If you’ve ever had to pay $3 (or more) to get your own money out of an ATM machine, you aren’t alone.
Nobody likes those fees. Except banks.
America’s three biggest banks — JPMorgan Chase (JPM), Bank of America (BAC) and Wells Fargo (WFC) — earned more than $6.4 billion last year from ATM and overdraft fees, according to an analysis by CNNMoney that was verified by S&P Global Market Intelligence.
That works out to over $25 in fees annually for every adult American.
Despite public outcry, banks show no sign of scaling back on fees. The big three banks collected nearly $300 million more in ATM and overdraft fees in 2016 than they did in 2015.
More to read and yes, stop using ATMs where you are charged for getting your own damn money! HERE
If you can not find an ATM that will not charge you a fee? Talk to your bank and find out what network they are on, and where these ATMs are located. And remember, when you are shopping and using a debit card, and need extra cash? The merchant will let you draw out money at no charge (at least just about any place in Iowa will).
Keep in mind, this is MY blog! I post what I like, what I find interesting, or just downright too nice to not post. So leave if you are one of those easily offended shitstains found everywhere on our planet!