Visa, MasterCard and American Express branded gift & rebate cards accepted. from buying goods online and could not find any way to redeem the cards for cash. The Prepaid2Cash app is compatible with iPhones running the latest iOS Know what are the two types of Gift Cards available & what all you can buy Prepaid Gift Cards are cards that are preloaded with a set amount of money, as it is associated with a network like Visa, Mastercard, American Express, etc. However, sometimes such Gift Cards are not allowed for use during sales & discounts. A gift card also known as gift certificate in North America, or gift voucher or gift token in the UK is a prepaid American Express, MasterCard, and Visa offer generic gift cards which need not be redeemed at particular stores, The latter, however, tend to have fewer problems with card value decay and fees. CSO Online.