Your Comprehensive Guide: How to Take Cash Out of Ally Bank
Ever found yourself needing quick cash but wondering how to get it from your online-only Ally Bank account? You're not alone! While Ally Bank doesn't have physical branches, they offer several convenient ways to access your funds. This lengthy guide will walk you through each method step-by-step, ensuring you can get your cash when you need it.
Let's dive right in and unlock the secrets to accessing your Ally Bank funds! Are you ready to discover the best method for your needs?
Step 1: Understand Your Ally Bank Account and Debit Card
Before you withdraw cash, it's crucial to understand the basics of your Ally Bank account and the associated debit card. Ally Bank primarily operates online, which means traditional branch visits for cash withdrawals aren't an option.
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| How To Take Cash Out Of Ally Bank |
Your Ally Bank Debit Card: Your Key to Cash
Ally Bank issues a Visa® debit card with its Ally Bank Spending Account (checking account) and Money Market Account. This debit card is your primary tool for accessing cash. Make sure you have it activated and know your PIN. If you don't have a Spending Account, consider opening one as it's designed for everyday transactions and cash access.
Daily Withdrawal Limits: Know Your Boundaries
It's important to be aware of the daily ATM withdrawal limits set by Ally Bank.
For most Spending Accounts, the daily ATM withdrawal limit is $1,010 after 30 days of opening the account.
Your specific limit might vary, so it's always a good idea to check your account details online or contact Ally Bank customer service if you plan a large withdrawal.
Remember that individual ATMs may also have their own per-transaction limits, which can be lower than your bank's daily limit.
Step 2: Utilize the Extensive ATM Network for Free Withdrawals
One of the most common and convenient ways to get cash from your Ally Bank account is through their extensive ATM network.
Sub-heading: The Allpoint® and MoneyPass® Networks
Ally Bank is part of two major surcharge-free ATM networks in the U.S.:
QuickTip: Break down long paragraphs into main ideas.
Allpoint® Network: This network boasts over 55,000 surcharge-free ATMs across the United States and even internationally. You can find Allpoint ATMs in popular retail stores like CVS, Walgreens, Target, and many more places you likely already frequent.
MoneyPass® Network: Another large network, MoneyPass® also offers tens of thousands of surcharge-free ATMs nationwide.
How to Find a Surcharge-Free ATM:
Use the Ally Bank ATM Locator: The easiest way to find a nearby surcharge-free ATM is to use Ally Bank's online ATM locator tool on their website or within the Ally Mobile Banking app. Simply enter your location, and it will show you all nearby Allpoint and MoneyPass ATMs.
Look for Network Logos: When you're out and about, keep an eye out for ATMs displaying the Allpoint or MoneyPass logos. These indicate you can withdraw cash without paying a surcharge fee from the ATM owner.
What if I use an out-of-network ATM? Ally Bank is quite generous! They will reimburse up to $10 in ATM fees charged by other banks each statement cycle for withdrawals made at non-network ATMs. This provides a nice buffer if you're in a pinch and can't find a network ATM.
Step-by-Step ATM Withdrawal:
Insert your Ally Bank Debit Card: Locate a surcharge-free Allpoint or MoneyPass ATM.
Enter your PIN: Follow the on-screen prompts and enter your Personal Identification Number (PIN).
Select "Withdrawal": Choose the "Withdrawal" option from the menu.
Choose "Checking" or "Savings": Select the account from which you want to withdraw funds (typically your Spending Account).
Enter the Amount: Input the desired cash amount, keeping your daily withdrawal limit and the ATM's per-transaction limit in mind.
Confirm and Take Your Cash: Verify the details on the screen and collect your cash and receipt.
Step 3: Get Cash Back at Point-of-Sale
Did you know you can often get cash without an ATM? Many retailers offer "cash back" with your debit card purchase.
