In May 2017 paper £5 notes will cease to be legal tender and will no longer be accepted by shops.

Found 24th Aug 2016
Set a reminder on my phone for this and thought I would share. So annoying if you forget or have to do it at the last minute.

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113 Comments

Completely forgot about this thanks MSK

Will you have until next year to get rid of them lol, whats the point in setting a reminder.

Banned

You so know some criminal has £100k worth of old £5s they are starting to worry about. lol

moneysavingkitten

http://www.thenewfiver.co.uk/


Thanks, anyone wanting rid of their old £5 note please forward to summerof76 where I will spend them wisely X)

summerof76

Thanks, anyone wanting rid of their old £5 note please forward to … Thanks, anyone wanting rid of their old £5 note please forward to summerof76 where I will spend them wisely X)



[img]encrypted-tbn3.gstatic.com/images?q=tbn:ANd9GcSqYdYxCLKEhK7m3NxBedttD9nXc0agqnO99tnhl5mH6oT4o6n-[/img]

Treboeth

[img]https://encrypted-tbn3.gstatic.com/images?q=tbn:ANd9GcSqYdYxCLKEhK7m3NxBedttD9nXc0agqnO99tnhl5mH6oT4o6n-[/img]


So is that a yes X)

summerof76

So is that a yes X)



[img]encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcTLSFFjpWRriiOjVeyy2BBRq3L6KJ6danMr33ByvMAH7NyLkj93[/img]

Original Poster

KM4353

Will you have until next year to get rid of them lol, whats the point in … Will you have until next year to get rid of them lol, whats the point in setting a reminder.



Why wouldn't you? I nearly ballsed it up last time a new £20 came in. I'd rather get rid of them as soon as I can rather than have it hanging over me.

Original Poster

YouDontWantToKnow

You so know some criminal has £100k worth of old £5s they are starting to … You so know some criminal has £100k worth of old £5s they are starting to worry about. lol



Hey, stop looking at me with those accusing eyes!

Treboeth

[img]https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcTLSFFjpWRriiOjVeyy2BBRq3L6KJ6danMr33ByvMAH7NyLkj93[/img]


I bet mutely is looking through his wallet looking for £5 but finds all his note say £50! X)

My only risk is if they discontinue 5p, 2p and 1p!

they are only going out if circulation, they remain legal tender with bank of England, eventually most shops will stop taking them but you can always take them to bank of England, you might have to go to the London branch but they are still OK.

bankofengland.co.uk/ban…spx

Original Poster

eternaldragonuk

they are only going out if circulation, they remain legal tender with … they are only going out if circulation, they remain legal tender with bank of England, eventually most shops will stop taking them but you can always take them to bank of England, you might have to go to the London branch but they are still OK.http://www.bankofengland.co.uk/banknotes/Pages/about/exchanges.aspx



Well, I didn't know that! Thanks. Perhaps it's not as bigger deal as I thought. Still, I don't fancy a trip to London to get rid of a fiver

Original Poster

GAVINLEWISHUKD

I bet mutely is looking through his wallet looking for £5 but finds all … I bet mutely is looking through his wallet looking for £5 but finds all his note say £50! X)My only risk is if they discontinue 5p, 2p and 1p!



I know that feeling. I didn't want to lose my life savings with the demise of a single note.

moneysavingkitten

Well, I didn't know that! Thanks. Perhaps it's not as bigger deal as I … Well, I didn't know that! Thanks. Perhaps it's not as bigger deal as I thought. Still, I don't fancy a trip to London to get rid of a fiver



You can put old notes into your bank account even when they are no longer legal tender. I found an old twenty pound note a few months ago in the drawer, which had been withdrawn a few years ago. Luckily natwest was fine accepting it

mutley1

You can put old notes into your bank account even when they are no longer … You can put old notes into your bank account even when they are no longer legal tender. I found an old twenty pound note a few months ago in the drawer, which had been withdrawn a few years ago. Luckily natwest was fine accepting it






http://www.gamasutra.com/db_area/images/blog/265156/giphy.gif

Don't Panic !! The phasing out will be over a period of many months - they won't suddenly be "illegal tender" overnight . Apart maybe for MSK's dodgy fivers! Its a dead giveaway in the small print on them ( I promise to pay the bearer on demand the sum of £4.50 ) oO
Edited by: "rogparki" 24th Aug 2016

Banned

rogparki

Don't Panic !! The phasing out will be over a period of many months



In 100 years time you will still be able to cash them in with the Bank of England.

YouDontWantToKnow

In 100 years time you will still be able to cash them in with the Bank of … In 100 years time you will still be able to cash them in with the Bank of England.


I'm glad you have such faith in my life expectancy X)

£5 paper notes exist?
Haven't seen them for ages.

Hell yeah! I can now wipe my a** with a £5 note and it won't soil

sufchenko

£5 paper notes exist? Haven't seen them for ages.



Great when you split a £30 bill between two

rogparki

Don't Panic !! The phasing out will be over a period of many months - … Don't Panic !! The phasing out will be over a period of many months - they won't suddenly be "illegal tender" overnight . Apart maybe for MSK's dodgy fivers! Its a dead giveaway in the small print on them ( I promise to pay the bearer on demand the sum of £4.50 ) oO


I think you'll find its in the pawprint!

FantasyDeals

Hell yeah! I can now wipe my a** with a £5 note and it won't soil


They pay you too much X)

Banned

What do I need to do?

Nothing. Once The New Fiver has entered circulation we will gradually start withdrawing paper £5 notes as they are banked by retailers and businesses. If, after May 2017, you find you still have some paper £5 notes you will be able to exchange them at the Bank of England. But until then carry on spending paper £5 notes as usual.

Banned

KM4353

Will you have until next year to get rid of them lol, whats the point in … Will you have until next year to get rid of them lol, whats the point in setting a reminder.


exactly!

Just take a tip form eddie hitler, when the fivers expire tape porno images over the queen to distract cashiers while you leg it with your shopping.
Edited by: "Segata-Sanshiro" 24th Aug 2016

All my local cash machines have started issuing £5.00 notes again.

Wish I had a fiver to worry about

Banned

miikeyblue

Wish I had a fiver to worry about



In our household it has been like that for 3 months!

last minute oO , relax you have 'tll. may 2017.

Banned

ssc1

last minute oO , relax you have 'tll. may 2017.


aye this is just scaremongering as usual

Its more heads up and I certainly had no idea new five pounds notes were coming so thanks MSK.

Original Poster

jasmineinlondon

aye this is just scaremongering as usual



No really, it wasn't. I wasn't aware there was a later date for swapping them. I was attempting to be helpful, but thank you for that unnecessary judgement. If you're going to judge me for something, make it ignorance, not scaremongering.

At least I've learnt something through this thread

Original Poster

shabbird

Its more heads up and I certainly had no idea new five pounds notes were … Its more heads up and I certainly had no idea new five pounds notes were coming so thanks MSK.



No worries Shabs

Banned

moneysavingkitten

No really, it wasn't. I wasn't aware there was a later date for swapping … No really, it wasn't. I wasn't aware there was a later date for swapping them. I was attempting to be helpful, but thank you for that unnecessary judgement. If you're going to judge me for something, make it ignorance, not scaremongering.At least I've learnt something through this thread



well get the right info before posting maybe, you're welcome

jasmineinlondon

well get the right info before posting maybe, you're welcome


http://i.imgur.com/R5p9G94.gif

BOOOOOOOOOOOOOOOOOOOOOOOO!!!!!111

Banned

brilly

BOOOOOOOOOOOOOOOOOOOOOOOO!!!!!111


you're welcome too
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