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U.S. banks hike ATM fees

September 24, 2007

CNNMoney.com:According to Bankrate.com, theATM fees U.S. consumers pay are at an all time high, costing them $4.2 billion in 2006, and more banks are announcing plans to raise them even higher.Bank of Americarecently announced its plan to boost fees for non-customers at most of its ATMs to $3. And other banks, including U.S. Bank, which raised its fee at about 300 ATMs in California, and Wachovia, which raised fees to $3 at 200 ATMs on the East Coast, are following suit.
 
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