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 |