Technology is gradually integrating the financial industry; — it has come with more convenient banking methods such as the Vanilla gift card which come with a plethora of financial benefits when making financial transactions.
The Vanilla card is a prepaid gift card that can be used for making financial transactions online.
While the Vanilla card might seem tempting for many, it's downside, however, is transferring money from the Vanilla card to a bank account.
Thankfully, we've got you covered — so if you've always been on the look for effective methods to transfer the funds, then, you're at the right place.
To address this issue, we've compiled the best ways to transfer money from your Vanilla card to bank account.
Table of Contents
Can I Transfer Money From My Vanilla Card To Bank Account?
No, you can't directly transfer money from your Vanilla card to a bank account.
However, you can transfer the funds through some indirect ways such as linking to card to a mobile wallet, converting the Vanilla card for cash, purchase a money order etc.
How To Transfer Money From My Vanilla Card To Bank Account
You cannot directly transfer money from a Vanilla card to bank account.
In this case, we'll need to rely on some indirect methods to transfer the funds.
With that said, if you're looking to transfer money from a Vanilla card to bank account, you might find the below options useful.
1. Add the Vanilla Card to PayPal
Adding your Vanilla card to PayPal is another great way to use the funds on it for your transactions with PayPal.
PayPal is a popular payment service and it is accepted by many merchants and e-commerce stores worldwide.
Adding a gift card to PayPal is very easy.
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."
2. Add Your Vanilla Card to Venmo
Just like PayPal, Venmo accepts prepaid gift cards and you can link your Vanilla card to Venmo and use as a funding source for your transactions through Venmo.
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.
Once you link the Vanilla card to your Venmo account, you can start making payments with the card through Venmo.
3. Convert Your Vanilla Card to Cash Through a Website or App
Another great way to transfer money from your Vanilla card to bank account is by converting the gift card for cash and then, deposit the funds into your bank account.
All you'll need to do is to post your Vanilla card for sale and start receiving bids till you receive a considerable amount that you beleive can be good for you.
After selling the Vanilla card, you can deposit the money to your bank account either at a local branch of your bank or reload locations.
4. Buy a Money Order with the Card
A money order is a certificate, usually issued by a government or banking institution, that allows the stated payee to receive cash on demand.
You can buy a money order with your Vanilla card and deposit the money to your bank account.
Can You Send Money from a Vanilla Gift Card to Another User?
No, you can't send money from a Vanilla gift card to another since they come loaded with funds ready for making payments on sites that accept them.
How To Transfer Money From Vanilla Gift Card To Cash App
A direct transfer of funds from Vanilla gift card to Cash App isn't possible.
However, you can only transfer the money through an indirect process, making it not a straightforward and costly option.
- Convert the Vanilla gift card into Cash.
- Deposit the funds to your bank account.
- Add the money to Cash App.
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.
The Vanilla gift card is a popular prepaid gift card that allows users make financial transactions conveniently.
While you can't directly transfer money from a Vanilla card to a bank account, there are indirect ways that can be used to complete the transfer.
This guide compiles all you need to know about moving funds from a Vanilla card to bank account.