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You're planning a trip to Las Vegas and want to avoid getting hit with unnecessary ATM fees. Many ATMs in Vegas are located in casinos and hotels, and they often charge high fees for withdrawals. Some ATMs can charge up to $10 or more per transaction.
To avoid these fees, it's essential to understand how they work. ATM fees in Vegas can be charged by the ATM operator, your bank, or both. The fees can add up quickly, especially if you're making multiple withdrawals during your trip.
If you're not careful, you could end up paying up to $30 or more in fees per day. That's why it's crucial to know where to find low-fee ATMs in Vegas. Some banks and credit unions offer fee-free ATMs, and you can also look for ATMs that are part of the Allpoint network.
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If your bank is national, you might be able to find an ATM in Las Vegas from your own bank where you can withdraw cash without any fees at all.
Casino ATMs are notorious for inflated fees, so it's best to avoid them.
You can save a few dollars by thinking outside the box and looking for alternative ATMs.
To minimize ATM fees in Las Vegas, you should be prepared to go off the beaten path a bit.
National banks often have ATMs in Las Vegas where you can withdraw cash without any fees.
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Understanding ATM Fees in Vegas
ATM fees in Vegas can be a real money-sucker. If you're planning a trip to the Strip, be aware that casino ATMs are notorious for charging high fees – up to $10 per transaction.
You can avoid these exorbitant fees by using ATMs outside of casinos. Many convenience stores and drugstores on the Strip have ATMs with much lower fees, often around $3. Some examples include CVS, Target, and Walgreens.
Here are some specific locations to look for low-fee ATMs on the Strip:
Strip Prices
Strip Prices are a major contributor to ATM fees in Vegas. Casinos on the strip want to keep you on the gambling floor or at the bar, making it easy to take out cash.
Casinos will do anything to help you get cash out, but that convenience comes with a high price tag. You'll be paying top dollar in ATM fees just to get your own money.
ATM fees on the strip can add up quickly, making it a costly mistake to rely on these machines.
Bank
ATM fees can add up quickly, especially in a city like Las Vegas where cash is king. Bank of America charges a non-network ATM fee of $2.50 for domestic transactions.
The good news is that Bank of America is part of the Global ATM Alliance, which waives the ATM fee for customers who use specific ATMs when traveling abroad. However, a 3 percent fee still applies to cover the currency exchange.
Other banks like BB&T and BBVA Compass also charge a non-network ATM fee of $2.50, while BMO Harris and Capital One charge $2.50 and $2.00 respectively.
Here's a breakdown of the non-network ATM fees charged by some popular banks:
Keep in mind that these fees can add up quickly, so it's essential to be mindful of your ATM usage and try to avoid non-network ATMs whenever possible.
Finding Alternatives
If you're planning a trip to Las Vegas, you might be aware of the high ATM fees at casinos. But don't worry, there are alternatives to consider.
The Best Western Plus Casino Royale has an ATM fee of just $3, making it a great option if you're looking for a low-fee ATM in the heart of the Las Vegas Strip.
You can also look for ATMs outside of casinos on the Las Vegas Strip. Stores like CVS, Target, and Walgreens have ATMs with much more affordable fees than casino ATMs.
Here are some stores with low ATM fees on the Las Vegas Strip:
It's always a good idea to have a plan and budget for your trip, including a plan for accessing cash.
Avoiding High Fees
To avoid high ATM fees in Vegas, you can use your bank's app to find branches and free ATMs near you. This way, you can plan ahead and stick to using free ATMs.
You can also choose the cash-back option when paying at grocery stores and other merchants. This option can save you money on ATM fees, and it's a convenient way to earn rewards.
Withdrawing cash less frequently but in greater amounts is another strategy to reduce ATM fees. However, carrying more cash comes with a greater risk of loss.
If these practices seem impractical or unsuitable for you, you can consider switching banks to avoid ATM fees altogether.
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Frequently Asked Questions
What ATMs do not charge a fee?
Credit union members can use CO-OP ATMs without a fee, while STAR Network and PULSE ATMs have a large network of fee-free locations
What is the best way to get cash at a casino?
The best way to get cash at a casino is to use a casino ATM and withdraw from your checking account with a PIN, which typically costs around $4.99 per withdrawal. Be sure to check the fee disclosure on the screen to confirm the exact cost.
How much is the ATM fee at Caesars?
As of August 2023, Caesars properties charge $9.99 per ATM transaction. Check for any updates as fees may change over time.
Sources
- https://www.feelingvegas.com/las-vegas-atm-fees/
- https://www.businessinsider.com/things-you-should-stop-buying-las-vegas-from-local-2024
- https://viewfromthewing.com/lastest-vegas-shock-caesars-atm-fees-skyrocket-to-11-99-roundup/
- https://lasvegassun.com/news/2019/aug/18/how-to-bypass-atm-fees-while-youre-on-the-road/
- https://www.valuepenguin.com/banking/bank-atm-fees
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