this post was submitted on 03 Dec 2024
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I hope this inspires a massive migration off CBA and a rollback of the policy. Because if it doesn't, the other banks will be sure to follow.

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[–] ausgroucho@aus.social 13 points 7 months ago

@Nath One of the excuses when introducing ATMs was that it was cheaper to provide the service. They either lied then, or they're lying now. I know which option I prefer. Fark 'em. Fark 'em all.

[–] Joshi@aussie.zone 10 points 7 months ago

Corporate banks can go suck an egg. There are multiple good member owned banks whose directors are accountable to you and not shareholders.

[–] trk@aussie.zone 9 points 7 months ago (1 children)

More people need to use credit unions.

Also "Great Southern Bank" are dickheads for renaming from Credit Union Australia (CUA).

[–] notgold@aussie.zone 3 points 7 months ago

Yeah GSB sounds like something that will be recalled for causing bloated testicle or something. Being back CUA

[–] dan@upvote.au 8 points 7 months ago* (last edited 7 months ago) (1 children)

I moved away from CommBank once they started charging me a monthly fee while I was still a teenager, in the 2000s. Convinced my whole family to switch to NAB. I hope NAB don't follow suit.

[–] mattd@programming.dev 6 points 7 months ago (1 children)

Bank of America tried a $5 debit card fee back in 2011 and lost me as a customer. It was so unpopular, they ended up rolling it back.

[–] Nath@aussie.zone 2 points 7 months ago

Precisely the outcome we want to see here. An exodus of customers leading them not only to roll this back but to put the other banks on notice that they really don't want to follow CBA's lead on this one.

[–] Nath@aussie.zone 5 points 7 months ago