Suncorp-Bendigo Bank ATM fee deal ‘pro-competitive’: ACCC

By David Olsen · 2 August 2010 · Cashflow

ATM Fee Deal Sparks Competition Debate

The ACCC has weighed in on a major banking agreement, but what does it mean for your wallet? Find out why this move is being hailed as 'pro-competitive' and what it could mean for your future transactions.

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Summary

The ACCC believes an agreement between Suncorp-Metway and Bendigo and Adelaide Bank not to charge each others’ cardholders fees on each other’s ATM’s is good for competition.

Tags: Accc, ATM, Bendigo Bank, Finance, Suncorp