FabSwingers.com > Forums > The Lounge > Cash or Card ?
Cash or Card ?
Jump to: Newest in thread
 |
By (user no longer on site) OP
over a year ago
|
Was in the supermarket earlier & someone in front paid for their shopping (less than £2) with a card.
Now obviously I have cards, but id never dream of leaving the house without a wallet full of cash also. Is cash relevant anymore or do you think it’s on its way out ? |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
I tend to pay more on card now, I don’t really carry cash.
I think it’s on the decline, my lad pays for the majority of stuff via his phone / tapping card. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Was in the supermarket earlier & someone in front paid for their shopping (less than £2) with a card.
Now obviously I have cards, but id never dream of leaving the house without a wallet full of cash also. Is cash relevant anymore or do you think it’s on its way out ? "
If I have cash on me now....it's almost an afterthought. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *ankie303Woman
over a year ago
Weirdsville South Coast Dorset |
I work in the taxi industry and see this kinda thing all the time. £2.50 fare paid on card, what annoys me is the drivers loose out 5% on each transaction due to the fee that still has to paid for having the terminals and i imagine shops still pay. I never use my card for less then £5 in shops (and always pay cash for taxis lol) |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
I would imagine that there are lots of people that do not have the luxury of deciding whether to leave the house with loadsa money in their wallet or not.
That said, I know folk that are very well off that frequently do not carry cash ever. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I work in the taxi industry and see this kinda thing all the time. £2.50 fare paid on card, what annoys me is the drivers loose out 5% on each transaction due to the fee that still has to paid for having the terminals and i imagine shops still pay. I never use my card for less then £5 in shops (and always pay cash for taxis lol)"
I only really use taxis that I order and pay by an account online which is more convenient for someone like me that never has cash. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
A mixture of both, as my local shops don't allow card payments under £5.
I don't have cash in my purse for long though, as my grandchildren tap me for it daily. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
Sometimes you only a 2-4 quid in the bank it’s easier to pay by card rather than fathin on at the bank for a couple of quid I do prefer having a purse full of cash tho
Mrscxxx |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"A mixture of both, as my local shops don't allow card payments under £5.
I don't have cash in my purse for long though, as my grandchildren tap me for it daily."
You mean the Aladdin’s cave doesn’t take cards?  |
Reply privately, Reply in forum +quote
or View forums list | |
The only time I handle money is to take the old £1 coin I have in my pocket to use in the supermarket trolley.
I have £60 in my purse plus about £15 in coins that have been there since last year.
I use contactless. |
Reply privately, Reply in forum +quote
or View forums list | |
I rarely have cash on me these days.
My bankcard fits in a slot on my phone case, I can also pay via Samsung pay on my phone & watch.
That way I only spend exactly what I want.
When I used to draw vzxh out, would often sit there at the end of the day, looking at an empty purse & not a clue where or how I'd spent it
It also now solves the "Mum can I have a tenner? " issue every time they go out.
They get their pocket money put into their bank, they use their cards, they learn to budget. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I can beat that, I saw someone pay 79p for a bag of crisp in a station"
i can beat both, in Aldis a student tried to buy 1 banana worth 11p on his card. Manager wouldnt let him queue getting bigger .America doesnt use cash much look at the personal debt everyones in |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
There was an item on BBC Breakfast yesterday about whether or not we are heading towards a cashless society.
They were reporting on one pub that no longer takes cash - all transactions are done with cards.
1. It's easier for their customers as the nearest cash machine is apparently a good 30 minute walk away
2. Their insurance premiums are now lower because there is a lower risk of burglary due to there no longer being any cash on the premises.
3. It's saved them a lot of admin time as they no longer have to count up all the money at the end of their business day.
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By *emini ManMan
over a year ago
There and to the left a bit |
I take cash out less and less these days but do like to have some on me - it does also tend to vary according to where I am if I use cash or card - in a busy pub I'd much rather use cash for example.
