Bank of America ATM Withdrawal Limits and How They Work

What Bank of America's ATM withdrawal limits are

Bank of America sets a daily ATM withdrawal limit of $500 for most checking and savings accounts, though the exact amount depends on your account type and history with the bank. If you need more cash than $500 in a single day, you have other options: you can withdraw money inside a branch during business hours, request a higher limit in advance, or use your debit card at a store for cash back.

The $500 limit is a daily rolling limit, meaning it resets every 24 hours from the time you make your first withdrawal. If you withdraw $300 at 2 p.m. on Monday, you can withdraw another $200 before 2 p.m. on Tuesday, then the limit resets again.

Some Bank of America accounts have different limits. Premium accounts or accounts held for many years may have higher daily limits. Business accounts often have separate limits that depend on the account agreement. The best way to know your specific limit is to check your account online, call customer service at 1-800-432-1000, or ask at your local branch.

Key Takeaways

• Most Bank of America customers can withdraw up to $500 per day from any ATM, and this limit resets every 24 hours.
• You can withdraw more than $500 by going inside a Bank of America branch during business hours and asking a teller for cash.
• Requesting a temporary or permanent increase to your ATM limit takes a phone call to customer service or a visit to your branch.
• Using your debit card for cash back at a store does not count against your ATM limit and may allow you to withdraw more in a single day.
• ATM limits exist to protect your account from fraud and unauthorized use if your card is lost or stolen.

How to withdraw more than $500 at an ATM

You cannot withdraw more than $500 from a Bank of America ATM in a single transaction if that is your daily limit. However, you can split the withdrawal across multiple ATM visits within the 24-hour window if your limit allows it — for example, withdrawing $250 twice. But the total across all ATM withdrawals cannot exceed $500 in 24 hours.

The fastest way to get more than $500 in cash is to visit a Bank of America branch in person. Walk in during business hours with your debit card or account information, and a teller can withdraw any amount you need directly from your account. There is no daily limit for in-branch withdrawals. Bring a photo ID if you do not have your debit card with you.

You can also use your debit card to get cash back at any store that accepts debit cards — grocery stores, pharmacies, and retailers like Target or Walmart. Cash back transactions are separate from ATM limits at many banks, though Bank of America counts them toward your daily limit. Call customer service before relying on this method to confirm whether your account treats cash back separately.

Requesting a higher ATM limit

Bank of America allows you to request a temporary or permanent increase to your daily ATM withdrawal limit. Call 1-800-432-1000 and speak with a representative, or visit your local branch and ask to speak with an account manager. Have your account number and photo ID ready.

The bank will ask why you need a higher limit and may review your account history and recent activity. If you have a good history with the bank and the request seems reasonable, they often approve it on the spot. Temporary increases may last 24 hours to a few days, while permanent increases stay in place until you change them again.

There is no may provide the bank will approve a higher limit. If your account is new, has had fraud issues, or shows unusual activity, the bank may decline or offer a smaller increase than you requested. If declined, ask what conditions would allow you to request again in the future.

Why Bank of America has ATM limits

ATM withdrawal limits protect both you and the bank. If your debit card is lost or stolen, a thief cannot drain your entire account in one day — they are capped at $500. This gives you time to notice the card is missing and report it to the bank before larger amounts are taken.

The limits also help the bank manage cash flow at ATMs. ATMs hold a limited amount of cash and need to be refilled regularly. If one customer could withdraw thousands of dollars, it would empty the machine faster and create service problems for other customers.

Federal regulations do not set a specific ATM limit — banks set their own. Bank of America chose $500 as a balance between security and customer convenience. Other banks may have limits of $300, $500, or higher depending on their policies.

ATM limits and fraud protection

If your debit card is stolen and someone uses it at an ATM, you are protected by federal law. Report the theft to Bank of America as soon as you notice it. If you report it within two business days, your liability is limited to $50. If you wait longer, you could be liable for up to $500 of unauthorized withdrawals.

The $500 daily ATM limit means a thief has a harder time stealing large amounts quickly. Even if they have your card, they cannot withdraw more than $500 per day from ATMs. This is one reason the bank maintains the limit — it is a built-in fraud protection layer.

If you see unauthorized ATM withdrawals on your account, contact Bank of America when ready. You can call 1-800-432-1000 or use the mobile app to report fraud. The bank will investigate and may reverse the charges while they look into it.

Using Bank of America ATMs versus other banks' ATMs

Your $500 daily limit applies whether you use a Bank of America ATM or an ATM owned by another bank. If you withdraw $300 from a Bank of America ATM and then try to withdraw $300 from a Citibank ATM, the second transaction will be declined because you have already used $300 of your $500 daily limit.

Using an out-of-network ATM (one that is not owned by Bank of America) may also charge you a fee. Bank of America charges $2.50 to $3 per out-of-network withdrawal, and the other bank may charge an additional fee. To avoid fees, use Bank of America ATMs when possible. You can find one using the Bank of America mobile app or website.

Some Bank of America accounts include fee waivers for out-of-network ATM use. Premium accounts or accounts with direct deposit may have this benefit. Check your account details online or ask your branch whether your account includes ATM fee waivers.

Frequently Asked Questions

Can I withdraw $500 multiple times in one day?

No. The $500 limit is a daily total, not a per-transaction limit. All ATM withdrawals in a 24-hour period add up to your limit. If you withdraw $500 at 10 a.m., you cannot withdraw any more from an ATM until after 10 a.m. the next day.

Does cash back at a store count toward my ATM limit?

Yes, at Bank of America, cash back transactions count toward your daily ATM limit. If you withdraw $300 from an ATM and then get $200 cash back at a grocery store, you have used $500 of your limit. Confirm this with your bank before relying on cash back as a separate option.

What happens if I try to withdraw more than my limit?

The ATM will decline the transaction and return your card. You will see an error message on the screen. The declined transaction does not count against your limit, so you can try again the next day or visit a branch for an in-person withdrawal.

Can I increase my limit permanently?

Yes. Call 1-800-432-1000 or visit your branch and request a permanent increase. The bank will review your account and may approve a higher daily limit. There is no set maximum — it depends on your account type and history with the bank.

Do international ATM withdrawals have the same limit?

Yes. Your $500 daily limit applies to ATM withdrawals anywhere in the world. International ATM withdrawals may also include currency conversion fees and foreign ATM operator fees on top of Bank of America's standard out-of-network fees.