ATM fees can add up quickly if you’re not careful. From out-of-network surcharges to international withdrawal charges, banks and ATM operators often take a cut when you access your own money. Fortunately, there are ways to avoid many of these fees — and even get them refunded in some cases. This guide explains how ATM fees work, strategies to reduce them, and when you can request a refund from your bank.
Common Types of ATM Fees
- ATM operator surcharge: A fee charged by the ATM owner, usually $2–$5 per withdrawal.
- Out-of-network fee: Your bank may add its own charge for using an ATM outside of its network.
- International withdrawal fee: A percentage (often 1–3%) added when withdrawing cash in a foreign currency.
- Balance inquiry fee: Some banks charge even for checking balances at ATMs outside their network.
How to Avoid ATM Fees
- Use in-network ATMs: Stick to your bank’s machines or partner networks like Allpoint or MoneyPass.
- Get cash back at checkout: Many debit cards allow free cash withdrawals when making a purchase at grocery or retail stores.
- Withdraw larger amounts less often: Fewer transactions mean fewer fee hits.
- Choose a bank with fee reimbursements: Some institutions, especially online banks, refund all ATM surcharges.
- Plan ahead for travel: Use partner ATMs overseas or carry a no-foreign-fee debit card.
When You Can Get ATM Fees Refunded
Many banks will refund ATM fees under certain circumstances. For example, some accounts automatically reimburse a set number of out-of-network withdrawals per month. Others may refund fees if you call and request it, especially if you’re a long-term or premium customer.
For a detailed breakdown of bank-by-bank refund policies, see our partner guide on how to get your ATM fees refunded.
Banks That Offer ATM Fee Refunds
Some banks and credit unions are especially friendly when it comes to ATM fee refunds:
- Charles Schwab: Unlimited global ATM fee refunds for checking account holders.
- Ally Bank: Up to $10/month in refunds for out-of-network fees.
- Chime: Wide in-network access and limited fee reimbursements.
- Smaller credit unions: Many local credit unions reimburse fees as part of their member-first philosophy.
Tips for Reducing Fees Even Further
- Track your withdrawals: Keep an eye on your activity so you know when fees are being charged.
- Switch accounts if needed: If your bank charges heavy ATM fees, it may be time to consider switching.
- Use mobile payment apps: Options like Apple Pay or Venmo can reduce your reliance on cash altogether.
FAQs
What’s the average ATM fee in the U.S.?
The average combined fee (bank + operator) is around $4–$6 per withdrawal.
Do all banks refund ATM fees?
No. Only certain banks and account types offer automatic or request-based refunds.
Can I get international ATM fees refunded?
Yes, some banks like Schwab refund international fees, while others only cover domestic charges.
How do I know if my bank refunds ATM fees?
Check your account terms, mobile banking app, or contact customer support for refund details.