Can Money Be Refunded To A Gift Card? [Answered]

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Can Money Be Refunded To A Gift Card? [Answered]

Physical gift cards are typically more popular than e-gift cards. According to Giftbit, 80% of consumers prefer physical gift cards over e-gift cards.

The National Retail Federation estimates that Americans will spend $27.5 billion on gift cards this year. This is down from $30 billion last year, mostly because people are buying less for themselves and buying more for their kids.

Can Money Be Refunded To A Gift Card? [Answered]
Can Money Be Refunded To A Gift Card? [Answered]

It’s common that people buy a gift card for someone as a present and not use the whole balance. Since these cards tend to have fairly small balances, it’s likely that the person who received the card will just end up keeping the card and not using any of the funds on the gift card.

If you want to know if money can be refunded to a gift card and would like to know how to get refunded for the balance of your gift card, There is more information about this question in this article.

Can You Return Gift Card For Cash? [watch video]

The answer is yes, money can be refunded to your Visa gift card. You can get a refund on a gift card, but only under certain circumstances. The gift card must be activated and not expired and the refund policy would only be valid from the day of purchase to at most 30 days.

The store where you purchased the card may have specific rules about refunds and exchanges that are different from other stores.

To get a refund on your gift card, return the merchandise to the store where you bought it (or to another store in the same chain). If there is no merchandise, simply take the gift card to a cashier at the store where it was bought and ask for a cash refund.

From time to time, we all have purchases that we regret. Maybe it’s an impulse buy that you just couldn’t resist or a gift that was harder to give than you thought it would be. It can be really difficult to find the balance between doing what is right in business and doing what is best for your customers — it’s why so many retailers will have complicated refund policies.

The good news is that most companies will refund money to a Visa gift card. The bad news is, you might have to ask for your refund as a check or a bank deposit instead.

In general, the same rules apply to gift cards as they do to cash and checks. If you return merchandise in person, the store will often refund you with a gift card if that’s how you paid (this is called “merchandise credit”). But if you’re returning by mail — or if the store policy is just to give cash refunds — then you’ll get cash or a check back.

But there are some exceptions. Some stores specifically reserve the right to give cash refunds only if the purchase was made with cash; everything else has to be refunded by-merchandise credit. And many stores have specific policies on what happens when one type of payment is used partially, and another type of payment is used for the rest of the purchase.

For example, suppose you bought an item worth $100 using a $50 gift card and $50 in cash. Then you return it for a full refund. The general rule would be that you should get back exactly what you paid: $50 in cash and $50 on another gift card. But some stores reserve the right to give you a refund or not.

How to Request a Gift Card Refund

Many companies have policies that allow you to return a gift card and receive a refund, but it depends on the retailer and the circumstances. For example, Target allows you to return gift cards if they were purchased in the store and you have the original receipt.


However, if you bought the gift card online or over the phone, you can only get your money back by returning an item with the gift card and using it as payment.

If you can’t return an unwanted gift card for cash, you might be able to exchange it for another one of equal value through a website like Gift Card Granny, which lists merchants that provide gift card exchange services.

But just because a retailer accepts returns doesn’t mean it will give cash refunds for returned gift cards. Before requesting a refund for a gift card, check the store’s policy or call its customer

Many stores will refund purchases made with a gift card, but only to the gift card. You can’t get cash back for any leftover amount on a gift card that’s just how they work. Follow these steps to request a gift card refund from almost any store.

  • Step 1: Contact the retailer support (online or offline)
  • Step 2: Call the store on the phone
  • Step 3: Ask them to refund your gift card if not spent
  • Step 4: Return the merchandise if any already
  • Step 5: Request for a cash refund if they or bank check
  • Step 6: Ensure it is refunded instantly

While many stores will allow you to redeem store credit for cash, it’s not possible to redeem the balance on most gift cards for cash. If you want to convert gift cards into cash, it’s easier to sell them online or use them yourself.

In most cases, gift cards can be redeemed for money when the card balance gets down to a certain level or below. However, it’s not entirely clear what happens if a retailer goes out of business and you’re left with a worthless gift card.

Can Money Be Refunded To A Visa Gift Card

Yes, money can be refunded to a Visa gift card. There are a couple of ways to do this, depending on how you initially paid for the goods or services. If you paid with a credit card, then the money will go back onto your Visa credit card account when the refund is initiated.


If you paid with a debit card, cash or check, then the money will go back onto your debit card, or as cash, or by another form of payment.

