How to avoid those extra costs at the ATM

(WBNS)
Published:

Millions of Americans use the ATM every day, but some may be paying more for the privilege.

A trip to the ATM is costing more and more — a huge spike from what we were paying 20 years ago.

If you don't have the cash to cover your withdrawal, you're paying more than 33 dollars in overdraft fees.

And an out of network machine could cost you nearly $5. But it all depends on where you live.

But people are going the distance to avoid the charge. Seventy-five percent travel to find an ATM operated by their bank.

So, three ways to avoid paying more?

  • Know your balance.
  • Ask for cash back instead of going to an ATM.
  • Look into a non-traditional bank.