ATM surcharges are on the rise, but consumers are pretty adept at avoiding them, according to an April 2013 report from the U.S. Government Accountability Office.
According to the report, which was based on bank surveys and market research data, the approximately 420,000 ATMs throughout the U.S. had surcharge fees that averaged $2.16 at banks and $1.99 at credit unions in 2012. That's a 20 percent rise from 2007.
Only about 14 percent (275 million out of the 1.67 billion ATM transactions) resulted in a surcharge in 2011, however, which suggests that many consumers are finding ways to avoid the charges, such as using in-network ATMs.
The chart below shows the average ATM surcharge amounts for banks and credit unions for the years 2007 through 2012.
See related:GAO: ATM surcharges climbing
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