Can I withdraw cash (ATM) or send cash (i.e. Venmo) with my VISA or Mastercard Gift Card?

Cash Access and Payment Restrictions for Prepaid Visa and Mastercard Gift Cards

Prepaid Visa and Mastercard gift cards come with certain restrictions regarding cash access and money transfers. Here’s what you need to know:

Cash Access Restrictions

1. No ATM Access:
   • These gift cards cannot be used for cash withdrawals at ATMs.
2. In-Store Cash Back:
   • Requesting cash back during in-store purchases is not permitted when using your prepaid gift card.

Payment Through Financial and Money Transfer Services

• Accepted by Venmo, CashApp, and PayPal:
  • While direct cash access is restricted, services like Venmo, CashApp, and PayPal usually accept these cards as a valid form of payment.
• No Bank Transfers:
  • Funds from your gift card cannot be transferred or deposited into a bank account. These cards are meant exclusively for making purchases.

By understanding these limitations, you can ensure your prepaid Visa or Mastercard is used appropriately for purchases and online payments without attempting prohibited transactions like cash access.