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Total yearly cost in U.S. of
ATM transaction fees
Although the prevalence of ATM surcharges and the average fees assessed
to nonaccount holders have both increased in the past year, it is
the decline in the nonbank ATM fees and the decreased prevalence
of the fees that has the biggest effect. Using GAO data on the number
of ATMs and nonaccount holder transaction volume, Bankrate.com estimates
that consumers will pay nearly $4.2 billion in ATM fees this year,
down from an estimated $4.3 billion in 2005.
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| Annualized cost ($ billion)
of all ATM fees |
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Fall 2006: Checking study
