Forgot Your ATM Card? Here Are 4 Ways To Still Withdraw Cash In Singapore

It can be frustrating when you need to withdraw cash only to realise that your ATM card was left at home. Instead of borrowing money from your friends or colleagues, here are some ways to get cash without an ATM card.

Read Also: Pros And Cons Of Using Your Credit Card To Pay Your Personal Income Tax Bill (Via CardUp)

#1 soCash

soCash is a mobile app service that allows you to withdraw cash from over thousands of participating shops in Singapore, which includes merchants like Sheng Siong, 7-Eleven, Buzz, Killiney, and UStars Supermarket.

To withdraw cash without an ATM card, you simply have to select how much cash you wish to withdraw on the soCash app, which will list down the nearest cashpoints based on your current location. You can then proceed to that merchant’s location to scan the QR code, make payment, and collect your cash.

The minimum withdrawal amount is currently $10, and you can withdraw in multiples of $10 up to a daily limit of $600. The good news is that this amount would not be part of your ATM’s daily withdrawal limit, which means you can withdraw cash from soCash even after reaching your ATM’s daily withdrawal limit.

DBS and POSB customers can make payment using the DBS PayLah! app or via a direct debit from their DBS/POSB account. For the latter, you need to login to your mobile banking and enter the One-Time Pin (OTP) sent to your mobile phone.

Standard Chartered Bank customers can access soCash functionality from within the SC mobile app. Look for the ‘Get Cash’ in the menu and select soCash. Any cash withdrawal must be authenticated with fingerprint or login credentials and the amount will be debited directly from their bank account.

For users of other bank accounts, you can make payment via the DBS PayLah! app by registering as a non-DBS/POSB user, and then top-up your PayLah! wallet via FAST transfer from your bank account. Payments for soCash will be deducted from this PayLah! wallet.

soCash has a loyalty programme called soCash Rewards, which incentivises users through cashback for using soCash and referring their friends. For example, you could earn $3 in referral rewards for every friend that you invite to the soCash platform, and at the same time, your friend would also get $1 for signing-up.

The Rewards earned will automatically be deducted from your payment on the next transaction. For example, if you have $5 in Rewards and make a cash withdrawal of $50, then only $45 will be deducted from your bank account. Note also that you must withdraw an amount greater than the Rewards earned, which will only be valid for 30 days and will expire if not redeemed by then.

Read Also: Why I Stopped Withdrawing Money From The ATM

#2 UOB Contactless Cash Withdrawal

UOB customers using smartphones with Near Field Communication (NFC) functionality will be able to withdraw cash at selected UOB ATMs.

Prior to using this cash withdrawal method, you need to link your UOB Visa or MasterCard Credit/Debit Card to your current or savings account. The card must then be added to your Apple Pay or UOB Mighty Pay. Android users also have the option to add their UOB ATM card to Mighty Pay for contactless withdrawals.

To withdraw cash at the ATM, tap your device on the contactless symbol on the ATM and select the card with ATM access. Once that is done, input your ATM PIN and make your withdrawal.

For convenience, you can input your preferred cash withdrawal settings to your card on UOB Mighty. This allows you to collect the pre-set cash amount once you enter the ATM PIN without going through the usual transaction screens.

Read Also: UOB One: The One To Rule Them All

#3 OCBC Pay Anyone

OCBC’s personal banking customers can use the OCBC Pay Anyone App to make cardless cash withdrawals from all OCBC ATMs in Singapore. This service is not available at UOB ATMs under the shared ATM network or at OCBC ATMs overseas.

The payment app can also be used for fund transfers both locally and overseas and can pay for your meals, shopping, and taxi rides by simply scanning the merchant’s QR code or making a PayNow transfer via the merchant’s Unique Entity Number (UEN). A new feature that was added also allows one to pay their bills. 

To withdraw cash without an ATM card, you only need to follow these 5-steps:

Step 1: At the ATM, you would need to tap on the “Withdraw cash with OCBC Pay Anyone” button at the bottom left corner of the ATM screen.
Step 2: You will then see a QR code generated and displayed on the ATM screen.
Step 3: Login to you OCBC Pay Anyone app to scan the QR code.
Step 4: Select the amount that you wish to withdraw and confirm
Step 5: Collect your cash from the ATM

There is no service fee for using the cardless cash withdrawal service, though you will be limited to a daily withdrawal limit of $1,000 that cannot be changed.

Read Also: 5 Things You Can Do With OCBC Pay Anyone That You (Probably) Never Knew You Could With A Cardless Lifestyle Payment App

#4 Cash Withdrawal Using A Linked Credit Card

For most banks, your credit card can double up as an ATM card. This can be done by linking your card to your current or savings account. Just like an ordinary ATM card, cash withdrawals will be debited directly from your account.

This should not be confused with a credit card cash advance, in which you take a short-term loan from the bank against your available credit limit. For cash advances, interest rates are compounded daily and the rates are usually higher than the usual credit cards interest rates. In addition, a cash advance fee may also be charged.

Read Also: YouTrip Card Vs Regular Credit Card: How Much Can You Save When Spending Overseas?

This article was first published on 4 February 2019 and has been updated to reflect new information.

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