Life is expensive, and it’s important to have access to your cash when you need it — even when the bank branches near you are all closed. If you have an account with Navy Federal Credit Union, you need to know what your ATM limits are and how you can get to your money. Here’s what you need to know about Navy Federal’s limits on withdrawals and deposits at ATMs.
Understanding Limits on Withdrawals
Limits vary based on your account type and the method of your withdrawal. Keep in mind that you may be subject to additional limitations for security reasons.
- Navy Federal ATM limits: The daily limit for Navy Federal cash withdrawals is $1,000 cash per day. This applies to any combination of Navy Federal ATMs, other ATMs and merchants that offer cash back.
- Debit card limits: You may spend $3,000 total each day using your debit card.
- Flagship checking: The only checking account that has a higher limit is Flagship checking, whose daily transaction limit is $5,000.
Keep in mind that the cash and spending limits placed on accounts include all transactions from a calendar day. You may swipe your card at an ATM or merchant multiple times with no limitation on the number of individual swipes.
What Is the Maximum Deposit Limit for Navy Federal ATMs?
You can deposit up to $10,000 per day at any Navy Federal or CO-OP Network ATM. This includes both cash and check. For cash or checks totaling more than $10,000, stop by a Navy Federal branch and deposit using the teller line or drive-through.
How Quickly Are My Funds Available After Making a Deposit?
The first $225 of your check deposit — whether at an ATM or in a branch — is available to withdraw for cash by the next business day after your deposit. The remaining balance of your deposit is available after the second business day. There are several factors that might delay the availability of a check deposit, such as depositing more than $5,525 in one day or having multiple overdrafts on your account within the previous six months.
Cash deposits at Navy Federal ATMs are available immediately for cash withdrawals and by the second business day for other purposes.
What Are the Transfer Limits on My Navy Federal Account?
- Minimum transfer amount: $5 per transaction
- Maximum transfer amount: $5,000 per calendar day
- Transaction limit: No limits on the number of transactions you can complete per day
- Weekly limit: $15,000 total per five business days
What Other Ways Can I Get Cash?
If you’ve reached your debit card and ATM limits for the day, you can still access your money using the following methods:
Request an Increase
There may be days when you need to spend more money than your daily limit allows. Call Navy Federal at 1-800-842-6328 and request a temporary increase on your daily limits. Keep in mind that these are approved on a case-by-case basis and may not be a long-term solution.
Helpful Hint
You can also use ATMs outside of the CO-OP network to access your money from Navy Federal. However, additional fees may apply when using an ATM that’s considered out of network.
Cash Back on a Debit Purchase
If you haven’t reached your daily limit but aren’t near an ATM to make a withdrawal, check a nearby merchant. Many stores and gas stations offer cash back for PIN-based transactions. Keep in mind that the limit will vary from store to store.
Withdraw Cash From Another Account
If you have a separate checking or savings account with its own debit card, you should be able to take out more cash from that account. Transfer money using online banking and then swipe your card at an ATM or merchant to access your funds.
Stop By a Branch
Even if you’ve reached your cash withdrawal limits at ATMs or merchants, you can still stop by a branch and withdraw cash in person. Make sure you have your identification.
Data is accurate as of Nov. 22, 2022, and is subject to change.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.