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ATM stamp prices

By Rich Murray

Real Estate Agent with PMNC, Cary, NC

August 03, 2010 02:54 PM

I was at my local bank today making a deposit at the drive through ATM. I noticed a while back that the ATM's were selling postage stamps. I thought this was a good idea at the time. Seeing I had some business letters to send tomorrow, I decided to get 2 books of 18 stamps. I didn't pay any attention to the price because whenever I buy stamps at a department store or grocery store, the price is the face value of the stamps. After buying the stamps, I looked at the amount I was charged and it just looked "off" to me. I was charged $19.08. I wasn't far from home and when I got to my home office desk, I got out the calculator. When I put in the #'s, I was a bit upset. I had just paid .53 each for .44 stamps.

I wanted to share this so that you may avoid the same mistake I made. It seems that the banks have found a new way to get more money from us.

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Daniel J. Hunter

REALTOR® - New Port Richey, FL

That is a 20% premium. But should you have expected anything else from a Bank

Aug 03, 2010 03:10 PM

Rick Irving

My Texas Home Real Estate - Fort Worth, TX

Rick Irving Knows Real Estate

That is an expensive stamp. It seems postage is too high anyway and then have the bank get in your pocket a little deeper. Thanks for the warning about the prices. I will stick to the post office to buy postage.

Aug 03, 2010 03:13 PM

Rich Murray

PMNC, Cary, NC - Cary, NC

GRI, ABR

I could have ordered them online and had them delivered to my house for $1.00. I was just shocked that the bank market them up that high.

Aug 03, 2010 03:30 PM

Joshua Zargari

MJ Decorators Workshop LI staging and home decorating - Lynbrook, NY

MJ Decorators Workshop

Really expensive!

Aug 04, 2010 12:07 AM

Robert L. Brown

www.mrbrownsellsgr.com - Grand Rapids, MI

Grand Rapids Real Estate Bellabay Realty, West Mic

Can i say Cha Ching. It's ALL about the banks trying to stay IN your pockets.

Aug 04, 2010 01:03 PM

Ya Robert. I agree. Anything they can do to get an extra nickel, they snag it. I really hate banks.

Aug 04, 2010 02:04 PM

Bruce Walter

Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Thanks for posting your experience here, Rich. I hadn't heard anything like that but from now on I will be careful.

Aug 04, 2010 03:42 PM

Georgie Hunter R(S) 58089

Hawai'i Life Real Estate Brokers - Haiku, HI

Maui Real Estate sales and lifestyle info

That's disturbing, but I suppose it's to be expected. The poor banks need to make money somehow. ; )

Aug 08, 2010 04:18 PM

Russel Ray, San Diego Business & Marketing Consultant & Photographer

Russel Ray - San Diego State University, CA

Some grocery stores sell postage stamps here and charge more for them. It's a convenience fee, and it can be convenient if it's 8:00 in the evening and the post office is closed.

Aug 21, 2010 01:04 PM

Actually Russell, we have postage machines in the post office we can get them at for face value.

Aug 21, 2010 03:22 PM

Stanton Homes

Stanton Homes - New Home Builder - Raleigh, NC

Design/Build Custom Home Builder in North Carolina

I've seen the "buy stamps here" sign and was wondering how much they cost! Convenience has a price... and apparently it's 9 cents per stamp!

Aug 24, 2010 02:05 AM

Anonymous

Joanie

Just realized it as well. I paid about 10 cents more as wel. Won't do that again!!!!

Jun 26, 2016 12:34 AM

#12

ivan

i just paid $11 for 18stamps . 47cents each at the post office. hate the bank.and i do not think it is legal.

Aug 04, 2016 03:16 AM

#13

Dan

Unfortunately this is legal to do

Dec 14, 2017 11:40 AM

#14

Pam Bennett

Wow I was just about to go, and buy them atm

Oct 28, 2019 05:52 AM

#15

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