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For most Americans, using an automated teller machine or ATM is a common part of personal finance. You can use an ATM to deposit and withdraw cash at your bank or credit union, as well as transfer money between accounts and view your account balance.
If you’re new to using an ATM or concerned about the safety of doing so, check out our step-by-step guide to depositing and withdrawing cash at an ATM.
How to Use an ATM: A Step-by-Step Guide
Using an ATM:
1. Insert your debit card
If you don’t have a debit card in your checking account, your bank may provide you with an ATM card. ATM cards are also common if you don’t have a checking account linked to your savings account, or an account that may be attached to a credit union (including money market).
You can also use a credit card at an ATM, but this is a “cash advance” and is very expensive. Fees may exceed $8 or 3% of the total transaction. Only use a credit card at an ATM if you have no other choice.
If you have a debit card with a chip, make sure to insert the chip end into the ATM.
Some machines require you to leave your card during the transaction, while others may prompt you to remove it before proceeding.
You must activate your debit card before you can use it at an ATM. Activate your card over the phone or online when you get it in the mail, rather than waiting until you get to an ATM.
Newer ATMs allow cardless transactions. Instead, you can use a smartphone digital wallet (Apple Pay, Google Pay, Samsung Pay, etc.) instead of a card.
2. Choose your language
Many ATMs will prompt you to select your preferred language. Most machines will offer at least three common languages depending on their location. In the US, you can choose to offer English and Spanish.
Never assume that ATMs are in English when traveling abroad. While you’ll most likely find an English-language machine, exchange a small amount of currency for a local…
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