Bank of America Raises ATM Fees to $3
Published September 14th, 2007
Bank of America has quietly raised ATM fees it charges noncustomers to $3. The bank has more than 16,000 national branch location machines; of these, some 6,000 are located in such public places as malls, movie theaters and stadiums. Fees to use these ATMs will remain $2. The bank raised its fee to pay for upgrades to its ATM network, it said. Bank of America maintains the largest ATM network in the country. Because of its weight in the industry, it is widely expected that other banks will follow suit — despite grumblings from customers.
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