Bank of America's daily ATM withdrawal limit is usually $500, but it can be higher depending on your account type and history with the bank

Most Bank of America customers can withdraw up to $500 per day from an ATM. This is the standard limit the bank sets to protect your account from fraud and unauthorized use. However, the actual limit on your account may be different — some customers have higher limits, and some have lower ones. The limit resets each day, so if you withdraw $500 on Monday, you can withdraw another $500 on Tuesday.

Your limit depends on several things: how long you have banked with Bank of America, your account type, your account history, and whether you have had any suspicious activity. A customer who has maintained a checking account for five years without problems will likely have a higher limit than someone who just opened an account last month. Premium account holders — those with Bank of America Preferred Checking or higher-tier accounts — often receive higher limits automatically.

Key Takeaways

  • The standard Bank of America ATM withdrawal limit is $500 per day, though your personal limit may be higher or lower based on your account and history.
  • Your limit resets each calendar day, so you can withdraw another $500 tomorrow even if you hit today's limit.
  • You can find your specific limit by calling Bank of America customer service, checking your account online, or asking at a branch.
  • If you need to withdraw more than your limit allows, you can request a temporary increase by contacting the bank before you need the money.
  • ATM limits are separate from the amount you can withdraw at a teller inside a Bank of America branch, which may be higher.

How to find your personal ATM limit

Your Bank of America ATM limit is not the same as everyone else's, so you need to find out what yours actually is. The fastest way is to log into your Bank of America online account or mobile app. Look for account settings or account details — the limit is usually listed there under security or transaction limits.

If you do not use online banking, you can call Bank of America customer service at 1-800-432-1000 and ask what your daily ATM withdrawal limit is. Have your account number ready. You can also visit a Bank of America branch in person and ask a teller to tell you your limit.

What happens when you hit your limit

If you try to withdraw more than your limit at an ATM, the machine will decline the transaction. The ATM will not let you split the withdrawal into two separate transactions on the same day — once you have hit your limit, you cannot withdraw more until the next calendar day. The declined transaction will not charge you a fee, but some ATMs may charge a fee for the attempt itself if it is not a Bank of America ATM.

If the ATM declines your withdrawal, your money stays in your account. You can try again the next day, or you can go inside a Bank of America branch during business hours and withdraw cash from a teller, which may have a higher limit or no limit at all depending on your account and the amount.

Requesting a higher ATM limit

If you regularly need to withdraw more than $500 per day, you can ask Bank of America to raise your limit. Call customer service at 1-800-432-1000 or visit a branch and speak with a banker. Explain why you need a higher limit — for example, if you are paying for a home repair or a large purchase in cash. The bank may approve a temporary increase for a specific date, or a permanent increase if your account history supports it.

The bank will not raise your limit when ready over the phone in most cases. They may ask you to come to a branch, or they may review your account and call you back within a few business days. Plan ahead if you know you will need a large cash withdrawal.

ATM limits versus teller withdrawal limits

The $500 ATM limit is different from how much you can withdraw at a teller inside a Bank of America branch. Tellers can often withdraw larger amounts, sometimes with no daily limit at all, depending on your account type and the amount. If you need to withdraw $2,000 in cash, you may be able to do it at a teller even if your ATM limit is $500.

However, if you are withdrawing a very large amount — typically $10,000 or more in a single day — the bank is required by federal law to file a report called a Currency Transaction Report. This does not mean you have done anything wrong; it is a standard reporting requirement. The bank will not prevent you from withdrawing the money, but they will document it.

Why banks set ATM limits

Bank of America and other banks set daily ATM limits for two main reasons: to protect you from fraud and to manage the amount of cash in ATM machines. If someone steals your debit card or learns your PIN, a daily limit means they cannot drain your entire account in one transaction. The limit gives you time to notice the theft and contact the bank.

The limit also helps the bank manage cash distribution. ATMs have a limited amount of cash inside them, and setting daily limits helps may support that cash lasts throughout the day and that the bank can plan refills efficiently.

Using non-Bank of America ATMs

If you use an ATM that is not owned by Bank of America, your withdrawal limit may be different. Some ATM networks that Bank of America is part of — such as the Allpoint network or MoneyPass — may have their own limits. You may also be charged a fee by the ATM owner for using their machine, even though you are withdrawing from your Bank of America account.

To avoid fees and confusion, use Bank of America ATMs when possible. You can find a Bank of America ATM using the bank's website or mobile app, which shows locations near you.

Frequently Asked Questions

Can I withdraw more than my limit if I go to a branch instead of an ATM?

Yes, in most cases. Tellers at Bank of America branches can withdraw larger amounts than ATMs allow. However, very large withdrawals may require advance notice or may trigger federal reporting requirements. Call ahead if you plan to withdraw more than a few thousand dollars.

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

Your limit resets at midnight Eastern Time each day. If you withdraw $500 at 11 p.m., you will be able to withdraw another $500 after midnight, even though only an hour has passed.

What if I need cash urgently and I have already hit my daily limit?

Visit a Bank of America branch during business hours and withdraw from a teller, who may be able to process a larger amount. If all branches are closed, you may need to wait until the next day or use a credit card instead if the merchant accepts it.

Will requesting a higher ATM limit affect my credit score?

No. Asking Bank of America to raise your ATM limit is not a credit inquiry and will not affect your credit score. It is a straightforward account change that the bank can make without checking your credit.

Why was my ATM limit lowered?

Bank of America may lower your limit if there has been suspicious activity on your account, if you have had overdrafts or other account problems, or if you have not used the account for a long time. Call customer service to ask why your limit changed and to discuss raising it again.