade a Visa gift card for cash:

  • Log in to your PayPal account
  • Fill in the required fields
  • Its a straightforward and quick method that generally takes one business day. However, it can be very expensive.

    The cost for you is a minimum of 10% of the gift cards value! Plus, the fees and rates for gift card exchange vary from company to company.

    You can get paid by check, ACH deposit, or by PayPal.

    Apart from specialized websites, there are also plenty of apps that can help you sell gift cards for a fee. One of them is also Prepaid2Cash.

    You can choose from instant transfers that cost 15% + $1.50 fee and next business day transfers that take a 7.5% processing fee and also a $1.50 deliver fee.

    To sell your first gift card with the Prepaid2Cash app:

  • Choose transaction method
  • Connect your bank account
  • You have two ways of adding a bank account to receive your gift cards cash easy, using Plaid and manual, by inputting your account and routing numbers.

    READ NEXT: Does Cash App Have Buyer Protection?

    Recommended Reading: How Safe Is Online Banking

    How To Transfer Money From My Vanilla Card To Bank Account

    Vanilla gift cards offers a convenient way to pay for goods and services online and also offer money to friends and family. If I have a Vanilla card and urgently need the money in it, knowing how to transfer money from my Vanilla card to bank account can be useful in such situations. Once in your bank account, you can use the money to pay for bills, transfer to other accounts or even withdraw at an ATM.

    Vanilla gift cards come loaded with money. The amount of money available in the card is usually specified by the buyer when purchasing the Vanilla gift card online.

    What is you purchase the Vanilla gift card and afterwards, you don’t use it? How can you get cash from a Vanilla gift card? A great way to get cash from a Vanilla Visa gift card is to transfer its balance to a bank account.

    That said, in this article, I will show you how to transfer money from a Vanilla card to bank account.

    CHECK ALSO: 16 legit Ways to Get Free Gift Cards

    Pay Bills Using Your Visa Gift Card

    Aside from cash and credit cards, you can also pay your bills using Visa gift cards. Almost any store that accepts Visa debit allows you to use such gift cards.

    Although you cant technically put the balance on your bank account, youll be able to use it like a debit card. You just need to present it to the cashier or insert the card into a reader.

    Make sure to register your card to avoid difficulties during checkout.

    Some of the establishments that accept Visa gift cards:

    If you want to be sure whether the stores will accept it or not, you can call them before leaving the house. This way, you can avoid going back and forth once you discover that they dont accept gift cards.

    You May Like: Can You Open Us Bank Account Online

    How To Use A Vanilla Card

    There are various ways you can use a Vanilla gift card as long as it has sufficient balance. You can use it to purchase goods and services at a retail store. You can swipe it at the register and deduct the spent amount when paying.

    There is also a possibility to transfer money from a gift card to a bank account, as we shall see later.

    What Are Gift Cards

    Buy Bitcoin Via Visa Card / Buy Vanilla Visa Gift Card with Bitcoin ...

    Gift cards are forms of prepaid debit cards that carry a pre-loaded amount of money for various online payments or purchases at specific merchant outlets. Besides the convenience of a debit card, a gift card offers the added flexibility of being used on multiple accepted outlets.

    Moreover, gift cards present several other security perks over cash gifts and payments. For instance, registering a gift card online allows you to track a lost card and freeze the balance.

    Don’t Miss: How To Send Money From Bank To Venmo

    How Much Does A Vanilla Card Cost

    There is no specific cost for the card. As I mentioned earlier, you can choose one from various amounts offered by the company. The following are various gift cards you can get from the company.

    • $50 Vanilla Visa card price $50.00
    • $75Vanilla Visa card price $75.00
    • $100 Vanilla Visa card price $100.00
    • $150Vanilla Visa card price $150.00

    What Are The Benefits Of Having A Virtual Card

    A virtual card, as the name suggests, exists only digitally in your phone. However, similar to traditional cards, it does have card number and CVC to use for online/in-store purchases.

