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What are my withdrawal options with the Square Debit Card?
Hi community, where and which atm or bank institution can I withdraw cash from my debit card . I’m looking for the one that charges the less fees or no fees . 3.75 it’s a bit high . And what is the maximum amount can we withdraw per day ??? Thanks team
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Hi Msbyenter,
Here's a snippet from this FAQ. And there's other info here.
Square Debit Card can be used at any ATM that accepts Mastercard® debit cards. The maximum amount which can be withdrawn at an ATM is $500-$3,000 per transaction, $1,000-$3,000 per day, $1,000-$7,000 per week, and $2,000-$10,000 per month.
Note: Square does not charge you any ATM fees, but ATM providers may charge you a fee when you make withdrawals.
As for ATM fees - that can vary - from what I can determine, there's no comprehensive list as to which ATM would be your best option. You may have to do some of your own research.
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What’s depends on 500 - 3000 per transaction ? Do I have to notify square to let me withdrawal 3000 or is it already available to withdrawal that amount ? And on your experience which atm has been the less cost effective? Thank you for your time and sharing your knowledge
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