Guide to Euronet ATMs: locations, fees, and tips (2024)

If you’re on holiday outside the UK and need cash, you’re likely to head for an ATM. One of the operators you’re likely to come across is Euronet, as it has ATMs in 38 countries worldwide - including much of Europe.¹

But is a Euronet ATM a good choice? Read on for info on Euronet ATM locations, fees and other tips to help you get the most from your travel money.

You’ll also need the right card to withdraw cash. Get a Wise card and you can withdraw up to £200 a month from overseas ATMs for no Wise fees (just check that the ATM doesn’t have its own fees). You can also spend like a local in 150+ countries, at great exchange rates and for low fees*.

Do Euronet ATMs charge for withdrawals?

Euronet ATMs do tend to charge a fee for cash withdrawals, although it varies depending on the location.

In many cases, you can expect a fee of around €4 EUR or the currency equivalent. But in some destinations such as Greece, Euronet says it is rolling out a growing network of fee-free ATMs.²

If there is a fee, it’ll usually be displayed on the ATM screen just before you confirm the transaction.

Another crucial thing to know about when using Euronet ATMs is currency conversion.

If you say yes when asked whether you want to withdrawal amount converted to your home currency (i.e. GBP), the ATM will choose the exchange rate. It does this using something called Dynamic Currency Conversion (DCC).

This rate will nearly always be unfavourable (meaning you’ll get less currency for your pounds) no matter which ATM you use. But with Euronet, the mark-up on the mid-market exchange rate can be as much as 13%.² This is profit for Euronet, but you’ll lose out. This means less spending money for your trip or holiday.

So the golden rule is - always choose to withdraw cash in the local currency in your destination.

📚 Read: Avoiding bad exchange rates

How much can you withdraw from Euronet ATMs?

The maximum amount you can withdraw from a Euronet ATM will depend on your bank. The operator doesn’t set its own limits for cash withdrawals.

Most UK banks set withdrawal limits for how much you can withdraw a day, week or month (or in a single transaction). Crucially, many banks have separate limits for spending and withdrawing cash overseas.

To find out your limits, check the terms and conditions for your account or card - or contact your bank.

What cards are accepted by Euronet ATM?

Euronet ATMs accept the following cards:³

• All VISA cards including VPay, PLUS and Electron
• All MasterCards including Maestro and Cirrus
• JCB
• CUP/UPI (China Union Pay)
• ServiRed
• AMEX.

Can you deposit money at a Euronet ATM?

Euronet does have some cash deposit ATMs, where you can pay money into your account. You’ll need to take a look on the Euronet website or contact the company directly to find out about locations.

However, you might find that you won’t be able to use this service unless you have a local bank account in the country.

Euronet ATM locations

Now, where can you find Euronet ATMs? They’re available in the following locations:

• Europe - including France, Austria, Greece, Belgium, Croatia, Portugal, Spain, Norway, Iceland, the Netherlands and the Czech Republic
• UK
• USA
• Malaysia
• The Philippines
• Mexico.

Unfortunately, Euronet doesn’t seem to have an ATM locator tool where you can search for your nearest one. So you may simply have to use Google Maps or just look out for one during your holiday.

How to use an ATM abroad safely

Withdrawing and carrying around cash in an unfamiliar environment will always be a worry. But there are some things you can do to protect yourself and your money. Here are some useful tips to remember when using an ATM abroad:

• Check the ATM before using it, to make sure there are no unusual objects, error messages or damage to the machine. If unsure, use a different ATM.
• Use ATMs at banks or major supermarkets where possible, or in other well-lit, public areas.
• Have someone with you to keep an eye on your surroundings while you use the ATM - it’s easy to be distracted.
• Never give your PIN or other card details to anyone, and cover the keypad while entering your PIN.

How to avoid foreign ATMs fees abroad

Using overseas ATMs can sometimes result in surprise fees, which can make a dent in your holiday money. But with a few tips and tricks, you can hopefully avoid these fees altogether. Here are a few things to remember for your next trip:

• Always choose to be charged in the local currency - this will mean your card provider converts the currency rather than the ATM applying an exchange rate. Say no to currency conversion at the ATM and you should get a better rate.
• Do some research on fee-free ATMs before you travel
• Check if your home bank has an overseas ATM network or partners with any local banks - this could mean you get discounted or free ATM withdrawals.
• Double-check that your bank doesn’t charge fees for overseas cash withdrawals
• Never withdraw cash using a credit card - this usually results in a fee, and interest starts accruing right away.

You might also want to get a card that’s designed with travel in mind.

For example, the Wise card lets you withdraw up to £200 a month (max. 2 withdrawals) in 150+ countries worldwide for no fee*.

Just make sure the ATM doesn’t charge its own fee.

Better still, opt to withdraw in the local currency and Wise will do the conversion at the mid-market exchange rate - without any expensive mark-up, just a small conversion fee*.

Get your Wise card 💳

And that’s it - all you need to know about using Euronet ATMs while abroad.

They aren’t always the cheapest option, but it may be possible to avoid unnecessary fees if you choose the right ATM and always choose to withdraw in the local currency. Have a great trip!

Sources used:

1. Euronet ATMs - Euronet Expands Independent ATM Network Into Belgium and Mexico
2. The National Herald - User Beware: Euronet Takes On Greek Banks With “Fee-Free” ATMs
3. Euronet ATMs - FAQs

Sources last checked on date: 17-Jun-2024