ATM issues/locations?

Thanks!😛

silentowl7 said:Here’s what I know—correct me if I’m wrong...

DAILY LIMITS
JPMorgan Chase
Maestro - $1667
Mastercard Standard - $667
Mastercard Gold - $1667
Mastercard Platinum - $3333
Visa Classic - $333
Visa Gold - $1667

Bank of America
American Express - MONTHLY LIMITS
American Express Green (personal) - $500 US / $650 international
American Express Gold - $667 US / $1,300 international
American Express Platinum - $2000 US / $3,900 international
American Express credit card - $333 US / $650 international
American Express Jubilee - $667 US / $1,300 international
American Express Blue - 1000 or $667 US / $650 international

I've got an Amex—no monthly spending cap for me, just whatever cash I can pull out every 30 days. 😕
$333 US / $650 abroad
So, does that mean if I pull some cash out on May 30th... $167 Look, here’s the deal—I pay my bills right on time, say by May 27th, but I won't be able to touch any actual cash until June 30th or maybe even July 1st. Basically, I'm stuck waiting out that whole 30-day window before anything moves.

Dana Jackson said:I've got an Amex—no monthly spending cap for me, just whatever cash I can pull out every 30 days. 😕
$333 US / $650 abroad
So, does that mean if I pull some cash out on May 30th... $167 Look, here’s the deal—I pay my bills right on time, say by May 27th, but I won't be able to touch any actual cash until June 30th or maybe even July 1st. Basically, I'm stuck waiting out that whole 30-day window before anything moves.

Dana Jackson, you still have a monthly limit—meaning a cap that resets every 30 days for cash advances. Some cards use daily limits, but Amex works on those 30-day cycles.🙂

As for your other question, yeah—if you take out $167 $30 on May 5th and your limit is $333, you can still use the remaining $167 whenever you want until you hit that ceiling. $167The amount you pulled on May 5th won't be available again until June 5th or so, just like you thought... once that 30-day window passes. Got it? 👍
If anything else is confusing, just ask. ☕

Thanks for the reply!

Can you actually pull Euros out of a Zira ATM using a Visa Electron card if you've got Euros sitting in a foreign currency account? Their website says cash withdrawals are fine, but it’s pretty vague on whether you'll actually get Euros or just end up with US Dollars instead.

If you're pulling cash out here in the States, the ATM is just going to spit out dollars

So, what does "daily" actually mean here?

If I hit a Chase $667 (Visa) ATM at 4:00 PM, when am I actually cleared to withdraw again?
Are we talking 4:00 PM the next day, or does the clock just reset at midnight?

thanks

00:01

Can I ask a "stupid" question?

What's actually driving people to pull cash out of ATMs using an American Express card???
That’s what a debit card is for—you use American Express for actual purchases, not for grabbing cash.

rapidorca10 said:Incorrect. The limit is $1667 regardless of the card used.

I'm not sure about Chase, but I know for a fact that with Wells Fargo it's 6,000. I've successfully pulled that amount several times now...

Terry Howard said:Can I ask a "stupid" question?

What's actually driving people to pull cash out of ATMs using an American Express card???
That’s what a debit card is for—you use American Express for actual purchases, not for grabbing cash.

That's basically just moving money from one empty pocket to another.

If your checking account is bone dry, where else are you going to get it? You hit the ATM with the American Express and then just pay a massive fee for the privilege...

Robert Williams2 said:I'm not sure about Chase, but I know for a fact that with Wells Fargo it's 6,000. I've successfully pulled that amount several times now...

To build on the thread title—the cash withdrawal limit is actually set by whichever bank issued your card. So, for any Chase debit cards, the limit is $1667 at any ATM worldwide. If you're using a different bank's card and their limit happens to be higher or lower than $1667, that's exactly how much you'll be able to pull out of a Chase ATM. I guess it all just comes down to your own bank...

Joshua Flores said:That's basically just moving money from one empty pocket to another.

If your checking account is bone dry, where else are you going to get it? You hit the ATM with the American Express and then just pay a massive fee for the privilege...

Yeah, that’s what I was thinking. They probably have five or six different cards and just cycle the cash from one to pay off the next—it's a total loop.

Terry Howard said:Yeah, that’s what I was thinking. They probably have five or six different cards and just cycle the cash from one to pay off the next—it's a total loop.

Exactly... I see it happening all the time. 🤷🤷🤷

Alright, I've got a quick question for you guys 🙂

So, I travel back and forth from Austria to the States a few times a year

I’ve got an account at my bank over there, so I’m using their debit card for everything.

Here’s the deal: what’s actually the smarter move? Should I just bring a stack of Euros and hit up a local currency exchange booth, or is it better to just stick to the ATM and withdraw cash directly?

I have no clue what kind of spreads these exchange places are pulling right now, but I know from experience that when I used the ATM—which is how I've always done it—I ended up getting hit with about a $2 fee for every $50 I pulled out.

Which way is going to save me more money? Basically, where am I getting ripped off less? 🤷

Look, the real question is at what exchange rate you actually got those $167—meaning, how many dollars were pulled from your account? You might have been smarter back then, but even without that specific data, I’m almost certain it’s better off for you to swap your cash at a currency exchange rather than through a bank. The rates are typically more favorable, and they don't hit you with those hidden fees. Besides, isn't it just a matter of preference? Is it easier for you to carry cash around, or would you rather just walk around carefree with a card in your pocket?

I’ve dealt with banks over in Germany, and honestly, it feels pretty much the same as what you’re dealing with back home.

My advice? Definitely bring Euros with you and just hit up a currency exchange booth once you arrive!!!!

Trying to pull cash out of ATMs using a Maestro card is a massive waste of money. First off, they hit you with those annoying transaction fees, and second, the exchange rate they use to convert your dollars into Euros is absolutely terrible.

Now, if you’re the type who hates lugging around a wad of cash, there is a middle ground. You could use a Visa or Mastercard credit card that allows for Worldwide withdrawals without charging extra fees at the ATM.

But even then, the only thing left to worry about is that lousy exchange rate during the conversion process.

Alright! Thanks for the heads-up! So, lesson learned—I'll be sticking to actual currency exchange offices from now on.🙂

Adam Williams10 said:Alright! Thanks for the heads-up! So, lesson learned—I'll be sticking to actual currency exchange offices from now on.🙂

😬 Exactly, though hopefully without needing any weapons involved! 😂

🙂

Anyone know why the Chase ATMs in downtown Chicago have been down for a few days? Tried hitting up an ATM from another bank instead, but it just keeps spitting back "transaction declined." What gives?