Poll: Cash vs Cashless

[tippy2k2]

Almost exclusively cashless.

My credit card gets me 5% back on Fast Food, 5% back on Electronic Stores, 2% back on groceries, and 1% back on everything else. As long as you're smart (aka just pay the stupid thing off each month so you get no interest charges), they are literally giving me money to use my credit card.

 

[Joccaren]

Both. Major purchases always cashless, minor purchases I prefer to make in cash.
When pay comes in I set aside a portion of it into cash until next pay that I have to spend, and how much I plan on saving. Instead of going to the trouble of logging into an ATM or internet banking app all the time to see how much money I have, I have a very easy measure of how much I have left to spend on me at all times [Within reason of course, not going to carry $600 cash around ever]. It also helps with impulse control, physically seeing a huge lump of money leaving your wallet when you buy something you probably shouldn't, as opposed to watching a couple of numbers tick down on a screen, and generally I at least feel less comfortable making major purchases with cash anyway.

The total system I use is a bit more complicated than that, with 1 savings account, one spending account, and my cash, with the savings account touched in emergencies or for major purchases, spending account used when I don't have convenient change or for online purchases, and cash used for standard everyday transactions like buying my lunch during my break, but it basically means I end up with more spending control a better idea of how much money I have left during any given pay period, yet am still able to use the most convenient payment method at the time. Also means if I ever want to make a payment that can't be traced for any reason I'm able to without any extra suspicion from anyone who checks through my accounts [Family usually].

 

[gmaverick019_v1legacy]

Cash. Banks here charge you for making more than a certain (small) number of debit transactions a month and I have never owned a credit card.

hah wait what? Pretty much every card I have gives me rewards for using them more (my bank has different levels of membership for my check card, as long as I have 20+ transactions a month I get certain benefits plus how much I spend.), not less.

OT: cashless pretty much 95% of the time due to the above reason, also different credit cards that you charge to each other can rack up 3x the benefits over the same purchase, which is uber nice.

cash does have its benefits, but I tend to only carry about 20 bucks on me usually, just in case I get robbed the person is pretty much SOL and I'm only out a 20.

 

[Shoggoth2588]

I mostly use my bank-card but there's a good bit of satisfaction in using paper-money to pay for something. I feel kinda like a goon if I use my card on a $5 breakfast thing in the drive-thru or $3 for a coffee. I suppose I should look into getting a credit card considering you people are getting cash-back with yours...I have no idea how to adult despite being close to 30...

 

[infohippie]

Cash. Banks here charge you for making more than a certain (small) number of debit transactions a month and I have never owned a credit card.

hah wait what? Pretty much every card I have gives me rewards for using them more (my bank has different levels of membership for my check card, as long as I have 20+ transactions a month I get certain benefits plus how much I spend.), not less.

OT: cashless pretty much 95% of the time due to the above reason, also different credit cards that you charge to each other can rack up 3x the benefits over the same purchase, which is uber nice.

cash does have its benefits, but I tend to only carry about 20 bucks on me usually, just in case I get robbed the person is pretty much SOL and I'm only out a 20.

Welcome to Australia, please drop your trousers and bend over by the bank manager's office and await his convenience.

 

[Amir Kondori]

Here is the thing, while I prefer cashless and use it for 95% of my purchases I would never want cash to go away. Cash gives people a modicum of privacy and control over their finances that does not exist in a paperless world.

 

[gmaverick019_v1legacy]

Cash. Banks here charge you for making more than a certain (small) number of debit transactions a month and I have never owned a credit card.

hah wait what? Pretty much every card I have gives me rewards for using them more (my bank has different levels of membership for my check card, as long as I have 20+ transactions a month I get certain benefits plus how much I spend.), not less.

OT: cashless pretty much 95% of the time due to the above reason, also different credit cards that you charge to each other can rack up 3x the benefits over the same purchase, which is uber nice.

cash does have its benefits, but I tend to only carry about 20 bucks on me usually, just in case I get robbed the person is pretty much SOL and I'm only out a 20.

