excellent list ! there are a few videos from Sharyl Attkisson and Mark C Miller on the subject, but not this elaborate. Start writing that book ! don't wait till I won't need it anymore !
Who pays an ATM charge? Every bank and CU I have used has a network of free use ATMs. If you are using some no-name ATM at a grocery store, then you are paying for a convenience utility. Complaining about that fee is like complaining that the moving company "charges you for your own furniture."
Who pays an ATM charge? Every bank and CU I have used has a network of free use ATMs. If you are using some no-name ATM at a grocery store, then you are paying for a convenience utility.
It's for electric and data costs for the ATM. Most ATM's are 3rd party and PAY the establishment to have them there.
If you're really into having cash go to your bank or CU. Take out more than you need that should last for the month. I don't like using ATM's. Using a debit card for purchase or to get cash is the easiest way someone can get your info with those card readers. No fraud protection at most banks with debit. It's gone.
While the fees are dumb, there'd be no ATM's anywhere if they can't make money off them. Just like you pay the grocery store double than what it cost them. Heating, cooling, electric, equipment, employees, etc. $100 grocery bill you probably pay $20 extra. An occasional $3 ATM seems kind of trivial. You probably have bigger financial problems at that point.
The bestest scams are Wall Street scams. The latest funny is Open AI. They let some employees bail on some stock they owned. Given the share price the employees received, it values the company at $500 billion. This gives the scammers license to sell the rest of the company to pension funds, and even funds held in People's 401-k programs (now that Trump allowed Private equity to be held there). at that price or higher even.
Why not value an untested company at a market cap greater than Exxon/Mobile. There are no ethics among those on Wall Street and the public is so very trusting when everything is going up.
Don't worry, they will peddle Private credit issued by Open AI as well.
One day I'd like to write a book about these and create a website which rates every business on its scamminess, with exact details of the scam.