Banks are kind of shitty here - if you use another bank’s ATM, your bank (or the other, or sometimes both) will charge a small fee. Usually it’s something like $3, but some smaller banks and credit unions will actually pay all of those fees back, so a lot of folks don’t even notice that it’s there.
This specific situation is weird because it’s a dispensary, though. Thanks to the vagaries of local legality and federal illegality, the dispensaries are totally good selling drugs, but the banks are very much not good openly handling the payments for those drugs. Because of this, most dispensaries will contract their debit payments through a payment processor that can register their card readers as “cashless ATMs,” and who will effectively launder all of their debit transactions. The end result of this is that while the customer can pay with a card like a normal store, they end up having to choose between paying the ATM fee at the ATM, or at the register.
ATM fees in the US have been a thing since ATMs have been a thing. It’s not new and didn’t start in the great recession.
And what do you mean by the government shutting down banks? Banks were killing themselves by doing dirty financial tricks and approving garbage loans and playing hot potato amongst each other with them.
And the transaction fee goes right to the bank.
You get charged for a cash withdrawal? That’s rare here in the UK.
Charged by the ATM and sometimes also charged by your bank for using an ATM
It’s a scam
“This is America.”
Most do. I use a bank that reimburses the costs.
America’s national motto is “Yup, there’s a fee for that!”
Banks are kind of shitty here - if you use another bank’s ATM, your bank (or the other, or sometimes both) will charge a small fee. Usually it’s something like $3, but some smaller banks and credit unions will actually pay all of those fees back, so a lot of folks don’t even notice that it’s there.
This specific situation is weird because it’s a dispensary, though. Thanks to the vagaries of local legality and federal illegality, the dispensaries are totally good selling drugs, but the banks are very much not good openly handling the payments for those drugs. Because of this, most dispensaries will contract their debit payments through a payment processor that can register their card readers as “cashless ATMs,” and who will effectively launder all of their debit transactions. The end result of this is that while the customer can pay with a card like a normal store, they end up having to choose between paying the ATM fee at the ATM, or at the register.
Removed by mod
Removed by mod
ATM fees in the US have been a thing since ATMs have been a thing. It’s not new and didn’t start in the great recession.
And what do you mean by the government shutting down banks? Banks were killing themselves by doing dirty financial tricks and approving garbage loans and playing hot potato amongst each other with them.
Removed by mod
The fee goes to the bank when you use your debit card at the cash register it’s just the merchant that pays it then