Visa gift cards are useful since you can spend them anywhere that accepts Visa, and they generally make for thoughtful gift ideas.
However, if you keep getting Visa gift cards from reward apps or as gifts from other people, you probably want cold hard cash instead.
Plus, there’s nothing worse than having several Visa gift cards with just a few dollars left on them, causing you to struggle to spend the remaining balance.
But, if you’re wondering how to get cash from a Visa gift card, you’re in luck!
This post is covering 10 of the simplest and secure ways to convert a Visa gift card into cash.
How To Get Cash From A Visa Gift Card
So, if you want to actually spend your rewards how you please, you need to convert your Visa gift cards to cash.
Luckily, there’s several safe and secure methods to get cash off of a Visa gift card.
1. Add The Balance To Your PayPal Wallet
If you’re already a PayPal user, then this might be the easiest way for you to cash out a Visa gift card.
PayPal actually lets you transfer the balance of any prepaid gift card to your PayPal wallet.
After you transfer your balance, you can use the funds to checkout at any online retailer that accepts PayPal or you can just transfer them to your bank.
Just keep in mind that you incur a PayPal fee if you want to use your cash immediately once you transfer it to your bank account. However, if you’re willing to wait a few days, then you can get it all for free.
2. Sell It On a Gift Card Exchange
Another way to exchange your Visa gift card for cash is to just sell it.
There are numerous apps and websites that let you sell Visa gift cards for cash. The only downside to these is they tend to take a pretty hefty commission, so it’s best to try other avenues first.
One reputable website you can use is Raise, which lets you sell unused, unwanted gift cards, including Visa gift cards.
If you did want to give this method a shot, definitely try out Raise.
It’s available via browser, but they also have an app if that’s easier for you.
Raise actually works with Prepaid 2 Cash to let you convert your Visa gift cards to cash, but it’s a secure and quick way to get some extra cash in your hands.
Before selling, remember to shop around to check what the commission percentage is to find the best platform to sell your Visa gift cards!
3. Buy Other Gift Cards
This may seem like an odd choice, but there are a few reasons why you may want to use your Visa gift card to purchase other gift cards.
The simplest reason is that you might want one or several different gift cards and plan on shopping somewhere that doesn’t accept Visa gift cards.
For example, you can break up the balance on your Visa gift card into:
- A movie theatre card
- an iTunes card
- Free Steam codes and gift cards
- A restaurant gift card for a chain you like
Alternatively, you might want to convert your Visa gift card into another gift card and then regift that to someone you know.
In this case, choose a gift card that shows you know the person well– like getting a book lover a gift card to a bookstore they like, or a foodie a card to their favourite restaurant.
Finally, this idea is also helpful in the case that your Visa prepaid gift card has an odd balance.
For instance, if you have a card for $26.07, you can buy a $25 gift card and use the remaining change elsewhere.
4. Sell Your Visa Gift Card On Facebook Marketplace
There are plenty of things you can sell on Facebook Marketplace, covering everything from used apparel to gym equipment.
But, while it might surprise you, another way to convert a Visa gift card to cash involves selling it on Facebook.
Facebook lets you sell gift cards, so you can get cash from your Visa gift card if you find a buyer in your area who’s looking to snag your card.
Just remember: you have to sell your Visa gift card at a discount to actually get buyers, otherwise there’s no point for the buyer.
Typically, people discount gift cards on the Facebook Marketplace by 5% to 15%, so do some competitive research to see what sellers are offering in your city
The same safety rules apply here as with all local meetups: try and sell to someone who seems trustworthy, meet in a public place, and bring someone with you to the actual sale so everything goes smoothly.
Extra Reading – How To Make $50 Per Day.
5. Pay Off Your Bills
One of the best ways to get money off of a Visa gift card is to use the balance to pay your bills.
Some billing providers accept Visa credit cards for payment, which means you can apply your prepaid Visa gift card against the outstanding balance.
Just look out for any credit card fees when doing this, since sometimes they will apply if you’re trying to pay any mortgage or electrical bills.
You can also use your Visa gift card to pay other daily expenses, like groceries, your daily coffee run, or your monthly gym membership payment, ultimately helping you save more money.
Pro Tip – Want to save even more on your monthly bills? Checkout:
- Truebill– Cancel your unused subscriptions and negotiate lower monthly bills with Truebill!
- Tally – Manage your debt with the Tally app and pay off your bills faster!
6. Sell It To A Friend
If you’re still wondering how to get cash from a prepaid Visa card, your best bet might be to sell to your friends.
Selling to your friends is also a fast, simple way to get rid of your Visa gift card. Plus, you can avoid platform fees or selling at a massive discount.
This option might take you a little longer to find the right person in your circle who’s willing to make the trade, but if you want cash and to avoid fees, this is your best bet.
7. Buy Something And Flip It Online
Another great way to convert your Visa gift card into cash is to get into flipping!
This is the most time consuming way to get cash for your Visa gift card, but it’s also the only one that can actually make you a profit.