Gift Card Refunds Info, based on how you paid:

Paid With Credit Card: The money will go back onto your credit card account. This process can take 2-5 business days if done electronically and up to 10 days if done by paper check. There is no fee for moving the money to your credit card account.

Paid With Debit Card: The money will go back onto your debit card account. The process can take 2-3 business days if done electronically and up to 10 days if done by paper check. There is no fee for moving the money to your debit card account.

Unlike a credit card, a gift card does not allow for ongoing spending beyond the initial amount loaded onto the card. You don’t need to go through any kind of credit check when you apply for a prepaid debit card, and you do not need to worry about interest rates or late fees (although some issuers charge an activation fee).

Can Money Be Refunded To A Vanilla Gift Card

Yes, money can be refunded on your Vanilla gift card anytime you make a request. Since Vanilla functions like with Visa and Mastercard, anytime you refund the purchases that you paid with a Vanilla gift card, the money can also be refunded to the card by your merchant. This process can take up to 24 hours to 5 business days max.

Vanilla Gift Cards are prepaid cards that can be used to make purchases anywhere Visa, Mastercard, or American Express Cards are accepted. Because the card is prepaid, you cannot overdraw the account. You must have a balance equal to or greater than the purchase amount in order to make a purchase.

How Long It Takes To Get A MasterCard Gift Card Refund

Yes, you will be able to refund a Mastercard gift card in-store as long as it has not been used. You can return an unused gift card at any time for a full refund. Refunds may take up to 30 days depending on the store’s policy.

However, if the gift card is partially or fully used and you wish to receive a refund for your purchase, you must return the item in person to the store where it was purchased.

You need to contact the merchant where you made the purchase and request a refund. If you made the purchase with a receipt, it should be easy to get your money back.

Some merchants may have additional requirements that are necessary before they process your refund. The first step is to contact them and ask what they require. You will receive your money as cash or a credit on your Mastercard Gift Card.

It can take up to 30 days for your refund to appear on your Mastercard gift card, depending on the merchant and the return policy.

How To Get A American Express Gift Card Refund

American Express gift cards can be used at certain places and it can be returned, but with certain conditions. The refund time depends on the place you have shopped. Refunds can take up to 30 days to get back to your card. If the merchant has not processed the refund within 30 days, then you can file a dispute with American Express. They will investigate and refund your money if they find that you are right.

You can also return your gift card and ask for your money back. But there is a fee of $5 for returning a gift card at the American Express office or by mail.

Can Money be refunded to a Greendot Card

The best answer is yes. Money can be refunded to your Green Dot card whenever you feel like you need a refund. When you make a purchase with your Green Dot card and need a refund, the merchant should be able to send the amount back directly to your Green Dot card. If the merchant cannot refund the amount, you can ask for a paper check or money order. You can then deposit or cash that check or money order at any Green Dot location or a participating retailer.

If you have received a refund in the form of a paper check, you can take it to any Green Dot location or participating retailer to deposit the money into your account.

Can You Get a Refund On a Visa Gift Card Online?

The truth is you can get a full or partial refund on a Visa Gift Card online if you used it to make a purchase on any e-commerce website. It only depends on the store where you’ve used the card to make a purchase and if the store currently has a refund policy. Not all stores support refund policies and when that happens, Visa won’t force the refund to your favor hence why it’s always advisable to be acquainted with the store you are making a purchase for clarity.

Some merchants have different refund policies and you should check them out before using your gift card for shopping.


The most popular gift cards in the country may surprise you.

According to Blackhawk Network’s latest research, Gift Card is the most recognized and requested gift card during the holidays. In fact, Amazon is so popular, it has been the top requested brand for six years in a row now.

What’s more, Blackhawk says not only is Amazon the top requested gift card, it’s also the number one choice for gift givers during this time of year. Evidently, consumers love their cards from The Everything Store.

In second place is a brand with a much wider assortment that isn’t limited to any particular niche. Walmart was the second most requested brand this holiday season. The American multinational retail corporation also happens to be a very popular shopping destination for consumers looking to save money on everyday items.

Last but not least, Target rounds out the list of top three most requested brands this holiday season. The American retailing company operates large discount stores and has been ranked by Forbes as one of America’s largest private companies.


There’s no doubt that it can really suck to have money “stuck” on a gift card. But while there are some retailers who will offer to refund the full face value of a card and many others that will honor the funds at least partially, you should be aware that this is often entirely up to the retailer’s discretion. 

Sorry, but there aren’t any guarantees or requirements in order to ensure your ability to do this. You’ll simply need to approach each situation as it comes; some retailers may be flexible, while others may not wish to stand behind the gift card at all.

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