Ryan Scribner is an angel investor in Yotta.
Yotta is a mobile app that offers users the chance to win cash prizes on a daily basis.
The good news is that withdrawing money from Yotta is a relatively straightforward process.
There are three methods for withdrawing money from your account, including using your Yotta Debit Card, transferring funds to your bank via ACH, or doing an instant transfer for a fee.
If you choose to use your Yotta Debit Card to withdraw cash, you can do so at any ATM that accepts Mastercard.
However, it's important to note that there may be fees associated with using an out-of-network ATM, so be sure to check with your bank to avoid unexpected charges.
Yotta partners with thousands of fee free ATMs across the US.
Transferring funds to your bank via ACH is another option for withdrawing money from Yotta.
This process typically takes 2-3 business days to clear, but it's important to note that weekends and holidays may delay the process.
If you're looking for a faster way to withdraw your funds, you can use the Instant Withdrawal feature. This feature allows you to withdraw up to $10,000 a day in real time using an externally linked debit card.
Unlike ACH transfers, which can take several days to clear, Instant Withdrawals are processed through card networks, allowing funds to transfer almost instantly.
However, it's important to note that there is a 1.5% fee associated with Instant Withdrawals (for transactions below $33.33 there is a $0.50 fee).
To initiate a withdrawal, simply follow these steps using the Yotta mobile app:
Be sure to read our full Yotta review here for more info!
This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.