8 Best Banks With No ATM Fees - NerdWallet (2024)

Don’t see your bank on this list of best banks to avoid ATM fees? Here’s what to do

Many of these bank accounts have other perks, such as no monthly fees. But if you don't want to switch banks, remember that nearly any financial institution will let you withdraw money for free from its own ATMs, and many now have apps that help you locate the nearest free ATM. Often, credit unions and community banks participate in larger shared ATM networks, too.

3 national banks’ large ATM networks

Most ATM access at online banks and credit unions relies on third-party networks, requiring an extra step of knowing which ATMs are in which network. Either you’d use an ATM locator on the institutions’ mobile app or website or become familiar with certain third-party ATM logos. However, several of the largest banks in the U.S. have sizable ATMs that are strictly their own, logos and all. Here are the top three:

  • Chase: More than 15,000 ATMs.

  • Bank of America: About 15,000 ATMs.

  • Wells Fargo Bank: About 11,000 ATMs.

What is an out-of-network ATM fee?

An out-of-network ATM fee is a service fee a bank charges you when you use an ATM that isn’t part of its network. In addition to your bank charging you an out-of-network ATM fee, the owner of the ATM you use might also charge a service fee.

How much is an out-of-network ATM fee

A typical out-of-network ATM fee from a national bank can be about $2.50 or $3 per instance. If you use an out-of-network ATM even just twice a month, you could be subject to as much as $72 in fees in one year.

How can I avoid out-of-network ATM fees?

You can avoid being charged out-of-network ATM fees in two main ways:

  • Using only ATMs owned by your bank.

  • Getting cash back when you use your debit card to make a PIN-based purchase from a retailer, though the maximum amount may be lower than at an ATM.

» MORE: Learn how to avoid ATM fees

What is an ATM fee reimbursem*nt?

Some banks offer ATM fee reimbursem*nts or refunds, which means that they credit your account for ATM fees you’re charged. For example, if you use an out-of-network ATM and are charged a fee by its owner, your bank would credit your account for that fee.

What are the banks that reimburse ATM fees?

From our list of the best banks to avoid ATM fees, the institutions that reimburse ATM fees are Alliant Credit Union, Axos Bank, Charles Schwab Bank, Consumers Credit Union, E*TRADE, EverBank, and LendingClub Bank.

8 Best Banks With No ATM Fees - NerdWallet (2024)

FAQs

What bank has the most fee-free ATMs? ›

Citi offers a variety of checking options with access to one of the largest fee-free ATM networks nationwide. And it also waives its fee for non-Citi ATMs as long as you meet the monthly balance requirements. The Citi Account Package waives the non-Citi ATM fee when you maintain a minimum monthly balance of $10,000.

What bank from an ATM doesn't charge a fee? ›

Certain banks and credit unions—especially online banks—offer checking accounts with no ATM fees (including no fees for ATM usage or ATM reimbursem*nts). Some of our top-rated accounts are provided by Axos Bank, Needham Bank, LendingClub, and Alliant Credit Union.

How to find an ATM with no fees? ›

Another option for surcharge-free ATMs is to use one that is in your bank or credit union's card network. Much like finding your bank's ATM, you can use the ATM locator tool or call your bank for help in finding a nearby surcharge-free ATM within your financial institution's network.

What is one way to avoid ATM fees? ›

Use in-network ATMs

There are several ways for you to avoid ATM fees, with the most simple one being to only use ATMs within your bank's network. You can generally locate the nearest fee-free ATM using your bank's mobile app. Online-only accounts often offer access to larger ATM networks than brick-and-mortar banks.

Which bank provide unlimited free ATM transactions? ›

Unlimited Free ATM Withdrawal with your IndusInd Bank Debit Card across any ATM in India. In Check-On-Cheque service, now get pictures of your issued cheques with your bank account statement – a first in the industry.

Which ATM is the best? ›

The HALO II is the best selling ATM in the industry. This ATM provides the best value of any retail cash dispenser with added peace-of-mind from enhanced security features at an affordable price. This member of the Nautilus Hyosung retail family offers an improved UL 291 business hours safe with added...

Does Bank of America charge ATM fees? ›

As a Bank of America account holder, you don't incur fees for withdrawals, transfers or balance inquiries at ATMs displaying the Bank of America name and logo. (Cash advance fees may apply to credit card accounts; please see your credit card agreement for details.)

How can I withdraw money without charges? ›

1] Get Card With No Advance Fees

The best option is to get a card that offers cash withdrawals without any charges or fees. While it might be difficult to find one of these cards, there are a few that do. In addition, such cards usually charge high joining fees. You may be wondering what kind of cards these are.

Is Walgreens ATM free for cash app? ›

No, Walgreens ATM is not free for Cash App. When using a Walgreens ATM with your Cash App, you will incur the $2.50 fee charged by Cash App, and there may be an additional fee imposed by the ATM operator.

Does Walmart ATM charge a fee? ›

ATM withdrawal (in- network) $0 “In-network” refers to all ATMs in our network that are surcharge-free. To find an in-network ATM, log in to your account at walmartmoneycard.com. ATM withdrawal (out-of- network) $2.00 This is our fee.

What bank owns Allpoint ATMs? ›

Allpoint Network is owned and operated by NCR Atleos.

What ATM is free for Credit Karma? ›

Are there fees with a Credit Karma Money Spend account? The Credit Karma Visa® Debit Card gives you access to 55,000 surcharge free ATMs in the Allpoint network, including ATMs at popular retailors like CVS, Walgreens, Kroger, and Target. Find them by downloading the Allpoint app or visiting www.allpointnetwork.com.

How much does Chase charge for ATM fees? ›

ATM Fees at Chase ATMs — $0.

Is there a fee for using an ATM from a different bank Wells Fargo? ›

There's no Wells Fargo fee for cash withdrawals, balance inquiries, or funds transfers at any ATM. (Fees charged by non-Wells Fargo ATM operator or network may apply.)

What is the highest ATM fee? ›

Total ATM fees vary from city to city, ranging from $5.33 in Atlanta at the high end to $4.24 in Boston.

What bank allows large ATM withdrawals? ›

What bank has the highest ATM withdrawal limit? Morgan Stanley allows account holders to withdraw $1,500 in a single transaction with a $5,000 daily withdrawal limit. Given the limits imposed by ATMs, you may need to access funds in multiple locations to be able to withdraw the full $5,000.

What bank has the highest daily ATM withdrawal limit? ›

ATM Withdrawal Limits at the Top Banks
InstitutionDaily ATM Withdrawal Limit
Capital One360 products: $1,000 Non-360 products: $600
TD Bank$1,000-$1,500, depending on card type
Citizens BankAll accounts except Citizens Quest: $500 Citizens Quest: $1,000
Morgan Stanley Private Bank$1,500–$5,000
14 more rows
Jun 30, 2023

Does Bank of America waive ATM fees? ›

ATM/Debit card rush fees are waived for all Preferred Rewards tiers. Non-Bank of America ATM fees are waived for withdrawals, transfers, and balance inquiries at the Platinum tier and above – one per statement cycle for Platinum; and unlimited for Platinum Honors and Diamond tiers.

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