Denver has the highest ATM surcharges and overdraft fees in the nation, according to new report released Monday by .
In Denver, the average ATM surcharge (the fee charged by an ATM operator to a non-customer) is $2.80 .
That’s in addition to the average fee of $1.88 (fourth-highest in the nation) that Denver banks charge their own customers for leaving the network.
said that a customer that’s charged both fees would be out $4.68 for each out-of-network withdrawal.
Denver’s average overdraft fee is $33.60 .
Following Denver with the highest ATM surcharges are New York metro; Seattle, San Francisco and Houston.
The ATM surcharge fee in New York metro and Seattle with both having a ATM surcharge of $2.70.
Following Denver for the highest average non-sufficient fund fees are Houston at $33.53; Atlanta at $32.70; Miami, $32.63 and Boston, $32.47.
According to , the average ATM surcharge rose four percent to a new record of $2.50 .
This is the eighth straight year that the average ATM surcharge increased.
For the first time, 100 percent of the banks that surveyed charged non-customers to use their ATMs.
Many banks also charged their own customers for using another company’s ATM. This fee jumped 11 percent to $1.57.
noted that the percentage of free checking accounts offered by U.S. banks continues to fall as other checking fees continue to rise.
Only 39 percent of non-interest checking accounts surveyed are available to all customers free of charge, down from 45 percent last year and the peak of 76 percent in 2009.
Howard Pankratz: 303-954-1939, hpankratz@denverpost.com or
