A T M : THE COSTS WILL RISE TO USE THEM (1223 hits)
YOUR MONEY NEWS DAY 30 SEPTEMBER 2014 National
You may be used to taking that quick dash to use the closest ATM on the corner of that street or in that store, but you may not be in a dashing mood when you'll discover the cost of ATM usages may be costing you more money. Financial advisors are giving the alert that banks and owners of ATM machines will be raising fees in the very near future.
Recent heights will go into effect raising fees for users who do not use their own bank's ATM. In fact, the fees may be doubled because some banks will charge you if you use another's ATM other than your own banking firm. So, if a machine's fee is say: $3.00 your financial institution will also charge you an additional $3.00 as well. That's $6.00 for only one transaction. In additional warnings, financial experts say that the cost of using those overdraft fees may not be a safety net and rising fees may go over costing you more than $30.00 in order to prevent a returned check or purchase.
In order to save you money as much as possible-- you may want to dash away from the convienient places and stick close to your own banking providers which are usually free for it's customers. Otherwise, if you have money to go to "fees" Go Ahead ATM anywhere...There's one just around the corner.
