How to move money from prepaid card to bank account

A simple and free way to load cash onto a prepaid debit card is to use a bank transfer. You can transfer money online, and it takes just a day or two for the money to become available. In this article, we walk through how to transfer money from a bank account to a prepaid debit card.

How to move money from prepaid card to bank account

One of the easiest ways to load money on a prepaid debit card is through an online transfer from a bank account. Bank transfers are free with virtually all prepaid cards, and the transfer can be completed online. There are, however, a few steps to take, and setting up the process can take a few days.

In this guide, we’ll walk through step-by-step how to transfer money from a bank account to a prepaid debit card. We’ll use the Netspend® Visa® Prepaid Card as our example, although the process is similar for all prepaid cards.

Step One: Get the Account Number and Routing Number

The first step is to get the bank account number and routing number associated with your prepaid card. Each prepaid card has an issuing bank that’s usually different from the card issuer.

For example, the issuing bank for the Netspend® Visa® Prepaid Card is MetaBank, Member FDIC. The account number is a unique number that identifies your prepaid card, and it’s different from the number listed on the face of the prepaid card. The routing number identifies the bank that issued your prepaid card.

It’s easy to get this information for your prepaid card. Using Netspend as an example, simply log into your Netspend account and select the button or link to add money or transfer money. The issuing bank, account number, and routing number for your card will be listed under the option for adding money from a bank account.

Here’s what it looks like inside a Netspend account (note: the routing number for your card may be different than the one shown below):

How to move money from prepaid card to bank account

Step Two: Add Your Prepaid Card to Your Bank Account

To transfer money from your bank account to any other account, you have to set up an external account through your bank. While the process varies somewhat from bank to bank, the basic steps are the same.

Log in to your bank account and navigate to where you can transfer money. Your bank should have a place where you can set up an external account. Here you can use the bank, account number, and routing number of your prepaid card to create an external account. If you run into problems, call your bank and they should be able to walk you through the process.

How to move money from prepaid card to bank account

Step Three: Test Deposits

Before you can transfer money to your prepaid card (or any new account, for that matter), your bank will likely require verification of two small test deposits to the account. Once the deposits are reflected in your account, you log into your bank account and enter the amount of the test deposits.

This verifies that the external account has been set up correctly and that the transfers are being received by your prepaid card account. Once this verification is complete, you should be able to transfer money from your bank to your prepaid card.

Step Four: Transfer Money

Once your prepaid card is setup with your bank, transferring money is simple. Go to the transfer page on your bank’s website, and select the amount you want to transfer, the account to transfer the money from, and your prepaid card account as the account to transfer money to.

Transfers generally take at least one business day, so it’s important to note that the money will not be available on your prepaid card immediately.

Many countries use prepaid cards for their citizen’s financial activities. In the US, a prepaid card is one of the common methods to perform payments and various money transactions. Therefore, it is a common thing that a new user of prepaid cards wonders how to send money from prepaid cards to a bank account.

See Video How To Easily Send Money Overseas

While sometimes there is not much information provided about this explanation. So that this article will help to show what are the steps to perform the money transfer from your prepaid card to your bank account. For more details of information, the following paragraphs will give an overview.

How to move money from prepaid card to bank account

  • The benefit of Prepaid Card
  • Can You Send Money to Bank Account from Prepaid Card
  • How to Send Money from Prepaid Card to Bank Account in Specific Steps
  • General Prepaid Card
  • Prepaid Gift Card

The benefit of Prepaid Card

A prepaid card is a card with many benefits for the user. In some countries such as in the US, a prepaid card can be a benefit to using as a payment method, receive funds from the government, and also for shopping groceries or daily needs. Therefore, the presence of this card is important for many US citizens. Since the card is a much easier way to perform various payments rather than bringing cash everywhere.

Related to this prepaid card, there are many things also being a consideration. Such as how to use it for payment, how to shop with the card, and then how to send money to a bank account. Since some people sometimes need cash rather than the amount of money inside it.

Before jumping into some steps of how to send money from a prepaid card to a bank account, it is necessary to understand whether this activity is possible. For information, sending money from your prepaid card to your bank account is possible to perform. However, you will need to do some steps so that this can be performed easily.

