How To Transfer Money From a Gift Card To Cash App: Step-by-Step Guide (2024)

Hey, guess what happened to me today? So, I was going through my wallet and found out I had too many gift cards, and I could not even keep count of them all, so I decided to do an experiment. I was trying to add some of my gift cards to the Cash app allowing me to store them digitally and track my balance conveniently.

But to my greatest surprise, I didn’t find it easy because there was no direct way you could transfer money from your gift card to your cash app. However, I eventually figured it out.So what method did I use, and how did I do it right? Stick around because I will show you how you can transfer money from your gift card to your cash app.

Understanding Gift Card Restriction

The thing is, you can’t directly transfer money from your gift card to your Cash app. But fear not! There is still a way you can do it indirectly using PayPal as an intermediary, something like a middleman. Or you can sell the card for cash on Cardtonic and add the cash to your Cash app.

Also, Cash app is compatible with various credit and debit cards. You know, cards like American Express, Discover, Mastercard and Visa. Although most prepaid cards are supported, it is important to note that depositing funds directly to these cards won’t even work.

How To Use PayPal To Transfer Money From a Gift Card To Cash App

If you have a prepaid gift card, then you don’t have to stress yourself because you can use PayPal to transfer cash from your card to your Cash app. All you have to do is link your card to your PayPal account and transfer funds from your PayPal account to your Cash app.

Step 1: Link Your Gift Card To Your PayPal Account

1. Sign up for a Paypal account if you don’t have one already.

2. Once you are logged in, navigate to the “wallet” section of your PayPal account.

How To Transfer Money From a Gift Card To Cash App: Step-by-Step Guide (1)

3. Click on “add credit card” and follow the prompts to add a gift card as a prepaid card to your PayPal account.

How To Transfer Money From a Gift Card To Cash App: Step-by-Step Guide (2)

4. Confirm the linking process by verifying any necessary details.

Step 2: Transfer Cash From Your Paypal To Your Cash App

1. Open the Cash app on your mobile device and log in.

2. Locate and click on the “my cash” tab. It is often represented by a dollar sign.

3. Select the option to add funds or cash.

4. Choose the “add from Paypal” option.

5. Enter the amount you want to transfer from your PayPal account to your Cash app.

6. Confirm the transfer and wait for the transaction to complete.

How To Add Money From Gift Card To Cash App By Selling Your Gift Card

If your gift card is not a prepaid card, then this is the method you should use. But first, you need a reputable platform to sell your gift card on, right? You can sell your gift card on Cardtonic, and you will get cash instantly, and you can add the cash to your Cash app.

Step 1: Sell Your Gift Card For Cash On Cardtonic

First, you would want to ensure you have the Cardtonic app installed on your phone and you are a registered user.

1. Open the Cardtonic app and click the “sell gift cards” button.

How To Transfer Money From a Gift Card To Cash App: Step-by-Step Guide (3)

2. You can either sell a Physical or E-code gift card. Select your preference and proceed.

3. Select your Gift card category. E.g. Steam gift card

How To Transfer Money From a Gift Card To Cash App: Step-by-Step Guide (4)

4. Under the Subcategory, select the specific gift card type. E.g. USA Steam Physical

5. Input the Amount of your gift card.

6. Upload the gift card image, and if you have a gift card code, provide the code in the “comments” section on the platform.

How To Transfer Money From a Gift Card To Cash App: Step-by-Step Guide (5)

7. Once you are done, click the “start trade” button.

Once you complete this process, you will have the cash delivered to your bank account.

Step 2: Add The Cash You Got From Cardtonic To Your Cash App

1. Open the Cash App on your mobile device and log in.

2. Navigate to the “my cash” tab or look for the option to add cash.

3. Choose the “add cash” option and enter the amount of cash you received from selling the gift card.

4. Confirm the transaction and the cash will be added to your Cash App account.

Frequently Asked Questions About Transferring Money From a Gift Card To Cash App

1. What Cards Does Cash App Accept?

Cash App accepts all the cool credit and debit cards like American Express, Discover, MasterCard, and Visa. Oh, and most prepaid cards too, but no depositing to those.

2. Is It Safe To Transfer Money From a Gift Card To Cash App?

It’s totally safe to transfer that gift card fund to your Cash App. Just make sure you use a legit platform like PayPal as an intermediary or Cardtonic to sell your gift card for cash.

3. What Is The Limit On The Cash App?

Well, Cash App lets you send and receive up to $1,000 within a 30-day period. But if you verify your identity with your full name, birth date, and SSN, you can flex with even higher limits.

4. Can I Add a Gift Card To Cash App?

No, you can’t straight-up add that gift card to your Cash App, but don’t sweat it, I got you covered. You can still do it indirectly, like using PayPal or selling that gift card for cash on Cardtonic.

