October 3, 2016 in Banking

Ouch! These 7 US cities have the worst ATM fees

It has never been more expensive to withdraw money from an out-of-network ATM.

Fees are at record highs in the 2017 Bankrate checking account survey. The average cost — including fees assessed by both the ATM owner and your bank — has climbed for the 11th straight year, to $4.69.

The survey finds these cities have the highest fees among the 25 largest U.S. metro areas. We count down to the city with the very worst ATM charges.

Average fee charged by customer’s own bank: $1.77

Average fee charged by ATM’s owner: $3.15

Total average out-of-network ATM fee: $4.92

National average: $4.67

Average fee charged by customer’s own bank: $1.71

Average fee charged by ATM’s owner: $3.25

Total average out-of-network ATM fee: $4.96

National average: $4.67

Average fee charged by customer’s own bank: $2.00

Average fee charged by ATM’s owner: $3.05

Total average out-of-network ATM fee: $5.05

National average: $4.67

Average fee charged by customer’s own bank: $1.94

Average fee charged by ATM’s owner: $3.17

Total average out-of-network ATM fee: $5.11

National average: $4.67

Average fee charged by customer’s own bank: $2.05

Average fee charged by ATM’s owner: $3.06

Total average out-of-network ATM fee: $5.11

National average: $4.67

Average fee charged by customer’s own bank: $2.04

Average fee charged by ATM’s owner: $3.10

Total average out-of-network ATM fee: $5.14

National average: $4.67

Average fee charged by customer’s own bank: $2.04

Average fee charged by ATM’s owner: $3.15

Total average out-of-network ATM fee: $5.19

National average: $4.67