ATM's

JUst got back from a shopping centre as I needed a few hundred $$$ cash, my bank is not in town so I go to the ATM in the centre, put in my card and press $800, spits my card back and tells me it exceeds the machines limit but does not tell me how much I can have, try $500 same result, $300 same again.
Bugger.
This exercise costs me $2.50 a shot and no cash, Safeway and Coles only offer $400 each but thats the way I had to go, even though I didn't need anything.
Thanks to the thoughtful bank hustlers who don't put a limit on their machine, I know, it's only $7.50, but it's my $7.50 for something I never got.
I'll go and sulk somewhere else now :mad: :mad: :mad:

I would say that if $ 300 exceeded the machine limit the ATM is out of cash. It is the banks way of saying we were stupid enough to let the machine run out because we were too stupid to anticipate demand. :D :D :D

Contact your bank and they will waive the charges as it is their fault.


Peter.

Iain,

Here are the poor old banks working their hearts out to put you – the customer number one and you just knock them. Types like you would probably knock Real Estate agents and solicitors too. :D

Disgraceful behavior.

PS I don’t know how you wrote about your experience without using profane and angry language.

Get up em!

Ian it happened to us oct long weekend but only and then hit us $2 for using a (their)bank atm....... :mad:
Missus got rather peed off and contacted our local branch on the tuesday and lo and behold we got it all refunded :D ...its the principal not the cash involved
Pete

Yeah, well I just banked a cheque from the US. In Aussie Pesos, it came to $84. The bank charged me $10.40 in fees. :mad: That's greater than 10% the bastards. I've still got the little circular sore spot on me back where they were pressing the barrel of the gun.

Richard
I don't hate banks, not like I hate politicians ... oh, yes I do :(

But don't forget they pay you 0.1% on your money that they earn 10% on. :mad:

I've managed to do a cashback at a Safeway without actually buying something so they do have the ability to do it if they feel like it.

Do complain to the bank. It costs them MUCH less than they charge us if you use another banks ATM.

Also consider opening an account with IMB ( you can open an account via any Australian Unity office ) as all ATM withdrawls (if you live in Victoria and withdraw the money in Victoria ) are free ( basically cos they have squat in the way of ATMs in Victoria ).

My last transaction as a bank cutomer was 10 years ago.

I've not regretted the shift to using Credit Unions: generally no ongoing fees, their management of reserves is now like the banks (I agree, Pyramid was a monumental stuff up). You own them (ie the customer has shares, there are no other shareholders to whom the union is beholden). The fees vary but I have 3 accounts with varying institutions with zilch account keeping fees. Most have some concept of a transactions fees which they rebate up to a limit (depending on how much business you do with them). If you are like me you never pay anything (you can earn interest with special accounts). One has free visa debit card, Internet banking (free BPay), access through all ATM's, Post Office is your local branch, nice helpful people on the phone!

Community Banking would seem another option via a bank originally centred on a large Vic Gold mining town (I'll confess to having a financial interest in that organisation)

I've not figured out why the big banks stay in business!

Don't get mad .. get even, go where there is better service!

regards David

I find the best way to keep the fees down is to have a big meety home loan .... they don't charge account keeping fees, or ATM fees as they add it into your home loan where you cant see it ... win-win really :p

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Originally Posted by Sir Stinkalot

I find the best way to keep the fees down is to have a big meety home loan .... they don't charge account keeping fees, or ATM fees as they add it into your home loan where you cant see it ... win-win really :p

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Win-win - who for, them or you? :confused: ;)

Mick

If you want to know how it really works/costs you, try this link:

http://smh.com.au/news/Ross-Gittins/...?oneclick=true

yesterday reported an ATM card missing - it seems to be the only thing gone from my wallet and as I rarely take money from the account using the machine I wouldn't even be able to tell someone the number if I was asked to at knifepoint. To my relief my account has not been raided.

Everything else seems to be in the wallet ( including drivers license, credit card etc ) and I'm a cautious soul so dropping it in the street doesn't seem likely - anyone got any ideas what use an ATM card without the PIN number would be to someone?

Card is probably pretty useless unless it has a VISA or Mastercard logo, unless someone has been looking over your shoulder when you made a transaction.
Now you have cancelled the card it is of no value whatsover and the new one will have a totally different encryption.

I was hoping it would be pretty useless without PIN and without any of the other ID out of the wallet it wouldn't count for much for 100 points of ID. Though I have in the past been fairly appalled at the level of checking done in banks. I've been issued with an over the counter cheque before now on the strength of my ATM card without them even asking me to enter in a PIN. It was a busy bank branch so there was no way the cashier knew me by sight.

Cancelling the card was a pretty relaxed process too - if you really wanted to stuff up someone's day you'd only need to know fairly basic information about them to cancel all their cards.

BUTEvery card has your signature on it which is very easy in most cases to forge because hardly anyone checks it. :rolleyes:

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Originally Posted by

BUTEvery card has your signature on it which is very easy in most cases to forge because hardly anyone checks it. :rolleyes:

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My plastic card sig, and the scribble I use on the vouchers are totally different, whilst a lot of people check, never once has anyone questioned it, that's why I do it. I guess if anyone had a real go at forging a signature under these circumstances it wouldn't get pulled up

Send me your csrd and we'll put it to the test :rolleyes:

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Originally Posted by

BUTEvery card has your signature on it which is very easy in most cases to forge because hardly anyone checks it. :rolleyes:

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thanks , I really needed to have that to worry about :(

Hah. I've got the ultimate security for my card
it's a debit card and I can't afford to put any money on it. :D

Cheers
Richard