Traveling abroad often comes with unexpected expenses—and international ATM fees are one of the most frustrating. Between out-of-network charges, foreign transaction fees, and currency conversion markups, withdrawing cash overseas can cost $5–$10 per transaction. Fortunately, with the right planning, you can avoid or minimize these fees and keep more money for your trip.
Quick answer: The best ways to avoid international ATM fees are using a bank that reimburses ATM charges, withdrawing in local currency (declining DCC), using partner-bank ATMs when available, and making fewer, larger withdrawals.
International ATM fees often include extra network charges and conversion markups. For the complete overview of ATM surcharges, see: ATM Fees Explained.
1. Understanding International ATM Fees
When you withdraw cash overseas, you may face multiple fees from different sources. Here are the most common charges and how they stack:
| Fee Type | Who Charges It | Typical Cost | How to Avoid It |
|---|---|---|---|
| ATM Surcharge | ATM Operator | $2–$5 per withdrawal | Use partner-bank or surcharge-free network ATMs |
| Out-of-Network Fee | Your Bank | $2–$5 per withdrawal | Use partner banks overseas or a no-fee bank |
| Foreign Transaction Fee | Your Bank or Card Network | 1–3% of amount withdrawn | Use cards with no foreign transaction fees |
| Currency Conversion Markup (DCC) | ATM Operator / Payment Processor | Variable, often hidden | Decline DCC and choose local currency |
Important: the most expensive international withdrawals happen when you pay both an ATM surcharge and your bank’s out-of-network fee, then get hit with a poor exchange rate through DCC.
For fee-free ATMs in the U.S., see our Best No-Fee ATMs Nationwide Guide.
2. Use Banks with International ATM Partnerships
Some U.S. banks partner with overseas banks to offer lower-fee or fee-free withdrawals at select ATMs. These partnerships may waive your bank’s out-of-network fee and, in some cases, reduce operator surcharges.
- Bank of America: Partners with banks like Barclays (UK), BNP Paribas (France), and Deutsche Bank (Germany).
- Chase: May offer fee rebates for certain premium accounts and has stronger international support in select regions.
- Schwab Bank: Refunds ATM fees worldwide with its High-Yield Investor Checking account.
For the broader fee avoidance playbook, visit our Avoid ATM Fees Complete Guide.
3. Look for Global ATM Networks and Partner Access
Some large ATM networks and bank partnerships can reduce surcharges even while traveling. Access depends on your bank and where you are, so the key is checking your bank’s ATM locator before you withdraw.
To understand major ATM network behavior and coverage, see our Allpoint vs. MoneyPass Comparison Guide.
4. Use Debit Cards with No Foreign Transaction Fees
Some banks and credit unions issue debit cards that waive foreign transaction fees and reimburse ATM charges automatically. These are often the best options for frequent travelers:
- Charles Schwab Bank: Unlimited worldwide ATM fee refunds.
- Fidelity Cash Management: ATM fee reimbursements and strong traveler-friendly features.
- Capital One 360: No foreign transaction fees for many debit card purchases and withdrawals (policies vary by account).
5. Decline Dynamic Currency Conversion (DCC)
When using an overseas ATM, you may be asked whether to charge your withdrawal in local currency or U.S. dollars. Always choose local currency. Selecting U.S. dollars triggers Dynamic Currency Conversion (DCC), which often comes with poor exchange rates and extra markups.
A simple rule: if the ATM offers to “help” by converting the amount to USD, decline it and proceed in the local currency.
6. Make Larger, Less Frequent Withdrawals
Since many fees are charged per transaction, withdrawing larger amounts less often can reduce your total costs. Just store cash securely and avoid carrying more than you need.
Our ATM Safety Tips Guide explains how to stay safe when handling cash abroad.
7. Credit Unions and International Fee Benefits
Many credit unions belong to shared ATM networks and alliances that can reduce ATM fees. If you’re a credit union member, check your mobile app for international ATM locator tools and ask whether your institution has any foreign ATM partners.
8. Use Mobile Banking and Card Payments to Reduce Cash Needs
With contactless payments and digital wallets like Apple Pay and Google Pay, many travelers need less cash than before. Paying directly with a card or mobile wallet can reduce how often you visit an ATM.
See our Contactless ATM Transactions Guide for more on modern cash access tools.
9. Additional Tips for Reducing ATM Fees Overseas
- Check your bank’s daily withdrawal limits before traveling. For a comparison, see our ATM Withdrawal Limits by Bank Guide.
- Use airport ATMs sparingly—they often have the highest surcharges and worst exchange prompts.
- Bring backup payment methods (a second card, or a separate bank account) in case your primary card is blocked.
- If an ATM looks suspicious or the fee disclosure is unclear, cancel and try another machine.
International ATM Fee FAQs
Which U.S. banks refund international ATM fees?
Banks like Charles Schwab, Fidelity, and some travel-friendly online banks reimburse ATM fees worldwide, making them strong choices for frequent travelers.
Can I avoid currency conversion fees abroad?
Yes. Always choose to be charged in local currency instead of U.S. dollars to avoid Dynamic Currency Conversion (DCC) markups.
Do credit unions offer lower international ATM fees?
Many credit unions participate in shared networks or partnerships that reduce or eliminate certain ATM fees, depending on the country and ATM operator.
Should I use an ATM or exchange cash at a kiosk?
In many cases, using a traveler-friendly debit card at a reputable ATM (while declining DCC) can be cheaper than airport kiosks or tourist-area exchanges, which may bake in unfavorable rates.
Related Guides
- Avoid ATM Fees Complete Guide
- Allpoint vs. MoneyPass Comparison Guide
- Contactless ATM Transactions Guide
- ATM Withdrawal Limits by Bank Guide
Conclusion
International ATM fees can take a bite out of your travel budget, but with the right strategies—like using fee-reimbursing accounts, withdrawing in local currency, and choosing safer ATMs—you can access cash abroad without overpaying. Plan ahead, decline DCC, and reduce how often you withdraw to keep more of your money for your trip.
Updated January 2026. International ATM fees and exchange prompts vary by country, bank, and ATM operator—confirm fees on-screen and in your banking app before withdrawing.
