Just after I quit ANZ to move to Suncorp (see I love thee ANZ, and yet I am closing thy accounts), ANZ introduces a Visa Debit Card.
Fortunately Suncorp is still a better deal… you get unlimited withdrawals at ANY BANK’S ATM as part of your $5 monthly fee.
For the $6 monthly fee with ANZ’s Visa Debit Card you only get withdrawals from ANZ ATMs.
I hope the reason that ANZ introduced a debit card is because it found that customers were defecting to banks that did.
Speaking of banks and money, I’m doing some work for Money Magazine at the moment, another of ACP’s publications (though my articles are not about money per se.)