How To Transfer Money From Prepaid Visa

This post may contain affiliate links. Which means we may earn a commission if you decide to make a purchase through our links. Please read our disclosure for Sir Thomas More info.

Put over of Table of contents

Can You Transfer Money From A Postpaid Card To A Bank Account?
- Regular Postpaid Card
- Prepaid Invest Posting
How To Transfer Money From Your Prepaid Bill of fare To Your Bank Account Using MoneyGram
- Step 1: Sign Up For An Write u At MoneyGram.Com
- Step 2: Navigate To The 'Send Money' Foliate And Fill Out Payment Information
- Step 3: Complete Your Bank Details
How Much Does Information technology Cost?
How To Salvage On The Transfer Fee?
Is There A Limit When Transferring Money Using MoneyGram?
How Long Does It Guide To Transfer Money With MoneyGram?
How To Transfer Gift Board Balances To Your Bank News report Using CardCash
How To Transferral Money From Prepaid Card To Bank Account (Step By Step)
- Step One: Find Out If Your Prepaid Card Hind end Embody Old Anyplace, Beaver State Is Limited To Participating Merchants Only
- Dance step Two: Visit Your Paid Card's Website To See If They Pop the question Transfers To A Bank Bill
- Step Three: Register Or Log-In To Your Prepaid Card Score
- Step Four: Connect Your Bank Account To The Prepaid Card By Providing The Routing Number And Account Enumerate Of Your Bank Account
- Stair Five: Follow Additional Instruction manual From The Prepaid Card Caller And Perform The Transfer Online To Your Bank Account
- How Provident Wish It Take For The Money To Be Transferred To My Swear Account?
Popular Postpaid Cards That Allow Transfers To Depository financial institution Accounts (With Book of instructions)
- Banking company of America CashPay Card
- Bank of America Doctor of Education Card
- Key2Benefits Prepaid Card
- Netspend Prepaid Card (Visa, MasterCard, Skylight ONE)
- Other Visa Prepaid Cards
The Bottomline

Having a prepaid card is a favorable way to pay for products and services whether in-store OR online. As an alternative of carrying cash around, you just loading your money on your postpaid debit card, making it safer and Sir Thomas More applicative.

You can also get your paycheck and governance benefits on your postpaid card. The U.S. political science has even utilisedprepaid cards to send coronavirus stimulus payments to citizens with no purchasable banking information in 2022.

With so many of us exploitation prepaid cards, one commonly asked inquiry ishow to transfer money from a prepaid card to a savings operating theatre checking account?

The first footfall in the process is to check if your card even allows you to transfer cash in hand to your banking concern account earlier.

Tin can You Transfer Money From A Paid Card To A Bank Account?

Yes. You can transfer money from a prepaid card to a bank account in almost wholly cases. But how you do it depends on what type of paid identity card you have.

There are cardinal types of postpaid cards:

Which One Answer You Have?

Regular Prepaid Card

This is a poster that can represent used anywhere that credit/debit entry cards are constituted. If you have used your prepaid card at diverse places with no perturb, and so you have a regular prepaid card.

How to scram money off your card?

We've found that the best manner to do this is by using a remittance company likeMoneyGram.

If you don't require to pay whatever fees, you can try thisgeneric method. However, it's Thomas More wordy and is not guaranteed to work.

Prepaid Gift Card

This type of card limits you to buying products and services from participating merchants e.g. Home Depot.

How to get money off your card?

We've found that the only way to get money off a gift card is to deal it on special websites ilkCardCash.

How To Transfer Money From Your Paid Visiting card To Your Bank Report Victimization MoneyGram

We struggled to find a simple, sure-fire way to move funds off our prepaid cards for a long time. One daytime, a helpful lector shared this clever hack that whole works with nigh all prepaid card.

Using a remittance service suchlikeMoneyGram, you can transfer money to your bank history quickly, cheaply and safely.

Here Are Some Reasons Why We Love This Method:

✅ Safe: MoneyGram has been around since 1940, and is the irregular largest money transfer company in the worldly concern.

✅ Fast: Receive your money in minutes if you take the Debit Card Deposit selection.

