Australian Bank ATM Fees & Charges

Before withdrawing money, decide if this action is worth all the ATM cost.

Cost of ATM Fees in Australia

If you are looking to avoid ATM fees on your everyday banking account, you should strongly consider a $0 monthly fee transaction account with a debit card.

The cost of bank ATM fees can break a budget fairly quickly, especially when those charges are a surprise. Recently enacted regulations force banks to display any ATM fees on the screen during your transaction. If you think the fee is too high you have the option to cancel the transaction at no charge. However, once you are standing in front of the ATM you might decide to go ahead and pay the fee, just to make things easier. That is why it is worthwhile to familiarize yourself with the charges for different banks, so you know ahead of time and can seek out ATMs that are cheaper or free to use.

In general ATM fees are about the same when you use a foreign ATM. A foreign ATM is one that is not directly associated with your bank. When you use one that is associated with your bank it is considered a ‘own’ ATM and is typically free of fees. Some ATMs charge different fees based on location or time of day, so you should always note the charge that appears on the screen when you make any transaction.

Also, keep in mind that these fees are charged per transaction. If you do a balance inquiry before you withdraw money you will be charged for that transaction and then again if you do a withdrawal. The fees are not always the same for each transaction.

ATM Fees By Bank

Adelaide Bank – $2.00 for both balance inquiries and withdrawals
ANZ – $2.00 for both balance inquiries and withdrawals
Bank of Queensland – $2.00 for withdrawals, $1.00-$2.00 for balance inquiries
BankSA – To Be Announced
Bankwest – $2.00 for both balance inquiries and withdrawals
Bendigo Bank – $2.00 for both balance inquiries and withdrawals
Commonwealth – $2.00 for both balance inquiries and withdrawals
Citibank – $2.00 for withdrawals, $1.50 for balance inquiries
Elders Rural Bank – Not Applicable
HSBC – $1.50 for withdrawals, $0.50 for balance inquiries
ING – Not Applicable
Laiki Bank - $2.00 for both balance inquiries and withdrawals
Macquarie Bank – Not Applicable
Members Equity To Be Announced
NAB – $1.50 for withdrawals, $0.50 for balance inquiries
rediATM – $1.75-$2.00 for withdrawals, $1.00 for balance inquiries
St.George - $2.00 for both balance inquiries and withdrawals
Suncorp – $2.00 for balance inquiries, $0.80 for balance inquiries
Westpac – $2.00 for both balance inquiries and withdrawals

ATM Fees By Independently Owned Machines

Cashcard (First Data) – $2.00 for withdrawals, $0.75 for balance inquiries
Cash Connect (Banktech) – $2.00 for withdrawals, $1.00 for balance inquiries
Customers ATM (Customers Ltd.) – $2.00 for withdrawals, balance inquiry charge TBA
Indue Money – To Be Announced
iCash (Pulse) – To Be Announced
Kwik Cash - $2.20 for withdrawals, $0.80 for balance inquiries

Keep in mind that these bank ATM fees are subject to change at any time. It is up to you to pay close attention to the fee amount that is displayed on screen when you make your transaction.

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