Last Updated on November 9, 2023 by Kimberlee Johnson
Turning a Walmart gift card into cash can be quite the puzzle. I recently found myself in this situation when I received a Walmart gift card but needed cash.
Figuring out the best way to make the switch can be tricky, but with some resourcefulness and a little know-how, it’s possible to transform that plastic card into the green bills you need.
With that, I’ll share how to turn a Walmart gift card into cash. Keep reading.
How Can You Turn Walmart Gift Cards Into Cash?
Gameflip, Raise, and Checkout Saver are reputable platforms where you can easily transform unwanted Walmart gift cards into cash.
Here’s a step-by-step guide to help you through the process:
- Choose a Trusted Website: Start by accessing a reputable website that specializes in gift card-to-cash services. Gameflip, Raise, and Checkout Saver are some reliable options.
- Provide Card Information: Sign up for an account on the chosen platform and provide all the information about the Walmart gift card you want to sell. This includes the card’s value and any unique codes associated with it.
- Set a Competitive Price: Determine the selling price for your gift card. Typically, you can sell it for a percentage of its original value, typically ranging from 50% to 90%, depending on its popularity and demand.
- Select Delivery Method: Choose a delivery method for the buyer to receive the gift card code. This can be through email, digital delivery, or physical mail, depending on the platform and your preferences.
- Complete the Transaction: Once a buyer receives the gift card code and accepts it, the selling money is deposited into your e-wallet on the platform.
- Cash Out Your Earnings: Depending on the platform’s policies and your preferences, you can withdraw your money at any moment.
Is The Walmart Gift Card Balance Transferable To Another Card?
Unfortunately, the money loaded onto a Walmart gift card cannot be moved to another card or account.
Once you’ve added money to a Walmart gift card, it remains exclusively tied to that specific card.
“If cash comes with fame, come fame; if cash comes without fame, come cash.”
– Jack London, American Novelist and Journalist
This restriction is in place to ensure the security and integrity of the gift card system.
So, if you wish to use the balance on the card, you’ll need to make purchases directly using that card at Walmart or online at the Walmart website.
Find out if you can get cash back from a Walmart gift card here.
Are There Other Ways To Convert Gift Cards to Cash?
- Gift Card Exchange Kiosk: Many retail locations feature Gift Card Exchange kiosks where you can swap your gift card for immediate cash. These kiosks offer a convenient way to obtain cash in exchange for your card.
- Sell Your Gift Card Online: Utilize online platforms such as Cardpool, Gift Card Granny, and Raise to list your gift card for sale. You can set a discounted price, and once it sells, you’ll receive the agreed-upon cash amount or a direct deposit.
- Transfer to PayPal or Venmo: Link your gift card to your PayPal or Venmo account [1], then transfer the card’s balance to your digital wallet. From there, you can move the funds into your bank account.
- Sell to a Friend or Family Member: If you know someone interested in the store associated with your gift card, consider selling or trading it with them for cash.
- ATM Withdrawal: Certain gift cards, such as prepaid Visa or Mastercard gift cards, may allow you to withdraw cash from an ATM. Review your specific gift card’s terms and conditions to determine if this option is available.
Is It Possible To Transfer A Walmart Gift Card To A Cash App?
No, it is not possible to directly transfer a Walmart gift card to Cash App.
While Cash App does support some prepaid cards, it does not extend this support to gift cards, including Walmart gift cards.
“When life hands you a Walmart gift card, turn it into cash and watch your options multiply.”
– Howkapow Gift Site
To utilize the funds from your Walmart gift card on Cash App, you need to find an intermediary method, such as converting the gift card into cash through other means and then adding that cash to your Cash App account.
Related Post: Simple Ways To Use Walmart E-Gift Card In Store
FAQs
Can a Walmart gift card be used to purchase a Visa gift card?
No, a Walmart gift card cannot be used to purchase Visa gift cards.
Walmart gift cards are typically redeemable for merchandise or services within Walmart stores or on their website, and they do not have the functionality to buy other types of gift cards.
What cannot a Walmart gift card be used to purchase?
Walmart gift cards have certain restrictions. They cannot be used to purchase lottery items, tobacco products, alcohol, or firearms.
Which bank does the Walmart gift card use?
Green Dot Bank is the bank that issues the Walmart gift card [2].
It is issued under a license from Visa U.S.A. Inc., allowing it to be used like a Visa card for purchases within Walmart and wherever Visa is accepted.
Are Walmart gift cards good for buying a vanilla Visa?
No, you cannot use a Walmart gift card to purchase or load a Vanilla Visa card. Walmart gift cards are not compatible with the purchase or loading of Vanilla Visa cards.
How are Walmart money cards and Walmart gift cards different?
The MoneyCard is a bank account that allows you to perform several financial transactions, such as withdrawing and depositing cash, receiving direct deposits, paying bills, making bank transfers, and cashing checks.
In contrast, gift cards are limited to purchasing Walmart merchandise and services.
Key Takeaways
Ultimately, transforming a Walmart gift card into cash is possible through reputable online platforms like Gameflip, Raise, and Checkout Saver.
These platforms offer a straightforward process for selling unwanted Walmart gift cards and converting them into usable cash.
Remember to provide accurate information about your gift card, set a competitive selling price, and choose a secure delivery method to ensure a successful transaction.
But it’s crucial to understand that once funds are loaded onto a Walmart gift card, they cannot be transferred to another card or account.
It’s always wise to use your gift card responsibly and keep track of its balance to maximize its value.
References:
- https://www.businessinsider.com/personal-finance/venmo-review
- https://www.investopedia.com/green-dot-bank-review-4847194
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