Making A Purchase With Your Visa Gift Card
- What if I change my mind and want to cancel a purchase?
If a merchant cancels a purchase transaction for you, it may take three to seven business days for the cancellation to show up on your Visa Gift card record and for the funds to be credited to your card and available for use. Check the balance on your card, either online or by phone, to see when your cancelled purchase transaction has been processed. Refer to the back of your card for the web site address/phone number of the financial institution that issued your card.
- Why was my Visa Gift card declined?
- Your card may have expired. Check the expiry date printed on the front of your card. In this case, let the merchant know how much remaining balance you have on your card. The merchant may split the transaction and allow you to pay for part of your purchase with the Gift card, and then the remaining part of your purchase with another form of payment, such as a credit, debit or cash.
- Your remaining card balance may be less than the value of the item you wish to purchase.
- Merchants who only possess a manual imprint machine cannot accept Gift cards which have the phrase “ELECTRONIC USE ONLY” printed on the front of the card.
- Some internet merchants use fraud protection software that may decline a Gift card purchase transaction.
- Your card may not be activated or registered yet. Follow the activation and registration instructions that came with the card, or contact the card issuer
Cash Your Gift Card On Jour Cards Store
Are you struggling to find a simple route to exchange Visa cards for cash? Try Jour Cards Store. This is an online payment and games e-shop. The platform comes highly recommended with a 4.3-star rating on Trust Pilot.
They offer several services including the exchange of Visa gift cards for liquid cash. The store uses online currency through platforms such as PayPal and Bitcoins.
Jour Cards gives you 80% of the total value of your Visa Gift Card, and take the remaining 20% as commission. Before the deal goes through, the company tests your card for viability through their exchange department.
Jour Cards store will either wire your money to your e-wallet or account email. The whole process takes around 1 to 3 days.
Other Jour cards offers include steam wallet gift cards.
Transfer The Amount To Paypal
A great way to convert your Visa gift card to cash is to use PayPal to transfer the money.
You can add Visa gift cards to PayPal and then use the balance as cash at retailers that accept PayPal as payment.
Its one of the easiest methods to use to exchange Visa gift cards for cash if you have a PayPal account so definitely consider using this method.
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Can You Take Money Off A Gift Card
Sadly, probably not. You can’t 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 that’s 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.
Sell Gift Card On Raise App
One way to convert a Visa gift card to cash is to use an app. There are many apps that buy the card from you, then resell it for a profit. This method can be a fast way of converting those Visa gift cards into cash.
However, a word of caution to bear in mind. The fees involved can be high which means this method is best if no others are available or if you need the cash quickly.
A great app to use is offered by Raise. The Raise app is available on App Store and Play Store. Once downloaded you can easily sell your gift cards, but Raise does take a 15% commission. When you sell a gift card on Raise you can get paid via PayPal, check, or straight into your bank account.
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Types Of Visa Gift Cards
Visa offers seven different gift cards, each of which you can buy on their main website. These are similar to a Visa debit card in that you can transfer money onto individual cards.
You use these instead of cash just like you would a debit or credit card, but you dont have to link the card to your bank account. A Visa gift card is already preloaded with money.
Once you buy the gift card, you must determine the amount the maximum tends to be around $500.
Keep in mind third parties provide you more specific information on these gift cards Visa works directly with these companies.
The Visa gift cards available are as follows:
- Vanilla Gift Card
- Navy Federal Credit Union
The Vanilla Gift Card is one of the most common ones. You can use this card for non-contact transactions, which include orders over a website, phone, and mail.
The card only works with any store that accepts Visa cards, mainly based in the United States.
What Cards Does Cash App Support
Cash App is actually very good at supporting a wide variety of cards. That also means all major debit and credit cards are supported, including Mastercard, Visa, American Express, and Discover, among many others.
But heres the interesting part. Prepaid cards are also supported, but, the thing is, depositing to these cards doesnt work. That still means that you can use them to transfer money from them to the Cash App account.
What Cash App doesnt support, however, is PayPal, ATM cards, and, Business debit cards.
PayPal is definitely the most widely used and the most popular payment and money transfer platform in the world. But PayPal is also Cash Apps direct opponent, not only with its main offering but also with Venmo, which PayPal holds, and that does a similar job to what Cash App does.
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How To Convert Visa Gift Cards To Cash
There are a bunch of different ways to get your Visa gift card balance converted to cash. In a few cases, theyll let you end up with actual cash in your hand, while others will let you treat the card as if it were cash in terms of how you use it.
There are a few ways though that involve a transfer of the Visa gift card to your bank account. From there, youll then be able to withdraw the money as cash.
Want to get started with a free $5 Visa gift card? Simply and youll get a free $5 welcome bonus, which you can then convert into a Visa gift card
Whichever option you choose though, the outcome is the same. So it just becomes a question of which one is easier for you.
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.
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Transfer Visa Gift Card To Bank Account Through Moneygram
MoneyGram is the second largest money transfer company. They are fast, affordable, reliable, and most importantly safe. Get ready to transfer visa gift card to Bank account by visiting MoneyGram website and following the steps below
#1. Sign up to create an account at MoneyGram
Once you open the MoneyGram website, click the Sign up button, fill in your email address, provide a strong password and sign up.
Go to your email and verify that youve successfully created an account.
#2. Click Send Money at the MoneyGram website
At the top menu bar of the website, click the Send money icon and it would take you to a page where you are required to fill in the payment details. Which includes
- Amount to be sent
- Select Debit or Credit card
- Select the Account Deposit or Debit card deposit option.
Make sure that your visa gift card is linked to your bank account you are sending the money to.
