Are ATM fees heading higher again?

hehehehehehehe... I can count the number of times I have used an ATM on 1 hand !!! Anyone who pulls out $10.-$20. each day or uses an ATM more than once a week is either budgetarily AND mathematically challenged or have a severe lack of financial control. Their credit cards are probably also maxed out. And they're always the first ones to whine about bank charges and interest rates. NewsFlash... it don't cost ya anything if ya don't use it.

That is just robbery, if I was a customer of any bank that does this even though it pertains to non customers, I would close shop and move to another bank. This kind of greed is getting way out of hand. Forget about governmet fixing it either, its up to the customer to start making smart choices and force these idiots from being able to rape you blind of your money.

You Know if these Big CEO s gave back those Hugh Bonus .Maybe they would not have to rob the poor working people. All this is, is Greed Greed!!!!!! Go ahead and kill the goose that lay the eggs

Meh, as long as my bank doesn't start charging me then I'm not going to throw to much of a fuss... I have to wonder... how much does it actually cost a bank to give money to another bank's customer?

As a strategy I would almost advertise that you undercut all the other banks to boost the number of people using your service and therefore boosting profits on volume and taking advantage of increased traffic to your "storefront"...

Not a memeber of my bank? Here's why you should be... commercials could lead to new customers!

Come on execs... be creative!

Banks know they can do this, because people will complain, government will complain, but no one will really do anything.
Somthing has to change, or one day we'll be looking back at the 'good old days' of $5 ATM fees.
Canadian Government is going to elections soon, maybe this should be a issue to discuss, "how banks treat customers?".

This is a bloody outrage......

Let's look at a VERY interesting Canadian FACT below

RBC's annual disclosure shows CEO Gordon Nixon's base salary was unchanged at $1.4 million, but he received a $9-million bonus consisting entirely of company shares and stock options. No cash bonus was paid.
That compared with a $7.35-million bonus in 2008, including $2.4 million in cash.
Nixon earned a total of $10.4 million in 2009, including share-based awards, option-based awards and deferred share-based compensation, compared with $8.75 million in 2008.
Nixon also received nearly $1.7 million in pension value and $41,885 in other compensation for 2009, to bring the total value of his compensation package to $12.1 million, compared with $9.6 million in 2008

But yeah, those *@&#** ATM fees need to go up, otherwise the banks will go out of business!!!!!

Just another rip off ...................... somebody votes the people in who can do something about it .where are they ???

Remember when ya walked into a bank and they had 5-7 teller stations with actual people sitting behing them ? When was the last time you've seen more than 3 tellers available. Aside from a few banks, how many branches open before 10:00 AM and close after 4:30 PM or are open on weekends ? Ever hear of banker's hours ? Those still exist... plus the branches are smaller, with less employees. Banks are raking in profits off the backs of employee downsizing because of all the people who wanted their little conveniences at their fingertips or in the middle of the night. Why ?? Because people can't budget for more than 2 days, let alone 1-2 weeks and they need their little daily ATM conveniences, same as their little drive-thru conveniences (perish the thought you get your fat azz outta the car and walk 30 feet), same as their llittle cellphone convenience. CONVENIENCE = $$$$. It comes down to choice and control.

Got notification from my bank yesterday. Increases accross the board, debit,safety deposit boxes,
travellers checks money transfers...all going up June 1

I had a bank account with Scotiabank, they started charging fees I closed the account and went to CIBC, they started charging fees I closed my account and went to Royal Bank, they started charging fees so I closed my account and went to pc financial and I am very ahppy with them because they don't charge any fees and I can do everything including telephone and internet banking.
BTW the fees the banks we're charging me was either a monthly fee to give me access to put money in their banking system for them to use and make money off of AND if I did more then 4 transactions a month I was charged for using my OWN banks banking machines unless I wanted to spend $10 a month to get more transactions.
The best solution is to leave the bank and go to a bank that is not a bank.

