Articles on bank fees

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Withdrawing cash from an ATM can cost you if you’re not careful. Reuters/Ints Kalnins

July 28, 2017

Thinking like an economist can make your next trip abroad cheaper

Jay L. Zagorsky, The Ohio State University

Global travelers are being increasingly asked if they want to pay for local purchases in terms of their home country currency. Here's why you should resist the strong temptation to do so.

Former ANZ customer Julian Saliba (left) and Maurice Blackburn national head of class actions Andrew Watson speak to the media in Melbourne yesterday. Megan Neil/AAP

July 27, 2016

ANZ wins class action on fees, but we still don’t know the real cost of late payments

Justin Malbon, Monash University

The High Court found late credit card payment fees were not extravagant, but the experts disagreed on the actual cost to the bank.

The ANZ bank fee class action has opened the door to target other companies charging excessive fees. Shutterstock.com

December 10, 2013

Feeling ripped off? ANZ class action opens debate on gouging

Wayne Courtney, University of Sydney

A bank charges customers A$35 every time customers fail to make the monthly payment on their credit card by the due date. An airline charges $10 or more for printing boarding passes if passengers forget…