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Commonwealth Bank backflips on $3 withdrawal fee
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 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 facing backlash over new $3 withdrawal fee
Commonwealth Bank of Australia is facing backlash after it revealed it would charge customers $3 for taking out money at a branch, post office or by phone. The change comes into effect on January 6, however,
Commonwealth Bank pauses plans to charge customers $3 fee to withdraw cash
Australia's biggest bank has paused its plans to charge customers a $3 fee to withdraw their own money at bank branches around the country, a day after it was announced.
Commonwealth Customers Will Soon Cop A $3 Charge For Withdrawing Their Own Cash From The Bank
Commbank Australia has announced a change to its users' accounts that will see a withdrawal charge added from next year.
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 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. The development comes after Treasurer Jim Chalmers intervened,
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.”
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.
Seeking Alpha
10h
Commonwealth Bank Of Australia: 27 Times Earnings Is Too Much
The
Commonwealth
Bank
of Australia (CBA) is trading at a high P/E ratio of 27, significantly higher than its peers, which ...
3d
on MSN
Government urges Commonwealth Bank to 'reconsider' $3 withdrawal fee
The federal government is urging the bank to reconsider the move saying it is the 'last thing' Australians need in the lead ...
3d
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 ...
3d
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 ...
2d
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 ...
Monitordaily
15h
First Commonwealth Promotes Metzmaier to EVP, Chief Risk Officer
First Commonwealth Bank promoted deputy chief risk and chief compliance officer Linda Metzmaier to executive vice president, chief risk officer, effective Jan. 1, 2025.
Hosted on MSN
23h
Big brokers warn of “generational” overvaluations in ANZ, Commonwealth Bank, NAB and Westpac
Commonwealth Bank of Australia (ASX: CBA), National Australia Bank (ASX: NAB), and Westpac Banking Corporation (ASX: WBC) are ...
2d
on MSN
Ally Langdon exposes major problem with Commonwealth Bank
Allison Langdon has unleashed at the Commonwealth Bank for not fully eliminating the $3 withdrawal fee, which already applies ...
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