My bank charges me $2 when I use someone else's ATM machine. In other words, unless I stop at a branch of my bank, I have to pay the usual $2.50 to the ATM owner, AND $2 to my bank. I questioned my bank on this procedure, as in I said "how can you justify charging me for using someone elses machine" and their only response was "all banks do that"... which is a bold faced lie. Not only a lie, but they could not come up with a single reason why it cost my bank money so as to pass that charge onto me. Again not only a lie, but the reasoning was 'we charge you that fee because we can'. So yeah, unless Im near one of my bank's branches, it costs me $4.50 to use an atm, which is ridiculous.
Believe me, I know. When they told me they charge because 'all banks do', I felt like they must think they are dealing with an idiot. Im a middle aged adult, Ive had plenty of bank accounts before, and none have EVER charged me like this. When I told them this, the woman simply shrugged and said 'well we do' as if daring me to take my business elsewhere. If I hadnt been in a time crunch to get an account, I would have done just that. After I return from vacation later this month, Im going to be switching to a local credit union.
lucky witch.
what bank is that?
Won't most banks insure 100% of your funds if it is in a non-interest bearing account? Those are insured by the bank not the FDIC I believe.
