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Commonwealth Bank Faces Backlash Over AU$3 Withdrawal Fee: How Does It Compare To Rivals?
The Commonwealth Bank's announcement of changes to its transaction fees, including a AU$3 withdrawal charge, has sparked outrage among customers, with many saying they will close their accounts if the new charges take effect.
The bank announced Monday that its customers will switch from the Complete Access Account to the Smart Access Account as part of the modifications. Any withdrawals made from the new account in a branch, post office, or over the phone will be subject to a $3 fee from Jan. 6, News.com.au reported.
"We're getting in touch to let you know that after reviewing our transaction accounts that are no longer on sale, we have decided to close our........
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