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Quick Tip #9 Avoiding ATM fees

by helenonthesofa (follow)
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If you get cash out from an ATM which isn't your bank, or affiliated to your bank then the likelihood is that you'll have to fork out at least $2 for the privilege of doing so. If you do this a few times a year, then the costs can really add up. Here's a few hints to help you avoid this unnecessary cost:

Avoid $2 fees


1) Take cash out once a week from your bank's ATM if you need to. Plan ahead to decide how much cash you might need, so that you don't get caught out and about without cash.

2) Lots of banks have an 'ATM Locator' feature on their webpage, so if you're already out and about and have a smartphone, log on to try and find your nearest ATM. If you're going out and don't have a smartphone, do your research before you go, so you know where your nearest ATM is. Click here for an example of an ATM locator from St George Bank.

3) If you can't find an ATM for your bank, try seeing if you can get 'cash out' instead from a shop or supermarket. A number of major shops will allow you to get cash out and this doesn't incur a fee.

#Quick Tip
#Banking
#Fees
#Frugal
#Save Money
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