AtmFee

Would You Watch an Ad Instead of Paying an ATM Fee?

What if there was a simpler solution to avoiding an ATM fee than running all over town looking for an in-network machine? One entrepreneur says he's found it: Instead of paying a fee to use an out-of-network ATM fee, Clinton Townsend, the founder of Free ATMs NYC, proposes consumers watch an ad, the New York Daily News reports. Townsend has already installed one of the free ATMs at a New York City music venue.

Wells Fargo's $3 Debit Card Charge: More Fees to Come?

A new report emerged Tuesday that Wells Fargo will begin charging some customers $3 every month to use their debit card -- further indication that banks are putting on the squeeze as new swipe-card regulations are set to take effect.