Are you the lucky recipient of a Walmart gift card, but not sure what to do with it? Don’t let it go to waste! Did you know that you can get cash back from a Walmart gift card? Yes, it’s true! Keep reading to find out how you can turn that gift card into cold, hard cash.
Walmart offers a few different options for getting cash back from your gift card, including exchanging it for cash at a Walmart store or using it to make a purchase and receiving cash back as part of the transaction. In this article, we’ll explore these options in more detail and provide you with some helpful tips on how to get the most out of your Walmart gift card. So, let’s get started!
Yes, you can get cash back from a Walmart gift card, but there are certain limitations. You can redeem the gift card for cash at any Walmart store or Sam’s Club in the United States. However, you can only get a maximum of $100 cash back per transaction and up to $300 cash back per day. Also, some states have specific laws regarding gift card cash redemption, so it’s best to check with your local store before attempting to redeem your gift card for cash.
Can You Get Cash Back from Walmart Gift Card?
If you are a frequent Walmart shopper, chances are you have received a gift card at some point. Walmart gift cards are a popular choice for gift-giving, but what happens if you receive a gift card and you need cash instead? Can you get cash back from Walmart gift card?
Understanding Walmart Gift Cards
Walmart gift cards are prepaid cards that can be used to purchase goods and services at Walmart stores or online at Walmart.com. These gift cards come in two forms: physical cards and e-gift cards. Physical gift cards can be purchased at Walmart stores or online, while e-gift cards are delivered via email. Gift cards can be loaded with any amount between $10 and $2,500.
Can You Get Cash Back from Walmart Gift Card?
The short answer is yes, you can get cash back from a Walmart gift card, but there are some limitations. Walmart gift cards cannot be redeemed for cash except in states where required by law. These states include California, Colorado, Maine, Massachusetts, Montana, New Jersey, Oregon, Rhode Island, Vermont, and Washington.
If you live in one of these states, you can get cash back for the remaining balance on your gift card at a Walmart store or Sam’s Club. You can also get cash back for a Walmart gift card by selling it to a gift card exchange website such as Cardpool or Raise.
Benefits of Walmart Gift Cards
Walmart gift cards are a convenient and versatile gift-giving option. They can be used to purchase anything sold at Walmart, including groceries, clothing, electronics, and home goods. They are also a great way to budget your spending, as you can load them with a specific amount of money and use them until the balance is depleted.
Additionally, Walmart gift cards never expire, so you can use them at any time. They are also reloadable, so you can add more money to them as needed.
Using Walmart Gift Cards Online
If you have an e-gift card, you can use it to make purchases online at Walmart.com. Simply enter the gift card number and PIN at checkout to apply the balance to your purchase. If you have a physical gift card, you can also use it to make purchases online by entering the card number and PIN at checkout.
Walmart Gift Card Vs. Walmart Credit Card
While Walmart gift cards and Walmart credit cards may seem similar, there are some key differences. Walmart gift cards are prepaid cards that can be used to make purchases at Walmart stores or online at Walmart.com. They do not require a credit check and do not accrue interest or fees.
Walmart credit cards, on the other hand, are credit cards that can only be used at Walmart stores and Walmart.com. They do require a credit check and can accrue interest and fees if not paid off in full each month.
Conclusion
In summary, while Walmart gift cards cannot be redeemed for cash in most states, there are some exceptions. If you live in a state where cash back is required by law, you can get cash back for the remaining balance on your gift card at a Walmart store or Sam’s Club. Otherwise, you can sell your gift card to a gift card exchange website. Walmart gift cards are a convenient and versatile gift-giving option that can be used to purchase anything sold at Walmart.
Frequently Asked Questions
Can you get cash back from Walmart gift card?
Yes, it is possible to get cash back from a Walmart gift card. However, there are certain limitations and conditions that you need to keep in mind. Firstly, you can only get cash back for the remaining balance on your gift card. Secondly, you cannot get cash back for more than $25 at a time. This is because Walmart has certain restrictions in place to prevent fraud and misuse of gift cards.
