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re: The war on cash. Noticing more and more places refusing to take cash.

Posted on 5/31/22 at 9:08 am to
Posted by RT1941
Member since May 2007
32069 posts
Posted on 5/31/22 at 9:08 am to
quote:

Who doesn’t take cash? I think they are legally obligated to accept it.


The US Open, PGA Championship, Masters, British Open are card only venues. Purchasing alcohol, a movie on a flight are card only. Concessions at major sporting events are card only.
Posted by Horsemeat
2025 Contributor Of The Year
Member since Dec 2014
15497 posts
Posted on 5/31/22 at 9:10 am to
quote:

Concessions at major sporting events are card only.
Cuts down on theft at the register - both by employees and this trend of smash and grab robberies.
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56146 posts
Posted on 5/31/22 at 9:12 am to
quote:

No its not, because they won't take it.


Who is "they". We just remodeled our house a year ago and we paid cash for all kinds of stuff between the $500-800 range at Lowe's, Home Depot and an appliance store. Things over a grand we cut them a check.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 5/31/22 at 9:14 am to
quote:

Who is "they"


Sporting events, airlines, hotels, restaurants, etc, etc
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56146 posts
Posted on 5/31/22 at 9:16 am to
quote:

nice chunk of cash in my safe


Yep. My brother is going to be one happy dude when he opens my safety deposit box once the wife and I are gone - if she doesn't spend it after I'm gone.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 5/31/22 at 9:17 am to
quote:

nice chunk of cash in my safe in case something happens.


Losing value every day.
Posted by concrete_tiger
Member since May 2020
7477 posts
Posted on 5/31/22 at 9:19 am to
quote:

quote:
before long, most kids will have cards.


Kids had debit cards in junior high like 20 years ago


Thanks, Captain. So did MOST kids have them in Junior High 20 years ago? Most don't have them now. It's coming. My kids have had cards for a while, but I don't let them carry them around.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 5/31/22 at 9:20 am to
quote:

Most don't have them now.


Disagree

Well, actually most kids don't, but that's not what you meant. You meant most kids in a certain demographic don't, which I disagree with. Every kid over 12 I know has a debit card.
This post was edited on 5/31/22 at 9:21 am
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56146 posts
Posted on 5/31/22 at 9:21 am to
quote:

Sporting events, airlines, hotels, restaurants, etc, etc


I assume you're talking about the major sporting events. Airlines, I haven't flown since '93. Those two thing I can understand where a cc is necessary but hotels and restaurants, no. All the hotels and restaurants in my area still take cash.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
25824 posts
Posted on 5/31/22 at 9:22 am to
quote:

Many people aren’t even members of a brick and mortar bank (online only).

*which is dumb. When something goes wrong, and it always will, you want someone you know to be able to help you


WTF does that even mean

Banks are all corporate now, they do not know any of the customers. The days George Bailey's Building and Loan not longer exist.

USAA is my bank for the past 20 years, they are online only.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 5/31/22 at 9:22 am to
quote:

I assume you're talking about the major sporting events. Airlines, I haven't flown since '93. Those two thing I can understand where a cc is necessary but hotels and restaurants, no. All the hotels and restaurants in my area still take cash.


I didn't realize I was talking to a cretin, carry on.
Posted by EvrybodysAllAmerican
Member since Apr 2013
12837 posts
Posted on 5/31/22 at 9:22 am to
I think the main reason some places dont take cash, is they're afraid someone will steal it, either the person working or somebody else.
Posted by Abstract Queso Dip
Member since Mar 2021
5878 posts
Posted on 5/31/22 at 9:22 am to
I had one in 1997ish maybe when I had a highschool job.
Posted by Tuscaloosa
14x Award Winning SECRant user
Member since Dec 2011
50634 posts
Posted on 5/31/22 at 9:36 am to
quote:

How the frick does that work? Restaurants serve you before you pay, creating a debt owed and thus cash can't be refused. Unless they are changing the model to where you pay up front for all food and service?


For dine-in restaurants with full service, I’ve seen signs posted on the doors. More commonly, I see it at counter service restaurants where you pay when you place the order and then someone brings it to you. Deli style restaurants especially.
Posted by Odysseus32
Member since Dec 2009
10043 posts
Posted on 5/31/22 at 9:42 am to
quote:

She had about fifty cash she didn't get back but all the bs about getting new cards and phone calls involved - well it just isn't worth it to me. I use cc for big ticket items only. Anything under a grand, it's cash for me.


Last month I lost both my ID and debit card. I immediately cancelled my debit card and ordered a new one through an automated system. A new debit card arrived the next week. I went online and bought a new ID by confirming my identity that arrived in 2 weeks. Aside from waiting for these things to arrive in the mail, it took me 1 phone call, 1 website form, and about 20 minutes total.

I don't see what BS about getting a new card would have been on the docket. Any time I've had to deal with bank customer service about stolen/lost cards they have always been very polite and prompt. I could see an issue if you use a local bank with poor resources.
Posted by Napoleon
Kenna
Member since Dec 2007
74249 posts
Posted on 5/31/22 at 9:52 am to
Bitcoin?
I bought into bitcoin after Stouts dark web thread at $27 a coin and flipped them and made BANK son for $250 each.
Yeah.
Posted by Napoleon
Kenna
Member since Dec 2007
74249 posts
Posted on 5/31/22 at 9:57 am to
I think you just wanted to get a barb in.

I misplaced a card that was linked to another card. I turned them off. I still had my business cards in my travel wallet. I still had E funds if need be.
Just didn't have my travel CC.
But I had a good bit of cash on me.

I was out of town in a place I've never been before and my top take away of the last 4 days is Chicago hates cash. I know the OT hates Chicago ( I actually had a great time and the cash issue was my only issue and it really wasn't even that bad other than at Eataly. And only then because at that point I didn't have my wife nearby with her plastic. )


It didn't limit much. Really just an observation.
This post was edited on 5/31/22 at 9:58 am
Posted by Napoleon
Kenna
Member since Dec 2007
74249 posts
Posted on 5/31/22 at 9:59 am to
This.

I've never had cash stolen. I've had employees at places I spent credit steal from me. Though I did get restitution.
Posted by RT1941
Member since May 2007
32069 posts
Posted on 5/31/22 at 9:59 am to
quote:

Last month I lost both my ID and debit card. I immediately cancelled my debit card and ordered a new one through an automated system. A new debit card arrived the next week. I went online and bought a new ID by confirming my identity that arrived in 2 weeks. Aside from waiting for these things to arrive in the mail, it took me 1 phone call, 1 website form, and about 20 minutes total.

I don't see what BS about getting a new card would have been on the docket. Any time I've had to deal with bank customer service about stolen/lost cards they have always been very polite and prompt. I could see an issue if you use a local bank with poor resources.
My wallet sunk in the lake last month. I called my credit card company and had a new card sent Fed-Ex next day delivery at no charge. I dropped by the bank branch and they printed a new debit & credit card on site. Used the DMV app and had a temporary license immediately until the new one came in the mail on 5-7 business days.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 5/31/22 at 10:01 am to
quote:

This.

I've never had cash stolen. I've had employees at places I spent credit steal from me. Though I did get restitution.


I have, straight out of my wallet. And I've had my credit card hacked too. Guess which one I got the funds back from?
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