#3. Fill in Bank Details
Youd be taken to a page where youd fill in your bank details after sending the payment information. Here youd enter
- Receivers Name
- Card information
After entering these information, click Next and your money transfer would be processed. Viola! In few minutes youd have transfered money from your visa gift card to bank account.
Note that MoneyGram charges a fee based on the amount youre sending. And fortunately their fee is ridiculously cheap. $1.99 for amounts less than $200. For amounts above $200, it charges $1.99 + 1% of the transferred amount.
Try Visa Gift Card Cash Back
If you have a Visa card and are wondering if you can get hard cash from it, the simple answer is probably not. Withdrawing from an ATM requires you to key in your PIN .
And, because Visa gift cards do not have PINs, then you cannot get a cash advance on a visa gift card. Only prepaid cards can be used to get cash from an ATM or to claim cashback offers.
However, depending on a stores rules, you can go for cash back. Simply purchase using your gift card and return the item for cash. I have to warn you though, not many stores support this and you may be found in contravention of return policies.
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Final Thoughts On Converting Visa Gift Cards To Cash
Visa gift cards are pretty flexible in terms of how you can use them. Given that theyre accepted anywhere that also takes Visa credit cards, you already have a huge array of options on where to spend the balance on your gift card.
But its true that sometimes having cold, hard cash is preferable. Its easier to track as part of your overall liquid net worth, for example, and youre not limited in case you plan to use the money somewhere that a Visa credit card wouldnt work.
In those cases, one of the options on this list will definitely help you out. Just keep an eye on the fees to make sure theres not a more affordable option for what you intend to do with the money.
But once youve decided how to proceed, in only a few clicks, that money will be yours!
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What Is A Visa Or Mastercard Gift Card
Visa or Mastercard gift cards are often sold by stores as part of a promotion. They usually offer higher rewards, immediate discounts, or mail-in rebates as part of the promotion. The discounts usually mean the purchaser makes a profit as the discount is often higher than the card purchase fee.
As well as receiving a discount, some cards give up to 5x more points or cash back at participating stores. A combination of discounts, promotions, and bonuses can mean some Visa or Mastercard gift cards give a fantastic return to the purchaser.
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How To Redeem Your Gift Cards
- 1: Collect all your gift cards that still have small balances on them.
- 2: Log in to your account. Create one if you don’t have an Amazon account.
- 3: Go to the and select ‘Redeem an Amazon Gift Card’.
- 4: Grab one of your gift cards and enter the claim code. If you are unsure what the claim code is, follow this guide: The amazon claim code consists of 14 or 15 characters . You don’t need to type the dash . If you have physical cards, peel the coating and find the 14 or 15 characters claim code on the back of the card. For a printed gift card, you can find the claim code on the receipt. Double-check the claim code every time you enter one.
- 5: Hit ‘Apply to your balance.’
- 6: The balance in the gift cards will be added to your Amazon gift card balance.
- 7: Repeat all the steps for other gift cards you have.
Buy A Money Order With The Visa Gift Card
Places such as Walmart let you purchase a money order using a Visa gift card. Keep in mind this can vary depending on the location, so make sure to call the Walmart you are going to visit to make sure this option is available in your area.
Once you receive your money order, you can deposit it into your bank and use it as cash. If you arent sure how a money order works, check out this article by Nerd Wallet. It goes through everything that you may need to know before getting started with getting a money order.
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Add Your Visa Gift Card To Paypal Wallet
PayPal Wallet is a phone app thatallows you to pay with a PayPal account.
It is called a wallet because youcan add your cards to this app and use them when making payments through thisapp.
One way to get cash from a visa gift card is to add the visa gift card to your PayPal wallet.
Once added then you can send itthat another PayPal account that you are holding.
Afterward, you can use a PayPaldebit card to withdraw the cash.
In case you dont have anotherPayPal account you can send the money to a colleague who can withdrawal it foryou.
The only drawback with thismethod is that PayPal will charge a processing fee of 1.4%
If your PayPal wallet isconnected to your bank account then that is much better as you can thentransfer the money to your bank account.
Unfortunately, sometimes it maytake up to five business days to reach your bank account.
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.
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Activate Your Visa Gift Card
To activate a Gift Card Granny Visa gift card, visit our Activate Visa page and enter in the 16-digit gift card number and 3-digit security code.
If you obtained a Visa gift card from another provider, there should be a phone number you can call or a website you can visit to activate your card. Make sure the gift card information is handy when you make the call or visit the website.
Why Cant I Get Cash Off A Visa Gift Card
Gift cards are marketed as gifts, whereas prepaid cards are typically marketed as an alternative to a traditional checking account. This distinction is important because the latter type of card can be reloaded with additional funds, be used to get cash from an ATM or allow the holder to get cash back from retailers who support this.
To activate prepaid cards, you typically need to provide personal information such as your name, address, date of birth and social security or drivers license number. Merchants are also required to report suspicious purchases and track individuals buying large amounts of prepaid cards for five years. Gift cards, on the other hand, can be purchased and activated anonymously. As a result, anti-money laundering laws prevent gift cards from being used to get cash or from having a value over $1,000.
Below are a couple of scenarios to help you understand the reasoning behind this.
1. Clean Cash. A thief uses stolen money or money from drug sales to buy a prepaid card, then goes to an ATM to withdraw cash from the card. The money is now clean, but because the card has to be registered and merchants are required to track purchasers of prepaid cards, the bank has a potential way to identify the person laundering money. Since gift cards dont need to be registered, cashing out is not allowed.
Those are just a couple of examples and not even the worst.
Happy Gift Carding!
~Shelley Hunter, Gift Card Girlfriend
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