Friday, March 18, 2011

 

ATM Fees: How to Avoid Them

If you would like to avoid paying another bank or company to deliver your money to you in the form of cash then you should consider these two tips when using an ATM.

1. Check the logo and name on the ATM you are considering using. If it is not the same as your bank, do not use it. If you have difficulty remembering what bank your money has been deposited in you should be aware that it is usually printed on the bank card you would use to access the ATM. You can look on the bank card and then look at the ATM.

2. If an ATM is going to charge you a fee they will notify you and ask you if you would like to continue with the transaction. This will require you to read the entire sentence shown on the screen. When asked if you would like to continue you will likely be given two choices: YES and NO. You must be sure to chose 'NO'. If you choose 'YES' you will be charged.

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