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Author Topic: Where could I buy a VISA gift card with Bitcoin?  (Read 179 times)
Abiky (OP)
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February 21, 2020, 07:31:38 PM
 #1

Do you happen to know of any online service/marketplace which accepts Bitcoin in exchange for a VISA gift card (not eGift card)? So far, I've toppled with eGifter which only provides VISA eGift cards for US customers. On the other hand, Bitrefill doesn't seem to provide any option to do this. If it were possible to sell Bitcoin for a VISA physical gift card, it would've been a blast. This would prove to be much more convenient for me instead of cashing BTC for Fiat directly to the bank.

Do you know of any service that would allow US customers to buy a physical VISA gift card with Bitcoin? Any recommendations or suggestions will be highly appreciated. Thanks in advance. Smiley

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LeGaulois
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February 21, 2020, 08:49:17 PM
Last edit: February 21, 2020, 09:43:39 PM by LeGaulois
 #2

None that I know about but there is a way around to do it I think

Since you can buy VISA physical gift cards on Amazon (and Walmart too if I'm correct?), you can buy a gift card for Amazon or Walmart (on Coinsbee, Bitrefil, etc...) and use it to order a physical GC.
Coinsbee>Amazon voucher>Visa at home

It may be time-consuming and you will finally pay an extra 10-15% fees at the end, (and the VISA physical GC can't be used with ATMs) but since some people are ok to pay 10-15%...

Or if you may use Purse.io to buy a gift card with a discount... it could lower the final fee to 5%

edit

Did you already check this one below.

- https://www.coinsbee.com/en/visa-mastercard-bitcoin

It seems legit and they have announcement thread here on our forum so I think they are safe.

You can find their thread from here https://bitcointalk.org/index.php?topic=5182163.0

@OP is talking about physical gift cards, not VCCs. He says "(not eGift card)"

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BitMaxz
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February 21, 2020, 09:33:25 PM
 #3

Did you already check this one below.

- https://www.coinsbee.com/en/visa-mastercard-bitcoin

It seems legit and they have announcement thread here on our forum so I think they are safe.

You can find their thread from here https://bitcointalk.org/index.php?topic=5182163.0

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squatter
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February 21, 2020, 10:08:17 PM
 #4

None that I know about but there is a way around to do it I think

Since you can buy VISA physical gift cards on Amazon (and Walmart too if I'm correct?), you can buy a gift card for Amazon or Walmart (on Coinsbee, Bitrefil, etc...) and use it to order a physical GC.
Coinsbee>Amazon voucher>Visa at home

You can't do this with Amazon gift cards. Presumably due to fraud, they don't allow customers to buy gift cards with gift cards:

Quote
You may not:
[...]
Use a gift card to purchase certain ineligible goods and services such as collectible coins or other gift cards.

It might be possible with Walmart gift cards -- I don't see the same restriction in their terms. Don't be surprised if they prohibit it, though. A lot of retailers do.

Retailers like Walmart and Home Depot also have physical third party gift card stands, including Visa/Mastercard gift cards. If you sell bitcoins P2P for Paypal funds, you can buy them at the POS terminal using Paypal.

Obligatory warning about Paypal and other reversible trading methods

Abiky (OP)
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February 25, 2020, 09:00:32 PM
 #5

None that I know about but there is a way around to do it I think

Since you can buy VISA physical gift cards on Amazon (and Walmart too if I'm correct?), you can buy a gift card for Amazon or Walmart (on Coinsbee, Bitrefil, etc...) and use it to order a physical GC.
Coinsbee>Amazon voucher>Visa at home

It may be time-consuming and you will finally pay an extra 10-15% fees at the end, (and the VISA physical GC can't be used with ATMs) but since some people are ok to pay 10-15%...

Or if you may use Purse.io to buy a gift card with a discount... it could lower the final fee to 5%

Thanks for the tip. The Amazon method does not work as they don't allow people to buy VISA gift cards with an Amazon gift card. The only one that works so far is Walmart. Both eGifter and bitrefill allow you to buy Walmart gift cards with Bitcoin. I could easily use the Walmart gift card purchased with Bitcoin to buy a physical VISA gift card. This seems like a great way to cash out your BTC without the need for a bank. It only works for US customers though, which means that people in other countries will have a hard time getting access to a VISA gift card with Bitcoin. The only remedy/solution for them would be to trade BTC to Fiat in a P2P manner (in-person), in order to buy the physical VISA gift card at their local retailer/store. Smiley


Did you already check this one below.

- https://www.coinsbee.com/en/visa-mastercard-bitcoin

It seems legit and they have announcement thread here on our forum so I think they are safe.

You can find their thread from here https://bitcointalk.org/index.php?topic=5182163.0

Yes I did. But unfortunately, they only offer "virtual gift cards" instead of physical ones. It works for online stores that don't accept Bitcoin or any other cryptocurrency, but not for physical ones. Thankfully, I've found a way to buy a physical VISA gift card with Bitcoin by purchasing a Walmart gift card online. It's the only way to do it in the US (AFAIK), without the need for a bank account. Of course, I sometimes cash out BTC to my bank for Fiat. But using BTC directly for a VISA gift card is a much quicker process.

All in all, I appreciate everyone's help with this. I'm locking the thread since my problem was solved. If you have any other method/way to buy physical VISA gift cards with Bitcoin, please let me know via PM. Smiley

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.
 Catch the winning spirit! 
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      JACKPOT      
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