When my sister was in college, she used the ATM a lot. Whenever she needed some money, she’s go to the machine and pull out $20. Sometimes she’d check her balance. Then one day she realized, or my dad realized, that she was using an out of network ATM which charged around $5-7 (combined) each time she withdrew money. For every $20 she withdrew, she was paying a $7 fee. Every time she checked her balance, that’s another fee. Over the course of a semester, she racked up around $100 in unnecessary fees. In her case, she wasn’t aware it was happening but it’s a hard pill to swallow nonetheless.
Fortunately, with a few quick tips, being dinged by ATM fees is completely avoidable.
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