ATMs and cash advance

Accessing cash advance through an ATM?

Written by Daniel
Updated over a week ago

Card cash advances are possible via an ATM if you have a credit builder card

What are the fees for accessing cash via an ATM?

Bear in mind, there is a $2.50 fee every time you get a card cash advance* via an ATM. And the ATM provider may charge you an additional fee at their discretion 👎

What are my card cash advance Limits?

You can access up to 90% of your credit limit via an ATM. Provided you have more than these figures in your security account, you can receive:

  • up to $300 per day but you cannot receive a card cash advance more than twice in one day via an ATM

  • a maximum of $400 in a week

  • at most $600 in a month

ATM owner-operators may impose their own lower limits and fees when you use their ATMs.

Can I add money to my security deposit via an ATM?

Unfortunately, we’re unable to accept deposits of any kind from an ATM. The only way to add money to the security deposit of your credit builder card is from within the Cleo app.

To add cash to your security deposit, head over to the spend tab in your Cleo app and hit the 'add money' button. This should spin up a screen, where you’ll be able to add funds from.

Want more? Check out our blog for all things personal finance.

*Cash advance is a feature of the Builder subscription and not the credit builder card.

The card cash advance is a feature unique to the Credit Builder Card and allows you to advance cash at an ATM. The card cash advance is subject to a $2.50 fee per transaction plus any fee that may be charged by the ATM or Bank. This feature is only available to holders of the Builder card.

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