Welcome to Australia, please drop your trousers and bend over by the bank manager's office and await his convenience.

I completely understand your dilemma on being primarily cash, but I just don't get how our "benefits" are so wildly opposite. Why do I get dank rewards for using mine while you get penalized for using yours? (and yet US banks still have a greedy villain stereotype applied to them, so it's not out of the goodness of their heart that I get these benefits/rewards) I'm not familiar with what the differences would be between our banking systems, if any.

 

[Ambitiousmould]

Cash. For one reason. "Oh, sorry, you need to spend at least a fiver to use your card."

I only wanted a bag of chuffing Mini Cheddars and a bottle of Irn-Bru! Why is that so bloody difficult? And I know the cheeky fuckers are doing it on purpose because that's not a rule everywhere, only in some places. It's just a pissing wind-up.

If I moved around at night, I'd go cashless because where I live being mugged isn't irregular, but you can cancel a card. And even if you didn't cancel it the people around here (me included) wouldn't have a clue how to access your money without your PIN. The last time there was an attempted ATM crime, they literally tried to drag the thing out of the wall with a van.

 

[Kaymish]

Where i live most people have gone cashless in fact various banks are offering little eftpos Dongles for your phone so people can take bank cards anywhere and Judy Dench was advertising phone to phone payment apps a year or so ago
actually cash annoys me because i end up with piles of little coins that have no use except with the addition of tape can be used to block pipes or turn little fizzing fireworks into small bombs that fire shrapnel
though i suppose i could throw them at wait staff as tips but that may just confuse them

 

[infohippie]

Cash. Banks here charge you for making more than a certain (small) number of debit transactions a month and I have never owned a credit card.

hah wait what? Pretty much every card I have gives me rewards for using them more (my bank has different levels of membership for my check card, as long as I have 20+ transactions a month I get certain benefits plus how much I spend.), not less.

OT: cashless pretty much 95% of the time due to the above reason, also different credit cards that you charge to each other can rack up 3x the benefits over the same purchase, which is uber nice.

cash does have its benefits, but I tend to only carry about 20 bucks on me usually, just in case I get robbed the person is pretty much SOL and I'm only out a 20.

Welcome to Australia, please drop your trousers and bend over by the bank manager's office and await his convenience.

I completely understand your dilemma on being primarily cash, but I just don't get how our "benefits" are so wildly opposite. Why do I get dank rewards for using mine while you get penalized for using yours? (and yet US banks still have a greedy villain stereotype applied to them, so it's not out of the goodness of their heart that I get these benefits/rewards) I'm not familiar with what the differences would be between our banking systems, if any.

I think the biggest difference is that our governments have gone in for deregulation in a much bigger way.

 

[Parasondox]

Cash. For one reason. "Oh, sorry, you need to spend at least a fiver to use your card."

I only wanted a bag of chuffing Mini Cheddars and a bottle of Irn-Bru! Why is that so bloody difficult? And I know the cheeky fuckers are doing it on purpose because that's not a rule everywhere, only in some places. It's just a pissing wind-up.

If I moved around at night, I'd go cashless because where I live being mugged isn't irregular, but you can cancel a card. And even if you didn't cancel it the people around here (me included) wouldn't have a clue how to access your money without your PIN. The last time there was an attempted ATM crime, they literally tried to drag the thing out of the wall with a van.

I hate that so so much. It's mostly (always) corner shops and newsagents pulling that crap. "Must spend ?5 to use your card", crap. Or, "we have to charge you 50p if you use your card". Then when you try to find the nearest cash machine, it's either too far or charges you to take out cash, ?2.00 for some machines or is "out of service", or "sorry there is no ?10 notes, you must take out ?20". Only a small few do ?5 notes which is rare but some Tesco Express and banks do them.

 

[Dirty Hipsters]

I always keep a few bucks in cash for tips and such, or just in case I end up somewhere that's cash only, but the vast majority of my transactions are credit cards.

Really wouldn't mind everything going cashless.

 

[CrystalShadow]

You know, I noticed over the last months that even though I get money out every so often, I'm usually paying for everything by card.
(around here, there's a few cash-only places, but that's not why I take out the cash. Mostly habit.)

