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Get to know digital banks that don't charge for withdrawalsmany of them still charge fees for withdrawals directly from ATMs.

Even with options that circumvent this charge, such as PIX, we don't always have a cell phone or internet connection to transfer money to other banks. So let's take a look at alternatives for withdrawing your money without paying for it. 

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Are there digital banks that don't charge for withdrawals?

Due to the advent of the internet, globalization and the emergence of smartphones, it wasn't long before the procedures we carry out in person became almost entirely possible online.

Payment slips, transfers, balance inquiries, all of this was only possible by going to the nearest bank branch, usually facing hours of queues in order to do something that only took a few minutes.

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Fortunately, today most of these activities can be carried out with just a touch of the screen on your cell phone, with traditional banks such as Bradesco, Santander, Itaú, Banco do Brasil and Caixa Econômica Federal having dedicated apps for their customers to access all the options available in their accounts.

However, these new features have not only made it easier for customers to contact existing banks. It didn't take long for companies to realize that, like snack bars and delivery restaurants, financial institutions could be created digitally, thus giving rise to the so-called "digital banks" or "digital wallets", which operate in compliance with Central Bank rules, but without the need for physical branches all over the country.

As a result, digital banks have become increasingly popular and appreciated, offering even more convenience and options for customers who want to resolve everything linked to their account without having to leave the house. However, certain procedures still require a trip to a branch, lottery shop or 24-hour ATM, such as withdrawing cash.

This situation has created a dilemma for digital banks, which, despite offering the option to withdraw funds, still charge their customers a fee to do so. However, there are bank options that don't charge this fee, and with the consumer in mind, we'll take a look at them.

Which digital banks don't charge for withdrawals?

Banco Inter: As the pioneer in digital banking, Banco Inter is one of the best options for those who want to make ATM withdrawals without having to pay for it. In addition, other transactions such as TEDs and bill payments are also free of charge.

Next Bank

Widely used by salaried employees who receive their salaries through their Bradesco account, Next is their digital bank and thanks to this, withdrawals can be made at any time and without any additional charges, either at ATMs in Bradesco branches or at 24-hour ATMs. In addition to this advantage, Next offers other services, such as discounts on products, credit card offers and more.

Next Joy seat

If you are under 18 but want to make financial transactions, including withdrawals, Next Joy is the ideal option. It also allows you to connect to your parents' account so that they can regulate your children's transactions and start their financial life in a healthy and safe way.

C6 Bank

Another digital bank that is very popular with Brazilians, C6 Bank also offers free ATM withdrawals. In addition, the bank also offers other options for its customers, such as credit cards, toll and parking services, a global account with amounts converted into dollars and more.

BMG Bank

Thanks to the cashback service on purchases and free transactions such as payment of boletos and TED, Banco BMG also joins the list of digital banks that don't charge for ATM withdrawals.

Iti Bank

Equivalent to Next for Bradesco, Iti is Itaú's digital bank and offers, in addition to free withdrawals at Itaú branches and 24-hour banks, online loans, credit cards with no annual fee and more.

Save your money with digital banks that don't charge fees

Faced with the effort of earning money for their expenses through hard work and the difficulties of saving and investing in the face of the country's economic situation, the last thing Brazilians want is to spend unnecessarily by simply transferring a sum of money from their digital bank account.

Fortunately, we see that there are not only digital banks that waive these fees and you can make your withdrawal without any major difficulties or losses, but they also offer other services for their customers. If you're not a customer of any of these banks, choose your preferred option and withdraw your hard-earned cash without having to pay anything.

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