The Vanilla gift card is definitely a gift card that anyone will love having—they make financial management even easier and even let you do money transfers.
For sure, you can transfer money from your Vanilla card, but when it comes to transfer to a bank account, things can get really complicated.
In this guide, I'll show you how to transfer money from your Vanilla gift card to your bank account.
Can I Transfer Money from My Vanilla Card to Bank Account?
No, you can't directly transfer money from a Vanilla card to bank account since it is a gift card.
However, you can use some indirect methods to get the money from your Vanilla card to your bank account.
How to Transfer Money from My Vanilla Card to Bank Account
As earlier mentioned, you cannot directly transfer money from your Vanilla card to bank account.
However, you can use some other ways to get the funds into your bank account which are as follows:
1. Add and Use Your Vanilla Card on PayPal
You can add your Vanilla card to your PayPal account and use as a funding source for your transactions through PayPal.
Adding a Vanilla gift card to PayPal is as easy as adding a virtual card to PayPal.
To do so:
- Log into your PayPal account.
- Select "Wallet" at the top of the page
- Tap "Link a card or bank" under any existing cards or banks linked to your PayPal account. Click to follow prompts.
- Add its details and click "Link Card."
Once your card linked to PayPal, you can transfer the funds to your bank account as follows:
Open your PayPal app to log into your account.
- Tap your PayPal balance.
- Hit on "Transfer,"
- Tap "Transfer Money."
- Select the bank account to transfer funds to.
- Enter the amount to transfer.
- Confirm the transaction to complete the transfer.
For a in-dept steps, you can check out how to transfer Visa gift card balance to PayPal.
2. Add Your Vanilla Card to Venmo
Adding your Vanilla card to Venmo is another great way to use the funds on the card instead of that stored in your bank account.
Venmo accepts prepaid card and you should not experience any issues when adding your Vanilla card to Venmo as long as there are still funds in it.
To add your Vanilla card to Venmo:
- Download and signup to the Venmo app.
- Go to the "Me" tab and check the Wallet section.
- Select "Add Card" and add provide your Vanilla card details.
You are now good for using your Vanilla card on Venmo.
However, if supported, you can transfer money from your Vanilla card to bank account through Venmo as follows:
- Log into your Venmo account.
- Tap the menu icon in the top left corner.
- Choose the option "Transfer to Bank."
- Choose the amount to transfer.
- Hit on the Transfer button.
- Select the "Confirm Transfer to Bank" button.
3. Trade-in Your Vanilla Card at an Exchange Kiosk
Another great way to transfer money from your Vanilla card to bank account is by exchanging it for cash at a Gift Card Exchange Kiosks, and depositing the proceeds into your bank account.
You can find kiosks anywhere from supermarkets to shopping malls.
You'll have to pay some fees, which means you'll get a smaller portion of your card's value. You can deposit the money into a bank account once you've received it.
4. Sell Your Vanilla Card through an App or Website
You can sell your Vanilla gift cards and have the proceeds sent into your bank account using a variety of apps for both Android and iOS.
Despite the fact that the applications take a significant commission, the funds eventually arrive in your bank account.
You tell them what sort of card you have, such as Visa, Mastercard, Discover, and so on, and they make you an offer after that.
If you approve, they can buy it and deposit the money in your bank account within five business days.
Prepaid2Cash is an example of such an app, which allows you to transfer money from a gift card to a bank account instantly.
You may sell your Vanilla gift card on a variety of websites, and electronic cards are processed faster than physical cards. The processing of digital gift cards is instant. When selling a tangible item, simply mail it to their address and you're done.
5. Buy a Money Order with your Vanilla Card
You can use your Vanilla gift card to buy a money order and deposit it in your bank account.
Money orders can be purchased at places like Walmart.
Money orders are similar to checks in that they must be paid before they are delivered.
6. Sell Your Vanilla Card to Friends and Family
You may cash out your Vanilla gift card by selling it to friends and families then, depositing the funds into your account.
Some don't have PINs, but if they do, you can share them with the buyer and be done with it.
By the way, this is one of the simplest methods of transfer, and you will almost certainly receive the full value of your gift card.
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How To Transfer Money From Vanilla Gift Card To Cash App
Cash App supports most prepaid cards, but the payment giant does not support gift cards at moment; — meaning, you can't directl transfer money from Vanilla gift card to Cash App — you can only complete the transfer indirectly.
To transfer money from Vanilla gift card to Cash App:
- Convert the Vanilla gift card into Cash.
- Deposit the funds to your bank account.
- Add the money to Cash App through the "Add Cash" feature of the app.
Can You Send Money from a Vanilla Gift Card to Another User?
Just like, most gift cards, the Vanilla gift card does not allow users send moeny to other users; — meaning, you cannot send money from a Vanilla gift card to another user.
However debit and prepaid cards allow you to transfer money to others online.
You can send money online using a debit card to another debit card in minutes, for example.
Frequently Asked Questions
Can I transfer money from Vanilla gift card?
The Vanilla gift card is not a bank card. As a result, money can't be transferred from the card. You can only convert the card into cash by selling it.
How can I transfer my 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.
How do I get money off my vanilla card?
The best way to get money off a Vanilla card is by adding it to a mobile wallet. Selling it for cash can be quite costly.
Final Thoughts on How to Transfer Money from My Vanilla Card to Bank Account
A Vanilla gift card comes with a specified amount of money which can be used to pay for goods and services online.
If you have a Vanilla card and don't know what to do of it, then getting your money off the gift card can help.
You cannot transfer money from a Vanilla card to bank account directly but you can use some indirect methods to complete the transfer.
This article compiles the best methods you can use to complete the transfer.
