ATM Machines Take a Bite Out of Your Budget
Monday, November 22nd, 2010 | Comments Off on ATM Machines Take a Bite Out of Your Budget
Our Frugal Finance editor has a bit of advice for these had times: keep enough cash onhand that you don’t need to withdraw money at another bank’s ATM machine.
Why all the fuss?
On average, your bank will charge you around $1.32 to use another institution’s ATM, according to a Bankrate.com survey in 2009.
Furthermore, the other institution will charge you an average of $2.22 to use its ATM.
You save cash by withdrawing money at your own bank, or keeping enough on hand.