Receiving gift cards is great, but making sure you are actually able to use the balance is the best part of it all. Reason why having the knowledge on how to convert Visa gift cards to Cash can be a great way to make sure what is on the card actually becomes useful to you.
This gives you the added flexibility of being able to spend the balance anywhere, not only in places that accept Visa.
A gift card is a prepaid debit card that is loaded with a specific amount and can then be used to make purchases and some other financial transactions.
Most at times, gift cards that come as a gift might turn to become unwanted gift cards since the services they work for might be of no interest to you.
Even if you have a gift card which you think is not useful to you, do not worry as you can convert a Visa gift card to Cash or PayPal - so it is time to get your unwanted gift card wherever you kept it.
This article compiles the best ways to help you convert your Visa gift card to Cash or PayPal instantly without any hassle.
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Can I Convert Visa Gift Card to Cash?
Yes you can, and the most straightforward way to convert a Visa gift card to cash is to sell it to a private individual or a website that is based in buying gift cards. But have in mind that you will not always get the full value of the card since these websites often cut off a certain percentage depending on their policies.
10 Ways to Convert Visa Gift Card to Cash Instantly
There are many different ways to get your Visa gift card balance converted to cash. In some few cases, you will end up with actual cash in your hand while other methods will let you treat the card as if it is cash based on how you use it.
As well as there are some other methods that involved transfer of the Visa gift card to your bank account, from where you will be able to withdraw the money as cash at your ATM.
Regardless of the option you choose, the outcome still remains the same but it will now depend on which one is easier and cheaper for you.
1. Sell your Visa Gift Card to a Gift Card Exchange Website
The best way for you to instantly convert Visa gift cards to cash is to use a gift card exchange service such as Gift card Granny or CardCash, which is simple as going to a website and selling your gift card.
CardCash and Gift Card Granny both accept a huge variety of gift cards, and Visa gift cards are not left out here. The most amazing part is that they actually offer up to 90% return on all transactions.
The first thing you have to do is to pick a deal and once it done, you now select a Visa gift card with enough funds in it and then submit and go through the verification process.
As soon as this is done, you will be paid for the sale of your gift card. This online option actually lets you earn more money than the more expensive rates gift card kiosks.
Always have in mind that deals come and go so it might not work with every Visa gift card.
2. Use a Gift Card Exchange Kiosk to Trade it in
Gift card exchange kiosk is another reliable way to convert Visa gift card to cash.
These machines can be found in certain grocery stores, they are often yellow, look like casino slots and produce similar noises.
You must first of all enter the card information (card number and expiration date) into the system, after which you will be given the option of getting a cash-back offer.
If you accept, you have to print the voucher and show it to a local cashier. Most at times, this all that is required to make money with this method.
Due to the fact that not every grocery store has a gift card exchange kiosk, it is a good idea to shop around first so as to avoid time wastage.
Kiosks are of great use because the facilitate the process of converting Visa Gift cards into cash.
Some other methods take a lot of time (up to several days) to execute the transaction while using a kiosk makes you obtain your money almost instantly.
Have in mind that exchange kiosks take up a little amount of your time but if you do want to use the Visa gift card then it is worth the wait.
ALSO READ: How to Buy Gift Cards Instantly
3. Add Your Visa Gift Card to Your PayPal Wallet
Adding your Visa gift card to your PayPal wallet is a cost free effective way to convert gift card to cash or PayPal instantly.
Once you have created an account and linked it to your bank account, you can now transfer your gift card balance to PayPal.
On average, this transfer process takes five business days and there are no fees provided that you choose the normal transfer option.
However, have your eyes on the transaction cause some transfer methods can cost up to 3% of your balance.
It is always necessary to check with your bank in order to make sure that you are not being overcharged.
In order to add your Visa gift card to PayPal:
- Log into your PayPal account.
- Click the "Wallet" option located on the top of the menu
- Move to "Link a Card".
- Now fill out the information in the prompts. As soon as you are done, submit the information and then you are ready to go.
