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Just like most other gift cards, it may not be possible to transfer a Vanilla gift card directly to a bank account. However, if you really want the get the gift card into your bank, there is still an indirect way to do this.

This usually involves using a third party platform that are compatible with Vanilla gift card and your bank. You will then need to first transfer to the third party payment service, and thereafter, send to your bank account. In the case of Vanilla gift card, we are going to be using Paypal or Venmo as a third party payment service.

how to transfer vanilla gift card to bank

How Do I Transfer A Vanilla Gift Card Balance?

Just as said earlier, you may not be able to transfer a Vanilla gift card directly into your bank account, despite the fact that it is issued by Visa. This is the same with gift cards like the Walmart gift card, Amazon gift cards, and a lot of others. However, we are going to use Paypal or Venmo to get money off our Vanilla gift card.

 1. Transferring Vanilla Gift Card To Bank Through 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 do this, you must link your bank account with the PayPal account.

  •  Open your PayPal and login.
  • 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”.
  • 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 Paypal 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 Through 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.

  • Open the Venmo and login.
  • 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.
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