How To Transfer Visa Gift Card To Venmo (Step by Step Guide)

A Visa gift card is a prepaid debit card that users cannot reload. Once activated, the card functions exactly like cash. As long as there is a balance on the card, the cardholder can utilize it to make a one-time bill payment or shop anywhere that accepts Visa. Retail outlets and banks sell gift cards.

Table Of Contents

How To Load And Activate Visa Gift Card
How To Use A Visa Gift Card
Limitations Of Gift Card
How To Transfer Visa Gift Card To Venmo
How Do I Get Cash Out Of A Gift Card
Bottom Line
Related Articles
Frequently Asked Questions (FAQ)

How To Load And Activate Visa Gift Card

The card’s maximum and minimum load values are set by the issuer. The minimum amount is usually $25, with maximum amounts ranging from $500 to $750. Furthermore, the issuer decides whether the card automatically activates when a purchase is made or whether the receiver must first activate the prepaid debit card over the phone or online. Visa suggests that the buyer give the recipient the card’s terms and conditions documentation, including usage and activation instructions.

How To Use A Visa Gift Card

According to Visa, most gift cards do not include a personal identification number. Select the credit card option and sign a payment receipt for in-person transactions utilizing cards that do not appear with a PIN. If the card has a PIN, choose debit and enter your PIN or that arrived with the card. Like with a credit card, enter the card number and the three-digit security code for online transactions. However, regardless of where or how you utilize the card, Visa immediately deducts the amount from the available balance.

Limitations Of Gift Card

Users cannot use gift cards to withdraw money at an ATM or receive cash back at a cash register. Furthermore, issuers do not permit cardholders to use their cards to make Internet gambling purchases or establish recurring bill payments. Finally, though users may use gift cards at a gas station, spending at the pump rather than inside can lead to a 100 USD authorization hold that could take three to seven days to remove.

How To Transfer Visa Gift Card To Venmo

Venmo will treat any Visa card as a debit card. Therefore, users must go through the following steps to add a Visa gift card to their Venmo account.

Step 1: After you’ve launched the Venmo app, you’ll need to sign in.
Step 2: In the top left-hand corner, click Settings from the three lines.
Step 3: You can find preferences in the Settings menu.
Step 4: When scrolling through the options, tap on the payment methods option, the second item on the list.
Step 5: Scroll to the payment method menu’s bottom and select the option to add a card or bank.
Step 6: Select the second option by clicking on the card.
Step 7: Enter your prepaid card information and tap the camera button beside the card number to insert a photo of the card.
Step 8: It will also auto-fill the rest of the data.
Step 9: Because the card isn’t officially registere to any address, you can enter your zip code.
Step 10: Now, press the Add Card button, and wait for the card to incorporated into your account.
Step 11: Finally, you may transfer funds from your visa gift card to Venmo.

How Do I Get Cash Out Of A Gift Card

One of the simplest ways to get cash out of a gift card or convert the Visa gift cards to money is to sell the cards on Gift Cash and Gift Card Granny. You can sell your undesired gift cards on these sites and earn money quickly.

Bottom Line

Adding a gift card to Venmo works the same way that adding a debit card does. A gift card is a prepaid card, and Venmo typically accepts them as a payment method. However, it is not a foolproof method, and some cards may not accepted as a payment method. So, ideally, by completing the steps above, you will be able to test the gift card and see if it works.

Frequently Asked Questions (FAQ)

Is It Possible To Utilize A Visa Gift Card At ATMs?

If you already have a Visa gift card and are wondering if you can utilize it at an ATM, the basic answer is no. Since these gift cards are coded to be utilized at restaurants or stores, users cannot use them to withdraw money from an ATM.

Is It Possible To Transfer Cash From A Visa Gift Card To Debit Card?

No. It is impossible to transfer money directly from a gift card to a debit card. On the other hand, users can use Card Cash to add to their PayPal balance. You can also consider selling gift cards on sites like Gift Card Granny to receive cash for the gift cards.

Is It Possible To Transfer Cash From A Visa Gift Card To PayPal?

You can get money for your unwanted gift cards by selling them on the Card Cash website. In addition, you can deposit funds from a gift card directly into your PayPal balance, according to PayPal. However, remember that you will need to use your Visa gift card to purchase another merchant’s gift card before uploading it to the Card Cash website.

Is It Possible To Transfer Visa Gift Card To Bank Account?

While you cannot directly transfer a gift card to a bank account, there are some methods for obtaining cash from it, like transferring the gift card to your PayPal balance and transferring the PayPal balance to a bank account.

Can I Sell My Visa Gift Card To Others?

Yes, unless you want to, you can sell a Visa gift card that you no longer want to other people. You can sell your undesired gift cards and receive cash for them on sites like Gift Cash and Facebook Marketplace. If you don’t need Visa gift cards, you can also sell them to friends and family. If online retailing isn’t your thing, see if your friends and family are interested in your gift card.

Is It Possible To Make Money By Selling Your Gift Cards?

Yes. You can make money by selling your gift cards. The great thing about selling things online is that you can always locate a platform to sell items quickly.

Can You Cash In A Visa Gift Card At Walmart?

As per Walmart, you cannot currently exchange a gift card for cash at a Walmart location.

Can Visa Gift Cards Be Added To The Cash App?

Because the Cash app doesn’t accept a gift or prepaid cards, Visa gift cards cannot be incorporated as a payment option. When attempting to add the gift card, users are welcomed with a message stating that the Cash app doesn’t support prepaid cards.