Frank Field MP
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Cashpoint fees make Wonga look like Santa Claus

16
Oct
The bankers are up to their old tricks again.  Bleeding those on low income is high up their agenda.
 
On Saturday I went across to the general store in Rock Ferry to get some money out of the cash point.  Displayed was a notice that I would be charged £1.50 for this privilege.
 
Practically everywhere else these machines boast that they deliver cash free.  
 
I can well afford a rip-off charge, but I couldn't if I was living on a low income.  I can also move about to find another cash point.  
 
Being able to take custom elsewhere is not that easy for all of my constituents.
 
Please will you help?  Can you look at your own local cash points?
 
Can you then tell me please what charges are being imposed?  You can get me at fieldf@parliament.uk or at the House of Commons, London SW1A 0AA.
 
At my local cash point I can only take out up to £40.  The fee is £1.50.  So, on a withdrawal of £10 – one of the sums I can choose – the cost is 15%.  Such fees make Wonga look like Father Christmas.
 
I'm busy now finding out who sets these rates to withdraw money.  I'm also more than interested in finding out the pattern for the whole of Wirral – and the whole country – on the areas where free withdrawals do not operate
 
It’s an injustice that I want to challenge with your help.
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