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The first automatic teller machine (ATM) debuted in 1967 in London and reached widespread use by the 1980s. The rise of ATMs marked the end of an era when you had to go inside a bank and speak with a teller to withdraw cash from your account. These days, ATMs are a common convenience, allowing […]
If you use an ATM, you could get hit with two fees—surcharges from the ATM operator itself and out-of-network ATM fees from your bank. There are ways to get around these banking fees, however. When you need to draw cash, you can avoid ATM fees by using in-network ATMs, choosing a bank that offers ATM
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You can avoid ATM withdrawal fees when you’re traveling internationally by using an in-network ATM from a bank that doesn’t charge foreign transaction fees or using a bank that refunds your ATM fees. If you’re using a credit card as well, you’ll also want to consider how to avoid paying the card’s foreign transaction fees
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