how to transfer vanilla gift card to bank
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How To Transfer Vanilla Gift Card To Bank; Step-by-step Guide

Is it possible to transfer a Vanilla gift card to the bank? Though many people don’t know this is possible, there is always a way to achieve it. 

The  Vanilla gift card will serve a great purpose as being a gift, when you ever run out of ideas  of what to present to someone as a gift for any occasion. There are many ways to use the Vanilla gift card and one of such is using its balance to cash out at a bank. And in this article, I will be showing you steps on how to transfer a Vanilla gift card to bank.

So, without further ado, let us proceed.

What Is A Vanilla Gift Card?

how to transfer vanilla gift card to bank

Vanilla gift cards are issued by Visa U.S Inc and in partnership with financial companies such as TBBK Card Services, Inc., MetaBank, N.A. or Sutton Bank. These gift cards are prepaid Visa gift cards that can be used across different places or locations. This includes places such as restaurants, gas stations, retail stores, and a lot of other places.

Vanilla gift cards are mainly used in the United States and the District of Columbia. However, you can transfer a Vanilla gift card to a bank anywhere you are in the world, even if it is neither in the United States nor the District of Columbia. 

Vanilla gift cards can be found across several retail stores in the United States. This includes the likes of Walmart, Walgreens, Amazon, CVS and a lot of other e-Commerce stores. Apart from this website, the Vanilla gift cards can be purchased on the official Vanilla website at www.vanillagift.com.

Can I Transfer Vanilla Gift Card To Bank?

Yes, you can actually transfer a Vanilla gift card into your bank account. And later on in this guide, I will show you how to transfer Vanilla gift card to bank account.

How Do I Transfer A Vanilla Gift Card Balance?

As I had earlier said, you can actually transfer a Vanilla gift card into your bank account.

However, there is a little bit of a stress involved as like most other gift cards, you cannot transfer a Vanilla gift card straight into your bank account, despite the fact that it is issued by Visa. This is the same with gift cards such as the Walmart gift card, Amazon gift cards, and a lot of others. Basically, there are two ways on how to transfer a Vanilla gift card to bank, which are:

  • Through Via Paypal
  • Through Via Venmo

 1. Transferring Vanilla Gift Card To Bank Via PayPal 

As I had said earlier, you can actually transfer a Vanilla gift card to your bank account via PayPal. In fact, this is actually the most common way in which most people use to transfer a gift card balance to their bank account. To carry out this transfer to completion, you must link your bank account with the PayPal account. And you can sign up on PayPal or use the PayPal account of some other trusted person.

However, for security sake, it is best to sign up at once.

After signing up on PayPal, you can then link your bank account.

Below are full steps on how to transfer Vanilla gift card to bank via PayPal.

  •  Open your PayPal mobile app or visit their official website at www.PayPal.com.
  • Log into your PayPal account.
  • On your PayPal account dashboard, click on the deposit button.
  • Enter the amount that you wish to withdraw (the value of the Vanilla gift card).
  • Tap continue.
  • Select the payment method, click on “Add Card” or “link a card” (depending on the version).
  • On the electronic form field, enter the details of the Vanilla gift card.
  • Enter the pin of the Vanilla gift card.
  • Click on Deposit.

After the money has been deposited, the next step is to send the money in your PayPal account to your bank account. And you can follow the steps below to send the money to your bank.

  • Go back to the dashboard.
  • Click on “withdraw”.
  • Enter the amount that you wish to withdraw.
  • Select “withdraw to bank”.
  • Enter your bank account details.
  • Click on continue.
  • Enter your PayPal pin.
  • Tap continue.

 2. Transferring Vanilla Gift Card To Bank Via Venmo

Aside from PayPal, one other popular method of transferring money from the Vanilla gift card to bank account is Venmo. Venmo is also widely used as it has a user friendly interface and transactions are swift. Below are steps on how to transfer money from a Vanilla gift card to bank account via Venmo.

  • Open the Venmo mobile app.
  • Sign up on Venmo, or login your Venmo account if you already have one.
  • On the Venmo dashboard, Tap “Add Funds”.
  • Enter the amount you wish to add (based on the value of the Vanilla gift card).
  • Select Add card.
  • Enter the details of your Vanilla gift card.
  • Enter your Venmo pin.
  • Confirm the transaction.

Now, you have added the money into your Venmo wallet. You are about to send it into your bank account. You can follow the steps below to do that:

  • Return to your Venmo account dashboard.
  • Click on “Transfer Funds”.
  • Enter amount (based on the value of the Vanilla gift card or the amount that you wish to add).
  • Select “transfer to bank”.
  • Enter your bank account details.
  • Click on confirm.

Frequently Asked Questions

Is It Safe To Transfer A Vanilla Gift Card Balance To Bank?

Yes, it is safe to transfer a Vanilla gift card to bank. However, it is safer if the medium of transfer (PayPal or Venmo) is yours, as this will most likely reduce scam.

Is It Free To Send Money From My Vanilla Gift Card To PayPal And Then To Bank Account?

Yes, it is free to send or transfer money from your Vanilla gift card to your PayPal and then to your bank account. However, continuous usage of it over a short period of time might attract a little fee.

Is It Free To Send Money From My Vanilla Gift Card To Venmo And Then To Bank Account?

Yes, it is free to send or transfer money from your Vanilla gift card to your bank account via Venmo. The payment company has made it free, as it only charges Credit cards a 3% fee per transaction.

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