A: Yes. You may withdraw cash against the balance on most Mastercard prepaid and gift cards at any ATM. However, not all prepaid and gift card issuers allow ATM or foreign transactions. Be sure to check with your card issuer to ensure that these types of transactions are permitted.
How do I exchange a gift card for cash?
Go to a Gift Card Exchange kiosk to trade your card for cash. A Gift Card Exchange kiosk is usually bright yellow and located in a grocery store. Insert the card information into the kiosk and then choose to accept or reject the offer the kiosk gives you.
Can I transfer money from a gift card to cash out?
Yes, you can transfer money from a gift card to your bank account. Some gift cards allow you to transfer the balance directly to your bank account using direct deposit. Other gift cards require you to use a money transfer platform such as PayPal or Venmo to transfer the balance to your bank account.
How do I convert a gift card to PayPal?
Simply follow these steps:
- Log in to your PayPal account.
- Click on the "Wallet" tab.
- Click on "Link a debit or credit card."
- Select "Link a card manually."
- Enter the gift card information, including the card number, expiration date, and CVV code.
- Click on "Link Card."
Can you take money off a gift card at an ATM?
So because there is no broad difference between gift cards and prepaid cards, you can easily use your Visa gift card to withdraw money from the ATM. However, you can not use your preloaded card to withdraw cash at every ATM. The ATM you use must be the one that supports Visa cards – you will see a Visa logo on the ATM.
Can I cash out a digital gift card?
Sell your gift card to a website. There are several websites out there that will purchase your gift card and give you cash in return. Some websites will provide the prepaid postage for you to mail your gift card to them. If you have a digital gift card, some websites will purchase it from you immediately.