Travelling to Taiwan? Here’s a Taiwan ATM withdrawal guide for everything you need to know — from fees to recommended locations to withdraw at with foreign cards.
Travelling to Taiwan and need to withdraw some New Taiwan Dollars (TWD)? This Taiwan ATM withdrawal guide covers everything you need to know — from fees and limits to the best ATMs for foreign cards and how to get the most value when converting your money.
Whether you’re a first-time visitor or a regular traveller to Taiwan, here’s how to make ATM withdrawals easy, safe, and cost-effective in 2025.
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Summary:
- Cathay United Bank ATMs are known for not charging extra ATM fees
- Expect 100 TWD – 150 TWD (~S$4.08 – S$6.12) in local fees per withdrawal
- Avoid Dynamic Currency Conversion
- Use multi-currency cards like YouTrip to save on fees and get competitive TWD rates
Do you still need cash in Taiwan?
Yes — while Taiwan is steadily adopting mobile payments, cash is still king in many places, especially at night markets, mom-and-pop shops, taxis, and in more rural towns.
So, unless you’re planning to stick strictly to upscale hotels and chain restaurants, it’s smart to have some cash on hand. And the most convenient way to get TWD? Using ATMs in Taiwan.
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Can I withdraw cash in Taiwan using my debit/credit card?
Absolutely. Most Taiwan ATMs accept international cards, including Mastercard, Cirrus, Maestro, Visa, Plus, and UnionPay. However, not all machines support foreign cards, so it helps to know where to go (more on that below!).
Tip: It’s best to use a debit card or multi-currency card for cash withdrawals, as credit card withdrawals often come with higher fees and interest charges.
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Where to find ATMs in Taiwan?
ATMs are practically everywhere — in 7-Eleven and FamilyMart stores, convenience stores, banks, metro stations, shopping malls, and airports. But for foreign cards, here are the best ATMs in Taiwan to look out for:
1️⃣ Cathay United Bank — Locate your ATM here
👉 Pro Tip: 7-Eleven stores in Taiwan often have Cathay United Bank ATMs that work well with foreign cards, are known for not charging extra ATM fees, and are open 24/7.
2️⃣ Bank of Taiwan
3️⃣ Taipei Fubon Bank — Locate your ATM here
4️⃣ CTBC Bank — Locate your ATM here
5️⃣ E.SUN Bank — Locate your ATM here
6️⃣ Mega Bank — Locate your ATM here
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How to withdraw cash at Taiwan ATMs
Here’s how you can withdraw New Taiwan Dollars at Taiwan ATMs with YouTrip in 4 easy steps:
1️⃣ Locate an ATM displaying any of these logos and insert your YouTrip card
2️⃣ Select ‘Saving account’
3️⃣ Key in your 4-digit ATM PIN
4️⃣ Withdraw your desired amount in TWD
👉 Enjoy FREE S$400 monthly withdrawals with YouTrip per calendar month with a 2% fee imposed thereafter
And there you have it — you won’t ever have to worry about running out of cash in Taiwan.
Taiwan ATM Withdrawal Guide: Fees, Locations, Exchange Rates (2025) — Find out more about how to withdraw with YouTrip here
Taiwan ATM fees
Here’s what you might be charged when withdrawing TWD in Taiwan:
- Local ATM operator fee: 100 TWD – 200 TWD (~S$4.08 – S$8.15) per withdrawal
- Your Bank’s withdrawal fee: Varies between 2-8% (check with your bank)
- Foreign transaction fee: Typically 1-3%
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Tips to minimise ATM fees in Taiwan
- Use a multi-currency card like YouTrip, which offers competitive TWD exchange rates with zero FX fees and free monthly ATM withdrawals of S$400. Do note that a 2% fee will be imposed thereafter.
- Withdraw larger amounts less frequently — this way, you pay fewer flat ATM fees
- Avoid dynamic currency conversion (DCC): Always choose to be charged in TWD, not your home currency
- Stick to Cathay United Bank ATMs, which are known for not charging extra ATM fees
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Taiwan ATM cash withdrawal limits
Taiwan ATMs usually have daily withdrawal limits, which can range from 20,000 TWD to 40,000 TWD (~S$815.14 – S$1,630.28), but this can vary by bank and your own bank’s limits.
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Exchange rates & conversion fees in Taiwan
When withdrawing cash at Taiwan ATMs, you might be asked whether you wish to withdraw in New Taiwan Dollars (TWD) or Singapore Dollars (SGD). Always choose TWD! If you select SGD, the ATM applies Dynamic Currency Conversion (DCC), which gives you a poor exchange rate with extra fees.
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Tips to avoid extra fees on exchange rates: Use a multi-currency card
Using a multi-currency card like YouTrip, Revolut, or Wise can help you save on currency conversion fees. These cards:
- Let you convert SGD to TWD at real exchange rates
- Avoid or charge lower foreign transaction fees compared to traditional bank cards
- Work at most ATMs and retail stores in Taiwan
Here’s a quick comparison between some of the best multi-currency cards in Singapore:
| YouTrip | Revolut | Wise | Amaze | Trust | |
|---|---|---|---|---|---|
| TWD Exchange Rate | 1 SGD = 24.35 TWD | 1 SGD = 24.34 TWD | 1 SGD = 24.34 TWD | 1 SGD = 24.34 TWD | 1 SGD = 24.34 TWD |
| FX Fees | No fees | On weekdays: No fees apply if you’re within your plan’s fair usage limit On weekends: 1% fee applies regardless of your plan | From 0.43% with a min. fee of S$0.01 (fee varies by currency) | No fees for FX transactions ✅ 1% fee (min. fee of S$0.50) for SGD transactions involving GrabPay, prepaid cards & other e-wallet top-ups | No fees |
| ATM Withdrawal Fees | Up to S$400 free monthly ATM withdrawals A 2% fee is imposed thereafter | Free monthly withdrawals of up to S$350 / 5 withdrawals A 2% fee is imposed thereafter | Free monthly withdrawals of up to S$350 / 2 or less withdrawals A 1.75% fee is imposed thereafter | A 2% fee is imposed on all amounts withdrawn | None |
*Rates taken as of 2025
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Taiwan ATM Safety Tips
- Use ATMs inside banks or busy areas like convenience stores or malls
- Shield your PIN while typing
- Don’t withdraw huge sums at once — keep things manageable
- Watch out for skimming devices — if the machine looks tampered with, find another one
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Get the best TWD rates with YouTrip!
Want to skip high fees and dodgy exchange rates altogether? YouTrip lets you pay with the best TWD rates with no fees and no hidden charges. You can also enjoy free monthly ATM withdrawals of up to S$400 with a 2% fee imposed thereafter. Perfect for hassle-free travel in Taiwan!
So if you’re looking for a go-to travel card, sign up for your complimentary YouTrip card today with <YTBLOG5> and get FREE S$5 in your account!
Then, head over to our YouTrip Perks page for exclusive offers and promotions — we promise you won’t regret it.
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Happy travels!
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