5. Can I Add a Gift Card To PayPal?

Oh yeah, you can totally add that gift card to your PayPal account, but listen up, it has to be one of those prepaid gift cards like Visa and such.

Conclusion

If you want to transfer money from your gift card to your cash app, it’s not going to happen in one straight shot, you feel me? But no worries, I got you covered with some options.

Check it out! So, one way to make it happen is by using PayPal to add that cash to your cash app. Easy peasy, right? Another cool option is to sell your gift card for cash on Cardtonic and then just add that cash to your Cash App. Cha-ching!

Additionally, it is important to note that not all gift cards can work with either PayPal or Cash app. The type of gift card that works for transferring cash to your cash app is the prepaid gift card.

Now, armed with this knowledge, I’ve saved you the headache of searching high and low for ways to move that cash from your gift card to your cash app. So what’s the delay, my friend? Go ahead, transfer that unused balance from your card to your cash app and start spending it.

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How To Transfer Money From a Gift Card To Cash App: Step-by-Step Guide (2024)

FAQs

How To Transfer Money From a Gift Card To Cash App: Step-by-Step Guide? ›

Go to a Gift Card Exchange kiosk to trade your card for cash. A Gift Card Exchange kiosk is usually bright yellow and located in a grocery store. Insert the card information into the kiosk and then choose to accept or reject the offer the kiosk gives you.

How can I convert my gift card to cash? ›

Go to a Gift Card Exchange kiosk to trade your card for cash. A Gift Card Exchange kiosk is usually bright yellow and located in a grocery store. Insert the card information into the kiosk and then choose to accept or reject the offer the kiosk gives you.

What app converts gift cards to cash? ›

Snappy Exchange Redeeming App is one of the amazing apps that allows you to sell gift cards for cash, convert airtime to cash, and pay for bills, which includes buying airtime and data bundles.

What gift cards work with Cash App? ›

Cash App supports debit and credit cards from Visa, MasterCard, American Express, and Discover. Most prepaid cards are also supported. ATM cards, Paypal, and business debit cards are not supported at this time.

How do I transfer money off a gift card? ›

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.

How to get money off a gift card? ›

Simply use the gift card like a regular debit or credit card to pay for your purchases. 2. Withdraw cash from an ATM: Some Visa gift cards allow cash withdrawals from ATMs. Look for an ATM that accepts Visa cards, insert the gift card, enter the PIN (if required), and follow the instructions to withdraw cash.

What gift cards Cannot be converted to cash? ›

This is a question with an answer that is always changing. In general, the answer is no. You cannot get cash off of a Visa or Mastercard gift card. Even when a PIN is present and you select “Debit” at checkout, gift card issuers specifically prohibit the “cash back” option.

Can you take money off a gift card at an ATM? ›

Conclusion. A Visa gift card is a card whose functions transcend its use as a payment method. You can now use the card to withdraw cash at ATMs, which makes it a viable digital asset to own. However, it is important to know that you can only use the card at ATMs that support Visa and not every ATM you find around.

Can you link a gift card to PayPal? ›

For PayPal members, you can simply add prepaid gift cards to your wallet then start using them during checkout - just like any other credit or debit cards. For users without PayPal account, you can just enter the card information during checkout in the same way you would do with credit or debit cards.

Can you transfer gift card money to Apple pay? ›

You can't add money from a gift card, even if it's already in Wallet.

What is gift card cashout? ›

"Cash out" of a gift card refers to the action of providing cash for the remaining balance on a gift card.

Can I transfer money from a gift card to Cash App? ›

While Cash App does not directly support gift cards, there are a few others ways to transfer money from a gift card to Cash App. Transferring gift card funds to Cash App is simple! Open the app, tap "Balance", then "Add Cash". Enter your desired amount, select "Gift Card", and enter card details.

How do you convert gift cards to cash? ›

Selling a gift card can be a quick way to turn it into cash. There are websites and apps that may allow people to sell their gift cards. Through the website or app, someone would select the merchant and enter the balance on the card. The website would then make an offer.

How can I sell gift cards for cash immediately? ›

Raise, CardCash and GameFlip are reputable companies that help you sell U.S. gift cards for cash. Selling gift cards often involves marking down the price and paying a fee. Gift card exchanges vary in the cards they allow, selling fees and more.

How do I load a gift card into cash? ›

Take the gift card to a cashier, customer service desk, or the equivalent. Have a form of payment (cash, credit card, etc.) ready for the amount that you would like added to the gift card. Give the gift card to the cashier or customer service agent and tell him or her that you would like to reload the card.

Can you transfer a Visa gift card to your bank account? ›

Transferring funds from a Visa gift card balance to a bank account isn't always straightforward, but it can be possible. Although a direct transfer isn't always readily available, you may be able to make a transfer indirectly through third-party apps like PayPal, Venmo, or Cash App.

Can gift cards withdraw cash? ›

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

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