FAQ: Does it cost me to use the ATM?

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Does it cost me to use the ATM?

Answered on October 6, 2013 | Updated on October 6th, 2013

Tags: ATM, Fees

The content is accurate at the time of publication and is subject to change.

Yes. Even if the credit card issuer does not charge you a fee for ATM withdrawals, the ATM you use can charge you. Everything gets even worse when you use the ATM that does not belong to your bank or credit issuer’s ATM network: you will be charged two fees, by your creditor and by the ATM.
The issuers also charge APR for cash advance, which are rather high and have no grace period, so the interest starts accrue immediately.
So it is worth to contact your credit issuer and ask how much does it charge.

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All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.