Whether you have a Vanilla Visa gift card, Visa prepaid card or another type of card, it is safe if you use one of the options mentioned above to get cash. In fact, its so common for people to not use gift cards that theres a financial term that retailers use when doing tax accounting to describe income they make on gift cards or other prepaid services that consumers don't redeem: breakage. You can also exchange your gift card for an Amazon Gift Card or convert it to cash using Prepaid2Cash. How is net worth calculated? 1. When you file your 2022 tax return, youll notice your child tax credit is significantly smaller than last year. This is to ensure that any unusual activity conducted takes place only outside of our control, which we are not liable nor responsible for any card status and balance changes that occurred beyond our enclosed infrastructure. Our app is all about saving you time and money. Then pay yourself via your main account which is connected to your checking account. You can sell your gift card, trade it in for cash, or use your gift card to gain points that will save you money. Maybe you received a gift card to a hardware store but arent a DIYer, or you've collected several gift cards for fast-food chains yet are trying to eat healthier. In as little as 15 minutes, the Prepaid2Cash mobile app can convert . Develop the tech skills you need for work and life. All gift card balances must be less than $2,000. It will buy gift cards from a list of brands including JCPenney, IHOP and Amazon. Promo credit applied over 36 months; promo credits end if eligibility requirements are no longer met. We encourage you to verify all terms and conditions of any product before you apply. Thanks to all authors for creating a page that has been read 440,772 times. There are numerous apps and websites that let you sell Visa gift cards for cash. You can pay your Verizon home bill with a one-time payment from a Verizon Gift Card when youre using Auto Pay. I was so happy I was zooming out to hurry and buy gifts!Thanks again Gift Card Xchange! Sell Verizon Gift Cards | Raise Home / Sell Gift Cards / Verizon View Seller Fees Sell Verizon Gift Cards At this time, we are not accepting this brand for sale on the Raise Marketplace. What Is Gift Card Granny? Luckily, there are several things you can do to turn your card into cash. You can use your Verizon Gift Card to buy devices or accessories, replenish your prepaid mobile plan or pay your Verizon mobile or home bill: You cannot use the Verizon Gift Card for purchases at Verizon Authorized Retailers. If you want to turn a gift card into cash, exchange it for cash online, trade it in at a kiosk at your local grocery store, or simply sell it to a friend. Correct answers are available for this post. Another way to convert your gift card balance to become as good as liquid cash is by using it to pay your bills. To get started its easy to sign up for a free account.We don't require a credit or debit card to get verified.Once you have completed a card submission for review, our specialized team will begin processing your gift cards in the order it was received. But how does this relate to converting your gift cards to cash? Important: You must have a balance due to be able to add a Verizon Gift Card as a bill payment option. Make sure you are getting every dollar possible from Uncle Sam with these tax refund tips. You can choose to either accept an offer or list your card for the desired price. Put The Gift Card in Venmo 10. For more information, please visit each company's website for additional terms & conditions. However, I searched really hard and all it says is Verizon gift card can only be used for Verizon. A more indirect way to convert your Visa gift card to cash is to buy a different gift card. All you need to do is log into your Amazon account and enter the details of your Verizon gift card. Here are some websites to sell giftcards for cash: Raise, Cardpool, Giftcard Granny, Cardkangaroo, Cardcash, ABC gift cards, and GC Spread. Ultimately, this isnt the best way to convert your Visa gift cards to cash. If you have a Visa gift card, you might be wondering how to convert it to cash. They just wanted the sale. After you download the CardSellapp, you share the gift card number and pin. For example, for a $25 Target card, you can expect to receive an offer of around $20, maybe a little more or less. Just use the gift cards on your bill or groceries, save the actual cash and then pay off your phone. Verizon Gift Cards don't have an expiration date and aren't subject to dormancy or other fees. Typically, you will be offered a maximum of 8590% of the true balance on your gift card. Here's a look at what you can write off and how the process works. Banking | Business | Insurance | Taxes, About | Team | Contact|Press |Policies. Most sites featured in this guide offer between 80-85% of the value of the gift card, offering you the chance to still put the cash to good use. A Coinstar Exchange Kiosk is different than a regular Coinstar machine that only exchanges coins for bills. All you have to do to get cash for the remaining balance on your gift card is follow these steps: We will send your claim to the nearest outlet for them to process. - https://youtu.be/x8prkf_OG2wHey fellow investors! Go in your PayPal account and create an invoice to yourself for the maount of the gift card. They all have different benefits, so really, it just depends on your preferences. This isn't exactly like getting cash, but if you need to buy things from the updated store, the card essentially works just like cash. Read on to learn how. WalletHub ranked Raise.com as the second best gift card exchange for sellers, with the average resale value on the site topping $81 for an $100 