Was in a Vodafone shop (I think it was) the other week that had signs up saying they were now cashless and all transactions would be via card/pay devices. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site) OP
over a year ago
|
"There was an item on BBC Breakfast yesterday about whether or not we are heading towards a cashless society.
They were reporting on one pub that no longer takes cash - all transactions are done with cards.
1. It's easier for their customers as the nearest cash machine is apparently a good 30 minute walk away
2. Their insurance premiums are now lower because there is a lower risk of burglary due to there no longer being any cash on the premises.
3. It's saved them a lot of admin time as they no longer have to count up all the money at the end of their business day.
"
I think this is the way more & more businesses will go. It’s a pain for us sometimes taking cash in our business as then it means a trip to the bank to deposit it. But feel for small businesses taking small regular amounts such as taxi drivers etc |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
The number of times I get “ooh I can’t take that” when I present a perfectly legal Scottish £20 note when I’m south of the border means that to be honest it’s easier to just use card/phone to pay for stuff no matter how low the value.  |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *iss SJWoman
over a year ago
Hull |
"I would imagine that there are lots of people that do not have the luxury of deciding whether to leave the house with loadsa money in their wallet or not.
That said, I know folk that are very well off that frequently do not carry cash ever."
Like the Queen? |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I would imagine that there are lots of people that do not have the luxury of deciding whether to leave the house with loadsa money in their wallet or not.
That said, I know folk that are very well off that frequently do not carry cash ever.
Like the Queen? "
Yes. My old mucker Liz just swishes her phone when popping down to Waitrose for her pack of mints to claim her free coffee |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
The dilemma:
We were all told to switch to cards because it would be cheaper, save transaction costs as it's electronic and no paper pushers involved and quicker. Neither of these promises have happened to the client.
Still takes days to transfer money unless it's from one of your own accounts to another in the same bank. There's a charge for use of cards, no charge for cash and yet it's handled by someone and their time costs.
I use cash when ever I can, old school thinking controls impulsive large purchases and becomes a habit I guess, pay for it and genuinely own it.
NB. Cash was always more secure than current electronic methods. Even the banks now try to blame the customer if the money they are holding is taken out by some fraudster. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
I very very rarely carry cash. If I have cash I’ve got it out for a reason. Gone are the days of getting money out of a cash machine to have on you.
I don’t even use my card that much with Apple Pay being so convenient |
Reply privately, Reply in forum +quote
or View forums list | |
"I get points on my cards so use it as much as possible. But when I go in corner shop will pay cash to keep there costs down. "
I don't know if it is cheaper if its contactless as it costs to bank cash and takes time. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
Yesterday I was in boots. Picked up various bits and pieces. Paid by card for it then realised I needed a bag. She put the 5p on a seperate transaction and I used contactless to pay. I felt no shame. I only had my card with me. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"The number of times I get “ooh I can’t take that” when I present a perfectly legal Scottish £20 note when I’m south of the border means that to be honest it’s easier to just use card/phone to pay for stuff no matter how low the value. "
Although Scottish notes are still UK currency, it does bring to mind another benefit of card transactions. When travelling abroad you won't need to go to the bank or the travel agents to change your money into whichever currency as your card is simply debited at the present exchange rate.
As I own an American car, I've been buying parts from the States for years - mostly via ebay. The seller is paid in dollars and my account is debited in Stirling at the prevailing exchange rate. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Was in the supermarket earlier & someone in front paid for their shopping (less than £2) with a card.
Now obviously I have cards, but id never dream of leaving the house without a wallet full of cash also. Is cash relevant anymore or do you think it’s on its way out ? "
Card for small amounts makes far more sense than cash.
If ypu pay with a note you end up with loads of change you now have to find a place for (if ypu say your wallet its a purse not a wallet).
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By *itty9899Man
over a year ago
Craggy Island |
"Was in the supermarket earlier & someone in front paid for their shopping (less than £2) with a card.
