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Free cash machines are disappearing.
According to a study by Which free to use cash, machines are disappearing at a very fast rate. In the first three months of the year, 1,700 machines started charging for withdrawals. Most of them started to charge in March. according to the consumer lobby group.
Most of these are run by Cardtronics, both fellow provider NoteMachine and Cardtronics are both likely to begin to charge at more machines.
It could mean us losing 13% of free ATMs in just a few months.
The changes come from a reduction in the fee operators receive from banks every time an ATM is used.
We could soon all be paying to have access to our own money.
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