If you are an Emerald Cardholder, you may be wondering where you can withdraw cash from your card. Emerald Card is a prepaid Mastercard that is issued by H&R Block, which is a tax preparation company. This card allows you to receive your tax refund directly onto the card, and you can use it to make purchases, pay bills, and withdraw cash at an ATM. In this article, we will discuss the different ways you can withdraw money from your Emerald Card.
Understanding the Emerald Card
Before we dive into the ways to withdraw money from your Emerald Card, it’s essential to understand how this card works. The Emerald Card is a prepaid Mastercard that works like any other debit card. It’s reloadable, so you can add funds to the card as needed. The card has no monthly or annual fees, but some fees may apply, such as ATM withdrawal fees, foreign transaction fees, and balance inquiry fees.
Where can I withdraw money from my Emerald Card?
- ATMs: You can withdraw cash from your Emerald Card at any ATM that accepts Mastercard. However, H&R Block may charge a fee for ATM withdrawals, and the ATM owner may also charge a fee. Make sure to check the fees before withdrawing cash from an ATM.
- Retail Stores: You can also withdraw cash from your Emerald Card at retail stores that offer cash-back services. When you make a purchase, you can request cash back, and the cash will be added to your total purchase amount. This service is usually free, but some stores may charge a fee for cash-back services.
- Bank Teller: You can also visit a bank that accepts Mastercard and request a cash withdrawal from a teller. However, some banks may charge a fee for this service.
- Cash Advance: You can also get a cash advance from your Emerald Card at a bank that accepts Mastercard. However, cash advances usually come with high fees and interest rates, so it’s best to avoid them if possible.
What are the fees for withdrawing money from my Emerald Card?
As mentioned earlier, some fees may apply when withdrawing cash from your Emerald Card. Here are some of the common fees:
- ATM Withdrawal Fee: H&R Block may charge a fee for ATM withdrawals, and the ATM owner may also charge a fee. The fees can range from $2.50 to $5.00 per withdrawal.
- Foreign Transaction Fee: If you withdraw cash from an ATM outside of the US or make a purchase in a foreign currency, a foreign transaction fee may apply. The fee is usually around 3% of the transaction amount.
- Balance Inquiry Fee: If you check your balance at an ATM or by calling customer service, a balance inquiry fee may apply. The fee is usually around $1.00.
Conclusion
In summary, there are several ways to withdraw money from your Emerald Card, including ATM withdrawals, cash-back services at retail stores, bank teller withdrawals, and cash advances. However, some fees may apply, so make sure to check the fees before withdrawing cash from your card. As always, it’s essential to keep your card and PIN safe to prevent unauthorized access to your funds.
FAQ’s
Can I withdraw money from my Emerald Card at any ATM?
You can withdraw money from your Emerald Card at any ATM that accepts Mastercard. However, H&R Block may charge a fee for ATM withdrawals, and the ATM owner may also charge a fee.
How much can I withdraw from my Emerald Card?
The amount you can withdraw from your Emerald Card depends on the available balance on your card and the ATM’s withdrawal limit.
Can I use my Emerald Card to withdraw money from a bank teller?
Yes, you can use your Emerald Card to withdraw money from a bank teller. However, some banks may charge a fee for this service.
Can I get a cash advance from my Emerald Card?
Yes, you can get a cash advance from your Emerald Card at a bank that accepts Mastercard. However, cash advances usually come with high fees and interest rates, so it’s best to avoid them if possible.
Are there any monthly or annual fees for the Emerald Card?
No, there are no monthly or annual fees for the Emerald Card. However, some fees may apply, such as ATM withdrawal fees, foreign transaction fees, and balance inquiry fees.
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