- Updated by Juan Herrera
- on March 30, 2022
- | Internet Browser, Mobile Apps, Online Payment System, Side Hustle
Having the freedom of choice is one of the best gifts anyone can give you — and gift cards ensure you get exactly what you want. While a Visa Gift Card can be used at a variety of different in-person locations and online, sometimes having cash works out better. But what’s even better than cash? Use a cash app to spend your gift money at a variety of different places.
Carrying cash means having one more thing to keep track of, and it takes up a lot of space in your back pocket or wallet. We live in a digital age, and you should be using the technological advances to your benefit. If you find yourself wondering how to transfer money from Visa gift card to Cash App, we’ve got you covered.
A Visa Gift Card?
Before learning how to transfer money from Visa gift card to Cash App, it’s helpful to know exactly what a Visa Gift Card is. In essence, it’s a prepaid Visa card that can be used at places around the world to purchase things.
It functions like a debit card, with the purchaser loading a specific value onto the card at the time they buy the card. Every time you use the card, the amount of the item is deducted from the money that was originally loaded onto the card. When the money runs out, you can no longer make purchases.
Why Would You Want to Transfer Money from Gift Card to Cash App?
Even though Visa Gift Cards are accepted at a variety of different places, you may still be wondering how to transfer money from Visa gift card to Cash App. Why? There could be many different reasons, including the following:
- You prefer to have cash instead of gift cards
- You owe someone that money, and instead of sending the gift card directly to them, you want to send them the cash through an app
The reason for transferring the money will be your own — we aren’t here to judge. But we are here to help you transfer money from gift card to Cash App so that you can do with it what you will.
How to Transfer Money From Visa Gift Card to Cash App
Step 1: Open a Cash App Account
The first thing you’ll need to do when wondering how to transfer funds to Cash App is to make sure you have a Cash App account. You can either go to the website or download the app on your phone and follow the prompts to open an account.
You’ll need to link a bank account to your Cash App. Follow the instructions to achieve this goal.
Step 2: Open a PayPal Account
The next step in the process is to make sure you have a PayPal account. Again, you can either go online or download the app and follow the instructions.
You’ll need to make sure you connect a bank account to your PayPal. That’s part of the process of being able to transfer the money from the Visa Gift Card to your Cash App account.
Step 3: Upload Your Visa Gift Card to PayPal
When wondering how to transfer Visa Gift Card to bank account using PayPal, after logging into your account, you’ll need to add the gift card information to your PayPal account, following these steps:
1. Add to Your PayPal Balance
On your PayPal homepage, at the top of the screen where it says “PayPal Balance,” click on the three dots in the right-hand corner of the screen.
When the drop-down menu appears, click on the “Go to Money page” option.
2. Add Money
On the new screen that appears, scroll down until you see the section that says “Cards.” If you already have a card linked to your account, you will see that. You will also see a box that says, “Link a new card.”
3. Click on that
A new screen will appear asking for the card information. Your Visa Gift Card is considered a debit card, so pick that option and then enter the rest of the data into the required fields.
4. Transfer to Your Bank Account
Once the card has been added, you can then tell PayPal to transfer those funds to your linked bank account.
Step 4: Add the Funds to Your Cash App
After you’ve transferred the gift card funds to your bank account, you will then move the money from there into your Cash App account.
You’ll need to be logged in to do this, and the bank account that is connected to your PayPal should be the same one that is connected to your Cash App.
Follow the instructions to upload funds from your account. After completing that task, you’ll have moved the money from the Visa Gift Card to your Cash App account.
Add the gift card directly to your Cash App
When wondering how to transfer money from Visa gift card to Cash App, in addition to using the PayPal method, you can also add the gift card directly to your Cash App account and use the money that way. Here’s what you’ll need to do:
Step 1: Open Your Cash App
If you’re wondering what prepaid cards work with Cash App, Visa Gift Cards are one.
The first thing you’ll need to do when adding a Visa Gift Card to your Cash App is to log in to your account. This can be done online or using your phone.
Step 2: Click on the Cash Tab
You can find this in the lower left-hand corner of the screen.
Once you have opened this tab, you’ll need to scroll down and look for the current debit card you have linked to your Cash App account and click on it.
Step 3: Remove the Current Debit Card
One thing to keep in mind is that Cash App only allows you to have one debit card uploaded into your account at a time. That’s why you need to remove the debit card that is currently linked to your account.
