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Bank of America Corporation Message Board

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  • farmlegend farmlegend Sep 13, 2007 7:42 PM Flag

    $3 ATM FEE

    Higher ATM fees usually do not generate the incremental revenue they appear to at first blush, as they encourage folks to access cash in less costly (although frequently less convenient) ways, or make larger average withdrawals. Demand elasticity in action.

    Being long BAC, I happen to like the move.

    Don't like paying the three bucks - use another machine!

 
BAC
15.15-0.28(-1.81%)Jan 30 4:01 PMEST

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