Do you still use cash?

[Kerwin]

I don't think I've used cash in years. I just use Apple Pay with my phone or Apple Watch and using cash is so much hassle because you need to go to an ATM and then you end up with loads of change you can't spend. If a business only accepts cash it is a major turn off and I'd probably end up not using that business.

 

[fisicx]

We had a thread about this a while back. The majority answer was no with some exceptions.

The bloke who got rid of our wasps carries a sumup machine. Says he lives nowhere near a bank so getting paid in cash is too much hassle.

 

[Mr D]

I don't think I've used cash in years. I just use Apple Pay with my phone or Apple Watch and using cash is so much hassle because you need to go to an ATM and then you end up with loads of change you can't spend. If a business only accepts cash it is a major turn off and I'd probably end up not using that business.

I use vouchers for supermarket shopping, purchased online using bank card. I use bank card for my few other online purchases.
Besides the £1 for supermarket trolley each week I don't think I've handled any cash this year at all.

Past few years I've probably only used cash on the few occasions I've had to get a taxi.

 

[thetiger2015]

It's because cash is now more difficult to use than cards, ten years ago, you couldn't pay with a card if it was a local transaction - the local chip shop for example, they only took cash for small orders, it cost too much for credit card fees.

Now though, the banks are all closing in the high street, cash machines..I think we have two left near here. They make more money from closing the banks and cash machines, replacing them with credit cards that charge interest or debit cards where the shop pays a processing fee. It's a rip off really, because your £10 in cash is worth £9.60 now - due to fees etc.

 

[MikeJ]

Do you think the constant recycling of cash from bank to you to shop to bank was free? It's a darn site easier to move money electronically than handle cash.

 

[Mark T Jones]

I still like cash, but reality is that - particularly living in a village, and in a non-cash business, card/electronic makes far more sense

Even my local pub - traditionally bastions of the cash economy - far prefers card payment, as do many trades

That said, I'm seeing a small backlash, a number of independent retailers putting minimum spend on cards, and s couple actually going back to cash only

 

[MikeJ]

We paid our mole catcher in cash, and did a boat trip last week that was cash only. I also got a hair cut last year (the wife usually does it) and they were cash only. Whenever I hear that, I think "Tax Dodger"....

 

[Ozzy]

It’s been so many years now I cannot remember how many years since I last carried a wallet and any cash.
I make one exception and that’s my barber who is cash only, and then I have to ask my wife to get me some cash to make that pilgrimage to the barber. Anyone else though, as others have said, cash is just too much aggravation to handle.

 

[Ethan39]

The only time I end up using cash is when I'm at a large event. Normally because the typical card machines that connect to your phone start to fail when you're at the Excel and there are 10k mobile phones walking around.

If I'm ever at any kind of market/festival (Of the local town/food/beer kind) I normally have cash as well. Typically I'll ask "Is cash or card easier", the answer is usually card but every now and again cash is the preferred option.

 

[pentel]

I use cash wherever possible.

When paying by cash the supplier receives £100 for every £100 I give them which they can use to by £100 worth of things which there supplier will receive £100 for.

When using card my suppler can receive as little as £97.50 so can only buy £97.50 worth of good from his supplier who will only receive £95.

Repeat a few times...

 

[Mark T Jones]

I use cash wherever possible.

When paying by cash the supplier receives £100 for every £100 I give them which they can use to by £100 worth of things which there supplier will receive £100 for.

When using card my suppler can receive as little as £97.50 so can only buy £97.50 worth of good from his supplier who will only receive £95.

Repeat a few times...

It's increasingly not the case.

There is only so much cash you can spend - lots of places are now card only.

Banks often charge businesses to deposit cash.

In some cases, insurers charge a premium for cash businesses.

 

[Kerwin]

I got £3 change the other day and just gave it to my mum as it is worthless to me.

 

[pentel]

It's increasingly not the case.

Are you suggesting that it doesn't cost to accept card payments?

"lots of places are now card only" to be avoided as much as possible in my opinion

 

[Mark T Jones]

Are you suggesting that it doesn't cost to accept card payments?

No I'm stating that the price gap is narrowing.

 

[IanSuth]

No I'm stating that the price gap is narrowing.

Both local rugby clubs i am members off have adopted a "min card transaction" of £3 due to little johnny running in with daddy's card to get a single mars bar or can of coke and the min transaction charge meaning the sale costs the club money rather than making it money