Here & Now Here & Now

Support the news

ATM, Overdraft Fees Pile Up04:13
Download

Play
This article is more than 6 years old.

Banks are making more money from customers who overspend and use out-of-network ATMs.

A survey from Bankrate.com shows ATM fees have gone up 5 percent in the past year.

Charges for overdrafting a checking account have also hit a new record high for the 16th straight year.

These fees can burden lower-income customers and make it harder for them to save.

NPR's Marilyn Geewax  joins Here & Now's Jeremy Hobson to discuss these rising fees and how it is affecting customers.

Guest

This segment aired on September 29, 2014.

Support the news

Support the news