How to Convert a Visa Gift Card into Cash?

There are several ways to convert a Visa gift card into cash. Follow these steps:

1. Withdraw Cash via ATM:

o If your Visa gift card is linked to a bank account, you can transfer the balance to your bank account and then withdraw cash from an ATM.

o Some Visa gift cards allow you to withdraw cash at ATMs, though you may be charged a fee, and there might be limits.

2. Sell the Gift Card:

o You can sell your Visa gift card to a third-party service, either online or in person. Websites like Cardpool, Gift Card Granny, and Raise allow you to sell your card at a slightly discounted rate in exchange for cash or another form of payment.

3. Use Peer-to-Peer Payment Apps:

o Some apps like Venmo or PayPal allow you to load your Visa gift card balance into your account and transfer the money to a linked bank account, or send it to someone else. This may require a fee and depends on the app's policies.

4. Buy a Money Order:

o You can purchase a money order with your Visa gift card at locations like Walmart, CVS, or Western Union. Once you have the money order, you can deposit it into your bank account or cash it at certain locations.

5. Use It for Purchases:

o If you're unable to convert it directly into cash, you could use the gift card to make purchases and then resell those items for cash. However, this is more time-consuming and may involve losing some value on resale.

Make sure to check for any fees, limits, or restrictions when using any of these methods.