Bank of America to Block All Non-Customers from Using ATMs

from the silly-corporate-policies dept

If you live in the San Francisco Bay Area, you might already be sick of hearing about the whole ATM surcharge dispute going on, but this latest move by BofA was particularly interesting. Last week, voters in San Francisco voted to stop allowing banks to charge a surcharge for use of ATMs by non-customers. The banks reacted very angrily, and now BofA had decided to not allow any non-cutomer to use it's ATMs at all. Seems a bit drastic. I'll admit, since the surcharges started, I've always thought it was a bad move, and that a bank would be better off advertising its surcharge-less ATMs (as some credit unions do) but to block out all non-customers seems petty. I understand the business reasons, but it still doesn't make BofA look very good.
Hide this

Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.

Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.

While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.

–The Techdirt Team


Reader Comments

Subscribe: RSS

View by: Time | Thread


  • identicon
    Wonko, 10 Nov 1999 @ 11:20pm

    Shameless plug...

    I bank with USAA, a very wonderful bank based in San Antonio, Texas that actually reimburses me for all my ATM surcharges up to a certain amount every month, for no reason other than they think it's a nice thing to do. I've received nothing but coolness from USAA, and I highly recommend them.

    I also have an account at a local Bank of America branch, merely for convenience (this way I don't have to mail my deposits to Texas every payday). I'm much less satisfied with BofA...they actually charge me $1.25 ON TOP of the $1.50 surcharge for using other peoples' ATMs. It's insane. Argh.

    link to this | view in chronology ]


Follow Techdirt
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Discord

The latest chatter on the Techdirt Insider Discord channel...

Loading...
Recent Stories

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it
Close

Email This

This feature is only available to registered users. Register or sign in to use it.