Debit Card Withdrawals

How do I initiate an debit card withdrawal?

Before you initiate a withdrawal, ensure that your linked debit card is verified. Debit card withdrawals require an active and verified connection with your Webull account. Please also note that all debit card withdrawals are subject to a 1.75% fee of the transfer amount, that is taken from the cash balance. To proceed with an debit card withdrawal on all platforms, please follow these steps:

App:

1. Tap the Webull logo (bottom center) to select your account.
2. Select Transfers ➝ Transfer Money.
3. Tap the switch icon to switch the transfer direction. To withdraw funds from your Webull account, ensure that the "To:" field shows your debit card.
4. Enter withdrawal amount.
5. Tap Review and Submit.

Desktop:

1. Hover over the icons on the left and click Account (if hidden, click on More).
2. Within the Banking widget, select Withdraw. This will guide you to the Transfer Money page on the web.
3. Choose the debit card in the To field.
4. Enter the withdrawal amount and select Review.
5. Once reviewed, select Submit.

Web:

1. Navigate to My Account (top right).
2. Select Transfer Money.
3. Tap the switch icon to switch the transfer direction, to withdraw funds from your Webull account.
4. Choose the debit card in the To field.
5. Enter the withdrawal amount and select Review.
6. Once reviewed, select Submit.

When will I receive my debit card withdrawal?

Debit card withdrawals are typically processed instantly. However, in some cases, it may take up to 30 minutes to complete.

Why is my debit card transaction taking longer than 30 minutes?

Debit card processing times may vary depending on the receiving financial institution. Also, certain debit card withdrawals may be subject to manual review to ensure your financial information security, prolonging the processing time.

What is the daily maximum withdrawal limit for a debit card?

The daily withdrawal limit for debit card transactions is $10,000.