How To Send Money From A Prepaid Card

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Having a prepaid card is a handy way to invite out products and services whether in-store or online. Instead of carrying cash roughly, you good load your money on your prepaid debit entry card, making it safer and more than practical.

You can also get your paycheck and government benefits on your prepaid card. The United States government has even usedprepaid cards to send coronavirus stimulus payments to citizens with no on tap banking info in 2022.

With so many of America victimization prepaid card game, one commonly asked interrogate ishow to transfer money from a prepaid card to a nest egg or checking account?

The first interfere the process is to check if your card even allows you to transfer funds to your bank account originally.

Can You Carry-over Money From A Paid Card To A Bank Score?

Yes. You can transfer money from a paid card to a bank account in almost totally cases. But how you eff depends along what typecast of prepaid card you have.

There are two types of prepaid card game:

Which I Do You Have?

Regular Prepaid Card

This is a card that can beryllium used anywhere that quotation/debit entry cards are accepted. If you suffer used your prepaid card at different places with no trouble, past you have a usual prepaid card.

How to get money off your card?

We've found that the best way to do this is by victimisation a remittal company likeMoneyGram.

If you don't want to earnings whatsoever fees, you can try thisgeneric method. Nonetheless, it's more than tedious and is not guaranteed to wreak.

Prepaid Giving Identity card

This character of card limits you to purchasing products and services from participating merchants e.g. Home Depot.

How to get money off your card?

We've base that the only way to get money off a giving card is to sell information technology on special websites likeCardCash.

How To Transfer Money From Your Prepaid Card To Your Rely Account Victimisation MoneyGram

We struggled to find a uncomplicated, sure-flaming way of life to move funds off our prepaid cards for a long time. 1 day, a helpful reader shared this clever hack that works with nigh every prepaid card.

Using a remittance service likeMoneyGram, you sack transfer money to your swear account quickly, cheaply and safely.

Here Are Or s Reasons Wherefore We Be intimate This Method:

✅ Safe: MoneyGram has been around since 1940, and is the endorse largest money transfer companionship in the world.

✅ Secured: Receive your money in minutes if you choose the Debit entry Card Deposit option.

✅ Bargain-priced:Fees are atomic number 3 low as $1.99. Check our section on how their fees are calculated.

✅ Reliable: Dozens of our readers have successfully old this method, and it appears to make for virtually some postpaid card.

Here are the steps to transfer money from your prepaid card to your depository financial institution chronicle using MoneyGram:

Step 1: Contract For An Account At MoneyGram.Com

Go to theMoneyGram internet site and click "Contract" to create an account using your email address. You may have to provide some photo ID to verify that you'atomic number 75 a legitimate person.

Whole tone 2: Voyage To The 'Send Money' Varlet And Fulfil Out Payment Info

Once you're signed up, click happening the "Send Money" option in the card. You should see a varlet like in the screenshot above.

On this page:

Enter the amount that you wishing to send away
Select Debit/Credit Card
Select the 'Report Deposit' option (or the 'Debit Poster Bank' option if you don't see the 'Account Deposit' pick. This will require that you have a debit card linked to the bank account you're sending money to.

Step 3: Perfect Your Money box Details

After clickingnext, you'll be taken to a Sri Frederick Handley Page like in the screenshot to a higher place. Enter upon your Telephone receiver's details. This will be information comparable your name, address and story/debit entry batting order info.

Click 'Next'. According to the MoneyGram website, many account deposits are completed within minutes, subject to banking hours and systems availability.

How Much Does It Cost?

You'll pay a fee based on the number you are sending. For amounts less than $200, MoneyGram charges you a base fee of $1.99. For amounts above $200, it charges $1.99 + 1% of the transferred number.

For example, if you're leaving to send $500, the bung will be $1.99 + $5, for a total of $6.99.

You can estimate the fee before you send the money by using thebung calculator on the MoneyGram homepage.

How To Redeem Happening The Transfer Fee?

If you are going to use this service on a regular basis, you tin save on fees by enrolling in theMoneyGram Plus Rewards.

With this program, you will save 20% connected fees onyour endorse change and 40% Polish off on fees every twenty percent transfer.

If you're transferring a large measure, then taking advantage of the MoneyGram Addition Rewards program will keep open you lots of money!

Is There A Confine When Transferring Money Victimisation MoneyGram?

The limit for sending money online is $10,000 per dealing and up to $10,000 every 30 calendar days.

If you need to send more funds, you'll have to sleep with in person at one of the MoneyGram agent locations, however, according to the MoneyGram FAQ, most broker locations alone accept cash in on.

How Long Does It Take To Transfer Money With MoneyGram?

Completely of MoneyGram's transactions pass within the same daylight, including prepaid card transfers to your camber account.

Ready to get your money off your postpaid bill of fare? Chew the fat the MoneyGram Website to gravel started.

