Can You Extract Paypal Money Into Real Money

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If you want to get money out from your PayPal account, you can withdraw funds to your own bank account online or using the PayPal app. If you want to transfer the money online, here’s what you’ll need to do: Log into your PayPal account, and go to wallet. Click Withdraw money option. Or just inside the US. You can also get the Wise multi-currency debit card, which you can use to pay for goods and services all over the world. Pros: Once you’re set up and holding a balance, you can send money online with a click on your phone or computer. Money normally arrives the morning of the next business day.

If you have a Visa gift card in your possession for whatever reason it may be, you may be looking for way to turn it into cash and asking yourself, “Can I get cash back from a Visa Gift Card?”

A Visa gift card is almost as good as cash as it’s accepted almost everywhere, but sometimes, it’s nicer to hand cash in hand for other reasons. I get it.

Converting your Visa gift card into cash can be done, but you have to know how to do it because it isn’t as easy as going to the bank and asking for the cash. These gift cards don’t work like that, unfortunately.

While there are a variety of ways to do so, the terms will vary for each. The good news is that you can get cash for every strategy I mention, but one method may be easier for you than it is for me. I’ll leave it up to you to decide which strategy works best for you.

So, with all of that being said, let’s take a look at how you can turn a visa gift card into cash almost immediately.

Add It to Your PayPal Account

If you have a PayPal account (I’m sure you do), you can add prepaid cards, including Visa gift cards, to what’s known as your PayPal Wallet. When you add the funds from your PayPal prepaid card, you can shop at any retailer that accepts PayPal, or in your case, you can transfer the funds to your bank account and then cash out.

To send money from your Visa gift card to your PayPal, here’s how you can do it:

  • After you log into your PayPal account, look for the “Wallet” link, which is located at the top of your page
  • Click on “Link a card or bank” and continue to your prompts until you get to the point to link your card
  • When PayPal asks for your credit card details, add your Visa gift card as you would your everyday credit card and click on “Link Card”

Keep in mind that this only works for a personal account. If you’re using a business account, you will not see the “wallet” option.

And, if you do have a personal account and are getting denied, then this means you will have to register your prepaid credit card so that the address on file matches your PayPal one. To do this, you can search for the issuer and type in “register” to see how to do it. It’s not that hard, I promise.


Add It to Your Venmo Account

Venmo is another app that works just like PayPal and it allows you to add your Visa gift card balance to your Venmo account, too. Honestly, I think it’s a better option as I found it to be easier to transfer your funds to a bank account much quicker and Venmo doesn’t charge a fee to transfer money to a bank account, unless you want it instantly.

To add your Visa gift card to your Venmo account, you will want to do the following:

  • Tap the three lines in the top-left corner and click on “settings”
  • Near the top, you should see an option for “payment methods”
  • At the bottom, click on “add bank or card” and enter your prepaid card information when prompted

Most of the time, it will work, but in the case it doesn’t, it may mean, again, that your card isn’t registered and the address doesn’t match the one on your Venmo file.

Sell Your Visa Gift Card for Cash

I hate these options out of most because you won’t get 100% of your value, but with the right site, you could get up to 95% back. I would only consider this option if you don’t have a PayPal/Venmo or you don’t want to deal with the hassle of it.

Money

To sell your Visa gift card for cash online, it’s relatively easy. Just head to one of the many sites I’m about to mention, ask for a quote and then follow the prompts if you want to sell it to them.

In most cases, you can get your cash almost instant while some may have a 24-48 hour waiting period. You should know the terms before you sell them, however.

If interested, here are some websites that buy Visa gift cards:

Again, don’t expect 100%. Instead, maybe 95% at most. For instance, I could get $22.50 for my $25 Visa gift card. You have to ask yourself if it’s worth it.

TIP: If you don’t want to sell your Visa gift card, you can trade them on these platforms, too!

Download the Prepaid2Cash App

The Prepaid2Cash App is a cool option if you want to turn your gift cards into cash and then transfer your funds to your bank account. The only caveat, however, is that they will only give you up to 92% of the gift card’s value, so you can’t expect the full amount. It’s okay if you don’t want to deal with the hassles of the previously mentioned tips.

