Instant Card Withdrawals | Visa direct,Card Withdrawals (2024)

Instant card withdrawals allow Binance users to instantly withdraw money from their fiat wallets directly to their credit and debit cards - as long as they have Visa Fast Funds (Visa Direct) enabled.

Instant Card Withdrawals | Visa direct,Card Withdrawals (1)

*Visa Fast Funds (Visa Direct) is a card function that allows transactions to be processed in real-time.

How to withdraw with Instant Card ?

How does it work?

There are only a few steps to instantly withdraw your fiat currencies in these countries: United Kingdom, Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Russia.

First, make sure you have currencies like Euro in your [Fiat and Spot] wallet.

  • Under [Wallet], click [Fiat and Spot] - [Withdraw] - [Withdraw Fiat], select the currency you want to withdraw, then select [Bank Card(Visa)]. You can see [Instant to your card] shown on your selected card, which indicates that the Visa Direct feature is enabled.
Instant Card Withdrawals | Visa direct,Card Withdrawals (2)
  • Choose your linked card or add a new card to complete your withdrawal.
Instant Card Withdrawals | Visa direct,Card Withdrawals (3)

If you are using the mobile app, you can withdraw by tapping [Wallets] - [Withdraw] - [Cash]. Then follow the same steps to complete your withdrawal.

Instant Card Withdrawals | Visa direct,Card Withdrawals (4)

Please note: if you don't have any cards linked to your Binance account, you can add the cards which enable the features of Visa Fast Funds(Visa Direct).

Am I eligible?

In order to be eligible for instant card withdrawals, you must:

  • Have a verified and linked credit/debit card on Binance that has the Visa Fast Funds (Visa Direct) feature enabled.

How long do instant card withdrawals take?

In most cases, your withdrawal request will be processed within 5 minutes. However, processing can take up to 24 hours in some rare cases.

Do instant card withdrawals work for all cards?

No, not all card providers support instant card withdrawals. If you don't see your card listed as an option, this means your card does not support this function. Card eligibility requirements are created by your bank or card provider — please contact them for more information about enabling Visa Fast Funds (Visa Direct).

Are there fees or minimums?

Instant card withdrawal transactions charge a fee of 1%. The minimum withdrawal amount is 10 EUR.

Can I sell crypto directly to my card with an instant card withdrawal?

Yes, with the new Sell to Card function, you can now directly sell crypto to your selected debit or credit card. Find out more about

how to directly sell crypto to your card.

Instant Card Withdrawals | Visa direct,Card Withdrawals (5)
Instant Card Withdrawals | Visa direct,Card Withdrawals (2024)

FAQs

What is instant card withdrawal? ›

Instant Payouts allow you to transfer funds to an eligible debit card or bank account within minutes of a transaction for a fee of 1% of the payout amount for most countries (1.5% for Australia).

Which card takes money out immediately? ›

Debit cards take money out of your checking account immediately. Debit cards let you get cash quickly.

Which of your accounts do debit cards make instant transactions out of responses? ›

A debit card looks like a credit card but works like an electronic check. Why? Because the payment is deducted directly from a checking or savings account.

What ATMs can I use with an instant card? ›

Withdraw cash from any ATM that displays the Visa®, PULSE® or MoneyPass® acceptance marks. You can access any of the ATMs in the networks listed, but it's free when you withdraw on one of the 33,000 MoneyPass® ATMs nationwide.

How does instant money withdrawal work? ›

How do I withdraw Instant Money as cash? Visit a Standard Bank ATM or a participating retailer. Select 'Withdraw money' and enter the amount. Enter your chosen 4-digit voucher PIN which creates an Instant Money voucher which you'll receive by SMS.

What are the rules for instant cards? ›

Instants are the only card type in Magic to have no timing restrictions. They can be played at any time one has priority, including during other player's turns and while another spell or ability is waiting to resolve.

How do instant issue debit cards work? ›

How Does Instant Issue Work? Whether you're applying for a new debit card or replacing a lost or stolen card, instant issue allows you to immediately activate your new debit card and use it at a moment's notice. You won't have to wait for your new card to arrive in the mail.

What is instant payment transaction? ›

Instant payments are credit transfers that make funds available in a payee's account within ten seconds of a payment order being made.

Which type of purchase with a debit card is immediately deducted from your bank account? ›

Debit cards are issued by a bank or other financial institution and are directly linked to a checking account. They are typically used for in-person transactions, online purchases, and ATM withdrawals. When you use a debit card for a purchase or withdrawal, the funds are immediately deducted from the checking account.

What bank is instant card? ›

Instant Card: A temporary credit card | Virtual credit cards | U.S. Bank.

Can I use my instant card like a debit card? ›

Yes, your card can be used anywhere Visa Debit cards are accepted. If you have issues using your card, call us at 800.843. 1552.

Why does my instant card keep declining? ›

Transactions can be declined for insufficient balance, wrong PINs, card status or other data mismatches. You don't have a sufficient balance for the transaction - check your balance in the app's dashboard. Make sure you are entering in the 16 digit card and CCV numbers correctly.

What does instant card mean? ›

Instant Issuance (also known as decentralized) means that the credit or debit card is issued and activated on the spot and then can be used immediately.

What is the difference between instant card and debit card? ›

This is mainly because ATM and Debit Cards are quite similar in terms of their functions and use. However, what we must know is that they are two different cards. An ATM card is a PIN-based card, used to transact in ATMs only. While a Debit Card, on the other hand, is a much more multi-functional card.

What is instant card payment? ›

Unlike standard bank transfers, instant payments are set up so that the money reaches the recipient's bank account within seconds, which means it's not possible to retrieve the money via a clearing process.

Can I use my instant card anywhere? ›

Yes, your card can be used anywhere Visa Debit cards are accepted. If you have issues using your card, call us at 800.843. 1552.

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