rediATM

The rediATM network is an Australian ATM network, that was originally operated and owned by Cuscal Limited. On 14 August 2019, Cuscal sold the network to the Armaguard Group.

rediATM's logo

The rediATM network enables customers of partner financial institutions, subject to their own institutions' charges, to use any rediATM without being charged a direct ATM fee. Customers of non-partner financial institutions can use the rediATM network at a maximum direct charge of A$2.50 for domestic cards and A$5.00 for international cards [1].

On Tuesday, 25 February 2019 Cuscal announced it intended to sell the rediATM network to Armaguard[2].

History
  • 1982 – RediTeller ATM network launched to support Australian credit unions
  • 2008 – Cuscal and its partners began rebranding RediTeller ATMs to rediATM
  • 2009 – National Australia Bank joins the rediATM network, combining NAB's network of 1,700 ATMs with Cuscal's network of 1,400 ATMs[3]
  • 2010 – Bank of Queensland joins the rediATM network
  • 2017 – Suncorp Bank joins rediATM network
  • 2018 – National Australia Bank announces it will discontinue using the rediATM network from 1 January 2019
  • 2019 - 14 August 2019, Armaguard finalises Cuscal rediATM Scheme acquisition

Partnered financial institutions

After a large number of members withdrawing from the network, only 29 financial institutions remain partners in the rediATM network:[4]

  • Advantedge Financial Services
  • AFG Securities Pty Ltd
  • AWA Alliance Bank (AWA Mutual Limited)
  • Bank of Heritage Isle
  • Bank of Queensland Limited
  • Bank of Sydney Ltd
  • BDCU Alliance Bank (Berrima District Mutual Limited)
  • Border Bank (Police Bank Ltd)
  • Broken Hill Community Credit Union Ltd
  • Central Murray Credit Union Limited
  • Central West Credit Union Limited
  • CIRCLE Alliance Bank (Circle Mutual Limited)
  • emerchants (emerchants Payment Solutions Limited)
  • Firefighters Credit Co-Operative Limited
  • Goldfields Money Limited
  • Goulburn Murray Credit Union Co-Operative Limited
  • Horizon Credit Union Ltd
  • Liberty Financial Pty Ltd
  • Macquarie Bank Limited
  • NOVA Alliance Bank (NOVA Mutual Limited)
  • Orange Credit Union Limited
  • Police Bank Ltd (NSW)
  • Police Credit Union Limited (SA and NT)
  • Pulse Credit Union Limited
  • SERVICE ONE Alliance Bank (Service One Mutual Limited)
  • Suncorp (Suncorp-Metway Ltd)
  • Warwick Credit Union Ltd
  • WAW Credit Union Co-Operative Limited
  • Woolworths Employees Credit Union Limited
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References
  1. About rediATM
  3. Press release, 15 July 2009: Expanded rediATM network
  4. rediATM Partners
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