Can you deposit a Mastercard gift card at the bank?
by Author on Tuesday, August 10th, 2010 | 4 Comments
I received a 0 Mastercard gift card for my birthday. However, I need cash. I've read at some websites that you can open a bank account at a place like Bank of America, for example, and use the Mastercard gift card as the opening deposit.
Can anyone verify that?
Is there any way I can use the value of the card as a deposit?
I'm with Wamu right now, so if you know if Wamu would do it, that would be great.
Related Credit Card Sites
- Bank Of America Credit Cards – Worth Applying For?
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- About the Prepaid MasterCard | myairmagazine.com
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check your local stores and ask if they do cash back at the registers.
i know target if you charge on a credit card you can do like up to $20 or 40 cash back so call your local chain stores and ask their policies. You can buy a pack of gum and do it then. (i never did it but the woman in front of me one time did it like 5 times and pissed me and the cashier off bc she had to do multiple transactions with packs of gum and bottles of water etc.)
I’ve never heard that before. But the best place to get the answer is to go to the bank itself and ask.
No. You cant transfer gift cards for cash. They would lose money if they allowed that.
Check with your bank. I know that each bank have different rules. Call the customer service number on the back of the card and ask if it can be used in an atm. If it can then you could obtain the cash that way.