October 10, 2000

Can someone explain this to

Can someone explain this to me? Washington Mutual Bank just dropped their ATM surcharges. (an ATM surcharge is a fee a bank charges a non-customer for using its ATM) However, they still have an out of network ATM fee, which is what they charge their own customers when they go out of network. Hence, if it is cheaper for me not to be a Washington Mutual Fund customer. They are PAYING me to stay with Wells Fargo. I called WM and nicely explained this issue. In the end, she was speechless when asked why this makes me want to switch banks--their stated intent. Did anti-competitive aliens intent on sending business to other banks just take over Washington Mutual?! That is the real story here!!! Posted by ipaulo at October 10, 2000 08:48 PM