Updated April 9, 2021

How to Withdraw Money from Bank

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Debit and ATM cards are the best and simplest way to withdraw money from your account whenever you need it. But even without one, you should still be able to access your funds. Keep reading to find out how.

  • Debit cards are linked to checking accounts. You can use them to take out money and make purchases directly from your account.

  • ATM cards are connected to savings accounts. As the name suggests, you can use them to withdraw money at ATM machines but NOT to make purchases.

Use an ATM to Withdraw Money

Both debit and ATM cards provide instant, 24-hour access to your money at any ATM location. Simply insert your card, enter your PIN number, and follow the instructions to take out the desired amount.

This feature is usually free for ATMs affiliated with your bank, though some banks charge fees over a given number of monthly transactions. You'll often be charged for using out-of-network ATMs.

Tip: Stay within your network. Skip unwanted fees by using your mobile device to search nearby ATMs connected to your bank. You can also find a list of locations through your bank's mobile application. Remember: using an out-of-network ATM can result in fees from your bank AND the one associated with that machine.

The most convenient option is to open a checking account from a bank with ATMs and branch locations nationwide. Here are our top choices:

Make a Purchase with Your Debit Card

Many stores provide a "cash-back" option when you buy items using a debit card. The store or your bank may limit the amount of money you can withdraw. This feature is NOT available with ATM cards.

What Happens if You Lose Your Card?

Don't panic!

Banks provide a variety of ways for you to get your money.

Tip: Report Your Card Missing Right Away. Whether it was stolen or simply misplaced, the first thing you need to do is contact your bank. They will freeze the account to prevent unauthorized charges or withdrawals. In the case of theft, the bank will mail a new card out shortly.

Here are several ways to withdraw money without a debit or ATM card.

  • Visit a branch location: You can withdraw money directly from your bank during regular business hours. You'll need a photo I.D. as well as your account number, which the teller can look up, if necessary.

  • Write a check: If you have a checking account, you can write a check to yourself or to "Cash." The check can be cashed at a bank or even at some supermarkets and retail stores. These locations often stay open after banks close.

  • Activate cardless ATM access: Many banks provide emergency ATM access to members whose cards have been lost or stolen. A customer service representative will give you a code to access your account and withdraw funds.

  • Use Mobile Banking: Banks like Wells Fargo, Bank of America, and Chase now allow customers to use their phones at ATM machines. Rather than a PIN number, you scan a code to withdraw money from an account. You will need to download your bank's mobile application to your device first. Fees may apply.


Losing your debit or ATM card is a hassle, but you'll still be able to withdraw money. Always remember to report your card missing or stolen as soon as possible to protect yourself from unauthorized charges or fraud.

Write to Kevin L at feedback@creditdonkey.com. Follow us on Twitter and Facebook for our latest posts.

Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.

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