Find no-fee ATMs4 of 7When customers need cash but they're away from home, they can use their smart phones to find nearby teller machines. Many banks help customers find ATMs that are within the bank's network so their customers can avoid an ATM surcharge, says Bissell.With mobile banking, this is possible because smart phones can take advantage of global positioning system, or GPS, technology to locate where the customer is, he says. If consumers can find ATMs that don't charge fees, they can save a lot of money, says Bissell. Related Articles:Is mobile banking safe?Mobile banking for you?Community vs. big banksOnline banking benefitsRelated Links:Auto loan on cell phoneAre bank branches extinct?Pay by cell phone4 tips to thwart ATM thieves advertisement
When customers need cash but they're away from home, they can use their smart phones to find nearby teller machines. Many banks help customers find ATMs that are within the bank's network so their customers can avoid an ATM surcharge, says Bissell.
With mobile banking, this is possible because smart phones can take advantage of global positioning system, or GPS, technology to locate where the customer is, he says. If consumers can find ATMs that don't charge fees, they can save a lot of money, says Bissell.
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