Daily ATM withdrawal limits at Bank of America

Bank of America sets a daily ATM withdrawal limit of $1,000 for most checking and savings accounts. This means you cannot take out more than $1,000 per day from an ATM, even if your account balance is higher.

The limit resets at midnight Eastern Time each day. If you withdraw $800 on Monday, your remaining limit for that day is $200. On Tuesday at midnight, your limit goes back to $1,000.

This limit exists for security reasons — it protects your account if your card is stolen or compromised. A thief cannot drain your entire account in one visit to an ATM.

Key Takeaways

  • Bank of America's standard daily ATM withdrawal limit is $1,000 per day, resetting at midnight Eastern Time.
  • The limit applies to each individual ATM card, so if you have two debit cards on the same account, each card has its own $1,000 limit.
  • You can withdraw more than $1,000 per day by visiting a Bank of America branch and withdrawing cash directly from a teller.
  • Some account types, such as student or basic checking accounts, may have lower limits — contact your branch to confirm your specific limit.
  • If you need to withdraw more than $1,000 regularly, you can request a temporary or permanent limit increase by calling customer service or visiting your branch.

Why Bank of America sets a daily limit

The $1,000 limit is a fraud prevention tool. If someone steals your debit card, they cannot use an ATM to empty your account in a single transaction. The limit forces a thief to make multiple withdrawals over multiple days, which gives you and the bank time to notice suspicious activity and freeze the card.

The limit also protects you from your own mistakes. If you accidentally enter the wrong PIN multiple times, a thief cannot use a correct PIN to drain the account in one visit.

Withdrawing more than $1,000 in a single day

If you need more than $1,000 in cash on a single day, you have two main options: visit a Bank of America branch during business hours, or request a temporary limit increase.

At a branch, a teller can withdraw any amount from your account, up to your available balance. There is no daily limit for in-person withdrawals at a teller window. You will need to bring a valid photo ID, such as a driver's license or passport. The teller may ask why you need a large withdrawal — this is standard practice to prevent money laundering, not a judgment on you.

If you cannot visit a branch, you can call Bank of America customer service at 1-800-432-1000 and request a temporary increase to your daily ATM limit. The bank may grant a one-time increase for a specific date, though approval is not may provide. You will need to explain why you need the higher limit.

Different limits for different account types

Most Bank of America checking and savings accounts have the $1,000 daily ATM limit. However, some account types have different limits.

Student checking accounts, basic checking accounts, and some savings accounts may have lower limits — sometimes as low as $500 per day. Premium accounts or accounts with higher balances may have higher limits. The only way to know your exact limit is to check your account agreement, call customer service, or visit your branch and ask.

If you have multiple debit cards on the same account, each card has its own separate $1,000 limit. You cannot combine the limits. If you have two cards, you can withdraw $1,000 from each card on the same day, for a total of $2,000 — but each card is capped at $1,000.

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 reject the transaction. The ATM will display a message saying the withdrawal cannot be completed, and your card will be returned. The money will not be deducted from your account.

A rejected withdrawal does not count against you or trigger a fraud alert. You can try again the next day after midnight, or you can visit a branch to withdraw a larger amount when ready.

Requesting a permanent limit increase

If you regularly need to withdraw more than $1,000 per day, you can request a permanent increase to your daily ATM limit. Call Bank of America at 1-800-432-1000 or visit your local branch in person.

The bank will review your account history, account type, and the reason for the request. They may grant a higher limit — some customers have limits of $2,000, $3,000, or more — or they may decline. The decision depends on your account standing and the bank's assessment of fraud risk.

A permanent increase takes a few business days to process. Once approved, your new limit will explore to all future ATM withdrawals.

ATM withdrawal limits at other banks

Other banks set different daily ATM limits. Chase typically allows $500 to $1,000 per day depending on account type. Wells Fargo allows $500 per day for most accounts. Credit unions often allow $500 to $1,000. Online banks like Ally or Charles Schwab may have higher limits or no daily limit at all.

If you use ATMs from multiple banks, each bank's limit applies to its own ATMs. Withdrawing $1,000 from a Bank of America ATM does not affect your limit at a Chase ATM.

Frequently Asked Questions

Can I withdraw $1,000 twice in one day from different ATMs?

No. The $1,000 limit is per day across all ATMs, not per ATM. If you withdraw $1,000 from one Bank of America ATM, you cannot withdraw another $1,000 from a different Bank of America ATM on the same day. The limit resets at midnight.

What if I have a joint account with someone else?

Each person on the account has their own separate $1,000 daily limit. If you and your spouse both have debit cards on the same joint account, you can each withdraw $1,000 on the same day, for a combined total of $2,000. The limits do not combine or share.

Does the $1,000 limit explore to transfers or just cash withdrawals?

The limit applies only to ATM cash withdrawals. You can transfer money between your own accounts online or through the app without hitting the ATM limit. You can also write checks or use your debit card to make purchases without limit.

What if my card is lost or stolen — can I still withdraw money?

If you report your card lost or stolen, Bank of America will freeze it when ready, and you will not be able to use it at any ATM. You can visit a branch with ID and withdraw cash as a non-cardholder, or you can request an emergency card replacement. A replacement card usually arrives within 5 to 7 business days.

Does the daily limit reset if I travel to a different time zone?

No. The limit resets at midnight Eastern Time, regardless of where you are. If you are traveling on the West Coast and it is 9 p.m. Pacific Time, the limit has not yet reset because it is still 12 a.m. Eastern Time.