LINK Rules support both free-to-use and pay-to-use ATMs and Counter Terminals. Cash machine and Counter Terminal operators cover the cost of free-to-use access points through a per transaction interchange fee paid to them by the card issuing banks and building societies.

The interchange fee paid varies by the transaction type and whether the ATM or Counter Terminal is located in bank/building society or another type of location such as a supermarket/railway station/convenience store.  These fees are as follows;

Interchange (p)

Rate (ATM or Counter Terminal)

Effective from 1st Jan 2024

Protected Rate (ATM Only)

Effective from 1st Jan 2024

Branch cash withdrawal 24.4 27.4

Branch non-cash
e.g. balance enquiry, declined cash withdrawal

12.6 13.9
Remote cash withdrawal 26.5 30.5

Remote non-cash
e.g. balance enquiry, declined cash withdrawal

16.8 18.7

An ATM or Counter Terminal may be eligible for additional premiums depending on certain factors such as location and transactions volumes. These premiums are displayed below:

Average Number of Monthly Cash Withdrawals Premium per Cash Withdrawal
0 - 199 £2.75
200 - 399 £0.81
400 - 599 £0.43
600 - 1500 £0.30
1501 - 3000 £0.20
3001 - 4500 £0.10
4501+ £0.00

Details of our Financial Inclusion Programme and how interchange supports this can be found here.

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