Comparison of ATM Fees
Capital One ATM fees were the cheapest of the banks surveyed as it doesn’t charge any fees for using non-network ATMs. The average total cost of an out-of-network ATM transaction is $4.73. Discover Cashback Debit Checking has no monthly fees or minimum balance requirements to maintain a fee-free account.
Allpoint has over 55,000 surcharge-free ATMs in retailers including Target and CVS. Credit union members can use CO-OP network ATMs without fees. Debit cards with no foreign transaction fees include Chase Bank and Ally Bank Interest Checking accounts. Schwab debit cardholders have no foreign transaction fees and receive rebates for fees charged by foreign ATMs. The BitAccess Bitcoin ATM has the lowest fees at 2.5% for buying and 4% for selling. In Europe, ATM fees range from $3 to $7 plus additional surcharges over 10%. Avoiding ATM fees requires planning to find accessible fee-free ATMs through your bank or using a prepaid card.
Common ATM Withdrawal Fees
Union Bank, Frost Bank, and Iberia Bank charged $2 per withdrawal for non-network ATMs in the United States, while all other banks charged at least $2.50. Schwab debit cardholders have no foreign transaction fees and receive rebates for fees charged by foreign ATMs. Avoiding ATM fees requires planning to find accessible fee-free ATMs through your bank or using an app-only bank account.