Bank of America's ATM withdrawal limits

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Knowing your ATM withdrawal limits isn't just about avoiding inconvenience; it can also protect your finances and help you plan better. Whether you're budgeting for the week, traveling internationally, or just wondering, "How much can I withdraw from a BofA ATM?", understanding your Bank of America ATM withdrawal limit is essential.

If you withdraw too much too quickly, you might hit a wall, literally and figuratively. Bank of America, like all financial institutions, places daily limits on cash withdrawals to safeguard against fraud and manage liquidity.

But don't worry; these limits vary by account type and can be increased in some cases. This guide will walk you through everything you need to know.

Let's break it down section by section to provide you with a comprehensive understanding of your ATM access with Bank of America.

Bank of America ATM withdrawal limits explained

Understanding how ATM withdrawal limits work with Bank of America can help you manage your day-to-day finances and avoid unnecessary interruptions. Whether you're new to banking with BofA or a long-time customer, it's useful to know what caps apply to your account and how to work within or around them.

These limits are put in place not only to prevent excessive withdrawals that could put pressure on cash reserves but also to add a layer of fraud protection. If someone were to gain access to your card, limits would minimize potential losses.

What is the standard BofA ATM withdrawal limit?

The Bank of America daily withdrawal limit for most checking accounts is $1,000 per day. This applies to standard ATM cards linked to individual checking accounts. However, it is not a one-size-fits-all rule. In some cases, limits can vary depending on customer status, card type, and even geographic location.

In fact, Bank of America routinely evaluates these thresholds and may make adjustments based on risk assessments or systemic changes. Some customers may also find that newly issued or replacement cards come with temporary lower limits, which are gradually raised based on usage history and security metrics.

Online banking and mobile app users can often view their current ATM withdrawal limit in real-time. If you're unsure of your current limit, checking through these platforms is the fastest way to get accurate information.

How withdrawal limits vary by account type

Not all accounts are equal. Bank of America sets its ATM withdrawal limit based on the type of account you hold. Students, for instance, typically have lower daily withdrawal thresholds, while premium clients with high balances or long-standing relationships may enjoy higher caps.

Here's a comparison chart showing general daily ATM withdrawal limits by account type:

Account type	ATM withdrawal limit (Daily)
Advantage SafeBalance Banking®	$500
Advantage Plus Banking®	$1500
Advantage Relationship Banking®	$1500¹
Student Banking	$500–$1,000
Bank of America Private Bank	$700-$1,000

These figures are ballpark estimates and may change depending on the specific setup or arrangement you have with the bank. Custom agreements or older legacy accounts may follow different rules.

Personal limits: Can they be customized?

Yes, they can. Bank of America offers flexibility for customers who need increased access to cash, either on a short-term or permanent basis. Your personal Bank of America ATM withdrawal limit per day can depend on a range of factors, including:

How long you've held the account
Average monthly balance
Creditworthiness and relationship tier
Whether you're part of a special client program (e.g., Preferred Rewards²)

Customers in good standing who frequently travel or need to make larger withdrawals can typically request limit adjustments directly via the mobile app, customer service, or branch.

Can I withdraw $5,000 from a Bank of America ATM?

This is one of the most frequently asked questions among Bank of America customers. The ability to withdraw large sums from an ATM sounds convenient, especially when you're in a hurry. But in practice, it's a bit more complicated.

While the idea of pulling out $5,000 in a single swipe might seem efficient, the bank's systems and machines aren't generally designed for that. Instead, Bank of America encourages large withdrawals to be done through controlled, secure in-person interactions.

Why you can't get $5,000 out of a BofA ATM

There are two key reasons why withdrawing $5,000 from a BofA ATM usually isn't possible:

Software limitations: The ATM software includes safety protocols and risk algorithms that prevent users from exceeding predefined thresholds. This helps prevent fraud and unexpected cash shortages at individual machines.
Physical constraints: Many ATMs do not carry enough large bills to dispense $5,000 at once. Machines are designed to serve many customers per day and are not refilled after each large transaction.

Even if your withdrawal limit technically allows it, the machine may simply be unable to process such a request. Trying to withdraw large amounts in smaller chunks may also flag security systems and temporarily freeze access.

If you need $5,000 in cash, you have several options:

Visit a branch: Most Bank of America branches can issue large sums in cash. You may be asked to show ID and sign paperwork.
Schedule in advance: For amounts over $10,000, it's advisable to call ahead and arrange for the cash to be ready.
Request a cashier's check: If you're making a payment, this is a safer and widely accepted option.
Use multiple days: Withdraw your daily max over several days or from different accounts/cards.

Daily and monthly limits

When managing your finances, it's essential to differentiate between ATM limits, teller limits, and any overarching monthly caps your bank may impose. Each has different purposes and affects your ability to access your funds.

Bank of America's ATM limits are primarily aimed at preventing fraud and maintaining operational consistency. But what if you want to know whether you have a monthly limit? Or how do teller limits compare?

