Advertiser Disclosure
Many or all of the offers on this site are from companies from which Insider receives compensation (for a full list see here). Advertising considerations may impact how and where products appear on this site (including, for example, the order in which they appear) but do not affect any editorial decisions, such as which products we write about and how we evaluate them. Personal Finance Insider researches a wide array of offers when making recommendations; however, we make no warranty that such information represents all available products or offers in the marketplace.
Written by Laura Grace Tarpley, CEPF
2023-09-05T17:16:37Z
- ATM fees at national banks
- ATM fees at regional banks
- How much are ATM fees?
- How to avoid bank ATM fees
Our experts answer readers' banking questions and write unbiased product reviews (here's how we assess banking products). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.
- Many banks have free ATM networks but charge you for using an out-of-network ATM.
- The out-of-network ATM provider usually charges you an additional fee.
- Some banks don't charge ATM fees and even refund fees charged by ATM providers.
- Compare the best no fee checking accounts.
NEW LOOK
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview
Thanks for signing up!
Access your favorite topics in a personalized feed while you're on the go.
Depending on where you bank, you may have to pay ATM fees for using another financial institution's ATM network.
Here's what you can expect to pay in out-of-network ATM fees at the biggest national, regional, and online banks.
ATM fees at national banks
Most brick-and-mortar banks charge fees for using out-of-network ATMs. National banks tend to waive ATM fees on certain checking accounts, though. If you're interested in an institution but turned off by the fee, check whether there's a zero-ATM-fee account option.
| Company | Out-of-network ATM fee |
| Bank of America | $2.50 |
| BMO | $3 |
| Chase | $3 to $5 |
| Citi | $2.50 |
| Huntington Bank | $3.50 |
| Pentagon Federal Credit Union | $1.50 |
| PNC Bank | $0 to $3, Refunds some out-of-network ATM fees* |
| Regions Bank | $3 |
| Santander Bank, National Association | $3 |
| TD Bank | $0 to $3 |
| U.S. Bank | $2.50 |
| Wells Fargo | $2.50 |
ATM fees at regional banks
Regional banks tend to charge lower ATM fees than national banks. Not all regional institutions have accounts that refund fees charged by ATM providers, though.
| Company | Out-of-network ATM fee |
| Associated Bank | $3 |
| Comerica | $2 |
| Fifth Third Bank | $3 |
| First Horizon Bank | $3 |
| Golden 1 Credit Union | $2 |
| KeyBank | $3 |
| Security Service Federal Credit Union | $1.50 |
| Synovus Bank | $2.50 |
| United Bank | $2 |
| VyStar Credit Union | None |
ATM fees at online banks
Online banks typically have the most lenient ATM fees. Many won't charge you, and it's common for them to refund some fees charged by out-of-network ATM providers.
| Company | Out-of-network ATM fee |
| Affinity Plus Federal Credit Union | None |
| Alliant Credit Union | None, $20/month refunds |
| Ally | None, $10/month refunds |
| America First Credit Union Checking Account | $1.50 |
| Aspiration | None, 1 fee refund/month for Aspiration Plus Account |
| Axos | None, $8/month to unlimited refunds |
| Bank5 Connect | None, $15/month refunds |
| Bethpage Federal Credit Union | None |
| Betterment | None, unlimited refunds |
| BrioDirect | None, $20/month refunds |
| Capital One | None |
| CFG Bank | None |
| Chime | $2.50 |
| CIT Bank | None, $30/month refunds |
| Connexus Credit Union | None, $25/month refunds |
| Daylight | None |
| Discover | None |
| EverBank | None; $15 to unlimited monthly refunds, depending on your balance |
| First Internet Bank of Indiana | None |
| Kinly | $2.50 |
| LendingClub | None, $0 to unlimited refunds |
| Axos Bank - Nationwide | None, unlimited domestic refunds |
| NBKC Bank | None, $12/month refunds |
| Northern Bank | $2 |
| Premier Members Credit Union | None |
| Robinhood | None |
| Salem Five Direct | None, $15/month refunds |
| Service Credit Union | None |
| SoFi | None |
| Synchrony Bank | None, $5/month refunds |
| TAB Bank | $1 to $2 |
| Varo Bank | $2.50 |
| Wealthfront | $2.50 |
| Wings Credit Union | 10 fee refunds/month, $2,50 after |
How much are ATM fees?
Most banking institutions have free ATM networks. For example, as a Bank of America customer, you can use any Bank of America ATM for free. Online banks generally don't have their own ATM networks, but they often partner with a large network like Allpoint or MoneyPass so you have free access to thousands of ATMs around the US.
But you may incur ATM fees if you use a machine outside of the network. Here are some typical fees:
- Fees from the bank: The bank itself may charge you up to a few dollars for using an out-of-network ATM.
- Fees from the ATM provider: If you use an out-of-network ATM, the company servicing that machine will probably charge you an additional fee. Let's say you are a Bank of America customer who uses a non-Bank of America ATM. Bank of America would charge you $2.50, and the provider charges you $3. You'd pay $5.50 total for withdrawing money.
- International ATM fees: If you use an out-of-network ATM in a foreign country, you'll probably pay an additional fee on top of your bank ATM fee and provider ATM fee. Some banks charge their usual out-of-network ATM fee, and some charge a higher fee. For example, you'd pay $5 to withdraw money from a foreign ATM with Bank of America instead of the usual $2.50. You'd also pay a 3% foreign transaction fee, plus any fee the ATM provider may charge.
Some ATM providers may charge you for either withdrawing funds or checking your balance, while others will let you check your balance for free.
How to avoid bank ATM fees
Bank ATM fees can add up quickly. Here are some tips for paying less (or none at all):
- Choose a bank with no ATM fees. Not all banks charge out-of-network ATM fees. Consider one that either doesn't charge fees at all or has a checking account option with no fees.
- Choose a bank that refunds ATM fees. Even if an institution doesn't charge you for using an out-of-network ATM, the machine provider may. Some banks reimburse up to a certain amount every month in fees charged by an out-of-network provider. If you suspect you'll use non-network ATMs frequently, look for a bank that will refund you.
- Choose a bank with easily accessible ATMs. Maybe some of your top bank picks all charge ATM fees. You'll probably prefer the one with free machines near your home or office.
- Withdraw more money at once. Another solution is just to use ATMs less often. You can withdraw more money at one time rather than visiting ATMs frequently and paying multiple fees. The downside is that you may feel uncomfortable keeping a bunch of cash on hand.
Bank ATM fees can get expensive. But there are plenty of ways to avoid these charges, or at least pay less.
Laura Grace Tarpley, CEPF
Personal Finance Reviews Editor
Laura Grace Tarpley (she/her) is a senior editor at Personal Finance Insider. She oversees coverage about mortgage rates, refinance rates, lenders, bank accounts, and borrowing and savings tips for Personal Finance Insider. She was a writer and editor for Business Insider's "The Road to Home" series, which won a Silver award from the National Associate of Real Estate Editors. She is also a Certified Educator in Personal Finance (CEPF).She has written about personal finance for over seven years. Before joining the Business Insider team, she was a freelance finance writer for companies like SoFi and The Penny Hoarder, as well as an editor at FluentU. You can reach Laura Grace at ltarpley@businessinsider.com.Learn more about how Personal Finance Insider chooses, rates, and covers financial products and services »
Advertisem*nt
