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Have you gone cashless as yet?

185 replies

which1 · 15/10/2019 20:56

Was recently looking for a new wallet.
So many places now seem to do just cardholders.

So do you still carry cash?

I guess there might be a trend for more and more card use seeing as pretty much everywhere now has a card machine and I suppose they scrapped those 2%/3% fees that sometimes used to be added on to the total cost of the transaction.
I suppose also as more purchases move online, obviously that's card only.

OP posts:
thatmustbenigelwiththebrie · 16/10/2019 04:47

Even our collections at work and our lottery syndicate don't use cash any more. Nor does weekly market. I pay for everything on card. Even if it's a quid.

ifigoup · 16/10/2019 04:56

I prefer not to use cash, but still have to in instances like:

  • launderette (we go there to tumble-dry bedding etc.)
  • taxis (our local firm still won’t take cards or online payment)
  • church cake sales
  • airport vending machines
  • Brownies jumble sale
  • local old-school café
  • local old-school barber for DC haircuts

There are actually a lot of instances. I think most people round here prefer cashless (there was consternation on the bus the other day when the contactless reader was broken and tickets had to be bought in cash!) but there are a surprising number of hold-out situations that mean it won’t be possible any time soon.

soulrunner · 16/10/2019 05:36

90% cashless now, bar taxis and even they are starting to accept contactless now ( probably as losing out to Uber etc)

BunchMunch · 16/10/2019 05:59

I much prefer using cash, apart from online or large purchases.
I normally try to budget myself to £200 pw which I draw out on a Friday - this pays for the food shop and other incidentals. Once that's gone, that's my spending for the week done.
Easy way of saving money. I like the anonymity of using cash rather than cards. I also save a £10 note each week which goes in my Christmas tin - I then have around £500 in cash by December.

BlackTrousers · 16/10/2019 05:59

School - expect exact change at practically no notice.
DD - charges extortionate amounts for a balloon or theatre "show"
Taxi - surcharge if you pay by card, which double cost of trip.
Bus - not every bus has a ticket machine, you won't know in advance.
Parking - not all the parking meters where I usually park take cards.
Small amounts in shop - feel silly for paying with a card.
Some shops still have a minimum spend to pay by card.

I lost my wallet recently and had to cancel my cards. Took a few days to come through and I was glad I had enough cash for bread & milk!

Sniv · 16/10/2019 07:05

I live in a city, but a proportion of our local cafes, restaurants and shops only take cash. My favourite cafe has finally got a card machine, but they ask that customers pay cash where they can because they don't lose fees that way and their margins are tiny as it is. Knowing that, I pay cash where I can in most small independent businesses.

BarbaraofSeville · 16/10/2019 07:06

I still use bits of cash for pretty much the same reasons as BlackTrousers.

When your formative years were made up of shopkeepers huffing while people paid by cheque, or wanted to pay by card for less than about a tenner, it's hard to get out of the habit.

Also, there's the charges. If the charges wipe out the profit of a small transaction for small trader, I feel guilty about that. There's many honest ways of using cash - paying employees and suppliers, and paying personal expenses. Just because someone works in cash doesn't necessarily mean that they are on the fiddle.

Plus a lot of parking meters charge extra for using a card. Parking is expensive enough, without voluntarily paying more for it. It might only be 25 p a time, but it adds up. It also illustrates that total reliance on cards is probably making it more expensive for all of us. If shops set their prices based on someone buying a mars bar with a card, which could easily add 20 or 30 pence to the cost, everyone will pay the extra cost, however they pay.

And there's stll plenty of parking meters and small traders who don't take cards, or don't for small amounts, so it might work to only use cards if you never leave the city, but if you go out into small towns, villages and coastal areas, cash is often still essential.

I also hate the group restaurant situation where some people pay by card, because it's a lot harder to work out who's paid what - with cash, you can see from the pile of money on the table, that everyone's paid up. If you have a line of people paying by card, it takes forever, and then when you get to the last person, either there's a load of extras that need paying for that other people have forgotten about, or they'll find that everyone else has already paid the bill and they'll just pay the little or nothing that's left.

BarbaraofSeville · 16/10/2019 07:07

Longer more waffly version of what Sniv said.

Aridane · 16/10/2019 07:43

@minesagin37 - exactly! - which is why, unsympathetically, I have an inner Smirk 😏

PurBal · 16/10/2019 07:48

Most of the time I just carry cards. But we have cash only and cash free shops where we live so often have to get money from the atm when I am out.

RiddleyW · 16/10/2019 13:30

I agree that supporting small, local shops by using cash for small purchases is a good idea.