Are there monthly limits?

Bank of America does not explicitly cap ATM withdrawals on a monthly basis. That said, heavy ATM usage might attract attention. The bank's automated fraud systems continuously monitor transactions and may place holds or request verification if patterns seem suspicious.

Furthermore, frequent withdrawals that push the envelope daily could increase the chance of temporarily losing ATM access. The bank might also reach out to you for confirmation in such cases.

Though there isn't a formal monthly ATM withdrawal limit, many accounts have monthly transaction limits related to checking or savings account activity. These are more relevant when you're moving funds between accounts or performing certain types of online transfers.

ATM withdrawal limits are typically $1000 daily³, depending on your account. Whereas, teller withdrawal limits often vary. You can often withdraw much larger sums through a teller. There's no hard daily limit, but withdrawals over $10,000 are reported to the IRS.

Keep in mind that large teller withdrawals may require a day or two of notice to prepare the cash.

Bank of America ATM fees

ATM fees can eat away at your funds if you're not careful. Understanding how much you may be charged, and when, is an important aspect of managing your Bank of America ATM cash limit wisely.

ATM usage fees vary depending on whether you're using a BofA machine, another bank's ATM domestically, or withdrawing abroad.

Fees for using non-BofA ATMs

Bank of America charges a $2.50 fee⁴ for using a non-BofA ATM in the U.S. This is on top of any fees the ATM operator may apply, which typically range from $1 to $5 per transaction. In many cases, you'll be shown a fee disclosure on-screen before proceeding.

To minimize these fees, consider using cash-back options at grocery stores or locating surcharge-free ATMs using BofA's mobile app.

Bank of America international ATM fees

For international travelers, the fees are higher. Here's what to expect:

$5 ATM usage fee per transaction
3% foreign transaction fee⁵ applied to the withdrawn amount

That means withdrawing the equivalent of $500 abroad could cost you over $20 in fees. To save, use ATMs from BofA's Global ATM Alliance partners, which waive or reduce some of these charges.

How to increase your ATM withdrawal limit

Needing more cash than your current limit allows isn't uncommon. Maybe you're traveling, making a large purchase, or just want the flexibility. Thankfully, Bank of America withdrawal limit ATM settings can often be changed temporarily or permanently.

Here are your options.

Step-by-step instructions

1. Via the Mobile App

Open your BofA mobile app
Go to "Menu > Help & Support > Contact Us"
Submit a request to increase your withdrawal limit

2. By calling customer support

Call 800.432.1000⁶
Explain your needs and verify your identity
Request a temporary or permanent limit adjustment

3. Visit your local branch

Bring a valid ID
Speak with a representative about adjusting your ATM cap

Note: Approval isn't automatic and may depend on your account history and client status.

BOA withdrawal limits FAQs

These are some of the most common questions asked about the Bank of America withdrawal limit 24 hours, and related topics. Knowing the answers can save you time and fees.

Can I increase my ATM withdrawal limit with Bank of America?

Yes, you can increase your ATM withdrawal limit with Bank of America by making a request via app, phone, or in-branch. Approval depends on factors like account standing, balance, and client level.

Is there a fee for using a non-BofA ATM?

Yes. BofA charges $2.50 per domestic out-of-network withdrawal, plus any additional fees imposed by the ATM operator.

What is the international ATM withdrawal fee?

When abroad, you'll pay $5 per ATM withdrawal, plus a 3% currency conversion fee.

What if I need more cash urgently?

Visit a branch for larger sums, request a limit increase via the app, or ask for a cashier's check. Some customers may also be eligible for cash advances through credit cards.

Conclusion

Understanding your Bank of America ATM withdrawal limit is more than just a number on your screen; it's a vital piece of information that affects your day-to-day financial flexibility.
From daily limits to international fees and adjustment options, being aware of these details puts you in better control. Whether you're a student, business owner, or premium customer, BofA offers options tailored to your needs.

So, always plan ahead, and you'll never be caught short at the ATM again.

Sources: all third party information obtained from applicable website as of July 18, 2025

https://www.cnbc.com/select/bank-of-america-advantage-relationship-banking-checking-account-review/
https://promotions.bankofamerica.com/preferredrewards/en
https://smartasset.com/checking-account/how-much-cash-can-you-withdraw-from-your-bank
https://www.bankofamerica.com/deposits/account-fees/
https://locators.bankofamerica.com/international.html
https://www.bankofamerica.com/customer-service/contact-us/about-bank-of-america/

This article is provided for general information purposes only and is not intended to address every aspect of the matters discussed herein. The information in this article is not intended as specific personal advice. The information in this article does not constitute legal, tax, regulatory or other professional advice from IDT Payment Services, Inc. and its affiliates (collectively, “IDT”), and should not be taken or used as such by any individual. IDT makes no representation, warranty or guaranty, whether express or implied, that the content in this article is current, accurate, or complete. You should obtain professional or other substantive advice before taking, or refraining from, any action on the basis of the information in this article.