Current Events > At a $3 fee, when is using an ATM worth it CE?

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wackyteen
10/08/21 12:19:21 PM
#1:


What's the minimum you'd withdraw to feel like you weren't getting ripped off by the fee










My bank reimburses fees and I withdraw money like twice a month at most anyways so I'm usually not phased by a fee

Even if I was, I'd feel like $40 is the least I should withdraw

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EmetSelch
10/08/21 12:20:39 PM
#2:


Only if someone has got a gun to my back
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#3
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Blue_Thunder
10/08/21 12:25:57 PM
#4:


Never, just do cashbacks in that case.
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#5
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TwoDoorPC
10/08/21 12:27:11 PM
#6:


i am never paying money to access my own money

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modena
10/08/21 12:27:28 PM
#7:


I do it a lot for any amount. My bank pays me back each month for all ATM fees.

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XxKrebsxX
10/08/21 12:28:23 PM
#8:


I end up only paying these extortion fees when I'm with friends at a strip club and drunk.

Otherwise I never withdraw money.
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Funkydog
10/08/21 12:30:21 PM
#9:


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Ving_Rhames
10/08/21 12:32:44 PM
#10:


I'd pay $3 for feds to look away while I take a plasma cutter to it.

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ROBANN_88
10/08/21 12:34:29 PM
#11:


wait, you have to pay to use the ATM
or is this one of them theoretical scenario topics?

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#12
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theAteam
10/08/21 12:38:04 PM
#13:


I almost never use ATMs unless I absolutely need cash and have no other choice so a $3 charge isn't going to stop me even at $20 if there aren't any of my own banks around.

But like if I know I will need cash I'll get it beforehand at my own bank. This would be only in the circumstance where like, a restaurant only takes cash or something and I didn't know it until the meal was already ordered.

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Kombucha
10/08/21 12:39:21 PM
#14:


I would probably have to be a little desperate but I've been there. My current bank has a large ATM network with a few providers thankfully so paying ATM fees is a little unrealistic as a hypothetical.

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thronedfire2
10/08/21 12:40:23 PM
#15:


Never

dont use cash for anything anyway

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ROBANN_88
10/08/21 12:41:56 PM
#16:


AssultTank posted...
It depends. If it is an ATM belonging to your bank, you don't. For example, if you have a Bank of America account, you can use any Bank of America ATM for free, but a Bank of the West ATM will charge a fee.

sounds like a typical american problem

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divot1338
10/08/21 12:46:48 PM
#17:


Its not based on the amount of the service fee.

Its how much it will cost me to leave and reenter whatever place Im in that has such shitty ATMs. Like Disney World or a strip club.

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Relient_K
10/08/21 12:47:47 PM
#18:


I dont like to carry cash and I get cash back on my credit card so I just use that and pay it in full each month.

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bigblu89
10/08/21 12:48:17 PM
#19:


I never use an ATM that isn't affiliated with my bank.

There's too many places that do cash back.

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Funkydog
10/08/21 12:52:13 PM
#20:


AssultTank posted...
It depends. If it is an ATM belonging to your bank, you don't. For example, if you have a Bank of America account, you can use any Bank of America ATM for free, but a Bank of the West ATM will charge a fee.
Why is American so stubbornly behind on almost everything to do with credit/debit cards compared to the rest of the world?

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Ving_Rhames
10/08/21 12:53:52 PM
#21:


Funkydog posted...
Why is American so stubbornly behind on almost everything compared to the rest of the world?

Rigidity is the most important aspect of American culture.

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wackyteen
10/08/21 12:53:54 PM
#22:


Funkydog posted...
Why is American so stubbornly behind on almost everything to do with credit/debit cards compared to the rest of the world?
https://www.youtube.com/watch?v=8CTeLy3Ujxc

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thronedfire2
10/08/21 12:54:18 PM
#23:


Funkydog posted...
Why is American so stubbornly behind on almost everything to do with credit/debit cards compared to the rest of the world?

it would cost money to upgrade systems

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Questionmarktarius
10/08/21 12:54:31 PM
#24:


Do you guys not have debit cards?
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divot1338
10/08/21 12:55:20 PM
#25:


Questionmarktarius posted...
Do you guys not have debit cards?
Some places only accept cash.

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wackyteen
10/08/21 12:57:14 PM
#26:


Questionmarktarius posted...
Do you guys not have debit cards?
https://youtu.be/ly10r6m_-n8?t=25

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Questionmarktarius
10/08/21 12:57:26 PM
#27:


divot1338 posted...
Some places only accept cash.
If that place as an ATM right there, it's automatically a scam.
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wackyteen
10/08/21 12:57:50 PM
#28:


Questionmarktarius posted...
If that place as an ATM right there, it's automatically a scam.
but how?

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Questionmarktarius
10/08/21 12:59:01 PM
#29:


wackyteen posted...
but how?
Kickbacks from ATM fees, obviously.
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wackyteen
10/08/21 12:59:40 PM
#30:


Questionmarktarius posted...
Kickbacks from ATM fees, obviously.
Would a legitimate bank or CU do that

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Questionmarktarius
10/08/21 1:02:42 PM
#31:


wackyteen posted...
Would a legitimate bank or CU do that
Have you ever seen a recognizable bank logo on a, uh, "head shop" ATM?
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divot1338
10/08/21 1:03:25 PM
#32:


Questionmarktarius posted...
If that place as an ATM right there, it's automatically a scam.
Definitely but Im not about to swipe a debit card in some girls vagina.

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MC_BatCommander
10/08/21 1:03:31 PM
#33:


Never, if I'm going to a cash only place I'm getting money before hand

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uwnim
10/08/21 1:09:27 PM
#34:


I very rarely need cash. Like occasionally Ill need cash for parking, but everything else I just use my credit card.

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Questionmarktarius
10/08/21 1:09:58 PM
#35:


divot1338 posted...
Definitely but Im not about to swipe a debit card in some girls vagina.
Okay, an ATM that spits out $1 bills is a special exception.
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wackyteen
10/08/21 1:11:26 PM
#36:


Questionmarktarius posted...
Have you ever seen a recognizable bank logo on a, uh, "head shop" ATM?
No but I don't peruse those kinds of shops

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TendoDRM
10/08/21 1:16:28 PM
#37:


Ally reimburses ATM fees, so I never have to care. Not that I use ATMs much anyway.

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gatorsPENSbucs
10/08/21 1:18:13 PM
#38:


Gas stations near me have my banks ATMs in there, and my bank is like a 2 minute drive from the house . so any amount is too much for me to pay a fee to get my money.

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The Popo
10/08/21 1:21:02 PM
#39:


For anyone saying that their banks reimburse ATM fees, just a heads up - keep an eye out for ATM fees of $5.

It is sort of an unlikely amount, but the banks have programs In place to look for ATM withdrawal that are not multiples of $5, as that is the queue to recognize an ATM fee. If it shows you took out $63, then you likely took out $60 and the fee is $3, so that is what they reimburse you. If there is a $5 ATM fee, the programming tends to not recognize it as a fee. If you call the bank, theyll reverse it right away, but it can sometimes slip through the cracks.

Just a heads up.

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RiKuToTheMiGhtY
10/08/21 1:23:12 PM
#40:


I do not use ATMs that have a withdraw fee, that is highway robbery.

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smoke_break
10/08/21 1:36:01 PM
#41:


At least $80. Less than that I'll use cashback at grocery stores.

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Lokison
10/08/21 4:32:17 PM
#42:


Whenever you need cash, but I always pull out at least $100 regardless.

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