Commbank atm use surges after fee change 20170928 p5vxdj.html – Breaking News & Latest Updates 2026
Advertisement
Advertisement
This was published 8 years ago

CommBank ATM use surges after fee change

AAP

Powered by

Commonwealth Bank of Australia has recorded a near 35 per cent lift in ATM usage, just days after it cut fees.

CBA on Sunday dropped the $2 per transaction charge imposed on customers from other banks to withdraw money from its ATMs.

"The removal of ATM withdrawal fees has had an immediate effect," CBA executive general manager Andrew Hall said on Thursday.

Advertisement

The collective national rise for the first three days of the fee removal was 34 per cent.

This included usage spikes of 16 per cent on Sunday, 38 per cent on Monday and 46 per cent on Tuesday.

email icon

Contact us

Share a tip-off, video or photo with us

Most viewed in Australia

More to explore