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Big Four Banks Shock Customers By Ditching This Everyday Fee

Australia's big four banks have announced changes in some of their bank fees.

Customers were shocked when the Commonwealth, Westpac, NAB and ANZ banks announced that customers would no longer have to pay for withdrawing cash from a competitor's ATM.

You might be thinking that this is amazing, and you'll be able to claim back all that money spent in fees from using other banks' ATMs, but unfortunately this is not the case.

The banks are simply waiving the fee from now on, and are not refunding past fees.

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