Finance Minister Katy Gallagher has joined the chorus of government ministers calling on the Commonwealth Bank of Australia (CBA) to reverse its $3 (US$1.95) cash withdrawal fee.
The fee applies to withdrawals at the branch, through agencies such as Australia Post, and over the phone. However, it does not apply to cash withdrawals from ATMs.
Gallagher indicated the government is paying close attention to the decision and urged a rethink just before Christmas.
“I think that this type of charging and looking at $3 per transaction, I think, it’s really hard, and particularly for those customers that have those types of accounts and want to go into the branches,” she said on ABC News Breakfast….
5 months ago