4. Sell Your Visa Gift Card to Another Person
Another good way to convert Visa gift card to cash instantly is to consider selling your Visa gift card to another person that needs it.
Though this one of the fastest ways to get that amount, it is necessary you have in mind that you will have to take less money that the card balance so that the person can buy it from you.
When purchasing gift card from another person, most individuals will only pay a part of the whole amount.
The reason for this is that, they are aware that its actually easier for you to dumb the card and also the bear a small risk buying the card from someone else.
Sites like eBay or Craiglist are good options to consider in these types of sales.
5. Pay Your Bills With Your Visa Gift Card
This method stands as another excellent way to convert your visa gift card to cash.
Even though you are not exchanging the card for huge amounts of money, you are still making use of it in the same way.
Provided that there is money on the card, Visa gift cards can be used to pay bills.
Similar to debit cards, Visa gift cards feature a card number, an expiration date, and a security code number on the back but the main difference is that the cards are not linked to a bank account and instead contain a pre-programmed amount of money on them.
This lets you pay your bills directly with a visa gift card which cannot be done with practically another type of gift card.
So if you and upcoming electricity, water, or phone bill, pay it with your Visa gift card instead and then use the money you were to pay the bill with for something else.
Several individuals do not think of using their gift cards to pay their bills, but it has a lot of advantages.
6. Add Your Visa Gift Card to Venmo
Venmo is a mobile app that works in the same as the like of PayPal. It is an online payment service that lets you add gift card balances and is the preferred option if you want to instantly transfer the balance of your gift card to your bank account.
You can create an account with Venmo, add your gift card, and then link it directly to your bank account.
It takes 1-3 business days to complete the transfer, but there are no costs unless you choose the instant transfer option which comes with a little fees.
There is a possibility that Venmo rejects your gift card and one of the most common reasons for this is to prevent fraud.
In case you encounter this issue, you can solve it by amending the information associated with your bank account. They may also prefer that you contact customer assistance before adding the gift card.
7. Sell Your Visa Gift Card for Cash Through an App
You can also sell your Visa gift card on one of the several programs that will buy and resell it for you.
Though this is actually a quick way to convert your Visa gift card to cash, the fees are extremely expensive, so you should only use this as a last resort in case no other options are available.
Like for example, Raise, offers and app that does this for both iOS and Android, but it comes with a 15% commission which is quite high.
Prepaid2Cash is a similar service that offers and app for both iOS and Android and allows you to exchange your Visa gift cards for cash.
This app is different in the sense that:
- You first of all tell them the brand of the gift card (in this case: Visa)
- They then send you an offer through the app for the card
- You do not have any obligation to accept this offer if its not ok by you, but once you do, they will deposit it into your account in up to 5 business days.
8. Purchase Money Orders With Your Visa Gift Card
A money order works in a similar way as a check, except that it must be issued by your bank or specialist entity.
The good thing is that Walmart and some supermarkets now accept money orders via their customer care departments.
You should verify with each money order provider, but you might be able to purchase your money order using your Visa gift card. This is the same as using a debit card to pay for a money order.
All you need to do is to ensure that the balance on the gift card is equivalent to the balance on the money order.
From here now, the money order can be cashed or placed into your bank account.
9. Convert Your Visa Gift Card to Cash By Buying and Selling 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 (in addition to buying merchants’ gift cards).
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, there’s 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 Visa gift card.
10. Buy Other Merchants Gift Cards With Your Visa Gift Card
In case the store where you are use to shopping does not accept your Visa gift card, you can use it to buy a gift card from the place where you shop.
If you check online, you can sometimes purchase them for up to 20% off, which means you get 20% of the Visa gift card value for free.
How to Convert Visa Gift Card to Cash PayPal
In order to convert Visa gift card to Cash PayPal:
- Go to gift card exchange platforms like Card Cash.
- Place your gift card for sale.
- Add your PayPal as a Payment method.
As soon as your gift card is sold, the amount will be credited to your PayPal account balance.
