Unlocking Liquid Funds: Unveiling the Secrets to Turning Your Visa Gift Card into Cash!
Title: Easy Ways to Turn Your Visa Gift Card into Cash
Getting a Visa gift card as a present is great, but sometimes you just wish you had the cash instead. Don’t worry, there are plenty of ways you can convert that Visa gift card into money or something you really want. Here’s the breakdown:
1. **Spend it on Everyday Stuff:**
Even though this isn’t exactly like converting the gift card to cash, you can use the card to pay for daily stuff like your phone bill or groceries. This way, you end up saving some cash you’d have otherwise spent, and it’s as if you had the cash instead of the card.
2. **Sell Your Visa Gift Card:**
You can sell your card online to get some fast cash. Do note that you won’t get the full amount of the card. Websites like Raise give you almost 85% of the card value. Be aware of scams if you’re selling it privately, and always prioritize safety in the selling process.
3. **Pass the Gift Along:**
Got someone else’s birthday? Just re-gift the Visa gift card to them. You end up saving the cash you’d have spent buying a gift.
4. **Buy a Money Order:**
Some stores like Walmart let you buy a money order with your Visa gift card. You can then deposit this money order in your bank account, turning your gift card into hard cash.
5. **Use an App like Prepaid2Cash:**
This app is a gift card selling service. They take your Visa gift card and give you 92% of its face value in return. The payment takes a couple of days to arrive in your bank account.
6. **Add it to Your PayPal Wallet:**
It’s really easy to add a Visa gift card to your PayPal wallet. Once in there, you can virtually spend it anywhere or even transfer it to your bank account (provided the two are linked).
7. **Add It to Your Venmo Account:**
Like PayPal, you can add your Visa gift card to Venmo and then transfer it to your bank account. No fees and it takes 1-3 days for the transfer.
8. **Buy Another Gift Card:**
With your Visa gift card, you can buy a gift card for a store you shop at often. Look for deals where you might be able to buy a gift card for less than its face value.
9. **Invest in a Liquid Asset:**
Connect your Visa gift card to an investment account. You can buy into stocks or ETFs that can be sold anytime. This could eventually give you more cash than your initial gift card value.
10. **Buy and Resell:**
Buy popular items with your gift card and resell them for a profit. This can be a fast way to convert your gift card into cash.
11. **Withdraw Cash from an ATM:**
While not all Visa gift cards will allow this, some can be used to withdraw cash directly from an ATM. Be ready to pay some fees with this method.
Remember, when you’re ready to use the Visa gift card, you need to activate it first. Also, it’s a good idea to record the balance of the card as you use it. This way, you don’t come up short when you’re paying for something.
In essence, a Visa gift card gives you a lot of options. Whether you want actual cash in your hand, or just want to convert it into something else valuable, you’ve got choices. Now you know how you can make the most of your Visa gift card!
