what banks give $0 ATM fees? (Other banks ATM fees reimbursed)

Posted by Multiversal_Love@reddit | Shoestring | View on Reddit | 26 comments

some banks under some accounts refund you ATM fees from BOTH sides

you know how an ATM says that it will charge you a $3.50 service fee, well at the end of the month they refund you

what banks do that?

I'm in US

two I know of are:

TD Beyond Checking https://www.td.com/us/en/personal-banking/checking-accounts/beyond but seems tricky to have a $0 monthly fee - need to have direct deposits setup

> TD Bank will never charge you a fee at TD or non-TD ATMs.

> Other banks’ ATM fees reimbursed with a minimum daily balance of $2,500

Charles Schwab https://www.schwab.com/client-home

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bobanoodle@reddit

I'd check out some credit unions, mine (Bay Area CA) has this perk for certain level of checking acct and I did successfully use it abroad as well

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Permtacular@reddit

Exactly. My checking account in northwestern WA state gives $10 in ATM refunds a month, but also pays 5% interest on the first $5000 deposited. No minimum balance.

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notedcritic@reddit

Ally Bank has been good to me. $10 a month of fees refunded whereas my CU only does $3

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ChainHomeRadar@reddit

First Republic uses to do this... till they got bought by chase :(

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First Republic offers free ATM fees across the board, including international and exchange fees. That's always been my go to for debit and travel. Just need to keep $3500 in the account to avoid fees.

Only bank I am aware of with this level of benefit.

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TSLUFFY@reddit

Does FRB still have the free ATM fee as they got acquired by Chase?

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LawyerMcLawface@reddit

Nope. I just got my notice they're converting me to a chase account. Found this thread while shopping for a new bank (I will not go from FRB's customer service to the bowels of Chase).

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Cheap_Farmer1352@reddit

Did you end up finding a good alternative? I am in the same situation and sad to be losing the benefits. (that's how i found this thread too)

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LawyerMcLawface@reddit

Just signed up with Charles Schwab.

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TSLUFFY@reddit

Ah that make sense! I saw the notices as well and wonder would it be better just close the FRB and open Chase on my own to get intro offer of checking account.

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somedude456@reddit

No customer service beats Charles Schwab. Yes they deal with million dollar holding stock traders, but also me, with like 4K in my account when my card was stolen in Paris. They overnighted one for a $15 fee, and reimbursed the $500 euros that was also stolen via my card, all with ease.

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spinnerspiner@reddit

Charles Schwab is great. No foreign transaction fees ether. They pay for both sides of atm fees.

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true_tedi@reddit

who tf pays for transactions with debit???? card should solely be used for when needing to withdraw cash.

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baskaat@reddit

Agree. Best customer service hands down and the ATM rebates save me at least $75/ year.

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intaminag@reddit

Schwab just canceled my account without telling me. Cited identity theft. And yet no other financial institution has any hint that I have had my identity stolen (including Equifax, who Schwab said made the report in the first place).

I was so happy with them but now I'm searching for an escape. Straight up CANCELED my account. My money is inaccessible. Insane.

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true_tedi@reddit

File a CFPB complaint.

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yinshiyi@reddit

I used Charles Schwab a few times on bank ATMs Anyone used in random gas station ATMs, are those also reimbursed?

Also I remember the key difference is fidelity immediately reimburse you but Charles has to wait until the statement ends

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yinshiyi@reddit

Just confirmed now schwab is also INSTANT fee reimbursement, gotta love charles schwab, good on you. Hope you can stay this way and I will keep using your services.

PSA always decline the ATM machine conversion service and charge the local currency

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somedude456@reddit

Pretty sure CS does fer paybacks on statements, so monthly. They claim all fees.

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yinshiyi@reddit

thanks!

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Extreme-Evidence7235@reddit

You can use the ATM Fee Saver app or website - it will give you a list of ATMs with no fees or lower fees than others along with withdrawal limits there, helped me quite a bit when i was there, it will help you too. enjoy your trip!

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Alfrance1@reddit

Would love to know those banks that provide a refund.
Btw, we decided to collect all ATM fees in different banks into a single place to help fellow travelers and digital nomads find the most affordable ATMs possible in any country: https://atmheaven.com/. Hope this is helpful.
Invited everyone as well to update the fees in reddit.com/r/ATM_Heaven.

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