How Do You Reduce ATM Fees And Surcharges?
Here’s how to reduce ATM fees and surcharges when you withdraw cash from your checking account. Withdraw cash at your own bank’s ATMs. You should always withdraw cash from ATMs owned by the same bank as your checking account. Most banks offer free ATM transactions for customers who withdraw money from the bank’s own ATMs. Minimize fees when you withdraw from other ATMs. Avoid gas station and bar ATMs. They have high fees and surcharges added on to cash withdrawals. Find an ATM that advertises low fees and surcharges. You can see the charge added onto the withdrawal of any ATM before you complete the transaction. If the fees seem excessive, withdraw your money somewhere else. Keep in mind that your bank will also add a surcharge if you withdraw money from another bank’s ATM. Get cash at the grocery store. Instead of using an ATM, use your check card to get cash back in a grocery store. Whether you buy a lot of items or just a few, swipe your check card and ask for cash back on the credi