Can You Transfer Money From a Visa Gift Card to a Bank Account?
Yes! you can easily transfer a Visa gift card to your bank account but the transfer cannot be completed directly and will require the use of some tricky methods.
In order to know about this process, check out this guide on how to transfer money from Visa gift card to bank account.
Can You Turn a Visa Gift Card into Cash in Hand?
There exist a few options for converting a Visa gift card into cash in hand, but most of them require you to trade your card in person, such as selling it or converting a gift card kiosk coupon into cash.
Transferring funds to your PayPal or bank account, on the other hand, is as close to having cash in your hands because you can get it when you want. All you need to do is to add the step of withdrawing it, and your are done.
Can You Get Cash From a Vanilla Visa Gift Card?
Yes! you can get cash from a Vanilla Visa gift card, though not directly.
A vanilla gift card differs from a prepaid reloadable gift card in that a Vanilla gift card cannot get money from local ATMs while a prepaid reloadable gift card does.
With a Vanilla card, you can convert money to cash by transferring it to PayPal or Venmo.
Vanilla Gift card Company sells its gift card online, so if you are interested in one, you have to visit the Vanilla Gift cards website to begin registering an account. Once on website, at the top left, you will see options to sign in or create an account.
As soon as you have created an account, you can purchase your card and will have the option of choosing from the various denominations with respect to your financial ability.
With Vanilla, you are able to customize your plastic gift card with your photo or logo while also choosing from various colors and patterns that can make the beneficiary smile.
Payment cards like debit and credit cards can be used to purchase your card. Although you cannot transfer funds from a gift card to a bank account the same way you can from a debit card, a bank account can also be used.
To make purchases on the website, you can only use credit, debit, and charge cards that have been approved for general-purpose reloadable prepaid cards.
Can You Add a Visa Gift Card to Cash App?
Cash is only compatible with Visa prepaid cards and does not accept gift cards. It is not yet known if Cash App's policy will change as time goes on.
You can check out this guide on which cards work with Cash App.
Can You Take Money Off a Visa Gift Card At An ATM?
Yes, you are able to take money off a Visa gift card at an ATM, but you can do this only if the gift card has a PIN for withdrawal.
In most cases, ATMs having the symbols PULSE, NYCE, STAR and PLUS will let you withdraw cash from your Visa gift card.
Final Thoughts on How to Convert Visa Gift Card Instantly
A gift card is a prepaid debit card that is loaded with a specific amount and can then be used to make purchases and some other financial transactions. It offers its users with a convenient way to pay for goods and services.
However, if getting cash directly from the Visa gift card is what you had prefer, then this article compiles several ways to convert the Visa gift card to cash. Hope you found this guide helpful to you!
Frequently Asked Questions
What app turns gift cards into cash?
Prepaid2Cash: Instantly turn your prepaid & gift cards into cash! Enjoy spending the money on your gift cards wherever you want.
Can I transfer a Visa gift card to PayPal?
Yes. Anywhere in the U.S. where PayPal is accepted you can use prepaid gift cards that have a Visa®, MasterCard®, American Express®, or Discover® logo on it.
What ATMS accept Visa gift cards?
The VISA Gift Card is accepted at most ATM/POS terminals that display the Pulse®, Plus®, NYCE®, or Star® logos.
How Can I Convert My Visa Gift Card?
The various ways via which you can convert your Visa gift card to Cash include;Sell your Visa Gift Card to a Gift Card Exchange Website, Use a Gift Card Exchange Kiosk to Trade it in, Add Your Visa Gift Card to Your PayPal Wallet, Sell Your Visa Gift Card to Another Person, Pay Your Bills With Your Visa Gift Card, Add Your Visa Gift Card to Venmo, Sell Your Visa Gift Card for Cash Through an App, Purchase Money Orders With Your Visa Gift Card, Convert Your Visa Gift Card to Cash By Buying and Selling Items, and Buy Other Merchants Gift Cards With Your Visa Gift Card.