 

[Ambitiousmould]

Snip

Exactly. It's like the world is going out of its way to be inconvenient. There was a small shop is Scarborough that my brother visited a lot when at uni that had a machine that was just slow. And I mean slow. As in it literally (the proper use of the word) took a whole 5 minutes to move from one screen to the next.

 

[Strazdas]

Cashless whenever i can. Its just much more convienient and safer way to deal with things. I do carry a small amount of cash for occasions when the machine is broken or the seller only accepts cash, but thats a rare occasion, i often go an entire month without touching that stash.

If you insist on using plastic for everything, make sure you're at least using a credit card, not a debit card. Here in the states it's much more of a hassle to get money back into your bank account.

how are these supposed to work? And i dont know how it is in the states but here in Lithuania debit cards are basically credit cars but without any credit and not accepted online. otherwise they are functionally identical.

Cash. For one reason. "Oh, sorry, you need to spend at least a fiver to use your card."

thats not legal. if they accept card, they must accept it no matter transaction size. same for cash. exception being where government regulates exessively large transactions. to do those in cash you need proof of money origin.

 

[Parasondox]

Cash. For one reason. "Oh, sorry, you need to spend at least a fiver to use your card."

thats not legal. if they accept card, they must accept it no matter transaction size. same for cash. exception being where government regulates exessively large transactions. to do those in cash you need proof of money origin.

Oh it happens alot in small stores. Another moment for me was when I needed to top up my electric with the electric key given by the supplier. It was meant to be a cheaper option for those on low income but lately that has proven to be false. Anyways, I went to one store to top up a tenner and the shop keeper told me there will be a pound charge for that. I thought he was kidding but he was serious. I asked him why and he said some bull about energy supplies asking for extra charge which is bullshit. I didn't pay and when to another store.

Similar to that, my father gets winter fuel allowance (he is over 70 and I do not live with him), and he was given a letter from his energy supplier with coupons of about ?150 for his electric and gas. Well, he took it to a "Paypoint" near him and about 3 shops I'm that area wanted him to pay the ?150. He had the right papers for him to not pay and yet the shops wanted cash. Fuck them!! He didn't go through with it, told me, we took it to my local store and they did it there and then for him cause they deal with many pensioners too. We also reported the other stores who asked for payment because it's against the low. I do not know what happened further with those store but the situation was fucked up.

So yeah. Some small corner shops try harder and illegal ways to gain extra money for sales.

 

[Ambitiousmould]

Cash. For one reason. "Oh, sorry, you need to spend at least a fiver to use your card."

thats not legal. if they accept card, they must accept it no matter transaction size. same for cash. exception being where government regulates exessively large transactions. to do those in cash you need proof of money origin.

It's definitely legal here in the UK, and not uncommon practice. I just have no idea why business owner would want to use that system.

 

[sageoftruth]

I think cash is a useful plan B for when cashless doesn't work or takes too long, like at restaurants.

 

[fenrizz]

Cashless for the most part.
I only really need cash for, well, I better not say that aloud.

 

[DeliveryGodNoah_v1legacy]

I used to carry cash on me, but when I started in retail I helped cover maybe 30 cents or a dollar at most for a customer or two now and again while working, and now I literally get people coming in like, "Oh maaaaan, gee wiz I don't have all the money, I'm like three dollars short. Hey man, can you cover for me? I promise I'll pay you back."
"Sorry, I don't carry cash on me anymore."
"What the fuck? You're seriously telling me you don't have a couple bucks to cover for me? Wow."
And then the customer is a typical jerk to me from then on, like it's my responsibility to pay for their products in the store I work in, when I honestly just wanted to help people. (actually had a customer curse me out because they wanted to buy a newspaper and they were "insulted" that I counted out the $1.50 in random change they handed me. Gotta love this POS town)

Plus, it's more convenient to use my card when I do buy things anyway. I can easily just swipe my card rather than fumbling around with many slips of paper. However, if I'm out somewhere I may take a $20 with me just in case.