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!!!