How To Get Cash From A Vanilla Visa Gift Card
The answer to the question of how to get cash from a Vanilla Visa gift card is the same as how to convert any Visa gift card to cash: using one of the strategies mentioned in this article.
That is, while you cant get cash from a Vanilla Visa gift card directly, nor can you transfer money or withdraw money from your Vanilla Visa gift card, there are several workarounds that have the same outcome.
Consider Using Multiple Credit Cards
Using too many credit cards at once is generally frowned upon, as this can be a sign of insolvency. However, a strong credit-card strategy can involve pairing cards to maximize benefits. For example, the TD Cash Back Visa Infinite offers 3% back on gas, groceries and recurring bills, but only 1% on everything else, while the Tangerine Money Back Card has no annual fee and offers 2% back in up to three spending categories of your choice. Strategically it would make sense to select drug stores, parking/public transit and restaurants to fill in the gaps on everyday spends without having to pay more for the better earn rate.
Add Your Partner As An Authorized User
Adding an authorized user, typically your partner, to your account can be a cost-effective way to boost your earnings on a premium card. With this setup, both cardholders accrue rewards or cash back on their spends without paying double the annual fees. If, for example, your card has a $120 annual fee, you might be able to get an additional authorized user for as little as $30 more. Some premium cards, like the SimplyCash Preferred from American Express, even let you add authorized users for free. It does bear mentioning that this requires some thought as only the primary cardholder will be responsible for paying off the balancenot the authorized users.
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Add A Visa Gift Card To Your Amazon Account
So many of us shop on Amazon, right? In fact, in June 2021, it was reported that Amazon was the most visited eCommerce site with about 2.45 billion monthly visits to Amazon.com!
Thats pretty impressive!
Since most of us do shop on Amazon, funding our gift card balance can be such a good idea. Its basically free money to spend on the platform.
You can use your prepaid Visa gift card to .
Sure, its not cash that you can spend anywhere or withdraw from an ATM. It is, however, money to spend on Amazon, which frees up the money in your bank account that you would have otherwise spent.
Lets say you want to buy something for $30 on Amazon. Instead of using your debit card, you use a Visa gift card to cover the cost. This means youve gotten $30 cash freed up in your bank account.
Converting Visa Gift Cards To Cash
These are the top ways to get cash for your Visa gift card. I hope you found this article useful.
If you wanted to find ways to make Visa gift cards you can check out these apps that pay you real money.
Do you know of any ways to get cash out of a Visa gift card that I missed?
None of the authors, contributors, administrators, or anyone else connected with My Millennial Guide, in any way whatsoever, can be responsible for your use of the information contained in or linked from these web pages.
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Sell It On Facebook Marketplace
If you are looking to convert Visa gift cards to cash consider joining Facebook Marketplace to sell them. You can check out Facebook Marketplace to sell and buy unwanted gift cards. This is a pretty awesome way to get cash in exchange for unwanted gift cards.
My recommendation for selling on Facebook Marketplace is to make sure to put up high-quality images of the gift cards you want to sell. Additionally, make sure you know the correct balance on the card before you post it.
My recommendation for buying items on is to first make sure to read reviews of the seller. Ideally, you want someone with 5 out of 5 stars.
You can see a sellers rating by clicking on the item that they are selling and looking under the sellers information. If someone has a bad rating, skip getting any items from that person to save yourself the headache.
Give The Visa Gift Card Away As A Gift
Another great way to convert Visa gift cards to cash is by giving them away as a gift. One of the great things about Visa gift cards is that they can serve as a cash gift. If you are attending a special occasion such as a birthday or baby shower, you can give a Visa gift card to the person.
The person will be able to use the gift cards like cash to purchase the items of their choice. This is a great way to give someone a gift that is similar to money. Instead of giving someone something like cash in a card, you can simply put the Visa gift card in a special card and give it to them as a gift.
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Can You Transfer Money From A Gift Card To A Debit Card
Its not generally possible to directly transfer money from a gift card to a debit card. However, some of the tips outlined above can let you do that if you add a few extra steps in the middle.
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.
Sell New Or Used Gift Cards On A Fixed
You may not able to get cash back on a Visa gift card in the traditional ways, such as at an ATM or cash back after a purchase, so you can consider selling it online.
You can sell it on sites like Raise, CardCash, Giftcard Zen, and Cardpool thatll buy your Visa gift card in exchange for cash. If your gift card is a virtual one, you can get instant cash for it.
You can also opt to cash it out through an app called Prepaid2Cash or find a gift card kiosk near you. The Prepaid2Cash app makes getting cash for your prepaid cards and gift cards easier than ever before.
Prepaid2Cash charges the lowest fees in the market and you can choose to receive your money the next business day or in 4-5 business days. It is available for both iOS and Android devices.
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Td Cash Back Visa Infinite*
With an annual fee of $120 and an earn rate of 3% cash back on gas, grocery and recurring bill payments, the TD Cash Back Visa Infinite Card is worth considering seriously.
The welcome bonus of 6% on all purchases is great, as is the included TD Auto Club membership which is basically a roadside assistance package. TD Auto Club is comparable to CAA and covers you for things such as a dead battery, tire changes, gas delivery, $200 in accident towing, $200 in emergency transportation and more.
When it comes to travel insurance, you only get travel medical coverage and delayed and lost baggage insurance which is not very comprehensive, however the welcome offer and the TD Auto Club membership are excellent perks in their own right.
- Annual fee: $120
- Welcome bonus: Earn 6% cash back on all purchases for the first 3 months, up to a total spend of $2,000. Must apply by December 5, 2021. Quebec residents, please click here.
