How Can I Get Cash From A Vanilla Visa Gift Card
How to convert Visa gift cards to cashUse your Visa gift card to buy other merchants gift cards. Add it to your PayPal wallet. Add it to your Venmo account. Pay your bills with your Visa gift card. Go to a Gift Card Exchange Kiosk to trade it in. Sell your Visa gift card through an app. Convert your Visa gift card to cash by selling it to a website.More itemsJul 9, 2020
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.
Sell Your Visa Gift Card To A Gift Card Resale Site
An easy way to trade your Visa gift card for cash is to sell it to a gift card resale site, like:
And yes, you can even !
Now, this option isnt as good as some of the others, because you wont get the full value of your gift card. This is because these websites sell discount gift cards. So, for example, if you have a $100 gift card, you may only get $80 for it. Still though, if youre looking for cash fast, gift card resale sites can be a good option.
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Swap Gift Card For Cash
A simple way to exchange a gift card for cash is to swap the card for the cash amount. You may have friends or family members that need to buy something and can use that specific gift card towards it. As they were going to spend the money anyway, they could just use the gift card instead of cash.
This is a win for you as you now have the cash in your bank account to use yourself.
Offering this deal to friends and family may work better when you know specific events are happening that usually include gift-giving. This could be Christmas, birthdays, weddings, etc. At these times ask around to see if anyone can make use of a gift card in exchange for the cash.
One reason people may decline is that the gift card balance isnt high enough. For example, the gift card balance is $50 but they plan to spend $100. This is OK. Simply let them know that retailers can usually do a split tender transaction. A split tender transaction means part of the balance is paid using a gift card and the rest can be paid with cash.
Swapping a gift card for cash in this way is a great method as it means you get the full amount of cash. That cash can now be used for savings, investing, or paying off debts.
Can I Get Cash Back From Venmo At Walmart
Yes, you can get cashback from Venmo at Walmart, but youll need to carry your Venmo debit card. Walmart is among the stores that give the most cash back on debit cards. And the good thing is, Walmart doesnt charge any cash back fees.
Just like many other places that give $5 or $10 cash back, youll only be required to buy anything with no minimum purchase. For instance, you can buy a newspaper, a bottle of filtered water, or buy postage stamps to be eligible for cash back at a Walmart store.
Once youve picked your item, proceed to the cashier or self-checkout counter to swipe your card. A cash back option will appear to allow you to overwrite the purchase total with the cash back amount you need.
For example, if you need $50 cash back and youve bought discount meat or wonton wrappers for $10, youll pay a total of $60. Your transaction will be processed, and the amount is charged to your Venmo balance. The cashier will hand you $50 cash back or youll take the cash from the POS machine when using the self-checkout counter.
Although the daily Venmo withdrawal limit is $400, Walmarts cash back limit is $100 per transaction. That means youll need to run separate transactions if you need to get the daily allowable Venmo withdrawal limit. That can be pretty inconvenient, but its worth it if it helps you avoid ATMs fees.
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How To Move Money From Paypal Wallet To Cash App
Every cash app user has their own unique cash app Visa card number and routing number if you already have a Cash Card associated with your Cash App account.
Add your Visa card number to your PayPal account and instantly transfer the balance to it for a small fee and the funds will be immediately credited to your cash app account.
- Login to the PayPal app
- Link your Cash App debit card if you havent already, and then press next.
- Enter the amount to transfer, review the details and tap the Transfer option.
How To Link A Prepaid Card To Venmo
1. Open the Venmo app.
2. Tap the menu button the three horizontal lines in the top-left corner of the screen.
3. Tap “Settings,” the second option from the bottom.
4. Under “Preferences” in the Settings menu, tap “Payment Methods,” the second item down.
5. At the bottom of the Payment Methods menu, tap “Add bank or card”
6. In the menu that pops up, tap “Card,” the second option.
7. Type your prepaid card’s information into the corresponding fields, or tap the camera button next to the blank “Card Number” field to simply take a picture of the card and have the app auto-populate the information.
