Can You Get Cashback With Visa Gift Card?
Whether you’re in the market for some extra cash or simply want to convert your Visa gift card into money, there are plenty of options available.
One way is to use a mobile app called Cash that lets you transfer the balance of your Visa gift card directly into your bank account. It works on iOS and Android, and is free if you send the funds to yourself from the app. However, there is a 3% fee if you use your credit card through it.
Reloadable cards
Reloadable cards are a great way to keep your spending in check. They are easy to use, can be loaded with cash online or at a store, and can be used for any purchases you make. Some cards also offer a variety of rewards, like cash back or fuel discounts.
Reloading a Prepaid Card
Reloading a prepaid card can be done in a number of ways, including online, by direct deposit, or through mobile check deposit. Some prepaid cards may charge fees for these methods, so it’s important to read the terms and conditions carefully.
These cards can also be reloaded in person at certain retail locations and at bank branches, but if you do so, be sure to bring a photo ID or proof of your identity. Some prepaid cards impose limits on how much money you can add to your card at once, daily or weekly.
They are a Good Choice for Travelers
A prepaid Visa debit card is a great option for travelers because it’s easier to manage than cash and works with ATMs. Plus, some reloadable cards allow you to get cashback at specific retailers, so you can earn extra cash with your trips.
They are a Safe Option for Kids
A Visa prepaid card is an excellent choice for children. They’re safe to use, can be reloaded with cash or online, and they can be used for school field trips. They’re also a good way to teach children how to manage money responsibly.
You can get cashback with a reloadable card, but the amount depends on the specific card and retailer. For instance, the Brinks Prepaid Mastercard offers cash-back rewards through its Payback Points program. It also charges low fees compared to other cards in its price range, making it a great choice for those who want the flexibility of a reloadable card without the hassle.
Reloadable Visa Gift Cards Are a Good Choice for Families
If you have kids or teens who need a card to manage their allowance, a reloadable Visa gift card is an excellent option. These cards are safe to use, can be reloaded by parents or teens, and are a good way to teach kids about financial responsibility.
They Are a Safe Option for People with Bad Credit
Prepaid debit cards don’t report spending to credit bureaus, which makes them a good option for people with poor credit histories. However, these cards aren’t as useful as a credit card if you want to build your credit.
Some reloadable Visa gift cards are accepted only in the country they were purchased in and don’t work internationally, so be sure to check that out before buying one.
They Are a Safe Option to Buy For College Students
A reloadable Visa debit card is a safe option for college students because it’s easy to use and allows them to manage their money independently. They also allow them to get their allowance faster, which can help avoid check-cashing fees.