ATM Withdrawal Fee Calculator
Estimate the total cost of withdrawing cash abroad, including fees.
Units of your home currency per 1 unit of the withdrawal currency.
Flat fee charged by the ATM, in your home currency.
Flat fee charged by your bank, in your home currency.
Percentage fee your card issuer charges on the converted amount.
How ATM Fees Work Abroad
When you withdraw cash from an ATM in a foreign country, multiple fees can apply at the same time. The ATM operator may charge a flat fee for the withdrawal, your own bank may charge a separate flat fee for using an out-of-network or foreign ATM, and your card issuer may add a foreign transaction fee calculated as a percentage of the converted amount. These fees are often shown separately, but together they can add up to a significant portion of the amount you withdraw.
Common Traveler Banking Mistakes
Travelers often lose money by withdrawing cash frequently in small amounts, which multiplies flat ATM and bank fees, or by accepting a “guaranteed” conversion rate offered by the ATM itself, which is often worse than the rate your bank would apply. Using a card with no foreign transaction fees, withdrawing larger amounts less often, and always choosing to be charged in the local currency rather than your home currency can help reduce these costs.
FAQ
How is the total cost of an ATM withdrawal calculated?
The calculator converts your withdrawal amount using the exchange rate you enter, then adds the ATM fee, bank fee, and a foreign transaction fee based on the percentage you enter. The sum of the converted amount and all fees is the total cost.
What is a foreign transaction fee?
A foreign transaction fee is a percentage-based charge that many banks and card issuers apply to purchases or withdrawals made in a foreign currency. It is calculated on the converted amount, not the original withdrawal amount.
Where do I find the ATM fee and bank fee to enter?
ATM fees are often shown on the ATM screen before you confirm a withdrawal. Bank fees, including any foreign transaction fee percentage, are usually listed in your bank or card issuer's fee schedule or account terms.
Why do I need to enter the exchange rate manually?
This calculator does not connect to any external service or API. Entering the exchange rate manually lets you use the actual rate your bank or card network applies, which can differ from published market rates.
Can I use this calculator to compare different cards or banks?
Yes. Run the calculator once for each card or bank using their specific ATM fee, bank fee, and foreign transaction fee percentage to compare the total cost of withdrawing the same amount.