Bank overdraft and ATM fees hit record highs this year, according to Bankrate’s 2019 checking account and ATM fee study.
In 2019, the average overdraft fee is $33.36 while the average ATM fee hit $3.09, the study found.
Out-of-network ATM fees are also increasing towards $5 per transaction.
Overdrawing checking accounts is becoming even more expensive. The average non-sufficient funds fee increased for the 19th time in the past 21 years.