Converting the cards into cash might be a little challenging because they cannot be used at ATMs. Thankfully, there is still a way to obtain cash from a Visa gift card using certain technical tricks that I will explain to you in this post.
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4 Easy Methods to Convert a Visa Gift Card to Cash
1. Sell Your Gift Card:
Selling your gift card is one of the greatest methods to turn a Visa gift card into cash. You just sell it on websites like Facebook Marketplace or CashCash, where you may acquire an exact cash amount without having to meet the seller in person.
However, bear in mind that selling a Visa gift card is an easy way to receive cash for your card, even though doing so may result in some loss of face value.
2. Use Digital Wallets:
PayPal and Venmo are two digital wallets that you may use to exchange your Visa gift card for cash. To utilize those platforms, take the following actions:
- Connect the Gift Card. You need to make sure that the Visa gift card website has your address linked to it.
- You then need to use your computer or phone to log into your PayPal account. To add your gift card details, click the wallet symbol and select Debit and Credit Cards.
- It’s time for you to transfer cash now that you have completed those two steps. Transfer the funds from your gift card to another one of your own PayPal or Venmo accounts. Verify the information and any applicable fees before transferring the cash.
3. Buy a Money Order:
This method is very simple, you can follow the steps below.
- Begin by going to places like banks, credit unions, Western Union, Walmart, and other money transfer outlets, or any other stores that offer money orders. To purchase the money order, use your Visa gift card.
- Make careful to input the exact amount and provide your name as the receiver and sender when you purchase the money order. Until you receive the money order, do not sign the opposite side of the document.
- Once the money order arrives, deposit it in at your bank. It’s simple for you to convert the money on your gift card into cash since many financial institutions treat money orders the same way they do cheques.
4. Gift Card Exchange Kiosk:
- Simply start by visiting a shopping mall, supermarket, or other retail location that has a gift card exchange kiosk.
- By looking at the list of acceptable cards, you must confirm that the kiosk accepts Visa gift cards. It’s crucial to confirm that your Visa gift card is suitable because I’ve seen certain kiosks that only take particular kinds of gift cards.
- And then inquire about specifics about any related costs from the kiosk attendant or review the information panel on the kiosk.
- Enter your desired amount of cash together with the card number and expiration date on the screen at the kiosk.
- The deals that are currently available for your Visa gift card will then be shown. The kiosk will print you a voucher to be presented to a cashier for payment if you accept an offer.
- Now take the voucher to the cashier for your cash.