gift card . Not interested in selling your unwanted gift cards? For instance, you can find clearance items at your local big box store and resell them online for a profit. This will help you determine what strategy to use as you flip your Visa gift card for cash. However, you might pay extra to do this if the merchant youre shopping at charges a fee for Visa-based purchases. Since you can buy almost anything you could ever need on Amazon, you would essentially be converting your Visa gift cards into cash. Method 1 Selling Your Gift Card 1 Sell your gift card to a website. CardCash also has some of the fastest pay outs around (generally within one to two business days). And whether you sell or buy a gift card here, you'll earn reward points. You typically wont be paid for the full value of your gift card. Another way to sell a Visa gift card for cash is to just sell it on an online exchange. Some websites you can sell your gift card to are Cardpool, Raise, CardCash, and Giftcard Zen. While many of us love receiving gift cards, sometimes they just don't hit the mark. You'll get an offer once CardSell verifies the gift card with the retailer. At Gift Cards Xchange, we actively update our website periodically to enhance user experience. Be careful when meeting up with strangers to sell your gift card. All product names, logos, and brands are property of their respective owners. In this blog post, Ill walk you through the process of converting your Verizon gift card to cash, step by step. Gameflip suggests discounting your gift card at 2% to 15% of its value and will take a cut of the listing price, an 8% commission and a 2% digital fee if applicable. All Rights Reserved. To apply your gift card to your bill by phone call #GIFT (#4438) from your mobile phone or (800) 876-4141 from any phone. This app scans vendor-specific gift cards and Visa, Amex, and Mastercard prepaid cards and quickly returns a cash offer. Just enter the gift card number and other information to add it to your account. If youve recently received a Verizon gift card, youre likely wondering how to make the most of it. Joining the Verizon Community is a great way to stay up-to-date on all the latest offers and rewards. For example, CardCash will give you up to 92% of the value of your card. The carrier was drawing in new customers with a rebate program that would give customers a $500 gift card for each phone line that was switched. How do I apply a Verizon Gift Card to my Verizon home (Fios) bill? If you think that sitting in the junk drawer might be the fate of some of your gift cards youre currently hanging onto, you should consider turning them into cash. We apologize for the misinformation in regard to the Verizon gift cards you have received, as we did not provide the information that you needed. In turn, this will reduce the value of your Visa gift card. Enter the merchant's name and the balance on the gift card. If some of the balance has been used, you can tell the friend in advance and ask them if theyd like to use the rest of it. By subscribing to our mailing list you will always be update with the latest news from us. Due to inactivity, your session will end in approximately 2 minutes. Shop and save from over 250 major retailer brands. But how exactly does this equate to converting your card to cash? With almost every card, there will be multiple ways to do this: Any remaining balance is good news. Purchase & use of gift card constitutes acceptance of all terms & conditions. Unwanted gift cards can languish at the bottom of a pile of credit, debit and gift cards in a wallet for years and could possibly expire. In a Nutshell: Every year, consumers purchase or receive prepaid cards and gift cards worth hundreds of billions of dollars. To see a list of all brands that we aren't accepting at this time, please visit our Brands Restrictions page. Verizon used to do prepaid Mastercards which did work anywhere. Cash is available for pickup from one of our agent locations currently only in San Diego. For instance, a $100 gift card to Zappos may net less cash than a $100 gift card to Amazon. Yes. Instantly receive funds once your cards have been approved. If you learn to do it well, you can make money with retail arbitrage. 1 Scan your prepaid card in seconds; 2 Transfer directly into your bank account; 3 Receive money in as little as 15 minutes; yeah right theres no option for the gift card , only to pay bills not to buy accessories, That is also false information because I just tried to use the 2 gift cards I received for switching providers first I was told I could pay of my cancellation fee from the other company which is false then I was told I could use them to pay off phones which is also false because you cant add 2 gift cards together and if you dont have enough on one card you cant pay of the phone so thanks for all the miss information love a company with terrible customer service and one that gives out bad information to get you business. Single-use gift cards can be either physical (plastic) cards or electronic vouchers. Alternately, you can transfer money from your Venmo wallet to your bank account. You can buy an up to $1,000 Verizon Gift Card in any amount. CardCash | Gift Card Exchange - Buy, Sell and Trade Gift Cards "CardCash.com is the StubHub for Gift Cards" Turn gift cards into discounts SELL & EARN BUY & SAVE Search cards Invite Friends, Earn Rewards! If this happens, dont worry. Some didnt survive the pandemic and some have merged with others. More importantly, we all love shopping till we drop using somebody elses money! Our most popular way to pay. Join our newsletter and get our FREE Starter Budget! ClipKard has a quote tool that will reveal whether your card will be accepted and how much its