Cash App is one of the most trusted banking choices for consumers as it offers them numerous financial services such as Cash App loans and Cash App ATM services. However, transferring money from a gift card to a cash app remains one of the most anticipated queries we will address in the present article.
How to Transfer Money from Gift Card to Cash App?
Cash App has been one of the top peer-to-peer mobile payment applications in operation for a while now. You can send money to your friends and family online using the user-friendly interface of its application in just a few clicks and make transfers from Cash App to Chime, Cash App to PayPal, Cash App to Direct Express and many other platforms.
In addition to its essential functionalities, the financial provider lets you trade stocks, buy them, or sell them. One of this article’s core features is how transferring money from a gift card to a Cash App is impossible.
As we all know, gift cards are prepaid debit cards on which you can load a certain amount for various purchases. There are two types: closed-loop gift cards and general-use prepaid gift cards.
Cash App does not allow you to add any gift card as it does not support these gift-based cards. However, you can add Discover, American Express, Visa, and MasterCard cards to the Cash App to make payments.
How Can I Add Gift Card to Cash App?
You can combine the balances on your different Visa gift cards into only one card and pay using the Cash App balance. You must add your gift card to the Cash App to do so. Here is what you need to do.
- Go to the Cash App on your device.
- Next, go to the My Cash tab by clicking on the icon of a building located in the lower-left corner.
- Now click on + Add Credit Card under your bank name.
- Here, you need to enter your gift card information.
- Click Add Card to add the gift card to your Cash App account.
You cannot deposit a Visa gift card directly into the Cash App account. Their balance is not transferable to any account, so you must opt for alternative ways.
How To Transfer Money from Gift Card to Cash App?
Cash App does not facilitate the transfer of money directly from the gift card. You must link your gift card to the PayPal account to do so. Once you do that, you must transfer the money from your PayPal account to your Cash App balance.
- Go to PayPal. Log in to your official account.
- Now, select the PayPal balance option.
- Click on the Link a Card option to include the gift card there.
- Enter all the necessary card information there.
- Click on the option of Link Card.
- Again, log in to the PayPal account to send money from PayPal to Cash App via the gift card.
- Click on the option of Transfer money.
- Select Transfer to your bank option.
- Click on the option of Next.
- Once done, enter the amount you wish to transfer.
- Review all the details once and click the Transfer option to complete the process.
Now that we know you cannot transfer money from a prepaid gift card to a Cash App account, we will dive into the alternate approach. Once you have completed the above process, you can use the CardCash service to facilitate your process.
- Go to the CardCash official website.
- Enter the merchant’s name and the balance on your gift card there.
- Next, click on the Get Offer option. If there is an offer for your card, you will see the PayPal balance amount you will be getting after an exchange with a gift card.
- If you want to accept the amount, click the Get Cash option.
- Next, a pop-up window will appear where you must select PayPal Express as the payment method.
- Here, enter the gift card number and the PIN.
- Now, connect it with your PayPal account.
- Once done, click on Get my PayPal Balance.
- The balance will then reach your PayPal wallet.
- You can transfer the money to your bank account as soon as it does.
- You can add the money to your Cash App wallet after the money is in your bank account.
This is the only way to transfer money from a gift card to a Cash App, where you must add your PayPal wallet. Make a transfer to your bank account, then add it to your Cash App wallet. This method is quite famous when sending money from an Amazon gift card to PayPal since you can not directly transfer money from an Amazon gift card to a Cash App.
What Gift Cards Are Accepted by Cash App?
Unfortunately, Cash App lacks support for gift card features on its platform. Nonetheless, it is the best financial provider, facilitating millions of users. The only cards that Cash App supports are.
- Visa
- MasterCard
- Discover
- American Express
It also does not support business debit cards, PayPal, or even ATM cards, so these are out of the question.
Can You Sell Gift Cards For Cash App Balance?
You can turn useless gift cards into Cash App balances. Look for ways to sell the gift card for instant payments on Cash App.
One of the safest ways to do that is to use a trusted partner/online platform for selling gift cards. 1minutepay is a great option! Here’s how that works:
- Sign up for an account with 1minutepay and select the Sell Gift Cards option.
- Enter the details of your gift card. Then, choose the brand/denomination of the card.
- Upload the gift card and click on Sell Now.
- Your account will be credited with money once the gift card upload is confirmed.
If you don’t have a prepaid card, you can sell the gift cards on third-party platforms like Cardtonic.
- Install the Cardtonic app on your phone. Register an account and then tap on Sell Gift Cards.
- Choose the type of gift card (physical or e-code). Also, provide the gift card amount.
- Upload a clear image of the gift card. In the comment section, you can share further details, such as gift card images.
- Once you are done, tap on the Start Trade option. Your account will be credited with the amount once the trade is confirmed.
- Then open the Cash App account and click on My Cash.
- Please enter the amount you have received from selling the card and add it to your Cash App balance.
Before You Go!
Currently, you cannot link a gift card to the cash app or even use a prepaid card to add a balance to your account. There is no direct option to transfer money from a gift card to the cash app. To bridge this process, you must make a money transfer from PayPal.
Although the cash app stands out among its competitors regarding other financial services, this is the only feature it does not facilitate you with. You can work around the method by adding a Visa gift card to your PayPal account. Afterwards, you can quickly transfer money from a gift card to a cash app through linked bank accounts.
Miriam Caldwell is a dedicated & expert freelance writer to educate people about personal finance management and budgeting. She shared her knowledge and published the articles at TheBalance.com, GOBankingRates, and BlissfullyDomestic.com. Many financial institutes pick Caldwell as the brilliant source for educational personal finance content.
