Top 9 easy ways to convert visa gift cards to cash 2021 include amazon, itune, flipkart, apple and pay through Paypal, Venmo.
Do you have a bunch of Visa gift cards lying around, and would you like to convert them to cash?
I know I’ve found old Visa gift cards when looking through my drawers. Sometimes it can seem like a hassle to use them.
You have to keep track of their balance or call some 1-800 number to find out what it is. Sometimes they expire or lose value if not used before a specific date.
1. Add it to your paypal balance
If you are looking to convert a Visa gift card to cash, try using PayPal. A website like Card Cash will help you transfer gift cards to your PayPal account.
Please pay attention if you use the PayPal option, you will have to purchase another gift card with the Visa gift card first.
Why is that? Due to the fact Card Cash only accepts gift cards from stores and restaurants, you will have to purchase a gift card from one of their accepted merchants first. Once you do that, you will be ready to go. Let me show you
Once you have received your payment and it’s added to your PayPal balance, you can transfer it to your bank account. You have the option to transfer it immediately or transfer it within 3 to 5 business days.
One of the best things about PayPal is that it is very secure and has protection to guard against any scammers.
2. Add it on your venmo account
Not a lot of people know this but Venmo actually allows their users to add Visa gift cards to their Venmo accounts.
Here is how to transfer a Visa gift card to your Venmo account:
- Go to your Venmo app.
- Click on “Settings” and then click “Payment Method.”
- Click “Add bank or card.”
- Type in your Visa gift card information and click “add card to your account.”
Once you do that, you will be able to transfer your funds to your bank account. If you come across any issue, simply reach out to the Venmo support team for help.
3. Sell It On Raise App
Raise is a site where you can sell your unwanted gift cards with ease.
It’s really simple! All you have to do is find all your unwanted gift cards then list them to sell on the platform. Lastly, you will get paid either via Check, PayPal, or by direct deposit when someone buys the gift card.
Raise is an amazing site if you have unwanted Visa gift cards or any other gift cards from stores such as Target, Amazon, and Walmart. In addition to selling unwanted gift cards on the site, you can save money when you buy other gift cards on their site.
You can also check out their coupon section to find some of the latest deals on popular stores and brands. Let me show you:
4. Sell Visa Gift Card Online
In addition to Raise.com, there are some additional sites that you can sell your Visa gift cards on.
The first website is called Gift Cash: this site lets people sell their unwanted gift cards and send them payment for it. This site is great because they are constantly updating their list of accepted merchants.
So if you happen to have a gift card that isn’t on their list, you can just let them know and they will look into adding them to the list.
The second website is called Gameflip This is another site where you can sell unwanted and non-reloadable gift cards to earn cash.
The third website is called Gift Card Granny: This site has been seen in places such as Forbes, NBC, and Oprah Magazine. On this site, you can sell your unwanted gift cards, and it’s not limited to just Visa gift cards.
You can sell any type of gift card from stores you may have laying around your house
5. Give Visa Gift Card Away As A Gift
One of the great things about Visa gift cards is that they can serve as a “cash” gift.
If you are attending a special occasion such as a birthday or baby shower, you can give a Visa gift card to the person. The person will be able to use the gift cards like cash to purchase the items of their choice.
So you don’t need to think what do you need to give it to them.
6. Buy And Flip Items
Although this method involves a bit more work it can be one of the better ways to exchange Visa gift cards for cash. How so?
The benefit of this method not only converts the gift card to cash but could mean you get more money than the gift card is worth.
First, you need to find items to buy. Be on the lookout for items that are underpriced or undervalued.
A lot of people don’t realize the value of the item they are selling or they simply don’t want to spend time finding out. This is greats news for anyone that wants to flip items as you can earn a profit on the item.
Remember you need to buy items from vendors that accept gift cards as payment. Established sites such as eBay and Facebook Marketplace are a great place to flips.
7. Sell Gift Card To A Friend
If you have gift cards you want to liquidate into cash, ask your friend groups if they want to buy it.
The benefit of selling a gift card this way is that you can avoid paying any commissions or fees that are normally charged when selling a gift card online.
To make it worthwhile for the buyer It would usually be a simple case of offering the gift card for a little less than the value on the card. For example, the gift card has a $30 balance, you could ask for $25 cash for it.
Using this method to convert a visa gift card to cash is quick and easy. You will have the cash straight away to use for your own needs.
Pro Tip – Hit up your Facebook friends for a fast turnaround time on converting your gift cards into cash. You would be surprised how many people will reply when you offer a small discount.
8. Buy A Money Order With The Visa Gift Card
Many stores, including major outlets such as Walmart, allow you to purchase money orders. This does vary depending on the area so check with your local store first.
Once you have purchased a money order, you can then deposit the order into your bank account. Now that the gift card is cash in your bank account you can use it for anything you like.
If you choose to buy money orders, there is a warning you should pay attention. Some banks will shut an account down for depositing too many money orders.
9. Buy Items With The Gift Card And Return Them
This last method is one that many may feel uncomfortable with. Let me tell you how it works:
First, you would need to go to a physical store and make a purchase using the gift card.
Once you have bought an item, you can return it and request a refund by cash or check. You will need to tell them you no longer have the gift card which is why the refund needs to be made by cash or check.
If all goes smoothly you now have the cash amount of the gift card in your hand. However, there are some potential pitfalls:
- The Store may ban you if you make multiple return and you are costing them too much.
- Check returns policy – Stores will have a returns policy. Please make sure you know this before buying an item.