Thursday, August 11, 2022

Can You Cash In Gift Cards

Can You Get Cash From A Vanilla Visa Gift Card

How to Trade Gift Cards for Cash | Cheat Codes

The short answer is not exactly, but the longer answer is it depends on the method you use. Vanilla Visa gift cards are the more popular choice for consumers since its easy to use.

There is a difference between a Vanilla gift card and a prepaid reloadable one. The former cannot get cashback from local ATMs, while the latter does.

What you can do is use a Vanilla card to transfer to PayPal or Venmo. Remember they take any prepaid card from Visa, which includes these gift cards.

You can always check the balance to make sure everything is correct. Its as good a method as any to ensure you can cash from a gift card without having to use the gift card itself.

You can also use exchange kiosks, although these might be in rare locations. The kiosks do take a fair amount of money from the fees, but they are the easiest method to get your cashback from the gift cards.

If you can find any nearby grocery store with this machine, I highly recommend doing so. Its arguably one of the most dependable methods to transfer any Visa gift card to cash.

You can even sell to any merchant in the local market but beware of transaction fees. If you plan on selling a smaller card, the costs dont really add up to anything noticeable.

Visa gift cards with more considerable sums lose a good chunk through fees, so be careful when you consider this option. These fees vary depending on the vendors themselves. If they are too expensive, I suggest not going through with it and choosing another method.

How To Exchange Gift Cards For Cash

  • Copy article linkCopy link

A gift card is an easy and thoughtful holiday present and especially great for the person who seemingly has everything but sometimes the card doesnt line up with your interests or tastes. And lets be honest, sometimes you just want the cash.

You dont have to be stuck with a gift card that will sit in your wallet for a year, however, taunting you with its attractive dollar amount . Weve broken down the steps you can follow to redeem your unwanted gift cards for cash, and how to avoid potentially getting scammed in the process.

Giftcash Is A Trusted Website With Some Of The Highest Payout Rates In The Industry

  • Payout value: Up to 92% of the value of your gift card depending on the retailer.
  • Payout options: ACH, Cryptocurrency
  • Retailers accepted: More than 150 brands.

You can sell your unwanted gift cards with confidence on GiftCash.com! Although their expected payout turnaround time is among the longest on this list , youll receive communication from them throughout the process so youll always know where your transaction stands.

In the end, many users report that it only took about half as long as expected to receive their payment!

Heres an awesome Hip2Save reader testimony:

Ive used ALL of these services. Ive only ever purchased from Raise but I have sold gift cards to the other companies listed above that I wasnt using. I had a great experience with all of them and highly recommend! Heather, Hip2Save reader

Also Check: Bass Pro Shop Preferred Rewards

Give Out The Visa Gift Card As A Gift

Sometimes, you may be required to give a gift to a friend or a family member for special occasions such as weddings.

Since the prepaid Visa gift cards are usually bought in denominations of $100, $200 or $500, it can be an excellent gift and will essentially serve as cash.

Instead of giving a check, a Visa gift card is just as good.

See Related: 20 Best Side Hustle Ideas

First Check Your Balance

Whats the FASTEST Way to Get Cash for Gift Cards?

Before you throw any of your single-use gift cards away, make sure to check the remaining balance.

With almost every card, there will be multiple ways to do this:

  • Online on the vendors website
  • In store at one of the vendors outlets

Any remaining balance is good news. If it is a considerable sum, you can decide whether you want to use it to spoil yourself with something from the vendor.

If its a smaller amount, $5 or less, you may want to convert it to cash.

Read Also: How To Check Starbucks Gift Card Balance Without Security Code

Youre Our First Priorityevery Time

We believe everyone should be able to make financial decisions with confidence. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free.

So how do we make money? Our partners compensate us. This may influence which products we review and write about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services.Here is a list of our partners.

Can You Use Walmart Gift Cards On Amazon

No, you cant use a Walmart gift card at Amazon. They can only be redeemed at Walmart branded stores: Walmart, Sams Club and other stores in the Walmart family. Optionally there are websites where you can sell or trade gift cards from a variety of sources, but you lose some of the value in the transaction.

Don’t Miss: Crunchyroll Premium Gift Card

Trade Gift Cards / Exchange Gift Card

In case you have received a gift card other than the one you had targeted, you can exchange it and get your target gift card. Several stores deal with the exchange of gift cards. Even in instances when you have used some part of a gift card, you can still exchange the remaining part. You can ask people within your circle if they would consider exchanging their gift cards.