To start, purchase a highly discounted item or something you’ve purchased below value at a thrift store or online retailer than accepts Visa gift cards.
Afterwards, list that product on an online resale marketplace like eBay or Mercari for more than you paid.
Make sure to list the product below retail so it’s an enticing offer for potential buyers, but still high enough that you’re making back more than you spent.
Some popular resale websites and apps you can try include:
- Poshmark – Ideal for selling apparel and accessories.
- Mercari – A general resale marketplace that’s very easy to use for sellers.
- Depop – A vintage and trending fashion marketplace that’s great for content creators and influencers.
- SidelineSwap – The best marketplace for selling sports apparel and equipment.
Again, this option for turning your Visa gift card into cash takes the most time, but it also lets you start making money online if you get into flipping, which is a plus.
Extra Reading – The Best Websites & Apps Like Poshmark.
8. Re-Gift It To Save Money
This is an easy way to save cash when attending your next birthday or event. If you can save the Visa gift card, you can easily re-gift by placing it in a card!
Visa gift cards are a great way to give someone the ability to choose exactly what they want for their birthday or Christmas gift, without giving them loose bills.
Plus, many people today don’t like holding onto cash, so a Visa gift card is perfect.
9. Purchase A Money Order
Chains like Walmart and certain groceries stores let you purchase a money order with your Visa gift cards, which you can deposit directly into your bank account.
Not all places offer this, so check multiple locations before you find somewhere that offers money orders.
You also have to create a PIN for your card beforehand and the transaction will include a small fee.
Ultimately, if somewhere near you offers money orders, this is one of the simplest ways to get cash out of a Visa gift card.
Also, avoid doing this too frequently, as banks may suspect criminal activity and can sometimes close accounts that deposit money orders regularly.
10. Add The Balance To Your Venmo Account
Like using PayPal, another way to get cash from a Visa gift card is to transfer the balance to your Venmo account and then send those funds directly to your bank.
Keep in mind, immediately transferring money from Venmo to your bank account results in a small fee, so it’s best to wait a few business days so you don’t pay fees.
Frequently Asked Questions
1. Can I Withdraw Cash From My Visa Gift Card?
Unfortunately, you can’t go to an ATM and withdraw cash from your Visa gift card as if you were taking money out of your bank account.
Again, you can use some tricks to convert your Visa gift card to cash and then deposit the money to your bank account, but you have to take this step first.
2. How Do I Get Cash From A Vanilla Visa Gift Card?
Some people get confused since there is such a thing as a “Vanilla” Visa gift card that you can buy.
Vanilla Visa gift cards are prepaid Visa gift cards that are available in amounts between $10 and $500.
To convert a vanilla Visa gift card into cash, you can follow any of the tricks that are mentioned in this article, like selling it to a friend, online gift card marketplace, or on the Facebook Marketplace as examples.
3. How Do I Add A Visa Gift Card To PayPal?
If you want to add your Visa gift card to your PayPal wallet, follow these steps:
- Login to your PayPal account.
- Click “link a card” under the debit and credit card screen.
- Click “link card manually” when given a list of options to link your card.
- Enter your Visa gift card information, which is essentially the card number.
- Click “link card.”
This should let you add the Visa gift card to your balance.
If you run into trouble, you can also check out this Business Insider article on how to add gift cards to your PayPal balance for steps.
4. How Do I Transfer A Visa Gift Card To Venmo?
To transfer your Visa gift card balance to Venmo, follow these steps:
- Login to your Venmo account.
- Click on “Settings.”
- Click on “Payment Method.”
- Click “Add bank or card.”
- Enter your Visa gift card information as a new card to add it to your Venmo balance.
The video above also walks through the steps on adding a Visa gift card to your Venmo balance.
Extra Reading – How To Make $400 A Day.
While Visa gift cards are the most flexible types of gift cards you can get– in terms of retailers and websites that accept them– they can be a hassle to hang on to and you definitely lose certain spending and saving options.
Thankfully, there are plenty of ways to get cash from a Visa gift card, which is great if you want to avoid having plenty of random balances across cards or worrying about when the card expires.
If you want the most immediate and painless options, try using PayPal or Venmo.
However, gift card resale on Facebook Marketplace or other online platforms we mentioned above are also great ways to access the right buyer for your card.
If you have the extra time and want to profit off of your cards, maybe it’s time to start up a new side hustle and get into resale!
There are plenty of clothes, shoes, office supplies, toys and more than you can find on sale and make a profit selling online.
All that matters is you find the best option that works for you, so you can convert your Visa gift card to cash and spend it where you like!
Want to earn even more gift cards and PayPal cash? Checkout:
Selena Fulham knows how valuable having a side hustle can be. She’s a freelance content writer with a focus on SaaS, B2B technology, social media, and the art of making money online. Currently based in Montreal, Quebec, Selena can usually be found either drinking coffee, hiking up a mountain, or snowboarding down it.