Like many others, I came here in the hopes that PayPal might offer the ability to transfer funds off a prepaid card. I will be very specific with my situation, so as not to generate any doubts as to the legality of my intentions or evoke reprimands from a community volunteer for a thought crime I haven't even thought of, yet. A couple months ago I made an online purchase, incentivized by a "rebate." Some years ago, rebates would be distributed in the form of a check you could deposit at your local bank by which you would receive the funds into your account after a few business days. Manufacturers have since gotten smarter. Now, you get your rebate in the form of a prepaid credit card. Many places you try to use these prepaid cards put a $1 hold on the card and other places make it more difficult still, preventing you from combining multiple forms of payment. To remember you are in a Indiana Jones-esque room with the walls closing in, my card has a $3 "monthly maintenance fee" ("waived" the first six months) that is assessed until the balance reaches zero. The way I see these funds, I am the owner, but they were given me in a way that makes them difficult to access in their entirety. Why cut up the card when there is still $1.18 on it? While it is unfortunate PayPal is unable to offer a service to convert these funds, I wanted to report there are businesses that can. I just purchased a gift card through the website of one of the internet's biggest online retailers using the very last remaining penny on my card and was able to do so without a hold. Just sharing my experience for others, like myself, who come to this thread with the same question I had.
... View more
