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Bankrate survey: Fees for foreign ATM use go up, again
October 27, 2008
The Associated Press:Fees for bounced checks and withdrawing cash from an out-of-network ATMs went up again this year, according to a survey released Monday by Bankrate.com. The average cost of using another bank's ATM is now $3.43, up 13 percent from last year. A bounced check costs an average of $28.95, up 2.5 percent from a year ago, according to the survey. The $3.43 average ATM fee includes the surcharge levied by the ATM's owner for non-accountholders ($1.97) as well as the fee banks charge for using an out-of-network ATM ($1.46). Nearly all ATMs have surcharges for nonaccount holders, according to Bankrate.com.
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