can you transfer prepaid visa to paypal

by Henriette Cronin Published 3 years ago Updated 2 years ago

You are able to move funds between PayPal and the prepaid card in a straightforward and fast way. You can use PayPal as a hub to transfer the money from the Visa gift card to your bank account. This can be very useful if your bank does not support free transfers between your current account and the prepaid card.

Yes. Anywhere in the U.S. where PayPal is accepted you can use prepaid gift cards that have a Visa®, MasterCard®, American Express®, or Discover® logo on it.

Full Answer

Can you transfer money from PayPal to a prepaid card?

Now, if you’re transferring money between your PayPal account and a prepaid card, that can be prove to be a lot more difficult.While some prepaid cards can be linked to your PayPal account, others can’t, a lot depends on your credit card issuer.

How do I link a prepaid Visa card to PayPal?

Associate the prepaid Visa card with your PayPal account at which time PayPal will make 2 small payments to said card (each for less than $1.00), then log into your card activity menu and make note of the two amounts and enter them on the card verification page of your PayPal account.

How long does it take to transfer money from visa to PayPal?

Enter the amount of money you wish to transfer from your Visa card and click "Submit." Your money should be available within 3 to 5 days. It's important to note that the same credit card can be linked to only one PayPal account at one time.

How to transfer money from Visa prepaid to bank account?

If you have a Visa Prepaid Card, the process on how to transfer money to your bank account will depend on the type of card you have. To transfer a visa prepaid to a bank account, you have to check with your prepaid card provider if this service is available.

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How do I transfer money from a prepaid card to PayPal?

You cannot transfer money from a prepaid card to PayPal. You can only link the prepaid card to your PayPal account, and use it to make payments. PayPal accepts any prepaid card that has a Visa, American Express, MasterCard or Discover logo.

Can you put money from a prepaid Visa to PayPal?

You can add Visa (and MasterCard, Discover, or AmEx) gift cards and prepaid cards to your PayPal Wallet, the same way you would a traditional debit or credit card.

Why can't I add my prepaid card to PayPal?

According to PayPal's prepaid card terms, prepaid cards cannot be used for payments automatically pulled from PayPal accounts. For instance, if a subscription service is linked to a PayPal account, PayPal would not accept a prepaid card for monthly subscription payments.

Can I transfer prepaid Visa to bank account?

Yes. You can transfer money from a visa gift card to your bank account. To transfer visa gift cards to bank accounts, it is important you understand what type of prepaid card you have. Basically, visa gift cards are the same as Visa credit cards in usage.

How do I transfer money from a prepaid card?

You can typically transfer money from your prepaid card to your bank account online, by logging in to prepaid card's app or website. If your prepaid card does not allow transfers to bank accounts, you can use a third party service like MoneyGram to make the transfer.

Can you transfer prepaid Visa to venmo?

Can I use a prepaid card or gift card? We allow credit, debit and prepaid, network branded (e.g. American Express, Discover, MasterCard, Visa) cards registered under your name to be added to Venmo. Cards may be declined by the card issuer or Venmo for funds availability or fraud prevention reasons.

How do I transfer money from a Visa gift card to my cash App?

No, you cannot add a prepaid card to Cash App. Your Cash App account can only be linked to a bank account, debit card, or credit card. Instead, link prepaid cards to mobile payment apps such as PayPal, Apple Pay, and Google Pay. However, Cash App does support government-issued prepaid cards.

Can you return gift cards as cash?

Gift cards are not intended as cash. You can bypass this by buying items then returning them. HOWEVER - the store can legitimately simply issue a credit note - tying you to the store anyway !

Is it illegal for a taxman to cash out a credit card?

It is not illegal for him to help cash out your card. But it adds to his burden, because on his books, it appears to be either additional taxable revenue or a suspicious wash transaction. Either way, it will force him to explain the circumstances to the tax man or to outside investors.

Do prepaid cards charge fees?

Use an ATM, some prepaid cards don't charge fees if you use specific ATM machines.

Does PayPal cash go to Wells Fargo?

EDIT 2020: they have just introduced PayPal Cash Plus, which in effect puts your funds into a Wells Fargo or other FDIC insured account, if you use the feature. In theory this may introduce some some delay if you need to move funds between PayPal and your bank.

Do gift cards have cash advance?

Gift cards and prepaid debit cards do not have a cash advance feature.

Does Walmart charge a fee for prepaid cards?

Walmart doesn 't charge a fee for this, however prepaid cards may charge a fee for the transaction. Write yourself a Card to check: some prepaid cards are offering a new service, you can use checks directly from your card. They will usually provide a few with the card in the same envelope you got the card in.

