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Commonwealth Bank backflips on $3 withdrawal fee
Commonwealth Bank reverses plan to charge cash withdrawal fees following widespread backlash
After announcing a controversial plan to charge customers a fee to access their own cash, Commonwealth Bank has backflipped on the decision following fierce backlash.
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.
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’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.
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 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 defends 'modest' fee to access money amid 'cash killer' controversy: 'Kick in the guts'
Angus Sullivan believes the charge represents the cost of doing business, but many customers have said they're leaving the bank for good.
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 to slug customers with new withdrawal fee in major change to bank accounts
The Commonwealth Bank will begin slugging many of its customers $3 for assisted cash withdrawals from next year when it closes their accounts and moves them on to new products. The major bank has revealed it will be closing and moving customers from their Complete Access accounts to Smart Access accounts on January 6.
Commonwealth bank announces major changes to everyday accounts and additional cash withdrawal fees
Commonwealth bank customers will now be subject to a $3 fee when withdrawing their cash with major new changes approaching in the new year. Customers of Commonwealth Bank Australia will now be subject to a $3 fee when simply withdrawing cash.
CBA caves in to pressure over plan to charge $3 for branch withdrawals
Facing a backlash, the bank has paused a move that would have led to about 50,000 extra customers charged for withdrawing cash from branches.
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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 ...
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ANZ, Commonwealth Bank, NAB and Westpac have had a monster 2024. Can it continue?
Australian
bank
shares like ANZ Group (ASX: ANZ),
Commonwealth
Bank
of Australia (ASX: CBA), National Australia
Bank
...
2d
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 ...
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