ATM, Overdraft Fees Pile Up04:13


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

A survey from 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.


This segment aired on September 29, 2014.

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