Easy Ways to Convert Visa Gift Cards to Cash

There are many ways to convert Visa gift cards to cash. In this article, we'll share the fastest ways to get access to liquid cash when you need it.

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If you’re reading this, chances are you have a Visa gift card you probably received as a gift for your birthday, wedding, or as a kind gesture from a relative or friend.

You accepted it with a warm smile, but deep down, you wished it was cash instead. So now, you’re on the internet looking for ways to convert your visa gift card to cash.

Don’t worry. We’ve all been there.

The good news is, there are ways to turn them into cash that can be as simple as taking one quick scan and receiving cash as soon as the next business day.  

Don’t believe me? Let’s get right into how to convert Visa gift cards into cash.

Simple Ways To Convert Visa Gift Cards To Cash

Visa is a great company that offers gift cards, but sometimes you just hard cold cash.

You might be interested in ways to turn Visa gift cards into cash, but first, you’ll need to get your hands on some. It turns out it’s not so hard by using these free apps and sites:

It’s simple to get some free Visa gift cards, but you need to know how to liquidate these Visa gift cards.

These are the best ways to do it.

how to make money

1. Selling Your Visa Gift Card

If you have a Visa gift card but want cash instead, you can look into selling it and getting as much value as the card as possible. 

Some of the options include: Apps, websites, gift card exchange kiosks, and friends.

Generally, most apps and websites that buy gift cards will offer you a lower price than the initial Visa gift card balance. 

So, let’s say you have a $500 Visa gift card. When you decide to sell it, these companies can make you an offer of buying it for $450. 

You might not get the full amount, but it’s a pretty straightforward way of turning your Visa gift card into cash.

These are your options for selling your card and making money:

Through Apps

Don’t let your Visa gift cards go to waste. You can turn them into cash with apps like Prepaid2Cash.

The Prepaid2Cash app is available for iOS and Android and makes getting cash for your prepaid cards and gift cards easier than ever before.

The app charges the lowest fees in the market, and you can choose to receive your money the next business day or in 4-5 business days.

Here’s how it works:

  • Scan your card – using your phone’s camera or enter your prepaid card information manually.
  • Pick a time – get your cash delivered the next business day or in 4-5 business days.
  • Pick a place – get direct deposit into your bank account, and they support multiple accounts.
visa gift card to cash

Want to get cash for your Visa gift card now? Visit Prepaid2cash.com, get a download link sent to your phone, create an account, and you are ready to go.

Through A Website

Some sites simply buy and re-sell gift cards (including Visa gift cards). Here are the top ones that you can use to sell your Visa gift card today:

Here’s how it generally works:

  1. First, pick a site to sell your gift cards for cash.
  2. Enter the gift card brand (Visa).
  3. Provide the gift card balance.
  4. Submit and review your offers. Payment methods include check, PayPal, and ACH.

Selling It Near You

Another option is to find a gift card kiosk near you that’ll pay you cash for your Visa gift card. Fees may vary, but if you don’t want to try the methods above, this is another way to do it.

gift card kiosk

Keep in mind that you won’t get a cash equivalent of the total value of the gift card. However, if you want to see if you have a gift card exchange kiosk near you — you can check here.

Selling It To A Friend

One of the best ways to avoid fees and significant loss of value from selling a gift card is to sell it to a friend. 

The transaction is less stringent, and you can agree on a price that’s not too far off from the value of the Visa gift card.

Asking around in your friend group or on your social media is a great way to start.

2. Use Your Visa Gift Card To Pay Your Bills

Another option you may not have considered is simply using it to pay some bills. It’s as good as cash, after all.

Not all online payment systems will accept it, but most do. So consider paying your phone bill, gym membership, gas, groceries, or other recurring expenses with it.

It’s honestly a pretty effective way of using your Visa gift card’s full value instead of losing money when trying to sell it.

3. Give Away The Card As A Gift

Gifting a friend or family member a Visa gift card for the holidays or their birthday is a great way to offset any costs you had intended to spend on gifts. 

