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The Daily Insight Hub

Can you use a gift card to get cash back?

Author

Sarah Martinez

Updated on January 24, 2026

If you have a Visa gift card and are wondering if you can get cash from it, the short answer is probably not. Though the two cards are similar, only prepaid cards can be used to get cash from an ATM or to get “cash back” from a merchant. Gift cards cannot.

Can you take money off a gift card at an ATM?

A: Yes. You may withdraw cash against the balance on most Mastercard prepaid and gift cards at any ATM. However, not all prepaid and gift card issuers allow ATM or foreign transactions. Be sure to check with your card issuer to ensure that these types of transactions are permitted.

Can you get cash back from a Walmart gift card?

Whether you want to turn the gift card into cash or use the remaining funds on the card, you can do it with a few simple tricks. Walmart doesn’t offer the option to return the gift card for money or get the leftover balance in cash.

Can you transfer money from virtual card to bank account?

You can transfer your virtual Visa funds to your bank just like you would transfer them from a regular card. If the issuer allows transfers to bank accounts, you should be able to do that by logging in to your online account.

How do I get money off my current virtual card?

To withdraw cash, you first need to download the CashDash app, and top up your virtual wallet with funds. When you get to the ATM, you key in your phone number, and authorize the transaction on your phone. The machine will then spurt out the requested money.

Can you exchange gift cards for cash at Coinstar?

Does Coinstar give gift cards? Coinstar does give gift cards in exchange for cash! All you have to do is go to a Coinstar kiosk, choose the gift card you want, put your coins in the slot and you’ll receive your gift card to use online or in-store.

Can you get cash out of a gift card?

If you want to get money from a store gift card, then Yes! You can get cash off a gift card if it’s a closed-loop gift card (one that is only usable at a particular store) by selling it to a gift card reseller. For example, you can get cash from a Target gift card, a Sephora gift card, a Home Depot gift card and more.

How can I get cash back on my Visa gift card?

Just use personal check out, swipe visa gift card, hit cash back, and viola, cash back. It all depends on the type of Visa gift card you have. If you have a prepaid card that allows you to get cash back (e.g. often a reloadable gift card), then this will work.

Do you get money back when you return a gift card?

Many stores have their transactions on lock-down where money given back to the consumer for merchandise returned is automatically credited back to the card used to pay for the item. You’ll also get a merchandise credit (or another gift card) if you return an item without a receipt.

Can you get cash back on a prepaid gift card?

Though the two cards are similar, only prepaid cards can be used to get cash from an ATM or to get “cash back” from a merchant. Gift cards cannot. Read the terms and conditions on the back of your card to know for sure. Can I get Cash Back from a Store Gift Card? If you want to get money from a store gift card, then Yes!