Imagine a debit card that only allowed you to withdraw $25 per day, and you had to pay an ATM fee each time you made a withdrawal. Bankrate.com: Worst debit card ever? May 29, 2015.
The measure set the withdrawal limit at $25 per transaction. With an average withdrawal fee in U.S. of $4.35, according to bankrate.com, and with most ATMs not dispensing $5 bills, the fee amounts to about a 20 percent levy on the poor. ALJAZEERA: “New Kansas welfare spending law is ‘tax on the poor‘” April 16, 2015.