ATM Fees at Record High for Out-of-Network Transactions
Most of us have been in a pinch somewhere in which we needed to get some cash to pay for goods or services and had to use an ATM that was not from our banking network, a situation in which the fees were staggering. According to a report released on Monday from Bankrate.com, ATM transaction fees for out-of-network withdrawals is now up to an average of $4.52, up 4% from 2014 and 21% from 2010. This fee is the combination of both the fee by the user’s bank and the fee charged by the ATM operator. Bankrate’s CFA, Greg McBride, told Huffington Post that “In all likelihood these fees are going....
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