How to avoid ATM fees and keep more of your money

Have you ever paid a few bucks just to grab your own money from an ATM? It stings, especially when you realize those “small” fees can quietly add up to hundreds over the course of a year. For families, that’s money that could’ve gone toward groceries, gas, or a Friday night pizza.

The good news is that most ATM fees are avoidable with a bit of planning and a few clever workarounds. Let’s look at how to keep more of your cash where it belongs – in your wallet.

5 ways to avoid ATM fees

You don’t have to get stuck paying ATM fees. With a few simple habits and the right kind of account, you can sidestep most charges. Here are five easy ways to cut them out of your routine.

1. Use in-network ATMs

#1 family finance and safety app.

#1 family finance and safety app.

Teach your kids and teens to earn, save, and invest with Greenlight.

Use code GLBLOG for one month, on us.*

Try Greenlight today

The simplest way to avoid fees is to use your bank’s own ATMs. Most banks charge a fee if you use a machine outside their network, and the cost can double if the ATM’s owner adds one, too. Check your bank’s app before heading out to avoid that surprise.

Some banks partner with larger ATM networks to give you thousands of no-fee options beyond your hometown. Greenlight families also have access to certain fee-free ATMs, which makes it easier for kids and teens to grab cash without those extra charges.

2. Plan ahead with cash withdrawals

One quick way to reduce fees is to plan ahead. If you know you’ll need cash for the weekend, consider making one larger withdrawal instead of multiple smaller ones. A $3 fee each time quickly becomes $9 wasted.

For teens, this is a built-in budgeting lesson: Figure out how much cash you’ll need before you head to the ATM to avoid overspending on impulse.

3. Consider cash-back at stores

Many grocery stores, pharmacies, and big-box retailers let you take out cash when you make a purchase. It’s usually free (though there may be limits on how much you can withdraw at once).

This can be especially handy for parents who are already shopping and need a little pocket money for kids—one less trip to the ATM, and no fee.

4. Choose accounts that reimburse fees

Some banks and online accounts actually reimburse you for ATM fees. You’ll still see the charge hit your account, but the bank refunds it later, sometimes up to a set amount each month.

Accounts like these can be an excellent option for students and families who travel or have limited access to in-network ATMs. 

5. Go digital when you can

Of course, the less frequently you need cash, the fewer chances you’ll run into fees. Peer-to-peer apps, debit cards, and digital wallets all make it easy to pay without carrying bills.

Using a debit card for kids, for example, helps them send, save, spend, and track purchases digitally, so they don’t need to use an ATM as often. Still, it’s smart to keep a little cash on hand for emergencies.

ATM fees add up! But they’re some of the easiest fees to avoid. A little planning, the right account, and a few digital tools can go a long way.

With Greenlight, kids don’t just avoid fees; they get real-life practice with saving, spending, and making smart money moves.

Make smart money moves. Say 👋 to Greenlight, the family money and safety app that makes financial education part of everyday life. Try Greenlight, one month, risk-free.† 

FAQs

How much is the average ATM fee?

The cost varies, but it typically ranges from $2 to $5 for out-of-network withdrawals. Some ATMs may charge even more in high-traffic areas, such as airports.

Can banks waive ATM fees?

Yes, some banks offer accounts that will reimburse your ATM fees up to a certain amount each month. Others have wide networks that make it easier to find a free machine.

Are ATM fees the same for teens as adults?

Yes. If your teen uses an out-of-network ATM, they’ll usually see the same fee you would. That’s why it’s a good teaching moment about planning ahead and making wise banking choices.

Is it safer to avoid using cash altogether?

Digital payments are often easier and safer, but it’s still good to keep a small amount of cash on hand for emergencies. The trick is balancing both.