Most savings accounts do not come with an ATM card by default, but you can request one from your bank

A savings account is designed to hold money you are setting aside, not to be your everyday spending tool. Banks treat it differently from a checking account, which typically includes an ATM card and debit card as standard. Whether your savings account has an ATM card depends on your bank's policies and what you ask for.

Some banks offer ATM cards for savings accounts automatically when you open the account. Others require you to request one separately, and some do not offer them at all. A few banks charge a monthly fee for a savings account ATM card, though most do not. The fastest way to know what your bank offers is to call the number on the back of your existing bank card or log into your online account and look for the option to order a card.

Key Takeaways

  • Savings accounts typically do not include an ATM card unless you specifically request one or your bank offers it as part of the account type.
  • If your bank does offer a savings ATM card, you can usually order it through your online banking portal, by phone, or in person at a branch.
  • Some banks charge a small monthly fee for a savings account ATM card, while others include it at no cost.
  • An ATM card for savings lets you withdraw cash at ATMs but does not give you a debit card for purchases at stores or online.

How to request an ATM card for your savings account

Contact your bank directly using the phone number on your statement or through your online banking account. Most banks have a section in their app or website where you can order cards. If you have a checking account with the same bank, you may already have a way to access your savings account at ATMs using that card—check your bank's website or ask a representative.

When you request a card, the bank will mail it to your address on file. Delivery typically takes 5 to 10 business days. Some banks offer rush delivery for an extra fee, usually $10 to $25. Once the card arrives, you will need to activate it by calling the number on the card or using your bank's app before you can use it at an ATM.

What an ATM card for savings can and cannot do

An ATM card for a savings account lets you withdraw cash and check your balance at ATMs that belong to your bank's network or partner networks. It does not work at store checkout counters or for online purchases. If you need to make a purchase, you will still need a debit card linked to a checking account or a credit card.

Some banks link your savings ATM card to your checking account as well, so one card can access both accounts. Others issue a separate card for savings only. Ask your bank whether the card can access multiple accounts before you order it, because this affects how you will use it.

ATM networks and where you can withdraw cash

Your bank belongs to an ATM network—either its own network, a shared network like Allpoint or MoneyPass, or a regional network. When you use an ATM that belongs to your bank's network, there is no fee. If you use an out-of-network ATM, your bank will charge you a fee, usually $2 to $3 per withdrawal. The ATM operator may also charge a fee on top of that.

Before you request an ATM card, check your bank's website to see how many ATMs are in the network and whether they are near your home or workplace. If your bank has few ATMs in your area, you may end up paying out-of-network fees regularly, which adds up over time.

Alternatives if your bank does not offer a savings ATM card

If your bank does not offer an ATM card for savings accounts, you have other options. You can keep your money in a checking account instead and use the debit card that comes with it, though checking accounts typically earn little to no interest. You can also withdraw money from your savings account at a branch during business hours without a card—just bring your ID and ask a teller.

Another option is to transfer money from savings to checking when you need cash, then withdraw it using your checking account debit card or ATM card. This takes a day or two but avoids out-of-network fees. Some banks limit how many transfers you can make from savings per month, so check your account agreement before relying on this method.

Fees and limits on savings account ATM cards

Most banks do not charge a monthly fee for a savings account ATM card, but some do—usually $1 to $5 per month. A few banks waive the fee if you maintain a minimum balance in the account, typically $500 to $2,500. Check your bank's fee schedule or account agreement to see whether a fee applies to your account type.

Your bank may also limit how many ATM withdrawals you can make per month without paying a fee. Some banks allow unlimited withdrawals, while others charge a fee after your third or fourth withdrawal. Federal law used to cap savings account withdrawals at six per month, but that rule was suspended in 2020 and has not been reinstated, so limits now vary by bank.

Frequently Asked Questions

Can I use my checking account debit card to access my savings account at an ATM?

It depends on your bank. Some banks link checking and savings accounts so one debit card can access both. Others keep them separate and require a different card for each account. Log into your online banking or call your bank to find out whether your accounts are linked.

How long does it take to get an ATM card for my savings account?

Standard delivery is 5 to 10 business days after you order. Some banks offer expedited delivery for $10 to $25, which takes 2 to 3 business days. You will need to activate the card before using it, which usually takes a few minutes by phone or app.

What happens if I lose my savings account ATM card?

Call your bank immediately to report it lost or stolen. The bank will cancel the card and mail you a replacement, which takes 5 to 10 business days. Most banks do not charge a fee for a replacement card. Until the new card arrives, you can withdraw cash at a branch or transfer money to your checking account.

Will using an ATM card for savings affect how much interest I earn?

No. Interest is based on your account balance and the bank's interest rate, not on how you access your money. Whether you withdraw cash using an ATM card, a teller, or a transfer, your interest earnings remain the same.

Can I set a daily withdrawal limit on my savings ATM card?

Most banks set a default daily ATM withdrawal limit, usually $500 to $1,000. You can contact your bank to request a higher or lower limit. Some banks let you change the limit through your online banking app or by calling customer service.