Whether or not you have a prepaid debit card which you currently use at the moment, it will be exactly suited for you as a financial services user to know how to get cash from a prepaid visa debit card. A prepaid debit card is similar to a gift card, except that you can’t always reload a gift card.
You necessarily do not have to compare a prepaid card to a gift card as they typically have different functions for varying circumstances. Meanwhile, the focus of this content will be about the ways through which you could get cash from a prepaid visa debit card.
If you do not have one, a prepaid debit card is not really difficult to get or sign up for. You just have to follow some necessary procedures to get it done.
A prepaid debit card is quite different from your normal debit card issued by your bank. You don’t necessarily have to link your bank account with a prepaid card aside from the fact that you only need to load a certain amount of money in order to be eligible to use the debit card.
There are numerous slight differences that can actually be spotted. In simple words, a prepaid card is typically an alternative to your local bank accounts.
How Do I Get And Use A Prepaid Visa Debit Card?
As I made mention concerning a particular statement above, it’s quite easy to get a prepaid debit card if you don’t already have one or probably it got misplaced. There are several kinds of prepaid cards which you can decide to select from depending on your choice and interest.
Although these prepaid cards come with some certain features, there are differences which include fees and limitations. You can purchase a prepaid debit card at grocery stores or any mini marts in your location. Other ways to get a prepaid card is to simply sign up from a debit card issuer online, retailers and some debit card companies.
Certainly, you might be requested to pay money so as to get and activate your prepaid card. The procedures that could also require a fee charge is cash deposits, before even thinking of getting money from a prepaid visa card.
Note that prepaid debit cards come with different payment networks, such as Mastercard, Discover, American Express and Visa. Specifically, how to get money from a prepaid visa debit card will be discussed in the following section.
Where Can I Get Cash From Using A Prepaid Card?
Regardless of the kind of prepaid card you are using, you can definitely get cash from your visa prepaid card via numerous ways ranging from over-the-counter withdrawals to using at an ATM, financial service companies and so many more.
However, I will be highlighting a brief description on how to get cash from your visa prepaid debit card through these methods and some other related ways which would be helpful.
These are various locations that allow prepaid debit card users to get access to reloading their respective cards and making withdrawals from the same debit card.
There are also several grocery stores that offer this service, such as Walmart. In a few words, a reload fee might apply depending on the reload location.
In order to make it easy for you to locate a reload location nearest to you, proceed to your prepaid card issuer website and find the information you need.
Via a Bank Teller
Teller cash withdrawal is only offered by financial institutions that mostly issue prepaid debit cards or otherwise those that allow users to get cash via their prepaid debit cards.
It is such a convenient way to withdraw money from your prepaid card via a bank teller so long you can provide the necessary information needed to authorize the transaction.
A driver’s license is one of the important credentials that will be requested when most over-the-counter withdrawals are initiated. This also doesn’t exclude the fees that are attached to using prepaid debit cards, but hopefully they’re not unaffordable fees.
Use at an ATM
One the fastest and easiest way of getting the cash you loaded on your prepaid visa debit card is by making use of an ATM. Although ATMs can be very useful for depositing checks as it’s vital for making withdrawals also.
Note that before you are able to get cash from your prepaid card via a compatible ATM, you should have been assigned a four digits pin code. This is a unique code that is mostly assigned to your visa card by most prepaid card issuers.
It is similar to the 4 digit pin you assigned to your normal debit, which is used occasionally whenever you want to withdraw cash from an ATM. An important information you should take note of is that; you should not attempt to input an invalid or incorrect PIN while cashing out.
In case you forget your four digits code, you can contact the issuer of the prepaid visa debit card as you will be guided on how to get a new one.
How To Transfer Funds From Your Prepaid Card To Your Bank Account
Making an online transfer of money from your prepaid visa debit card to a bank account can simply be regarded as another method of getting cash from your prepaid card.
In the sense that you will be able to withdraw the money on your prepaid card after you must have successfully transferred cash to your bank account.
Now follow these guidelines in order to be able to transfer the preloaded cash on your debit card to your bank account subsequently.
Step 1: Visit The Card’s App Or Website
Most prepaid card issuers allow you to log in online via a mobile application or website in order to transfer money from your prepaid visa debit card to your bank account.
Step 2: Link Your Bank Account
In most cases, you might be required to link your bank account with your prepaid card in order to use or make some transactions with it. This procedure will request you to provide some information such as your bank’s routing number.
In other words, Third parties can help initiate the transfer if your prepaid card issuer does not allow money transfers. The third parties I’m referring to in this situation include Moneygram, Venmo and PayPal.
Otherwise you can use some other prepaid cards that permits you to easily transfer money to your bank account.
What Amount Can I Withdraw From My Prepaid Card?
The amount you can withdraw might be limited and this depends on the issuer of the card. You can definitely preload and withdraw up to about $15,000 from your prepaid visa debit card without having issues.
Prepaid debit cards can be purchased and issued by different financial services companies. In this case the monthly fees, card limits and preload options depend on the prepaid card issuer.
Apart from these, they all have similar ways regarding how to get cash from a prepaid visa debit card which can be summarized as follows. Using an ATM, via a bank teller or reload locations.