Under zip code, simply enter your own as the card isn’t officially registered to any address, it shouldn’t be an issue.
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Sell Your Visa Gift Card On Ebay Or Craigslist
You can sell your Visa gift card on eBay or Craigslist. This can be a good alternative to selling through Raise or CardCash. What makes eBay and Craigslist good is that you can decide how much you want to sell your gift cards for.
Now, you will likely have to sell the card at a bit of a discount because thats what people are after when they purchase a secondhand gift card.
Get Cash From Your Visa Gift Cards By Buying And Reselling Stuff
I have a tip for you thats a little more unorthodox. It does require a few extra steps and a bit more effort than the options above, but its still one to consider.
Basically, with this method, you use your Visa gift card to purchase stuff. Since Visa cards are accepted at a lot of retailers, you can use them to purchase everything from gift cards for other retailers to furniture to beauty products.
Then, you resell this stuff on websites like eBay, Craigslist, and OfferUp.
You can not only get back what you originally spent with the gift card in cold hard cash, but you can also get extra cash!
Look out for items that are on sale, discounted, or in the clearance section.
Lets say you purchase a bag at TJ MAXX thats worth $100, and its discounted to $70. You use your Visa gift card to purchase it and resell the bag for $90.
The customer still gets a 10% discount since the retail price of the bag was $100, but because you bought it at a discount, you make a $20 profit on the sale. This means that you not only get $70 back in cold hard cash that you can actually spend, which would have otherwise been stuck on a gift card, but you also get an extra $20!
Like I said before, this one does require a little more effort, but you can turn a Visa gift card into cash when you buy and resell items.
Add It To Your Paypal Account
If you have a PayPal account , you can add prepaid cards, including Visa gift cards, to whats known as your PayPal Wallet. When you add the funds from your PayPal prepaid card, you can shop at any retailer that accepts PayPal, or in your case, you can transfer the funds to your bank account and then cash out.
To send money from your Visa gift card to your PayPal, heres how you can do it:
- After you log into your PayPal account, look for the Wallet link, which is located at the top of your page
- When PayPal asks for your credit card details, add your Visa gift card as you would your everyday credit card and click on Link Card
Keep in mind that this only works for a personal account. If youre using a business account, you will not see the wallet option.
And, if you do have a personal account and are getting denied, then this means you will have to register your prepaid credit card so that the address on file matches your PayPal one. To do this, you can search for the issuer and type in register to see how to do it. Its not that hard, I promise.
Buy From A Physical Store And Then Return The Item
The final method is one that many may feel uncomfortable with. Its included on the list as it is a valid way of converting a gift card to cash but there are some potential risks.
First, you would need to go to a physical store and make a purchase using the gift card. Once you have bought an item, you can return it and request a refund by cash or check. You will need to tell them you no longer have the gift card which is why the refund needs to be made by cash or check.
If all goes smoothly you now have the cash amount of the gift card in your hand. However, there are some potential pitfalls including:
This method isnt the best choice as it is time-consuming plus there are moral and legal implications. However, it is a way that means you can usually end up with the full gift card balance in cash.
Provided you arent breaking any laws this might be a good method to use occasionally.
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How Do I Order A New Venmo Card
cardcardorder a newvenmoVenmo
. Similarly, how do I request a venmo card?
First, update your Venmo app on either iOS orAndroid to the latest version from the App Store or Google Play,respectively, and then you’ll find the option called “VenmoCard” in the Venmo drop-down menu. Tap on VenmoCard, and then tap where it says “Get In Line” at thebottom of the screen.
Beside above, how long does it take to get a venmo card? 5 to 7 days
In this regard, what do I do if I lost my venmo card?
Card Replacement.If you believe the Card has beenlost or stolen, you may immediately disable it throughthe Venmo app. After you have disabled the Card, orif you did not have the Venmo app available,please contact Venmo at 855-204-4090 for furtherassistance.
Is venmo card free?