    Also referred to as disposable cards, virtual cards seem to be more convenient than traditional onces due to many reasons such as:

  • Virtual cards are safer than traditional physical cards and you dont need to worry about losing them anywhere.
  • Also, the cards limit the amount per purchase or transaction. This is to control how much you can lose in case the details fall into the wrong hands.
  • The data is encrypted and each transaction generates one-time payment code which become useless after the transfer is done.
  • Moreover, there is no physical card information can be accessed by hackers.
  • The virtual cards can be used to control all your online subscriptions.
  • You can keep a check on your spendings via official account and quickly cancel a transaction as well.
  • Also, the virtual cards can easily be de-activated or unsubscribed from, if need be.
  • Recommended Reading: Can Banks Take Your Money

    Add The Gift Card To Paypal

    You can add a gift card, debit, or credit card to your PayPal account by going on a computer and doing the following:

  • Enter the cards number
  • Enter the expiration date
  • Enter your debit card number
  • Enter your cards expiration date
  • You should be able to transfer the gift card balance to your Cash App balance. You can then use the app to pay for stuff in-store or online or to transfer it to your bank account.

    But first, how do we add a bank account to Cash App? Follow these steps:

  • Tap the Profile Icon on the home screen
  • Select Linked Banks
  • Tap on Link Bank
  • Follow the instructions
  • After you add your bank account or debit card to Cash App, transfer the money to Cash App and then you can Cash Out your balance.

  • Enter the card number, expiration date, CVV
  • Add your ZIP code
  • You can now choose to transfer your funds from the gift card via Venmo to your bank account. To add a bank account or a debit card to Venmo, follow the same steps outlined above.

    You can choose from a standard money transfer that will take a couple of days and is free and an instant transfer that will cost you 1.75% of the transfer amount.

    How To Transfer A Vanilla Gift Card To A Bank Account

    How To Turn Visa Gift Card into Cash Using Paypal

    Getting a Vanilla gift card as a gift or on a special occasion can be a great surprise. Anyone would love that extra bonus of money to spend.

    Perhaps you needed some money on a card quickly and have decided to get that money into your account. Regardless of your purchasing reason, Vanilla gift cards are beneficial for many people for many different reasons.

    There are many different ways to use a Vanilla gift card. Whether this is at gas stations, restaurants, retail stores, or anywhere Visa debit cards are accepted, your Vanilla gift card will have you covered.

    What if you decide that money would be better served in your checking or savings account? Getting your Vanilla gift card balance transferred to your bank may seem difficult but it is not a daunting task. Lets look at this in more detail.

    Read Also: How Good Is Pnc Bank

    Add Your Gift Card To A Venmo Account

    You can add your Vanilla gift card to Venmo just like you have done on PayPal. You thus use it to fund your transfer to a bank account. The following is how you can transfer money from Venmo to a bank account.

    • Log into your Venmo account.
    • Tap the menu icon in the top left corner.
    • Choose the option Transfer to Bank.
    • Choose the amount to transfer.
    • Hit on the Transfer button.
    • Select the Confirm Transfer to Bank button.

    Follow Additional Instructions From The Prepaid Card Company And Perform The Transfer Online To Your Bank Account

    Every prepaid card provider will have a slightly different set of instructions so make sure to follow them carefully.

    At any point, if youre unsure of what to do, your prepaid card provider should have a customer service hotline that you can call for help. Heres an example of the detailed instructions provided by the Key2Benefits Prepaid Card website.

    You May Like: Does Credit Report Show Bank Accounts

    How To Transfer Money From Paypal To Your Bank Account

    If youre looking for a way to move money from your PayPal account to your bank account instantly, there are a few options available. One option is to transfer money through PayPals online service. Another option is to use a third-party money transfer service like Western Union. Whichever method you choose, make sure that you understand the fees involved and that the money will reach your bank account in a timely manner.

    More articles

    Popular Articles