09-30-2011, 02:06 PM
0
ATM fees are not cut by any means. They are up. Banks are now charging double the fees thusly:
if you have your bank close by, use their machine - it's free.
If you use say WaWa's free atm, you get no charge from that machine but you get a fee of say $2 from your bank for not using their preferred machine.
If the machine you're using charges a fee and it's not an approved machine by your bank, you pay the atm's fee PLUS the $2 (or whatever it is) from your bank as well.
This is because of the new regulations put on banks to make up for "lost revenue" or more costs of doing business.
But yeah, Obama's taking care of the middle class.
if you have your bank close by, use their machine - it's free.
If you use say WaWa's free atm, you get no charge from that machine but you get a fee of say $2 from your bank for not using their preferred machine.
If the machine you're using charges a fee and it's not an approved machine by your bank, you pay the atm's fee PLUS the $2 (or whatever it is) from your bank as well.
This is because of the new regulations put on banks to make up for "lost revenue" or more costs of doing business.
But yeah, Obama's taking care of the middle class.
I have no idea what you're talking about so here's a bunny with a pancake on it's head