A new screen will open with information about the debit card. In the upper right-hand corner of the screen, you should see three dots.
Click on those.
When the drop-down menu appears, click on the option that allows you to remove the current debit card.
Step 4: Add Your Visa Gift Card
Click on the three dots once again so that you can add a new card.
When the prompts appear on your screen, add the needed information, including:
- The card number
- The expiration date
- Your zip code
- The CVV code
Step 5: Click the Add Button
After adding the data, click the add button. If your gift card has been activated and registered, the funds will appear in your Cash App account so that you can use them.
Once you’ve gone through the prepaid balance, you’ll need to add another debit card to fund your account.
How Does it Work?
Visa Gift Cards function like debit cards. You have a set amount of money that has been prepaid to the card, and when you make a purchase, that amount is subtracted from the total on your card.
Whether you use the card as is or transfer the money to your Cash App, the funds are subtracted from the total when you use it to make purchases.
What Are the Benefits?
Sending people cash or gift cards for a special occasion has been going on for an incredibly long time. It’s the perfect gift because it allows the person to get what they want, and you still get thanks for remembering them and getting them a gift.
Since we currently live in a digital age, it seems incredibly silly to send people actual gift cards (or cash, for that matter). Sure, they can still use these items, but it would be so much easier and more convenient for them to have the money sent directly to an app so that they can use it as they see fit.
Visa Gift Cards are accepted in a lot of places, but if a person has the funds in their Cash App account, they can do even more with it — and who doesn’t like to have options when it comes to spending their money?
Are There Any Fees?
Typically, there aren’t any fees associated with transferring the Visa Gift Card balance to your PayPal account or when you upload it to your Cash App account.
However, there are fees associated with the card when they are initially purchased. That means if you’re the buyer of the card, you can expect to pay more than the amount you are adding to the card. The amount of the fee will depend on the card’s value and where you buy the card.
Knowing this ahead of time can help you plan accordingly and know what to expect when buying a Visa Gift Card for someone else.
How Do I Get Started?
When wondering how to transfer money from Visa gift card to Cash App, the first thing you need to get started is having a Cash App account.
You can either go directly to the website to open your account, or you can download the app on your Android or iPhone.
Not only can you use Cash App to send, receive and request money from friends and family, but you can also use it to invest in stocks. This can be a great way to manage your money and make a little extra on the side.
What Else Do I Need to Know?
One of the other questions you might be wondering is: What prepaid cards work with Cash App? Can I upload any of them?
The answer to this is no. The only cards that work with Cash App are those that are government-enabled prepaid cards, such as Visa Gift Cards. If you happen to have any other cards that fall under the government-enabled category, then you can add them to your Cash App and use the funds for various purchases.
You may also be asking if there are other cash apps that accept prepaid cards in addition to or instead of Cash App. The answer is yes! PayPal allows you to upload prepaid cards. Does Venmo accept prepaid cards? It sure does!
The only thing to keep in mind is that to be able to use these other cash apps, you have to be signed up for them. Most of them are free to open an account, and they are easy to use and access.
However, be aware that you usually have to link your bank account to these apps, and if you have a lot of them, you might open yourself up to getting hacked. Always be cautious and aware of spending activity that occurs in your cash app accounts.
Spending Money Has Never Been So Easy
The advancements in digital technology have made it easier than ever to be able to send, receive and request money from family and friends. Cash apps have also made it easier to spend money on items that you need (and even more that you don’t).
Gift cards are a great present to receive because they allow the recipient to spend the money on what they really want. This benefits both the gift giver and the gift receiver. Visa Gift Cards are a good choice because they are accepted in a variety of different businesses and online.
For many, having their payment methods available at their fingertips means that having cash or cards on them is old-fashioned. If they receive a gift card, they want to be able to add their funds to their account and spend it using an app.
If you find yourself wondering how to transfer money from Visa gift card to Cash App, you have a couple of different options to choose from. Either one will ensure you have the money in your digital account so that you can spend the money as you see fit.
Add the gift card to PayPal and transfer the funds:
- Open a Cash App Account
- Open a PayPal Account
- Upload Your Visa Gift Card to PayPal
- Add the Funds to Your Cash App
Add the gift card directly to your Cash App:
- Open Your Cash App
- Click on the Cash Tab
- Remove the Current Debit Card
- Add Your Visa Gift Card
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