How to take money off one card and put it on another?

Seamlessly Shifting Funds: Transferring Money Between Cards at an ATM

Need to move money from one card to another? It’s easier than you think, especially with the convenience of your local ATM. Forget about tedious online transfers or bank visits – a simple trip to the ATM can handle this task quickly and efficiently. This method offers flexibility, accommodating both transfers within the same bank (internal) and across different banks (external).

Here’s a step-by-step guide to transferring funds between cards at an ATM:

1. Insert Your Card: Begin by inserting your debit or credit card into the ATM. Ensure the card is inserted correctly and faces the right direction.

2. Enter Your PIN: Enter your personal identification number (PIN) accurately. Remember to shield your PIN from onlookers to protect your financial security.

3. Navigate to Transfers: The ATM menu will vary slightly depending on your bank, but you should locate an option related to “Transfers,” “Account Transfers,” or similar phrasing. Select this option using the ATM’s keypad.

4. Choose Transfer Type: This is where you’ll specify the type of transfer you intend to perform. Most ATMs offer two primary options:

• Internal Transfer: This option is used when both cards are linked to the same bank. The ATM will usually prompt you to select the source account (the card you’re transferring from) and the destination account (the card you’re transferring to).

• External Transfer: For transfers between accounts at different banks, you’ll need to select the “External Transfer” or similar option. You’ll typically be asked for the destination account’s bank information, including the account number and routing number (or equivalent). Double-check this information carefully to avoid errors.

5. Enter Amount and Confirm: Input the amount you wish to transfer. Carefully review the details displayed on the screen before confirming the transaction. Ensure the source, destination, and amount are correct to prevent unintended consequences.

6. Complete the Transaction: Once you’ve confirmed the details, the ATM will process the transfer. You’ll usually receive a receipt confirming the transaction. Keep this receipt for your records.

Important Considerations:

• Transaction Limits: ATMs often have daily or per-transaction limits for transfers. If you need to transfer a large sum, you may need to make multiple transactions. Check your bank’s guidelines for transfer limits.

• Fees: Some banks may charge fees for external transfers. It’s essential to be aware of any potential fees before initiating the transfer. Check your bank’s fee schedule.

• Card Eligibility: Not all debit and credit cards support ATM-based transfers. Verify with your bank that your cards are eligible for this service.

By following these simple steps, you can quickly and efficiently move funds between your cards using the convenience of an ATM. Remember to always be mindful of your security and double-check all information before confirming any transactions.