Withdraw With Prepaid Card
How To Use A Prepaid Card To Withdraw At An ATM – One major advantage of using a prepaid card is that, the card can be used to withdraw cash at an ATM like every other card like the credit cards and debit cards. A prepaid card can be used at any ATM operated by the bank or network brand that issued the credit card to the cardholder. It can be used to either deposit or withdraw a certain amount of money from the ATM.
A prepaid card does more than making purchases online and at retail stores, you can also use a prepaid card to get cash from an ATM.
What is an ATM?
An automatic teller machine abbreviated as ATM is a machine that dispenses cash or performs other banking services when a cardholder inserts a credit card to it.
Use A Prepaid Card To Withdraw Money From An ATM
If you know how to use your card properly at an ATM, then you are qualified to build positive credit scores for yourself. It is said that using a card at an ATM can help you maintain a good credit score and also help you lower your bills.
Here’s a guide on how to use a prepaid card to withdraw money from an ATM, follow the steps below;
- Visit the ATM that had the same logo as the card network brand. For example; if you have a card with a visa logo or a MasterCard logo you have to use that card at an ATM that accepts either a visa or a master card to be able to carry out your transactions.
- Insert your card into the ATM in the appropriate manner.
- Enter your card number.
- Enter the amount you want to withdraw.
- Select the account type.
- Click Ok.
Sometimes the ATM machine displays how much the withdrawal fee cost and charges you to pay. If you want to check your prepaid card balance, do not use an ATM machine to do so. It costs a whole lot to check balances. It is advised to always use a banking app or your card issuers app to check your card balance.
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However before you walk away from an ATM machine after your transactions, be sure you already have your card with you. Also, ensure that the transactions you made with the ATM machine have ended before you leave the ATM premises to avoid criminals coming after you.
Not everyone you see at the ATM is actually there to carry out a transaction, some are just there to watch and follow others just to steal from them.
Note; you can use a prepaid card at an ATM to withdraw cash, deposit cash, and transfer cash from one account to another.