worth. Funds availability may vary based on your PayPal account status. This company pays faster then any other gift cards website I know. If one of its 600 partner locations is near you, you simply take in your gift card and a valid form of identification and get cash for it. You can also get a bit more money if you list your gift card in the Cardpool buyer marketplace. Keep your personal and business expenses organized with a handy expense tracker app. You dont want to accept payment for less than the full value of your card. Yes, you may have to pay fees this way - but you'll walk away with cash that you can use anywhere, and you won't have to wait several business days for the money to clear. Make sure you do your research and compare offers on different sites to get the best payout for your card. One popular option is to trade in your Verizon gift card for a different type of gift card. How to Convert Visa Gift Cards To Cash 1. Many gift card vendors tell you that they will not exchange your gift card for cash except where required by law. This could be a great way to save on birthday gifts or holiday gifts. Additionally, you can join in on the conversation with other members and share your experiences with Verizon. Then you need to train your staff of this policy. This option can be one of the more simple solutions. So, you can consider Amazon Gift Card as an option. There are several ways to convert your single-use gift card to cashheres what you can try: While these methods are options, all of them have the same drawbackyou will not get the full value remaining on your card. Consider what you need the cash for, how much you are willing to pay in fees and what the easiest conversion method is for you. A $95.99 item paid for with a $100 gift card leaves $4.01 on the cardtoo little to buy anything without topping up out of our own pocket. It doesnt matter if you dont live in a state with a cash back policywe will make sure your request is sent to an outlet where your cash back is required by law. Privacy Policy. You also may be offered the opportunity to trade your gift card for another gift card, generally something that has more value than the cash. If you dont want the gift card to become a gift for the retailer, but you dont want to actually use a particular gift card to buy what the business is selling, there are ways you can turn your unused gift cards into cash. Even I went to the store once again only to ask a question about those gift cards and again he confirmed by reading his computer monitor that I can use them. All you need to do is enter your gift card information and the amount of money youd like to receive in exchange. Gift-card resale marketplaces have changed a lot over the years. Gift cards can be used to pay your Verizon home bill through your My Verizon home account on our website or using the My Fios app. Before you throw any of your single-use gift cards away, make sure to check the remaining balance. Shop and save from over 250 major retailer brands. You simply enter the amount on the gift card and QuickcashMI will tell you how much it will pay. The best places to sell gift cards depend on how fast you want your cash and how much of its value you are willing to lose. You might even be able to cash it where you purchased it. If you agree to the amount, youll send your gift card to ClipKard using a prepaid USPS shipping label. Hello. Is It Legit? Alternately, you can send the money to a friend or your own bank account. GiftCash Theres a 2009 federal law that states that most gift cards cant expire for five years, and many states dont allow them to expire at all. Just switched to verizon and I should be receiving the $200 gift cards for switching. They also have a handy iPhone app that allows you to quickly and easily sell your gift cards in just a few clicks. Learn more A gift card is a great gift for those who are difficult to shop for. On the home page, scroll to the billing tile. You may also want to check out CharityChoice, which will allow you to turn your gift card into a donation. Visit Verizon Community Complete a Transaction My Verizon Upgrade My Verizon Add A Line My Verizon Pay My Bill Shop Verizon Gift Card Shop Smartphones Verizon Visa Card Share Connect with us on Messenger Visit Community 24/7 automated phone system: call *611 from your mobile CardCash, for example, will donate them to St. Jude Childrens Research Hospital. Be sure to do some research before you buy the items you want to resell. So if youre ready to turn that gift card into cold, hard cash, keep reading! Purchase and Resell Items 9. If you know youll use a company-branded gift card, it can be more valuable to you than one from Visa. Then go pay it with the gift card. Your title is your answer. Take out your card and sell it NOW. Keeping your personal information is a priority for us, we never sell your information to advertisers. With this method, you will be able to transfer a Visa gift card to a bank account. You can also donate your gift card to organizations and individuals in need. After all, cash can be more versatile than plastic. Add The Gift Card To Your PayPal Wallet 3. Here's a look at the best shopping apps for saving money in the store and online. Visit a website like Cardpool or Raise, which will purchase the card from you. The site even lets you search forgift card exchanges near youso you can sell physical cards and get paid instantly. Can You Return Gift Cards for Cash Without Breaking a Sweat? At that point, you can withdraw it using digital payment systems. That said, this capability is rare. Have you heard about retail arbitrage? Does It Actually Work? 1. aunttray916 3 yr. ago. Doing so keeps us on the edge of technology as we lead the Gift Card Industry. With 2 years