How to Turn Visa Gift Card into Cash | Simple Steps to Convert

Do you want to know how to turn Visa gift card into cash? Here is an important article that will answer every question that you have been asking about the process.

Turning of Visa Gift Card to Cash is usually required whenever you have the gift in your wallet and you want to use it for shopping purposes, while you are in need of money for other things.

If you have ever experienced this kind of situation and you considering what next to do, the best option is to convert it into real money and then transfer the money to your bank account. See How to Turn Target Gift Card to Cash.

How to Turn Visa Gift Card to Cash

There are processes involved in turning Visa gift cards into cash just like you can do for other gift cards. It requires that you must follow every step carefully to the end. How to turn Visa Gift Card into Cash include the following:

1. Visit an ATM

The fastest way to convert a Visa gift card to cash is to visit an ATM. Simply visit an accredited ATM and deposit the card into the machine to make a cash transaction.

Yes, you may have to pay fees this way – but you’ll walk away with cash that you can use anywhere, and you won’t have to wait several business days for the money to clear.

2. Use Your Prepaid Visa Gift Card Like Cash

You don’t need to convert a Visa gift card to use it for everyday transactions.

For example, you can use this card to pay bills like utilities, food, and housing costs. Simply enter the information when making a payment and the items will be deducted from your Visa gift card balance.  You can also use it at stores like Walmart, Home Depot, and your local supermarket.

3. Sell Your Visa Gift Card

Want to get rid of your card altogether? Visit sites like Prepaid2Cash and CardCash to liquidate prepaid cards. These sites can transform prepaid cards from Visa, MasterCard gift cards, and cards from other leading merchants like Best Buy, Nike, and Target, to name just a few examples.

You might also want to look into doing the same on Craigslist. If you choose to go in this direction, be on the lookout for scams.

Selling your card online is a great option if someone gifts you a card from a retailer that you don’t like or never would typically go to.

For example, someone may give you a gift card to a sporting goods store even though you haven’t played basketball in ten years. See How to Check Visa Gift Card Balance.

In that instance, you might be best off liquidating the card, taking the money, and putting it towards something you actually want.

4. Buy Money Orders

Another way to convert Visa gift cards to cash is to buy a money order. Simply visit the post office or banking kiosk, purchase a money order, and then deposit that into your checking account or use it to pay for a certain item.

Of course, to do this you’ll need a bank account from a financial institution. Just be careful not to do too many of these transactions or the bank may get suspicious and shut down your account.

5. Buy and Flip Products

Some consumers like to get creative when using Visa gift cards, and flipping products is one way to generate cash. For example, you could buy low-cost items online with a gift card and sell them on sites like eBay and Amazon to make a few bucks.

This approach is time-consuming and somewhat risky as you may not make your money back in full. However, if you play your cards right, you could earn back more than your original amount.

6. Add Money to Your PayPal or Venmo Account

Some people also convert Visa gift cards to PayPal wallets or Venmo wallets for flexible online usage.  Transferring money to a digital wallet can provide greater flexibility when making online transactions.

Just watch out for transaction fees when moving money out of your PayPal account and into your bank account.

7. Sell Your Card to Someone You Know

Suppose you’re out with a friend and really need cash. You could offer to sell the card to a friend straight up or for a slight discount.

If you have already used the card, make sure to check the latest gift card balance so that you trade the card for an accurate amount.

The last thing you want to do is offer a $50 card only to have $30 or less remaining. That’s an easy way to lose a friend.

8. Invest the Money

Perhaps the smartest thing you can do is to link the card to a brokerage account and invest the money. For example, $100 could buy you a few stocks, bonds, or funds. If you invest the money wisely, you could grow the original sum into a much greater amount over time.

This is an excellent option for someone who doesn’t need the money right away and would rather put it toward long-term use.

One savvy method is to take an old gift card you’re never going to use, liquidate it, and then transfer the money directly into an investment account.

9. Re-gift the Card

There’s nothing worse than rushing around last minute to get to a party or wedding and not having a gift to bring. Keep your Visa gift card in a back drawer and use it for the next gift-giving occasion — like a wedding, birthday, or holiday.

How to transfer money from a Visa gift card to a debit card?

As you’ve probably noticed, most ways of converting Visa gift cards require a few different steps before obtaining the desired outcome. 

So yes, you can get cash into your debit card in a few of the ways we confirmed. 

  • You can add your Visa gift card to your Paypal Wallet or Venmo account and transfer the funds to your debit account afterward.
  • You can obtain a money order and then deposit the check into your chequing or savings account to use with your debit card.
  • Sell your Visa gift card (Raise, CardCash, Prepaid2Cash, GiftCardBin) and receive a direct deposit, cash, or a cheque as payment. 

Can you withdraw cash from a prepaid Visa card?

Yes, you can use your prepaid Visa card to get cash back at the time of purchase or at an ATM by using your PIN.

Visa prepaid cards are different as they utilize a security pin code and are reloadable versus a regular Visa gift card. 

How to get cash from a Vanilla gift card?

If you need to get cash from a Vanilla gift card, simply follow one of the twelve suggestions above. 

Vanilla Visa gift cards operate the exact same way as other Visa gift cards, so feel free to proceed with the option that best suits your needs. 

Can you use a Visa gift card at an ATM?

Yes, but in rare cases.

Most Visa gift cards cannot be used at an ATM as a PIN is required to secure the transaction. 

However, certain banks like TIB make cash withdrawals at ATMs possible by allowing a PIN to be assigned to Visa-branded gift cards. 

The ATMs, in this case, must display one of the following logos: Pulse, Plus, STAR, or NYCE network logos. 

Can Visa gift cards be converted to the Cash App?

Yes, with a multi-step process, you can convert Visa gift cards to the Cash app using PayPal as your go-between. 

Step 1

Just as before, you will need to follow the following steps to add your Visa gift card to your PayPal Wallet:

  • Sign in to your PayPal account
  • Click the “Wallet” tab in the menu bar
  • Select the “Link a card” option
  • Input your gift card information
  • Click “Link Card“

Step 2

You will now want to transfer your funds from your PayPal Wallet to your Cash App Wallet for the final steps. 

  • To start, make sure your Cash App debit card is linked.
  • From the PayPal app, click on “Transfer money“
  • Then select “Transfer to your bank“
  • Enter the amount of money you want to move and click “Transfer“

Can you exchange a Visa gift card at Walmart?

Walmart does not allow for Visa gift card exchanges.

While a few states require Walmart to pay the small remaining balances on gift cards, which would only be a few dollars. Your best bet at Walmart is getting a money order or purchasing items to resell.

I hope you have seen all the information that you are searching for about how to turn Visa Gift Card into Cash in this article. In case of any other questions, make sure you make use of the comment section below.

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