JP Morgan Chase says a proposal to raise its ATM fees for non-customers to as high as $5 has been set aside.
Fees of $5 were being charged in Illinois and $4 was being charged in Texas. Chase wanted to see if the fees brought in enough revenue to expand it nationwide. The fees for non-customers have since gone back to the $3 the bank previously charged.
JP Morgan Chase says it has no plans to implement the experiment anywhere else.
