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'You can use all banks’ cash machines for free. Why queue?' Blog discuss
in Martin's blogs & appearances & MoneySavingExpert in the news
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MSE_Jenny MSE StaffMSE Staff
This is the discussion to link on the back of Martin's 'You can use all banks’ cash machines for free. Why queue?' blog. Please read the blog first, as the discussion follows it.
Read Martin's "You can use all banks’ cash machines for free. Why queue?" Blog
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(If a link I give opens pop ups I won't know I don't use windows)
It costs Banks more money to process Cash Transactions undertaken at a 'competitors' cash machine than there own. I guess thats part of the reason why its not braodcasted
I work for LloydsTSB and there has been a campaign recently to get staff to use LloydsTSB branded machines.
There are more options available at your own banks machine (mini statements etc) so gives the consumer more access to banking facilities
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But apart from that, I agree that it's amusing to see people unnecessarily queuing for the "right" ATM.
There is a benefit in using your own bank's ATM, if you have the choice (and no queue) though. If there is an ATM problem (like dispensing the wrong amount) it will be FAR quicker and easier to resolve if there is only one bank involved.
Really don't understand why, on most machines, it takes the same length of time it did years and years ago - technology has come leaps and bounds in the past 10 years!
I wonder how commonplace this really is, I don't ever recall noticing it.