Cash machines

Wednesday 22nd December 2004 at 12:12 AM

Banks are re-introducing fee-charging cash machines "by the back door", consumer groups have told MPs.

Members of the Treasury select committee, who launched an inquiry into spiralling fees, were told that the rise was highlighted by the sale of HBOS's 816 non-branch cash points to Cardpoint, which charges a fee, earlier this year.

Select committee response

John McFall chairman of the Treasury select committee said: "The opaqueness of information provided is driving people to the charging machines."

Stakeholder Response: Which?

Laurence Baxter, senior policy adviser at Which?, said: "The present labelling on cash machines is clearly not good enough. Which? has proposed a standardised badge clearly showing charges.