Average ATM Surcharge Reaches New High


atmsCNBC reports that an annual analysis of checking accounts from Bankrate.com finds that the average A.T.M. surcharge – the fee charged by the machine’s operator to a noncustomer – rose 4 percent to a new record of $2.50.

This is the eighth consecutive year that the average surcharge has increased. And, for the first time, all of the banks surveyed by Bankrate.com for the report charge noncustomers to use their A.T.M.’s.

The increases are part of an overall attempt by banks to replace fee revenue lost because of new caps on the amount they can charge retailers for debit-card transactions.┬áThe surcharge, according to the CNBC report, gets even more expensive when your own bank gets into the act, charging you – its customer – for using a competitor’s machine. This fee rose 11 percent, to $1.57.

{Noam Amdurski-Matzav.com Newscenter}


  1. be prepared for it to get even higher, pretty soon.

    save yourself from going into a life of stress & dept, by destroying your credit cards & making a budget plan with your spouse & living up to it.

    we need to learn what it means to be responsible & know that if we don’t have enough to take a vacation or go out to eat etc… then we won’t go & hopefully next week we will.

    save yourself now before you need to claim bankrupsy & forclose on your house C”V


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