ATM Machine Bliss
Every single time I withdraw money from an ATM machine I have like a nanosecond of frustration when I realized that what I withdraw has to be a multiple of the 20 dollar bill (or 50). I quickly throw it to the back of my brain when I tear my receipt. Finally, just recently, I stopped for a second and gathered that nanosecond of deep realization that things didn’t have to be this way.
Why can’t I get my money in multiples of tens, fives, or why not oven ones? Why can’t I withdraw 13 bucks? The technology to do this has always been available. It’s because the same company (Diebold) owns the majority of them. I would even go as far to say that big business usually cares more about business and less about innovation. Every time I go to The Home Depot I always get 10 dollars cash back because… well I can, and should be able to. It just reminds me how there are so many little things that could be made, or presented better.
A little more insight about getting cash back. If you need to, and you are at a gas station, Wal-Mart, or something of the sort, you can always buy something, then get cash back from the cashier. You shouldn’t have to pay $2 to withdraw YOUR OWN money. At least when you get cash back at one of the aforementioned places, you get something for your 2 dollars.
September 11 2007 10:59 pm | Thoughts
Big Dan on 13 Sep 2007 at 7:57 pm #
I hate not being able to withdraw what I want. I wouldn’t complain so much if it was multiples of 10 but my bank only has $20 multiples, which stinks if say I only want $10 for quarters to do laundry or what every.
On the other hand, if I withdraw from a local small bank, their ATM has multiples of $10 but they charge you $2 for using their ATM & my bank charges me $3 for the withdrawal.
ATM fees are a huge rip off, it costs the bank almost nothing to process it in the days ETF & ACH transactions.
I’m with you on the debit card front. I’ve actually bought a $.25 pack of gum just to get $10 in cash.
Stick it to da man!