Do you want to convert your Visa gift card to cash?
If your answer is YES but you don’t know how it is done then look no further as we have you covered.
Since Visa Gifts Card always has a deadline to spend the money placed on the card by the purchaser, a lot of people want to convert it into hard cash.
Can we convert a Visa gift card to hard cash? Yes, you can convert but you can’t just go to ATM and withdraw cash.
To convert a Visa gift card to cash, you will have to use specific methods.
Also Read >> How to Convert Amazon Gift Card to PayPal?
To know what these methods are and how they work, you will have to read this post till the end.
Without any further ado, let’s get started:
- What is Visa Gift Card & How It Works?
- How to Convert Visa Gift Card Into Cash?
- 1. Visit Gift Card Exchange Websites
- 2. Add Visa Gift To PayPal Wallet
- 3. Add Gift Card To Venmo
- 4. Pay Your Bills
- 5. Use Kiosk
- 6. Sell Gift Card Using An App
- 7. Buy Money Order With Gift Card
- 8. Sell on Facebook Marketplace
- 9. Use The Reselling Method
- 9. Give Gift Cards As A Gift
- 10. Buy Items To Flip
- 11. Buy Other Merchant’s Gift Cards
- Frequently Asked Questions (FAQs)
What is Visa Gift Card & How It Works?
Visa gift cards are prepaid Visa cards that can be used to make purchases at merchants that support Visa Debit cards.
Before you use to make a purchase, make sure you snap a photo of your card number to avoid losses if the card is stolen or lost.
While using the card to make a purchase, make sure you know the amount of money remaining in your Visa Gift Cards and then select Credit and make the purchase.
To get the transaction completed, you will have to enter a PIN.
Notably, Visa Gift Card does not come with a preset PIN. Yes, you will have to create one to complete the transaction.
How to Convert Visa Gift Card Into Cash?
There are numerous ways that can be used to get your Visa gift card balance converted into cash.
Since each method is different from another, we have explained all of them separately.
Here’s how to convert a Visa gift card into cash:
1. Visit Gift Card Exchange Websites
There are plenty of Gift Card exchange sites out there but these two are quite popular because they accept almost all gift cards and provide up to 90% cashback during the process.
To convert a Visa gift card to cash, you will have to visit any of these sites and select an offer.
Once selected, you will be asked to verify the process. Once the verification process is completed, you will get your money.
2. Add Visa Gift To PayPal Wallet
The second to convert your Visa gift card into cash requires you to use a PayPal wallet.
The best thing about using a PayPal wallet it does not need you to pay additional fees.
To add a Visa gift card to your PayPal account, you will have to create an account on PayPal first.
Once created, link your bank account to PayPal.
Once you have successfully linked your bank account to PayPal, transfer your gift card balance into PayPal.
Notably, this might take up to 3 to 5 business days.
3. Add Gift Card To Venmo
Similar to PayPal, you can convert your Visa Gift card into cash by using an application, Venmo.
For the unversed, Venmo is one of the most popular mobile payment services in the United States.
Founded by PayPal, Venmo does have a feature allowing users to transfer their gift card’s balance to their bank account.
To add a gift card to Venmo, you will have to visit its official website and create an account.
Once your account is created, you will have to add your gift card and link it to your bank account.
Similar to PayPal, it might take up to 3 to 5 business days to complete the transfer process.
4. Pay Your Bills
The easiest way to use your Visa gift card fund is to pay your monthly bill.
There are numerous companies that allow people to pay their monthly bills using the Visa gift card.
Before you use your gift card balance to pay your monthly bill, make sure to contact the Customer Care of the company whose bill you want to pay.
If their answer is affirmative then you can go ahead and use your Visa gift card fund.
5. Use Kiosk
Similar to CardCash, Kiosk is a gift card exchange, which can be used to convert a Visa Gift card to cash.
To convert a Visa gift card to cash, you will have to find a machine, which is Yellow in colour and looks like Casino slots.
It is most likely to be found in grocery stores in your nearby location.
Once you found a machine, you will have to enter your gift card details like card number and expiry date.
When you do so, you will be given the option to receive a cashback offer.
After accepting the offer, you are required to print the voucher and approach a nearby cashier.
When you get there, he will give you cash in exchange for the voucher.
Also Read >> How to Add Visa Gift Card to Venmo?
6. Sell Gift Card Using An App
The easiest way to convert a Visa gift card to cash is using an application.
There are multiple apps where you can get cash in exchange for Visa gift cards.
Some of the most popular apps are — Raise, Gift card Granny and Prepaid2Cash.
Regardless of which app you opt to get your gift card converted into cash, you will have to pay a certain amount of commissions.
Yes, unlike the other methods that we have mentioned above, this method is paid.
7. Buy Money Order With Gift Card
If you are looking for an easy and quick way to convert your Visa gift card to cash, you can buy a money order with it.
Before you skip reading this post and purchase a money order, let me tell you that it must be issued by either your bank or a speciality institution.
You can get it issued through Walmart and some grocery services as well.