Let’s say you wanted to buy your friend some shoes that cost $100, but you have a couple of $100 gift cards you don’t use. You can give away one of the gift cards and forego spending cash. 

You’ll have essentially turned the Visa gift card into cash and saved some money on gifts.

They’re able to use the card on whatever purchase they’d like, and you save yourself a hundred bucks. Win-win. 

So if you were planning on buying them something, gifting them a Visa gift card might be a better alternative.

4. Link Visa Gift Card To Your PayPal Wallet

PayPal allows you to link your Visa gift card to your account just like a credit card or debit card and use it at checkout. 

What’s even better is that you can transfer your funds to your PayPal-linked bank account, essentially getting cash out of the card. 

So, how do you link your visa gift card to your PayPal wallet? Simple. Log in to your PayPal account and click on the ‘Wallet’ tab followed by ‘Link a card’ on the next page. 

It’ll open a form where you fill in the card details. 

You may have to register your billing address with the card issuer in case of an error message when trying to link the card to your wallet, but that’s about it. The process should be straightforward. 

Withdrawing the funds to your bank account is free for a standard transfer that takes one to three business days which is great if you don’t mind the wait.

If you’d like to speed up the process, you can opt for an instant transfer that attracts a 1% fee, calculated from the withdrawal value. 

5. Use Your Visa Gift Cards To Buy And Resell Items For Cash

This method requires a bit more ingenuity and a few extra steps, but it can be worth it if you have a sales spirit. 

Basically, you can use your Visa gift card to purchase items on sale at lower prices and list them on platforms like eBay, craigslist, or even your social media account for sale. 

For instance, if you find a sale on wireless earbuds worth $80 going for $40, you can use your gift card to make the purchase and resell it for $60. 

You end up getting $20 more than you spent, and you’ve successfully converted a portion of your gift card into cash. 

This works really well if you have a knack for finding the best deals, promotions, and discounts on items. 

What’s more, some online payment sites like PayPal allow you to make purchases using your prepaid gift card even without having an account, making it less of a headache when it’s time to make a purchase. 

6. Transfer Visa Gift Card To Your Venmo Account

convert visa gift card to cash

Just like PayPal, you’re able to link your prepaid gift card to your Venmo account and transfer the funds to your bank account. 

The process is straightforward and only requires that you access “Payment methods” in the “settings” section within the app. 

You’ll be able to link your card by following the prompts that follow. 

What’s great about Venmo is that it doesn’t charge a fee for a standard transfer, but if you opt for an instant transfer, it will only charge 1% of the value of the transaction, which makes it similar to PayPal (it is a subsidiary of PayPal after all).

In terms of the waiting period, standard transfers can take one to three business days for the funds to be deposited into your account, while instant transfers take 30 minutes.  

7. Use Your Visa Gift Card To Buy A Money Order

You can purchase a money order at Walmart and select grocery stores with your Visa gift card, which you can then turn into cash by depositing it into your bank account. 

Be sure to set a PIN on your gift card first because Walmart only accepts cash and debit cards for money order purchases. 

The maximum charge for purchasing a money order from Walmart is $1, making it really affordable. 

One major downside of money orders is that they can raise suspicion of fraudulent activity if done frequently, leading to account closure. 

Therefore, it doesn’t work well as a long-term strategy. Once or twice is good enough.

How To Get Cash from A Gift Card (FAQs)

Do you have a gift card that you wish to exchange for cash? Here are several easy methods you can use to convert gift cards to cash.

How To Get Money Off Your Gift Card

If you don’t want to sell your gift card, you can list it for auction on sites like eBay or Raise.

Personally, I think Raise is a better option because it specifically lets you earn cash for unwanted cards and store credits.

It’s free to list cards for thousands of brands, and you set the selling price.

You can receive funds via Direct Deposit, PayPal, or check when you sell.

