Jys ~ Blah Blah Blah » ATM http://jy-s.com The Place where I talk about Everything. Fri, 16 Jul 2010 03:40:38 +0000 en hourly 1 http://wordpress.org/?v=3.0 Do you know how many times you withdraw from ATM every month? Beware of the charges!! http://jy-s.com/2009/04/01/do-you-know-how-many-times-you-withdraw-from-atm-every-month-beware-of-the-charges/ http://jy-s.com/2009/04/01/do-you-know-how-many-times-you-withdraw-from-atm-every-month-beware-of-the-charges/#comments Wed, 01 Apr 2009 02:49:09 +0000 jys http://jy-s.com/?p=1145 I always thought that if the bank charged me annual fees for my ATM card, then I can withdraw from ATM for FREE without any limit. Until one day, I came across a forum discussion about this, then only I realized even the bank charged my ATM card annually, there might be limit on the withdrawal times per month too.

For Maybank, if we withdraw more than 4 or 5 times (not very sure they start charging on the 4th transaction or the 5th transaction) per month, they will charged us RM 0.50 (did they increase the charges?) for each subsequent withdrawal. But they don’t charge us annual fees, so as long as you withdraw 3 times per month, you’re safe.

As for Public Bank, I think they do charge us RM 12 annually. At first I thought I can withdraw unlimited times but when I checked their website, they actually did state there that the no of times we can withdraw per month is 8 times. So do not exceed 8 or else they will charged RM 1 for each subsequent withdrawals.

For CIMB, they charged RM 8 per year and there are no limits. You can withdraw everyday if you want to. hehe….

I’m not sure about other banks. Any of you had any idea?

Are you aware of these charges?

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