84 Views

Here Are 5 Clever Ways To Avoid ATM Charges At Your Next Transaction

Since the introduction of the cashless policy by the Central Bank of Nigeria, banks have devised and evolved various means to make money.
One of the important ways is underhand and secret ATM charge. You will realize that whenever you use your ATM card, aside from the amount paid, you will get alert for charges. Sometimes, you will be surprised by these extra charges which are deducted without being warned beforehand. Jumia Travel shares some ideas on how to reduce or bypass these ATM charges.
1. Plan ahead
Planning your itinerary is essential to avoid ATM charges which are the easiest way to avoid these fees. You can do this by developing a budget and be certain about the cash you want.
2. Always Use the ATM machine of your bank
There are so many banking regulations that are alien to everyday bank customers. One ATM rule is that you can withdraw from other ATMs thrice a month afterwards you will be charged N65. So, always use the ATM of your bank. For example, if you own a GT bank ATM, always use a GT ATM.
3. Pay cash instead of using POS
It is very easy to shop for groceries and pay for it via POS. if you do, you will receive a fee alert. But before you shop, you should withdraw enough money from the ATM of your bank rather than pay with the POS.
4. Take as much cash as you want
Carrying large amounts of cash is not advisable. But if you really want to avoid the charges, have a reasonable amount on you wherever you go so that you don’t just use any ATM whenever you need money!
5. Go to the bank to withdraw money
Many people prefer to either use ATM or Mobile banking. It is easier. But this is a sure way for bank fees. You can simply go old school by going to the bank to withdraw money especially when the ATM of your bank is out of cash!
Source: Leadership

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Leave a Comment

Your email address will not be published.

Latest Posts

Why I Divorced My Ex-husband – Daddy Freeze’s Fiancee
Entertainment
6 views
Entertainment
6 views

Why I Divorced My Ex-husband – Daddy Freeze’s Fiancee

PH - January 23, 2018

Daddy Freeze’s fiancee, Benedicta Elechi has in an exclusive interview with LIB, revealed that she filed for a divorce from her ex-husband because he was in a…

LIST of 16 States Ready to Establish Cattle Colonies For Herdsmen
Politics
17 views
Politics
17 views

LIST of 16 States Ready to Establish Cattle Colonies For Herdsmen

PH - January 23, 2018

Sixteen states in the nation have agreed to establish cattle colonies for herdsmen. The establishment of cattle colonies was an idea proposed by the federal government to…

What You Should Know About The Shaku Shaku Dance
Entertainment
60 views
Entertainment
60 views

What You Should Know About The Shaku Shaku Dance

PH - January 22, 2018

If you’re familiar with Nigerian music,  you’ll have noticed there is a long history of being able to make a hit musically when you have a good…

“I Can’t Hangout With Someone That Doesn’t Eat Amala” – Dj Cuppy
Entertainment
68 views
Entertainment
68 views

“I Can’t Hangout With Someone That Doesn’t Eat Amala” – Dj Cuppy

PH - January 22, 2018

Billionaire Daughter, DJ Cuppy, who recently went on Social media to complain about how she’s been battling with throat pain, has revealed the kind of people that…

See Inside Ex-President Jonathan’s Sitting Room In Abuja That Can’t Accommodate 10 People
Politics
78 views
Politics
78 views

See Inside Ex-President Jonathan’s Sitting Room In Abuja That Can’t Accommodate 10 People

PH - January 22, 2018

A retired Permanent Secretary and an associate of former President Goodluck Jonathan, Ambassador Godknows Igali, says the immediate past president may be the poorest former leader in…

See How Jim Iyke Rips Apart A Follower Who Urged Him To Marry
Entertainment
68 views
Entertainment
68 views

See How Jim Iyke Rips Apart A Follower Who Urged Him To Marry

PH - January 22, 2018

Nollywood Actor, Jim Iyke has lashed out at one of his followers who flogged him and urged him to marry asap, as age is not on his…

Simi Adeagbo, First African Female Skeleton Competitor in Winter Olympics featured in Nike’s “Forever First”
Featured
77 views
Featured
77 views

Simi Adeagbo, First African Female Skeleton Competitor in Winter Olympics featured in Nike’s “Forever First”

PH - January 22, 2018

Nike’s new short film ‘Forever First’ celebrates the power and mindset of Simidele Adeagbo, who is Africa’s first ever female athlete to compete in the winter sport…

SEE Photo Of Two Men Arrested With Counterfeit N8Million Cash In Niger State.
Shocking
62 views
Shocking
62 views

SEE Photo Of Two Men Arrested With Counterfeit N8Million Cash In Niger State.

