Yes, you can withdraw cash using your First Direct credit card at ATMs worldwide, including up to £500 per day. However, cash advances typically incur fees and higher interest rates immediately. For a better alternative, First Direct debit cards do not charge cash withdrawal fees, even abroad.
You can take out up to £500 per day. There is a daily cash withdrawal limit of £500 (or the foreign currency equivalent) at ATMs and you may need to enter your card twice depending on the ATM as some ATMs only allow lower amounts.
Most credit card companies offer you the ability to use your credit card to take out money through what's known as a cash advance. Unlike a debit card, however, getting cash with your credit card at an ATM is considered a short-term loan and can be expensive.
You can withdraw cash at any HSBC UK branch that has a counter service. You'll just need to arrange this with us first by calling 03 456 100 100. You can also use an HSBC UK ATM, up to your daily withdrawal limit (you can manage your daily ATM withdrawal limit on our App).
If you've forgotten your PIN don't worry, it's easy to order a new one - just send us a message via the help section of our App or using the 'Message us' option in the bottom right corner of Online Banking and we'll get one out to you (normally within 4-5 working days).
The amount you can withdraw in a Post Office branch will depend on any withdrawal limits in place on the specific account you hold with your bank. If you're unsure, please contact your bank directly to check.
The maximum cash withdrawal limit differs from one bank to another and depends on the type of account. For instance, some banks may allow a maximum withdrawal limit of Rs. 25,000 per day, while others may offer a daily withdrawal limit of Rs. 40,000.
FAQs About Withdrawing Money From Your Bank Account
If you need more, visit a branch or call your bank. For large withdrawals, banks may ask for extra verification, like confirming the purpose or showing additional ID. If you often need higher amounts, request a limit increase from your bank.
What is the process for withdrawing money from my credit card?
Use Convenience Checks
Another way of liquidating credit cards into cash is using convenience checks. These checks typically come with your credit card statement in the mail. If you opted out of physical copies, you might have the option of requesting convenience checks from the issuer.
Can I make withdrawals? No, you can only withdraw your money after 12 months. You can access your money before then, but you'll have to close your account. If you close your Regular Saver before the 12-month period ends, we'll only pay you interest at our standard savings account variable rate.
Your daily withdrawal limit is the total amount you can withdraw each day from all accounts that are linked to that card.
Banks often dont have "large" amounts of cash on site. So yes, they can deny and make an appointment.
You can withdraw any amount, but withdrawing $10,000 or more in a single transaction triggers a mandatory Currency Transaction Report (CTR) filed by your bank with FinCEN (Financial Crimes Enforcement Network), flagging it for potential scrutiny, though it's not inherently illegal; amounts over $5,000 might also raise internal bank flags, and intentionally breaking up transactions (structuring) to avoid the $10k threshold is illegal and gets flagged.
Fascinating Fact: The RBI increased ATM withdrawal charges from ₹21 to ₹23 per transaction beyond the free limit, effective from May 1, 2025. This was the latest revision in ATM charges as banks were permitted to raise fees by ₹2 per transaction for withdrawals exceeding the monthly free usage quota.
Know your cash advance limit and available credit for cash advances: Look at your most recent credit card statement and find your Cash Advance Limit. Keep in mind, sometimes ATMs have additional limits. You also must have sufficient total credit line available to take a cash advance.
A credit card PIN is a four-digit code that you may need to use to make certain credit card transactions. Most of the time, you will not need a PIN to use your credit card unless you're making a cash advance or traveling abroad. You should never write your PIN down anywhere or share it with anyone.
Yes, you can transfer money from a credit card to a bank account, typically via a costly cash advance (ATM, online, or with a convenience check) or sometimes through specific money transfer card features, but be very cautious due to high fees and immediate, higher interest rates that bypass the usual grace period. This process adds the amount to your credit card balance, creating debt that starts accruing interest right away, making it an expensive option, best used only in emergencies.
You may have a better chance of success by withdrawing cash at a bank branch in person rather than using an ATM. If you need more cash than can be withdrawn in a single 24-hour period, you may need to make several withdrawals over several days.
You can easily, safely and securely complete your personal and business banking transactions at Bank@Post post offices, such as withdrawals, deposits and cash exchanges, including passbooks during normal business hours. Bank@Post transactions may incur an assisted transaction fee.