Before you approach anyone to buy a money order via your Visa gift card, make sure your card has sufficient funds in it.
8. Sell on Facebook Marketplace
If you don’t want to try any of the above-mentioned methods to convert Visa gift cards to cash, I highly recommend you sell them on Facebook Marketplace.
Yes, Facebook Marketplace is one of the best places to sell unwanted and non-reloadable gift cards and get cash.
To sell a Visa gift card on FB Marketplace, all you need to do is join the Marketplace and upload a couple of high-quality photos of your card that you want to sell.
While uploading photos, make sure to mention the amount of money your card has.
If someone contacts you to buy your gift cards, make sure they have a good rating.
If the buyer does not have a good rating and wants to buy your gift card, I advise you to ignore that person or you are most likely to be scammed.
9. Use The Reselling Method
This method of converting gift cards into cash requires you to buy a product from a store and resell it.
All you need to do is visit stores like Walmart or Target and find items that are marked down and buy them.
This is usually during the Holiday season (November and December).
Once purchased, you will have to sell those products on Amazon or other online retailers.
This is a kind of drop-shipping but a lot of people are doing this to make money online.
If you have a Visa gift card then you can use them to earn cash.
9. Give Gift Cards As A Gift
This method might not get you cash but when you gift your Visa gift card to someone as a gift, it will be considered a Cash gift.
You can give Visa gift cards as a gift to people celebrating their birthdays, wedding anniversaries and festival.
The best thing about giving it as a gift to someone is it serves as a cash gift and the people who you gifted can use it to buy an item that they love the most.
10. Buy Items To Flip
Unlike other methods, this method of converting gift cards to cash is a bit difficult and time-consuming.
However, if you want to give it a try then you can use your gift card and buy items.
Before you buy any item, make sure you have done your research on that item or product.
Once purchased, you will have to flip it for cash.
If you buy an item that is quite popular on online retailers, you will have your item sold in no time.
11. Buy Other Merchant’s Gift Cards
Buying popular merchant’s gift cards using your Visa gift card is the easiest way to receive cash.
To do so, you will have to wait for a moment when online retailers like Amazon launches gift card deals.
During gift card deals or sales, Amazon often provides 20% or more discounts on gift cards.
So, if there is any sale going on, you can buy a $100 gift card at $80.
If you are an Amazon Prime member, you could get an additional discount on it.
These were some easy ways to convert your Visa gift cards to cash. As soon as we discover more methods, we will update this post.
Frequently Asked Questions (FAQs)
Q1. Can I Add A Visa Gift Card to Cash App?
Ans: Unfortunately, the answer is NO. Cash App currently does not accept the Visa Gift card or prepaid cards.
There are plenty of users who reported that whenever they tried to add a Visa Gift Card to Cash, they encounter an error that says ‘Prepaid cards are not supported by Cash App and cannot be added as a payment method on Cash App.”
Q2. How Do I Check A Visa Gift Card Balance?
Ans: There are multiple options that can be used to check your Visa Gift Card balance.
The easiest option to check your gift card balance is to either call the toll-free number or visit the Gift Card issuer’s website.
To know who is the issuer of your gift card, you will have to make a call on a number mentioned on the back of your card.
Q3. Do All Visa Gift Cards Have a Fee?
Ans: Yes, all Visa gift cards have a fee depending on their values.
According to reports, an Visa Gift Card of $10.00 to $74.99 value has a $2.95 fee.
Q4. Can I Turn Visa Gift Card into Cash?
Ans: Yes, you can turn or convert your Visa Gift Card to cash. To know-how, you can read the methods that we have mentioned above.
Q5. Can You Use Visa Gift Card Across The World?
Ans: Yes, Gift Card is quite popular across the world and they can be used anywhere where Visa is accepted.
Q6. Can You Get Cash From A Vanilla Visa Gift Card?
Ans: Unfortunately, the answer is NO. All you can do is transfer a Vanilla gift card to popular payment platforms like PayPal and Venmo.
Q7. How Do I Transfer a Visa Gift Card to My Bank Account?
Ans: To transfer a Visa gift card to your bank account, you will have to create an account on PayPal and Venmo first.
Once created an account, you will have to link your gift card to your bank account.
Once linked, you will have to wait because the transfer process might take 3 to 5 business days.
Q8. What Types Of Visa Gift Cards Are There?
Ans: There are a total of seven different types of Visa Gift Cards available on the internet. You can buy them by visiting their official website.
Here are all types of Visa Gift Cards:
- Vanilla Gift Card
- Gift Card Mall
- Commerce Bank
- Navy Federal Credit Union
Q9. Are Visa Cards International?
Ans: According to reports, Visa Gift Cards are being used in over 200 countries across the world.
If you travel across the world, you can use a Visa credit card almost everywhere in the world.
Q10. How Do I Activate My Visa Gift Card?
Ans: To activate your Visa Gift card, you can use the following methods:
- Calling the Number on Your Card
Activating Your Card Online
- Using Your Card Safely
That’s everything you need to know about how to turn a Visa gift card into cash.