Use your own bank ma­chine

StarMetro Vancouver - - Money -

We’ve all had to pay “con­ve­nience fees” for us­ing an ATM ma­chine that wasn’t pro­vided by our own fi­nan­cial in­sti­tu­tion. Ac­cord­ing to the Gov­ern­ment of Canada’s re­search on ATM fees, these costs can add up to be­tween $1 and $5 every time you make a with­drawal in Canada. If

you’re trav­el­ling, this amount can eas­ily dou­ble or triple. ATM fees are eas­ily avoided by plan­ning your cash re­quire­ments in ad­vance. We rec­om­mend that you take a look at your bud­get for the up­com­ing month, and de­ter­mine how much cash you’ll need. Then make one trip to your bank’s ATM ma­chine for the month. This will al­low you to

avoid pay­ing un­nec­es­sary ATM fees.

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