ATM fees hit a record high for the 11th year in a row and checking fees also increased, according to Bankrate.com's checking study released earlier this month.
The average total cost of an out-of-network ATM withdrawal is $4.69, up 2.6% from $4.57 last year. What's more, ATM fees are up 55% over the past decade, according to Bankrate.
The average ATM surcharge hit a new record for the 13th year in a row, rising to $2.97 from $2.90 last year. The average fee charged by a consumer's own bank for going outside the ATM network increased 3% to $1.72, also a new high.
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