New York ATM Fees Among the Nation's Highest: Survey

Monday, September 26, 2011

A survey by the website confirms what New Yorkers may have already noticed when withdrawing cash from an out-of-network ATM: fees are going up.

New York has the fifth-highest ATM fees of major American cities, following Denver, San Diego, Houston and Seattle.

The survey also found fewer banks are offering free checking accounts: 45 percent, down from 76 percent two years ago.

Bankrate's survey included only bank ATM fees, and not the fees charged by the non-bank cash machines commonly seen in delis.

"Some smaller banks as well as online banks can have ATM reimbursement policies and in both of these cases it really serves to level the playing field against the larger competitors," said Bankrate's Greg McBride.

The average fee in New York City is now $2.60 — 20 cents higher than the national average.


More in:

News, weather, Radiolab, Brian Lehrer and more.
Get the best of WNYC in your inbox, every morning.

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.


Latest Newscast




WNYC is supported by the Charles H. Revson Foundation: Because a great city needs an informed and engaged public


Supported by