Australia's Biggest Bank Just Backflipped Its New Withdrawal Fee

[@Epic3032]

they "paused" which means they'll bring it back

[@sampuatisamuel9785]

Yep

[@sotired7453]

Luckily after 50+ years I just took all my money out of the Com bank after being laughed at by a teller cause I read the Terms and Conditions when I went to update their agreement. So I took all my money out.

[@Chris-p2s1c]

Good on you!

[@bobbritten5673]

So what other banks in this country don't charge to withdraw cash ?? Every person needs to know and CHANGE , JUST MABY THE BIG BANKS MIGHT GET THE MESSIAGE, DON'T GET GREADY .

[@paigesmith5647]

It's not a full Backflip. Only a 6 month pause. Vulnerable customers whom don't change bank accounts, will suffer in 6 months time.

[@arclux]

Legislate for the protection of cash.

[@dalesmith4985]

Ditch them and go somewhere else

[@louieuow]

Take away their banking license!

[@AlexAlex-d5b9g]

Everyone have to stand together and change their banking to under pressure common bank with with disgusting withdrawal fee 👎

[@thewildwolf007]

My local CBA branch (booval) before they closed it down use to charge people $5 to withdraw cash from inside the bank

[@RainmakeR7454]

Time to switch to NAB

[@The321chippy]

Just another greedy company ripping off the average person DISGRACEFUL

[@handoko2020]

Wonder why people still have money with them anyway. I have mine in Ubank and Rabobank with no monthly fees with the highest interest. Can withdraw in supermarket for free, with a purchase.

[@gabin682000]

Bendigo bank charge atm fee , thats why i won't join the Bendigo Bank.

[@ThiliRocks]

No, there isn't. Just Google it.

[@ThiliRocks]

You may want to get your facts right. There is no ATM withdrawal fee on Bendigo or Adelaide banks for withdrawing money from your own accounts with their ATM cards. CBA charge was meant to be for their own atm cards.

[@user-uy8iy5nh1j]

They'll wait 6 months and say we are losing money in this quarter and charge 2$

[@tilkanash]

Which Bank Charges $3 a Withdrawal ...The Com bank CAN !

[@beamtweez1210]

Con-bank

[@dpitt1516]

Why can't banks realize money is here to STAY it's too important for regional Australia, charities, the elderly and disadvantaged. It's just pure greed and a total lack of understanding what the poor and disadvantaged are going through. Shame on the people that thought this rubbish would be a good thing !!!!!!!!!!!!!!

[@BlindBag-d8o]

Easy, just close your bank account and go to other banks😂

[@hazelem1266]

When commbank declined my 20 year old son’s application for a car loan despite him having $20k in the bank, I told him to change banks. He’s now with anz, yes I know another ripper off er, but he also has a mortgage for a home and savings.

[@Humble_abode-k2h]

Removes ATM's first though. Put them back first lol

[@ianjones7740]

Go to GREAT SOUTHERN BANK.

[@cassandralahey9786]

Will be changing banks I’ve had a Commbank account since 1984

[@STEPHENATKINSON-u4b]

If they do it again, we all need to take our money out of all the banks. This would bring these greedy pigs to their knees. All of us for a week withdraw and the banks would be crippled. Take the power back.

[@galacticforce1]

More profits

[@onemantwohands5224]

Now we backflip on our treasonous pollies and bring our Pauline in to sort em out .

[@petercocks7209]

I wish labor would listen to the punter like the bank did

[@michaelmallal9101]

CBA makes gigantian profits.

[@PaulStewart-tj1ju]

I grew up with a local credit union a people’s bank locally owned bye the people bring it back Australia 💪💪💪

[@chanuka6404]

What all Australians should do is remove your bank accounts & funds from CommonWealth Bank transfer to another bank which not charging for cash withdrawals immediately!

[@joshteague4403]

even if i rarley withdraw cash, how am i in a "better or neutral" position?? are they going to reduce other fee's to make me better off?

[@ag7075]

I'm out after 50 plus years as a loyal customer stretching back to my primary school days.

[@antimata]

The bank is the devils play ground, the devil knows no limit with greed and it will defend his greed in many many many forms, politicians, religions, scientists, the list goes on.

[@scottlewisparsons9551]

It’s a pause! Maintain the rage! CBA is not backing down!

[@omniiomega]

What about at your local grocery shops like woolies they won’t charge you for taking cash out will they?

[@downtoearth1950]

It's a DELAY.......NOT A BACK FLIP❗

[@ETERNITY777]

😈😈😈 PURE EVIL DOES EXIST 🤑🤑😈😈😈😈😈😈😈😈

[@SunRisingLove-wu5no]

Aus Post bank owned by Australians is being promoted. great!

[@kittykat4168]

I will be closing my account, stuff commonwealth bank...

[@nerd55120]

They've just shut down my local branch anyway. And it was always so busy. That's a bigger problem anyway. Hollow backflip

[@STEPHENATKINSON-u4b]

Let the revolt begin.

[@FreddyJong-co6cb]

Go woke go broke 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

[@alibern4199]

Oh those poor banks are just struggling to make a profit.😂 Or maybe it is to discourage us using Cash.🤔

[@LeighPennington]

Wasn't it Labor that deregulated banks in the 90s

[@justinpeters9373]

Just fiat currency we should a real currency

[@andyandys5356]

Reading the comments im wondering, is there an echo in here?

[@tilapiadave3234]

In branch withdrawals cost the bank time of money ,, I am yet to meet any person incapable of using an ATM

[@spidy278]

FOLLOW SOUTH KOREAN PRESIDENT EH

[@QLDKDA]

Its 3 $ whatever

[@aliceinwonderland6198]

Spoken like someone with more dollars than sense.

[@paradiselost9946]

@@aliceinwonderland6198 or a bank manager...

[@simran886]

For 6 months paused and then sneakily bring it back in other form. They may have department who makes these plans of how to fleece money from everyday Aussies. Kudos to that department and the bank. How much is the ceo going to increase his or her perks next year??? Any guesses?