Proper Info Of Transfer Money From My Vanilla Card To Bank Account

transfer money from my vanilla card to bank account

Vanilla gift cards allow you to load money for your loved one. It is among the various gift cards you can get online without visiting any physical branch to apply. They allow one to buy goods and services from designated stores and service centers. Today I will take you through the process to transfer money from my vanilla card to bank account.

There comes a time when you require cash for various uses, and thus the need to transfer the funds to a bank account. Since you can manage your balance online, we want to look at how you can quickly move money to your bank. Moving money from one platform to the other ensures proper money circulation.

Vanilla gift cards come in various denominations. You can therefore get the lowest amount that you feel suits your pocket. Furthermore, you only need a compatible device and a reliable internet connection to carry out the process. Since they are reloadable, you do not need to get one every time you want to give someone. You only need to reload and alert them about it.

Places To Get A Vanilla Gift Card

You only need to visit the Vanilla Gift Card website, and you are good to go. You can then order and then receive them at your physical address.

Also, you can buy them at a physical store. There are various participating stores where you can get them for various denominations. They include the following:

  • CVS Pharmacy
  • Walmart
  • Walgreens
  • Dollar General
  • Rite Aid Pharmacy
  • 7-Eleven
  • H.E.B.
  • Speedway

Cost Of A Vanilla Card

transfer money from my vanilla card to bank account

There is no specific cost for the card. As I mentioned earlier, you can choose one from various amounts offered by the company. The following are various gift cards you can get from the company.

  • $50 Vanilla Visa card price $50.00
  • $75 Vanilla Visa card price $75.00
  • $100 Vanilla Visa card price $100.00
  • $150 Vanilla Visa card price $150.00

Ways To Use A Vanilla Card

There are various ways you can use a Vanilla gift card as long as it has sufficient balance. You can use it to purchase goods and services at a retail store. You can swipe it at the register and deduct the spent amount when paying.

There is also a possibility to transfer money from a gift card to a bank account, as we shall see later.

Banks That Work With Vanilla

Various banks work with Vanilla. For instance, Vanilla Visa® Gift Cards are issued by MetaBank®, TBBK Card Services, Inc., N.A. or Sutton Bank, with a license from Visa USA. All the banks mentioned above are FDIC insured. That means your funds are safe all the time. You can see the issuing bank at the back of your card.

The Bancorp Bank issues Vanilla Discover® Gift Cards and is also a member of FDIC, meaning that the cards are also secure to use. On the other hand, according to the license by Mastercard International Incorporated, Vanilla Mastercard Gift Cards issuance is done by MetaBank, The Bancorp Bank, N.A., or Sutton Bank.

Various Methods To Transfer Money From My Vanilla Card To A Bank Account

You cannot directly transfer funds from your Vanilla gift card to a bank account. However, you can use indirect means to carry out the process. The following are some of the methods you can use.

1) Add the card to PayPal

Paypal allows you to add your Vanilla card to your account to help in funding your transactions. You can thus get the money from your account for a PayPal to a bank transfer. That way, you will have moved money to your bank account. However, you may part with up to 3% of the total transaction amount.

You can link your gift card to PayPal using the following format.

  • 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.”

Once you have linked it, you can transfer funds to a bank account in the following format.

  • Open your PayPal app to log into your account.
  • Tap your PayPal balance.
  • Hit on “Transfer”
  • Tap “Transfer Money.”
  • Select the bank account to transfer funds to.
  • Enter the amount to transfer.
  • Confirm the transaction to complete the transfer.

You can also use the above process to transfer money from a debit card to a bank account. PayPal supports debit cards, and you can use them to transfer funds for free.

2) Add your Gift card to a Venmo account

You can add your Vanilla gift card to Venmo just like you have done on PayPal. You thus use it to fund your transfer to a bank account. The following is how you can transfer money from Venmo to a bank account.

  • Log into your Venmo account.
  • Tap the ‘Menu’ icon in the top left corner.
  • Choose the option “Transfer to Bank.”
  • Choose the ‘Amount’ to transfer.
  • Hit on the ‘Transfer’ button.
  • Select the “Confirm Transfer to Bank” button.

3) Use your Gift card to pay bills

When paying bills, you transfer funds to a merchant’s bank account. Therefore, that is one way you can move money to a bank account. Since a gift card is treated as a credit card, you may need to pay some transaction fees.

4) Trade-in a Gift Card Exchange Kiosk

You can exchange it for money at the Gift Card Exchange Kiosks. These are Yellow in color kiosks, and you can often find them in supermarkets and shopping malls. You must part with some fees meaning that you will receive less of the value of your card. Once you get the cash, you can deposit the funds in a bank account.

5) Sell your gift card through an app

There are various applications for both android and iOS that you can use to sell your Vanilla gift cards and then have the funds deposited into your bank account. Even though the apps take a large commission, you eventually get the funds in your bank account.

You, first of all, tell them the kind of card you have, i.e., whether Visa, Mastercard, Discover, and so on, then they give you an offer. They can purchase it and deposit the funds in your bank account within five business days if you accept.

An example of such an app is the Prepaid2Cash that you can use to get cash from your gift card to a bank account.

6) Sell your gift card on a website

Various websites allow you to sell your Vanilla gift card, and the electronic ones are processed faster than tangible ones. Digital gift card processing is instant. When selling a tangible one, you have to post it to their place, and you are good to go.

 You must agree to the fees before you send the card. They can then deposit the funds in your bank account or a debit card. Such sites are suitable to transfer money from one card to another, in our case, from a Vanilla gift card to your debit card that links to a bank account.

7) Buy a money order with your Gift card.

You can purchase a money order using your Vanilla gift card and deposit it in your bank account. Places like Walmart allow you to purchase money orders. Money orders almost work like checks, although you must pay before getting them.

8) Sell out to others

You can sell your Vanilla gift card to others and get funds to deposit in your account. Some of them do not have P.I.N.s, but if it has, you can share them with the buyer, and you are good to go. By the way, the method is one of the easiest transfer methods, and you are likely going to get the total value of your gift card.

Final Verdict

Vanilla gift cards allow you to buy goods and services at physical stores. They are reloadable in that you do not have to purchase a new one when you need it, as you need to add money to your account. There are various places you can purchase and add money to your Vanilla gift card. Walmart, Walgreens, Dollar General, Rite Aid Pharmacy, and 7-Eleven.

Spencer Tierney is a writer and expert on certificates of deposits at His work has been featured by USA Today, MSN, SF Gate, the Los Angeles Times, NerdWallet and more. He earned a bachelor’s degree in English at UC Berkeley.