In Ontario they already charge $3. If you use interact it is $1.5 and $1.5 at your bank. The kicker here is that Interact is owned by the large banks. I think the big three.

Everything is an extra charge now. do you remember when certain thiings were a cost of doing business ie) bags for what you buy. It is not just the banks but everyone! Telus now wants 2.00 if you want a paper bill to save the planetl.......so......they get the savings from not generating bills.......they see increased revenue for the bill they have to produce(which was built into the price of the service before)....they show increased revenue so the CEO gets a big bonus becasue revenue increased......any money they donate (to save the environment) I imagine they write it off but really gets me is at least twice a week in my mail I receive a really nice shiny and glossy Ad from Telus to buy or upgrade my services????? How noble of them to charge me to help save the planet. What utter BS

OK lets go folks, we'll open our own bank, and call it "THE PEOPLES BANK".

5 years ago the Canadian Government and RBC got together and stated " We will be removing all fee's from the ATM since the consumer already has to pay 1.50 service charge at thier own branch for using others machines on top of the 1.50 from the ATM" Well guess what it hasn't happened yet neither has the fact that taxes we to be abolished after World War II this tidbit was accidently released to the press back in 1944. So do we let our representitives in government continue to lead the sheeple around by the halter or is it time for others to FINALY SPEAK UP and stop the beligerant misuse of our tax payers dollars for people that work for 3 months making over 150k a year for 3 years then they get a full pension for the rest of thier lives at our expense.

Back in the day when ATM's were first introduced... GST was unheard of and you didn't have to pay a provincial sales tax on Banking Services. The Greedy (aka Banks) , upon the introduction of the GST, quickly struck a deal with the Feds to pay a one time sum on all their fees... 30 years later, banks are now posting 100's of millions in profits which are completely generated by service charges and yet not one cent has gone toward this country's deficit.....scandalous.

if it is only the ATM Fee's that you are upset about today , why have you forgotten about the first quarter profits of all your banks , THINK ABOUT IT how much is enough don't you think that they have suffered enough ? can you say recession .

HI I am a disabled person and fees hurt us alot. I feel the banks need to give people on pensions a break. I would go paperless but ODSP wants monthly statements which are 1.00 each.
I must give six months worth every time they ask, That is 6.00 dollars out of my small pension that I could use to feed myself. That is also the cost of 2 home cooked meals.
I only use my branch and talked to the Manager and She kindly helped me out as best as she could. I don't pay for statements now and I do pay a book fee of 2.00 a month for everything. I will be happy when I turn 59 and have just this one fee. It is for the printed book for updates which I also need to show my ODSP worker every 6 months.
Scotia Bank has been my home branch since I was a small child. I know the cost of paper is expensive and I do my part to stay to my own ATM's and not use others because my poor pension couldn't bare the loss of these funds.
I can understand if you are in the hospital. I was for four months and had to use thier ATMs so I know I paid then but it was an emergency.
So talk to the Banks and News Papers and we can all do our part in keeping fees down by complaining. I did and it helped me out.

i have been a customer of vancity savings (a bc credit union) for years and have been treated very well.Imoved back to Ontario in2007 and went to the credit union in sarnia to cash in a bunch of change that i had accumulated. What a shock that was refused because i was not a customer of theirs well i asked about transferring my account from bc to their bank i was told i had to open a new account and would have to supply 3 pieces of identification and their would be a credit check.Good lord what happened to the day you walked into a bank and spoke to an account rep and filled out a signature card and you had an account all you did then was make a deposit and you were in business

If only their fees were capped at 2x the actual cost... But hey, who are we kidding, if that happened then we might expect the same for cellphone and internet data, and that would require a responsible Government acting in the populations interest and Canada hasn't had one of those in generations.

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Even if they will have a high fees on it, as long as it has a good service. But it would be a lot better if they will just offer an accurate fee to ATM service. Many are clamouring about the issues about this machine, but in fact this will be given a solution.