Can You Do Cash Back With a Visa Gift Card?

Whether you’re in a rush or you just want to get your hands on some cash, there are a few ways to convert a Visa gift card into actual cash.

One popular method is to visit a gift card exchange kiosk. These are located within certain grocery stores, and they let you turn your cards into cash.

1. Sell it on eBay

If you have a Visa gift card that you don’t need or aren’t sure what to do with, selling it might be a good idea. There are several ways to do this, and it can be a good way to make some extra money.

One option is to sell your gift card on eBay. This is a fairly simple process and you can find potential buyers online. Once you have a buyer, agree on a price and payment method. You can also use the same process on Craigslist, but you will have to do some research to find a reputable seller.

Another option is to sell your card at a gift card exchange kiosk. These kiosks typically pay a slightly higher rate than the face value of your card, and they can be found at most post offices and banking kiosks.

These kiosks can be a good place to sell your unwanted gift card, but you should read the fine print before going to them. Some have minimum dollar amounts and charge fees for converting your gift card into cash.

You can also sell your gift card on an app like Cardpool. Once you create an account and upload your Visa gift card, you can set a price. Once someone buys your gift card, you’ll receive a PayPal payment.

The downside to this method is that you may incur transaction fees from PayPal on both ends. If this is the case, it’s best to deduct these fees from your gift card balance before sending it to a friend.

There are also ways to convert your Visa gift card into cash without having to sell it. You can do this by transferring the funds to your bank account using a payment app, such as PayPal or Venmo.

While this method may be more time-consuming, it can be a good way to get some cash back from your Visa gift card. This can be especially helpful if you’re trying to pay off credit card debt.

Alternatively, you can sell your card directly to a friend or family member. This can be a great way to make some quick money and it’s often a safer method than selling it on Craigslist or eBay, where there are always the potential for scams.

2. Buy Money Orders

One of the best ways to make money back with a gift card is by buying a money order. You can buy them at your local post office or in stores that sell them, and they typically come in denominations like $25, $50 and $100.

Unlike checks, which can contain private banking information, money orders are a safe way to transfer funds from a bank account to another. This makes them a good alternative to cash or personal checks, especially when you’re sending money to someone you don’t know.

You can also use a money order to purchase items on eBay and other online marketplaces. Whether it’s a $5 garden gnome or a new iMac, you can pay for it with a money order to ensure that the seller knows that you have the cash.

Many places that sell money orders accept credit cards, but it’s best to only buy them with cash or a debit card because most issuers will treat the transaction as a cash advance. This means you’ll pay higher fees and interest rates than you would for a regular purchase. This can affect your ability to collect rewards on a purchase or count towards a minimum introductory spend on a credit card sign-up bonus.

If you’re not sure whether a store will take your payment type, call them ahead of time. It’s also a good idea to have ID handy if the money order is larger than $1,000.

Some of the most popular places to buy money orders include banks and credit unions, big box stores, post offices and even some gas stations. These stores can usually give you a money order in less than five minutes, so they’re a great option for last-minute purchases.

You should keep a receipt when you buy a money order, because it contains a tracking number that can help you replace it if it’s lost or stolen. This will help you avoid any fees that might apply to replacing it later on.

There are a few different places you can buy a money order with a visa gift card, but not all of them will let you do so. The best option is to find an exchange kiosk that carries them and pays cashback fees for you.

3. Sell it on Craigslist

If you’re looking to cash in on a gift card and make some extra money, there are plenty of ways to do it. One way is to sell it on Craigslist or eBay. However, you’ll have to price it fairly to attract buyers.

Another option is to give it to someone you know and trust. This can be a win-win situation for both parties. You get cash back and the person who receives the card gets the gift card at a discount or for free. It can also be a way to help your friends or family members save for their next big purchase without using your credit card.

You can also use a Visa gift card to buy items that you can then resell for a profit on websites like eBay or OfferUp. You can find items that are on sale or in the clearance section at local retailers and then resell them using your gift card.

For example, you could buy a bag at TJ MAXX for $100 and then sell it on a website for $90. You’ll make a $20 profit on the sale.

The key to selling a visa gift card on Craigslist is offering a reasonable price that you can get paid for. You’ll also have to be willing to negotiate.

Alternatively, you can try a website like Raise or CardCash. They’ll list your gift cards for sale and then you can negotiate with a buyer. This can be a faster and easier option than putting it on a Craigslist ad or contacting a buyer directly.

Finally, you can visit a kiosk that allows you to exchange a gift card for cash. Some kiosks will only accept a certain number of cards, and you may be charged a fee for the exchange.

This can be a good option if you have a lot of gift cards that you want to sell. You can then offer to exchange them for a few smaller ones, which will free up cash that you can use elsewhere.

If you’re in a time crunch and need to convert a card quickly, you can also add the balance to your PayPal or Venmo account. This is an easy way to turn your gift card into cash that you can use at any time. Be sure to check out the fine print on these services before you deposit your money.

4. Resell it

If you are looking to do cash back with a visa gift card, there are several ways to go about it. These can include using the card to pay your bills, reselling it to a friend or family member and using it to meet a financial goal.

One of the most popular ways to resell a visa gift card is through an app. These apps allow you to set a price for the card and once it sells, they will then pay you directly through PayPal. This can be a great way to make some quick cash, but the fees can be very high so you should do your research before you use this method.

Another option is to sell your gift card to a pawn shop. These places can usually accept prepaid gift cards and will offer a cash-back rate of around 50% of the original value of the card. However, pawn shops are also a target for scams so be sure to check the details of any potential buyer before you hand over your card.

You can also sell your visa gift card through eBay or Craigslist. This will take a bit longer than using an app or visiting a store but it can be a good option if you are in a pinch and need to get your hands on cash fast.

If you want to sell your gift card on EBay or Craigslist, you will need to list it at a discount. For example, if your card has a balance of $50, you will need to list it for $40 or less. This will help you attract a larger amount of interest from buyers and increase the chances that they will buy it.

Selling your visa gift card to a friend or family member can be a great way to make some extra cash quickly. They will be able to use the money to purchase whatever they want, and you will have some extra cash to put towards your financial goals.

If you are going to resell your visa gift card, it is important to do your research before you begin. Using an app or website to resell your gift card can be very quick and easy, but the fees can be quite high so be sure to do your homework before you decide to go with this option.