ATM fees hit record high

ATM fees hit record high
September 25, 2007

CNNMoney.com: ATM surcharges and several other bank fees climbed to record levels over the past year, according to the latest survey from Bankrate. The firm's fall 2007 Checking Study found the average ATM fee jumped to $1.78, up from $1.64 a year earlier. Meanwhile, bounced check fees increased from an average of $27.40 in 2006 to $28.32 this year, and average monthly service fees on interest-bearing checking accounts climbed from $10.74 to $11.72.