If you’re shopping for something extravagant this holiday season, why not consider Visa Gift Cards? There are a lot of perks when using credit and you can save some money as well! For example, instead of dropping $300 on a one-time purchase, you can use your card to make that purchase instead. Plus, you can make purchases at over 200 different merchants!
Cash is always better than gift cards. And while you might get Visa gift cards to the store for your birthday, anniversary, or Christmas, here are some other ways to receive them (almost always for free!) by entering your email address:
PayPal Express. If you exchange gift cards quickly, you can usually get your money back just by filling out a brief form. For many online stores, paying by cash or check will give you access to a greater number of merchants, but the fees associated with those are much higher. PayPal Express is a convenient, no-fee way to exchange cash and pay securely with a professional merchant.
Online Paid Surveys. While you don’t have to pay any fee to use PayPal for exchanging your gift cards, you do have to pay a fee to start the process. The fee is usually less than one half of one percent of the full amount you want to exchange, so it isn’t a huge investment. The amount of time it takes to complete the transaction is usually less than 30 minutes, which beats the two to three days it would take if you had to mail in your completed form.
Trade Deposits. Depending on the exchange provider, some providers will allow you to convert your trade debt using your Visa to cash. This may apply to cash advances and other kinds of credit card debt. To find out whether you can convert your balance, go to the website of the exchange company. Be sure to read the terms of service, including the section about not being able to convert your balance for six months after your account has been discontinued.
Gift Card Conversions. You can also use your Visa to PayPal connection to convert your balance to cash at an online store. The terms of service vary from site to site, so it’s best to read their information carefully. In some cases, you might even be able to set up automatic payments from your account to automatically convert your balance. Just be aware that you won’t usually get the full face value of your converted balance.
How Can I Use a Visa/MC Gift Card With My PayPal Account?
The majority of users are not aware that the majority of online retailers offer the ability to pay with a Visa/MC gift card online. It is often more convenient and easier to pay with these cards, because they are often associated with one-time use and don’t expire until the next billing cycle begins. For example, if a customer wants to purchase an item and make the purchase within the next two days, the customer can use the Visa/MC gift card as an electronic checkbook until the bill for the purchase is paid in full.
It is not possible to insert funds from your PayPal account into your PayPal account using any non-Visa/MC gift cards; whether a debit, credit, or prepaid card. This means that you cannot automatically convert your Visa/MC gift cards into cash, which could be the primary method of payment for many customers. However, if you want to quickly and easily send money to family and friends, sign into PayPal.
The easiest way to send funds to family members is to use your bank or a third party processor like PayPal. Another way to send funds quickly to family members is to visit PayPal’s website, and use their online checkbook option. This is not supported by Visa/MC, but if you have a bank account, this may be another way to pay someone for goods and services that you want to buy or rent. If you decide to visit PayPal’s website to pay someone, you will have to download the Apple Pay app. Apple Pay is a payment platform designed specifically for the iPhone and iPad and is supported by nearly all major banks in the United States.