How Can You Cash in Visa Gift Cards?
If you have a Visa gift card that hasn’t been used yet, you may be wondering if there are ways to get cash for it. Here are a few options that you can try.
One of the easiest and most convenient ways to convert your gift card into cash is by using a kiosk at your local grocery store. These kiosks will exchange your Visa gift cards for cash in just a few minutes.
1. Sell it on eBay
If you’re looking for a quick and easy way to cash in your Visa gift cards, eBay is the place to start. The site allows you to list any item — and gift cards are a big part of that — in the hopes that someone will find it interesting and buy it for you. You’ll pay a fee for the privilege, but it’s a small price to pay for instant liquidity.
The site also has a feature that’s not to be missed: the ability to list multiple items for sale at once. This makes for a very efficient process and a very enjoyable experience for both you and the buyer. As a rule of thumb, most people don’t want to sell things they can get their hands on in the first place, so a little elbow grease will go a long way.
Besides eBay, there are a handful of other online gift card trading sites worth checking out. One is Raise, which boasts the aforementioned large gizmo, plus a 15 percent commission on every card it sells. This site also has a top-notch customer service department that can answer your questions, no matter the topic.
Ultimately, it’s all about finding a good balance between being a savvy shopper and an ethical consumer. That may mean keeping your wallet closed and letting your credit card do the talking. The best gift cards are ones that you’ll actually use if you’re lucky enough to receive one. Likewise, don’t hesitate to ask for advice from a friend before making any purchase decisions. The right card at the right time can make your life easier and save you a ton of money.
2. Sell it on Raise
Raise is a website that lets you sell gift cards online, including visa gift cards. You can use the site on your browser, or you can download an app if you prefer. It can be a good option for people who have a lot of unused gift cards lying around, or who want to stack savings and earn extra cash.
To list a card, you must have the serial number and PIN for your card, plus the current balance. Then, you can choose a price for your card. The discount rate you select depends on the going rates for other gift cards in your category. For example, if a store is selling at a 5% discount, you may list your card at a 5.1% discount to make it more likely to sell.
The website also allows you to set up brand alerts so that you’ll be notified when a card matching your criteria becomes available. You can even filter by price and discount percent to find the best deals.
Another benefit of Raise is that it offers a one-year money-back guarantee on discounted gift cards. This means that if you buy a gift card that’s not working, doesn’t have an accurate balance or isn’t the same brand as you ordered, you can get a refund.
However, there are some instances where this guarantee doesn’t apply to you. For instance, if you buy a gift card that’s been merged onto an outside business app or you receive a request after a year from purchase, it might not be covered by the guarantee.
The only way to be sure that you’re getting a refund is to check with customer service before submitting a request. This might take some time, but it’s worth the effort.
3. Sell it on Prepaid2Cash
Whether you earned them from reward apps, got them as gifts from others or you simply had some extra money lying around, there is no reason to let your unused gift cards sit around. Instead, you might want to consider selling them for cash.
One of the best ways to do this is through Prepaid2Cash, an app that lets you scan your gift card and get cash in your account. It works with most prepaid Visa and MasterCard gift cards, as well as some other brands of cards.
You can download the app from the Google Play store or the App store, and it requires an Android or iOS smartphone to use. You can then use the app to turn your unused gift card into cash with just a few simple taps.
Once you have sold your gift card through Prepaid2Cash, you can use it to pay your bills online or in-person. You can also use it to buy a money order, which you can then deposit in your bank account.
Another option to sell your unused gift cards is to list them for sale on Facebook Marketplace or Craigslist. You can even go local and hold a meetup in your area if you’re looking for buyers. However, keep in mind that you’ll need to offer your card at a discount, and it’s important to take the same safety precautions as any other local meetup.
As long as you market your cards properly and share screenshots of the website displaying your card’s balance, you should be able to find some good buyers. However, keep an eye out for scams that might occur if you’re not careful. You should always check the profiles of potential buyers and avoid giving out personal information to anyone who doesn’t appear to be a reliable person.
4. Sell it to a friend
You can use prepaid Visa gift cards to make purchases online or in-store, at ATMs, or at gas stations. You can also reload your card with more cash using online or direct deposit, at a bank branch or in-person. You can check your balance by calling the issuer’s customer service line or at the website of your card’s issuer, where available.
Prepaid Visa gift cards are not linked to a checking account or a credit card and therefore can’t help you build credit history. They do, however, make it easier for you to pay bills or withdraw money when traveling abroad.
If you’re going abroad and you need to buy something in a different currency, you can top up your prepaid Visa gift card before you leave and exchange it in cash once you get there. Some cards even let you switch your card’s balance online before you travel, which is more convenient than visiting a kiosk in-person.
This option is a bit more time-consuming than some of the other methods but it can provide you with a fair amount of cash without incurring any fees or making you lose money. It can take some work, but if you’re looking to start a side hustle, this is definitely an option to consider!
If you have a friend who is willing to trade a Visa gift card for cash, this is an easy and fast way to get some quick money. It’s also a great way to avoid any platform fees or selling at a discount. Just be sure to look at the latest gift card balance so you’re able to offer a fair deal!
5. Buy a money order
Buying a money order is a good way to convert your Visa gift card into cash. It’s a prepaid form of payment that’s easy to use and can be purchased in many places, including at post offices and banking kiosks.
The first step is to decide whether you want to buy a money order and how much you’re willing to pay for it. If you’re not sure, ask the clerk to help you figure out how much you need to spend. You can also ask for a receipt that will show you what you paid and how much you have left to pay.
Once you’ve decided, head to a money order location with your cash, debit or traveler’s check. Be sure to bring a form of ID with you, so the clerk can verify your identity.
Next, fill out the money order’s details as completely as possible. This includes the payee’s name, the amount and any additional information they may require. You can even include a memo line where you’ll note what the money order is for, such as a purchase or payment towards a debt.
You should keep your receipt and make a copy of it as well. This will serve as proof of purchase if you need to cancel your money order or refund it later.
Another alternative to buying a money order is to take out a cash advance on your credit card. If you choose this option, make sure to pay off the entire balance of your card before the end of your billing cycle. This will avoid any interest charges and fees.