Can I withdraw cash from my gift card or get cash back? (2024)

FAQs

Can I withdraw cash from my gift card or get cash back? ›

No. The Card cannot be used for cash withdrawals.

Though the two cards are similar, only prepaid cards can be used to get cash from an ATM or to get “cash back” from a merchant. Gift cards cannot. Read the terms and conditions on the back of your card to know for sure.

No. Cash cannot be withdrawn from a gift card, and you cannot get cash back in connection with a purchase transaction.

For the most part, companies tend not to allow the return of gift cards unless required by state law — more on that further below. There are exceptions with certain stores, though. For example, Gap allows customers to return unused physical gift cards and cancel scheduled e-gift cards for a refund.

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.

Cash App, a popular mobile payment app, offers a convenient way to sell gift cards and receive instant payment.

Nonreturnable; not for resale.

Notwithstanding anything contained in these Terms and Conditions, Walmart plastic Gift Cards and eGift Cards ("Walmart Gift Cards") are not returnable or refundable for cash except in states where required by law. Resale of Walmart Gift Cards is strictly prohibited.

Withdraw cash from ATMs

Prepaid cards work in much the same way as any standard debit card. You are issued a PIN which allows you to withdraw cash from ATMs. While many ATMs are free to withdraw from, some may charge a fee for withdrawals though no matter what kind of bank card you use.

How do I get cash back from my Visa gift card? ›

Gift card exchange kiosks are typically located in grocery stores, malls, and other retail locations. These kiosks allow you to exchange your Vanilla Visa gift card for cash, minus a fee. The fee will vary depending on the kiosk operator, but it is typically around 10% of the gift card's value.

There are several ways to transfer money from a gift card to a bank account. One option is to link the gift card to an online payment service like PayPal, Venmo, or Cash App. Once the card is connected, you can simply forward the money to your bank account.

The Visa Gift card is accepted everywhere Visa cards are accepted, including ATMs, around the world. Visa Gift card recipients can choose the gift they prefer at any store accepting Visa cards. This card marks the end of unwanted gifts and the inconvenience of having to exchange them for other items.

If direct deposit isn't an option, or if you'd prefer a different method, you can use a money transfer platform such as PayPal or Venmo. These platforms allow you to link your Visa gift card as a payment method, after which you can transfer the balance to your bank account.

Additionally, please remember that your Card cannot be used for cash withdrawals, gambling, recurring payments, or paying at the gas pump. If you do not have sufficient funds, see section "How do I pay for an item which costs more than the balance on my Gift Card".