Paying money to get your own cash: Some big retailers charge for cash-back requests, federal agency finds | CNN Business

CNN  — 

Many US retailers offer the option to get cash back when you make a purchase with a bank debit card or prepaid card. But some charge a fee for that convenience.

It certainly can save you time because you don’t need to make a stop at an ATM. And it may save you from having to pay higher, out-of-network withdrawal fees if you’re not near any of your own bank’s cash machines. Bankrate recently found the average combined cost of out-of-network withdrawal fees — which includes the fee the ATM owner charges you and the

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Preserving humanity in the age of robots

Enlarge this image CreativeDesignArt/Getty Images Human...

French officials question Telegram CEO about child sexual abuse images and drugs

Telegram co-founder Pavel Durov speaks during a press conference in 2017. Tatan...

‘Pressure Cooker’: Why Millionaire Nvidia Employees Are Still Working Until 2 a.m.

What is it like to work at Nvidia, the $3 trillion AI chipmaker with a storied work culture over 30 years in the making?Long-time...