Your daily ATM withdrawal limit at Bank of America

Bank of America sets a standard daily ATM withdrawal limit of $500 for most checking and savings accounts. This means you cannot withdraw more than $500 from an ATM in a single calendar day, even if you have more money in your account. The limit resets at midnight Eastern Time.

Your actual limit may be different depending on your account type, how long you have been a customer, and your account history. New accounts often start with lower limits. If you have been flagged for suspicious activity or have had overdrafts, your limit may be reduced. Business accounts and premium accounts sometimes have higher limits.

The $500 limit applies to ATM withdrawals only. It does not affect how much you can withdraw at a Bank of America branch during business hours, where you can withdraw larger amounts by speaking to a teller.

Key Takeaways

  • The standard daily ATM withdrawal limit is $500, resetting each day at midnight Eastern Time.
  • Your personal limit may be lower if you are new to the bank, have had overdrafts, or have been flagged for suspicious activity.
  • You can withdraw more than $500 per day by going to a Bank of America branch and asking a teller, with no set limit for in-person withdrawals.
  • If you need to raise your ATM limit, you can call Bank of America customer service or visit a branch to request an increase.

How to find your specific ATM limit

Your exact limit is tied to your account and card, not to all Bank of America customers. To find out what your limit is, log into your Bank of America online account or mobile app and look for account settings or card settings. Some apps show your daily ATM limit under "Card Controls" or "Transaction Limits."

You can also call Bank of America customer service at the number on the back of your debit card. A representative can tell you your current limit in less than a minute. If you are at an ATM and it declines your withdrawal, the machine will usually tell you that you have hit your daily limit.

What happens when you hit your limit

If you try to withdraw more than your daily limit, the ATM will decline the transaction. Your card will not be charged a fee for the declined withdrawal, and no money will leave your account. The ATM will display a message saying something like "Daily limit exceeded" or "Transaction cannot be completed."

You can try again the next day after midnight Eastern Time, when your limit resets. If you need cash urgently and cannot wait, go to a Bank of America branch during business hours and withdraw from a teller instead. Tellers do not have the same daily limits as ATMs.

Requesting a higher ATM limit

If $500 is not enough for your needs, you can ask Bank of America to raise your limit. Call the customer service number on the back of your card, or visit a branch in person. Be ready to explain why you need a higher limit—for example, if you run a cash-heavy business or travel frequently.

Bank of America will review your account history, including how long you have been a customer, whether you have had overdrafts, and whether you have had any fraud on your account. Customers with good account standing and longer history are more likely to get an increase. There is no may provide of approval, and the bank may offer you a limit lower than what you requested.

If you are approved, the new limit usually takes effect within one business day. You will receive confirmation by phone, email, or mail depending on how you made the request.

ATM withdrawal limits at other banks' machines

If you use an ATM that is not owned by Bank of America, your withdrawal limit may be different. Many ATMs operated by other banks or independent networks have their own limits, often ranging from $300 to $500 per day. Bank of America's limit applies to Bank of America ATMs, but the other bank's limit applies to their machines.

When you use an out-of-network ATM, you may also be charged a fee by both Bank of America and the ATM operator. Bank of America typically charges $2.50 per out-of-network withdrawal. The other bank may charge an additional $1 to $3. These fees are separate from your withdrawal limit.

Withdrawals at Bank of America branches

When you withdraw cash from a teller at a Bank of America branch, there is no daily limit like there is at ATMs. You can withdraw as much as you want in a single day, as long as you have the money in your account. You will need to show a valid ID and your debit card or account number.

Branches are open Monday through Friday during business hours, and some locations have Saturday hours. If you need to withdraw a very large amount—more than $5,000 or $10,000—it is a good idea to call ahead so the branch can have enough cash on hand. The bank may also ask you questions about why you need the cash, as part of federal reporting rules for large withdrawals.

Frequently Asked Questions

Can I withdraw $1,000 from a Bank of America ATM in one day?

No, not from an ATM. The standard limit is $500 per day. To withdraw $1,000, you would need to make two separate withdrawals on different days, or go to a Bank of America branch and ask a teller to withdraw the full amount for you.

Does my ATM limit reset at midnight or at a different time?

Bank of America ATM limits reset at midnight Eastern Time, regardless of what time zone you are in. If you are on the West Coast and withdraw $500 at 11 p.m. Pacific Time, your limit will reset three hours later at midnight Eastern Time.

What if I have multiple Bank of America accounts?

Each account has its own daily ATM limit. If you have two checking accounts, each one has a separate $500 limit. Withdrawals from one account do not count toward the limit on the other account.

Why did my ATM limit get lowered?

Bank of America may lower your limit if you have had overdrafts, if your account is new, or if there has been suspicious activity on your account. If you believe your limit was lowered in error, call customer service to ask why and to request a review.

Can I withdraw cash from my Bank of America account at other banks' ATMs?

Yes, you can use your Bank of America debit card at most ATM networks, but you will be charged a fee and may face a lower withdrawal limit set by that ATM's operator. Using Bank of America ATMs avoids the extra fee.