Are you puzzled about the unused Visa gift card lying on your table for ages?
In this scenario, when you are unclear about where to use it, you would think of cashing out or unleashing the maximum benefits from it.
Here’s where you can sell Visa gift cards or other gift cards in such a case.
But, lower prices, not finding a prospect, and higher platform charges are significant obstacles in selling them.
So, if you are searching for ways to convert Visa gift cards to cash, I’ve covered you all with it!
This article serves you with 10+ best ways to cash out your Visa gift cards in no time. Let’s begin!
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Ways to Sell Visa Gift Cards & Convert Them Into Cash
There are several ways to convert Visa gift cards to cash, but none is a straightforward process. Yet, the methods I have covered are reliable.
So, when the gift card isn’t helpful, follow them sequentially to choose one, depending on the prerequisites.
1. Sell Your Gift Cards On Exchange Websites
Many platforms enable you to sell Visa gift cards in exchange for cash. Websites are the most common platforms meant for the same.
Whether it’s a Visa gift card or an Amazon gift card, you must visit any of these websites to exchange gift cards for cash and complete the process.
A lot depends upon whether you have a digital or hard copy of the gift card.
- If you have a digital gift card, you can sell it immediately and avail cash.
- If it is a hard copy, these exchanges might send a person to collect your card.
However, it’s noteworthy that all these platforms would charge a suitable fee. These charges depend on the percentage of the balance available. Therefore, compare the costs and then proceed to sale.
Owing to their smooth UX, hassle-free process, and less commission compared to other sites, you must check them. These often provide you with a cashback of up to 90%.
On the other hand, you can sign up for Branded Surveys (short and high-paying surveys), InboxDollars ($5 free joining bonus), and MobileXpression (Get a $10 free gift card after a week) to earn free gift cards in your spare time.
2. Add Your Visa Gift Cards to Your PayPal Wallet
Instead of selling them online, which ultimately transfers money to PayPal or Venmo, you can exchange them on the platform itself.
The striking feature is that you would earn $10 extra than the cash. Yes, you got that right! The amount is the signup bonus you get to join PayPal.
Hereafter, adding your gift card, PayPal processes the balance in the PayPal wallet.
If you want the balance to your bank, transfer it to the bank account linked with your PayPal ID. PayPal would charge you 3% of the amount you transfer.
How To Add Gift Cards To PayPal Wallet?
- Visit PayPal.com and create your account.
- Click Wallet at the top and look beneath the Wallet or card you have linked.
- Select Link a card or bank from the left-panel
- PayPal prompts you to proceed till the point you have to add gift card information.
- Add your Visa Gift Card Details in the respective fields and click on Link Card.
3. Use Visa Gift Cards to Buy Other Gift Cards
Many shopkeepers and online platforms don’t accept Visa Gift cards on your purchases despite being Visa or Mastercard merchants.
Yet, sometimes you want to avail recreational goods and services without spending extra.
In that case, you can sell your Visa gift cards to buy other gift cards. The best part is that some platforms even give you 15-20% off, meaning you get this much of the card balance for free.
Amazon Pay is an excellent option to buy gift cards in exchange for Visa gift cards.
Wondering which cards you can buy by selling Visa Gift cards? You can use it to get…
- Game zone cards,
- Amazon gift cards,
- Club membership cards,
- iTunes cards,
- Xbox Gift Cards
- Free Steam Codes and more.
You can also use this gift card and gift it to someone on a special occasion. If the balance is more, you can split it up to buy two gift cards as well.
4. Pay Off Other Bills With Visa Gift Cards
Again, like other methods mentioned above, here, too, you won’t see the cash as a tangible asset.
However, by paying your bill, you indirectly use it as cash. Check which of your billing vendors accept Visa credit cards for payments.
Those billing providers accept Visa credit cards and Visa gift cards because both act the same. However, like credit cards, Visa’s gift card would also levy fees.
If you don’t find any vendor who accepts your card, you can still use it to top up your credit cards, game zone cards, groceries app balance, and such prepaid services!
Remember that Visa Gift Cards give the security code, expiry date, and card number, but the balance isn’t in your account.
