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HomeAus & NZWoolworths reduces cash withdrawal limits

Balanced News: Woolworths reduces cash withdrawal limits

Our 'quick read' news summary

Woolworths, the supermarket giant, is reducing its cash withdrawal limits in stores due to a decrease in cash usage. The amount customers can withdraw will change from $500 to $200 from mid-September. Customers will also need to purchase a product to withdraw cash, similar to other retailers like Coles. Despite the rise of cashless payments, Woolworths recognizes the importance of keeping cash withdrawal services available for customers who still prefer to use cash.

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