Bank of America ATM Withdrawal Limits and Daily Caps

How much you can withdraw from a Bank of America ATM in one day

Bank of America sets a standard daily ATM withdrawal limit of $500 per 24-hour period for most checking and savings accounts. This means you cannot withdraw more than $500 from any Bank of America ATM or non-Bank of America ATM using your Bank of America debit card within a single calendar day, even if you visit multiple machines.

The 24-hour period resets at midnight Eastern Time. If you withdraw $300 at 11 p.m., you can withdraw another $200 before midnight, but you cannot withdraw anything until the next day begins.

Some Bank of America account types have different limits. Premium accounts, such as Preferred Rewards accounts at higher tiers, may have higher daily withdrawal limits — sometimes $1,000 or more — but this depends on your specific account tier and your relationship with the bank. You can check your exact limit by logging into your Bank of America online account, calling 1-800-432-1000, or visiting a branch.

Key Takeaways

• The standard Bank of America ATM withdrawal limit is $500 per 24-hour period for most accounts.
• The daily limit applies across all ATMs — Bank of America machines and other banks' machines — when you use your Bank of America debit card.
• Premium Bank of America accounts may have higher limits, ranging from $750 to $1,000 or more depending on your account tier.
• You can request a temporary increase to your daily limit by contacting Bank of America directly, though approval is not may provide.

Why Bank of America sets daily ATM limits

Daily withdrawal limits exist to protect your account from fraud and unauthorized use. If someone gains access to your debit card or card number, the limit caps how much they can take out in a single day. This is a standard security measure across the banking industry, not unique to Bank of America.

The limit also helps the bank manage cash flow at ATM locations. ATMs hold a finite amount of cash, and daily caps prevent any single customer from depleting a machine, which would leave other customers unable to withdraw funds.

Withdrawing more than your daily limit

If you need to withdraw more than $500 in a single day, you have several options. The most straightforward is to visit a Bank of America branch during business hours and withdraw cash directly from a teller. Teller withdrawals are not subject to the same daily ATM limits, though the teller may ask questions about large withdrawals (typically $10,000 or more) as part of federal reporting requirements.

You can also request a temporary increase to your daily ATM limit before you need it. Call Bank of America at 1-800-432-1000 and explain why you need a higher limit. The bank may grant a one-time increase or a temporary increase lasting several days. There is no may provide your request will be approved, and the bank may deny it or offer a smaller increase than you requested.

Another option is to withdraw cash over multiple days. If you need $1,000, you could withdraw $500 today and $500 tomorrow. This works if you have time to plan ahead.

ATM limits for different account types

Bank of America offers several account tiers, and withdrawal limits vary by tier. A standard checking account typically has a $500 daily limit. Preferred Rewards accounts — which require a minimum balance or direct deposit — may have limits of $750, $1,000, or higher depending on whether you are in the Gold, Platinum, or Diamond tier.

If you hold a Bank of America business account, your daily ATM limit may differ from personal accounts. Business accounts sometimes have higher limits, but this varies by account type and your business relationship with the bank. Contact your business banker or call 1-800-432-1000 to confirm your specific limit.

Student accounts and accounts for minors may have lower limits than standard accounts. If you manage an account for someone under 18, ask the bank about the withdrawal cap on that account.

Withdrawals at non-Bank of America ATMs

The $500 daily limit applies whether you use a Bank of America ATM or an ATM owned by another bank. When you use your Bank of America debit card at a non-Bank of America machine, the withdrawal counts toward your daily limit with Bank of America, not with the other bank.

Using non-Bank of America ATMs may also trigger a fee. Bank of America charges a $2.50 out-of-network ATM fee for each withdrawal at machines not owned by Bank of America. Some accounts waive this fee — for example, Preferred Rewards Diamond members do not pay out-of-network fees — but most accounts charge it. The fee is deducted from your account in addition to the amount you withdraw.

To avoid fees, use Bank of America ATMs when possible. Bank of America has over 16,000 ATMs nationwide, and you can find the nearest one using the Bank of America mobile app or website.

What happens if you try to exceed your limit

If you attempt to withdraw more than your daily limit at an ATM, the machine will decline the transaction. The ATM will display a message saying the withdrawal cannot be processed, and your card will be returned. The declined transaction does not count against your limit, so you can try again the next day or visit a branch.

A declined ATM withdrawal does not trigger a fraud alert or lock your account. It is a normal security measure. However, if you see multiple declined transactions in a short time, it may indicate someone is trying to use your card without permission. If that happens, contact Bank of America when ready at 1-800-432-1000 to report potential fraud.

Requesting a permanent limit increase

If you regularly need to withdraw more than your current daily limit, you can request a permanent increase. Call Bank of America at 1-800-432-1000 and ask to speak with a representative about raising your daily ATM withdrawal limit. Be prepared to explain why you need the increase — for example, if you run a cash-based business or have regular large expenses.

Bank of America will review your account history, account type, and relationship with the bank before deciding. A permanent increase is more likely if you have maintained a good account standing, have no history of fraud or overdrafts, and hold a premium account tier. Even with approval, the bank may not increase your limit as much as you requested.

There is no fee to request a limit increase, and the request does not affect your credit score. The decision is based on Bank of America's internal assessment of your account.

Frequently Asked Questions

Can I withdraw $1,000 from a Bank of America ATM if I split it into two transactions?

No. The daily limit is cumulative across all transactions within a 24-hour period. If you withdraw $300 and then try to withdraw $700, the second transaction will be declined because together they exceed $500. You must wait until the next day to withdraw the remaining amount, or visit a branch and withdraw from a teller.

Does the daily limit reset at midnight in my time zone or Bank of America's time zone?

The limit resets at midnight Eastern Time, regardless of where you live. If you are on the West Coast and withdraw $500 at 10 p.m. Pacific Time (1 a.m. Eastern Time the next day), that withdrawal counts toward the next day's limit, not the current day.

What if I have multiple Bank of America accounts?

Each account has its own separate daily ATM withdrawal limit. If you have a checking account and a savings account, you can withdraw $500 from each account in the same day for a total of $1,000. However, the limit is per account, not per card or per person.

Will Bank of America increase my limit if I have a large balance?

Account balance alone does not may provide a higher limit. Bank of America considers your account type, account history, and relationship with the bank. A Preferred Rewards account with a high balance is more likely to have a higher limit than a standard account with the same balance, but the bank makes the final decision based on multiple factors.

Can I withdraw cash using my debit card at a store instead of an ATM?

Yes. Cash back at a store checkout does not count toward your daily ATM withdrawal limit. You can withdraw cash back at grocery stores, pharmacies, and other retailers that offer the service. However, not all stores offer cash back, and some limit the amount you can withdraw per transaction. This is a good option if you need cash and have reached your ATM limit.