Brad Roemer Shares Easy Ways to Avoid ATM Fees

Introduction

Is there anything worse than needing to take out a few dollars from the ATM only to find that you have been hit with ATM fees for using another bank. While Brad Roemer knows that this needs to be there since you are costing that bank time and money to get money from your bank, it is still irritating, to say the least. Well, there are some really simple ways to avoid that if you can just plan ahead. Of course, if you are overseas, this may be a little harder to accomplish. However, we think that you might find one or two tricks on this list that can even save your bacon when you are there too.

Fee Free

No matter where you are, you will always come across a reason to need to pay in cash. Sometimes it can save you a little bit of money or maybe the credit card machine is down at the restaurant that night. Either way, you may have a need to get some cash, but you are not wanting to deal with the fees that are associated with it. Take a look at the list below for some easy ways to avoid those pesky ATM fees.

1.       Your Branch – As Dorothy said in The Wizard of Oz, there is no place like home. If you are looking for the easiest way to avoid the ATM fees, always get money from your branch. Yes, this is sometimes easier said than done, but if you can just plan ahead you might save yourself that fee the other guys are going to charge you.

2.       Reimbursement – This may be an option that your bank has, but no one takes the time to ask. It might have been stated in that document that you “read” and signed. It is always good to read over any contract that you make with anyone for any reason. At any rate, there are a small number of banks that will refund your money if you are not the kind of customer that uses ATMs all over town and you incurred a one-time fee. Additionally, there are several online banks that have little to no ATMs and they will give your money back if you just ask them for it. Remember, it never hurts to ask. The answer will always be no if you don’t ask the question.

3.       Cash Back – An often overlooked solution is one that is very simple. Many grocers offer the option of getting cash back. This can be done at check out. Simply ask the person to add a certain amount to your bill and then they can give you the change from the transaction. This costs them no extra money, as you have already swiped your card and they incurred the fee already.

Conclusion

Having cash can be a pain, but Brad Roemer knows it can be a pain to not have money. Make sure that you try some of the options listed above if you want to avoid those costly ATM fees. It may not seem like a lot of money, but it can add up quickly if you do not keep it in check.