Again, if you have a gift card you want to get rid of, not just a Visa gift card, the Prepaid2Cash app will help transfer your gift card funds to your bank.

To use, just scan your prepaid card, add a bank account, and then transfer the funds. In most cases, it can take up to 24 hours to receive your cash.

Buy a Money Order

Walmart and some grocery stores will let you buy gift cards using your Visa gift card. However, do keep in mind that it may be hard as many companies have cracked down. As I write this, the following places do let you buy a money order with a gift card:

  • United States Post Office
  • Walmart
  • Western Union

If you’re able to cash out for a money order, then this is as good as cash since you can take it to your local bank and cash it as you would a check. Be sure to check out the many places that cash money orders right now if you’re not part of a bank.

Buying a money order with a prepaid Visa gift card is tough and many banks do raise red flags, so if you do plan on doing it, make sure you only do it once in a while.

And, as the last word in this section, if you do decide to use one of the establishments mentioned above, do call ahead of time to confirm.

Pay Yourself With Square

If you’re a freelancer of sorts and accept credit cards, then I highly recommend a Square reader if you don’t already have one. It’s a great way to swipe credit cards and get paid on the spot.

If you already have one or you’re interested in one, the reader is free and lets you accept credit cards anywhere as long as you have your smartphone. Generally, you can get paid the next day.

In this case, you could pay yourself with the gift card’s full value, but you will have to pay a fee in doing so, usually 2.6% + $0.10. Nonetheless, it’s a quick way to get cash if need be, but I would only do so if you have the reader and use them consistently. If you sign up to do this, you may get a warning email.

Sell It on eBay

This is a risky one, but it’s one that can pay off as long as you sell right.

If you’re going to sell on eBay, you won’t get the full value, but you will get the most out of all the options I mention, except for PayPal and Venmo.

If you’re going to sell on eBay, just make sure you send the gift card physically through the mail. That way, you have proof that you sent the gift card and they received it.

As there are a lot of scams in the gift card world, I would hate for you to get scammed as it has happened to me in the past. Generally, as long as you mail it and let your seller know, eBay should protect you, at least I hope.


Sell to a Friend or Family Member

This could be one that nets you cash fast, but like the options above, you may have to take a hit to get rid of it. Maybe offer your $25 card for $23.

Hit up Facebook or just ask around. You never know who might take you up on the offer. Of course, only deal with those who you trust.

Offer to Pay and Get Reimbursed

The next time you’re out and about, offer to pay for the meal/product and ask to be reimbursed.

For instance, if you’re going out to eat with a friend, say you can pick up the tab but they can pay their portion. This way, you can pay using a card and get cash on top of it. Win-win, right?

To me, a Visa gift card is almost as good as cash. After all, almost everyone accepts Visa today and it’s easy to buy what you need. If you’re going to make a purchase, just use it. That’s as good as cash, right? Even if your purchase is $60 and you only have $50, the retailer will punch it in so that you can use $50 and wipe out your card.

Unless you need cash in hand, there’s no need to convert your Visa gift card to cash unless you desperately need the cash for other reasons. If you have to do, I highly recommend you go either the PayPal or Venmo route. It can take a few days to get your cash, but it’s the best way to see cash show up in your bank account.

As always, if I’m missing any tips and/or you want to add to the commentary, feel free to do so via the comments below.

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We promise - this isn’t clickbait. We’ve done the nitty gritty research and below is a real list of apps that pay money to your PayPal account.

If you’ve got some extra time to spare, you can make money with apps for doing something as simple as turning off your lights.

These apps are legit and they make payments directly to your PayPal account. You don’t have to exchange points for coupons or other rewards you’ll likely never use. This is a list that gives you the good stuff: money to spend on the things you want to spend it on.

Let’s get started, beginning with our favorite one.

#1 OhmConnect

Here’s a money making app that doesn’t make you watch boring ads or waste any of your time.

