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Deadline for old ten pound notes looming

Three days until the old tenners are no more

It’s happened to the fivers and now we’re saying goodbye to the old tenners. With only three days left to spend them, get looking for those Charles Darwin notes as after 1 March they’re no longer a legal tender.

Can I still use them?

After the March deadline you won’t be able to use them in shops but you may be able to still exchange the old notes at your local banks and post offices, but they aren’t under legal obligation to accept them.

They can also be posted to the Bank of England, or you can visit the bank in person at Threadneedle Street in London, where you’d be able to exchange the old ones for the new plastic note at any time.

How many are out there?

It’s reported that there are 200million still out there, which equals to £2bn and the same weight as nearly 2,000 giant Galápagos tortoises that Darwin saw on his travels.

What’s so special about the new £10s

The new notes are said to be more environmentally friendly and harder to counterfeit. They’re also made from polymer which is more resistant to dirt and moisture than the paper ones and according to The Bank of England: “allows us to include enhanced security features, which make polymer banknotes harder to counterfeit."

Featuring Jane Austen and Winchester Cathedral, where she is buried, on the note there are also two clusters of raised dots in the top left-hand corner which is a feature to help the blind and partially sighted determine the value of the note.

When do £20s change?

It’s no surprise that the £20 notes are also set to turn from paper to plastic. The new £20, to be issued in 2020, will include the artist JMW Turner’s self-portrait which is currently on display at Tate Britain and one of his most  famous paintings – The Fighting Temeraire.

It’ll also include the quote ‘Light is therefore colour’, a reference to his innovative use of light, shade, colour and tone from a lecture Turner gave in 1818 and his signature from his Will, in which he left many of his paintings to the nation.

Do you still carry cash?

Last year, cards pushed notes and coins off the top spot as the UK’s number one payment method and according to the British Retail Consortium, more than half of all retail purchases are now made by card with contactless payments.

However, for those of us that still do pay with cash get checking those pockets, piggy banks and old bags for any paper tenners, as come Thursday 1 March they become obsolete.

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