Have you ever had that long walk to an ATM just to realize that you forgot your ATM card? If you haven't been through that before, I can tell you that it is really frustrating.
Well, that was then until cardless ATMs came up. These ATMs let you withdraw funds from your financial account or mobile wallet at ATMs without having to use a physical card. Think of it as an upgrade to your old debit card.
While cardless ATMs are convenient, not all ATMs have been upgraded to this technology, and finding one isn't always a piece of cake.
In this guide, I'll show you how to find nearby cardless ATMs for your cardless withdrawals.
Table of Contents
What are Cardless ATMs?
These ATMs function just like traditional ATMs, but they eliminate the need for a physical card to withdraw cash. Instead, you can use your smartphone app or bank website to initiate a withdrawal and receive a unique code to access your funds.
What Banks Have Cardless ATMs?
Cardless ATMs are becoming increasingly popular. In fact, the Cardless ATM market is projected to grow from USD 2.55 Billion in 2023 to USD 6.02 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 11.30% during the forecast period (2023 - 2032)—according to a report by Market Research Future (MRFR).
Following this trend, a couple of banks have begun implementing this technology into their ATMs allowing customers to withdraw funds through their digital cards in the bank's mobile app.
Three major banks have cardless ATMs, including; Chase, Wells Fargo, and Bank of America. Nonetheless, a couple of other banks do offer this technology but it usually varies by region.
For your convenience, here are some banks with cardless ATMs:
- Major Banks: Chase, Bank of America, Wells Fargo, Citibank, PNC Bank, US Bank.
- Regional Banks: Capital One, BBVA, Truist, Fifth Third Bank, TD Bank.
How To Find A Cardless ATM Near Me
If you're looking to make a cardless withdrawal, your best bet will be to locate a nearby ATM with the cardless feature.
So there are three ways to find cardless ATMs nearby:
1. Check Your Bank's Website or App
Most banks that offer cardless ATM services will have a locator tool within their app or website. This tool allows you to search for nearby ATMs compatible with cardless withdrawals.
Bank of America, Chase, and Wells Fargo all have an ATM locator tool available on their websites. You can use this tool to find cardless ATMs in your area.
This is the most straightforward way to use to find nearby cardless ATMs.
2. Look for Participating ATM Networks
Networks like Visa® or Mastercard® often offer cardless ATM options. Visit their websites to find participating ATMs in your area.
3. Search Online
We all have the availability of search engines and their different features. Sometimes a simple search can get you what you need in simply no time. If you're an iOS user, you can use Apple Maps and if you're an Android user, you can use Google Maps with keywords like "cardless ATM near me" or "[your bank name] cardless ATM locator."
These simple searches should return something valuable to your query.
How To Use Cardless ATMs
Cardless ATMs offer a convenient alternative to traditional ATMs, allowing you to access cash even if you don't have your physical debit card. However, the process might differ slightly depending on your bank. Here's a general guide to using cardless ATMs:
Before you head out:
- Confirm compatibility: Ensure your bank offers cardless ATM withdrawals. Check their website, app, or contact customer service.
- Download and activate your bank's app: If you haven't already, download your bank's official app and activate it with your login credentials.
- Familiarize yourself with the process: Briefly review your bank's instructions or FAQs on using cardless ATMs. Knowing the specific steps beforehand can save time and frustration.
At the cardless ATM:
- Look for the cardless logo or instructions: Most cardless ATMs will display a logo or instructions indicating their cardless functionality.
- Open your bank's app and select the cardless ATM option: Depending on your bank, you might find this option under "Withdrawals," "ATM Services," or a similar category.
- Choose the account you want to withdraw from: Select the specific account you want to use for the withdrawal.
- Enter the desired withdrawal amount: Enter the amount of cash you want to withdraw, adhering to any daily withdrawal limits.
- Follow the app's instructions to receive an access code: This might involve verifying your identity with a PIN or fingerprint scan within the app. You might also receive the code via SMS or push notification.
- Enter the access code at the ATM: Once you receive the code, enter it on the ATM keypad within the designated timeframe.
- Collect your cash and receipt: Upon successful verification, the ATM will dispense your cash. Remember to take your receipt and discard it securely.
Cardless ATMs That Allow Apple Pay and Google Pay
If you're looking to use tap-to-pay mobile apps like Apple Pay and Google Pay at ATMs, you'd be happy to know that most ATMs from major banks accept cardless withdrawals from tap-to-pay apps.
With that said, Bank of America, Chase, and Wells Fargo cardless ATMs will allow you to do cardless withdrawals from your Apple Pay and Google Pay wallets.
Final Thoughts
Cardless ATMs offer a convenient and secure way to access your cash, but it's crucial to understand their functionalities and limitations before relying on them. By familiarizing yourself with your bank's options, locating participating ATMs, and practicing safe online practices, you can leverage the benefits of cardless ATMs for a stress-free cash access experience.