How Can I Exchange Gift Cards For Cash

YOU ASKED FOR IT! MORE APPS THAT GIVE FREE GIFT CARDS AND CASH! | Deal Finding Diva

You can exchange gift cards for cash easily by selling the unused card directly to a gift-card site like CardCash, CardKlip or GiftCash. They will buy the card from you directly. Or you could list your gift card on Gameflip or Raise. They work like marketplaces where people can bid on your card and buy it from you.

Recommended Reading: Where Can You Buy Dunkin Donuts Gift Cards

When You Cant Get Cash For Gift Cards

If you find it is impossible to get cash for gift cards youre looking to sell, dont lose hope. I have some additional tips of how you can make the most of those unwanted gift cards. In some instances you might still be able to make a little money from them but not in a way you might have expected. Here are three additional tips on what to do with unwanted gift cards.

Can You Take Money Off A Gift Card

Sadly, probably not. You cant simply take a gift card to an ATM machine and get cash immediately.

Why? Just for the simple fact that it is a gift card. However, there are plenty of options that you can do to get money in exchange for the value of the gift card.

You can likely get money off of a reloadable prepaid card. But thats not the question. We are talking about gift cards. Based on our research, the best option to get cash in exchange for a gift card is to simply sell it for a discount instead.

Also Check: Who Sells Lyft Gift Cards

With Raise Youll Get To Set Your Own Price For Your Unused Gift Cards

  • Payout value: You set the value of your gift card!
  • Payout options: Check by mail , ACH deposit, or PayPal.
  • Retailers accepted: More than 4,000 brands, though there are many brands with restrictions.

Likely one of the most well-known websites on this list, Raise.com is another great place to sell your unwanted gift cards. Its a bit different from the other websites mentioned as you have the freedom to set your own price for the sale. Sweet!

At Raise, after you enter in the amount of your card & card information, you choose your selling price , and the website will show how much you can earn from the sale after they take their cut of the selling fees. So while it may seem like you could get more for your card on Raise, dont forget to take the websites commission into account.

Looking to buy a gift card? For a limited time, get an extra 10% off all of Raises discounted gift cards when you enter promo code FIRST on your first purchase.

Buy Items You Can Resell For Cash

Can i get cash back from a visa gift card

Id mentioned earlier how I like to resell items on sites like Poshmark. Well, if I had a gift card to a retailer whose wares are popular on Poshmark, I could use that gift card to make some cash for myself. Heres what Id do.

First, Id research which kinds of clothing or accessories from that retailer people liked to buy on Poshmark. Then, Id use that gift card to buy items I plan to resell. Finally, once they arrived, I would photograph them and put them up for sale, as new with tags, on Poshmark.

So, its a roundabout way of getting cash for that gift card. But in the end, if the items sell, it would have worked.

Finally, if youre interested in signing up for Poshmark, use my link and be sure to enter the code SUDDENLYFRUGAL. That will get you $10 off your first purchase on the site.

Recommended Reading: How Much To Spend On Bridesmaid Gifts

How To Transfer A Visa Gift Card Balance To Your Bank Account With Square

wikiHow is a wiki, similar to Wikipedia, which means that many of our articles are co-written by multiple authors. To create this article, 20 people, some anonymous, worked to edit and improve it over time. This article has been viewed 604,423 times.Learn more…

Visa gift cards are not cash, but it is possible to turn them into cash using Square, a card reader for small businesses to take credit card charges. Some articles suggest using PayPal, but PayPal doesn’t always work since these gift cards can’t be verified. Square is another option, but it will cost you a percentage of the amount transferred and the cost of the reader if you purchase one . Please note that some users report Square has started to block Visa gift cards for some users. There is a possible workaround, but there is no guarantee it will work either.

Check The Balance Of Your Gift Card

Even though the Gift Card Exchange machine will verify the balance of the gift card, youll want to know for yourself before accepting an offer. Plus, the kiosk will only accept gift cards with a balance minimum of $20. The easiest way to check the balance of your gift card is to look at the back of the card and either call the telephone number or go to the website listed.

Recommended Reading: Does Cvs Sell Ebay Gift Cards

Get Cash For Gift Cards

    Many people wonder how they can get cash for gift cards. This usually comes up when they receive a gift card as a present. The gift card is to a place they dont shop or have no interest in shopping.

    Or, people may be wondering who buys used gift cards or about how to get cash for gift cards. This usually happens when theyre looking to put more money back in their budget. When money is tight, exchanging unwanted or unused gift cards for money makes a lot of sense.

