How to Get Cash From a Visa Gift Card

Visa gift cards are a great way to buy things online or in-store, but there are times when you need cash in hand. Thankfully, there are twelve different ways to liquidate a Visa gift card and get the money you need.

One of the simplest ways is to sell your Visa gift card for cash locally. However, it’s important to keep in mind that you will usually lose 5% of the face value of your gift card when you do this.

1. Sell it on local selling apps

If you want to get cash from a visa gift card, you can do so by selling it on local selling apps. These apps are easy to use and allow you to sell pretty much anything for cash.

You can find plenty of options to sell your gift cards on these apps, but you should always make sure you’re dealing with a reputable company. Some of them take a commission on the transaction, while others charge a higher fee than you might expect.

One way to avoid those fees is to sell your Visa gift card to friends or family members. This will avoid the platform fees and allow you to sell your gift card for a discount. It may take a little longer to find the right person in your friend group that will trade you their gift card for yours, but it can be a great option if you’re in a rush to get money out of a gift card.

Another good option is to sell it online. You can sell your gift card for cash on websites like Raise and Prepaid 2 Cash. This will save you from any platform fees, but it can be a bit more time consuming than other options.

If you have a prepaid visa gift card, you can also transfer it to PayPal or Venmo. This is a quick and easy way to convert your gift card into cash, but you’ll have to pay a small fee when you transfer your funds from PayPal or Venmo.

This is one of the most popular ways to transfer your gift cards into cash, but it can be a bit difficult if you don’t know what you’re doing. You’ll need to set up two PayPal or Venmo accounts and send the amount from your gift card to one of them, using the other account as a payment method.

2. Sell it online

Gift cards are a great way to give and receive cash. They make gift giving a lot easier for many people, and they can also save you a ton of money in the long run. But sometimes, you just need some cold, hard cash.

If you have a Visa gift card that isn’t quite worth its value, you can sell it online for some money. This method requires a little work, but it can be a great way to get some extra cash for your unwanted gift cards.

One of the best places to sell your Visa gift card is on the Raise platform. They will buy it from you directly and pay up to 92% of the card’s value. However, they will charge you a small fee for the transaction, so be sure to check their terms before you sell.

Another option is to visit a local gift card exchange kiosk. These kiosks often accept Visa gift cards and can be a fast way to get some extra cash, but they do have fees.

The fees aren’t all that high, but they can quickly add up to a considerable sum if your card has a significant balance. It’s also worth checking the fine print on the website of the vendor you choose before you go.

Alternatively, you can also sell your card to someone in your personal circle. This can be a good way to avoid the costs and hassle of platforms, as well as to find a buyer who’s willing to offer you a better deal than you could get on an online exchange.

Finally, if you’re looking to get into flipping, you can also use your Visa gift card to buy items at a discounted price and resell them for a profit. There are 20+ apps you can download to help you get the most out of this process, so you can maximize your profits.

3. Transfer it to PayPal

If you’re looking for a way to convert your visa gift card into cash, there are several options. One of the easiest ways to do this is to transfer it to PayPal.

Adding a Visa gift card to your PayPal account will let you treat it like cash and use it at any merchant that accepts PayPal payments. This is a great option if you’re looking to get cash out of your gift cards, or if you want to send money to someone else who uses PayPal.

However, transferring a gift card to PayPal can come with some transaction fees. That’s why it’s important to keep an eye on how much you’re transferring.

Another good way to get cash from your gift card is to sell it. You can do this on various apps and websites, though they will usually charge a commission. This can be a great way to make some extra cash, but it’s best to check out their ratings before agreeing to the sale.

Finally, if you’re really short on cash, you can also purchase a money order with your visa gift card. This works the same as buying a gift card, but it’s a little bit more work.

It’s worth keeping in mind, though, that you’ll likely have to pay a higher amount for the money order than what you would with a gift card. In addition, some banks have a tendency to shut down accounts if too many money orders are deposited.

If you’re looking for a quick and easy way to get cash from your gift cards, you might want to try selling them on local selling apps. These can be a lot faster and more legit than selling them online or on Craigslist, but they will often have high fees.

4. Transfer it to Venmo

If you have a gift card that’s branded with Visa, MasterCard or American Express, you can use Venmo to transfer the funds on your card. However, keep in mind that some gift cards may not be supported on the platform.

Venmo is a digital payment service that enables users to send and receive money with friends or coworkers. It accepts a variety of payment methods, including credit and debit cards as well as prepaid network-branded cards.

While Venmo is one of the most popular digital payment services available, it’s important to understand how fees can affect your balance and transactions. If you don’t pay attention to these charges, you may end up paying more than you intended.

For example, if you link your Venmo account to a credit card and make a payment using this method, you’ll be charged a 3% processing fee from the card company. This fee is levied by the card company, not by Venmo, so it’s important to be aware of this.

If you want to avoid these fees, consider adding a bank account to your Venmo profile. This will help you avoid the 3% fee on your credit card transactions and will also allow you to transfer money faster.

You can then send money to others by tapping the “Pay or Request” button in the Venmo app and entering their email address, phone number or username. The recipient can then choose to either hold the money in their Venmo balance or transfer it to a linked bank account.

Although Venmo has a solid reputation for safety and security, there are still ways for hackers to gain access to user accounts. The most common method is to steal a user’s username and password. Hackers can then use the account to send or request payments.

5. Sell it on Craigslist or eBay

Gift cards are a great way to save money on purchases. They don’t require a bank account and can be used anywhere Visa credit cards are accepted.

Buying and selling gift cards is often a win-win scenario for both buyers and sellers. But it’s also important to make sure you’re getting the best price for your card.

A good place to sell your unwanted gift card is on Craigslist or eBay. While they might not be as lucrative as sites like Raise, you can find buyers with similar tastes that can help your gift card resale earn you cash.

You can set a price on your card and then wait for someone to buy it. You can choose to be paid through PayPal or a check, and the process is usually fast.

The downside to using Craigslist or eBay is that you’re dealing with strangers, and the chance of scams is higher. However, if you know the buyer and you’re comfortable with the transaction, this can be an effective way to get rid of your Visa gift card.

Another option is to try and get cash from your Visa gift card through a store return. While this is not always legal in all states, it can be a quick and simple way to get your money back.

If you’re looking for a better option, consider using an app that will purchase your card and resell it for cash. Some apps, such as Cardpool, will even pay you via PayPal.

Before you sell your Visa gift card, make sure to check it out to ensure that the number and PIN are still on it and it doesn’t seem tampered with. Also, be sure to keep the receipt or gift card’s number so you can file a report if something goes wrong with it.