ATMs are our salvation when we seek to obtain cash quickly, easily and without the need to stand in long lines, since compared to going to a bank window, ATMs are usually more comfortable and easy to access. However, they will have a limited amount of cash that can be withdrawn.
The first thing you should know is that the cash limits of ATMs will vary according to the financial institution or credit union to which it belongs. And it is that these can range from $300 dollars to $1,000 dollars per day in the United States. Everything will also depend on the type of bank account you have. These limits exist as a way to protect consumers and financial institutions from theft and/or fraud.
What are the ATM cash limits at major banks?
As we mentioned before, everything will depend on each financial institution. The most important banks in the United States manage the following cash limits to withdraw at ATMs:
- Ally Bank: $500 dollars a day for the first 90 days, and after that it will allow you to withdraw up to $1,000 dollars a day
- Bank of America: It is variable, since it depends on the type of account the client has.
- Capital One: $1,000 daily
- Chase: It is variable, since it depends on the type of account that the client has.
- Citi: From $1,500 to $2,000 dollars per day. It all depends on the type of account you have.
- Navy Federal Credit Union: Allows you to withdraw $1,000 dollars a day.
- PNC Bank: It is variable, since it depends on the type of account the client has.
- Regions Bank: Allows you to withdraw $808 dollars a day in cash.
- US Bank: Allows you to withdraw up to $500 dollars in cash per day.
- Wells Fargo: Allows you to withdraw $300 dollars a day in cash.
If you are looking to withdraw a large amount of money, such as $5,000 dollars, then we must tell you that generally no ATM will give you such a number. In that case, you have to go directly to the window of the bank or cooperative to make the transaction.