Transcript for ATM Fees Spike
about bank fee, new report showing unprecedented increase in atm speed. How do consumers feel about this new development and how do we know if it's happening to you? We asked matt gutman to find out. Reporter: Nationwide fees are on the rise and hitting you in the atm. How much do you pay? 3. Reporter: It's insane. A new report shows piece at record highs. Up 4% since 2011. Every time you use an atm not your own, getting charged an average of $2.50. What does it feel like everything to access your own money and having to pay to access your own money? Does that bother you? Reporter: The most expensive city, denver, then seattle and san francisco. But that's not all. Your own bank can hit you with fees if you use another bank's atm. For the first time you might spend $4 for a transaction and the free checking account is becoming a dinosaur in 20069 cuss banks offer customered 39% of free checking. And fees up 25% since last year. Now averaging $65 a year. They're goi up at a rapid chase. That's unlikely to change any time in the foreseeable future. Reporter: The american bank association counters that the average bank account costs them $350 a year. They warned new financial regulations would end up costing consumer morse. And that's what happened. Matt gutman, abc news, miami. If you want to compare your banks fees to other big banks across the country, go online. Abc news.Com will help do you just that.
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