Been to several sporting events and venues that will not accept cash, everything must be put on a card. Cash has a tendency to disappear, they don't have that issue with cards. My wife and I typically paid for everything with cash. Our Sam's club card pay's you cash back on purchases so I have been using that more and more and holding onto my cash.
American Currency- Not Good in America
- Thread starter max
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I always carry cash. Not as much as I used to but always around $100 (mostly 10's 5's and singles). I still use only cash at gun shows, even 01 FFL's appreciate it and no "3% convenience fee."
Even though I am always armed (retired) I would gladly give up my wad to save a $.75 cartridge. Mook will probably die from fentanyl laced drugs. Joe
Even though I am always armed (retired) I would gladly give up my wad to save a $.75 cartridge. Mook will probably die from fentanyl laced drugs. Joe
About 10 years ago the place I was working at had a Pepsi machine. We used the profits from it for pizza, birthday cakes, cookouts etc. We would buy 2 or 3 big orders from the Pepsi distributor each year and do fill in from Sams Club.
I would order and pay the Pepsi guy cash. One day a new guy came. I had cash ready. He said no, can't take it. Check or credit card only.
Nope. I couldn't use a company credit card, since this machine was our little slush fund that the home office knew nothing about. Ditto a check. It would have to been issued by the home office.
Apparently some of the drivers had forgotten how to count and also got sticky fingers.
I don't know what they decided to do. The company I worked for got bought out, and I left.
So as I said. I get it. But I don't like it.
I would order and pay the Pepsi guy cash. One day a new guy came. I had cash ready. He said no, can't take it. Check or credit card only.
Nope. I couldn't use a company credit card, since this machine was our little slush fund that the home office knew nothing about. Ditto a check. It would have to been issued by the home office.
Apparently some of the drivers had forgotten how to count and also got sticky fingers.
I don't know what they decided to do. The company I worked for got bought out, and I left.
So as I said. I get it. But I don't like it.
I sort of work both ends. At restaurants (except fast food), I usually pay the bill by credit card, but leave the tip in cash. I used to tend bar, so I try to make sure the servers and bartenders get the full benefit of the tips without any friction from credit card fees.
I don't mind using a credit card for a hotel but last time I stayed at a Hilton in North Carolina a 4% surcharge for a credit card was added. Didn't notice it until I looked at my emailed receipt back home. That was at the SWCA symposium.
I would have paid cash if I knew.
I would have paid cash if I knew.
I have several credit cards. I pay for almost everything with them. I pay no annual fees on any of them. I pay them off every month, so no interest. For using their money instead of mine, they pay me cash back or give me points for traveling. Why would I use cash?
Numerous local businesses here today would have had to close there doors if they didn't accept cash. Some sort of internet/card processing issue.
I use a CC most of the time but if the business adds a % for using a card, I pay cash. I always carry a certain amount of cash.
I use a CC most of the time but if the business adds a % for using a card, I pay cash. I always carry a certain amount of cash.
LoboGunLeather
US Veteran
I use one credit card for nearly everything. Groceries, gasoline, restaurants, travel, whatever. The bill comes once per month and I write one check, instead of a dozen checks here and there. The card issuing company gives me 2% cash back on everything which I redeem once per year and have it credited to my account balance.
Works for me.
Works for me.
twodog max
Member
Carrying large amounts of cash on road trips always runs the risk of encountering one of the civil asset forfeiture pirates. They are out there and hiding in plain sight.
I always carry some cash in my wallet for tips at restaurants, etc., but paying with a credit or debit card is quick and very convenient.
For merchants, it eliminates employee theft, prevents shortages due to arithmetic errors, and deters robberies.
For merchants, it eliminates employee theft, prevents shortages due to arithmetic errors, and deters robberies.
While the bills may say "good for all debts public and private" there is no law that says any business has to accept them. Because before there is a bill there has to be some kind of agreement to establish the debt. Maybe a few states have recently passed laws. but those are going to be hard to enforce and prosecute. I doubt it is a felony, the courts in many places are already overwhelmed, the merchants have more legal and financial resources than the vast majority of those who only have cash etc etc. If I had a store and someone turned one of my clerks in the legal answer after stalling as long as possible would be they believed it was counterfeit.
The U.S. Treasury answers this question of legal tender acceptability on their website thusly:
A: The pertinent portion of law that applies is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled "Legal tender," which states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues."
This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.
So, if a business states up front "no cash" you can not engage them in any transaction and then try to settle it using cash.
I am a cash guy and usually carry several hundred and sometimes considerably more if I am looking to make a deal on something.
Twodog Max is 100% correct about some "civil servants" who will impound your cash claiming it is drug money and making you prove otherwise. That is total ****, if I want to go around with a suitcase full of bills that's my business and according to the 5th amendment I can not be deprived of it without due process. I understand the why behind it but it is still sometimes used as nothing but "legal" robbery.
The U.S. Treasury answers this question of legal tender acceptability on their website thusly:
A: The pertinent portion of law that applies is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled "Legal tender," which states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues."
This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.
So, if a business states up front "no cash" you can not engage them in any transaction and then try to settle it using cash.
I am a cash guy and usually carry several hundred and sometimes considerably more if I am looking to make a deal on something.
Twodog Max is 100% correct about some "civil servants" who will impound your cash claiming it is drug money and making you prove otherwise. That is total ****, if I want to go around with a suitcase full of bills that's my business and according to the 5th amendment I can not be deprived of it without due process. I understand the why behind it but it is still sometimes used as nothing but "legal" robbery.
