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What is the difference between a transaction fee and a surcharge fee?

April 26, 2017fee surcharge transaction

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What is the difference between a transaction fee and a surcharge fee?

2 Answers

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A transaction fee is a cost you may incur when using the card. You can make one ATM cash withdrawal for each benefit deposit at any ATM location without having to pay a transaction fee. A surcharge is an additional fee that may be charged by the owner of an ATM. You will never have to pay a surcharge if you use a Washington Trust, Allpoint or Chase ATM.

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Posted

A transaction fee is a cost you may incur when using the card. You can make one ATM cash withdrawal for each benefit deposit at any ATM location without having to pay a transaction fee. A surcharge is an additional fee that may be charged by the owner of an ATM. You will never have to pay a surcharge if you use an Allpoint or Chase ATM.