How Much Can You Withdraw from an ATM?
Answered + How to Get More

How much can you withdraw from an ATM? The answer to this question varies depending on a number of factors. Don’t worry, we’ve uncovered these factors for you so you know how to withdraw the cash you need.

How Much Can You Withdraw from an ATM?

How much money can you take out of an ATM depends on your bank. Banks usually impose a restriction per withdrawal (and/or per day). This withdrawal limit changes from bank to bank and even customer to customer. Please note that if your bank limit varies based on your account, you’ll get a letter in the mail with your debit card that tells you how much you can withdraw per day. If you lose this letter, you can always contact your bank with the contact information we’ve listed below.

1. Ally Bank

2. Bank of America

  • Limit: Limits vary based on your account. By default at Bank of America ATMs, personal checking accounts can withdraw a maximum of 40 bills at a time (if the ATM dispenses $20 bills, that’s an $800 limit).
  • Contact: To increase or decrease your ATM withdrawal limit, call (800) 432-1000, go to a Bank of America branch, or sign in to Online Banking, go to the Information & Services tab, and click on activate your card & set spending limits.
  • Source: Bank of America FAQs: ATMs
  • Find a nearby Bank of America ATM

3. CapitalOne

4. Charles Schwab

5. Chase

  • Limit: Varies based on your account.
  • Contact: Call (800) 935-9935 to check how much money you can take out of an ATM.
  • Source: Customer service
  • Find a nearby Chase ATM

6. Citi

  • Limit: Varies based on your account.
  • Contact: If you want to know or change your withdrawal limit, call (800) 374-9700.
  • Source: Customer service
  • Find a nearby Citi ATM

7. Citizens Bank

8. Discover

9. HSBC

10. SunTrust Bank

11. TD Bank

12. Wells Fargo

How Do You Increase the ATM Withdrawal Limit?

If you need to make a big purchase and withdraw more money than your bank allows, you can usually get your bank to temporarily increase your ATM withdrawal limit. All you need to do is call. How much of an increase you get will depend upon your individual circumstances, but your increase will be applied instantly.

Let’s say you need to withdraw $1,000 but your bank only lets you withdraw $500 per day and you don’t realize this until you get to the ATM. While you’re at the ATM, you can call your bank, ask for a limit increase, and probably be able to withdraw the full $1,000 within minutes. This increase is usually only temporary, but it will last long enough for you to withdraw the emergency cash you need.

Alternative Ways to Withdraw Cash

ATM limits reset at 12 a.m. every day. This means if you have some extra days until you need the money, you can just make multiple trips to the ATM and withdraw the maximum each day. But, if this isn’t for you, here are plenty of other ways of getting around withdrawal limits.

Get a Cash Advance

Use your debit card to get a cash advance from a teller at any bank. It’s a bit like the above method of withdrawing in person, except you can go to any bank. However, keep in mind that banks charge for this service, which makes it more expensive than withdrawing money from your own bank. Bank of America charges 4 percent of your transaction or $10, whichever is greater. Chase charges 5 percent of your transaction or $10, whichever is greater. There are limits on cash advances but they’re usually higher than ATM withdrawal limits — and you can use the two together.

Get Cash Back

Getting cash back from stores is an easy way to bypass ATM withdrawal limits. Simply buy something and ask for cash back. Your debit card will be charged the total of your purchase, plus the cash you receive.

Some stores may have an upper limit to how much cash back you can receive and how many times you can do it in one day. Remind you of ATM max withdrawal limits? Don’t worry — if you’ve maxed out at one store, simply go to another store. Repeat the process until you have what you need. This isn’t the quickest or easiest solution, but if you’re in a pinch, it will do the trick. See our article for a detailed list of stores that offer cash back.

Go to Your Bank

You can withdraw as much as you’d like from inside your bank — empty your whole account if you please. (If you’ll be withdrawing a large sum of cash — above $10,000 in most cases — you’ll generally need to submit 24 hours advance notice to your bank to ensure that the branch has enough funds on hand. Contact your financial institution for bank-specific policies on large withdrawals.) Obviously, this method does restrict you to bank hours. But, if you want to bypass the ATM cash withdrawal limit, this is an easy way of doing so.

Pay to the Order of: Cash

Still have a checkbook? You can get cash by writing a check from yourself, to yourself. In the “To” field, just write “Pay to the Order of: Cash.” Bring the check to any place that will cash a check, and they’ll hand you cash.

In Summary

How much money can you take out of an ATM? Unfortunately, there is no universal ATM max withdrawal number. ATM withdrawal limits vary from bank to bank and even customer to customer. If you need more money than your withdrawal limit allows, just call your bank, ask them to raise your daily withdrawal limit, and then go to an ATM.

