How to avoid service fee on visa gift cards

surbhidvij
New Community Member

I have a Visa gift card and I wanted to do a loan payment through it after depositing it in my bank account. When I try to transfer the gift card amount to my bank account, it tells me that 2.90% charge will be applied and I will loose a lot of money because of that.

Is there any good way to avoid this service fee and transfer a gift card amount to your bank account?

Login to Me Too
1 REPLY 1

DPCreations
Frequent Advisor
Frequent Advisor

No.

Gift cards are for puchases not cash withdrawals.

Login to Me Too

Haven't Found your Answer?

It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.