Can I withdraw cash from my gift card or get cash back? (2024)

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Can I withdraw cash from my gift card or get cash back? (2024)

FAQs

Can I withdraw cash from my gift card or get cash back? ›

Though the two cards are similar, only prepaid cards can be used to get cash from an ATM or to get “cash back” from a merchant. Gift cards cannot. Read the terms and conditions on the back of your card to know for sure.

Can I get cash back off a gift card? ›

No. Cash cannot be withdrawn from a gift card, and you cannot get cash back in connection with a purchase transaction.

Can you take a gift card back and get your money back? ›

For the most part, companies tend not to allow the return or exchange of gift cards unless required by state law — more on that further below. There are exceptions with certain stores, though. For example, Gap allows customers to return unused physical gift cards and cancel scheduled e-gift cards for a refund.

Is there a way to cash in gift cards for cash? ›

Go to a Gift Card Exchange kiosk to trade your card for cash. A Gift Card Exchange kiosk is usually bright yellow and located in a grocery store. Insert the card information into the kiosk and then choose to accept or reject the offer the kiosk gives you.

Which gift cards allow ATM withdrawal? ›

This is where prepaid cards come in. The top six prepaid cards with ATM Convenience as of July 25, 2024 are; PayPal Prepaid Mastercard, Netspend Visa Prepaid Card, The Mango Prepaid Card, Bluebird American Express Prepaid Debit Account, Walmart Money Card, and Brinks Prepaid Mastercard.

How can I cash out money from a gift card? ›

Simply use the gift card like a regular debit or credit card to pay for your purchases. 2. Withdraw cash from an ATM: Some Visa gift cards allow cash withdrawals from ATMs. Look for an ATM that accepts Visa cards, insert the gift card, enter the PIN (if required), and follow the instructions to withdraw cash.

How do I get money off my unused gift card? ›

Raise, CardCash and GameFlip are reputable companies that help you sell U.S. gift cards for cash. Selling gift cards often involves marking down the price and paying a fee. Gift card exchanges vary in the cards they allow, selling fees and more.

Are gift cards refundable at Walmart? ›

Nonreturnable; not for resale.

Notwithstanding anything contained in these Terms and Conditions, Walmart plastic Gift Cards and eGift Cards (“Walmart Gift Cards”) are not returnable or refundable for cash except in states where required by law. Resale of Walmart Gift Cards is strictly prohibited.

Which states require gift cards to be redeemed for cash? ›

Colorado, Maine, Montana, New Jersey, Oregon, and Washington allow cash redemption for balances less than $5. Rhode Island and Vermont will redeem balances less than $1 for cash while Massachusetts will redeem a gift card for cash once 10% of the original value remains.

Can you take money off a gift card at an ATM? ›

So because there is no broad difference between gift cards and prepaid cards, you can easily use your Visa gift card to withdraw money from the ATM. However, you can not use your preloaded card to withdraw cash at every ATM. The ATM you use must be the one that supports Visa cards – you will see a Visa logo on the ATM.

Can I transfer gift card money to my bank account? ›

Yes, you can transfer money from a gift card to your bank account. Some gift cards allow you to transfer the balance directly to your bank account using direct deposit. Other gift cards require you to use a money transfer platform such as PayPal or Venmo to transfer the balance to your bank account.

Can you get cash off of a Visa gift card? ›

Can I use my VISA Gift Card at an ATM? A. Yes. You can get cash at ATM's that display any of the following symbols: PULSE, NYCE, STAR and Plus.

Which Mastercard gift card allows cash withdrawal? ›

You may withdraw cash against the balance on most Mastercard prepaid and gift cards at any ATM.

Can you take money off a vanilla Visa gift card at an ATM? ›

While you can't get cash from a Vanilla Visa gift card directly, you have options like selling the gift card either online or in person or having the money transferred to your PayPal account. You will then receive money in exchange for the gift card.

Can I get cash off a Visa gift card? ›

Can I use my VISA Gift Card at an ATM? A. Yes. You can get cash at ATM's that display any of the following symbols: PULSE, NYCE, STAR and Plus.

What states allow cash back on gift cards? ›

Colorado, Maine, Montana, New Jersey, Oregon, and Washington allow cash redemption for balances less than $5. Rhode Island and Vermont will redeem balances less than $1 for cash while Massachusetts will redeem a gift card for cash once 10% of the original value remains.

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