How To Transfer Endow Card Balances To Your Bank Account Using CardCash

Yes, you keister transfer money from well-nig paid give card game to your bank account victimization a armed service known as CardCash.

Unlike about paid card game, gift card game are disposable and can only be used until the balance reaches nix while most prepaid cards are reloadable and can be used indefinitely.

Thankfully, we've found one proven method for transferring money from your gift carte du jour to your bank history.

You derriere practice mobile payment services like CardCash (by PayPal) to transfer your money from your natural endowment card Oregon postpaid to your bank account.

The catch? It's more expensive than vindicatory using the gift plug-in or paid card to buy items. So make sure that it's truly the cash value that you require from the gift card.

To channel gift cards to your bank account using theCardCash Option:

Attend this page happening theCardCash website
Introduce the gift card you have Ex: Walmart
Infix the amount on the gift card Passee: $100
Click"Experience OFFER" and an offering for how more than they bequeath pay you will seem Ex: $88.00
If you accept the quantity, detent"Get $88.00 Cash in on"
There will embody a pop-up book windowpane asking how you bequeath suchlike to get compensated and choosePayPal Express mail
Enter your gift card routine and Immobilise and continue to connect with your PayPal write u
Log in to your PayPal account and fill the required Fields
Click "Get my PayPal Balance"
One time the counterweight reaches your PayPal Wallet, you rear end now remove the money to your banking company account aside following these steps onHow to transfer from PayPal to my coin bank account?

How To Transfer Money From Prepaid Card To Bank Account (Step Aside Step)

The physical process is slightly different depending on each prepaid card but here's a step by stair guide that should go for to most cards:

Step One: Find Exterior If Your Prepaid Card Can Be Misused Anyplace, Or Is Limited To Participating Merchants Only

Sojourn your prepaid card company's website and look at the card's features. Can it beryllium used anywhere that regular debit entry cards are accepted?

For case, predestined card game have the following features:

The Card can be used to purchase merchandise and services anywhere Visa debit entry cards are accepted in the Unpartitioned States.

However, other cards are only noncomprehensive to participating merchants:

Your Posting can be used to purchase merchandise and services at any grocery store, specialty foods store, nutrient hand truck Beaver State online food for thought retail merchant in the US where Visa debit cards are accepted.

If your carte force out glucinium used anywhere in the US (the first type of identity card), then you can motility on to step deuce. Other than, read our part ontransferring gift card balances to your bank account.

Step Two: Visit Your Postpaid Card's Internet site To See If They Offering Transfers To A Bank Account

Just about postpaid card companies help you practise transfers to your bank account direct their website operating room app. So your first stop should be the website of your prepaid card provider.

Check Your Card Company's FAQ Page

Here, they'll usually have a FAQ (Oft Asked Questions) Sri Frederick Handley Page. If your card company allows transfers, they'll state it very clearly.

For example, the Money box of America CashPay card says the following on their FAQ page:

" …you may do an Online Monetary resource Transfer via the CashPay Client Service website at www.bankofamerica.com/cashpay (fee will enforce) to transfer funds from your CashPay account to a traditional checking or savings account owned by you in the United States."

Not in the FAQ? Stay Your Card Society's Features Page

If you don't find IT on your card provider's FAQ page, check the features and benefits foliate of your prepaid card.

On the Netspend website, this entropy appears on the 'Card Benefits' Sri Frederick Handley Page:

"Have a bank account in increase to your Netspend Scorecard Account? Link your financial accounts from participating bank accounts and you can transfer money between them and your Netspend Card Accounting."

If your postpaid card company offers transfers to your rely describe, then proceed to the next step. If information technology's non clearly explicit, past your outflank stakes would be to try theMoneyGram method acting that we list below.

Step Three:Register Or Logarithm-In To Your Prepaid Card Business relationship

After determination out whether your prepaid card provider allows such a transaction, you can sign-sprouted for an account or log in if you already have an account.

If you need to do registration, then you will need your paid card with you. After signing-aweigh, you can use the log-in details for future transactions.

Step Four: Link Your Rely Account To The Postpaid Card By Providing The Routing Amoun And Account Issue Of Your Bank Account

To execute the transfer of training, most prepaid card providers will ask you to link your bank account aside entering your cant account'srouting number and account number.

Your routing number is a 9 dactyl issue that tells you where your deposit account was opened. One place to search for it is at the bottom of your checkbook.

It's also celebrated As your ABA or RTN numerate.

Create sure you have this ready. If you preceptor't have got the routing number of your swear account, check with your bank's website.

Most banks have a page where wholly their routing numbers are recorded. Have got a spirit atU.S. Depository financial institution's website for example.

Step Five: Follow Extra Instructions From The Prepaid Card Company And Perform The Transfer Online To Your Bank Business relationship

All prepaid card provider will have a slightly different set of book of instructions so make sure to follow the instructions cautiously.

At whatsoever point, if you'Re timid of what to do, your prepaid card provider should have a customer service hotline that you backside send for for help.

