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PPI: Cash machine fees on the rise at rail and service stations

UK consumers are being forced to pay high charges to withdraw cash from ATMs in motorway services and railway stations.

The Daily Mail has revealed that some of the most popular motorway service operators, such as Welcome Break, Moto and Roadchef, charge cash machine users £2 to use their ATMs, an increase of 11 per cent since 2008.

Furthermore, train passengers at around 100 train stations will incur a significant fee if they need to use a cash machine.

Eddy Weatherill, of the Independent Banking Advisory Service, told the news provider: "The convenience of having these ATMs at petrol garages and train stations comes at a very high cost.

"Families who draw out only a small amount to buy snacks and drinks are being charged £2 for the privilege. They're a captive market for the companies who run these extremely profitable machines."

The proceeds from the fee are split between the cash machine supplier, the service operator and the bank

Posted by Jennifer Haines

Jennifer's speciality knowledge is credit card changes and balance transfers. ADNFCR-2776-ID-800159061-ADNFCR

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