According to SendCredit, over 3.4 billion gift cards are sold annually in the U.S., with Visa gift cards being among the most popular choices. While these cards offer flexibility, many recipients prefer having direct access to cash instead. If you're looking to liquidate your gift cards, you're not alone - research shows that nearly 27% of gift card holders convert their cards to cash within the first month of receiving them.
Whether you're interested in selling gift cards locally or exploring digital conversion methods, this comprehensive guide breaks down your best options. From instant transfer services to local selling opportunities, let's explore the most efficient ways to turn your Visa gift cards into cash!
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Summary Table
| Item Name | Price Range | Best For | Website |
|---|---|---|---|
| PayPal Transfer | 2.9% + $0.30 fee | Digital transfers | Visit Site |
| Venmo Transfer | 3% fee | Peer-to-peer transfers | Visit Site |
| Prepaid2Cash Service | 5.5% fee | Direct cash conversion | Visit Site |
| Sell the Gift Card | 8-15% discount | Maximum value | Visit Site |
| Buy Money Orders | $0.70-$1.25 fee | Bank deposits | Visit Site |
| ATM Withdrawal | $2-$5 fee | Instant cash access | Visit Site |
| Purchase and Resell | Varies by item | Value maximization | N/A |
| Purchase | No direct fees | Direct spending | N/A |
| Resell | 10-30% loss | Cash conversion | N/A |
Convert Visa Gift Cards to Cash: 9 Quick Methods (2026)
Below you'll find detailed information about each option, including what makes them unique and their key benefits.
PayPal offers a straightforward way to convert Visa gift cards to cash by linking them as a funding source. Once linked, you can transfer the balance to another PayPal account or withdraw directly to your connected bank account.
Key features:
- Free transfers between PayPal accounts
- Standard bank transfers: 1-3 business days
- Instant transfer option available (1.75% fee)
Venmo provides a user-friendly platform to convert gift card balances through peer-to-peer transfers. Add your Visa gift card as a payment method, then send funds to a trusted contact who can return the money via a different payment method. See our guide on digital payment options for more details.
Notable features:
- No fees for standard bank transfers
- Instant transfers available (1.75% fee)
- Social payment feed with privacy controls
Prepaid2Cash specializes in converting gift card balances to direct bank deposits. As a BBB-certified service, they handle the entire conversion process through their secure platform, typically completing transfers within 1-2 business days.
What you get:
- Direct bank deposits within 1-2 business days
- Conversion rates typically 92-97% of card value
- Secure, BBB-accredited service
CardCash offers a straightforward way to convert your Visa gift cards into cash, typically paying 75-85% of the card's value. The platform accepts cards from over 1,000 retailers and provides payment via direct deposit, check, or ACH transfer within 1-2 business days.
What you get:
- Instant quotes for your gift cards
- Payment within 1-2 business days
- Option to trade for other gift cards at higher values
Walmart offers money orders up to $1,000 with a minimal fee of $1.00 per order. Once purchased, you can deposit these directly into your bank account. Note that some gift card issuers may decline money order purchases, so check your card's terms first.
Key details:
- Money orders up to $1,000
- $1.00 fee per money order
- Available at service desk or Money Center
While not all Visa gift cards support ATM withdrawals, those that do typically work at any ATM displaying the Visa logo. Be aware that both ATM operators and card issuers may charge fees, usually $2-5 per transaction. Check your card's PIN setup instructions and withdrawal limits before attempting this method.
7. Purchase and Resell
This method involves using your Visa gift card to purchase items that have strong resale potential, then selling them for cash. Focus on products with consistent demand like electronics, popular toys, or limited-edition items that can be resold quickly on platforms like eBay, Facebook Marketplace, or local marketplaces.
Key considerations:
- Research items with proven resale value before buying
- Factor in marketplace fees (typically 10-15%)
- Consider seasonal items for better margins
8. Purchase
Using your Visa gift card for direct purchases offers the simplest conversion path. Most major retailers, both online and in-store, accept Visa gift cards just like regular credit cards. This method works best when you're planning to make necessary purchases anyway, effectively converting your gift card to value without losing money on fees or discounts.
Where to use:
- Online retailers: Amazon, Walmart, Target
- Physical stores: Accepted anywhere Visa is taken
- Gas stations and grocery stores for essentials
9. Resell
Sell your Visa gift card directly through dedicated gift card exchange platforms for immediate cash, though expect to receive 80-95% of the card's value. Popular marketplaces like CardCash and Raise connect sellers with verified buyers while handling transaction security.
Trading options:
- Online exchanges: 80-90% cash value
- Local buyers: Up to 95% value possible
- Store credit options: Often higher redemption rates
Final Words
Converting Visa gift cards to cash doesn't have to be complicated, with options ranging from free methods like PayPal transfers to paid services charging 3-5% in fees. Choose the method that best fits your needs and timeline, considering factors like convenience, fees, and whether you need instant access to cash.