Axos Rewards Checking reimburses unlimited domestic ATM fees — there is no monthly cap. You pay the ATM operator’s surcharge at the machine, and Axos credits it back at month-end. Axos has no branded ATMs; the reimbursement model gives you access to every ATM in the US at zero net cost.
Axos ATM Details
| Detail | Rewards Checking | Essential Checking |
|---|---|---|
| ATM reimbursement | Unlimited | Up to $8/month |
| Daily withdrawal limit | ~$1,010 | ~$510 |
| Branded ATMs | None | None |
| Best practice | Use any US ATM | Use lower-fee ATMs |
How Axos ATM Reimbursement Works
- Use any ATM anywhere in the US
- The ATM operator charges a surcharge ($2.50–$4.00 typical)
- The surcharge appears on your Axos statement
- Axos credits the full amount back at the end of the statement cycle
There is no limit on the number of reimbursements per month for Rewards Checking. Large ATM users (travelers, frequent cash users) benefit most.
Daily ATM Limit Comparison
| Bank | Daily ATM Limit | Reimbursement |
|---|---|---|
| Axos Rewards | ~$1,010 | Unlimited |
| Schwab Investor | ~$1,000 | Unlimited |
| Fidelity Cash Mgmt | ~$500–$1,000 | Unlimited |
| Ally | ~$1,000 | Up to $10/month |
| Chase | $500–$3,000 | None (Chase ATMs free) |
| BMO | $1,000 | None |
Related Guides
- Axos Bank fees 2026 — full fee schedule, wire fees
- Axos Bank vs Schwab 2026 — unlimited ATM reimbursement comparison
- Axos Bank routing number 2026 — 122287251
- Axos Bank customer service 2026 — 24/7 phone support
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