For example, a $100 Visa gift card will only allow you to buy items worth up to $100. Visa gift cards come with different amounts of money loaded on them. You can do this by creating an account on a safe gift card trading platform. BUT… yes there is a “but”, there is a way to make your Visa gift card cash or even cryptocurrency. Visa Gift cards are basically for redeeming items or services, not for cash withdrawals. Generally, Visa debit cards are for payments and most importantly cash withdrawal. They both function differently as has already been spelled out above. The following features differentiate the two types of Visa payment cards. So How is a Visa Gift Card Different from a Visa Debit Card? While Visa debit cards are to enable human-machine banking. They are used to make payments through POS machines, withdraw money and check account balances from ATMs.īy this point Bayo was catching the drift, a Visa gift voucher is made primarily to redeem items and services. Your spending limit is connected to how much you have in your bank account. The amount loaded on the card is your spending limit.Ī Visa debit card on the other hand is connected to your bank account. They come with different prepaid amounts, for example, a $100 Visa gift card. Visa gift cards are accepted worldwide due to the international acceptance of Visa debit cards. It is an open-loop prepaid card that can be used to purchase items from merchants that accept Visa debit cards. I will start this explanation exactly where I did with Bayo, what is a Visa Gift Card? What is a Visa Gift Card? Like Bayo, your curiosity is about to be fed and satisfied. He looked at me with curiosity on his face as I said “I thought you would never ask”. I gulped down my glass of beer, cleared my throat, and rubbed my palms. I felt honored that he would ask me instead of Mr. “Can I use my Visa gift card to withdraw from an ATM?” Bayo asked as he sipped his cold bottle of beer. I hear this question pop up every now and then in discussions amongst gift card enthusiasts.
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