How to Transfer Money From Visa Gift Card to Bank Account (2024)

FAQs

Can you send money from Visa gift card to bank account? ›

Can I Transfer Money From Visa Gift Card to Bank Account? Yes! You are able to transfer money from a prepaid card to your bank account indirectly by trying some of the following options: Add the card to your PayPal or Venmo account and transfer the balance to your own account.

It is possible to use a credit card to transfer money into a bank account by using a cash advance or balance transfer check, but we can't recommend it. Cash advances are risky because of the high interest rates and costly one-time fees. Balance transfers can lead to more debt if they're not handled correctly.

Simply put, you can use your Visa gift card to withdraw cash at an ATM. Visa provides prepaid credit cards that you can buy and load with a certain amount of money. 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.

Yes, you can add Visa gift cards to Apple Wallet. Apple Pay allows you to add eligible Visa gift cards, as well as other major credit cards, to your digital wallet for convenient and secure payments.

To transfer money from a gift card to a bank account, consider using money transfer apps like PayPal, Venmo, or Cash App, and opt for direct deposit in the USA. Alternatively, you can sell your gift card to a gift card exchange or use a reloadable prepaid debit card for the transaction.

Conclusion. While Visa gift cards don't have a specific zip code tied to them, online retailers may still ask for a billing zip code during checkout. By trying the mailing address zip code, shipping address zip code, or your own home zip code, you can usually satisfy this requirement.

Can I transfer from Visa to debit? ›

Can I transfer money from a credit card to a debit card? Yes, you can transfer money from your credit card into your current account and then use the debit card linked to that account to spend it as you wish.

To transfer money with only a card number and CVV, you can use a money transfer service such as Western Union or MoneyGram. These services allow you to send money to anyone in the world, even if they don't have a bank account.

Some VISA gift cards cannot be deposited into bank accounts, so check the issuer's policy before attempting a transfer. Use PayPal or Venmo as an intermediary to transfer the balance of your VISA gift card to your bank account if direct transfer is not possible.

Prepaid card issuers also often provide associated apps or online platforms that can streamline and initiate the transfer process. Locate the transfer option. If using an associated app or online portal, this could be labeled as "Transfer," "Move Money," "Send Money," or a similar option.

If you don't have a debit card or credit card, Visa gift cards even come with routing and checking numbers, which means you can reload it through Paypal or other online methods. Why use a Visa gift card?