How do I put a Visa gift card into my bank account?

Answered by Cody Janus

To put a Visa gift card into your bank account, there are a few methods you can try. Let me share some options that have worked for me in the past:

1. Add the card to your PayPal or Venmo account: This is one of the easiest ways to transfer the balance of your Visa gift card to your bank account. Both PayPal and Venmo allow you to link your card and transfer funds. Simply create an account (if you don’t have one already), go to the “Wallet” or “Settings” section, and add your card details. Once the card is linked, you can transfer the balance to your bank account. Keep in mind that there may be some fees associated with this method, so make sure to check the terms and conditions.

2. Exchange the gift card for cash or a voucher: Some malls or shopping centers have Gift Card Exchange Kiosks where you can trade your Visa gift card for cash or a voucher that can be deposited into your bank account. These kiosks typically have a machine that validates the card and offers you a cash or voucher amount based on the card’s value. While this option might not be available everywhere, it’s worth checking if there’s a kiosk near you.

3. Use an online gift card exchange platform: There are several online platforms, such as Cardpool, Raise, or Gift Card Granny, that allow you to sell your gift card for cash. You can create an account, provide the necessary details about your Visa gift card, and then choose to receive payment via direct deposit to your bank account. These platforms usually charge a small fee or take a percentage of the card’s value as a commission, so be sure to review the terms before proceeding.

4. Consider using a peer-to-peer payment app: If you have friends or family members who are willing to help, you can ask them if they would be willing to transfer the balance of your Visa gift card to their own bank account. Once the funds are in their account, they can then transfer the money back to you through a peer-to-peer payment app like Cash App, Zelle, or Google Pay. This method requires trust and cooperation, so make sure to discuss the details and agree on any fees or compensation that may be involved.

Remember to always read the terms and conditions of any service or platform you use to ensure you understand any fees or restrictions. Additionally, be aware that some banks may have specific limitations or policies regarding gift card transfers, so it’s a good idea to contact your bank directly if you have any concerns or questions.