Nationwide is reporting that cash usage is on the rise for the third year in a row.
The recent surge comes as many people opt for cash to budget at a time the cost of living remains high.
Nearly 33 million withdrawals were made from Nationwide ATMs across the United Kingdom last year.
Cash on the up
The building society recorded around 32.8 million cash withdrawals from the 1,260 ATMs at its 605 branches last year, which is a 10% increase on 2023.
The busiest time of the year for cash withdrawals was the week before Christmas where £97.9m (up 1.8%on last year) was withdrawn – this is the highest amount dispensed in a week since pre-Covid.
The week leading up to Black Friday saw £85.3m withdrawn – a 12% year on year increase and the second highest weekly dispense since pre-Covid.
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