Cash ATM withdrawals rise by 4.6%

10th January 2025 Consumer Lending | #cash withdrawals

Cash usage is thriving as withdrawals ratcheted up for the third year in a row since the pandemic, data from Nationwide has found. The recent surge comes as many people opt for cash to budget at a time when the cost of living remains high. The biggest building society recorded around 32.8 million cash withdrawals…

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Cash withdrawals increase for first time in 13 years

Cash usage increased for the first time in 13 years in 2022, as many households respond to the cost-of-living crisis by budgeting with physical money. according to latest data from Nationwide Building Society Data The research showed that more than 30.2 million cash withdrawals were made from Nationwide ATMs last year – a 19 per…

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