br>You can use the AmEx gift card to buy a VISA prepaid gift card with a PIN, then use the VISA prepaid gift card to purchase a money order at USPS or Walmart (depending on the type of Visa gift card you buy), then deposit the money order into your bank account.
Best Answer: The only way to do this is to get a cash advance on the gift card for the balance on it, and deposit it into your checking account. This isn't that easy though as many merchants do not accept AMEX for cash advance, however it is possible if you find one.
There are no fees for the recipient to worry about, making them excellent gifts. Fees are involved in the purchase of the gift card, which you can read about here. American Express Gift Cards are a popular way to meet the minimum spending requirements for credit card bonus offers.
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With checking accounts, consumers can pay their bills online but that's not always the case with prepaid cards. The American Express prepaid card and the Mango prepaid card don't have this feature.
A debit card is a card that deducts money from a designated checking account to pay for goods or services. It can be used anywhere Visa ® or MasterCard ® debit cards are accepted and no interest is charged.
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Can American Express gift cards be deposited into a bank account? | Yahoo Answers Can you deposit american express gift cards in the bank
Which Reloadable Prepaid Card is Right for You? Although most reloadable prepaid cards work similarly, each has various fees and features associated with it. In order to pick the card that is right for you, you’ll first need to think about how you intend to use the card. Here are some questions to think about before selecting a card:
View all prepaid products from American Express including prepaid debit accounts and customizable gift cards for personal or business needs.
You might have received an American Express gift card (or Visa gift card), but instead of spending it at a merchant that accepts Visa or American Express, you want to convert it into cash that can be deposited into your bank account. There are some ways to do this … but I am going to focus on one way … and it involves PayPal. You will need:
How to Transfer a Visa Gift Card Balance to Your Bank Account with Square Can you deposit american express gift cards in the bank
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Can you deposit an American Express Gift Card?. American Express gift cards can be purchased in any number of denominations, such as twenty-five dollars, fifty dollars, one hundred dollars, and.
Benefits. American Express Gift Cheques are a convenient and secure way to send money and are the perfect gift for hard to please individuals. Gift cheques are convenient, because they are accepted at virtually all merchants and can be purchased 24 hours a day, seven days a week, without leaving home.
Can you deposit american express gift cards in the bankI'm continue reading noob at banking so I'm here or advice thanks!
Whole Foods sells Metabank Visa Gift Cards, which you can typically use to buy a money order at Walmart.
OP is not 18, so I don't even know that he can legally open a VENMO account.
Assuming one regularly drives past a Whole Foods and Walmart, converting an AMEX Gift Card to a money order takes about 10 minutes.
Then, the money order can be deposited in-person at a bank, or via mobile deposit depending on the bank.
Either way, this is, what, a max 20-minute can you deposit american express gift cards in the bank investment?
And you think I am overcomplicating this check this out to the VENMO method?
There have been many reports of VENMO accounts being frozen or suspended for gift card activity.
If I had confidence in the VENMO system, I'd be buying AMEX gift cards all day every day using a rewards credit card, sending them to my brother via VENMO, taking the money back from him, and paying off the credit card.
Then use the VISA pin gift card to purchase a money order at Walmart or Kroger.
It would be nice if you could purchase a money order straight with the amex.
However they require a card with a PIN.
So buy Visa card with a pin, then a money order.
Also, does anyone know where can i Buy metabank visa gift cards beside whole foods because the closet one for me is 5 miles away.
Hope this helps and have fun with the extra cash!
Edit: this comment was incorrect.
The Card cannot be used for ATM cash withdrawals or for recurring billing charges such as monthly utilities or subscriptions.
Square doesn't support prepaid cards.
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How can I use my Direct Express® card?
Can you deposit gift cards into your bank account Can you deposit american express gift cards in the bank
Can you deposit gift cards into your bank account Can you deposit american express gift cards in the bankBest Answer: The only way to do this is to get a cash advance on the gift card for the balance on it, and deposit it into your checking account. This isn't that easy though as many merchants do not accept AMEX for cash advance, however it is possible if you find one.
Can I make an account there and fund it with these visa/amex gift cards and then send money to somebody else, for example pay rent with it? you can send it to someone else who has an Amazon payments account, ex: your wife, and then she can have the money deposited in a checking account with no fees involved
American Express gift cards are great presents because you can use them anywhere American Express is accepted. Buying something with your gift card is very similar to using a regular credit card, and you can make purchases in-person and online.