While it is an easy way of obtaining your money quickly and efficiently, ATMs are notorious for their service charges. You can end up being charged every time you use the ATM, if you're not careful. Some banks will charge extra fees if you do not meet certain requirements or do your banking with them. It depends on the bank. You need to understand the terms of your bank and find the best plan for you.
Banks can also charge fees for certain transactions such as check writing and fund transfers.
Evaluate how many checks you write and how many trips to the ATM you take in one month. This can not only save you extra money, but may also help you curb any unnecessary spend habits. Internet banking or web banking has become an extremely popular way to do all your banking. You can check balances, transfer funds and pay bills, all from the comfort and convenience of your home or office computer. Internet banking may also have a price.