Who does it best? Our review of the cardless cash facilities offered by three major Australian banks.
Cardless cash lets you withdraw money from an ATM without using your card. It takes the form of an automatically expiring code, generated on demand, which lets you make a specific withdrawal at an approved ATM. To make a cardless cash withdrawal, simply:
- Sign in to your bank’s mobile app
- Enter the withdrawal amount and other required information in the app
- Receive a numerical code
- Select cardless cash at an ATM and enter the code to make the withdrawal
Compare debit cards with cardless cash
Essentially you’re using your phone to fill in all the withdrawal details so that you or someone else can simply pick up the money from any participating ATM.
- Cardless cash can be used even if you’ve lost your wallet or do not have your card.
- For security, the code automatically expires after a short time.
- This method only lets someone make a certain withdrawal rather than giving them account access.
The generated code can be given to someone else so that they can use it, which makes it a convenient way to near-instantly transfer money, let friends or family make certain withdrawals in an emergency, pay someone or otherwise let them make a specific withdrawal from your account. Cardless cash is a useful feature, but only three of Australia’s big banks offer it, and even then it can only be used with certain types of accounts.
Getting a cardless cash account
To get a cardless cash account, you’ll first need to see whether your bank even offers this feature, and then find out which accounts it’s available with.
Does your bank account come with cardless cash?
Commonwealth Bank, St.George and Westpac all have their own cardless cash facilities with a few different accounts.
|Bank||Features||Accounts required||ATM availability||Learn more|
|St.George||Freedom, Complete Freedom, Express Freedom, Freedom Plus, Concession, Retirement Access, Sense Everyday||St.George, Bank of Melbourne and BankSA ATMs||Compare St.George accounts online|
|Commonwealth Bank||Most Everyday Accounts||Most Commonwealth Bank ATMs||Compare Commonwealth Bank accounts online|
|Westpac||Basic, Westpac One, Classic and Classic Plus, Cheque, Westpac Choice (you also must be registered for Westpac Protect SMS)||Westpac ATMs||Compare Westpac accounts online|
St.George cardless cash accounts
St.George Bank has cardless cash available with several specified accounts, as long as you have a debit or credit card linked to it. Most people should be able to find an account that’s both suitable for them and includes the cardless cash features.
|St.George account||Cardless cash?||Account features||Learn more|
|Complete Freedom Student||Y||Enquire|
|Sense Everyday Account||Y||Enquire|
Commonwealth Bank cardless cash accounts
Commonwealth Bank offers cardless cash with all personal transaction accounts, known as Everyday Accounts or Smart Access. These are flexible accounts designed to suit most people by offering good utility and reduced fees for everyday banking.
|Commonwealth account||Cardless cash?||Account features||Learn more|
|Commonwealth Bank Everyday Smart Access transaction accounts||Y||Enquire|
Westpac cardless cash accounts
Westpac has its own cardless cash feature called Get Cash, which is offered with a number of transaction, savings and combined accounts.
|Westpac account||Cardless cash?||Account features||Learn more|