Free ATMs vanishing as another 1,700 have started charging - MSE News

20SmthngSver

Except for business banking, which is a real con I think. Charging you to have the account and then charging you for transactions. It can cost a business hundreds, if not thousands, a month, depending on the size of the business.

20SmthngSver

Zola. wrote: »

We are moving to being a largely cashless society. Which is fine with me, until you want to pay a tradesman!

We aren't actually, more people are withdrawing cash and spending cash. And then there's the black market sales or in hand sales, so who knows the volume of cash in that. There are still millions of pounds worth of paper £5 and £10 notes, and circular £1 coins, that haven't been taken back to the BOE.

worried_jim

What's cash?

roddydogs

Typical clickbait, who cares if they all go just buy a small item in a supermarket and get cashback.

Takmon

20SmthngSver wrote: »

We aren't actually, more people are withdrawing cash and spending cash. And then there's the black market sales or in hand sales, so who knows the volume of cash in that. There are still millions of pounds worth of paper £5 and £10 notes, and circular £1 coins, that haven't been taken back to the BOE.

All data shows that cash usage is going down and card usage is going up. What makes you think the opposite is happening and what source did you use for that information?

agrinnall

20SmthngSver wrote: »

I mean if you're in or walking past a branch. Or ask for cashback at the supermarket till.

Perhaps like me you live somewhere where there are still plenty of banks, but there are large parts of the population that have no easy access to a bank, and may not want to make unnecessary purchases to get cash. Although given your strange perception on cash use I'm doubting whether you have much that's useful to say anyway.

Stuart_W

Mrs_Arthur_Crown wrote: »

So far, our Co-op still has a free ATM, but if that ceases to be free I am going to have to plan better. Not sure if they do cashback over the counter as I have never needed to ask for it.

Happy to confirm that all Co-op societies currently offer cash back at the checkout in food stores with debit cards. Some have a minimum spend of £5 before you can ask for cash back on top.

Sainsbury's have trialled removing cash back from the checkout in a small number of locations.

Stuart_W

So, if cash machine providers now get 23p instead of 25p per withdrawal, why have fee-paying machines generally started charging £1.50 rather than 2p ?

Isn't this more to do with the proliferation of unnecessary cash machines and a major reduction in the number of withdrawals per machine? If it was just the reduction in a few pence, that could be absorbed surely.

Locally to me, buses take cards, car parks take cards, the local shop is happy with a card if you've spent just £2, perfectly acceptable in the pub so many of the "still need cash" situations are disappearing fast. Others that unnecessarily remain look like fronts for tax evasion, money laundering or illegal workers. Cash only businesses are seldom justified in 2019.

TheShape

worried_jim wrote: »

What's cash?

It's something that old people, tax evaders and drug dealers use to facilitate transactions.

JuicyJesus

20SmthngSver wrote: »

Except for business banking, which is a real con I think. Charging you to have the account and then charging you for transactions. It can cost a business hundreds, if not thousands, a month, depending on the size of the business.

Seems perfectly fair for businesses to have to pay for their banking. Someone has to pay for it.