Overdraft And ATM Fees Hit Record Highs

Bank overdraft and ATM fees hit record highs this year, according to Bankrate’s 2019 checking account and ATM fee study.

In 2019, the average overdraft fee is $33.36 while the average ATM fee hit $3.09, the study found.

Out-of-network ATM fees are also increasing towards $5 per transaction.

Overdraft fee historical chart
Overdrawing checking accounts is becoming even more expensive. The average non-sufficient funds fee increased for the 19th time in the past 21 years.