Bank of America Financial Centers and ATMs (2024)

FAQs

Can Bank of America customers use other ATMs? ›

You can use your Bank of America debit card or ATM card anywhere you see the CIRRUS symbol. In addition to CIRRUS, you can use ATMs with the Mastercard or Visa symbols. The symbol on the front of your card will indicate if your card is Mastercard or Visa.

As a Bank of America account holder, you don't incur fees for withdrawals, transfers or balance inquiries at ATMs displaying the Bank of America name and logo. (Cash advance fees may apply to credit card accounts; please see your credit card agreement for details.)

Bank of America Corporation affiliates include all entities that utilize the Bank of America, Banc of America, Bank of America Private Bank, U.S. Trust, Merrill and BofA Securities brand names.

Bank of America has about 3,900 branch locations in the U.S., meaning there's likely one close to you.

Withdrawing cash using an ATM

Automated teller machines (ATMs) link your debit card to your checking account, giving you full access to your funds. As most machines accept all cards, you can most likely use any ATM, no matter who you bank with.

However, if you use an ATM outside of the bank's network, you'll likely face an ATM fee. This includes withdrawals, deposits and balance inquiries. This kind of ATM fee is often a flat dollar amount rather than a percentage of your transaction. Unfortunately, out-of-network ATM transactions usually trigger two fees.

The bank was founded by the merger of NationsBank and Bank of America in 1998. It is the second-largest banking institution in the United States and the second-largest bank in the world by market capitalization, both after JPMorgan Chase. Bank of America is one of the Big Four banking institutions of the United States.

Is Chase owned by Bank of America? NO, nothing to do with BOA. JPMorgan Chase is the result of the combination of several large U.S. banking companies since 1996, including Chase Manhattan Bank, JP Morgan, Bank One, Bear Stearns and Washington Mutual.

Key Financial Relationships: Bank of America and Wells Fargo Bank of America and Wells Fargo are separate banks, however; both of these institutions share many similarities when reporting their financial statements.

Why is Bank of America closing all its branches? ›

The bank is adjusting to the reduced demand for in-person services, which has led to the closure of some branches and the opening of others. The aim is to reduce the number of low-traffic offices. Unfortunately, this means that clients may have to travel longer distances to reach their nearest branch.

Overall, Bank of America appears to be in a relatively healthy financial position and is not currently in imminent danger of collapse. However, as with any financial institution, there are always risks involved, and customers and investors should always monitor the bank's financial health and risk profile.

Bank Fee for ATM Withdrawals: Up to Rs. 21. Fee for Non-Axis Bank ATM Withdrawals: Up to Rs. 21.

Many banks belong to networks that allow customers to access other member financial institutions' ATMs without charge. If your debit card is linked to a network such as Interac, PLUS, Maestro, Interlink or Cirrus, you're free to use another financial institution's ATM as long as they also belong to that network.

Non-Bank of America Teller Withdrawal Per transaction, greater of $5.00 OR 3% of the amount (maximum $10.00) when you use your ATM or debit card, or card number, to make a withdrawal, transfer or payment at another bank and it is processed as a cash disbursem*nt.

For ATM banking options while you're on the go, U.S. Bank partners with other ATM providers, including the MoneyPass ^® ATM Network ² and Cardtronics. As a U.S. Bank customer, you can transact at thousands of additional ATMs across the country; fees and functionality vary by location.