Daily withdrawal limits at Bank of America ATMs

Bank of America sets a daily ATM withdrawal limit of $1,000 for most checking and savings accounts. This means you cannot withdraw more than $1,000 in a single day using an ATM, even if your account holds more money.

The limit resets at midnight each day, so if you withdraw $1,000 on Monday, you can withdraw another $1,000 on Tuesday. The limit applies to all Bank of America ATMs and to ATMs in the Allpoint network, which Bank of America customers can use without a fee.

Some accounts have different limits. If you have a premium account like Bank of America Preferred Rewards or a business account, your limit may be higher. The best way to find your specific limit is to log into your Bank of America online account, call customer service at the number on the back of your card, or ask at a branch.

Key Takeaways

  • Most Bank of America customers can withdraw up to $1,000 per day from any ATM.
  • The daily limit resets at midnight, so you can withdraw another $1,000 the next day.
  • Premium accounts and business accounts may have higher limits than standard accounts.
  • You can withdraw cash inside a Bank of America branch without hitting the ATM limit, as long as the branch is open.
  • If you need more than $1,000 in a single day, contact Bank of America to request a temporary limit increase.

Why Bank of America has withdrawal limits

ATM withdrawal limits exist for two reasons: security and fraud prevention. A lower daily limit reduces the damage if someone steals your debit card or learns your PIN. It also gives the bank time to notice unusual activity before large amounts leave your account.

The $1,000 limit is a standard amount across most major banks. It balances customer convenience with security — most people do not need more than $1,000 in cash on any given day, but the limit is high enough that it rarely causes problems for everyday banking.

Getting cash without hitting the ATM limit

If you need more than $1,000 in cash, you have options that do not involve waiting until the next day. The simplest is to visit a Bank of America branch during business hours and withdraw cash directly from a teller. Teller withdrawals do not count against your ATM limit, so you can withdraw as much as you need (within reason — very large withdrawals may require advance notice).

You can also use your debit card to make a purchase and request cash back at a store. Cash back transactions do not count against your ATM limit either. If you need $500 in cash and your account has $600, you could buy a $100 item and request $500 cash back.

Requesting a temporary limit increase

If you have a planned expense that requires more than $1,000 in cash — such as paying for a car repair or a large purchase — you can call Bank of America and request a temporary increase to your daily limit. You will need to explain why you need the increase and when you need it.

Bank of America usually approves temporary increases for customers in good standing. The increase typically lasts for a set period, such as one day or one week, and then returns to your normal limit. There is no cost to request an increase.

What happens if you try to withdraw more than your limit

If you attempt to withdraw more than your daily limit at an ATM, the machine will decline the transaction. You will not be charged a fee for the declined withdrawal, but the ATM will keep your card briefly while it processes the decline. You can then try again the next day or use one of the other methods described above to get the cash you need.

A declined withdrawal does not affect your account or your credit. It straightforward means the ATM cannot complete that particular transaction because it exceeds your limit.

ATM limits for different account types

Bank of America offers several account types, and some have higher ATM limits than others. Standard checking accounts typically have the $1,000 daily limit. Preferred Rewards customers — those who maintain higher balances or have other Bank of America products — may have limits of $2,000 or higher.

Business accounts often have different limits depending on the account tier and the business's banking history with Bank of America. If you have a business account, your limit may be higher than a personal account, or it may be customized based on your business's typical cash needs.

The easiest way to find out your specific limit is to log into your online account, where Bank of America displays your current ATM limit under account settings or security features.

Using ATMs outside the Bank of America network

Bank of America customers can use ATMs in the Allpoint network without paying a fee. Allpoint ATMs are located in grocery stores, pharmacies, and other retail locations across the country. Your daily withdrawal limit applies to Allpoint ATMs just as it does to Bank of America ATMs.

If you use an ATM that is not part of Bank of America or Allpoint, you will typically be charged a fee by both the ATM operator and Bank of America. The fee is usually $2 to $3 per transaction. Your withdrawal limit still applies, regardless of which ATM you use.

Frequently Asked Questions

Can I withdraw more than $1,000 if I have more than $1,000 in my account?

No. The daily limit is a restriction set by the bank, not by your account balance. Even if you have $10,000 in your account, you cannot withdraw more than $1,000 per day from an ATM. You can withdraw more by visiting a branch and speaking with a teller, or by requesting a temporary limit increase.

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

The limit resets at midnight Eastern Time, which is Bank of America's headquarters time zone. If you live on the West Coast, the reset happens at 9 p.m. your local time. This means you could potentially make two withdrawals in the same calendar day if you withdraw late at night and again early the next morning.

What if I forgot my PIN and need to withdraw cash?

You cannot withdraw cash from an ATM without your PIN. However, you can visit a Bank of America branch with your debit card and a photo ID, and a teller can withdraw cash for you. You can also reset your PIN through the Bank of America app or by calling customer service.

Do pending transactions count toward my daily ATM limit?

No. Only completed withdrawals count toward your daily limit. If you attempt a withdrawal and it is declined, it does not count. Pending transactions — such as debit card purchases that have not yet cleared — also do not count against your ATM limit.

Can I withdraw cash from a Bank of America ATM using my phone?

Bank of America offers a feature called cardless ATM withdrawal through its mobile app. You can request cash at a Bank of America ATM using your phone instead of your debit card. The daily limit still applies, and you will need to set up the feature in advance through the app.