Have you
ever gone to an unfamiliar ATM and wondered if you would be charged extra for
using it? Maybe you’ve been surprised by how much you are charged for
withdrawing cash. Fees are a major way that banks make money, but often they
seem excessive. Bankrate.com recently found that out-of-network ATM fees now
average over $4.50.
But you
might not need to pay that much. Some banks and credit unions refund these
types of fees. They may also have rewards programs and no minimum balance. It
pays to shop around.
To check
whether your bank or credit union refunds
ATM surcharges, visit www.checkingfinder.com or www.kasasa.com.
Reference:
Gerstner,
L. (2015, January). Never Pay an ATM Fee Again. Kiplinger.com. Retrieved December 9, 2015, from http://www.kiplinger.com/article/credit/T005-C000-S002-never-pay-an-atm-fee-again.html.
