£5 note has disappeared from cash machines

TimeLord1

OK it seems £5 notes are becoming extinct so budgeting using cash the minimum seems to be £10 from a cash machines, even post office doesn't seem to have them, also what I have noticed is the amount of £50 notes usage has increased, if you're withdrawing money, will the £5 note become a coin like the pound note. I know they done commemorative £5 coins in the past, I hope it remains a note. 

born_again

£5 notes were only ever in certain locations. Most ATM, never gave them. As the dispensers needed filling too often, or would simply run out.

marcia_

 I've only ever found £5 in Barclays machines. Went out of my way when i had less than £10 in the bank. 

TimeLord1

Yes the reason seems to be they remain in circulation longer so they're not sent often to be checked but something that was readily available now is given as coins, so where are over 400 million £5 notes hiding. 

Nasqueron

When I was uni in the late 90s/early 00s there was only one machine I knew of that gave £5 notes. I suppose they have uses maybe for tipping but not really sure how much use they are these days 

jefaz07

The one next to me dishes out fivers all the time. Every time I use it. 

TimeLord1

So below is the Bank of Englands notes in circulation shows from 2014-2023

TimeLord1

jefaz07 said:

The one next to me dishes out fivers all the time. Every time I use it. 

Keep it a secret then 

molerat

I regularly use the one and only £5 note machine in my local town.

https://www.link.co.uk/consumers/locator/#

Set the filter to £5 and there are loads around.

TimeLord1

I don't think I've ever seen that but useful to know. 🤗 

eDicky

TimeLord1 said:

will the £5 note become a coin like the pound note.

Yes, sooner or later. Inflation is always biting, and coins are 'easier' to spend than notes, so it will help augment the need for economic growth.

While I was a resident of Thailand the ten baht note was replaced by a coin. Pretty soon there was a clamour to bring the note back because people noticed that they were spending the coins with much more abandon. To no avail, of course...