How to Convert Visa Gift Cards to Cash (16 Best Ways that Work)

If you want to know exactly how to convert Visa gift cards to cash, this is the right article to read.

It reveals as many as 16 best ways to help you convert your visa gift cards to cash easily!

 

First things first…

Do you have some Visa gift cards lying around? If yes, then you need to use them before they waste away.

One of the ways to use them is to convert them to real cash.

There are several ways to convert gift cards to cash.

Keep reading to learn of the effective ways to convert these gift cards to cash.

 

What is a Visa Gift Card?

Visa Gift Cards are those cards branded with the use of Visa credit cards and payment services.

Visa gift cards are often sold by stores as part of a promotion.

They usually offer higher rewards, immediate discounts, or mail-in rebates as part of the promotion.

The discounts usually mean the purchaser makes a profit as the discount is often higher than the card purchase fee.

 

16 Best Ways to Convert Visa Gift Cards Into Cash

 

1. Sell Gift Cards For Cash On Websites

By selling your gift cards for cash on some websites you would be converting them into cash.

A lot of websites will offer to buy your gift cards for a lesser amount than the face value. If you accept, then the cash would be handed over to you.

For instance, if you have a Visa card with the face value of letting us say $200, the website may offer to buy the card from you for $150.

This way of converting Visa gift cards into cash is pretty common. A lot of companies are into this business.

 

2. Sell Gift Card To A Friend

You can sell your Visa gift card to a friend as a way of converting it into cash.

This is a great option as it has the benefit of allowing you to avoid fees. This method of transaction is also less stringent as you get to sell to those you know.

Ask any of your friends or family member if they can buy your gift card. If they do, then both of you can agree on a price.

Use your social media platform to find friends who may be interested in buying your gift card.

Also See: How Much Is 6 Figures?

 

3. Buy From A Physical Store And Then Return The Item

One of the unique ways to convert Visa gift cards for cash is to use them to buy items from a physical store.

If you are satisfied with the item, you can return it in exchange for a cash check.

This option is risky since not all stores may accept exchanging the returned items for cash.

However, when returning the item, you may need to tell them you no longer have the gift card which is why you need the refund to be made in cash.

The risk involved with this method may include that:

• The store doesn’t have a return policy in place,
• They may ban you if you keep making multiple returns as you would be costing them too much.
• Some places consider the return of items as illegal.

 

4. Buy And Re-Sell Items

You can convert your Visa gift cards to cash when you use them to buy and resell items.

Use your Visa gift cards to buy the items you want, then you can resell those items on platforms like Facebook Marketplaces, eBay, OfferUp, and other websites where you can sell your items locally.

This method of converting Visa cards for cash can help get more cash than what the value of the gift card offers you.

All you need do is find items that are in high demand and resell them at a higher price.

 

5. Pay With Gift Card Instead Of Cash

You can convert your Visa gift card to cash when you use it to pay for items instead of cash.

This is a top option to consider when you think of converting gift cards for cash.

However, credit card fees may apply when you pay with a Visa gift card.

So, it would be wise you check out those fees to know if it is worth paying with the gift cards instead of using cash.

Some vendors accept Visa gift cards for payments. So, take advantage of this and still keep the equivalent amount of cash for any purpose.

Also See: Importance of Retirement Planning & Frugal Living Tips for Seniors.

 

6. Add Gift Card To PayPal Wallet Online

You can link your Visa card to your Paypal wallet online.

Do this the way you do debit or credit cards.

Once you have done it, then you can use the balance just like cash.

Also, you can transfer your funds to a bank account linked to the Paypal account.

The process of linking this Visa gift card is simply: log in to your PayPal account and click on the ‘Wallet’ tab followed by ‘Link a card on the next page.

 

7. Use Gift Card Exchange

You can use a gift card exchange to convert a Visa gift card to cash.

An exchange is a kiosk or a platform where you can exchange your gift card for cash vouchers.

Then, you can also exchange the voucher for real cash with the cashier.

In many supermarkets, grocery stores, and shopping malls, you are going to find gift card exchange kiosks.

Their bright yellow color is what you can use to recognize these kiosks.

