If you're less than diligent when it comes to monitoring the your ATM withdrawals, here's some bad news. Two common checking-account missteps just hit their highest penalty level in almost twenty years, according to a new study by Bankrate.com.
The average fee for using an out-of-network ATM rose to $4.52 per transaction this year, while the average overdraft fee hit $33.07, according to Bankrate. Those numbers mark a record high for overdraft and ATM fees over the 18 years that the site has monitored them.
Atlanta topped the list of priciest places to get cash from an out-of-network ATM, at $5.15, while draining your account balance costs the most in Milwaukee, at $34.79, according to Bankrate, which surveyed 243 institutions that offered interest and non-interest checking accounts between July 9 and Aug. 5.