BIG banks policy on charging ATM fees may be about to change as customers flock to the only Australian bank offering free access to every ATM in the country.
NAB, Commonwealth Bank and Westpac say they will monitor Bankwest's "zero fee'' account and decide how best to react, the Sunday Telegraph reports.
"It will be interesting to see how customers respond to that,'' NAB retail banking boss Lisa Gray said.
The Bankwest account was launched last year, but since new rules governing ATM fees were introduced earlier this month - under which customers are typically charged $2 for using a rival bank's ATM - it has suddenly become a bargain.
Read on about the bank that does not charge for ATM withdrawls.
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