Thursday, March 17, 2011

Banks Jack Up ATM Fees, Blame Regulations - ABC News

ATM fees possibly being charged. $5.00 (we just switched to a free checking = free if you use ATM only and no tellers). Is this something that they will eventually start charging bank customers too... not just non customers? Right now in Illinois CHASE is charging $5.00 for non customers..






Banks Jack Up ATM Fees, Blame Regulations - ABC News: "'Consumers need to understand that using an ATM not owned by your bank is double dumb,' Mierzwinksi says, since both banks charge fees for the same service.

There are between 450,000 and half a million ATMs in the U.S., Moebs says. It can cost up to $15,000 to maintain an ATM that isn't attached to a bank branch.



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