More £5 notes available from cash machines
Howard Lake | 11 September 2010 | Blogs
Five pound notes are popular and in demand, according to consumer surveys, so banks and building societies will be stuffing more of them into their cashpoints. That’s according to the BBC (“Plans for more £5 notes in cash machines“). You, like I, have probably noticed that they’ve been disappearing as an option on cash machines for some time.
There are reasons why £5 notes have been phased out from cash machines, most notably their comparatively short lifespan, and the cost of keeping cashpoints sufficiently supplied with them given the higher demand for them.
But, they are staging a comeback on the high street. So, expect more in your collecting tins, if you’re lucky.
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.