Now obviously I have cards, but id never dream of leaving the house without a wallet full of cash also. Is cash relevant anymore or do you think it’s on its way out ? "
With contactless cards now I think cash won't be to long for this world. It's a shame I know how you feel having a crisp new note in your pocket. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
We're definitely going cashless. There's a coffee shop in Birmingham that doesn't take cash. Burslem in Stoke only has as ATM machine that charges for withdrawals. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
Never keep money in a bank, but always pay by card, but have to remember to take those plastic tokens with me that tesco gives you for some charity cause to stuff in the supermarket kart as never have a pound coin on me. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
If you never carry cash and the bank goes tits up as mine did last Summer for a couple of weeks then your fecked.
This is exactly why a cashless society is desired by the people holding our wealth....in a word,, Control. |
Reply privately, Reply in forum +quote
or View forums list | |
"If you never carry cash and the bank goes tits up as mine did last Summer for a couple of weeks then your fecked.
This is exactly why a cashless society is desired by the people holding our wealth....in a word,, Control."
Wealth disribution is a lot easier to do online. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *evaquitCouple
over a year ago
Catthorpe |
In a certain supermarket I will use my debit card if it's a pound or over.Got to get those double points rewards, pays for a few channel crossings per year. Dislike to keep a tenner or fiver and loose change for car parking and the odd shop snack. |
Reply privately, Reply in forum +quote
or View forums list | |
"I don't trust contactless because it occurs to me that there could be a hidden card reader near the legitimate one, thus stealing money from me. Am I being naive here? "
No and it can be scanned in your pocket too and money lifted so be warned. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I don't trust contactless because it occurs to me that there could be a hidden card reader near the legitimate one, thus stealing money from me. Am I being naive here? "
Not at all. There's millions being stollen this very way. £30 limit but if those using the card reader are walking around a market, subway, open concert or crowded city it's been reported they can steal upwards of a few thousand a day. Rack card readers in ATMs are used too, they just slit straight into existing slot, only protruding out a very small amount and each unsuspecting person looses a few hundred very quickly. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
Depends on what I'm buying in case once home it's crap and I want an instant refund.
Normal supermarket shopping it'll be card. Clothes or electrical goods it's usually cash |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
Well cash wise I'd say card is more safe than having a chunky wallet and then for some little shit to steal it from you but I'd keep a bit of change for the small bits no more than 20 |
Reply privately, Reply in forum +quote
or View forums list | |
I have a small reserve of cash in change for things I can't do contactless for but generally less than £10 on me. Even busses now are contactless which saves having to get change for park & ride every day |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I have a small reserve of cash in change for things I can't do contactless for but generally less than £10 on me. Even busses now are contactless which saves having to get change for park & ride every day"
Yeah sure over here we have something called s leap card to pay for the buses |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Was in the supermarket earlier & someone in front paid for their shopping (less than £2) with a card.
Now obviously I have cards, but id never dream of leaving the house without a wallet full of cash also. Is cash relevant anymore or do you think it’s on its way out ? "
It is slowly on the way out. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I work in the taxi industry and see this kinda thing all the time. £2.50 fare paid on card, what annoys me is the drivers loose out 5% on each transaction due to the fee that still has to paid for having the terminals and i imagine shops still pay. I never use my card for less then £5 in shops (and always pay cash for taxis lol)"
Where can you get a cab ride for £2.50? |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I work in the taxi industry and see this kinda thing all the time. £2.50 fare paid on card, what annoys me is the drivers loose out 5% on each transaction due to the fee that still has to paid for having the terminals and i imagine shops still pay. I never use my card for less then £5 in shops (and always pay cash for taxis lol)
Where can you get a cab ride for £2.50?"
From my house to my next door neighbour |
Reply privately, Reply in forum +quote
or View forums list | |
» Add a new message to this topic
