Forget the $20 minimum: ATMs to dispense $1 and $5 bills

By Ben Popken, Today Contributor, NBC News

Forget the $20 minimum: ATMs to dispense $1 and $5 bills

January 20, 2013 Updated Jan 20, 2013 at 1:06 PM PDT

Even if you only have a dollar to your name, Chase and PNC want you to be able to take it.

The banks are in the process of deploying a new generation of ATMs that, among other features, will let you take out bills as low as $1 and $5. Chase's even have the ability to give out coins.

In recessionary times, it's perfect for draining your account to the last drop!

"We are always looking for ways to upgrade our ATM network with new functions that will make banking easier for our customers," PNC spokesperson Marcey Zwiebel told TODAY.

Just like how airlines have saved their customers, and themselves, time by installing machines that let customers print out boarding passes at the airport, for Chase, the new ATMs are more like full-service kiosks that supplement traditional tellers, company spokespersons told TODAY.

Besides $1 and $5 bills, they'll give out the usual $20s, along with $50 and $100 bills.

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