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News
Consumers forced to pay $95 fee to use popular credit card starting September 28
1+ day, 17+ hour ago (36+ words) SELECT cardholders will be forced to pay a nearly $100 annual fee in just days as part of a policy update from a prominent credit union. These are fairly common for most popular credit cards, and......
Zomato levies additional Rs 5 fee on cash-on-delivery orders | Company News
1+ day, 13+ hour ago (239+ words) Social media users have reported the cash-on-delivery fee going up to ₹20 in some locations, adding another charge for customers who choose to pay for their food orders in cash Food delivery platform Zomato has begun charging an additional fee of…...
Trump Again Calls for Credit Card Swipe Fee Reform
3+ day, 11+ hour ago (480+ words) WASHINGTON—President Donald Trump renewed his call for credit card swipe fee reform Wednesday evening, saying during the Republican midterm convention in Dallas that reducing the fees would save families money. “We will cut out-of-control credit card swipe fees, saving…...
No extra fees charged for ATM withdrawal for students abroad
3+ day, 5+ hour ago (199+ words) Bank of Maldives (BML) stated today that the collection of the "cross-border" fee, which was previously charged when withdrawing cash from ATMs using debit cards abroad, has now been stopped. The cross-border fee is a fee charged by all banks…...
Trump renews his calls to cap credit card fees
3+ day, 2+ hour ago (233+ words) President Donald Trump at the inaugural Republican midterm convention in Dallas revived his push to cap credit card swipe fees in a nearly two-hour address that also promised Americans a $5,000 payday if the GOP stayed in power. Wednesday's comments mark…...
Charging asset-based advice fees in decline
4+ day, 3+ hour ago (319+ words) Home > Financial Planning > Charging asset-based advice fees in decline Managing Editor and Publisher A new advice fee benchmarking report has found that 49% of advice firms are charging fixed fees while 38% charge a combination of fixed and per centage-based fees. The…...
Bank of Montreal becomes first Big Five bank to eliminate most online trading commissions
4+ day, 12+ hour ago (712+ words) Bank of Montreal BMO-T is eliminating commission fees on stocks, exchange-traded funds and options on its direct investing platform in a bid to attract younger customers as competition mounts in online trading. The bank said BMO InvestorLine will be the…...
Surcharge ban creates a trust account problem brokers haven’t spotted yet
4+ day, 8+ hour ago (644+ words) Australian insurance brokers have three weeks to resolve a cost problem the Reserve Bank of Australia’s (RBA) headline saving figure was not built to fix – and a compliance question buried in their merchant agreement that most will not know the…...
CBA cuts merchant service fee to 0.99%
6+ day, 21+ hour ago (172+ words) CBA expects this to help businesses with costs, as card surchaging is set to end in October. The Commonwealth Bank of Australia (CBA) is reducing its merchant service fee to 0.99% per transaction for in-store payments from 1 October 2026. The fee was…...
How bank fees are squeezing your budget: Should you and your bank go on a break?
1+ week, 5+ day ago (727+ words) In this era of no-fee banking, pesky fees still exist. Here’s how to avoid them....