“Great way to earn some extra cash selling off unneeded gift cards. Raise is my #1 pick.”

Andy D.

However your gift card won’t sell right away unless you get lucky. If you don’t want to wait and need money today, you can sell your gift card directly to a website — which we will cover next.

Can You Get Money From Selling Your Gift Cards?

The short answer is yes. You can get money from selling your gift cards.

The best sites to sell your gift cards online are Raise, GiftCash, Card Cash, and Clip Kard.

To give you an idea of the rates you would get — I entered in a $25 Walmart gift card, and here are the quotes I received:

Site$25 Walmart Gift Card
GiftCash$21.50 (86.00% of value)
Card Cash$21.38 (85% of value)
ClipKard$17.84 (71% of value)
Quotes as of March 2021

Can You Take Money Off A Gift Card?

It’s not possible to take money off a gift card straight up. Unfortunately, you can’t walk to a bank and exchange a gift card for cash.

However, you can get creative if you want to simply sell it for a discount online through selling apps or Facebook Marketplace, selling gift cards to websites (GiftCash, Card Cash, or Clipkard), or a friend locally.

How Do I Transfer Money From A Visa Gift Card To My Bank Account?

You cannot directly transfer funds from a Visa gift card to your bank account, but you can find a workaround by following the steps outlined below. 

Some of the options include: 

  1. Sell it through Apps like prepaid2cash
  2. Selling it through websites like CardCash, Raise, and Gift Card Granny
  3. Selling your Visa gift card through a gift card exchange kiosk near you
  4. Using it to pay your bills
  5. Giving it away as a gift
  6. Using your Visa gift card to buy and resell items for cash
  7. Linking your Visa gift card to your PayPal wallet
  8. Linking your Visa gift card to your Venmo account
  9. Using it to purchase a money order

Can I Convert A Visa Gift Card To Cash At An ATM?

Unfortunately, you can’t withdraw funds from your Visa gift card at an ATM. Prepaid gift cards are primarily meant to be used in exchange for goods from a merchant. 

A common characteristic of withdrawing funds from an ATM is that your credit card or debit card is connected to a checking account. 

In comparison, a Visa gift card is not connected to a checking account but rather pre-loaded with funds you use to shop. 

Additionally, Visa gift cards do not have PIN’s which is one of the main features of credit cards and debit cards. So, for now, converting a visa gift card to cash at an ATM is not an option. 

Can I Transfer Money From A Gift Card To A Debit Card?

You can’t directly transfer money from a gift card to a debit card, but you can do so by using the loopholes outlined above. 

For starters, you can sell your gift card to websites like CardCash and Apps like prepaid2cash, which will then send money to your bank account that you can access through your debit card. 

Linking it to your PayPal wallet and Venmo account also gives you the option of transferring the funds to your bank account, which you can access using your debit card. 

Lastly, purchasing a money order with your gift card and depositing it into your account gives you access to your cash through your debit card.

Conclusion On How To Convert Visa Gift Cards To Cash

I get it — you’d rather have cash any day over a Visa gift card. Sometimes that’s the only option there is. 

You might even need the cash for an emergency, and knowing how to get money from your Visa gift card can come in handy when you need some quick cash. 

Luckily, there are several ways to get cash from your gift card and spend it without restrictions. 

Some of your best options include: selling your Visa gift card, linking it to your PayPal or Venmo account, using it to buy and resell items for cash, and purchasing a money order. 

Follow the methods outlined above, and you’ll be well on your way to convert Visa gift cards to cash.

Up next:

Brian Meiggs
Brian is the founder of Gigs Done Right and has tried every side hustle under the sun. He teaches people just like you how to make money in the gig economy and has been featured in Yahoo! Finance, NASDAQ, Discover and more. He normally shares the latest news, videos, and topics for gig workers so they can earn more money in the gig economy.

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2 COMMENTS

    • Yes, this is an option but some customers have reported that some gift card network transactions fail to process as debit. So it is a hit or miss, but worth a try!

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