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How much cash can you withdraw from ATM?

Published in ATM Withdrawals 2 mins read

You can generally withdraw up to a default daily limit of $2,500 per card from an ATM.

Understanding Your Daily Cash Withdrawal Limits

The amount of cash you can withdraw from an ATM is subject to a daily limit set by your financial institution. This limit is designed to help protect your funds and manage transactions securely.

Where the Daily Limit Applies

The $2,500 per card daily limit is comprehensive and applies across several types of cash access methods, ensuring consistent control over your withdrawals. This limit covers:

  • ATM Withdrawals: This is the primary method, allowing you to get cash directly from an Automated Teller Machine.
  • Physical Card Cash Out: When you use your physical debit or credit card for a cash-out transaction, such as at a point-of-sale terminal that offers this service.
  • Digital Wallet Cash Out: If you use a digital wallet (e.g., Apple Pay, Google Pay) linked to your card to access cash, the same daily limit applies.
  • Merchant Cash Out: Many merchants, especially supermarkets or convenience stores, provide a cash-out option during a purchase. Any cash received through these services also counts towards your daily limit.

This consistent limit across different channels ensures clarity and control over your daily cash access. While $2,500 is a common default, it's worth noting that individual banks may have slightly different standard limits, or you might be able to request a temporary or permanent adjustment to your daily withdrawal limit by contacting your financial institution directly.

For a clearer overview, here's how the typical daily cash withdrawal limit applies:

Withdrawal Type Default Daily Limit
ATM Withdrawals $2,500 per card
Physical Card Cash Out $2,500 per card
Digital Wallet Cash Out $2,500 per card
Merchant Cash Out $2,500 per card