Sub-heading: How Cash Back Works
When you make a purchase using your Ally Bank debit card at a grocery store, drug store, or other participating retailer, you can often request an additional amount of cash back at the checkout.
Step-by-Step Cash Back:
Make a Purchase: Shop at a store that offers cash back (e.g., Walmart, Target, many grocery stores).
Swipe/Insert Your Debit Card: When paying, use your Ally Bank debit card.
Select "Debit" and Enter PIN: Choose "Debit" as the payment method and enter your PIN.
Request Cash Back: The terminal or cashier will usually ask if you want cash back. Select "Yes" or state the amount you desire.
Enter Cash Back Amount: Enter the amount of cash you want to receive. Common cash back limits are often $20, $40, $60, or up to $100.
Receive Cash and Receipt: The cashier will hand you the cash along with your purchase and receipt. There are typically no fees for cash back transactions.
Step 4: Electronic Funds Transfers to Another Bank Account
If you need to access a larger sum of cash or prefer to manage your funds through a different bank with physical branches, an electronic funds transfer (EFT) is a viable option.
Sub-heading: Linking External Accounts
To transfer money to an external bank account, you'll first need to link it to your Ally Bank account.
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Log in to Ally Online Banking: Go to the Ally Bank website and log in to your account.
Navigate to Transfers: Look for the "Transfers" or "Move Money" section.
Add External Account: Select the option to add an external account. You'll typically need the other bank's routing number and your account number.
Verify the Account: Ally Bank will usually make two small "test" deposits into your external account within a few business days. You'll need to verify these amounts in your Ally Bank online banking to confirm the link.
Step-by-Step Electronic Transfer:
Log in to Ally Online Banking: Once your external account is linked.
Initiate a Transfer: Go to the "Transfers" section.
Select From and To Accounts: Choose your Ally Bank account as the "From" account and your linked external bank account as the "To" account.
Enter Amount and Date: Specify the amount you wish to transfer and the desired transfer date.
Review and Confirm: Double-check all the details before confirming the transfer.
Funds Availability: Funds transferred electronically usually arrive in your linked account within 1-3 business days. Once the funds are in your external bank account, you can withdraw them at that bank's branch or ATM.
Step 5: Requesting a Check from Ally Bank
For certain situations, such as needing a large sum of cash that exceeds ATM limits or if you don't have immediate access to an ATM, requesting a check from Ally Bank can be an option. You can then deposit this check into another bank account and withdraw the cash from there, or in some cases, cash the check at a check-cashing service (though fees may apply).
Sub-heading: Standard and Overnight Checks
Standard Checks: You can request a standard check to be mailed to you or a third party. There is typically a small fee for this service (e.g., $5).
Overnight Checks: If you need the check quickly, you can request an overnight check by phone. This service usually incurs a higher fee (e.g., $50).
Step-by-Step Requesting a Check:
Call Ally Bank Customer Service: The most common way to request a check is by calling Ally Bank's customer service line. Their number is available 24/7.
Provide Account Details: Be prepared to provide your account information and verify your identity.
Specify Payee and Amount: Clearly state who the check should be made out to and the exact amount.
Confirm Mailing Address: Verify the mailing address where the check should be sent.
Confirm Fees: Ask about any applicable fees for the check and when you can expect to receive it.
Once you receive the check, you can deposit it into another bank account or, if it's a cashier's check, you might be able to cash it directly at a bank that offers check-cashing services (though they might charge a fee or require an account with them).
Step 6: Direct Deposit to Another Bank Account (For Recurring Income)
While not a direct "cash out" method for existing funds, setting up direct deposit for your income to another bank account can be a proactive way to ensure you have cash readily available at a local bank with physical branches.
Sub-heading: Seamless Income Flow
If you regularly receive your paycheck or other income via direct deposit, you can easily change your direct deposit instructions to send funds to an account at a different bank.
Step-by-Step Changing Direct Deposit:
Obtain Routing and Account Numbers: Get the routing and account numbers for the bank account where you want your direct deposit to go.
