How do debit card withdrawals work?
Withdrawing funds to a debit card uses a process called OCT, or Original Credit Transaction, where funds are sent to your bank account via the debit card associated with it. Debit card withdrawals facilitate a faster and more direct method of withdrawing your funds from the Uphold platform.
Important notice: This feature is only available for US and UK residents.
- Go to "Transact" in the application.
- Select your source of funds.
- Tap on "Select Destination."
- Under “My Cards”, select the card you want to withdraw your funds to. If you haven't added one yet, tap "+" to add a compatible debit card.
Please note: When selecting a card from “My cards”, only domestic cards will be displayed, i.e., your card's issuer country must match your account address.
Debit card withdrawals are usually completed within minutes, but in some specific cases it may take up to 2 days. Cards compatible with instant withdrawals will have a lightning icon next to them for easy identification.
Only cards that support a process called OCT (Original Credit Transaction) can receive withdrawals this way. To ensure your card’s compatibility, follow these steps:
- Open the application and select the “More” option.
- Navigate to “Linked Accounts”.
- Under the “My Cards” section, tap on your desired card to access its details.
- Within the card details preview, look for information indicating whether your card supports standard withdrawals or instant withdrawals.
These cards support OCT based on country:
Please note: We only support domestic payouts, i.e. your card's issuer country must match your account address.
| US | UK | |
| Visa debit | √ | √ |
| Mastercard debit | X | √ |
Please note: We only support domestic payouts, i.e. your card's issuer country must match your account address.