No ATM fees in new Ore. unemployment debit cards
Tuesday, November 29, 2011
SALEM, Ore. (AP) -- Oregon residents who get unemployment and child support payments on prepaid debit cards will soon have fewer fees to worry about.
State Treasurer Ted Wheeler said Tuesday that his office has negotiated a new fee schedule with U.S. Bank, which operates the program. People who get their benefits on a ReliaCard will have free and unlimited withdrawals from U.S. Bank ATMs and two free withdrawals per month from ATMs operated by other banks.
They'll continue to be able to use the card without a fee at merchants that accept Visa cards.
The revised fee schedule takes effect once officials finalize the new contract. The old contract allowed two free ATM visits per month. Activists had complained that it allowed the bank to collect fees from people who could least afford it.