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Therefore, anyone who plans to withdraw some cash from a prepaid card will possibly perform it. One of the ways is by sending the amount of balance to your bank account. So that later on you can withdraw the money and use it for another purpose which may not be able to perform through the prepaid card. For further information, related to the steps, the following paragraphs will give a clearer overview.

How to Send Money from Prepaid Card to Bank Account in Specific Steps

There are commonly two types of prepaid cards, general prepaid cards, and prepaid gift cards. To manage to transfer some amount of money to your bank account, you need to make sure the type of your prepaid card. Since it will give you different steps to transfer the balance to your account. The details of each type of prepaid card will be the following.

General Prepaid Card

If you hold a general prepaid card, then you will be able to send money to your bank account through Money Gram. Therefore, you need to sign up for this site so that you will be able to perform the money transfer. The signup process is very easy since you only need to put your complete data mainly your email and password to create an account.

Once you are successfully signed in to the Money Gram, you can directly go to the page of sending money and search for more detailed steps to perform. On this page, you will be required to enter the amount of money to transfer. Then you are also requested to select the card and perform a bank deposit. After that, you will need to fill in all the information related to your bank account. So that the money transfer will not be wrong and can be performed accordingly.

After finishing all details about your bank account, then you will see the next button to perform the money transfer. Simply click this button and then your money transfer from your prepaid card to your bank account will be performed directly. Usually, it takes less than a day to perform the transfer and you can directly see the money appear in your bank account balance.

Prepaid Gift Card

If you hold a prepaid gift card, then you shall sell the card first through some e-commerce or online websites such as Card Cash. To perform this activity is also easy. You need to create an account in Card Cash and then get offered from your prepaid card. If your prepaid gift card is bid with some amount, then you can continue the payment.

Usually, you will receive the payment through PayPal. Therefore, this can be done if you connect your Card Cash with your PayPal account. Then once the money is received in your PayPal account, you can easily withdraw the money to your related bank account.

Download Transfez App

Transfez App can help you transfer money abroad more quickly and efficiently. Transfez Business can also help your business in making transactions abroad. For those of you who want to send money to relatives who are abroad because they are studying, working, or traveling, Transfez will be ready to help. This app is available on Android as well as iOS.

Download Transfez App on Android
Download Transfez App on iOs

Those are all the information on how to send money from a prepaid card to a bank account. With the above explanation, now you can freely be sending money to your bank account from your prepaid card. So that in case you need to withdraw money or plan to save some amount of money from the prepaid card, it can be performed easily without further problems.

Can you transfer money from a prepaid card to your bank account?

Most prepaid cards will allow you to log in and transfer money from your prepaid card to your bank account by using the card's online app or website.

How do I get money off a prepaid card?

At an ATM. Most prepaid cards come with or allow you to assign a PIN to the card when it's activated. You can then use this PIN at an ATM to withdraw money. Enter the card into the ATM, enter your PIN, and withdraw an amount up to either the balance on the card, or the maximum daily limit.

How do I transfer money from a Visa gift card to my bank account?

How to transfer a Visa gift card to a bank account?.
Add the card to your PayPal or Venmo account and transfer the balance to your own account..
Get money for a voucher issued by a Gift Card Exchange Kiosk and then deposit it into your account..

What app can i use to transfer money from a prepaid card to my bank?

If you're searching for a fast and affordable way to transfer money directly from prepaid cards, look no further than Paysend. Download the Paysend app via the App Store or Google Play, or visit us online to get started.

Can you transfer money from a prepaid card to another card?

Firstly, you can withdraw the amount as cash from an ATM, usually as a minimum of $20, and deposit it into your bank. Alternatively, you can transfer money from a prepaid card to another prepaid card in an instant.

How do I transfer a prepaid gift card to my bank account?

How to transfer a Visa gift card to a bank account?.
Add the card to your PayPal or Venmo account and transfer the balance of the gift card to your own bank account..
Get money for a voucher issued by a Gift Card Exchange Kiosk and then deposit it into your account..