How to Take Money Out of a Visa Gift Card

You may find yourself with a gift card balance that you’d like to get cash for. Luckily, there are plenty of ways to get that money out.

One option is to use it to pay bills online, as many utility companies will accept them. This way, you can save cash and get a much faster payment than if you used cash.

1. Sell it on eBay or Craigslist

If you have a visa gift card that you don’t need, you can sell it to get some cash. There are a few different ways to do this. One way is to use a website like Gift Card Granny, which will help you find buyers for your card. Another way is to simply sell it on eBay or Craigslist.

If you’re selling on Craigslist, you must be careful to follow the site’s rules regarding payment methods. Never post that you accept electronic payments, as Craigslist does not regulate ads for this purpose and fraud is a common problem on the site.

You can also try to sell your visa gift card on eBay or a similar auction site, but it’s important to know how to protect yourself and ensure that you are getting a fair price for the card. This is especially important when it comes to selling cards that are worth more than their face value, as there are often scams on these sites.

To protect yourself, take pictures of the web pages that show the balance of your card and share them with potential buyers. Additionally, avoid three-way calls with people asking you to verify the card’s balance on the phone.

In addition, don’t give away your phone number or email address in your ad. This can attract scammers who may call you and steal your personal information.

Once you have a buyer, contact them and ask them to make the payment using their PayPal or Venmo account. This method can be more secure than selling the card directly to a person.

If you do this, it’s a good idea to have two PayPal or Venmo accounts in your name and be sure to use one of them for payment purposes. If you don’t, someone else could use your account and steal your money.

There are a few other options for selling your visa gift card, such as visiting a local pawn shop or converting it to a money order. However, these options are less safe than other methods. This is because pawn shops are known to only return 50% of the card’s value.

2. Buy a money order

If you have a visa gift card that you aren’t using, it may be possible to take the money out of it. There are a few ways to do this, but the most popular is to visit a local bank or post office and buy a money order with it.

Many stores that sell Visa or Mastercard gift cards also accept money orders. These include the U.S. Postal Service, Walmart and some Western Union agents.

Some banks and other financial institutions also offer money order services, but these are often available only in person and aren’t free. In addition, some banks charge a fee for money orders, while others will only sell them to account holders.

The first thing you should do when buying a money order is to fill out the form correctly. Most money orders will ask you to provide your name, address and the payee’s name. They will also ask you to provide a memo line where you can note what the money order is for, such as a payment toward a debt or a purchase.

Typically, a money order has an area on the front that is labeled “purchaser,” and an area on the back where the payee will endorse it. You can also sign the front of the money order where it says “purchaser,” “from,” or “signer.” It’s important to keep track of your receipt because it will provide you with a tracking number. This will help you locate the money order if it is lost or stolen, and it can also help you cancel a money order if your plans change.

It’s also a good idea to check your bank and credit card statements to see if you are being charged any fees for purchasing a money order. Some cards issuers will consider this type of transaction a cash advance, which can result in interest charges on your credit card.

Some people choose to use prepaid Visa or Mastercard gift cards to buy money orders at grocery stores and other retail locations. However, this can be risky because certain banks have shut down accounts when too many money orders are purchased in one day.

3. Sell it on GiftCardBin

If you have a Visa gift card that you don’t want and need to take money out of it, there are several ways to do so. One of the easiest is to simply sell it on a site like GiftCardBin. This website partners with 600 businesses nationwide and lets you trade in your gift cards for cash at their location. It doesn’t matter if the cards are physical or digital, but it can be a great option for anyone in need of some extra money quickly.

You can also check with your local pawn shop to see if they’d be interested in buying your gift card for cash. They’ll likely give you a fair price for your card, though you won’t get near the full value. You should expect to get about 60%-80% of its face value, so this isn’t a good place to go if you’re looking for a substantial payout.

Another option is to post it on a website that specializes in buying gift cards. These sites typically have lower fees than other online marketplaces, so they’re a great option for selling your card to get some cash out of it.

Depending on the website, you’ll be able to get a quote for your card instantly, which can help you determine if it’s worth selling. However, you’ll likely have to wait a few days for the payment to come in. This process may also be longer if you have to mail your card in.

It’s important to remember that some of these sites charge a percentage of your gift card’s balance when you sell it, so make sure you know what you’re paying for this service before agreeing to sell it to them. In addition, you might have to pay for shipping or handling, so this can be a bit of a hit.

You can also sell your gift card on Facebook, but you’ll need to be a member of the network to do so. You can find some bargain or swap groups on the platform to post your gift cards for sale.

4. Transfer it to your bank account

If you need to take money out of your Visa gift card, there are several different ways to do it. The good news is that most of these options are fairly straightforward and easy to do. However, some require a bit of extra work to get the money you need.

One of the best ways to transfer a gift card to a bank account is to use an online service like MoneyGram. This service is free to use and allows you to send money from your Visa gift card to someone else’s bank account within a few days. The only downside is that you have to be located in a location where there is a MoneyGram agent store nearby.

Another option is to transfer the balance of your gift card via Venmo, which is a service that offers an instant way to move money from your gift card to your bank account. However, you can only do this if the gift card is not linked to a debit or credit card. This means that you might end up with a charge from PayPal on either side of the transaction, which is something to be aware of before you transfer the money.

In addition, you might also have to wait a couple of business days for the money to clear from your Venmo account before it’s sent to your bank account. This is something to keep in mind if you’re planning on using this method for large amounts of money.

You can also transfer a gift card to your bank account by selling it online. This can be done through websites such as eBay or Craigslist. The downside is that these sites aren’t always reputable, so you need to be careful when dealing with them.

If you’re not comfortable with selling your card online, you can try to sell it at a gift card exchange kiosk. These kiosks are usually found in malls and other public areas. They don’t accept all cards, though, so it’s important to read the fine print on their website before you head out there.