Here is an example of the elaborated instructions provided by the Key2Benefits Prepaid Card website.

How Long Will It Take For The Money To Be Transferred To My Bank Calculate?

How long the transaction takes depends on your bank. Some transfers can be completed within few hours or on the same business day.

For most banks though, information technology usually takes a hardly a business years before you see the money in your account.

For example, if you have a Bank of America prepaid card and you are doing a transference to your bank account for the first time, this could take up to7lin days .

This is because you must create a spick-and-span "transfer-to" account online, which can take capable 5 business days to authenticate.

After that, it can take another 2 business days to receive the money in your news report.

If you use theMoneyGram method acting though, the money will get in in your invoice inside the same day. Even new accounts take to a lesser extent than a day to beryllium verified.

Popular Prepaid Cards That Let Transfers To Savings bank Accounts (With Instructions)

We get many a queries about transferring funds from prepaid cards to bank accounts. So we're able to determine which card game most the great unwashe involve aid with.

Here is a lean of common prepaid card game in the U.S. and their exact book of instructions on how to transfer from the prepaid carte du jour to your bank story.

Bank of U.S.A CashPay Posting

If you have a Bank of America CashPay Identity card, whether it is a Visa OR Mastercard, you commode transfer funds to your bank account. If you wealthy person an originally-issued CashPay card, information technology is possible to perform an online funds transfer to a traditional USA nest egg Oregon checking account statement that you own.

You feature to salary corresponding fees and a minimum of $20 may cost transferred.

Attend the CashPay Customer Service sitewww.bankofamerica.com/cashpay.
Register a "transfer-to" account before performing your first transfer. You can only induce up to two (2) "transfer-to" accounts in your profile.
Subsequently enrollment, you can sign away in and select the "Transfer funds" link within your online Business relationship Summary page.
It takes 5 business days for your young "transferral-to" account to make up authenticated before the transfer will be made.

Deposit of U.S. EDD Plug-in

If you have the Bank building of America EdD Prepaid Debit Cardor the EDD Prepaid Digital Card, you can transfer money to your checking or savings explanation. You can as wel select to perform a one-time transfer or a recurring direct deposit transfer to your depository financial institution account.

The EDD Appendage Add-in is actually designed for people WHO prefer to at once transference the funds to their personal bank account.

Endure to the Bank of America EDD Debit Card internet site http://WWW.bankofamerica.com/eddcard
Follow the statement to set-up a one-time transfer Beaver State a recurring transfer for EDD Integer Card game
If you enroll in a revenant transfer, the funds will automatically transfer to your bank account within 1-2 business days after the EDD deposits the funds to your Digital Card.
Instead, you fundament also call Customer Serving 1.866.692.9374.

Key2Benefits Prepaid Card

If you have a Key2Benefits Prepaid Card, you can transfer some or all of your balance wheel to your personal savings or checking answer for. You ask to have the Routing Number and Invoice Number of the bank account you wish to transfer into for you to complete the dealing.

Log on to Key2Benefits.com
Click on "Card to Answer for Transfer" in the left-hand over menu.
The Card to Invoice Transfer screen will appear.
Type in the come you wish to transfer.
Type in your Routing Turn.
Type in your Account Number.
Choose the Account Type.
Enter the security code you see connected your CRT screen to verify this is a sound petition.
Dawn "Continue"
Verify your data.
Click "Defer".

Netspend Prepaid Card (Visa, MasterCard, Skylight ONE)

A Netspend Prepaid Card will allow you tomove money to your savings bank bill, as well as to other Netspend cardholders. To transfer funds to your bank write u:

Go to the NetspendOnline Account Center
Communicative-high for an account and stick with instructions to link your bank account.
Fees for bank transfers will be determined past the bank.

Notice that this service may not be available for some banks. You have to check with the bank if this is available if you go into any issues.

Another Visa Postpaid Cards

If you accept a Visa Prepaid Card, the process along how to transfer money to your bank account will depend connected the type of card you have.

To transfer a visa prepaid to a deposit account, you have to check with your prepaid card provider if this armed service is available.

Live on to this link to feel your prepaid card and visit the corresponding website: https://United States Army.visa.com/pay-with-visa/retrieve-plug-in/get-prepaid-card

At the time of writing, other Visa prepaid card game like smiONE, MyVanilla, US Money, and Green Dot do not provide clear information happening their website whether this is manageable. Therefore, you should use the MoneyGram method to carry-over your money.

The Bottomline

The ability to transfer money from your prepaid card to your trust account bequeath depend on the type of add-in you have. The best way to check whether your card has this feature is to condition the client avail section of your prepaid bill or gift card provider.

If transferring money to your bank account from your prepaid card is not disposable, you can try the options listed above such A victimisation a money transfer of training service or mobile defrayal apps to displace your money.

Did any of these methods work for you? What worked, and what didn't? Let United States of America know in the comments below!