Bank profit
Aug 13th 2014, 5:21 am
#31
has lost The Game
Joined: Apr 2005
Location: Chippendale, Sydney
Posts: 8,735
Re: Bank profit
They're all as good/bad as each other really, I see very little difference between them. I'm pretty sure they all work together to a certain extent as to not rock the immensely lucrative apple cart.
I recently moved to ING and now have a funky orange card, a marginally lower mortgage rate and can also use any cash point for free (although the fact that is a perk in itself shows how backwards it is here)
I recently moved to ING and now have a funky orange card, a marginally lower mortgage rate and can also use any cash point for free (although the fact that is a perk in itself shows how backwards it is here)
I've always thought that too...
S
Aug 13th 2014, 5:36 am
#32
BE Forum Addict
Thread Starter
Joined: Jul 2007
Location: Sydney
Posts: 4,404
Re: Bank profit
The previous company I worked for restructured their business to be primarily about their ATM fleet because of the fees. At the time I thought it was short term thinking but that's still going on here. I'm a Westpac customer and am too lazy to change banks just to be able to use any ATM for free. There are plenty of Westpac/St. George ones around though but paying the $2.50 in the pub ATM is something that I've done and hate.
Aug 13th 2014, 6:18 am
#33
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: Bank profit
The previous company I worked for restructured their business to be primarily about their ATM fleet because of the fees. At the time I thought it was short term thinking but that's still going on here. I'm a Westpac customer and am too lazy to change banks just to be able to use any ATM for free. There are plenty of Westpac/St. George ones around though but paying the $2.50 in the pub ATM is something that I've done and hate.
Yeah I don't get the whole fiasco over ATM's. I can use my card at HSBC, St George, Westpac, BankSA and Bank of Melbourne ATM's. That's enough coverage. I'm not sure what Commonwealth Bank let you side with or if its CBA only.
At the end of the day, anyone who pay's a bank fees is mad. There are so many options out there, and if you ask nice enough, your feeing bank will remove the fee anyway.
Aug 14th 2014, 1:21 am
#34
Lost in BE Cyberspace
Joined: Mar 2003
Posts: 9,397
Re: Bank profit
If I recall correctly the pub/costcutters/petrol station ATM things charged in the UK too.
Yeah I don't get the whole fiasco over ATM's. I can use my card at HSBC, St George, Westpac, BankSA and Bank of Melbourne ATM's. That's enough coverage. I'm not sure what Commonwealth Bank let you side with or if its CBA only.
At the end of the day, anyone who pay's a bank fees is mad. There are so many options out there, and if you ask nice enough, your feeing bank will remove the fee anyway.
Yeah I don't get the whole fiasco over ATM's. I can use my card at HSBC, St George, Westpac, BankSA and Bank of Melbourne ATM's. That's enough coverage. I'm not sure what Commonwealth Bank let you side with or if its CBA only.
At the end of the day, anyone who pay's a bank fees is mad. There are so many options out there, and if you ask nice enough, your feeing bank will remove the fee anyway.
Aug 14th 2014, 1:52 am
#35
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: Bank profit
Well, yes. All a matter of working out the maths if that option is presented.