- Earn rate: 3% cash back on gas, grocery and recurring bill payments 1% on all other purchases
- Income requirement:$60,000 or $100,000
- Additional benefits: Deluxe TD Auto Club membership some medical insurance
Buying Products To Resell
Check out the best sites for deals and coupons and see if you spot a deal on an item that you can resell for more.
Just add your visa gift card on your PayPal account and use that to make the purchase. Then once you get the product, you can use selling apps to resell the item at a profit or breakeven to get your money back. If you sell your product locally, you can get cash in a matter of days.
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Report Stolen Or Lost Cards Immediately
Report immediately stolen or lost Visa Gift Cards, as another person may be able to use them. You need the gift card account number to report your card so, you have to write down the number and keep it in a secure place.
In cases of stolen gift cards, report them to your branch office or call 1-866-902-6082 to cancel the card or replace it at a $10 fee.
Where To Get Visa Gift Cards With No Fee
Most Visa cash gift cards come with an activation fee. In the table below, you can see how much the purchase or activation fee varies depending on the cards balance:
The purchase fee varies only if the cash gift card is physical. If you have a digital Visa gift card, the activation fee is $5.95, regardless of the balance.
To avoid paying the activation fee, you should purchase a Visa gift card in one of the following financial institutions:
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Can You Get Cash Back From A Vanilla Gift Card
Can I get Cash Back from a Visa Gift Card? If you have a Visa gift card and are wondering if you can get cash from it, the short answer is probably not. Though the two cards are similar, only prepaid cards can be used to get cash from an ATM or to get cash back from a merchant. Gift cards cannot.
Get Cash For Your Visa Gift Card With Prepaid2cash
Okay, so theres an app called Prepaid2Cash that you can use to turn prepaid cards into cash. Its pretty easy to do as well. Basically, using the app, you can scan your prepaid card in seconds, transfer it directly into your bank, and receive the money in as little as 15 minutes. You can get instant or next day cash delivery.
The app can deposit your funds directly into your bank account, debit card, or Bitcoin wallet.
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Complete Your Bank Details
After you click Next, you will be taken to another page. Enter your Receivers details there. This will be data like your name, address and account or debit card information. As soon as you do this, click on the Next option. As per the MoneyGram site, many account deposits are finished in no time, subject to banking hours and the accessibility of the system.
You Can Give It As A Gift
You can also give Visa Gift Cards as a gift to your friends and family members. This gift is best when youre not sure what to buy as a birthday or Christmas present.
Weve answered the question: Can you buy something with a Visa Gift Card and return it for cash? Now, lets look at the Visa Prepaid Card and its differences from the Visa Gift Card.
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Bring Your Id And Credit Card
I took my son with me to a Gift Card Exchange machine once and he asked the obvious question, How does the machine know that theres money on the gift card? Couldnt someone just say it has $20 and get cash back? The answer is no. The Gift Card Exchange kiosk will check the balance of the gift card before accepting it. But just to avoid any potential tomfoolery, youll need to provide your mobile phone number and email address, plus scan your drivers license and a credit or debit card in order to complete the transaction.
Gift Card Exchange Kiosk Near Me
You might want to get cash from your Visa gift card as soon as possible. So how can you find gift card exchange kiosk near you?
Cardpool offers both cashier assisted and kiosk locations for you to convert your Visa gift card into cash. You can go on their website to find out the nearest places from your city or zip code.
Dont forget to bring your ID as they require it to verify a few pieces of information in order to prevent fraud.
Their process is straightforward.
You can also just go and figure out how much you can get because reselling your Visa gift card for cash using another option.
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Sell It Via Online Marketplaces
The second no fee Visa gift card strategy is to sell it via online marketplaces. It is also an excellent way to sell anything you want online. In my opinion, their most significant advantage is that you dont have to pay for shipping fees.
Youll sell your Visa gift card face to face with the buyer, so you can decide whatever payment method you desire like cash, Venmo, CashApp, Apple Pay. The options are limitless and it is a great way to make a no fee Visa gift card sale.
A few great places you can sell your Visa gift card for cash are Facebook Marketplace, Letgo, or CraigsList.
Best Ways To Get Cash For Visa Gift Card
Instead of receiving cash this year, you might have received a Visa gift card from a friend or family member, and now youre wondering what to do with it.
When we receive gift cards, we dont necessarily want to use it. A lot of times we need cash for whatever reason.
In this article, you will learn how to get cash for a visa gift card. Some of these ways takes some time, but others can sell visa gift cards online instantly.
They are many ways to get cash for your Visa gift card. And even if most of them arent free, you have the power to decide whether to get more money or to get it as quickly as possible.
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For Bonus Categories: Tangerine Money
If you want a cash-back card with no fees that is easy to understand, then the Tangerine Money-Back Card is a good choice for you. All cardholders get to choose two categories where they earn 2% cash back. If you opt to have your cash back deposited directly into your Tangerine Savings Account, then you get to choose a third category that earns you 2% cash back. All other purchases earn you 0.5% cash back.
Since this is a basic no-fee, cash-back card the other benefits are thin. However, you do get purchase assurance, which protects your purchase from loss, theft or damage within 90 days and an extended warranty that doubles your manufacturers warranty up to an additional year.
If you meet the $60,000 annual income requirement youll automatically be considered for the Tangerine World Mastercard, which comes with additional perks such as mobile device and rental car insurance.
- Welcome bonus: New cardholders can transfer balances at a low promotional interest rate of 1.95% for 6 months , plus earn an extra 10% back when you spend up to $1,000 in everyday purchases within your first 2 months. Must apply by September 14, 2021.
- Earn rate: 2% cash back on up to 3 categories 0.5% on all other categories
- Income requirement: $12,000