Tired of paying ATM fees? Alliant offers ATM Rebates!

Man uses ATM rebates.
November 25, 2020 | Katie Levene

All checking accounts are not created equal. Some financial institutions charge you just to have a checking account, or charge a monthly fee when your balance is under a certain amount. And most banks charge you whenever you use an ATM that isn’t inside one of their own locations. In fact, rising fees means we're paying more for a checking account than we did 20 years ago.1 Ouch! Learn how you can avoid blowing your budget on ATM and checking fees.

Checking account maintenance fees:

Year after year, the average checking account fees continue to rise. This includes monthly service fees, ATM fees and overdraft fees. 


Bank Average1


Monthly maintenance fee for interest checking


No monthly maintenance fee

Minimum opening deposit to avoid monthly maintenance fee


No monthly maintenance fee

APY on interest/dividend earning accounts

0.04% APY

0.25% APY

ATM fees

ATM fees are a huge part of the cost that many Americans pay for their checking accounts, and they have been steadily increasing in the past few years. The average ATM fee, according to Bankrate.com, now stands at $4.64 per transaction. While still incredibly high, this is the lowest average ATM fee since 2016.1

And even though a fee of a few dollars may not sound like a lot, if you have a bank checking account and use out-of-network ATMs often, the cost adds up very quickly. “If you’re in the market for a new checking account, look for a bank that’ll reimburse you for out-of-network ATM charges. Thirty-two percent of the banks in Bankrate’s survey offer customers free out-of-network withdrawals,” says Amanda Dixon in a Bankrate article.    

Make the switch and start saving now

A great solution to save on ATM and checking fees without compromising on convenience and service is an Alliant High-Rate Checking account without a monthly service fee plus ATM rebates up to $20 each month.19

If you don’t yet have an Alliant checking account, switching today should be your next smart-money move. If you use ATMs a lot, you could save up to $240 a year! It’s quick and easy to make the change.

Alliant ATM rebates

An Alliant Visa® contactless debit card provides  access to more than 80,000 surcharge-free ATMs nationwide.19 Alliant also offers ATM rebates:

  • If you use other banks’ ATMs and they charge fees, we’ll rebate the fees up to $20 per month.19 That means as much as $240 more in your pocket each year!
  • Rebates will be deposited within one business day, so you won’t have to wait for your money. (Many banks that offer ATM rebates will not deposit your money until the end of the month.)


Need some more information before you make the switch? Check out these helpful resources:

How to switch bank or credit union accounts seamlessly

What are the advantages of a credit union?

How to decide if mobile banking is right for you

Katie Levene is a marketer fascinated with finance. Whether the topic is about the psychology of money, investment strategies or simply how to spend better, Katie enjoys diving in and sharing all the details with family, friends and Money Mentor readers. Money management needs to be simplified and Katie hopes she accomplishes that for our readers. The saying goes, "Knowledge is Power", and she hopes you feel empowered after reading Money Mentor.


1. Information provided by Bankrate, a third party not related to Alliant Credit Union. Alliant is not responsible for the content at their site. https://www.bankrate.com/banking/checking/checking-account-survey/

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