If you have a debit card from one bank, you usually can use it at another bank's ATM to withdraw cash. In some cases, if the banks are part of a network that allows you to do so, you may even be able to use another bank's ATMs to deposit money. Either your bank or the other bank might charge you for using an ATM outside your network, so it's good to make sure you understand what fees apply before doing so.
It is possible to use your debit card at another bank's ATM, although if that bank is out-of-network, you may have to pay a fee to use the machine.
Cash From Another Bank's ATM
You generally can use your debit card to withdraw money at an ATM owned by another bank, or at an ATM owned by a third-party provider in a location such as a convenience store or restaurant. Both your bank and the owner of the ATM could charge you a fee for the transaction by deducting it from your bank balance. Some ATMs allow you to do certain things, especially check your balance, without paying a fee.
If the ATM that you're using is outside the United States, you might be charged a larger fee, plus a currency conversion surcharge for withdrawing money from your U.S. bank account in whatever foreign currency the ATM provides.
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In some cases, bank ATMs and other ATMs may be part of networks allowing customers from participating institutions to use other ATMs in the network without a fee. You can check with your bank to see if it's part of such a network and often locate nearby ATMs in the network by searching online or via the bank's mobile app.
Some banks also don't charge you for using out-of-network ATMs and even will refund what those ATMs charge you to use them. Some banks cap the number or dollar amount of ATM fees they will refund per month. Check with your bank to see if it offers such a program.
If you find yourself getting charged lots of fees to access your money, you might want to move some or all of your funds to a bank that offers a reciprocal program with another bank or to one that has more ATMs near where you live or work.
In some cases, you can deposit cash or checks at an ATM owned by another bank. Some banks are part of networks that agree to accept deposits for one another, letting you make deposits at their ATMs and direct them to your own bank. Depending on your bank's policies, it might take some time for these deposits to be available in your account.
Cash Back at the Register
In some cases, you can ask for "cash back" when paying for something with a debit card at a retail store. You'll have to select "debit," rather than "credit," when paying and enter your PIN rather than signing. In addition to making your purchase, you'll be charged for the extra funds you'll receive in cash from the store's register.
In some cases, you can avoid ATM fees by using this feature, though some banks or retailers may charge a fee for the service.
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- NYCE: Where Can I Use My Card to Make Deposits?
- Chase ATM Network Review - NerdWallet
- ValuePenguin: Bank ATM Fees: How Much Do Banks Charge and How Can I Avoid Them?
- Visa: Plus and Plus Alliance ATM Finder Networks
- NYCE: Deposit Cash or Checks With Your Debit Card
- TD Bank: Depositing Check at NYCE Shared Machine
- Washington State Department of Financial Institutions: Debit Cards Frequently Asked Questions
- Alliant Credit Union "Tired of Paying ATM Fees? Alliant Offers ATM Rebates!" Accessed April 29, 2020.
- Social Finance, Inc. "Use Your SoFi Money® Card Anywhere and Get the ATM Fees Reimbursed." Accessed April 29, 2020.
- CO-OP Credit Unions. "Who Is CO-OP?" Accessed April 29, 2020.
- Capital One. "Is There a Fee When I Use My Debit Card Abroad?" Accessed April 29, 2020.
- FTC. "Lost or Stolen Credit, ATM, and Debit Cards." Accessed April 29, 2020.
Steven Melendez is an independent journalist with a background in technology and business. He has written for a variety of business publications including Fast Company, the Wall Street Journal, Innovation Leader and Ad Age. He was awarded the Knight Foundation scholarship to Northwestern University's Medill School of Journalism.