In today’s fast-paced world, convenience is key, especially when it comes to banking. ATM fees can add up quickly, eating into your hard-earned money. Luckily, some banks offer accounts with no ATM fees, allowing you to access your cash without worrying about additional charges. In this guide, we will explore the top banks with no ATM fees in 2025, providing you with valuable information to make informed financial decisions.
Why No ATM Fees Matter
ATM fees can range from $2 to $5 per transaction, depending on your bank and the ATM you use. If you find yourself needing cash frequently, these fees can significantly impact your budget. Here are a few reasons why choosing a bank with no ATM fees is essential:
- Cost Savings: Avoiding ATM fees allows you to keep more money in your pocket. Over time, these savings can accumulate and be used for other essential expenses or savings.
- Convenience: Having a bank that offers fee-free ATM access means you can withdraw cash whenever you need it without searching for ATMs affiliated with your bank.
- Budgeting: Knowing that you won’t incur unexpected ATM fees makes it easier to stick to your budget. You can plan your expenses with confidence, knowing that your withdrawals won’t come with hidden costs.
How Banks Can Offer No ATM Fees
Several banks can afford to waive ATM fees, primarily through innovative banking practices. Here are some ways they do it:
- Partnerships: Many banks partner with ATM networks, allowing their customers to use ATMs in that network without incurring fees.
- Online-Only Banks: Online banks often have lower overhead costs compared to traditional banks, enabling them to offer no ATM fees as part of their business model.
- Customer Loyalty: Some banks waive fees for customers who maintain a minimum balance or have a certain number of transactions per month.
Understanding how banks manage to offer no ATM fees can help you make the best choice when selecting your banking institution.
Top Banks with No ATM Fees in 2025
1. Ally Bank
Overview: Ally Bank is an online-only bank that has gained a reputation for its customer-friendly policies and competitive interest rates.
ATM Access: Ally Bank customers can use over 43,000 ATMs nationwide without incurring any fees. They are part of the Allpoint ATM network, which ensures that you can find an ATM wherever you go.
Account Types: Ally offers various account types, including checking and savings accounts. Both accounts feature no monthly maintenance fees and no minimum balance requirements.
Benefits:
- High interest rates on savings accounts
- User-friendly mobile app
- 24/7 customer support
2. Charles Schwab Bank
Overview: Charles Schwab Bank is known for its investment services, but it also offers an excellent checking account option with no ATM fees.
ATM Access: Schwab customers can withdraw cash from any ATM worldwide without incurring fees. Additionally, they will reimburse any fees charged by the ATM owner at the end of each month.
Account Types: Schwab offers a High Yield Investor Checking account, which features no monthly fees and no minimum balance requirements.
Benefits:
- Unlimited ATM fee reimbursements worldwide
- No foreign transaction fees
- Great customer service
3. Capital One 360
Overview: Capital One 360 is another great online banking option, offering a seamless banking experience.
ATM Access: Capital One 360 customers can access over 39,000 fee-free ATMs through the Allpoint network.
Account Types: They offer a range of accounts, including checking and savings options, all with no monthly fees and no minimum balance.
Benefits:
- Competitive interest rates
- Easy-to-use mobile app
- Cash deposits available at select locations
4. Discover Bank
Overview: Discover Bank is well-known for its credit cards but also offers attractive banking options.
ATM Access: Discover Bank customers can use over 60,000 ATMs without incurring fees. They are part of the Allpoint network, ensuring widespread access.
Account Types: Discover offers a Cashback Debit account with no monthly fees and no minimum balance requirements.
Benefits:
- Cashback rewards on debit purchases
- High-interest savings account options
- Excellent customer service
5. Chime Bank
Overview: Chime Bank is an online-only bank focusing on helping customers save and manage their money.
ATM Access: Chime offers access to over 24,000 ATMs nationwide through the MoneyPass network, all with no fees.
Account Types: Chime provides a Spending Account and a High-Yield Savings Account, both with no monthly fees or minimum balances.
Benefits:
- No foreign transaction fees
- Early direct deposit options
- User-friendly app with budgeting tools
6. Axos Bank
Overview: Axos Bank is an online bank that provides a wide array of banking services without the hassle of traditional banking fees.
ATM Access: Axos Bank customers can access a network of over 91,000 ATMs without incurring fees.
Account Types: Axos offers various accounts, including checking, savings, and business accounts, all with no monthly fees.
Benefits:
- Competitive interest rates on savings accounts
- Multiple account options to meet various needs
- 24/7 customer service
7. FNBO Direct
Overview: FNBO Direct is a division of First National Bank of Omaha, offering high-interest online banking options.
ATM Access: FNBO Direct customers have access to over 32,000 ATMs without incurring fees through the MoneyPass network.
Account Types: They provide a High Yield Checking account with no monthly fees or minimum balance requirements.
Benefits:
- High-interest rates on checking accounts
- User-friendly online banking platform
- Excellent customer support
8. Simple Bank
Overview: Simple Bank is an online banking platform that emphasizes budgeting and financial planning.
ATM Access: Simple customers can use over 40,000 ATMs for free through the Allpoint network.
Account Types: Simple offers a no-fee checking account with budgeting features integrated into their app.
Benefits:
- Automatic savings features
- Real-time transaction notifications
- No monthly fees or minimum balances
9. HSBC
Overview: HSBC is a global bank with a strong presence in the U.S., offering various banking products.
ATM Access: HSBC customers can withdraw cash from over 25,000 ATMs worldwide without incurring fees.
Account Types: They offer a range of accounts, including checking and savings options, with no monthly fees on select accounts.
Benefits:
- Global ATM access
- Competitive interest rates
- Comprehensive online banking services
10. PNC Bank
Overview: PNC Bank is a well-known traditional bank that also offers online banking services.
ATM Access: PNC customers can access a network of over 19,000 ATMs without incurring fees.
Account Types: They offer a Virtual Wallet account, which includes checking and savings options, with no monthly fees under certain conditions.
Benefits:
- Budgeting tools integrated into the app
- Wide network of ATMs and branches
- Flexible account options
How to Choose the Right Bank for You
When selecting a bank with no ATM fees, consider the following factors:
1. Accessibility
Ensure the bank has a wide network of ATMs near your location or wherever you frequently travel. The more ATMs available, the easier it will be for you to access your cash without incurring fees.
2. Account Features
Look for banks that offer account types that meet your needs. Some banks provide additional features, such as cashback rewards or high-interest savings accounts, which can enhance your banking experience.
3. Customer Service
Good customer service is crucial. Opt for banks that provide 24/7 support and have positive customer reviews.
4. Mobile Banking Experience
In today’s digital age, a user-friendly mobile banking app can significantly enhance your banking experience. Look for banks that offer easy-to-navigate apps with helpful features.
5. Fees and Charges
While you’re looking for no ATM fees, be sure to check for any other hidden fees associated with the accounts. Some banks may have maintenance fees, overdraft charges, or foreign transaction fees that could affect your overall banking experience.
Conclusion
In conclusion, choosing a bank with no ATM fees is a smart financial decision that can help you save money and make managing your finances easier. The banks listed in this guide offer a variety of account types with excellent features, ensuring you can find one that suits your needs. By considering factors such as accessibility, account features, and customer service, you can select the best bank for your financial journey in 2025 and beyond. Remember, saving on ATM fees is just one of many steps you can take towards financial wellness, so choose wisely and take charge of your banking experience!