✅ Cheap:Fees are as low Eastern Samoa $1.99. See our section on how their fees are calculated.

✅ Reliable: Dozens of our readers have successfully put-upon this method, and it appears to go for virtually whatever paid wit.

Here are the steps to transfer money from your prepaid card to your bank account using MoneyGram:

Step 1: Sign Astir For An Account At MoneyGram.Com

Go to theMoneyGram website and click "Sign Up" to create an account using your e-mail address. You may have to supply close to photo ID to verify that you're a legitimate soul.

Step 2: Navigate To The 'Send Money' Page And Flesh out Payment Information

Once you're signed up, dog on the "Get off Money" option in the computer menu. You should see a page similar in the screenshot above.

On this page:

Enter the amount that you want to send
Select Debit/Credit Card
Select the 'Account Deposit' option (or the 'Debit Card Deposit' option if you don't regard the 'Story Deposit' option. This leave ask that you have a debit circuit card linked to the bank account you'rhenium sending money to.

Step 3: Complete Your Bank Details

After clickingadjacent, you'll be taken to a page comparable in the screenshot above. Move in your Receiver's inside information. This will represent data like your figure, address and account/debit entry card information.

Pawl 'Next'. According to the MoneyGram website, umpteen account deposits are completed within minutes, subject to banking hours and systems availability.

How Very much Does It Cost?

You'll fund a fee based on the number you are sending. For amounts to a lesser degree $200, MoneyGram charges you a base fee of $1.99. For amounts supra $200, IT charges $1.99 + 1% of the transferred amount.

For good example, if you're going to place $500, the fee will be $1.99 + $5, for a total of $6.99.

You can estimate the fee in front you base the money by using thetip calculator on the MoneyGram homepage.

How To Save On The Transferral Fee?

If you are going to utilize this serve regularly, you hind end redeem on fees by enrolling in theMoneyGram Nonnegative Rewards.

With this program, you volition save 20% on fees onyour second transfer and 40% OFF on fees every one-fifth transfer.

If you're transferring a declamatory amount, then taking advantage of the MoneyGram Plus Rewards program wish save you lots of money!

Is There A Limit When Transferring Money Using MoneyGram?

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

If you need to send off more cash in hand, you'll have to do it personally at unmatched of the MoneyGram agentive role locations, nonetheless, accordant to the MoneyGram FAQ, virtually broker locations only accept cash.

How Long Does It Go for Transplant Money With MoneyGram?

All of MoneyGram's transactions occur inside the Lapplander day, including prepaid card transfers to your bank story.

Ready to get your money off your prepaid card? Visit the MoneyGram Website to get cracking.

How To Transfer Gift Card Balances To Your Bank building Account Victimisation CardCash

Yes, you can transplant money from most prepaid gift cards to your bank account using a service called CardCash.

Different most postpaid cards, gift cards are disposable and arse only be in use until the balance reaches zilch while most prepaid cards are reloadable and can be used indefinitely.

Thankfully, we've found one proven method acting for transferring money from your gift add-in to your bank account.

You can use transferrable payment services like CardCash (by PayPal) to transfer your money from your gift card or prepaid to your bank account.

The beguile? Information technology's more expensive than just using the gift card or prepaid scorecard to buy items. And so make sure that IT's really the hard currency value that you want from the endow circuit board.

To transfer gift cards to your bank account using theCardCash Option:

Disco biscuit to this page on theCardCash website
Enter the invest add-in you have Ex: Walmart
Move into the add up on the gift card Ex: $100
Click"GET OFFER" and an offer for how much they will pay you will appear Unstylish: $88.00
If you accept the amount, click"Get $88.00 Cash"
Thither volition comprise a pop-up book window asking how you will like to get paid and choosePayPal Expressed
Put down your gift scorecard number and PIN and continue to connect with your PayPal accounting
Log up-in to your PayPal account and fill the required W. C. Fields
Click "Get my PayPal Balance"
Once the balance reaches your PayPal Wallet, you potty now transferral the money to your banking concern account aside next these steps onHow to transfer from PayPal to my bank account?

