Before you press "accept" on that next $2 ATM fee, consider the consequences.
Bankrate's 2010 Checking Study has some bad news for you on ATM access. From an increase in the average cost of an ATM surcharge to an uptick in the number of banks that charge consumers for going outside their ATM network, taking out cash can take its toll on your account balance.
However, as banking technology continues to become more sophisticated, there are tools that can help you avoid paying such hefty fees.
"You can scout out the locations of your bank's ATMs through mobile applications," McBride says.
Even if you are in a section of the country where your bank does not operate ATM branches, you can still navigate your way around ATM expenses. McBride advises another free and convenient option: using your debit card for cash back at point of sale.
Many online banks offer reimbursement for ATM fees. Beth Coggins, spokeswoman for Ally Bank, says the bank provides unlimited ATM usage for its customers and reimburses any fees charged by the ATM's operating bank.