Aussies Pay $600 Million In ATM Fees Annually

It’s always been a good idea to use your bank’s own ATM to avoid paying fees. As this infographic demonstrates, with one major operator lifting its fees to $2.50 a time and others expected to follow suit, it’s more important than ever.

Finance comparison site Mozo put together the infographic, which suggests that we’re often swayed by convenience and end up paying more than we should. The site also makes a useful point: if you must use an ATM which charges a fee, at $1.50 per withdrawal NAB is still cheaper than the alternatives.


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