Tom Harkin

Should ATM Fees Be Capped at 50¢?

You need cash, and you’re not anywhere near one of your bank’s ATMs. So what do you do? Most likely, suck it up and accept the fee assessed for getting cash from a unaffiliated ATM. The average fee seems to be $3 nowadays, though it can run you $5 in some casinos or airports. And what does the transaction actually cost the banks …