Commonwealth Bank quickly ‘pauses’ cash withdrawal fee after public backlash
After significant backlash, the Commonwealth Bank has decided to 'pause' changes it announced only yesterday that would see some customers hit with a cash withdrawal fee. The bank admits it communicated the decision poorly,
Commonwealth Bank retracts controversial account fee plan
The Commonwealth Bank has backed down from a controversial plan to move some customers to an account charging a $3 fee to withdraw cash at its branches.
Biggest Australian Bank Nixes Plan to Charge for Cash Withdrawals
Commonwealth Bank of Australia scrapped plans to charge customers a fee to withdraw cash at branches and on the phone within a day of announcing a policy that drew criticism from the government.
Commonwealth Bank Backflips On Its Plan To Charge Customers $3 For Assisted Withdrawals
We feel we didn’t get the communication right on this, so we’ve paused, and we want to take a different approach.”
Commonwealth Bank announces pause on $3 withdrawal fee move after widespread anger from customers and politicians
The Commonwealth Bank of Australia has been forced to backflip on its decision to charge customers a fee to withdraw cash after copping criticism from its customers.
Commonwealth Bank pauses 'kick in the guts' $3 withdrawal fee plans
Less than 24 hours after an announcement that was met with criticism from politicians, the bank will pause the change for an estimated 100,000 customers for at least six months.
Commonwealth Bank executive defends $3 fee for some customers, says cash handling is ‘expensive’
Ally Langdon took a CommBank executive to task on Tuesday night over the bank’s controversial decision to charge customers to withdraw their own cash.
Commonwealth Bank unveils account changes that will charge customers $3 'withdrawal fee'
Some Commonwealth Bank customers who withdraw cash at branches or post offices will soon be charged $3 for the privilege, after the bank announced it was migrating a legacy everyday account to a newer offering.
Commonwealth Bank backs down on cash cost hike amid anger over fees
Commonwealth Bank has backflipped on a move to slug customers a $3 fee to cash out at its branches amid outcry from the top of politics.
Commonwealth Bank’s ‘change in approach’ on new $3 withdrawal fee
The Commonwealth Bank will “change its approach” after its plan to charge some customers $3 to withdraw cash from a branch sparked national fury.
Aussies angered as Commonwealth bank revises transaction fees to $3
Commonwealth Bank, Australia's largest lender, introduces a $3 fee for every cash withdrawal starting January 6, 2025, sparking customer outrage. The
What’s fair in the fight to keep bank branches open and access to cash alive?
Letting the banks charge their own extra fees might be a non-starter. The government has some other ideas, including a cash ...
Commonwealth Bank Gains Substantial Stake in Australian Clinical Labs
Australian Clinical Labs Ltd (AU:ACL) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks ...
AI Cuts Scam Losses, Speeds Up Home Loans at Top Australia Bank
Commonwealth Bank of Australia said generative artificial intelligence tools cut customer losses from scams in half. It has ...
The eye-watering legal bill Commonwealth Bank wants to claw back from the long-running Raine Square row
Commonwealth Bank has dragged Westgem Investments’ litigation financier to court demanding it cover the legal bill left ...