ATM Fees Hitting Record Highs

Fees at the ATM are hitting your wallet at record highs.

FOX News Radio’s Bill Vitka reports:

The average cost of using an ATM that is not linked to a customer’s bank has scaled a new peak…?It will cost you a record $4.52 to get your own money.

According to data provider Bankrate, the bill is even bigger in Atlanta and New York, where the “out-of-network” cost is now more than $5.?In some places under certain circumstances, the fee can even reach $8.

That record price is the result of a 21% spike in fees over the past five years.

The new high reflecting in part the fact that people aren’t using ATMs like they they used to.?They’re just too expensive.

Bill Vitka, FOX News Radio.