Money, money, money, money! Β Makin’ it rain at the ATM is costing you more than ever these days. Β Of course, it’s a free service if you’re using your bank’s ATM, but when you start using somebody else’s money machine, that’s how they get ya on both ends. Β
And that charge is now at the highest rate it’s ever been. Β According to Bankrates.com, the average service fee for a transaction at a money machine that doesn’t belong to your bank is $2.51. Β But your bank tacks on about another $1.50 for an out-of-network transaction. Β Which means you’re looking at an average of $4 every time you slip your card into a strange slot.
Of course, there’s ways around it: buy something at a store and get cash back. Β But some stores have minimum purchases on cards. Β Or maybe you just walk around the block looking for another ATM. Β But that’s the point tonight.
We want to know: when it comes to ATMs, do you search around, or suck it up and pay the fee?
