ATM FEE* Charge (What It Is + Is It Legit?)

When you withdraw cash from an ATM that is outside your bank's network, the ATM operator or your own financial institution applies a usage fee that gets recorded on your statement as ATM FEE* rather than a more descriptive label because banking transaction systems use standardized shortcodes to categorize and report these fees across multiple processing networks. The asterisk in ATM FEE* typically indicates that the charge is a pass-through fee appended to the original transaction, a common formatting convention used by core banking platforms to distinguish service charges from the actual withdrawal amount. At around $3.50, this one-time charge is the standard out-of-network ATM fee that millions of Americans encounter, and seeing ATM FEE* on your statement simply confirms that fee was captured and billed separately from your cash withdrawal.

No, this is a legitimate charge from ATM Fee. However, if you did not authorize this charge or cancelled your subscription, you may be eligible for a refund.

Frequently Asked Questions