Using another bank’s ATM? Fees are increasing!

by mickeykessler on March 17, 2011

in Latest News

atm Using another banks ATM? Fees are increasing! Think a $2 ATM fee is high? How about $4 or $5?

Currently, banks charge non-customers an average of $2.33 to use its ATMs. Now Chase, which operates the second largest ATM network in the country, is testing the higher fees in two states.
In Texas, non customers are being charged $4 and the fee is $5 for those in Illinoise. The fee for non customers everywhere else remains at $3, which is still higher than the average according to Bankrate.com.

There is no news as to when Chase will roll out the higher fees natiowide. For now, we can only hope that it doesn’t come to California anytime soon.
Chase customers are not affected, but are still charged $2 to use an out-of-network ATM.

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