If you’re out of cash, but have available credit on your MasterCard, you have several options for converting that credit into cash. Two options do require a personal identification number, which should have been issued to you when you first received the card. If you didn't receive your PIN or need a replacement, you may need to contact your MasterCard issuer if you use a PIN-based withdrawal method. The number to call is located on the back of your card.
Insert your card into the ATM machine and enter your PIN.
Select the option to withdraw funds and enter the amount you wish to withdraw.
Agree to any applicable fees. The ATM you withdraw from may charge a fee to dispense funds against your card. In this instance, you must be notified of the fee and agree to pay it before you proceed with the withdrawal. These fees are in addition to any other fees you may be charged by the issuer of your MasterCard.
Count your cash and verify that the correct amount is dispensed.
Take your receipt and retrieve your card. Your receipt may show a withdrawal amount greater than the amount you received. This may occur when ATM fees are charged, or when the issuer of your MasterCard deducts cash advance or foreign ATM fees upfront.
Point of Sale Withdrawal
Verify that the merchant allows “cash back” transactions.
Pay for your purchase with your MasterCard.
Choose the “debit” option when asked if you want to pay by debit or credit card.
Enter your PIN and select the amount of cash back you want to receive.
Deposit With Your Bank
Take your MasterCard to your bank branch and inform the bank teller you wish to use the card to make a deposit to your account. Give the amount of the withdrawal to the teller.
Fill out your deposit slip and include the amount you’re debiting from your card to deposit.
Sign the credit card withdrawal slip. Credit card withdrawal slips from the bank are similar to credit card slips you’d sign from any merchant. You’ll see the amount of the withdrawal printed on the slip and a space for your signature.
- Some MasterCard issuers also send you blank checks to access cash from your card, but this practice is not widespread, as it poses an increased risk of theft and unauthorized or disputed charges against the card. However, if you do receive blank checks from the card issuer, you may also write a check out to yourself for the amount you wish to advance and deposit the check into your bank account.
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