Contact Your Employer/Payer: Provide your employer's payroll department or the payer with your new direct deposit information.
Timeframe: It may take one or two pay cycles for the new direct deposit instructions to take effect.
Tip: Reading twice doubles clarity.
Step 7: Visiting an Ally Financial Office (Limited Use for Cash)
It's crucial to understand that Ally Bank does not have traditional retail bank branches where you can walk in and withdraw cash. Ally Financial Inc. does have corporate offices in various locations (e.g., Detroit, Sandy, UT), but these are administrative offices and do not provide banking services like cash withdrawals to individual customers. Your banking with Ally is primarily online, via phone, or through their ATM network.
Important Considerations and Tips:
Security First: Always be mindful of your surroundings when using ATMs. Shield your PIN and keep your debit card secure.
Keep Emergency Cash: Even with easy ATM access, it's always a good idea to keep a small amount of emergency cash on hand for unexpected situations.
Monitor Your Account: Regularly check your Ally Bank account activity online or through the mobile app to track your spending and ensure there are no unauthorized transactions.
Contact Customer Service: If you have any questions or encounter issues with withdrawing cash, don't hesitate to contact Ally Bank's customer service. They are available 24/7 at 1-877-247-2559.
By following these steps, you'll be well-equipped to efficiently and securely take cash out of your Ally Bank account, even without physical branches. It's all about leveraging the digital tools and widespread networks that Ally Bank offers!
10 Related FAQ Questions:
How to check my Ally Bank ATM withdrawal limit?
You can check your Ally Bank ATM withdrawal limit by logging into your Ally online banking account, reviewing your debit card FAQs on the Ally Bank website, or by calling Ally Bank customer service at 1-877-247-2559.
How to find an Ally Bank free ATM near me?
You can find an Ally Bank free ATM by using the ATM locator tool on the Ally Bank website (
How to avoid ATM fees with Ally Bank?
To avoid ATM fees with Ally Bank, use ATMs within the Allpoint® or MoneyPass® networks. Ally Bank also reimburses up to $10 in ATM fees charged by other banks per statement cycle.
How to get cash from Ally Bank without a debit card?
Tip: Don’t skip the small notes — they often matter.
To get cash from Ally Bank without a debit card, you can initiate an electronic funds transfer to a linked external bank account and then withdraw cash from that bank, or request a check from Ally Bank to be mailed to you.
How to deposit cash into Ally Bank?
To deposit cash into Ally Bank, you can use select Allpoint+ deposit-enabled ATMs (check the locator for these), deposit the cash into another bank account and then transfer it electronically to Ally, or mail a check/money order to Ally Bank.
How to transfer money from Ally Bank to another bank?
To transfer money from Ally Bank to another bank, log in to your Ally online banking, navigate to the "Transfers" section, select your Ally account as the "From" and your linked external account as the "To," enter the amount, and confirm the transfer.
How to get a cashier's check from Ally Bank?
You can request a cashier's check from Ally Bank by calling their customer service line at 1-877-247-2559. There is typically no charge for a standard cashier's check.
How to contact Ally Bank customer service for cash withdrawal issues?
You can contact Ally Bank customer service for cash withdrawal issues 24/7 by calling 1-877-247-2559.
How to increase my Ally Bank ATM daily withdrawal limit?
Generally, the daily ATM withdrawal limit for Ally Bank's Spending Account is set at $1,010 after 30 days. To inquire about temporary increases for specific situations or to confirm your current limit, you would need to contact Ally Bank customer service.
How to use my Ally Bank debit card internationally for cash?
Your Ally Bank debit card can be used internationally at ATMs displaying the Visa or Mastercard logo. However, be aware that international ATM fees may apply, and while Ally Bank reimburses up to $10 in domestic ATM fees, this reimbursement policy may not fully cover international fees.
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