In today's digital age, having access to convenient and secure ways to manage your finances is crucial. One common challenge many face is finding a reliable method to transfer money from a Visa gift card to a bank account. Whether you've received a gift card as a present or earned one through rewards programs, transferring its funds to your bank account allows you to access your money effortlessly.
1. Utilize Third-Party Services:
Third-party services such as PayPal and Venmo offer platforms that enable you to transfer money from Visa gift cards. These services typically charge a small fee for the transaction, but they provide a convenient and secure way to move your funds.
Service | Fees |
---|---|
PayPal | 2.9% + $0.30 |
Venmo | 3% |
2. Sell the Gift Card:
If you're unable to use the gift card directly, you can sell it to a gift card exchange website or store. These platforms purchase your gift card at a discounted rate and deposit the funds into your bank account.
Exchange Platform | Discount |
---|---|
CardCash | 70-90% of face value |
Raise | 75-95% of face value |
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