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Many (not all) banks have requirements to keep your account free. Number of debit card transactions/bill pay, minium balances, direct deposit requirements, etc.
by nommm-nommm 10y ago
Many (not all) banks have requirements to keep your account free. Number of debit card transactions/bill pay, minium balances, direct deposit requirements, etc.
"Going to your banks ATM" isn't very convenient 99% of the time unless you never leave town. You end up going to the closest ATM. Especially if you are on foot.
- swimfar 10y agoThere are many ATMs which don't charge any fees at all, even for other banks. I'm on the other side of the country as my credit union, and I have lots of options for fee-less withdrawals. Although you may end up paying a fee if you need money quickly and you just go to the nearest one, which may or may not charge a fee.
- nommm-nommm 10y agoI've never seen one that doesn't charge anyone at all in the US. Credit unions have alliances that they can join to use each others ATMs fee free, same with banks. That doesn't change the fact it's often inconvenient to go to an ATM you don't have to pay for and you need to pay sometimes.