WAM - Washington Mutual
ATM is not always free as advertised
- 07-22-2008
- 20
The WAMU Internet advertisement for FREE ATM withdrawals "Worldwide" actually cost 3% of the transaction which is more than most other banks. For WAMU, it becomes a definition of "worldwide".
The excuse, this is a MasterCard charge. But MasterCard says that is fat above their rate and it would charge WAMU the same if it is a domestic ATM transaction.
Carefully worded, your account says, "Transaction Fee", WAMU nor MasterCard is mentioned.
This is flat out fraud. If I use the WAMU ATM card in Mexico or here in Costa Rica, it costs me 4% of the transaction. But their online advertising clearly says "free worldwide"
Guess where we will not be banking.
John
SanJose, Florida
Costa Rica
Company: WAM - Washington Mutual
Country: USA
State: Florida
City: Miami
Address: 1801 Alton Road
Phone: 3056741465