Thoughts and Riches

.....a blog about personal finance, motivational stories, deals, and special offers

Books

Web Domain Registration

Friday, September 21, 2007

Avoiding Bank's ATM fees

Continuing with yesterday's theme about banks, Bank of America recently jacked up ATM-fees for non-customers from $3 to $2. Like most people, I don't like paying such fees. The amount may be small but the amounts can add up pretty quickly if there are many transactions over the month, especially since both the bank owning the ATM as well as your own bank may charge fee. To avoid going to ATMs frequently, we carry small amount of cash. If needed, we just go to our bank's ATM to withdraw cash, so don't have to worry about paying surcharges. Problems may come if we are short of cash or when traveling out of town, where there may not be any ATM machine of our bank. Fortunately, since we try to use credit/debit cards for shopping and most other transactions, so far such problems about ATM charges have been rare.

Also, some of the online banks, such as E*Trade Bank and Everbank, reimburse fees for ATM charges up to a certain number of transactions (if you meet their conditions). The Kiplinger.com article lists some of those banks as well as other ways (such as using debit cards) to avoid paying ATM fees.

For related articles, see:

Kiplinger.com: Bank of America raises ATM fees to $3

Kiplinger.com: Breaking the bank: ATM fees

Points.com eLearners Earn Rewards at MyPoints.

posted by Ruby @ 6:11 AM

0 Comments:

Post a Comment

<< Home

See important Disclosure and Disclaimer

Favorite Quote

"If you look at what you have in life, you will always have more. If you look at what you do not have in life, you will never have enough".
- Author Unknown

Disclosure

This site uses cookies from companies like Google and others to enable the companies to deliver their services, personalize their ads and product offerings, and for traffic analysis. Information about your use of this site is shared with these companies. By using this site, you agree to its use of cookies. Additionally, this site, including blog posts, may contain reviews, links, banners, text and other forms of advertisements for products, services, courses, and so forth of companies of which we may be an affiliate member or for which we may get paid for referrals. This site may also contain blog posts for which we are paid, as well as blog posts regarding products or services of companies from which we may have received complimentary products or services.

Reward Surveys/Panels/Shopping/Contests