I used to always make sure I had cash for the little one man band coffee kiosk at our local station for this reason. He told me recently that the cost of processing the cash is as much as the cards so he doesn't mind either way.

Velveteenfruitbowl · 16/10/2019 13:34

Very rarely. It gets in the way and grosses me out a bit.

ColdRainAgain · 16/10/2019 13:46

Cash uses:
Loaf of bread a couple of times a week
Football every week
Pocket money
Tooth fairy
School - cake sale, none uniform etc etc etc
Taxis
Car parking
Give to DS so he can go to the supermarket on his own

When living outside the UK, we had 3 days of no card sales, and the ATMs not working. Those of us that had some cash became very popular!

Aebj · 16/10/2019 13:52

I give my boys cash so they can top up their smart riders ( to use on buses and trains) . The buses don’t take card!!
Sometimes they have a gold coin donation day at school, so often have a stash of coins .

AvocadosBeforeMortgages · 16/10/2019 13:53

I'm mostly cashless for personal use.

However, for my business (lots of small transactions, the vast majority under £10) about 80% of my customers choose to pay by cash.

HoldMyLobster · 16/10/2019 13:58

I try to pay small businesses with cash or cheque, as those are cheap/free to process compared to cards/cashless here in the US.

However if I'm buying something for work - even if it's a coffee - I use my business debit card because it makes Quickbooks reconciliation so much easier.

I accept payment from clients in whatever form they want to pay me, but I do lose about 3% in fees when they pay by Paypal or credit card, and I will put my rates up to compensate if necessary.

AvocadosBeforeMortgages · 16/10/2019 14:00

Also, there's the charges. If the charges wipe out the profit of a small transaction for small trader, I feel guilty about that.

As a small trader, I can promise you that using cards doesn't wipe out my profits. I use iZettle and pay a flat 1.75% on card transactions. There are, in some cases, fees for cash transactions at the bank and there's also the faff of going to and from the bank to pay in notes and get change.

In fact, I can't afford not to have a card machine - 80% of my transactions may be cash, but even a handful of transactions lost due to people not having cards would dwarf the cost of card transaction fees.

theemmadilemma · 16/10/2019 14:06

I rarely use cash. My purse is my phone case. I either pay Apple Pay or with another card in phone case. I do however usually keep a £10 note stashed in there for emergencies.

MrsJBaptiste · 16/10/2019 14:10

I can't believe so many of you don't use cash, I use it all the time! Although when I was out last Saturday and handed over cash for my drinks, the bar staff looked like this was the first time someone hadn't needed the card machine all night!

And to this poster DD has an allowance paid into her bank account but she needs cash as she is under 18 so her bank won't allow her to have a contactless card - which bank are you with?

DS has had a contactless bank card since he was 11 (HSBC)

Dowser · 16/10/2019 14:12

I always use cash and rarely carry less than £100

Dowser · 16/10/2019 14:14

I bring cash on holiday too
I brought about £2000 with me on this holiday

Uselesspiece · 16/10/2019 14:16

This reply has been withdrawn

Message from MNHQ: This post has been withdrawn

0DimSumMum0 · 16/10/2019 14:23

I do like to carry a small amount of cash, yes. However, I tried to go completely card free last month and pay everything with cash and I found it so difficult because on so many instances I still needed to use my cards. So I do think cashless is becoming more popular.

coconuttelegraph · 16/10/2019 15:00

Spending cash would lay me wide open to accusations of benefit fraud. If I buy a loaf costing 89p I pay by card

Why is that? Are people who get tax credits not allowed to use cash? What's the reason for that? Is it new, my ex SIL got tax credits and definitely used cash, she used to pay in coffee shops with cash when we went out together, it never occurred to me that she must have been doing benefit fraud.

GreigLaidlawsbarofsoap · 16/10/2019 15:02

@Thehagonthehill I think it gets much easier once they are in secondary. I'm in rural north Scotland so not a city at all but pay anything extra for DS (teen) school on their online system, same as his lunches. I can pay fees for extra activities, charity days etc online, dead easy. They get a school card they use for food etc so they never use cash, just bleep the card at the canteen/vending machines. So I have a record of what's he is buying too! And there's no "stealing dinner money" issues.

He also has a Go Henry card for his pocket money, which is useful for me to see what/where he makes any purchases too.

OP, I'm almost cashless. Pay everything on card, even small amounts. I do like to pay tips in cash so better chance of the actual waiter getting them than the restaurant owner. Window cleaner is bank transfer. All small businesses here seem to have some kind of card reader. Lots of free parking here but use Ringo app if not, once you are setup it's faster than queuing at a meter, I can punch in details in seconds as I'm walking away.

I do keep an emergency ten/five in my phone holder but it can stay there for weeks if not months.