Does bank of america charge a fee for using an atm or debit card

Q: Does the Bank of America have ATM fees?

As a Bank of America account holder, you dont incur fees for withdrawals, transfers or balance inquiries at ATMs displaying the Bank of America name and logo.

Q: Does Wells Fargo charge a fee for using an ATM or debit card?

Theres no charge for Wells Fargo customers to withdraw, deposit and transfer money or print an account statement as long as they transact at a Wells Fargo ATM. Withdrawing cash from non-Wells Fargo ATMs costs $2.50 per withdrawal. Balance inquiries and fund transfers at any other bank cost $2 each.

Foreign transaction fees can add up fast when using your debit card abroad. The fees are often 1% to 3% of the amount of a purchase, and many banks also apply the fee to ATM withdrawals.

Table of Contents Show

Banks with no debit card foreign transaction or ATM fees
Foreign transaction fees by bank or credit union
What to do if a fee seems too expensive
Does the Bank of America have ATM fees?
Is there a fee for using debit card at ATM?
Does Wells Fargo charge a fee for using an ATM or debit card?

Below, we compare the amount financial institutions charge to make an international ATM withdrawal or debit card purchase.

Banks with no debit card foreign transaction or ATM fees

Capital One 360

Capital One’s online bank stands apart from many banks because it doesn’t charge a currency conversion fee or a fee for using a foreign ATM network. If an out-of-network ATM operator charges you a fee, however, it won’t be reimbursed by Capital One 360.

Charles Schwab Bank

This brokerage firm’s banking unit doesn't charge a fee when you use its debit card at an ATM overseas. In fact, it offers unlimited reimbursements for ATM fees from cash withdrawals worldwide, regardless of the network used. And it doesn't charge currency conversion fees for debit card transactions.

Discover Bank

Discover doesn’t charge foreign ATM network or foreign transaction fees. But Discover card acceptance can be limited outside of the U.S., Canada, Mexico and some Caribbean nations.

HSBC

With an HSBC Premier Checking account, customers pay no foreign transaction fees. HSBC also has a worldwide network of ATMs.

Varo Bank

The mobile-only banking app Varo joins the ranks of other travel-friendly banks. It charges no foreign transaction fees or ATM fees at over 55,000 Allpoint® ATMs. (There is a $2.50 charge on out-of-network ATMs.)

Foreign transaction fees by bank or credit union

Institution

Foreign debit card purchase cost*

Foreign ATM withdrawal cost**

Alliant Credit Union

5.0

NerdWallet rating

1%.

1% of amount.

Alliant reimburses up to $20 monthly for out-of-network ATM fees (withdrawal fees only; does not apply to 1% fee), including abroad.

Ally Bank

4.5

NerdWallet rating

Up to 1%.

Up to 1% of amount.

Bank of America

3.5

NerdWallet rating

3%.

$5 + 3% of amount.

Chase

3.0

NerdWallet rating

3%.

$5 + 3% of dollar amount.

Citi

3.5

NerdWallet rating

3%.

$2.50 non-Citibank ATM fee + 3% of amount.

Navy Federal Credit Union

4.0

NerdWallet rating

1%.

$1 + 1% of amount.

TD Bank

3.5

NerdWallet rating

3%.

$3 + up to 3%.

U.S. Bank

3.5

NerdWallet rating

2%.

$5 + 2%.

*Foreign debit card purchase cost refers to foreign transaction fees — often 1% to 3% — and currency conversion fees (if applicable). These fees will typically show up on your monthly statement.

**Foreign ATM withdrawal cost refers to out-of-network ATM fees plus any foreign transaction fees (if applicable).

Note: Some ATM owners tack on their own fee in addition to what your bank may charge. People with premium checking accounts might be eligible for certain fee waivers.

Learn more about these banks and credit unions in NerdWallet's bank and credit union reviews.

Click here to expand and compare fees at nearly 15 more national and online banks

Institution

Foreign debit card purchase cost*

Foreign ATM withdrawal cost**

Bank5 Connect

4.5

NerdWallet rating

0.8% or 1%, depending on whether purchase was made in U.S. dollars or foreign currency.

0.8% or 1% of amount.

BMO Harris Bank

3.5

NerdWallet rating

2.8%.

$3 + 2.8% of amount.

Citizens Bank

3.0

NerdWallet rating

3%.

$3 + 3% of amount.

Connexus Credit Union

4.0

NerdWallet rating

Up to 1.5%.

Up to 1.5% of amount.

Consumers Credit Union

3.5

NerdWallet rating

0.8% or 1%, depending on whether purchase was made in U.S. dollars or foreign currency.

0.8% or 1%.

Fifth Third Bank

3.0

NerdWallet rating

3.2% (3% for transaction and 0.2% for currency conversion).

$5 + 3.2% of amount.

M&T Bank

3.5

NerdWallet rating

50 cents or 3%, whichever is greater.

$5 or 3% of amount, whichever is greater.

PenFed Credit Union

4.5

NerdWallet rating

Up to 2%.

$1.50 + up to 2% of amount.

LendingClub

4.5

NerdWallet rating

1.1% (0.9% for the transaction plus 0.2% for currency conversion).

1.1% of amount.

For eligible accounts, LendingClub reimburses all fees incurred from ATM usage (but does not include foreign exchange fees), including internationally.

Regions Bank

3.0

NerdWallet rating

3%.

$5 + 3% of amount.