OhmConnect lets you save energy and earn money at the same time. Before signing up for the service, you must be registered with any of the following electricity companies:

  • Pacific Gas & Electric Company (PG&E)
  • San Diego Gas & Electric (SDG&E)
  • Southern California, Edison (SCE)

If you are with one of those companies, you can sign up and start earning points that can be converted into a PayPal payment. The points you earn will depend on how much energy you save during peak periods and you can hundreds of dollars per year.

Try it. It only takes 3 easy steps to get start:

Step 1. Go to OhmConnect.com and connect your utility account

Step 2. Save energy during #OhmHours (they'll notify you when one is coming by sending you an email or SMS)

Step 3. Send money to your PayPal

#2- Ibotta [US ONLY]

Ibotta is an app that pays you for shopping. If you buy your groceries or beauty products online, you can choose from a select number of items listed in the app.

After you make a purchase of those items, you’ll have to upload your receipt. Afterward, you’ll receive a rebate that ranges from $0.25 to $3 (or more). You’ll be able to get payment to your PayPal account after you’ve accumulated $20. When you submit your payout, you should receive your cash in just a few minutes.

Download Ibotta - iOS | Android | Web

Other Apps that Pay to Shop:

#3 - Receipt Hog:iOS|Android|Web

#4 - ShopKick:iOS|Android|Web

#5 - Mobee App:iOS|Android|Web

#6 - CashPirate

If you enjoy playing games, completing surveys, or watching videos, CashPirate is a money making app you may want to check out. You can choose which money making options you like best and earn extra cash whenever you have the time.

If you invite your friends to join, you can get an additional 10% bonus from their earnings. When your friends refer another friend, you’ll get 5% more.

For every 1000 coins, you earn $1. You must earn at least 2500 coins before you’ll be able to cash out and send money to your PayPal account. You can expect to earn 50 coins for downloading an app.

Download CashPirate - iOS | Android | Web

Paypal

Money Making Apps Similar to CashPirate:

Can You Extract Paypal Money Into Real Money

#7 - AppKarma: iOS (Invitation Only) |Android|Web

#8 - Make Money:iOS|Android

#9 - Panel App:iOS|Android|Web

#10 - FeaturePoints:iOS|Android|Web

#11 - SwagBucks

If you enjoy taking surveys, you can earn as much money as you can answer with SwagBucks.

SwagBucks is one of the top known money making apps that actually pays users through PayPal. They have endless surveys to take and you can also earn money by playing games, shopping online, weekly contests and more.

You don’t have to cash out through PayPal, you could also accept some of their other rewards with Amazon or another gift card to a location of your choice.

Download SwagBucks - iOS | Android | Web

Survey Taking Apps That Pay Similar to SwagBucks:

#12 - GlobalTestMarket:Web

#13 - PaidViewPoint:Web

#14 - InstaGC:Web

Paypal Money Card

#15 - Toluna:iOS|Android|Web

#16 - CashCrate:iOS|Android|Web

#17 - SlideJoy

Get paid just for locking your screen. SlideJoy is an app that pays you to place ads or news on your screen. It’s one of the most simple ways to get paid and you can even choose to see trending news tailored to your interest.

Download SlideJoy - Android | Web

Apps that Pay like SlideJoy:

#18 - Fronto:Android|Web

#19 - AppTrailers

AppTrailers lets you get paid for watching videos and you can put real money into your PayPal account.

Whenever you watch videos Google play or any other web based browser, you’ll get rewarded. You’ll be watching ads and you may you be participating in market research from Nielson’s TV Rating. You can learn more about this in their privacy policy.

Download AppTrailers - iOS | Android | Web

Get Paid with Apps Similar to AppTrailers:

Paypal Money Free

#20 - Viggle: iOS | Android | Web

#21 - SwagBucks Watch (TV): Android | Web

Can You Extract Paypal Money Into Real Money Using

A Word of Caution About Apps That Pay

Can You Extract Paypal Money Into Real Money

When you’re downloading unfamiliar apps that pay, be sure that you trust the source. The list above was carefully selected, however not all that claim to give you free money live up to their claim.

We’ve written an article that should serve as a fair warning about downloading apps on your phone and what precautions you should take.

Paypal Money Generator

The most important thing is to protect yourself and use your time effectively when making money with apps on your phone.

Make Paypal Money

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