Use your ATM

There has been a lot of talk recently about ATM charges and up coming changes to the fee structures for being ‘Disloyal’ to your bank and using another bank’s ATM or an independent ATM.

The fact is that we have always been charged additional fees for using other banks’ ATMs.

The easy way to avoid paying the fees and avoid all the current drama is to only use your banks ATMs. It could not be simpler!

Now – as always let’s put the savings into real dollar terms……

If you cannot be bothered to walk a bit further and find your bank’s ATM you could end up paying $2.50 per withdrawal – possibly even more if get check your balance first.

If you were to regularly use another banks ATM – say once per week you would end up paying $130 in charges.

Sure occasionally there is no option and you have to go with what is around, but if you make it a habit to always look for your bank’s ATMs you will save heaps!