MoneySavingExpert News

Cash machine

Banks to be fined if they fail to provide free access to cash under new laws – here's what's happening

Banks and building societies will face fines if they fail to protect consumers' free access to cash under new powers being given to the financial regulator.

18 August 2023

The new bank branches: seven 'banking hubs' now up and running across the UK as latest opens in Scotland

The newest hub in Carnoustie, Scotland opened this week – and more than 60 other hubs are planned for locations around the UK.

9 August 2023

Barclays launches new cash withdrawal service at 1,000s of shops, pubs and cafes – and anyone can use it

Thousands more local businesses across the UK will now let shoppers withdraw from 1p to £100 in cash for free – without them having to buy anything – as part of a new initiative by high street bank Barclays.

10 October 2022

Financial regulator to punish banks and building societies that don't protect people's access to cash

Under the new 'Financial Services and Markets Bill' banks and building societies will have to ensure cash withdrawal and deposit facilities are available to customers in communities across the UK.

19 May 2022

Millions of people would struggle if the UK became completely cashless, report finds

A huge 10 million people would be left struggling to cope if the UK was to go completely cashless, a new report by the Royal Society of Arts (RSA) and cash machine network Link has found. It comes at a time where more and more people are going digital and the number of bank branch closures continue to rise.

30 March 2022

A third of Post Office ATMs to shut

Almost a third of free-to-use ATMs at Post Office branches will be shut over the next 18 months, with around 600 set to close by March 2022

26 October 2020

ATM-finding app will now show you your nearest post office too

With free cash machines disappearing, there's a handy tool to let you find nearby ATMs where you can withdraw cash for free – and it'll now also show you thousands of Post Office branches where you can take cash out over the counter

21 June 2019

Free ATMs vanishing as another 1,700 have started charging

Almost 1,700 free ATMs have started charging for cash withdrawals between January and March this year, with 1,250 becoming fee-paying in March alone

1 May 2019