How long does it take for PayPal to transfer money?

PayPal will do an instant transfer from your bank account assuming you have a current linked and confirmed credit card. If the card is not current or no card, then the transfer from your bank account to pay for the purchase can take a few days, possibly up to 4.

Can you transfer money from a prepaid card to a bank account?

What you have in mind is not supported. Prepaid cards are treated the same as credit cards, you can use them for purchases or to send money but, you can't transfer the funds from the card to your account balance. The exception would be GreenDot MoneyPaks.

Can I Link A Prepaid Card To My Bank Account?

You can easily transfer money once your prepaid card is set up with your bank. Select the amount you would like to transfer, the account to transfer the money from, and the prepaid card account as the account to transfer money to from your bank’s transfer page.

Can You Transfer Money From A Prepaid Card To A Credit Card?

Even if they are from the same network, most prepaid cards do not allow transfers between cards of different brands, but rather between prepaid cards and regular credit cards. The Western Union NetSpend Prepaid MasterCard is one of the cards that can be used to send and receive Western Union money transfers.

Can I Transfer Money From My Vanilla Card To Paypal?

PayPal does not allow you to link prepaid Visa cards or Visa gift cards.

Can I Use A Prepaid Card To Send Money On Paypal?

Yes. There is no limit to where you can live in the U.S. If PayPal is accepted, you can use prepaid gift cards with Visa, MasterCard, American Express, or Discover logos. In the same way that you would enter credit or debit card information during checkout, you can do the same for PayPal users without accounts.

Alexandra Barring, Banking Moderator

This answer was first published on 04/13/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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How Do I Transfer Money From A Vanilla Gift Card?

Vanilla Visa gift cards cannot be directly exchanged for cash, but you can sell them online or in person, or have the money transferred to your PayPal account through the gift card. After the gift card is redeemed, you will receive money.

Can You Transfer Money From A Vanilla Visa Gift Card To Paypal?

Yes. There is no limit to where you can live in the U.S. If PayPal is accepted, you can use prepaid gift cards with Visa, MasterCard, American Express, or Discover logos. As with any other credit or debit card, PayPal members can simply add prepaid gift cards to their wallets and begin using them at checkout.

How long does it take to transfer money from Visa to PayPal?

Enter the amount of money you wish to transfer from your Visa card and click "Submit.". Your money should be available within 3 to 5 days. It's important to note that the same credit card can be linked to only one PayPal account at one time. Some cards qualify for instant confirmation, particularly if you have online access to your credit card ...

How to add a credit card to PayPal?

You'll first need to add the credit card to your account so PayPal will use it for transactions. Log in to your Paypal account. Click on the "Profile" link. Select "Financial Information" and "Credit/Debit Card." Select "Add a card.". Enter the requested card information.

How to add money to PayPal account?

Add funds to your PayPal account from the credit account balance by logging into your account and clicking "Transfer Money" under your balance on the home page. On the next page, select "Add money to your balance.". Enter the amount of money you wish to transfer from your Visa card and click "Submit.". Your money should be available within 3 ...

Why do people use PayPal?

Using PayPal creates a security barrier between the people and companies you send and receive money from, which helps protect your sensitive financial information. In addition to making safer online purchases, you can also pay some of your bills, receive deposits, donate to charitable organizations, transfer money abroad ...

How do prepaid cards transfer to bank account?

Some prepaid card companies help you do transfers to your bank account through their website or app. So your first stop should be the website of your prepaid card provider.

Why do people use prepaid debit cards?

10 The Bottomline. Having a prepaid card is a convenient way to pay for products and services whether in-store or online. Instead of carrying cash around, you just load your money on your prepaid debit card, making it safer and more practical. You can also get your paycheck and government benefits on your prepaid card.

Is There A Limit When Transferring Money Using MoneyGram?

The limit for sending money online is $10,000 per transaction and up to $10,000 every 30 calendar days.

How Long Does It Take To Transfer Money With MoneyGram?

All of MoneyGram’s transactions occur within the same day , including prepaid card transfers to your bank account.

How to get money off gift cards?

We’ve found that the only way to get money off a gift card is to sell it on special websites like CardCash.

Do prepaid cards have different instructions?

Every prepaid card provider will have a slightly different set of instructions so make sure to follow the instructions carefully.

How long does it take to get a bank transfer?

How long the transaction takes depends on your bank. Some transfers can be completed within a few hours or on the same business day.