There is no fee to apply for a Venmo card. Applyfor the card in the Venmo app under Settings âVenmo Card. There are no fees when you use your Venmocard for purchases. You may withdraw funds from yourVenmo balance at an ATM that displays theMastercardÂ®, PULSEÂ® orCirrusÂ® acceptance marks.
Social Security NumberVenmo
Can I Use A Credit Card On Venmo
Venmo allows you to add a credit card to your account to help fund your transactions. The process of adding a debit card to your Venmo app is just the same as that of adding a debit card. It involves the following steps.
- Tap the at the top of the Venmo app
- Navigate to under Settings, and tap Payment Methods.
- Tap Add bank or card.
- Tap add Card.
- Add your credit card information manually or take pictures with your phones camera.
There is also a new version of Venmo with the icon. If you have it, then follow the following process and add your card.
- Navigate to the You section by selecting the person icon
- Hit on the Settings gear on the top right and then hit on the Payment Methods.
- Hit Add bank or card and then tap Card.
- Add your card information manually or use your phones camera.
Unlike debit and bank accounts, using your credit card to fund your Venmo transactions attracts a 3% fee. However, Venmo does not charge transaction fees when using a credit card to purchase from authorized sellers. Also, you cannot transfer money from your Venmo account to your credit card. You can only move funds to a bank account using an eligible debit card that links to the bank account.
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Pay With Gift Card Instead Of Cash
The first way to convert a gift card into cash may seem obvious. Use the gift card to pay for something that you would normally use cash for. This means the bill is paid, but you still have the cash to spend!
Keep in mind that credit card fees may apply when paying with a Visa or Mastercard gift card. Check that first to make sure it still makes sense to pay with the gift card. If it does, then go ahead with the payment and now you have the equivalent cash remaining in your bank account.
Use The Reselling Method With Your Visa Gift Card
With the reselling method, you can buy something with the Visa gift card from a store and then sell the item online to earn cash. Since this takes a few more steps, I put this one last on the list.
To make this work, you have to purchase an item from a store and resell it. Most of the time, sellers will find items that are marked down at stores such as Walmart or Target and sell them online for a slightly higher price for profit. This normally happens after the holiday season when stores mark downs items.
Make sure to see what items are popular to sell online and then put the item for sale on places such as Amazon. This is called becoming an Amazon FBA seller.
A lot of time people will purchase the items for a discounted price and are able to sell the item for a higher price on Amazon. There are a lot of sellers making greatmoney doing this side hustle, and it could be a way for you to convert Visa gift cards to cash.
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Holding Money In Another Currency Try Wise
Venmo is a good option for making payments within the US, however, if you want to hold and spend your money internationally, the platform wont support it.
If you want a cheap and quick way to transfer money around, check Wise! In just 4 steps you can send and spend like a local anywhere you go:
Transfer To Your Bank Account Via Paypal
If this isnt a pro tip on how to get cash from a Visa gift card, I dont know what is. You can transfer a Visa gift card to the bank by simply piggy backing off the services of PayPal.
Most places these days accept PayPal as a form of payment as it can be linked to a bank account to transfer funds. PayPal is also a very convenient way to transfer funds to and from linked bank accounts and is a big hit with persons who prefer not to use credit cards.
PayPal has a feature where it allows its users to link Visa gift cards and other prepaid cards. By linking your Visa gift card to your PayPal wallet, you can use the funds to directly pay at a vendor that accepts PayPal. Therefore you can get money off a Visa gift card by utilizing typical services that incorporates PayPal.
Now to bump it up a notch, into the mind blowing category, once more: Since your PayPal is linked to your bank account, the funds from your Visa gift card can be transferred directly to your bank account.
Yestransfer Visa gift card to bank account! Utilize your PayPal account and turn Visa gift cards into cash.
That being said, nothing good on this earth is truly free. Using PayPal to get cash from a Visa gift card is no different. Typically you can expect to receive a transaction fee of up to 3% of the cash value being transferred.
In my opinion, the PayPal hack is worth every cent and can be used to get cash from a Vanilla Visa gift card or to transfer Visa gift cards to the bank on the whole.
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