When you need some quick cash from your bank account, an ATM has traditionally been the best way to go. Just swing by your nearest bank location, navigate through the drive through kiosk and get the bills you need.
But especially as the world of banking has turned more and more to the online platform, you may not even have an ATM card in your wallet. Think you’re limited on getting access to cash then? Think again. If you don’t have a bank account, you can still get the cash you need, when you need it. Or, if you’ve lost your ATM card and are waiting for a replacement, but still need cash now, there are strategies you can use to fix your problem.
To help, here we share six ways you can withdraw money without using your ATM card.
1. Use Payment Apps
Before venturing on a quest where you need physical cash, consider if online transferring will do the trick. Your smartphone is equipped with access to several applications where you can link your bank account or other money account to send and receive money. Apps like Venmo, Cash App, Google Wallet, Apple Pay and more allow you to link your bank account to your phone and make payments and receive cash with just a few taps of your finger. If you have a PayPal account, you can also download the app on your phone to get instant access to your electronic funds.
2. Use a Prepaid Card
Another alternative to cash or a payment app on your phone is a prepaid card. Unlike a debit card, this card isn’t linked to your account and unlike a credit card, it’s not set up where you need to pay a monthly balance that you accumulate throughout the month. Purchase this card up front and use it like a gift card, that has a starting balance. Depending on which prepaid card you choose, as in through a bank institution, you may be able to use that card to get funds from a bank’s ATM. Prepaid cards are available through many sources including Visa and Mastercard, as well as your local bank. Find the method that works for you.
3. Use Your Debit Card In-Store
When you make a purchase in-store, after entering your PIN number, you’ll also have the option to select “cash back”. You can use this function to get a few quick bills when you need them. Although not ideal, this option does allow you to use your bank account to access funds and turn them into cash. While this isn’t a sustainable solution to getting cash in your pocket, it does come in handy when you’re in a bind.
4. Cash a Check
Another way to get cash in a roundabout way is by writing yourself a check that you can cash yourself. Write yourself a check for the amount you want in cash and bring it into the bank. In providing proof of identification, you’ll be able to pull funds from your account for cash. While this method isn’t always the most convenient way to get instant cash from your account,
5. Make a Withdrawal In-Person
If you don’t have any checks on hand, or don’t want to use one, you may be able to ask the bank teller for help in getting the cash you need. Your bank establishment often have withdrawal slips that allow you to get cash from your account. Be sure you bring your identification documents and know how much you want to take out in your account. While not always the most convenient, taking a trip to your local bank branch can help you get the cash you need.
6. Use Your Bank App
Chances are, your bank account has an app you can use to access your account and manage your finances. With these apps, you may be able to visit an ATM and get the funds you need with just accessing your smartphone. With important security measures in place, you can securely and efficiently use the app to get the cash you need. Especially as banks continue to grow on online platforms, using banking apps is an easy and smart way to avoid carrying another ATM card around and still get cash.
Get the Cash You Need, When you Need It
Not having an ATM card on you shouldn’t prevent you from getting access to your cash when and where you need it. Especially with online mobile options, you can continue to fill your wallet with cash from your account.