How To Shift Money From Prepaid Card To Bank Account (Gradually)

The process is slightly several depending on each paid card just present's a step by step guide that should apply to most card game:

Step One: Find Out If Your Prepaid Poster Can Be Victimized Anywhere, Or Is Limited To Involved Merchants Only

Visit your prepaid card ship's company's internet site and look at the card's features. Can it be used anywhere that regular debit cards are accepted?

For example, dependable cards have the chase features:

The Card can cost used to purchase merchandise and services anyplace Visa debit cards are accepted in the USA.

However, unusual cards are only limited to participating merchants:

Your Add-in can be accustomed purchase trade and services at any grocery salt away, specialty foods store, food truck Oregon online food retailer in the US where Visa debit cards are unquestioned.

If your circuit card can be used anywhere in the United States (the first type of card), past you can progress to step two. Otherwise, show our plane section ontransferring gift card balances to your bank account.

Step Two: Clave Your Paid Card's Website To See If They Offer Transfers To A Bank Invoice

Some prepaid poster companies help oneself you do transfers to your bank account finished their web site surgery app. So your first period should embody the website of your paid card provider.

Check Your Card Keep company's FAQ Page

Here, they'll usually cause a FAQ (Frequently Asked Questions) varlet. If your card company allows transfers, they'll state it selfsame distinctly.

For exercise, the Rely of America CashPay carte says the pursuing on their FAQ page:

" …you May perform an Online Funds Transferral via the CashPay Customer Service website at www.bankofamerica.com/cashpay (fee bequeath apply) to transfer funds from your CashPay accounting to a traditional checking or savings account owned by you in the United States."

Non in the FAQ? Check out Your Card Company's Features Varlet

If you don't find it on your wit provider's FAQ page, check the features and benefits page of your prepaid card.

On the Netspend website, this information appears connected the 'Scorecard Benefits' varlet:

"Have a bank account in addition to your Netspend Card Score? Connect your financial accounts from participating bank accounts and you can transfer money between them and your Netspend Card Account."

If your prepaid card companionship offers transfers to your bank chronicle, and then carry happening to the next step. If IT's not clear stated, then your best bet would be to try theMoneyGram method that we number below.

Step Three:Register Or Log in To Your Prepaid Card Account

After finding out whether your paid menu provider allows much a transaction, you give the sack sign-up for an account or log on if you already let an account.

If you need to do registration, then you will need your prepaid lineup with you. After signing-up, you can use the backlog-in details for future transactions.

Step Four: Link Your Bank Account To The Prepaid Menu By Providing The Routing Number And Account Number Of Your Bank Account

To execute the transfer, most prepaid placard providers testament take you to link your depository financial institution account by entering your coin bank account'srouting number and account number.

Your routing telephone number is a 9 digit number that tells you where your bank account was opened. One direct to search for it is at the bottom of your checkbook.

IT's also known as your Aba cloth Beaver State RTN number.

Make sure you have this set up. If you don't have the routing number of your bank history, check with your bank's website.

Most banks have a page where every last their routing Book of Numbers are listed. Get a load atU.S. Bank's website for example.

Step Five: Follow Additive Instruction manual From The Prepaid Card Company And Perform The Transfer Online To Your Bank Account

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

At any channelize, if you're unsure of what to do, your prepaid circuit board supplier should have a customer service hotline that you can call for assistant.

Here is an example of the detailed operating instructions provided aside the Key2Benefits Prepaid Card website.

How Long Testament Information technology Undergo For The Money To Atomic number 4 Transferred To My Bank Account?

How long the transaction takes depends on your coin bank. Some transfers can be consummated inside a few hours or on the said business organisatio daytime.

For near banks though, information technology usually takes a some business days before you see the money in your account.

For example, if you have a Banking concern of America prepaid tease and you are doing a transfer to your bank account for the world-class time, this could take leading to7business sector days .

This is because you must produce a freshly "transfer-to" account online, which can take busy 5 business concern days to authenticate.

After that, it can take another 2 business years to receive the money in your account.

If you use theMoneyGram method though, the money will arrive in your account within the Saame day. Even brand-new accounts convey to a lesser extent than a solar day to comprise proved.

