Cash Out Day Australia: When It Is and Why Cash Still Matters

Next Payments proudly supports payment choice: the freedom for Australians to pay how they want, when they want. Card, digital wallet or cash, what matters is that the option is there. That is what Cash Out Day is about.

What is Cash Out Day?

Cash Out Day is a national awareness day that celebrates cash as a reliable, secure and inclusive way to pay. It encourages Australians to withdraw cash and spend it with local retailers, small businesses and venues, keeping cash active in the community.

Why Cash Still Matters

The growth of digital payments is real, but cash has not gone away. Australians are still choosing it, and more often than before.

We were pleased to see Scott Pape, The Barefoot Investor, recently highlight the importance of cash in today’s economy. As one of Australia’s most trusted voices in finance, his message echoes what we have long believed - cashflow is critical for both consumers and businesses.

• Cash is secure: it cannot be hacked, leaves no digital footprint, and keeps spending private.
• Cash attracts zero fees: no surcharges or transaction fees for the customer or the business.
• Cash is reliable: it does not depend on power, network or apps, so it works every time.

RBA figures back this up. Cash withdrawals have risen three years running:

• December 2022: $8.6 billion
• December 2023: $8.86 billion
• December 2024: $9.1 billion

These numbers speak for themselves: Australians are still choosing cash - and more frequently than before.

How to Get Cash Out on Cash Out Day.

Next Payments provides access to cash through its ATM network across Australia and New Zealand. With Tap & Go withdrawals, customers can withdraw cash even if they left their card at home, just by tapping a phone or smart device. See how to get cash out without a card and browse the ATM Range.

Frequently Asked Questions.

What is Cash Out Day?

A national awareness day that celebrates cash and encourages Australians to withdraw and use it.

Why does cash still matter?

Cash is secure, free to use and works during outages, and RBA data shows withdrawals are still rising.

Is cash use declining in Australia?

No. Cash withdrawals rose from $8.6 billion in December 2022 to $9.1 billion in December 2024, so demand for cash remains strong.

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This Cash Out Day, withdraw some cash and spend it wherever you choose. Find a Next ATM in the ATM Range, or contact Next Payments to add one to your venue.

Have a question or would like more information? Please contact: media@nextpayments.com.au