    In this blog post Im going to address three solutions related to the notion of cash for gift cards. First, Ill remind you how to make the most of gift cards you already own. Next, Ill review places that give you cash for gift cards, when youre looking to sell them. Finally, Ill offer suggestions on what you can do with those unwanted gift cards when selling them for cash is not an option.

    Add It To Your Paypal Wallet

    How to Sell Gift Card for Cash | Easiest Way to Get Most Money from Selling GiftCards!

    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:

  • Log in to your PayPal account.
  • Select the Wallet option at the top of the page
  • There should be an option on the left to Link a card or bank. Youll be able to find this under any existing cards or banks you have linked. Click this and continue through the prompts.
  • When you get to the point where PayPal asks you for the relevant information, add your Visa gift card details. Then click Link Card.
  • 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.

    BOOST YOUR INCOME TODAY

    Need to make more money but dont want to waste your time?

    See what 7,800+ people said were their top ways to make money so you too can earn extra cash as fast as possible.

    Get it free for a limited time!

    Got it!

    Check your inbox to grab your free guide!

    Youll also join our mailing list to get updates on how to make and save money unsubscribe at any time at the end of each email.

    Also Check: How To Check Starbucks Gift Card Balance Without Security Code

    Check How Much Cash Your Apple Gift Card Has Using Donotpay

    Are Apples methods for checking your gift card balance too slow? Why not use DoNotPay to check your Apple gift card balance in a minute? All you need to do is:

  • Click on the Check Gift Card Balance product
  • Upload some photos of your gift card and enter your email address
  • DoNotPay can even help you get some free gift cards or check the balance on many other popular brand cards, such as:

    Easy Ways To Convert Gift Cards To Cash

    Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase or sign up through my links, at no cost to you. Please read my disclaimer for more info.

    Do you have a Visa gift card that you wish to exchange for cash? Here are several easy methods you can use to convert gift cards to cash.

    Visa gift cards are a great way of saving on shopping. Most are sold during promotions where stores offer incentives for shoppers to buy and use them. However, sometimes people need to convert a Visa gift card to cash.

    Well, no cause for alarm.

    If you wish to convert your gift cards to cash, there are numerous ways to do it.

    In this article, we will explore the most feasible ways available to convert that Visa gift card to liquid cash.

    But why would you want to convert your Visa card? Well, there are a number of reasons why someone may wish to do this.

    If you are like me and check your net worth on Personal Capital daily, you likely think gift cards are a waste of time and space. Why carry virtual money when you can have cold hard cash to invest or pay down debt?

    These Visa gift cards cannot be used to withdraw money at an ATM, which therefore makes them somewhat inflexible.

    Preferred Method for Converting Plastiq

    Our preferred method to use to convert a Visa card is with Plastiq. Its completely free to join and you can pay for anything with credit cards. Even where credit cards arent accepted.

    Free

    You May Like: Can You Use A Fandango Gift Card At Any Theatre

    Purchase A Money Order With Your Gift Card

    A money order acts very similarly to a check but you have to have it issued by your bank or a specialty institution. The good news is that Walmart and some grocery stores customer service areas now issue money orders.

    Youll have to check with each individual money order issuer, but you may be able to purchase your money order using your Visa gift card. This is no different than paying for your money order using a debit card.

    Just make sure you have enough money on the gift card to cover the balance of the money order. Then you can cash the money order or deposit it into your bank account.

    Dont Sell Gift Cards On Ebay

    Stuck With An Unwanted Gift Card? You Can Sell It For Cash ...

    EBay has always been a popular place for buying and selling things online but it might be the worst way to sell gift cards.

    First, an eBay buyer isnt likely to buy your gift card for more than 80% to 90% of its value. For a $100 gift card, you can count on a loss of between $10 and $20 right off the bat.

    On top of that, you may be responsible for eBays insertion fees, a final value fee and a performance fee if your eBay seller account isnt in good shape. These fees eat further into your earnings.

    You may be thinking, hey, dont Raise and Gameflip also have seller fees? They do. But these marketplaces specialize in selling gift cards, so the base value of your gift card is much likely to be higher on Raise or Gameflip than eBay. Also with eBay, theres no built-in way to verify your gift card code or balance making the selling and shipment process much more of a hassle.

    In short, stick with one of the five gift-card selling websites above to get the most money for that ol AppleBees gift card thats nearly fused together with your wallet.

    Don’t Miss: Who Sells Lyft Gift Cards

    Popular Articles
    Related news