ATM Fees Reach 26-Year High in US, Overdraft Fees Soar: Bankrate Survey

ATM fees in some areas of the country have increased to more than $5 per transaction.
ATM Fees Reach 26-Year High in US, Overdraft Fees Soar: Bankrate Survey
A customer uses an ATM in Miami, Fla., on July 18, 2022 Joe Raedle/Getty Images
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Americans trying to access the money in their checking or savings accounts are having to fork out more in fees when using an out-of-network ATM, according to a recent survey published by the personal finance website Bankrate.

The national average out-of-network fee has soared to $4.77 this year, marking a 4 cent increase from 2023, and the highest average total fee since Bankrate started tracking fees in 1998, it said.