Prepaid2Cash Alternative: Keep the Fees, Keep the Card

Prepaid2Cash is an app that turns the balance on a prepaid Visa, Mastercard, American Express or Discover card into a bank deposit. As of September 2026 it charges 10% plus $1.50 per card, pays by ACH the next business day, and — a change many older reviews miss — it no longer takes store gift cards: that side was paused in 2023. So the right alternative depends on which card you're holding. (Full details in our Prepaid2Cash review.)

How Prepaid2Cash works now

• Fee: 10% of the amount plus a $1.50 delivery fee, shown before you submit. A $100 card pays $88.50; a $500 card $448.50. The faster 15% option is marked temporarily unavailable.
• Cards: non-reloadable prepaid cards with a Visa, Mastercard, Amex or Discover logo — gift, rebate, payroll and virtual prepaid cards. No store gift cards, reloadable, government, insurance or transit cards.
• Limits: $20 minimum, $1,000 per 24 hours.
• You hand over the full card details — number, expiry date and CVV — and an authorization hold locks the balance while the transaction is reviewed (up to 24 hours if flagged).
• Rejections aren't explained, and after one the hold stays on your card until the issuer releases it, which can take several business days.

Holding a store gift card? The FlipGift alternative

Prepaid2Cash can't help with a Target, Best Buy or Home Depot card any more. On FlipGift you sell such a card's value without ever sharing its code:

1. A buyer wants something from that store and pays a discounted price into escrow, held by FlipGift.
2. You place their order at the store's own checkout, paying with your card, and ship it to their address.
3. When they confirm delivery, escrow releases the money to you.

The fee is a flat 5% split with the buyer — 2.5% on your side — and sellers typically net 72–88% of face value after the 2% withdrawal fee. FlipGift stores no card numbers or PINs at all. Full mechanics: how escrow works.

Holding a prepaid Visa or Mastercard?

Here FlipGift is not the answer, and it's worth saying plainly: escrow works by placing a real order at a store, and a prepaid Visa or Mastercard isn't tied to one, so there's no order to fill with it. For those cards the realistic choices are spending the balance yourself — anywhere the network is accepted — or an app like Prepaid2Cash at 10% plus $1.50. What each option pays for a Visa gift card sets out the numbers.

Side by side

Other options

Every route for store cards — buy-back sites, marketplaces, kiosks — is compared in gift card exchange alternatives, with the real math on a $100 card in the payout comparison.