Now, I don’t have to spend two dollar extra for $10 Ice-cream: Vandna Kukreja

The big four banks have decided to remove fees for customers using their ATMs, but the fees they are cutting are an area of banking already shrinking.

Source: Suuplied by Vandana Kukreja

The Reserve Bank says ATM use is at a 15-year low, despite the number of machines being up 26 per cent over a decade ago.

The money editor at RateCity, Sally Tindall, says, despite the reprieve, Australians pay $4.4 billion in bank fees every year. She says credit-card fees top the list, earning banks more than $1.5 billion last financial year.

India Australian Mother Vandna Kukreja says, it is one of the most difficult tasks to find a particular Bank’s ATM with little kids.

She say no one wants to pay $2 as ATM fee to buy ice-cream of 10 dollars.