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ACCC Forces Banks to Cut Fees | Perth News
Published 2 days, 22 hours ago
Description
Commonwealth Bank is rolling out fee-free accounts for 1.5 million customers, following a major ACCC order targeting 20 banks to proactively help financially vulnerable Australians ditch costly fees—complete with no monthly charges, free debit cards, and waived overdraft interest, plus mandatory annual check-ins to ensure everyone knows their options.
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