MT - January 22, 2018

Following intelligence at the disposal of the Niger State Police Command in connection with the circulation of money suspected to be counterfeit, the operatives of the Command…

Goodluck Jonathan Is Broke, In Debts Over 2015 Election – Ex Diplomat, Boladei Igali Reveals
Politics
55 views
Politics
55 views

Goodluck Jonathan Is Broke, In Debts Over 2015 Election – Ex Diplomat, Boladei Igali Reveals

MT - January 22, 2018

While speaking during an interactive session with some journalists over the weekend in Abuja, former Career Diplomat and retired Permanent Secretary, Ambassador Godknows Boladei Igali, has said…

Relationship Expert, Joro Olumofin Shares 24 Qualities Of A Wife Material That Got Ladies Talking
Entertainment
62 views
Entertainment
62 views

Relationship Expert, Joro Olumofin Shares 24 Qualities Of A Wife Material That Got Ladies Talking

MT - January 22, 2018

Popular relationship expert, Joro Olumofi, has shared qualities of a wife material on his Instagram page. According to him, for men looking for wives, a lady must…

“Today Is A Very Special Day My Daughter”- Peter Okoye Celebrates Daughter, Aliona As She Turns 5
Entertainment
62 views
Entertainment
62 views

“Today Is A Very Special Day My Daughter”- Peter Okoye Celebrates Daughter, Aliona As She Turns 5

MT - January 22, 2018

Peter Okoye aka Mr. P and Lola Omotayo's daughter, Aliona turned 5-year-old today and the musician celebrated her via his Instagram page. "Today is a very special…

Meet The Soldier Who Ladies Love To Be Around With In Borno State. Photo
Inspiring
63 views
Inspiring
63 views

Meet The Soldier Who Ladies Love To Be Around With In Borno State. Photo

MT - January 22, 2018

An average Nigerian is always scared to come close to a soldier but this down-to-earth soldier who serves in Ngala of Borno – has won the hearts…

Why Rivers People Will Vote For Me In 2019 – Governor Wike
Politics
45 views
Politics
45 views

Why Rivers People Will Vote For Me In 2019 – Governor Wike

PH - January 22, 2018

Nyesom Wike, Governor of Rivers State, has said he would never ask people of the state to rig election in his favour. Speaking during a Thanksgiving service…

Inspiring: Meet The Lady Who Makes Furniture With Used Tyres Gotten From Dumpsites. [Photos]
Best of Nigeria
70 views
Best of Nigeria
70 views

Inspiring: Meet The Lady Who Makes Furniture With Used Tyres Gotten From Dumpsites. [Photos]

MT - January 22, 2018

This is really encouraging. Here’s an inspiring photo-story featuring a young entrepreneur who started making waves for herself during her teenage years. The young graduate of the…

Man Who Proposed To His Girl Friend At SARS Headquarters Finally Weds. [Photos]
Best of Nigeria
46 views
Best of Nigeria
46 views

Man Who Proposed To His Girl Friend At SARS Headquarters Finally Weds. [Photos]

MT - January 22, 2018

Last year December, A man proposed to his girlfriend of many years at the Special Anti-Robbery Squad SARS headquarters in Port Harcourt, Rivers state. The man proposed…

How Okada Rider Dumped His Wife And Got Married To Police Woman Who Helped Him
Romance and Love
58 views
Romance and Love
58 views

How Okada Rider Dumped His Wife And Got Married To Police Woman Who Helped Him

MT - January 22, 2018

A motorcycle operator identified as Essien has dumped Grace his wife of many years, and married a police woman who showed him love during his travail in…

Herdsmen Killings: ‘Why I’ll Hold Fulani Leaders Responsible For Any Attack’ – Gov. Fayose Sounds Warnings
Politics
87 views
Politics
87 views

Herdsmen Killings: ‘Why I’ll Hold Fulani Leaders Responsible For Any Attack’ – Gov. Fayose Sounds Warnings

MT - January 22, 2018

The outspoken Governor of Ekiti State, Ayodele Fayose, has sounded a warning to Serikin Fulani in the state, Muhammed Abashe, that he will be held responsible for…

Seven Banking Ideas For Students
Business
54 views
Business
54 views

Seven Banking Ideas For Students

MT - January 22, 2018

College season is near, which means that millions of freshmen from around the country will leave the snug confines of their childhood home for a room with…

Loading...