Automated Teller Fees Spreading, Groups Says
Nearly twice as many banks are charging customers for use of automatic teller machines as were doing so four years ago, a consumer advocacy group said Monday.
Seventy-eight percent of banks surveyed last year charged fees for use of the machines, known as ATMs, according to the U.S. Public Interest Research Group, which was founded by Ralph Nader.
The group said the average fee charged customers to use a machine owned by the bank rose to 65 cents from 26 cents. Average fees to use a machine not owned by the cardholder’s bank rose to 84 cents from 65 cents.
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