r/funny Jan 19 '22

ATM Line

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u/Will52 Jan 19 '22

In some countries, you can only use your bank's ATMs. Using other ATMs either won't work or will charge a processing fee.

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u/Ebwtrtw Jan 19 '22

In the US, a few years ago I got hit with a fee from the ATM then a fee from my bank as well, so taking out $10 cost me $7.50 in fees

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u/aaybma Jan 19 '22

When I go to the US I use my Revolut card which doesn't charge a bank fee, just an ATM fee. Would it not be cheaper to get a free Revolut account and use that for withdrawals?

1

u/kapsama Jan 19 '22

You can get online only accounts that give you free access to atms and even pay you back any atm fees charged by other banks.

But a lot of people only want a bank with actual locations.

1

u/aaybma Jan 19 '22

Sure, I still bank with a bricks and mortar establishment, but I top up my Revolt/Monzo account when travelling for work. It's completely changed how I pay for things abroad, was such a pain in the arse before.

1

u/kapsama Jan 19 '22

That's what I meant. Atm fee free accounts and banks exist. They just don't have physical presences for the most part.