It saves you from the hassle of selling gift cards and using them to pay bills or for top-ups. Moreover, it is quicker and helps to keep on your monthly expenditure.
5. Add Visa Gift Cards to Your Venmo Account
You would have found adding the gift card to PayPal as a good option, and so you can do Venmo as well.
Both PayPal and Venmo are good options to encash your Visa gift cards.
However, you need to pay a 3% fee to PayPal to transfer the balance to your bank, while Venmo does this for free.
You can add the gift card to Venmo and further transfer it to your linked bank account without any additional charges. This makes it much better than PayPal.
Free transfers on Venmo take one to three business days, and if you want to use the Instant Transfer option, then you can’t avoid the fees here as well. But it is just 1.75%, while PayPal is 3%.
How to Add Visa Gift Cards to Venmo Account?
Adding gift cards to Venmo is simple, like on PayPal. If you have both accounts, proceed with Venmo to avoid high charges.
- Sign up with Venmo and log into your account
- Go to the Settings tab
- Click Payment Method and select Add Bank or card
- Add it as a new card
- Enter the gift card details it asks for
If you get any trouble while adding your card or the fraud prevention message is popping up, then retry or contact Venmo support. You can also call them to resolve it immediately.
6. Use the Gift Card Exchange Kiosk
Converting Visa Gift cards to cash is super-easy, with many incredible deals if you are a shopaholic. Shopping malls and confectionary stores have yellow-colored Kiosk exchanges.
In such exchanges, enter your gift card number and other details. Further, it displays impressive offers, and you have to select one.
Next, after choosing, it will issue you a voucher. You can show it to the cashier to get the cash.
These kiosks would charge you a small penny and suggest the best offers. Therefore, if the offer doesn’t satisfy you, there’s always an option not to proceed further.
7. Sell Your Visa Gift Cards Through an App
The Internet has all kinds of apps available for everyone. Some help you earn free cash or gift cards, while others help you sell those cards for cash.
Similar to websites, some apps also buy gift cards from you. Therefore, you can sell Visa gift cards for cash instantly.
Therefore, go for it only if there’s a dire need, or no other option feels suitable. Many apps exist for this purpose; however, only a few are genuine, reliable, and satisfactory.
One of the apps you can use for it is Prepaid2Cash. It’s different from most other platforms out there.
Here’s how Prepaid2Cash works:
- Download Prepaid2Cash App
- Create your account
- Browse available offers and choose one
- List your card for sale
- Once sold, Prepaid2Cash will transfer your money within 3-5 business days.
However, these services don’t provide complete transparency. Its offer won’t share the fees they would deduct from you, thus incurring hidden costs.
Moreover, they claim to provide 92% of the card balance, and consequently, the platform fee is around 8%.
Ways To Sell Visa Gift Cards For Cash Near Me
Apart from the ways mentioned, there are more direct and indirect workarounds. If you are looking for ways to sell Visa gift cards for cash near you, then too few of these ways help.
8. Sell Them on Facebook Marketplace
Facebook Marketplace is not limited to anything when it comes to selling. You can sell any item on Facebook Marketplace to interested buyers in your local area.
Though most of the people are genuine, there’s always a little chance for scammers.
So, to save yourself from fraudulent buyers, always check the person’s profile and activity and share the gift card details only after they complete the payment.
But, you would have to reveal the code before so that the user gains authority over the balance you have on it.
However, to get buyers quickly, you better offer some discounts on your gift cards. The discount generally depends upon your urgency to sell elsewhere; most sellers offer a 5-15% discount on Visa gift cards.
9. Sell Visa Gift Cards to Your Friends
If the Facebook Marketplace bothers you about how they will buy, it’s always preferred to sell it to your friends or relatives.
You can readily know who wants to buy, or they can connect you to their acquaintances who will buy.
Besides, you will also earn more money as no platform charges fees would be deducted here.
10. Give Out as a Gift
The best way to get a sufficient amount with Visa gift cards is to give it out as a gift.
If there’s an occasion heading like a special birthday, party, or wedding, you can save your money on gifts. Instead, share a gift card. Thus, they can buy whatever they wish.