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I can ((and do) track my wife's visits around town by paying attention to her debit & credit card purchases online from any country in which I'm working. It has saved us money on double charges and potential fraud a few times. Plus I know she's alive from 8,000 miles away!
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Guess one has to be Very careful when traveling to buy S&Ws? Usually carry quite a bit of green backs.
My wife has her own cards and accounts and I have mine. I don't track her and she don't track me. If I want to know she alive, a text or call works. I sometimes go away for months at a time. If she found out I was tracking her spending or movements the fan would get a pant load. I feel the same way.
On the cash confiscation deal. I have never had to deal with it, but have read about a few horror stories. Ya, ya, it might not happen often, but once is more than it should ever happen. If some agency takes your cash then you prove it was legally yours, they should be charged with attempted robbery or fraud. But, nothing ever happens. Plus, it isn't just cash it can be your property and in the case of "civil forfeitures" the burden of proof is on the owner, not the government. BULL PUCKY
My "drug money" experience come when I tried to give my daughter and her husband some money for a down payment on a house. I had to satisfy the loan company that I had came by the money legally. Pages of paper, signatures tax returns, etc. It wasn't even actual cash, it was cashiers check from money in my private bank account. What a pant load.
On the cash confiscation deal. I have never had to deal with it, but have read about a few horror stories. Ya, ya, it might not happen often, but once is more than it should ever happen. If some agency takes your cash then you prove it was legally yours, they should be charged with attempted robbery or fraud. But, nothing ever happens. Plus, it isn't just cash it can be your property and in the case of "civil forfeitures" the burden of proof is on the owner, not the government. BULL PUCKY
My "drug money" experience come when I tried to give my daughter and her husband some money for a down payment on a house. I had to satisfy the loan company that I had came by the money legally. Pages of paper, signatures tax returns, etc. It wasn't even actual cash, it was cashiers check from money in my private bank account. What a pant load.
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But I'm always willing to take that chance. The only time I panicked was at a gun club in Texas and left the trunk lid up by accident. I had several thousand in an eye glass case in the trunk and when I went back to the car and saw the lid up I about had a heart attack. Thanks to honest Texans the money was still there. Larry
Ivan the Butcher
Member
Many businesses have problems with sticky fingered employees!
But back on my Honeymoon in 1978, the hotels Demanded a card to be sure they got paid for damages. That was all well and good until I when in to pay cash, and they had put a hold on my card for $300! I only had a $500 limit. They said "somebody" Jumped the gun. I threw down the brown Flag (The one for BS on the field of play!) A room was $39 Including all the taxes!
After I got out of the office, I called Master Card. They said they would make sure I could keep getting Hotel rooms for the rest of my trip. But it was common practice, even way back then!
Ivan
But back on my Honeymoon in 1978, the hotels Demanded a card to be sure they got paid for damages. That was all well and good until I when in to pay cash, and they had put a hold on my card for $300! I only had a $500 limit. They said "somebody" Jumped the gun. I threw down the brown Flag (The one for BS on the field of play!) A room was $39 Including all the taxes!
After I got out of the office, I called Master Card. They said they would make sure I could keep getting Hotel rooms for the rest of my trip. But it was common practice, even way back then!
Ivan
I pay for nearly everything with a credit card. I pay it off monthly and get a 2% kickback on everything. One of my cards has a rotating 5% kickback, but I have to be smart enough to remember which category applies and when. The other reason for card use is I log all my transactions in Quicken. The card forces me to be meticulous in my record keeping. OCD? Perhaps.
What irks me (you knew that was coming, right?) is places that only accept cards and then ding you for a 2% or 3% card fee. I know why they pass on the transaction fee, but only accepting cards is for their convenience. I want the option to pay with cash, which I do when there's a card transaction fee.
What irks me (you knew that was coming, right?) is places that only accept cards and then ding you for a 2% or 3% card fee. I know why they pass on the transaction fee, but only accepting cards is for their convenience. I want the option to pay with cash, which I do when there's a card transaction fee.
I use a credit card for about 80 to 90% of my purchases. I do like getting 2 to 3% cash back on purchases.
I pay my credit cards off electronically before the end of the month to avoid the crazy interest charges.
An issue I ran into paying my credit cards by check was slow bank processing, never late until I ran into a issue with Home Deport. They hit me with a large service charge one month claiming my payment was 3 weeks late. I paid the bill by check the same day I got it.
After arguing with Home Depot over the service charge, they finally removed it. They kept claiming they aren't responsible for slow mail. I kept saying I've seen slow bank processing on my other credit cards paid by check. Never late, but showing a payment date several weeks after I pay by check.
I don't like paying my credit card bills electronically, but I do it now so I don't run into a late payment charge by check again.
I pay my credit cards off electronically before the end of the month to avoid the crazy interest charges.
An issue I ran into paying my credit cards by check was slow bank processing, never late until I ran into a issue with Home Deport. They hit me with a large service charge one month claiming my payment was 3 weeks late. I paid the bill by check the same day I got it.
After arguing with Home Depot over the service charge, they finally removed it. They kept claiming they aren't responsible for slow mail. I kept saying I've seen slow bank processing on my other credit cards paid by check. Never late, but showing a payment date several weeks after I pay by check.
I don't like paying my credit card bills electronically, but I do it now so I don't run into a late payment charge by check again.
Many fail to realize business have always added a % for their credit card fees. It's incorporated into the cost of the items/services purchased.
I don't know about you but most days I'm dressed in "homeless chic." 2XL shirt to cover the artillery. I am hoping somebody offers to buy me a sammich, even though I have $2K in my pocket. Joe
