OPERATION CHRISTMAS CHILD 2012

Welcome to Cents To Save! Follow along as we pay down our debt, become mortgage free, and enjoy life. You can read more about this site here and subscribe to get all the latest updates sent to you by email or RSS feed here. Thanks for visiting!

ATM Fees!

This was not an impulse situation. It was situation of need. Yesterday, I did not realize that I have a "professional society" (career related) meeting. I only "remembered" when I flipped my calender at work from November to December. There it was, meeting at 6:30 pm, Dec.1.


It was at the hospital, which was not that far from work so I was going to hang out at work and get some studying done until it was time to go. In the afternoon, I reread the meeting brochure to double check the location in the hospital. I know about where it was, but I forgot that the meeting has a 10.00 fee associated with it. Also, parking was going to be 4.00.


Typically , I don't carry cash. I debit everything. That was not going to work this time. Both parking and the meeting fees were cash only. So, I was going to go to the 7-11 next door and use my ATM/debit card with a purchase and get the extra money at the register.


Went to get my debit card out of my purse, and no debit card. Crap. My hubs had used it for a previous purchase two days ago and did not return it. Fine. So, now I had to go home and get the card, ( one hour before meeting) and go to the bank and get the cash. (Hubs did not have any cash either).


So.. after driving home and before arriving at the hospital, I stopped at a Sun Bank near the hospital. I would just use the ATM and get the cash I needed. ( FYI... I am not a Sun bank customer, but a BOA customer).


I put in my ATM and get out the 20 bucks I needed, and checked my receipt. The bank charged me 2.95 dollars in ATM fees to withdraw this money. Holy Cow!! What a Rip Off!!! I had no idea that the fees have gone up so much! ( I usually go to my own bank to get cash) Granted, the transaction process may have told me on the screen that the fees were going to be that much, ( I don't recall) but it did not matter. I had to have the cash for the meeting and parking.


Now... and in the future, I will have a small stash of cash in my wallet. Right now, it is about 10 dollars. But after payday, I will keep at least 40 to 50 dollars on hand. I have learned a valuable and expensive lesson.



Subscribe to ~~ CENTS-TO-SAVE ~~ by Email

4 comments:

Paula said...

my mom always kept a 'spare' fifty in her wallet. I never seem to have a spare anything. I understand about the fees. We try never to use the atm other then our bank. The fees are just wrong.

Unknown said...

Sorry you had to incur bank charges. :-( You know ... if I get money out of an atm, that atm charges me AND my bank - so it's a double whammy ($4+) for us. I will say we haven't done that in almost a year, but still it hurts the times we have!

Anonymous said...

I am like you, I always debit everything because I can directly see what is being deducted online. I still carry some cash around. I am curious, when you debit from a diff bank ATM machine, do you take out a lot? I try to take out more just because if I'm being penalized, I try to take more out just so I feel like it's at least worth the trip.

Lisa said...

Paula,

The fees suck! The situation was out of the norm for me, but I have learned my lesson. Stash a little Cash!

Craig,
I do not usually if every debit from a different bank. On the few occasions that I have, I will take out more. Yesterday, I knew my funds were a little low, so I only took out the 20.00 dollars.

ShareThis