A Visa gift card holds a pre-set amount of money that cardholders spend down to buy products and services. The gift card is a debit card, not a credit card. Purchased amounts are subtracted until the balance on the card is exhausted, according to Golden 1 Credit Union in California.
Holders of Visa gift cards can use them anywhere Visa debit cards are accepted, both in stores and online. The cards may not be used at automated teller machines. Visa gift cards are available in many stores, such as Walmart and Walgreens, as well as many banks, states GiftCards.com. The cards are also available online at sites such as Amazon.com, notes Visa.