Transferring cash from a gift card into Monzo

Hi all,

I tried to add some cash from a Visa gift card but the card was not recognized, is this a missing feature or something that is not ( currently ) implemented?

You can only spend a Visa card in store or online, not trade it for cash.

The Monzo merchant category will prevent this.

3 Likes

:+1: - Thank you, so itโ€™s a restriction on the type of card I can use.

The Visa Gift card will more likely explain in their terms you cannot trade this for cash, and possibly gambling and other financial products.

Itโ€™s not specifically Monzo preventing it, more so the visa gift card provider saying they canโ€™t accept that kind of transaction due to type of merchant.