Need more money? See these articles about if overdrafting is something you want to consider: How to Overdraft at an ATM and How Much Can I Overdraft My Checking Account? The Answer…

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15 thoughts on “How Much Can You Withdraw from an ATM? Answered + How to Get More

  1. I have just recently opened an account, and new to the whole ‘bank’ or deal. I created an account at the bank in town, which has an ATM. I was wondering, if I got money from the ATM, would that money be coming out of my money, and/or would I owe that money back? And if you have anything else to add from your knowledge, please do so. Meaning, if you have anything you were wondering when you were in my position(new)

    1. Hi Kota,

      You have a cool name, by the way. No matter what ATM you use, the money will always be debited from your current account balance. This means you’ll owe no interest. It’s just the same as walking into the bank and asking the teller to give you the money. But some ATMs charge fees. What’s best is to ask your bank for a list of which ATMs are free for their customers to use. They will quickly provide you with a list of fee-free ATMs that will also likely be posted online. Make sure to reference that list whenever you want money from an ATM. If there’s not a fee-free ATM available when traveling, my advice is to go to a store that gives cash back after a purchase. You simply buy something like a $2 drink and then ask for $40 in cash back. A store like Walmart will give you hundreds in cash back for free: https://firstquarterfinance.com/cash-back-limit-at-walmart-credit-card-debit-check/ You’re wise to get a bank account and it’s pretty hassle-free. Banks make it easy for new account holders in hopes that they will soon get a loan/mortgage. Because that’s when banks actually make real money on you. If you have any other questions, just let me know! Happy to help.

    1. $100 is an extremely low withdrawal limit. A limit this low is typically only imposed if there’s been a security concern with the account and the bank is limiting the withdrawal amount to reduce its risk. And yes, bank’s get to choose the withdrawal limits so it is legal.

    1. Hi Gwen,

      Although some banks set an account-specific withdrawal limit, most of the places we found have a much higher daily limit than $50, so you would be able to draw well over $50 over a week (the limits reset every day). Hopefully this helps!

  2. Hey, just wanted to let you know that you actually cannot withdraw your entire account in cash, at will. As a regular customer, (someone with less than a total of $1mm plus in total accounts), most banks will require a 24 hour notice for withdrawal of more than 10k in cash, on a single account, in order to ensure there is enough cash on hand for this transaction and the rest of business day. Also, it helps to have sufficient time to prepare all the required IRS documents needed for a withdrawal $10k and up. Incidentally, withdrawing $9,999.99 is not reported. Although, if done consistently enough, throughout a certain period of time on back to back days, it can spark an IRS investigation providing ample probable cause that funds are being laundered illegally because it’s atypical for the average joe to ever need that much cash with the convenience of cards.

    That being said, absolutely with enough notice can one withdraw all their funds from an account in cash with reasonable notice to the bank depending on the value of the account.

    Source: working as a vault teller for a number of years a several different banks within greater Seattle area.

    1. Hi Stacy,

      You’re definitely right about the restrictions on withdrawing large sums from a bank without prior notice. I’ve updated the article to reflect your contribution. Thank you for bringing this to our attention!

  3. Of my bank is closed and I need to adjust my atm withdrawal amount can this be done..

    1. Hi Derrick,

      This will depend largely on your bank. Most banks require you to call in to a customer service line to adjust your ATM withdrawal limit, and the hours for the customer service line may or may not match the standard opening hours for the bank’s branches. If you haven’t already, you can always try calling the customer service number for your bank to see if the line is open even when the bank itself is closed. Some banks also allow you to adjust your ATM withdrawal limit through an online portal, so you can check to see if this is an option at your bank as well. (You can find the contact numbers for a greater number of banks and credit unions in this FQF article.) Unfortunately, if your bank doesn’t provide this option to go through an online portal to make the adjustment and the customer service line is closed, you’ll need to wait until the phone line re-opens before you change the ATM withdrawal limit. Best of luck!

  4. I need $800 out of my checking account. My atm limit is $500. It is 7pm on a Saturday so I cannot go into the bank. I called my bank and I got through to “card services” to see about an increase for the atm limit. I was told a supervisor would need to review the account, while I waited on hold.

    After a 3 minute hold, the representative came back and told me my request was denied because my last deposit (which was made yesterday via wire transfer from another bank) was “too recent”. She said the deposit would have to be at least 10 days old.

    This makes no sense to me because I could have gone to the bank yesterday and withdrawn the entire account in cash without a problem. She also said that they look at the balance (over $5,000 today), the amount of time I have been a customer (over 10 years in my case) and that all accounts are current (I have a checking, a savings and a visa with them, all current).

    So very weird and quite frustrating….

    1. Hi Dee,

      I’m sorry to hear about your frustrating experience with your ATM limit! It seems that most banks keep the ATM limit lower than the withdrawal limit at a branch as a means to deter theft or fraud, both by limiting the amount of cash in the ATM machine and by limiting the amount of money that someone could withdraw if they had unauthorized access to your card and PIN. Unfortunately, there are limited options if the bank declines to increase your ATM limit, so you may simply have to wait it out until the last deposit is over 10 days old, per the bank’s policy, before you can have the ATM limit increased. I hope you’re able to get the $800 you need, whether by withdrawing $500 yesterday and $300 today or withdrawing the entire amount at a branch tomorrow. If you have a checkbook, you can also write a “Pay to the Order of: Cash” check and have it cashed at one of the stores that will cash a check on a Sunday. Best of luck!

      1. There are many grocery stores where you can do a POS withdrawal. POS is point of sale. POS doesn’t go against the daily withdrawal limit on your account. My local grocery store has a $200 cash back on atm limit. When I have needed more, I get back in line at another cashier!

        1. Hi Dee,

          You’re correct! Getting cash back when making purchases is a great way to get around your daily ATM limit.

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