How much can you withdraw from an ATM per day Bank of America?

Bank of America ATM Withdrawal Limits

As a Bank of America customer, understanding your daily ATM withdrawal limits is crucial for managing your finances effectively. While the standard withdrawal limit for Bank of America ATMs is $1,000 per day, certain factors can influence this limit.

Factors Affecting Withdrawal Limit

• Account Type: Different account types may have varying withdrawal limits. For example, checking accounts typically have higher withdrawal limits than savings accounts.
• Available Funds: The total balance available in your account can also impact your withdrawal limit. If your account balance is less than $1,000, your withdrawal limit will be capped at that amount.
• ATM Type: Bank of America offers different types of ATMs, including drive-up ATMs and branch ATMs. Some ATMs may have lower withdrawal limits, such as $500 or $300 per day.

Standard Withdrawal Limit

In general, Bank of America ATMs allow a maximum withdrawal of $1,000 per day, or up to 60 bills. This limit applies to both cash withdrawals and withdrawals through debit cards. However, if you exceed this limit, the ATM may charge a fee for the transaction.

Exceptions and Restrictions

Some accounts may have specific restrictions or exceptions to the standard withdrawal limit. For example, customers with Enhanced Checking accounts may have a higher daily withdrawal limit of $2,000. Additionally, if you need to withdraw a large amount of cash, you may be able to arrange a higher withdrawal limit by contacting your local Bank of America branch.

Tips for Managing ATM Withdrawals

To avoid any inconvenience while making ATM withdrawals, consider the following tips:

• Check your account balance before going to the ATM.
• If you need to withdraw a large amount of cash, consider using a branch instead of an ATM.
• Be aware of any fees that may apply for exceeding your withdrawal limit.
• If you have any concerns or need further assistance, contact your local Bank of America branch for support.

By understanding Bank of America’s ATM withdrawal limits and factors that can influence them, you can effectively plan your cash withdrawals and manage your finances with ease.