what is a gift card 
a gift card is a prepaid card that can be used to make purchases and execute other types of financial transactions gift cards be open loop or closed loop which can determine where and how the card can be used can i use a gift card to withdraw cash at an atm yes it s possible to use a gift card to withdraw cash at an atm if the card allows it typically this is only an option with open loop cards which are not affiliated with any store or merchant brand 