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Old Oct 1, 2012, 9:12 am
  #304  
DrSifu
 
Join Date: Mar 2011
Posts: 159
Originally Posted by ThunderStorm00
Do you mean 25+24 = 49 withdrawals?



Do you mean 20+20 = 40 withdrawals?

This has been driving me crazy all morning and I still cannot figure this math out... Please can you explain??

In the above example brackets why are you adding the 2 sets of 25 $2.50 and 24 $2.00 withdrawals in the first AMEX case and then 2 sets of 20 $2.50 withdrawals for the second Wells Fargo Example? It almost seems like you mean 49 and 40 total withdrawals respectively
-- but then that doesn't make sense adding to 10k either... (??)

-- So please can you explain what you meant here?
It is the cost of using the ATM. One charged by the ATM owner and one charged by the card issuer. AMEX allows one free ATM withdrawal per month for free, so that is why you see 25 (charged by ATM owner) + 24 (charged by AMEX). I assumed an ATM withdrawal fee of $2.50 by the ATM owner.
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