All you need to do is visit the gift card exchange or kiosk.

Next, you have to provide the Visa gift card information. In most cases, you have to provide the numbers shown on the front of the gift card.

The kiosk will allow you to scan or swipe the card to extract the details needed.

After this, you will be given a range of options to choose from.  You can now select what you want and then go to the cashier with your voucher.

The cashier will now exchange the voucher for cash.

Just search online to find a card exchange kiosk near you.

Also See: How to Save 10 grand in a Year and How to Save 3 grand in 3 Months.

 

 

8. Swap Gift Card For Cash

You can convert your gift card for cash by doing swapping. This is a simple way whereby you swap the card for the cash amount you want.

You can swap that Visa card with a friend who has the cash to give you.

It is possible that your friend needs the items specified in the gift card and you simply just have to Swap the gift card for cash.

It is like selling a gift card to your friend. However, this option is best suited when there is an event going on.

For instance, it is the best option during birthdays, weddings, Christmas, etc. Just ask if anyone has cash that you can exchange your Visa gift card for.

• Sources to Convert Coins to Cash

 

9. Add To Venmo Wallet Online

Venmo is a payment gateway that people use to make payments and receive income.

You can link or your Visa gift card to your Venmo wallet.

Once you do this, you can easily transfer the cash to your bank account.

Thereafter, you can use the transferred money as cash.

If you add your Visa gift card to your Venmo account, you will not pay any charges or fees anytime you transfer money from Venmo to your bank account.

The process is similar to how you link your Visa Gift card to your PayPal wallet.

Related: Exactly How Venmo Payment Gateway Earns Money.

 

10. Buy A Money Order With Gift Card

You convert your Visa gift card to cash if you use it to buy money orders.

Some retailers like Walmart allow gift cardholders to purchase money orders.

After you have made the purchase, you can then deposit the order into your bank account.

From the account, you can cash out and use the money the way you want since it is in cash format.

This method of converting Visa gift cards with cash is risky though. The reasons include that:

• Not all stores allow money orders to be bought with gift cards. So, you may need to check your options before you take the steps.

• Some banks will shut down your account for depositing too many money orders.

• You can incur fines or imprisonment if it is discovered that you commit the offense of depositing too many money orders.

Also See: How to Get Paid to Fight and Nonprofit Bookkeeping Guide.

 

11. Sell Gift Card On Raise App

Raise.com is an online marketplace for the buying and selling of gift cards.

You can sign up with the app of this platform to convert your Visa gift card to cash.

With the Raise.com app, you can list and sell your Visa gift card.

When your gift card sells, Raise is going to take 15% of the worth of the card as their commission.

So, you will get to keep 85% of the amount you sell the gift card.

The process of selling at Raise is in the following steps:

• Download the Raise app. It is available on App Store and Play Store
• Create profile
• Enter the gift card brand (Visa).
• Provide the gift card balance.
• Submit and review your offers.
• Get paid through direct deposit, check, or PayPal.

Click here to check out Raise.com

 

12. Use Prepaid2Cash

Prepaid2Cash is an app that allows you to sell gift cards for money.

The website reveals that it is a quick and easy way for consumers to access their prepaid card and gift card funds.

Customers can receive cash via direct deposit for most Visa, MasterCard, American Express and Discover branded prepaid card programs as well as branded gift cards such as Walmart, Nordstrom, Best Buy, and 100+ other popular retail brands.

So, with this app, you can convert your Visa gift card to cash.

You just have to follow these steps to achieve that:

1. Scan: Use your camera to instantly scan your card
2. Transfer: Choose to securely transfer funds to your bank account, debit card, or Bitcoin wallet
3. Receive: Cash will be in your account in as little as 15 minutes

Click here to check out Prepaid2Cash

 

Other ways you may want to consider include:

13. Just Stick With the Gift Card

14. Add to Amazon’s Balance

15. Swipe Your Visa Gift Card Using a Square Reader,

16. Give Your Visa Gift Cards Out to Friends Instead of Cash or Gifts

 

Conclusion

The above are vital ways you can convert your Visa gift cards to cash.