ATM fees are charges for using automated teller machines, typically ranging from $2-5 per transaction. You might pay your own bank for using another bank's ATM, the ATM owner for the convenience, or both—potentially doubling the cost of a simple cash withdrawal.

These fees add up quickly if you frequently use out-of-network ATMs. Many banks offer ATM fee reimbursements or have extensive ATM networks to help customers avoid fees. Some online banks reimburse all ATM fees as a customer benefit. Planning ahead and using in-network ATMs, getting cash back at stores, or choosing banks with generous ATM policies can save you hundreds annually.