this post was submitted on 03 Dec 2024
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Commonwealth Bank to charge customers $3 'withdrawal fee' to access their own cash (www.abc.net.au)
submitted 3 weeks ago by Nath@aussie.zone to c/australia@aussie.zone
17 comments fedilink hide all child comments
 

I hope this inspires a massive migration off CBA and a rollback of the policy. Because if it doesn't, the other banks will be sure to follow.

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[โ€“] mattd@programming.dev 6 points 3 weeks ago (1 children)

Bank of America tried a $5 debit card fee back in 2011 and lost me as a customer. It was so unpopular, they ended up rolling it back.

[โ€“] Nath@aussie.zone 2 points 3 weeks ago

Precisely the outcome we want to see here. An exodus of customers leading them not only to roll this back but to put the other banks on notice that they really don't want to follow CBA's lead on this one.