A gift card is a payment card that you can use to make purchases at specific or general retail stores, restaurants, gas stations, and other locations. You have to load money onto the card before you present it to the recipient so that they can spend it at accepted places. Some gift cards allow you to transfer balances to other payment platforms such as PayPal. We shall see how to transfer the Visa Gift card balance to PayPal shortly.
In most cases, it is free to recharge a gift card while some prepaid gift cards charge fees to purchase them. Again, some gift cards are reloadable while most of them become useless once you exhaust the funds. The reloadable gift cards save you the hassle of always looking for new gift cards once the balance in the existing card is over. If you have a child who schools far from you, a reloadable gift card can be the best option to top up remotely.
Nowadays, we have eGift cards that allow you to purchase goods only online. They are not like ordinary plastics but just digits. When you buy one online, you receive the card details to use them for payment. You can send a gift card via email or as a text message. eGift cards save you the cost of sending gift cards via the postal service. Again, beneficiaries can receive them as soon as they send them.
Process To Buy A Gift Card
You can either buy a gift card online or at a physical store. Gift cards come in different denominations and you have to decide which denomination you want to purchase before getting one. After that, you can proceed to purchase one.
When buying gift cards at a physical store, you have to present money to the cashier who then customizes the gift card according to your demands. You can even use your credit or debit card to pay for the transaction. They then electronically load the specified amount into the card and then present it to you after which you can send it to the person you intend to gift. One of the most prominent physical stores where you can buy gift cards is Walmart.
When purchasing online, you have to visit the concerned website and navigate to the section where you can buy a gift card. You can then choose the card denomination that you want to buy, then enter the necessary details and pay for it. You can buy a tangible gift card or an eGift card online. The tangible gift card will be sent to the address you provide. You can buy gift cards online with a checking account number, a payment card, or a mobile money wallet.
Ways To Use A Gift Card
Using a gift card is not that hard. Once you get one, you can use it to buy goods and services at the specific store that issued the card. Some gift cards are general in that you can use them to buy goods at various stores. You can either buy goods using a gift card online or at a physical store. When using an eGift card, you can mostly buy goods online.
However, the tangible gift card allows you to purchase goods both online and at physical stores. Once the funds are depleted, you can then discard the card in the best way possible. If it is a rechargeable card, you can keep it securely so that the person who gifted you can recharge it during the appropriate time.
Transfer Visa Gift Card Balance To PayPal – The Procedure
PayPal is a money transfer platform that allows you to transfer money from one person to the other. You can add money to your PayPal account using various methods such as your bank account, debit card, prepaid card or receive money from others.
Interestingly, you can decide to transfer your Visa gift card balance to your PayPal account to use it for various kinds of transactions. You have to link the gift card to your PayPal account to be able to add money to our PayPal account. The following is the process to link your Visa gift card to your PayPal account. Have a look.
- Open PayPal.
- Navigate to your ‘PayPal Wallet’ on a desktop computer
- Tap “Link a debit or credit card.”
- Hit “Link a card manually” if the option to link manually is available or link through a bank.
- Enter your gift card information.
- Select “Link Card.”
Once you have successfully linked your gift card to PayPal, you can then proceed to add money to your PayPal account. You only need to navigate to add money, then choose the gift card as the source of money. You can use the gift card balance to fund your PayPal transactions for example; you can send money through PayPal friends and family.
Can You Use PayPal To Buy A Gift Card
Some gift card sellers allow you to use PayPal to fund your transaction when purchasing a gift card. When purchasing a gift card from an online seller such as Amazon then you can use your PayPal balance to fund your transaction. The seller directs you to log into your PayPal account to authorize your transaction.
If you do not have enough balance to use for your transaction, PayPal then draws money from your bank or linked card. Remember there up I mentioned that you can use your gift card balance on PayPal.
Is It Possible To Use PayPal To Load A Visa Gift Card
As I mentioned earlier, you can use PayPal to purchase a gift card. That means you will have loaded money using a reloadable gift card. After that, if the card is reloadable, you may also load it online using your PayPal account, bank account, payment card, or at the physical branch using cash.
Stores Where You Can Buy Gift Cards
There are various stores where you can buy gift cards. They include the following:
- Best Buy
Gift cards are payment cards that allow you to top them up before using them. Usually, you buy gift cards to give to someone else and that is why they are called gift cards. You can either buy gift cards online or at a physical store. Some gift cards are reloadable while others expire once you have exhausted the funds loaded. You can use PayPal, a bank account, or a debit card to pay for your gift card.