Moreover, your friends or relatives, whomever you gift, can buy something of their choice.
So, you won’t have to bother about whether they would like your gift. It’s an indirect way of getting a sufficient amount.
11. Sell Them at a Pawn Shop
Pawn brokers and Pawn shops do accept gift cards, yet that hugely depends upon the type of gift card and the balance on it.
Visa is a reputable brand; hence, most Pawn shops would buy your gift cards. However, they might reject it if it doesn’t have a suitable balance.
Further, they would pay only a certain amount of its actual value. Therefore, to fetch maximum cash from the gift card, conduct thorough research on the Pawn shop’s policies, reputation, and review.
It will give you a basic idea about whether they would offer you a fair price over your Visa gift card.
Moreover, if a Pawn shop accepts Visa gift cards, you can always ask them for references who can buy them.
Afterward, before you reach out to their suggested Pawn broker, always conduct thorough research like this one.
12. Buy Something and Flip it
Buying and flipping things take a little time and would take you the extra mile, yet it’s a good ROI.
All you have to do is use your Visa gift card at a store that accepts it to buy trending items, the hottest stuff, or accessories with huge demand.
Further, choose one which is available at a discounted price.
By purchasing a suitable item and selling it, you can earn more than your gift card value.
13. Purchase a Money Order With Visa Gift Cards
If you are a GenZ or millennial, you would know about money orders. They seem similar to a check but work exactly the opposite.
You can use a cheque issued in your name and get cash in return from a bank.
In contrast, you use cash to buy a money order, and several banks and institutions offer the same.
As you can use your debit card to purchase money orders, Walmart and other grocery and confectionary stores enable you to buy money orders using Visa gift cards.
Compare the money order amount with the balance on your gift card to make a wiser decision. The money order issuer will charge you a small fee for the process.
Later on, you can gift this money order, deposit it in your bank, and even buy something using it.
If you were searching for how to sell gift cards for cash instantly, then you would have got your answer.
Sell it on a gift card trading app, website, or marketplace like Facebook.
However, if you want to transfer Visa gift cards to PayPal, remember it charges fees upon transfer to your bank account.
So, to avail of the balance in your linked bank account at no cost, you can add the card to Venmo.
Selling a Visa Gift card to a friend, gifting on occasion, or using it for investment in reselling are some of the indirect methods that are beneficial and profitable.
Before choosing how to proceed, compare all these methods and find the one which you find suitable.
FAQs on Selling Visa Gift Cards For Cash
Can I withdraw ATM cash from my Visa gift card?
No, you cannot visit an ATM and cash out your Visa gift account like a debit card. However, you can use Venmo, PayPal, or money orders to convert it into cash.
Can I combine Visa Gift Cards?
Yes, you can combine multiple Visa gift cards to keep track of your balance. Further, even when using it for payments, you can pay using various gift cards.
How Do I Get Cash From a Vanilla Visa Gift Card?
Vanilla gift cards are buyable between $10-$500. To get cash from it, you have enough to use indirect methods like selling it to a friend, using Facebook Marketplace, or any gift card trading platform for selling it.
Can I still use a gift card exchange Kiosk?
Yes, you can still use a gift card exchange kiosk. Further, Swipe your card and choose a suitable offer. Next, print the voucher and show it to the cashier for availing cash.
Want even more money-making ideas? Checkout:
- How To Make $500 Dollars Fast – 27 Ways That Work
- How To Get Free Money On Cash App? (10 Secret Ways)
- 38 Real Game Apps That Pay Real Money [Cash or PayPal]
Hello there, I’m Siva Mahesh, an MBA Finance post-graduate and a Remote Career & Personal Finance blogger for 5+ years. Over the years, my work has been featured on US News, Entrepreneur, MSN, Yahoo Finance, GoBankingRates, EverQuote, Legal Zoom, The Simple Dollar, Databox, Business.com, Business News Daily, Venngage, Score.org, and more. My primary mission is to help our readers maximize their earning potential with legitimate online business ideas, side hustles, and passive income ideas we publish on Dreamshala. Currently, more than 100,000 readers from all around the world visit this blog every month and learn new ways to improve their finances.