Yesterday, needed some folding money for my nearly empty wallet.

Go to nearest bank, drive-up ATM. Insert card, pin #, etc and hit the keypad for $200, YES to the $3 surcharge. Out pops 2 $100 bills. Every ATM i've used recently would have been 10 X $20.

Drive to the Drive thru window and ask to swap a $100 for 5 $20 bills. She asks me for my birthdate. Uh, why do you need that. "to verify your account". I don't have an acccount here. "WE WILL CHARGE YOU TEN DOLLARS TO GIVE CHANGE"

You charge $3 to take my money our of your machine and $10 to break the $100? Yes.

Is this something new in banking? First off, most ATMs give $20s, not $100s (which can be a PITA sometimes, like, driving away with 50 $20 bills.)

Mom taught, "always keep your banker and your lawyer within choking distance."

I'm thinking this is why.

The Chase drive up ATMs around here are 20s only, that I've seen.

The walk up ATMs inside the bank have 5, 10, 20 available. Don't think I've seen 100s in an ATM for distribution

I don't want to name the bank that did this so I will tell you that their initials stand for First Arkansas Bank and Trust.

Ooops

quote:

Is this something new in banking?

If it is, I'm stashing my money in a hollowed-out mattress.

Seriously, you need to get shed of that bank ASAP. I have been pleased with my local credit union.

I hate that too. At first, I had no choice, but most now let you pick the denominations. Every once in a while though...

Find out who has fee free ATM's around you. The Publix stores here have them

My Navy Federal card is free to use at a lot of different CU's too

I'm not concerned about the usage fee, USAA reimburses the fee. It's the fee to make change! There is a Stand Alone USAA ATM about 13 miles from my house (No fee and $20 bills) I can call USAA and request a one time large withdrawal if I want, that's when I got the 50 Twenty Dollar bills.)

Two weeks ago we needed a $100 bill for a gift. I took 5 twenty dollar bills to the grocery store customer service and asked to buy a $100. She pulled the hundred out of the cash drawer, scanned it to show it was real and handed it to me and asked if there was anything else. I asked her if she wanted the 5 twenties...oopsie face

I think between the cashless society we seem to be moving to, online banking and just everything online/digital in general now, traditional banks staffed by tellers are in deep trouble and struggling and trying to stay afloat any way they can.

The one big credit union here in my area actually got rid of all human counter bank tellers a few years ago. You walk in there and walk up to ATM machines to do anything.

My bank, PNC, has an option button to select the bill denominations. If you do not hit the button it will default to whatever it wants. Usually it will give you the least amount of bills.

Mild rant.

My debit card’s chip has been iffy for awhile but I’ve been dragging feet on getting a replacement since it expires next month. Went up north last weekend and it failed to work twice, magnetic strip wouldn’t read either,

Went into the bank lobby Monday, teller said “you should have it by the end of next month”. So yesterday morning the magnetic strip completely failed to read. Went back in, got another teller. She said “No problem, I can issue a new one right now and it’ll be good until your new one arrives next month”.

Really? So why didn’t the first teller offer me a new one Monday?

^ I'm wondering why you still need the one being mailed if they've given you one that works.

vthoky, love that quote from your mama! Never heard that one before but it's great.

When my ATM/debit card stopped reading, I went into the branch and after a ~15-minute wait I got a new one on the spot. The number stayed the same but the expiry was changed; since it had not been lost or stolen I kept the same PIN, but that could have been changed had I wanted it. That charge to take money out of your own bank's ATM is no bueno.

Easy answer..society at large does NOT want you to use cash money. They want you on that card tattay 24/7.

Something I didn't expect...A guy local to a town I was in wrote me a check. I go to cash it at HIS bank. They wanted to charge me a fee. I think it was like $10 to cash a check on HIS bank. All b/c I did NOT have an account there. This was in Lowell OH.

IIRC several years ago there was a major news story about several major banks was starting a new policy that there would be a cash fee to talk to a live teller for any interaction.... Did not last very long before policy was dropped..........................drill sgt.

Banks need be more covert with this stuff, kind of like car dealerships. About thirty years ago they installed change machines at Ohare airport. Put in a dollar and get 95 cents back. I am surprised the banks dont charge for parking. Jerry Spence,the attorney called them banksters.

I guess it’s as close to giving you wampums and then charging you a fee to change it into usable bills.

You're the perfect candidate for First CitiWide Change Bank.