Truist

3.0

NerdWallet rating

Up to 3%.

$5 + up to 3% of amount.

U.S. Bank

3.0

NerdWallet rating

3%.

$2.50 + 3% of amount.

Wells Fargo

3.5

NerdWallet rating

3%.

$5.

Foreign fees by institution

Alliant Credit Union • Debit purchase: 1%. • ATM withdrawal: 1% of amount; Alliant reimburses up to $20 monthly for out-of-network ATM fees (withdrawal fees only; does not apply to 1% fee), including abroad.

NerdWallet rating

Read review

Ally • Debit purchase: Up to 1%. • ATM withdrawal: Up to 1% of amount.

NerdWallet rating

Read review

Bank of America • Debit purchase: 3%. • ATM withdrawal: $5 + 3% of amount.

NerdWallet rating

Read review

Chase • Debit purchase: 3%. • ATM withdrawal: $5 + 3% of dollar amount.

NerdWallet rating

Read review

Citibank • Debit purchase: 3%. • ATM withdrawal: $2.50 non-Citibank ATM fee + 3% of amount.

NerdWallet rating

Read review

Navy Federal Credit Union • Debit purchase: 1%. • ATM withdrawal: $1 + 1% of amount.

NerdWallet rating

Read review

TD Bank • Debit purchase: 3%. • ATM withdrawal: $3 + up to 3%.

NerdWallet rating

Read review

Union Bank • Debit purchase: 2%. • ATM withdrawal: $5 + 2%.

NerdWallet rating

Read review

*Foreign debit card purchase cost refers to foreign transaction fees — often 1% to 3% — and currency conversion fees (if applicable). These fees will typically show up on your monthly statement. **Foreign ATM withdrawal cost refers to out-of-network ATM fees plus any foreign transaction fees (if applicable) Note: Some ATM owners tack on their own fee in addition to what your bank may charge. And people with premium checking accounts might be eligible for certain fee waivers.

Research more about these banks and credit unions at NerdWallet's bank and credit union reviews.

Click here to expand and compare fees at nearly 15 more national and online banks

Institution

Bank5 Connect • Debit purchase: 0.8% or 1%, depending on whether purchase was made in U.S. dollars or foreign currency. • ATM withdrawal: 0.8% or 1% of amount.

4.5

NerdWallet rating

BMO Harris Bank • Debit purchase: 2.8%. • ATM withdrawal: $3 + 2.8% of amount.

3.5

NerdWallet rating

Citizens Bank • Debit purchase: 3%, depending on whether purchase made in U.S. dollars or foreign currency. • ATM withdrawal: $3 + 3% of amount.

3.0

NerdWallet rating

Connexus Credit Union • Debit purchase: Up to 1.5%. • ATM withdrawal: Up to 1.5% of amount.

4.0

NerdWallet rating

Consumers Credit Union • Debit purchase: 0.8% or 1%, depending on whether purchase was made in U.S. dollars or foreign currency. • ATM withdrawal: 0.8% or 1%

3.5

NerdWallet rating

Fifth Third Bank • Debit purchase: 3.2% (3% for transaction and 0.2% for currency conversion). • ATM withdrawal: $5 + 3.2% of amount.

3.0

NerdWallet rating

M&T Bank • Debit purchase: 50 cents or 3%, whichever is greater. • ATM withdrawal: $5 or 3%, whichever is greater.

3.5

NerdWallet rating

PenFed Credit Union • Debit purchase: Up to 2%. • ATM withdrawal: $1.50 + up to 2% of amount.

4.5

NerdWallet rating

Radius Bank • Debit purchase: 1.1% (0.9% for the transaction plus 0.2% for currency conversion). • ATM withdrawal: 1.1% of amount; for eligible accounts, Radius reimburses all fees incurred from ATM usage (but does not include foreign exchange fees), including internationally.

4.5

NerdWallet rating

Regions Bank • Debit purchase: 3%. • ATM withdrawal: $5 + 3% of amount.

3.0

NerdWallet rating

Truist • Debit purchase: Up to 3%. • ATM withdrawal: $5 + up to 3% of amount.

3.0

NerdWallet rating

U.S. Bank • Debit purchase: 3%. • ATM withdrawal: $2.50 + 3% of amount.

3.0

NerdWallet rating

Wells Fargo • Debit purchase: 3%. • ATM withdrawal: $5.

3.5

NerdWallet rating

What to do if a fee seems too expensive

You may want to consider switching to a bank with no foreign transaction fees, listed above. Travelers can also benefit from a credit card that skips these fees, especially if they go abroad frequently.

No matter where you bank, let your financial institution know where you'll be traveling before you depart to avoid any unwarranted fraud alerts on your account.

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Does the Bank of America have ATM fees?

As a Bank of America account holder, you don't incur fees for withdrawals, transfers or balance inquiries at ATMs displaying the Bank of America name and logo.

Is there a fee for using debit card at ATM?

You will only be charged if; you have a credit card, store card or charge card or your card issuer charges a cash advance fee (this is very unusual), or. if the ATM or cash at the till operator indicates you will be charged.

Does Wells Fargo charge a fee for using an ATM or debit card?

There's no charge for Wells Fargo customers to withdraw, deposit and transfer money or print an account statement as long as they transact at a Wells Fargo ATM. Withdrawing cash from non-Wells Fargo ATMs costs $2.50 per withdrawal. Balance inquiries and fund transfers at any other bank cost $2 each.