About me
Archive
About me

Cash machines that can charge up to £10

close

Warning: This post was published more than 12 years ago.

I keep old posts on the site because sometimes it's interesting to read old content. Not everything that is old is bad. Also, I think people might be interested to track how my views have changed over time: for example, how my strident teenage views have mellowed and matured!

But given the age of this post, please bear in mind:

  • My views might have changed in the 12 years since I wrote this post.
  • This post might use language in ways which I would now consider inappropriate or offensive.
  • Factual information might be outdated.
  • Links might be broken; embedded material might not appear properly.

Many thanks for your understanding.

Until I read this in the Sunday Times, I never realised that there are cash machines that charge quite this much. It’s crazy.

I wondered to myself why people would use such a machine, until I reached the end of the article:

Tintagel in Cornwall, for example, used to have branches of Lloyds, Barclays, NatWest and a van containing a mobile HSBC cashpoint, which made regular visits. NatWest and Barclays have closed, Lloyds is open just four hours a week and has no cash machine, and the HSBC mobile unit paid its last visit on Friday. All five machines available in Tintagel and the villages of Boscastle and Delabole charge fees.

This is getting silly. If the banks cannot manage to provide an appropriate level of service to their rural customers, then they must expect that these customers will abandon them. But the customers are left with little choice when all of the banks in their area have closed.

Of course, the other very negative impact this will be having is on the small local shops, who will be taking more card transactions than before, and so facing higher charges.

This is bad news all round, but I can’t see any way around the situation other than by forcing the hugely profitable banks to maintain a free (loss-making) cash machine service in rural communities. And that’s never going to happen.

This 282nd post was filed under: News and Comment.






More posts worth reading

What I’ve been reading this month (published 4th March 2017)

What I’ve been reading this month (published 6th February 2017)

What I’ve been reading this month (published 31st December 2016)

Diary for 17th March 2008 (published 17th March 2008)

Summer Books: Never Push… by Guy Browning (published 27th July 2008)

Minister thinks Government is unethical (published 19th October 2007)

Photo-a-day 6: Handmade Burger (published 6th January 2012)


Comments and responses

No comments or responses to this article have been published yet.

Compose a new comment



Comment

You may use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong> .

If you would like to display a profile picture beside your comment, sign up for Gravatar, and enter your email address above.

By submitting your comment, you confirm that it conforms to the site's comment policy. Comments are subject to both automatic and human moderation, and may take some time to appear.



The content of this site is copyright protected by a Creative Commons License, with some rights reserved. All trademarks, images and logos remain the property of their respective owners. The accuracy of information on this site is in no way guaranteed. Opinions expressed are solely those of the author. No responsibility can be accepted for any loss or damage caused by reliance on the information provided by this site. This site uses cookies - click here for more information.