How to transfer visa gift card to bank account venmo

When talking about a social and convenient app to receive and send money, we are talking about Venmo.  While adding a credit or debit card to your Venmo account is a walk in the park,  most Venmo users do wonder if a Gift card can also be easily added due to the different variety of gift cards. 


According to Venmo, Venmo users can not only link their Credit and Debit card to their accounts, but they can also link prepaid, branded cards such as Visa gift cards. If you’ve been wondering how to transfer a Visa gift card to your Venmo, we will be providing the guide in this article. 

  • How Do I Transfer My Visa Gift Card To My Venmo?
  • How Do I Find The Zip Code For My Visa Gift Card?
  • Is It Safe To Use My Visa Gift Card On Venmo?
  • What Other Type Of Prepaid Card Can I Use On Venmo?
  • Are There Other Alternatives Of Prepaid Card Options On Venmo?
  • Video Guide
  • Conclusion
  • Related Posts

How to transfer visa gift card to bank account venmo

To transfer a Visa gift card to your Venmo.

  • open the Venmo mobile app on your device and click on the menu option located at the top of your device screen.  Click on the Settings option, scroll to Preferences, and select Payment Methods.
  • Select Add bank and card and click on Card. proceed by inputting the Visa gift card details. To shorten the process, you can select the camera icon to capture the Visa gift card picture which allows the Venmo app to automatically input the needed details.
  • Once the needed details have been sorted, cross-examine the details and snake sure they have been correctly filled. You should also make sure you have filled in the ZIP code. 
  • Select Add once all the details have been correctly added

Once these steps have been taken correctly, your Visa gift card will be added to your Venmo payment option and you can now transfer your fund from the gift card to your Venmo account. The transfer process might take up to three days before it gets completed. 

How Do I Find The Zip Code For My Visa Gift Card?

You will be required to input a Zip code during the process of adding your Visa gift card on Venmo. To locate your Visa git card Zip code, check out the back of your Visa gift card and you will locate a website link that belongs to the card provider.

With this link, you will be able to successfully register and activate your Visa gift card.  By visiting the website link, you will be redirected to a page with the option to register your card.  Once you click on this option, you will be asked to [provide your Visa gift card details including the card number, expiring date, and CVV. 

After inputting the correct details, you will be logged in to the card and you will have access to update the card address and Zip code. This process is important as most gift card requires you to get registered on the website for a successful activation.

Missing this step will result in the card being declined when attempting to perform a transaction. 

Is It Safe To Use My Visa Gift Card On Venmo?

How to transfer visa gift card to bank account venmo

Venmo will put in the necessary actions to ensure the safety of its customers and their accounts. As a member of the PayPal franchise, Venmo makes use of the PayPal trusted Encryption and monitoring technology to make sure all transactions on Venmo are secure. 

The app also makes use of personal QR codes to make sure Venmo customers don’t send money to the wrong individual and account.  You can easily scan the code by positioning the Venmo Me QR code at the center of your device camera. 

This process will give you access to the recipient’s Venmo profile where you can make transfers, receive money or add friends. You can also make your QR code available to your friends and relatives by sharing it through mail and text message.

What Other Type Of Prepaid Card Can I Use On Venmo?

You can make use of almost all prepaid cards on your Venmo account. Cards from American Express, Visa, Mastercard, and Discover are all acceptable however, the card is required to be registered to your name before it can be used on your Venmo account. 

If you are having issues making use of your prepaid card on Venmo, it is advisable to contact Venmo customer service to get it fixed. It is also important to take note that you cant link your Paypal account and Paypal cash card with your Venmo account.

Are There Other Alternatives Of Prepaid Card Options On Venmo?

How to transfer visa gift card to bank account venmo

There are numerous payment options on Venmo, you can make use of your bank accounts, credit and debit cards, gift cards, ATM cards, and eligible prepaid cards.  You can also make use of a Venmo debit card.

Verified Venmo users can also use the Cash a Check option. This option allows you to easily deposit a check to your Venmo account by inputting the check amount and capturing the image of the check front and back.

Your check will get approved in two hours after which you will be required to write Void on the check, capture another image and send it to Venmo.  You can have your money deposited in your Venmo account in a couple of minutes while you will be charged a fee. 

You can also choose not to pay the charged fee and wait for up to ten days before you get the money in your Venmo account. 

There is also the option of the Venmo Credit card, a card that allows you to perform contactless transactions and request a new virtual card number. You can also make use of the Venmo Credit card to win cash back rewards when you make a purchase, such rewards will be sent to your Venmo account at the end of the month. 

MORE ON VENMO:

Why Is Venmo Asking For My SSN?

Venmo Fee Calculator – How To Calculate Transaction Fees

How To Add Prepaid Card To Venmo

How To Add Money To Venmo Without Bank Account

Can You Use A Prepaid Card On Venmo? Yes, See How

Can You Borrow Money from Venmo? YES, SEE HOW

Video Guide

Conclusion

Transferring a Visa gift card to your Venmo is an easy process once you’ve got a hang of it. To get this done, you will have to add the Visa gift card to your Venmo account as a payment option. 

Adding your Visa gift card as a payment option is simple as it is the same procedure as adding a Credit or Debit card. By Following this article, you will have all the needed details to successfully transfer a Visa gift card to your account.

How do you transfer money from Venmo?

  • Tap the menu icon “☰” at the top of the app
  • Select “Manage Balance”
  • Select “Add Money”
  • Enter the amount to transfer
  • Tap “Done”
  • Confirm the bank account you’d like to transfer money from
  • Tap “Next”
  • Review the transfer information
  • Tap “Add Money”

How do I transfer money from PayPal to Venmo?

Link both your Paypal and Venmo accounts to your bank account:

  • On the PayPal website, select “Link a bank.” If you’re on the mobile app, then you will select “Banks and Cards.”
  • On the next screen, you will enter your banking details and then make two small deposits.
  • Once done, proceed to your Venmo account.
  • Click on Payment Methods when you are in your Venmo settings.

More items...

Can I transfer money from PayPal to Venmo?

While it's possible to send money from PayPal to Venmo, we recommend against it for transfers between different currencies. Among the most expensive ways to transfer money overseas, PayPal charges exorbitant exchange rate margins for international money transfers, and we recommend you explore your alternatives instead.

Can you use a credit card on Venmo?

On top of the credit card, Venmo also allows for you to have a debit card and receive your direct deposit to your Venmo account. You can manage your credit card and Venmo balance all in the app, while using your cash-back rewards to pay your friends, spend with authorized Venmo merchants or offset your credit card bill.

Can you transfer money from a Visa gift card to Venmo?

Can I use a prepaid card or gift card? We allow credit, debit and prepaid, network branded (e.g. American Express, Discover, MasterCard, Visa) cards registered under your name to be added to Venmo. Cards may be declined by the card issuer or Venmo for funds availability or fraud prevention reasons.

Can I transfer money from a gift card to my Venmo account?

Venmo can hook up to multiple cards, and this does include some prepaid cards — Venmo accepts prepaid or gift cards from American Express, Discover, MasterCard, and Visa. So, if you have a gift card from any of those brands, you can add them to your account.

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

You can link your gift card to PayPal, Venmo, or Cash App and forward the money to your bank account. This is the cheapest way to exchange gift cards for cash. The more expensive ways include selling the gift card on a specialized website or mobile app, or even an exchange kiosk in your mall.