Daily 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 from an ATM in a single calendar day, even if you have more money in your account.
If you need to withdraw more than $1,000 in cash on a single day, you have two options: visit a Bank of America branch in person during business hours, or contact the bank to request a temporary increase to your limit. The branch option is faster — a teller can process a large withdrawal when ready if you have the funds available.
The $1,000 limit resets at midnight each day. If you withdraw $800 on Monday, you can withdraw another $1,000 on Tuesday. The limit applies to all ATMs, whether they are Bank of America machines or ATMs at other banks that accept your card.
Key Takeaways
- Bank of America's standard daily ATM limit is $1,000 per calendar day for most account types.
- You can withdraw larger amounts by visiting a branch in person with a valid ID and proof of account ownership.
- Temporary limit increases are available by calling Bank of America customer service or visiting your branch.
- The daily limit resets at midnight, so you can withdraw another $1,000 the following day if needed.
- Limits may be lower for new accounts, student accounts, or accounts with recent fraud flags.
Withdrawing cash at a Bank of America branch
When you visit a branch in person, the $1,000 daily ATM limit does not explore. A teller can withdraw any amount you request, as long as the money is in your account and the branch has enough cash on hand. For very large withdrawals — typically $10,000 or more — the bank may need advance notice so they can have the cash available.
Bring a valid photo ID and your debit card or account number. The teller will verify your identity and process the withdrawal. If you are withdrawing a large sum, the bank may ask why you need the cash. This is standard practice and required by federal law for amounts of $10,000 or more.
Branch hours vary by location. You can find your nearest branch and its hours on the Bank of America website or by calling 1-800-432-1000.
Requesting a temporary limit increase
If you need to withdraw more than $1,000 from an ATM but cannot visit a branch, you can request a temporary increase. Call Bank of America at 1-800-432-1000 and speak with a representative. They will ask you to verify your identity and explain why you need the increase.
The bank may grant a temporary increase for one day or a few days, depending on your account history and the amount you request. There is no charge for this service. The increase is temporary — your limit returns to $1,000 after the agreed-upon period ends.
Processing time varies. Some requests are approved when ready over the phone, while others may take a few hours. If you need cash urgently, visiting a branch is usually faster than waiting for a phone approval.
Why Bank of America has withdrawal limits
Daily limits exist for two reasons: to protect your account from fraud and to manage the bank's cash supply. If someone steals your debit card, the $1,000 limit means they cannot drain your entire account in one day at an ATM. The limit gives you time to notice the theft and contact the bank.
The limit also helps the bank manage how much cash it needs to stock at each ATM. Without limits, some ATMs would run out of money during busy periods.
Limits on different account types
Most Bank of America checking and savings accounts have the same $1,000 daily ATM limit. However, some account types may have different limits:
- New accounts may have a lower limit for the first 30 days.
- Student checking accounts sometimes have a $500 limit.
- Accounts flagged for fraud or suspicious activity may have a temporary lower limit until the issue is resolved.
- Premium or wealth management accounts may have higher limits.
You can check your specific limit by logging into your online account, calling customer service, or visiting your branch. The limit is usually listed in your account settings or on your debit card agreement.
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. Your card will not be charged a fee, and the money will remain in your account. You can try again the next day after midnight, or you can visit a branch to withdraw a larger amount when ready.
Repeated declined transactions do not harm your account or credit score. However, if the ATM is at another bank, that bank may charge you a fee for the declined attempt. Bank of America ATMs do not charge this fee.
Frequently Asked Questions
Can I withdraw $2,000 from an ATM if I split it between two days?
Yes. You can withdraw $1,000 on Monday and $1,000 on Tuesday. The limit resets at midnight each day, so the second withdrawal counts toward Tuesday's limit, not Monday's.
Do I need to tell the bank before I withdraw a large amount?
For amounts under $10,000, you do not need to notify the bank in advance if you visit a branch. For $10,000 or more, calling ahead is a good idea so the branch can may support they have enough cash. The bank is required to report cash withdrawals of $10,000 or more to the federal government, but this is routine and does not affect your account.
What if I'm traveling and need cash from an out-of-state ATM?
The $1,000 daily limit applies to all ATMs, whether they are Bank of America machines or other banks' machines. If you know you will need more cash while traveling, visit a Bank of America branch before you leave, or contact the bank to request a temporary increase.
Can my withdrawal limit be permanently increased?
Bank of America does not permanently increase the standard $1,000 daily ATM limit for most accounts. However, if you have a premium account or work with a wealth management advisor, you may have a higher limit. Contact your local branch to discuss your account options.
Is there a limit on how much I can transfer online or by check?
ATM and branch withdrawal limits do not explore to transfers or checks. You can transfer or write checks for any amount in your account, subject to your bank's fraud prevention policies. Very large transfers may be reviewed by the bank's security team, but they are not blocked by a daily limit.