This really hits hard for those rare times you withdraw cash

Money ATM fees (WFTV Staff/WFTV)

A recent study shows that ATM fees have reached an all-time high, with a national average of $4.77.

That amount includes both the fee from your bank and the ATM for out-of-network transactions. On average, ATMs charge $3.19, while your bank adds $1.58.

This is up by four cents from last year. A decade ago, the average was $4.35, and 20 years ago, it was $2.66 (which would be $4.42 when adjusted for inflation).

Atlanta has the highest ATM fees at $5.33, followed by San Diego and Phoenix at $5.22. Among the 25 major metro areas studied, Boston has the lowest fees at $4.16.

Matt Ray

Matt Ray

Matt is a Jacksonville native and has been in radio for over two decades. Matt also owns his own production company that produces Award winning Radio and TV commercials all over the country for a variety of clients.

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