MSE News: £5-only cash machines launched

stclair

The 21 free to use machines are located in: Manchester, Stroud, Oakham, Oxford, Cardiff,
Paddock Wood, St Mellons, Portsmouth, Strathaven, Axminster, Newton Abbott, Banchory,
Swaffham, North Walsham, Penzance, Cannock, Crosby, Beaconsfield, Lower Early, Market
Rasen, Fleet.

http://www.bankmachine.com/downloads/20100623_Fivers_national_FNL.pdf

Thatll be interesting I struggle to get a ten pound note out of a normal machine most of the time let alone a fiver.

corbyboy

The only cash machine that dispenses fivers I have ever seen was at university.

There are definitely not enough fivers in circulation.

Dr_Cuckoo3

ultrawomble wrote: »

I bet that these £5 machines are the pay-to-use type. Seems a bit cynical to target people on a limited budget who might want to withdraw only a small amount of cash but are being charged for the privilege.

I wouldn't be surprised if that is their long term plan

However there is also the inter bank fee to consider , which I thought was a flat fee regardless of amount ?(I could be wrong)

Bank Machine doesn't issue cards as far as I am aware - so they will only be receiving the fee and not paying it (unlike the banks)

xmaslolly76

My local hsbc cash point dispences £5 notes anyway if you ask for less than £20 it always has done.

jumpycheese1

It really annoys me when I am working on the checkouts at work when customers say 'Have you got any fivers?' when I give out £7 change in £2 and £1 coins. They expect me to produce one out of thin air. If I can produce money from thin air, I wouldn't be working.:rotfl:

System

It would be good if the other banks identified which machines have out fivers on their website or on Links'...

The only other problem I can see if that some card issuers may not be setup for only £5. I recall my BOS Cashpoint card would only accept multiples of £10 whereas my Barclays debit card would let me take a £5 out at the same Lloyds machine.

Old_Wrinkly

jumpycheese1 wrote: »

It really annoys me when I am working on the checkouts at work when customers say 'Have you got any fivers?' when I give out £7 change in £2 and £1 coins. They expect me to produce one out of thin air. If I can produce money from thin air, I wouldn't be working.:rotfl:

Why should it annoy you when customers ask a perfectly reasonable question in a reasonable way?
A five-pound note weighs a lot less than 2 £2 coins and a £1 coin (or as is more likely, the 5 £1 coins they will be given).

Biggles

jumpycheese1 wrote: »

It really annoys me when I am working on the checkouts at work when customers say 'Have you got any fivers?' when I give out £7 change in £2 and £1 coins. They expect me to produce one out of thin air. If I can produce money from thin air, I wouldn't be working.

No, I think they expect you to produce it from your till.

LimeLight

the Lloyds bank at the uni gives out crisp £5 notes in serial note numerical order!

I_luv_cats

I used to receive crisp £1 notes on my birthdays, lovely smell of new money!!

I'd feel richer with £5 notes and count them 1 by 1, (and perhaps safer) I like the 5 Euro notes.