Due to the surging surcharge and the near-universal application of fees to nonaccount holders, Bankrate.com estimates — using Government Accountability Office, or GAO, data on the number of ATMs and nonaccount holder transaction volume — that consumers will pay nearly $4.4 billion in ATM fees in 2007.
Me: That’s a lot of loot. Please people, just go to your bank and get some money. Just because you’re drunk and you need cigarettes don’t hit the bodega atm. Make life harder for the banks.
Do you think this $4.4 billion number in 2007 will be higher or lower at the end of 2009? Oh yeah.