Can You Put Money on a Visa Gift Card?
If you have a gift card you’d like to put money on, there are several ways to do it. Some methods involve selling the gift card or using it to pay bills.
Others involve buying money orders and transferring the cash to your checking account. These options can be very cost-effective and are easy to do.
It’s easy
If you have a visa gift card that you’re no longer using or are simply sick of the reloadable plastic cards, there are plenty of ways to put money on them. Here are a few suggestions:
1. Regift the card to someone else (this is a great option for friends and family members). This allows you to decrease the amount of cash you need to spend on a gift while still giving the recipient a thoughtful and useful item.
2. Pay your bills with the gift card. Many utility companies allow you to pay your bill with a gift card, saving you money by decreasing the amount of cash that leaves your bank account.
3. Use the gift card to save on gas. When you fill up at the gas station, tell the cashier you want to use your gift card instead of paying with cash or your credit card. Then, make sure you have enough funds on your card to cover the amount of gas you are purchasing.
4. Link the card to an investment account. If you have a brokerage account, you can easily link your gift card to it and invest the money that is on it. This can be a great way to save money and grow the original amount of cash that you have on hand over time.
5. Transfer the gift card to a different PayPal account or Venmo account. You can do this by logging in to your PayPal account and adding the gift card balance to your existing PayPal account. Then, you can use your new PayPal account to make purchases from any merchant that accepts PayPal payments.
6. Sell your unwanted gift card for cash.
If you have a gift card that you no longer need or are simply tired of, you can sell it for cash on websites like Gift Card Granny. These sites buy and trade Visa gift cards, making it a convenient and fast way to get rid of the cards you don’t need.
Another way to convert your gift card to cash is to visit a kiosk at a post office or banking location. You can then purchase a money order with your gift card and deposit it into your checking or savings account.
It’s safe
It’s safe to put money on a visa gift card as long as you know what you are doing. There are several ways to use a visa gift card, including for everyday purchases and paying bills.
For one, you can use a visa gift card to pay your utility bill if the company accepts it. This is an excellent way to save cash without having to use a credit card or a checking account. You can also use a visa gift card to buy a money order from a local business.
Another way to use a gift card is to convert it into a digital wallet like PayPal or Venmo. This will give you more flexibility when making online payments. It’s important to note that these services charge fees when using them, so it’s best to deduct those from your gift card balance before using it for a transaction.
If you’re unsure about how to use your gift card, it is always best to call the issuer and speak with a representative. They may be able to help you avoid scams or provide you with information on how to report fraud.
It’s also a good idea to read the fine print on your gift card before you buy it. You’ll want to check out the activation fee, fees for not using the card for a certain amount of time, and other charges.
You should also make sure that you have enough money on your card to cover any preauthorization holds that are placed by some merchants. These can include hotels, car rental companies and businesses that offer tips or other services.
This is especially true if you are using a prepaid visa gift card, which tends to have higher fees than other cards. This will help you determine if a visa gift card is a good choice for you.
Scammers often use prepaid visa gift cards to steal money from consumers, so it is important to keep your eyes open for signs of a fraudster. For example, if you get a call from someone who claims to represent your gas company and threatens to disconnect your service unless you pay them by gift card, it is likely a scam.
It’s flexible
A Visa gift card is a great way to give someone an opportunity to spend their money on something they want. These cards are flexible in that they can be used almost anywhere that accepts Visa credit cards, which makes them a convenient option for many people.
Another good thing about gift cards is that they don’t come with a lot of extra fees, making them a great choice for people who are trying to save money. You can also use these cards to help you pay down your credit card debt.
You can use a Visa gift card for a number of different purchases, including gas and groceries. It’s important to note, though, that gas stations place a pre-authorization hold on Visa gift cards, which can cause problems if the card doesn’t have enough funds on it to cover the amount of fuel you want to purchase.
Some places like Walmart and Western Union allow you to buy money orders with your gift card, which can be redeposited into your chequing account later. However, you will have to endorse the money order and show some ID if you’re depositing it at a teller.
It’s also a good idea to keep some cash in your wallet at all times, especially if you aren’t sure where you will be going and what you will need to buy. This is because it can be easier to track your spending if you have physical cash in hand rather than just a Visa gift card in your purse.
If you need cash right away, you can go to a local gift card exchange shop and sell your card for some money. These stores typically accept Visa gift cards and pay you a percentage of the value.
You can also sell your gift card at a pawn shop or check cashing store. These places usually have an extensive network of locations across the country and will pay you a percentage of the card’s value.
If you need cash quickly, you can also try selling your Visa gift card on a website that will buy it for you. They typically pay up to 70% of the card’s value. It’s a great option for people who don’t have a lot of time to look around for ways to get the money they need and are looking for a quick and easy way to cash in their cards.
It’s convenient
If you have a visa gift card, you can put money on it and use it like cash at any retailer that accepts it. It’s easy, convenient and safe, and it can be a great way to pay down credit card debt or teach your kids about the value of money.
If someone gave you a visa gift card and it’s no longer valid, you can sell it on one of several sites that buy them. It can be a great way to earn some extra cash, but you should be sure to check out the seller’s ratings before you make a purchase.
Another way to sell a visa gift card is to give it away as a gift. This is a great way to let someone know that you care about them without having to spend money on something they may or may not want. It’s also a convenient option for giving to a friend or family member who has an upcoming event or birthday.
You can also use a visa gift card to pay your bills online and in-person. However, this method is not always available in all cases and you should verify with your billing provider before using it to pay for a bill.
Some companies have a pre-authorization hold on gift cards, so you will need to contact them before paying your bill with a visa gift card. You can also use a visa gift card for online purchases, but it’s important to know that some websites do not allow you to split payment between different methods, so be careful.
While this option might not be the best way to pay down your credit card debt, it can be a savvy solution for those who have large balances and need to clear them quickly. The advantage to this approach is that you won’t be charged interest for the money that you are using to pay down your card.
If you have a large balance on your Visa gift card, you can also consider selling it to someone who needs to use it. This will be a bit more work than selling it to someone you don’t know, but it can be a convenient and quick way to access the balance of your card.
