Do all American ATMs charge an extra fee for cash withdrawals on a foreign card?

Do all American ATMs charge an extra fee for cash withdrawals on a foreign card? - From above electronic calculator and notepad placed over United States dollar bills together with metallic pen for budget planning and calculation

I've just gone to take some cash out of an ATM (Cash Machine) in Seattle. I visited about half a dozen in the end, and every single one wanted to charge me an extra fee (typically about $3) for the cash withdrawl on my (non-US) card. This was at bank ATMs in the centre of town, at their branches, rather than in a supermarket or somewhere.

In the end I had to give up and let one of them charge me (I needed cash!), but it was both unexpected and rather annoying. Having gone to the trouble of getting a card that wasn't going to charge me lots to use it abroad, I'm instead hit with fees from the owner of the cash machine.

Was I really unlucky to only find ATMs that wanted to charge me as a foreign user, or do all American ATMs do that? And if only some do, what banks should I be trying to find to avoid being hit with the fee?



Best Answer

I would be very surprised if you managed to find an ATM that did not charge you a fee. US card holders are also charged fees if we use an ATM that is not the same bank as our card. Then we usually get a fee from both banks: the ATM's and our bank (for not using one of their ATMs). Some non-US banks that branches in the US; I think that would be the only possibility to avoid a fee.




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Does US Bank charge ATM fees for non customers?

US Bank ATM fees are $2.50 for both U.S. and international ATM withdrawals.

Do all US ATMs charge?

Usually, your bank won't charge an ATM fee when you use a bank-branded machine. However, if you use an ATM outside of the bank's network, you'll likely face an ATM fee. This includes withdrawals, deposits and balance inquiries.

What is an ATM withdrawal foreign transaction fee?

What are Foreign Transaction Fees? A foreign transaction fee is a fee charged by a credit card issuer or bank for every transaction made in a country outside of the U.S. Fees vary depending on the credit card or bank's terms and conditions, but usually fall between 1% and 5%.

How much does Bank of America charge for international withdrawals?

Bank of America will assess an international transaction fee of 3% of the U.S. dollar amount for all ATM withdrawals processed in foreign currency. International ATM operators may offer to do your currency conversion for you, but they may charge a higher fee for conversion.



Stop Paying Hidden Fees at Foreign ATMs




More answers regarding do all American ATMs charge an extra fee for cash withdrawals on a foreign card?

Answer 2

Yeah, same story here, but i think i got only charged ~1.50 - $2 earlier this year (Arizona, Utah, Oregon, Idaho, Washington).

My strategy was to just take out fewer, larger amounts what would last me a week or so and pay with credit card for expenses > $50 like grocery shopping, gas stations, motels etc.

But ask yourself how much money you would really save if you waste 1h in traffic and burning gas, just to find a fee-free ATM and save $3.

Answer 3

Some European airports provide ATM machines that will give you USD. Personally I have seen them in Frankfurt and Manchester. Just grab some dollars before going to the US and pay the rest with your credit card. Last time I went, I survived on $20 in cash.

Answer 4

There are some pairs of banks across the world which apparently have agreements not to charge each other's customers extra fees.

I work in tourism in Australia and some travellers tell me if they go to bank XYZ they can avoid fees.

As an Australian travelling overseas I am not so lucky.

But check with your bank in your country whether they are part of such a scheme and if you are lucky there will be one or two banks whose ATMs you can use free of fees.

(Oh and XYZ isn't the name of an actual bank, it's a stand in since I can't remember any of the banks they've mentioned.)

Answer 5

If you are in the UK you have several options, Barlcays customers are part of an ATM global alliance which includes Bank of America you still pay a 2.99% Non-Sterling Transaction Fee but you don’t have to pay the £1.50 Non-Sterling Cash Fee. If you are lucky enough to have one of the few fee free or low cost cards such as Norwich and Peterborough then your best bet is to look for a credit union or one of the few banks that don't charge however I admit they are very difficult to find. Another option would be to avoid the fees and get cashback (although do check that your bank does not have a high purchase fee.) Finally you could use Western Union and send money to yourself, if you send online there is no fee (bank transfers only) and you have up to 14 days to collect the money. I use online banking to send myself more money if needed and I avoid having to take out a large sum at once. The exchange rates are competitive and can often work out cheaper when balanced against card fees.

Answer 6

These answers may change with time.

You may have to look for ATMs that don't charge you fee for withdrawing money but your bank may charge you nontheless. You should probably look for signs that state that there are no surcharge/fees on the ATMs but for example convinience store chain Wawa offers no surcharge ATM in their stores these are provided by PNC bank. And so on and so forth.

McDonalds had ATMs that charge $1 for withdrawals (that's a year old).

There is also a matter of cash network membership for the bank for example a friend of mine was able to withdraw fee free using a Master Card but another friend with a VISA wasn't able to do the same at the same ATM.

Answer 7

For quite some time California did not allow surcharges on ex-USA cards, but this has changed. Some other states may still have such a rule.

Finding fee-free ATMs is a challenge.

Answer 8

You can use PNC Bank ATMs or go to an Aldi grocery store if you want to withdraw money without the surcharge in the USA.

Answer 9

US banks do not charge a fee because it is a foreign card, they charge a fee because it is not a card issued by that bank. Cardholders of US based banks also pay the ATM fee when they access money at another bank.

About the only way to avoid paying the fee would be if the cardholder's bank has a fee waiver agreement with specific US banks, something that they would need ask their bank about.

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