Show Make smarter financial decisions by staying up-to-date with the hottest news in the world of personal finance. Cardless ATMs are now being offered by some of the top banks, making accessing your cash even easier. With secure apps installed on your mobile phone, you can access your digital wallet to withdraw the money from a cardless ATM. Your phone is already at your fingertips — now your cash will be too. Find the right checking account for you by comparing each of the banks’ key features — from minimum opening deposit to number of cardless ATM locations nationwide. Avoid overdraft fees Chase Secure Banking℠
$0 opening deposit
Chase Total Checking®
Free instant transfers
Chase Business Complete Banking℠
A cardless ATM works by providing you with a unique code that you enter into an ATM to withdraw cash when you don’t have your card. This is beneficial if you’re on a run, at the beach, at an amusement park or anywhere else you don’t want to carry a card. You can even share your code with friends or family members so they can withdraw money when you’re not there. Can I get cardless cash from any ATM?You can only get cash from an ATM without a debit card when you use an ATM owned by your bank that has a cardless cash or contactless feature. For example, if you open a Chase Total Checking account, you’ll have access to one of the largest networks of cardless ATMs. There are five different types of cardless ATMs, so it depends on which one you’re using. 1. Banks with cardless ATMsMajor banks in the US have started offering cardless ATMs that allow you to withdraw cash using near-field communication (NFC). These banks typically partner with the Mastercard cardless ATM network or the Visa cardless ATM network to offer this feature to customers. How to withdraw money
2. Apple Pay cardless ATMsApple Pay is accepted at most cardless ATMs including Wells Fargo, Chase and Bank of America. Apple Pay uses near-field communication (NFC) for cardless ATM access. To verify that an ATM is NFC-enabled, look for the contactless symbol. How to withdraw money
The ATM will then verify your identity and finalize your transaction. 3. Google Pay cardless ATMsGoogle Pay works the same as Apple Pay. Withdraw money at any ATM that has the contactless symbol. How to withdraw money
The ATM will then finalize your transaction. 4. CashTapp cardless ATMsSelect Capital One 360 Checking customers can withdraw money at any cardless ATM with a CashTapp sticker. Use the ATM finder in the CashTapp app to find a cardless ATM near you. How to withdraw money
5. Paydiant cardless ATMsMany small banks offer cardless ATM access to customers through Paydiant, which is owned by PayPal. Paydiant has over 72,000 ATM locations across the US. It uses an app-generated QR code to grant you cardless ATM access. How to withdraw money
You may be limited to the amount of money you can withdraw daily from your account. But this varies between accounts and banks. Check your bank’s account disclosure to see what your cash withdrawal limit is. Can someone else pick up my cash from a cardless ATM?Some banks may offer a sharing option where you can have someone else pick up your cash. Check with your bank to see if this is an option. In some cases, you just need to provide the app with the appropriate person’s mobile phone number. If you share a joint account with someone, both of you should have equal access to withdrawals without additional fuss. Simply access the cardless cash withdrawal like normal. Connect with a cardless ATM through app-generated codes or near-field communication (NFC). Here’s how they differ:
Compare checking accounts with cardless ATM accessOpen any of these checking accounts today to enjoy cardless ATM access. Using a cardless ATM has these benefits.
Can you catch COVID-19 from handling cash?There’s no evidence suggesting you can catch COVID-19 from handling cash, though the Centers for Disease Control and Prevention suggests washing your hands after you’ve dealt with money to keep up hygiene that can slow the spread of this disease. If you’re concerned about withdrawing cash from an ATM, consider a cardless ATM to minimize contact with the machine. Here are a few things to watch out for when using a cardless ATM.
Two-step verification and near-field communications (NFC) are two measures that typically make it safer to use a cardless ATM over a traditional one because it eliminates the threat of skimming devices. Still, you should still be mindful of how to protect your money when grabbing cash.
Never share the password to your online bank account. With the password, people could gain access to your cardless cash details and make withdrawals without your consent.
Although banks take precautions to protect your information, there is always the possibility of a hack. If you notice unauthorized withdrawals from your account using cardless cash, notify the bank immediately. Ryan Brinks melds decades of experience in business news and online content into creating comprehensive and helpful comparisons of the companies you trust your money with. He loves to innovate and put money to work while keeping a careful eye on managing risk. Beyond work, Ryan's also passionate about his family and serving his community. More guides on Finder
Can I use my phone at the ATM Bank of America?CONTACTLESS ATM Get cash without your card
Adding your debit card to your Digital Wallet means you can get cash using your phone. Just select your card in your wallet and hold your phone over the Contactless Symbol at any Bank of America ATM.
Can I use bofa ATM without card?Essentially, users can select the amount they want to withdraw through their banking app. When they arrive at the ATM of their choice, they can use their smartphone or debit card, enter their PIN, and the ATM machine will automatically withdraw the amount they requested through their phones.
Can I use my phone to get cash from ATM?Some ATMs use NFC to conduct cardless transactions. With this type of cardless ATM, you tap your phone against the ATM's contactless symbol and your phone's digital wallet pulls up. From there, you select which card you want to use from your wallet and enter your PIN. Then, the ATM authenticates your transaction.
Can you use phone instead of card at ATM?Bank apps will send consumers a numerical code to plug into the ATM or a code you scan on an ATM. Contactless payment providers such as Apple Pay and Google Pay use near-field communication, where you hold your phone close to the ATM and access the bank account you have linked to the app.
|