Additionally, not all Walmart stores offer cash back for gift cards. It is best to check with your local store before visiting. You may also want to bring a valid photo ID with you, as some stores may require it for verification purposes. Overall, while it is possible to get cash back from a Walmart gift card, it is important to be aware of the limitations and conditions to avoid any confusion or disappointment.
How do you get cash back from Walmart gift card?
To get cash back from a Walmart gift card, you can visit any Walmart store and go to the customer service desk. Inform the representative that you would like to get cash back for your gift card. They will then check the remaining balance on your gift card and issue you cash for that amount. However, as mentioned earlier, cash back is only available for the remaining balance on the gift card and up to a maximum of $25 at a time. You may also need to provide a valid photo ID for verification purposes.
If you do not have a Walmart store nearby, you can also call the customer service number on the back of your gift card to request cash back. However, this may take longer and may involve additional verification steps. It is best to visit a Walmart store in person for faster and more convenient service.
Can you get cash back from a Walmart Visa gift card?
Yes, you can get cash back from a Walmart Visa gift card. However, the process is slightly different from getting cash back from a regular Walmart gift card. With a Walmart Visa gift card, you can use it like a regular debit card and withdraw cash from an ATM or get cash back at a store. The maximum amount of cash back you can get per day is $400.
To get cash back from a Walmart Visa gift card, simply insert the card into an ATM and follow the prompts to withdraw cash. Alternatively, you can make a purchase at a store and select the cash back option at checkout. The cash will be deducted from your gift card balance. It is important to note that some ATMs and stores may charge a fee for cash back transactions, so be sure to check before making a withdrawal.
Can you transfer money from a Walmart gift card to a bank account?
No, you cannot transfer money from a Walmart gift card to a bank account. Walmart gift cards are designed to be used for purchases at Walmart stores or online. They cannot be used as a form of payment for bills or transferred to a bank account. If you need to make a payment or transfer money, you will need to use a different payment method, such as a credit or debit card or a bank transfer.
However, if you have a Walmart Visa gift card, you can link it to your bank account and transfer funds between the two. This can be done through the card issuer’s website or by calling their customer service number. Keep in mind that there may be fees and restrictions associated with this process, so be sure to read the terms and conditions carefully.
Can you use a Walmart gift card to buy other gift cards?
Yes, you can use a Walmart gift card to buy other gift cards at Walmart stores or online. However, there are certain limitations and conditions that you need to be aware of. Firstly, you cannot buy a Walmart gift card with another Walmart gift card. Secondly, some gift cards may not be available for purchase with a Walmart gift card, such as Visa or Mastercard gift cards.
To buy a gift card with a Walmart gift card, simply visit a Walmart store or go to their website and select the gift card you want to purchase. At checkout, select “gift card” as your payment method and enter the gift card number and PIN. The amount of the gift card will be deducted from your Walmart gift card balance. If there is not enough balance on your Walmart gift card to cover the full cost of the gift card, you will need to use another payment method for the remaining balance.
How can I get cash from a Walmart gift card?
In conclusion, Walmart gift cards are a convenient and versatile way to shop at Walmart. However, many people might wonder if they can get cash back from Walmart gift cards. While it is not possible to get cash back from Walmart gift cards directly, there are a few options to consider.
Firstly, you can use your gift card to purchase items at Walmart and then return them for cash. However, this can only be done if the item was purchased with a gift card and not a credit or debit card.
Secondly, you can try selling your gift card to a third-party website or store that buys gift cards. Be sure to check the terms and conditions and the fees associated with selling your gift card.
Lastly, if you have a small balance left on your gift card, you can use it to purchase an item and then pay the remaining balance with cash or a card. This is a great option if you want to use up the balance on your gift card and avoid losing any money.
In conclusion, while you cannot get cash back directly from a Walmart gift card, there are several options available to make the most of your gift card. So next time you receive a Walmart gift card, don’t worry, you won’t be stuck with it forever!