of writing experience and a Masters degree in English, I love to write about Tech, family and lifestyle research. Instead of letting unwanted gift cards go to waste, turn them into cash. After you earn 1,000 points, you can cash them in for a $10 discount on future purchases. Description. If your reloadable gift card is running low on funds, you can reload it. Plus, you dont have to worry about any expiration dates or fees with the Amazon gift card. Prepaid2Cash is an agent of Evolve Bank & Trust. Many people will consider buying Visa gift cards from you if it means they get a deal. Animals and Pets Anime Art Cars and Motor Vehicles Crafts and DIY Culture, . While you can use a Visa gift card for many purchases, you cant use it for everything. That way, the cash is readily available when you need it. Apr-25-2011 07:55 PM. You can't use it if your gift card store has closed down, you cannot use it any longer. For example, sell a $25 gift card for $22. Check sent to mailing address on file, ACH electronic direct transfer to account. Valid on first purchase for a limited time only. All data transferred on this website is secured with 256-bit SSL encryption. "This saves you money right off the top by eliminating one entry from your holiday shopping list.". Here are some ideas for people of all ages that wont break the bank. Claiming credits could wipe out your tax bill and even result in a refund. My family bought 4 phones from Verizon and got e-gift cards came through my Email and the worker who was working at the Verizon store said Verizon will send you four $150 e-gift card and you can use them in other vendors online and also some of my friends said the way to do that is I can move that $600 Verizon gift card to a debit card or *What were are doing when you experienced the problem? Had some gift cards and googled for a place to get cash for them and found this company. Shop February's most popular brands. We all love receiving gift cards as presents. Sample Payouts for $100 Gift Cards, AtCardpool, you can choose between selling your card for cold, hard cash or you can earn 6% more if you exchange it for an Amazon store credit instead. With the Amazon gift card, you can shop for anything at any of their online stores. Where can I use Fry's gift card ? However in some cases may take up to 3 days, as this is based on the type of card from the merchant brand. Generally, you can receive up to 92% of the cards value; youll never get the full 100%. Turn your prepaid cards into cash. Always make sure to check the balance on your card before selling it. Thanks alot. Save my name, email, and website in this browser for the next time I comment. Its important to remember that there are scammers and illegitimate websites that will offer to turn your Visa gift card into cash. The cash and and gift card offerings vary. It's a digital gift card to be used with Verizon only. Buy a Verizon Gift Card. Dont know what to do with the rest of your Gift Cards? The two covered are CardCash and CardPool. Use it to try out great new products and services nationwide without paying full pricewine, food delivery, clothing and more. You dont have to be a gamer to use this site, but it helps. Gift cards are non-refundable and cannot be returned for a cash refund . Yes. Were committed to providing the world with free how-to resources, and even $1 helps us in our mission. Use the ideas that work best for you so that you get some extra cash quickly. You can upgrade to priority shipping, but the added expense will come out of the money you receive. There are several unique ways to convert Visa gift cards to cash. But as you would expect, the answer is often no. Understanding how bonuses are taxed can be confusing due to the withholding laws. There may be one or two gift card sites that look safe but actually have a lousy reputation when you you check with the Better Business Bureau. This will ensure you can sell your Visa gift card quickly. The Verizon associated then said the gift card would arrive in about 8 weeks & it could be used anywhere. Dealing with the never-ending paperwork is a thing of the past for DoNotPay users! Youll then receive an Amazon gift card with the same amount of money as your Verizon gift card. If you sell or buy a gift card here, youll make a Gameflip profile, then list your gift card along with your selling price. Keep in mind that you may get a fraud warning from Venmo if you attempt to add your Visa gift card. It allows you to trade in your Verizon gift card for an Amazon gift card and spend it wherever you want. Tags: money, personal finance, consumers, inflation, gifts, holidays, holiday shopping. Here at Gift Cards Xchange, we've taken all the necessary security measures and put them in place to assure all information is secured, kept confidential and safe guarded to prevent data breach. If you reject the offer, the kiosk will give you back your gift card. Some stores, such as Target, will accept gift card returns so long as they are unused and you have the original purchase receipt, which can make for an awkward conversation if you received the gift card as a, well, gift. Retailer policies differ on the return of store gift cards, Hollars says. Another unique way to turn your gift card into cash is by using it to pay bills. Pay Bills With The Gift Card 8. In turn, this allows you to use that budgeted cash for other needs. So lets get started! {"smallUrl":"https:\/\/www.wikihow.com\/images\/thumb\/1\/1f\/Turn-Gift-Cards-Into-Cash-Step-1.jpg\/v4-460px-Turn-Gift-Cards-Into-Cash-Step-1.jpg","bigUrl":"\/images\/thumb\/1\/1f\/Turn-Gift-Cards-Into-Cash-Step-1.jpg\/aid9572783-v4-728px-Turn-Gift-Cards-Into-Cash-Step-1.jpg","smallWidth":460,"smallHeight":334,"bigWidth":728,"bigHeight":529,"licensing":"