How to Use Visa Gift Cards to Save Money

There are many ways you can use your Visa gift cards to save money. You can also pay bills with them that you would normally have to pay with cash.

One of the most reliable ways to turn your Visa gift card into cash is to use a gift card exchange kiosk. These machines are found in select grocery stores and are a great way to convert any gift cards you have into cash.

Credit Cards

Visa gift cards are a convenient way to give people gifts or help them with their own spending. You can purchase them at most retail stores and online, and they can be used to make purchases both domestically and internationally.

Many people prefer gift cards to other types of payment options, such as prepaid debit or credit cards. They’re easier to manage, don’t come with hidden fees, and don’t require a credit check or a deposit.

If you’re not sure whether or not a visa gift card can be used to pay for something, ask the merchant. They should be able to tell you if they can accept it and whether there is an additional fee for using the card to pay for your purchase.

When you purchase something with a gift card, the merchant will subtract the amount from your card’s available balance. This is why it’s important to keep track of your card’s available balance and know how much money you have on your gift card before making a purchase.

You can also use your prepaid Visa card to get cash back at a participating bank or financial institution. Simply present the teller with your card and your form of identification to get cash back.

Another option for getting cash back is to visit a money order kiosk or post office and buy a money order that you can then use as a deposit in your checking account. This process can be a little time consuming and will incur some fees, but it can be a good way to turn your Visa gift card into cash.

It’s important to keep your gift card even after you’ve emptied it of funds in case you need to make a return that you purchased with the card. You should also keep receipts for any purchases that you made with a gift card, so that you can file a report with the company if the card is lost or stolen.

While some gift cards are usable with one specific retailer, other gift cards from payment networks like Visa, Mastercard, and American Express can be used anywhere that accepts them. Some prepaid gift cards are even reloadable, so you can add money to them to be used again in the future.

Exchange Kiosks

You can find gift card exchange kiosks at many popular stores, including grocery stores and pharmacies. These machines are typically self-service and offer a cash voucher when you sell your gift card for cash. These kiosks often look like stand-alone ATMs, DVD rental machines, or photo booths.

Depending on the type of kiosk, you may be asked to enter your gift card number and PIN in order to verify your identity. In some cases, you may also be asked to provide your driver’s license. This helps to protect you from unauthorized use of your card.

Once you have verified that your gift card is valid, the kiosk will process your information and show you how much cash you can get for your card. This amount is usually a percentage of the face value of your card. You should review this offer before you accept it, as the amount may not be a fair price for your card.

The best way to ensure that you are getting a fair price for your gift card is to check the balance on it before heading to the kiosk. This will help to save you time and money if you discover that you have used up your card before you can use it at the kiosk.

Another option to check the balance of your gift card is to sign up for a cashback app. These apps allow you to earn cashback on purchases at any store, and can help you get more for your gift cards.

For example, if you buy a $20 gift card at Walmart, you can use the Ibotta app to receive $10 back in cash. This can be a huge cash boost for your wallet!

You can also sell your Visa gift card on sites that specialize in online sales. However, these sites are not always a reliable source of cash, as they may charge a transaction fee for the sale of your card. If you want to maximize your funds, selling your gift card manually can be a better option.

Sell to Others

The best way to turn a gift card into cash without breaking the bank is to visit a post office or your local bank kiosk and pick up a money order. It’s not for everyone, and a money order could end up in the hands of a bad boy if you don’t handle it with care, but it’s a fun way to spend the cash and get some free stuff along the way. The best part is you can use the money to buy something cool for yourself or a friend. Depending on your lucks and your budget, the possibilities are virtually limitless.

Flip for Cash

Gift cards are a great way to give cash to family or friends. They’re easy to use and come in a wide range of denominations. They also can be used to make purchases at retailers or restaurants.

They are an excellent alternative to debit and credit cards if you don’t have one of your own or are locked out of a financial institution. In fact, they’re so popular that there are even apps that allow you to buy and sell them!

Unlike traditional gift cards to specific stores, these are usually accepted at any merchant that accepts Visa debit cards. They can be used at the point of sale, at ATMs and online.

If you need to return an item you purchased with a gift card, be sure to check the return policy of the company that issued the card. It’s important to know this so that you don’t have any problems in the future.

Before returning the item, be sure to take a receipt and verify that you made a purchase at the store on the specified date. If you can’t prove that you made the purchase, they may refuse your refund or only issue a store credit.

In addition, many retailers offer gift cards that can be used to purchase money orders. These are treated the same way as checks, but you would need to endorse them and show some ID if depositing them with a teller.

Some retailers also sell reloadable Visa gift cards, which can be reloaded and used for further purchases. However, these can be costly and they’re often limited in their use.

You can also exchange your Visa gift cards for cash through PayPal. This method is fairly easy and works for most cards but you do need to pay a fee of up to 3%.

Another option is to exchange your cards for cash through Square. This process is a little more complicated but can still be useful in some cases. The Square website will charge you a 3.5% fee but if you have a reader, the fees will drop to 2.75%.