It happens to everyone sooner or later. You're reaching for some of that sweet, sweet money you earned and WHAM! You've just been hit with a sharp penalty known as a fee sting. The $2.50 – 6.00 fee usually happens when you need cash, but don’t have time to find an ATM that belongs to your financial institution.
For some people, fee stings only happen once in a while, but for other people who need cash and hit ATMs often can get overwhelmed in swarms on a regular basis.
Don't worry; fee stings aren't fatal — just painful. If you're fortunate, you may be able to visit your bank and ask them to remove the fee sting, but not every bank is willing to help in your time of need.
The good news is that it's possible to live a full and happy life without ever feeling the fire of another fee sting.
"How?" you ask. By switching your primary checking account to an institution that offers refunds on fees incurred at non-branch ATMs. Effectively, this turns any ATM into your ATM.
The types of institutions that carry these accounts are likely to be right in your community. Stop by a small bank and credit union where you live and ask them if they offer Kasasa. You can also search for institutions by ZIP code at DepositAccounts.com.
Beware: fee stings can happen when you least expect it. So keep your eyes peeled for things like monthly service fees, minimum balance fees, and paper statement fees — they are all painful and ultimately avoidable, especially when you choose an institution that offers Kasasa (plus you get sweet rewards on top of everything).