Read Time 3 Minutes
Get money in your bank account and support a local Birmingham company at the same time! Sounds too good to be true? I thought so, too—so I tried it for myself. Find out how. ⬇️
Ahh, the Post-Holiday Clean Up
Gift cards are one of the most common gifts during the holidays. They’re great in theory, but it’s almost impossible to spend every bit of them. I have an entire drawer in my desk where half-spent gift cards go to die. It’s quite a sad sight, really.
Instead of letting that money go to waste, you can trade it in for money. in. your. pocket. Who doesn’t love that?
All you have to do is download the Prepaid2Cash app. That’s about as simple as it gets, people!
The best news about this whole deal? (Ok, maybe second-best. Extra money always takes the cake.)
You can support a Birmingham company while you get money. Prepaid2Cash is a tech startup that moved from Silicon Valley to Birmingham following an investment from the Alabama Futures Fund.
Peter Vogt, founder and CEO of Prepaid2Cash, was quite impressed with our Magic City when he first visited. He’s a self-proclaimed fan of the community—and of the brisket at Jim ‘N Nick’s.
Since the move, the company has been plugging into the Birmingham tech scene, hiring local employees and developing new ways to keep pushing the limits of tech innovation.
Ok, How Does it Work?
We’re glad you asked. First things first: download the app and set up your account. This took me less than five minutes. After that, you can get into the fun part:
Step 1: Scan
Use your phone’s camera to scan your gift card in seconds. You can use pretty much any prepaid card with more than $20 on it—which is great because I have some truly out-of-left-field gift cards sitting in my desk drawer.
Step 2: Transfer
Set up the money from your gift card to be deposited directly into your bank account in as little as 24 hours.
There has to be a catch, right? Nope. Prepaid2Cash is totally up-front about their fees. It’s also the lowest cost and fastest delivery option out there. Here are the details:
- If you want the money in your account by the next business day, you’ll see a 7.5% processing fee + $1.50 for delivery
- If you’re not in any hurry, you can wait 4-5 business days to get a 5.0% processing fee + $1.50 for delivery
Step 3: Recieve
Now for the best part. Check your bank account after your selected transfer time and voila! You’ve officially traded your prepaid cards for cash.
Still have questions? Check out Prepaid2Cash’s handy-dandy FAQ page to find all the answers you’re looking for.
Now You Have Extra Money—What’s Next?
Sure, you could spend that extra money on rent, groceries or paying off that December credit card bill. 😳
OR, you could check out this list of a few of our team’s best suggestions for spending that extra cash right here in Birmingham.
- Treat yourself to a fancy dinner at one of Birmingham’s many award-winning restaurants.
- You deserve to relax after the stress of the holidays. A great massage is a necessity, honestly.
- Kickstart your 2020 fitness goals with an exciting new workout.
- Snag concert tickets to watch one of the many big-name artists coming to Birmingham this year.
Ready to turn that plastic into $$$? Download Prepaid2Cash today.