Popular Prepaid Cards That Allow Transfers To Bank Accounts (With Instruction manual)

We get many queries about transferring monetary resource from prepaid cards to bank accounts. So we're able to see which cards most people need help with.

Here is a list of common postpaid cards in the United States of America and their exact instructions on how to transfer from the prepaid card to your bank account.

Bank of America CashPay Card

If you have a Bank of America CashPay Identity card, whether it is a Visa or Mastercard, you can transportation funds to your savings bank account. If you have an originally-issued CashPay card, it is accomplishable to perform an online funds transfer to a orthodox Confederate States savings or checking account that you ain.

You have to pay off similar fees and a minimum of $20 may equal transferred.

Attend the CashPay Customer Service websitewww.bankofamerica.com/cashpay.
Register a "transportation-to" account before performing your first transfer. You can only have up to two (2) "transfer-to" accounts in your profile.
After enrolment, you can sign in and select the "Transference funds" link within your online Account Summary page.
It takes 5 business days for your new "transfer-to" account to live authenticated ahead the transportation will beryllium made.

Bank of US EDD Bill of fare

If you experience the Bank of U.S. EDD Prepaid Debit Cardor the EDD Prepaid Digital Card, you fundament transfer money to your checking or savings account. You buns also choose to perform a one-time transfer or a recurring lead deposit transfer to your money box account.

The EDD Member Card is actually premeditated for people who prefer to immediately remove the funds to their personal trust account.

Attend the Bank of America EDD Debit entry Tease web site http://web.bankofamerica.com/eddcard
Follow the instruction to Seth-heavenward a ace-fourth dimension transfer or a continual transfer for EDD Digital Cards
If you enroll in a recurring transfer, the funds bequeath automatically transfer to your savings bank account inside 1-2 business years afterward the Doctor of Education deposits the funds to your Digital Card.
Alternatively, you keister also phone call Customer Service 1.866.692.9374.

Key2Benefits Prepaid Card

If you have a Key2Benefits Prepaid Card, you can transfer some or every last of your balance to your personal nest egg or checking account. You call for to have the Routing Number and Account Keep down of the money box score you wish to transfer into for you to complete the transaction.

Log-in to Key2Benefits.com
Click on "Card to Account Transfer" in the left-hand menu.
The Card to Describe Transfer screen will appear.
Type in the amount you wish to transfer.
Type in your Routing Number.
Type in your Account Number.
Choose the Account Type.
Enter the security code you see on your screen to verify this is a unexpired request.
Detent "Continue"
Avow your information.
Fall into place "Submit".

Netspend Prepaid Circuit card (Visa, MasterCard, Skylight ONE)

A Netspend Prepaid Posting will grant you tomove money to your banking concern account, as well as to opposite Netspend cardholders. To transferral funds to your bank account:

Break to the NetspendOnline Account Center
Sign up-up for an account and follow instruction manual to link your trust describe.
Fees for bank transfers will exist driven by the bank.

Note that this table service may non be available for some banks. You have to check with the bank if this is available if you run into any issues.

Other Visa Prepaid Card game

If you have a Visa Prepaid Placard, the process on how to transfer money to your bank account will depend on the type of add-in you have.

To transfer a visa prepaid to a bank account statement, you have to assure with your paid calling card provider if this divine service is available.

Go to this associate to find your postpaid wit and visit the corresponding website: https://usa.visa.com/pay-with-visa/find-card/arrest-prepaid-card

At the time of writing, other Visa prepaid cards like smiONE, MyVanilla, US Money, and Green Dot do not supply clear selective information on their website whether this is possible. Therefore, you should use the MoneyGram method to carry-over your money.

The Bottomline

The ability to transfer money from your prepaid card to your bank account will depend connected the type of board you have. The best way to check whether your card has this characteristic is to tab the customer Service section of your prepaid card or gift card provider.

If transferring money to your coin bank account from your postpaid scorecard is not available, you can try the options listed above such as using a money transfer service or mobile payment apps to move your money.

Did any of these methods work for you? What worked, and what didn't? Let us know in the comments below!