ATM fees can add up quickly, especially if you travel often or need cash from out-of-network machines. The good news is that many banks and credit unions will refund those charges if you meet certain conditions. This guide explains how ATM fee reimbursements work, which banks offer them, and the best ways to avoid paying extra when withdrawing your own money.
How ATM Fee Reimbursements Work
When you use an ATM outside your bank’s network, you may be charged two fees: one by your bank and one by the ATM owner. Some banks automatically credit these fees back, while others require specific account types or balance levels. In most cases, refunds post to your account at the end of the statement cycle.
Banks That Refund ATM Fees
Here’s how some of the most popular banks and credit unions handle ATM fee refunds in 2025:
- Charles Schwab Bank: Unlimited worldwide ATM fee rebates for all checking account holders. This makes Schwab one of the best choices for travelers.
- Alliant Credit Union: Up to $20 in ATM fee rebates per month for qualifying checking accounts.
- Fidelity: Cash Management accounts refund all ATM fees globally with no monthly cap.
- Ally Bank: Up to $10 in monthly ATM rebates, plus access to the Allpoint network of 43,000+ surcharge-free machines.
- Capital One 360: Access to Allpoint and MoneyPass networks with no surcharge. Out-of-network fees may be refunded for premium accounts.
- USAA: Up to $15 per month in ATM fee reimbursements; higher tiers may receive more.
- Navy Federal Credit Union: Free withdrawals at CO-OP ATMs and up to $10 in rebates monthly for other machines.
Tips to Maximize Refunds
- Choose the right account tier. Premium or rewards accounts often include higher or unlimited ATM rebates.
- Stay in-network when possible. Using surcharge-free machines reduces the need for refunds. See our guide on finding fee-free ATMs.
- Watch for monthly caps. Some banks cap rebates at $10–$20, so keep track if you withdraw frequently.
- Traveling abroad? Look for banks that cover both ATM fees and foreign transaction fees, such as Schwab or Fidelity.
- Request a manual refund. If you’re charged incorrectly, call customer service—many banks will credit the fee after review.
Best Options for Travelers
If you regularly withdraw cash overseas, the best banks for ATM fee reimbursements are Charles Schwab, Fidelity, and Alliant Credit Union. These accounts refund ATM fees globally and do not tack on foreign transaction charges. Pairing these accounts with a travel-friendly debit card can save hundreds each year.
FAQs on ATM Fee Refunds
Do all banks refund ATM fees? No. Many only waive or reimburse fees if you use their partner networks or premium account types.
How soon will I see the refund? Some banks apply refunds immediately, but most post them at the end of your billing cycle.
Can I get international ATM fees refunded? Yes, but only certain banks like Schwab, Fidelity, and Alliant offer unlimited global reimbursement.
Is there a limit to how much I can get refunded? Many banks set a monthly cap—commonly $10, $15, or $20—while others like Schwab offer unlimited rebates.