Do you use - Cash, Card or Both?

SodiumCooled

Plastic or Digital Card

I don’t even carry a wallet a lot of the time anymore as I use the phone to tap almost exclusively. The only exception is the very occasional place that doesn’t take card (of which the main one I frequent started taking card a few weeks ago) and paying tradesmen/cleaner who want cash.

Francis McM

Someone made the point the banks take money out of a local economy by encouraging the use of cards.

If a candlestick maker gets paid €100 and then he spends it in the butcher and then the butcher spends the €100 with the farmer

and the farmer spends it in the pub and the publican spends it in the shop etc, there is still €100 floating around. And it could be spent even during power cuts and when the internet went down or when banks had IT difficulties.

Because the bank takes 1.5% or 2% on commission on transactions, they take that out of the local economy every step of the way.

Allinall

https://www.boards.ie/discussion/comment/121262432#Comment_121262432

That 1.5 or 2% commission then is used to pay bank employees who go on the spend it buying candles etc etc

Francis McM

https://www.boards.ie/discussion/comment/121262453#Comment_121262453

Maybe in head office in Dublin or whatever - local banks around the country do not get that 1.5% or 2%.

Those furthering the divide between head office banks and the rest of the country.

sundodger5

Both

Both, but was using cash way more before Covid

Baba Yaga

cash...?still using cattle,sheep and pigs

SodiumCooled

Plastic or Digital Card

https://www.boards.ie/discussion/comment/121262432#Comment_121262432

What about cash lodgement/withdrawal fees and other costs associated with handling cash?

JeffreyEpspeen

What's worse, in my neck of the woods, employees in BoI and Permanent TSB have got done for literally robbing money.

Of course the dickhead who did it in BoI has GAA connections.

growleaves

Both

https://www.boards.ie/discussion/comment/121263321#Comment_121263321

AIB, BOI and PTSB employees can see what's on your account statements and Ireland is a small country.

But hey only criminals need or want financial privacy amiright? /s

YellowLead

Pay with phone. Don’t usually bother bringing card with me, and definitely not cash.

RoboRat

Plastic or Digital Card

I don't carry cash anymore - I don't need to, so I don't bother.

The Continental Op

Cash

https://www.boards.ie/discussion/comment/121263058#Comment_121263058

What associated handling charge is there for not paying cash into the bank and using it to pay for things? Maybe one charge to draw it out but then thats it you know you aren't going to be hit with anymore charges.

SodiumCooled

Plastic or Digital Card

https://www.boards.ie/discussion/comment/121263448#Comment_121263448

It's not really feasible for a business to use cash they receive to pay for things in any significant way aside from maybe a tradesman or similar. A pub can't pay diageo cash, a shop can't pay a wholesaler in cash, wages can't really be cash any more bar maybe a part-timer. The majory of cash a business takes in will be lodged even from a security aspect.

hynesie08

https://www.boards.ie/discussion/comment/121262432#Comment_121262432

It's 2023, Businesses aren't taking money out of the tills to pay for their shopping, the candlestick maker is lodging that money into his business account and being charged for it.

Lavinia

Just got an annual report on the banks fees

over 100 euro it is

it is ridiculous

will start to use more cash again

Sheep Shagger

Plastic or Digital Card

https://www.boards.ie/discussion/comment/121261476#Comment_121261476

Jesus....

Facthunt

Banks trying to close branches is a fear! Again another way of killing of community spirit.

Personally I’ve tried to use cash more where possible. Not all shops accept cash …. especially abroad! Amsterdam has some cashless shops!

lisasimpson

Both

Use a mixture of both. Certain things like big food shop, fuel I'll always use card. Don't like the idea of cashless. About 5 years ago I was at a wedding when the visa network went down. Was funny at the bar the amount of people that had ordered and couldn't pay. Running back to tables to ask had anyone cash on them. Similarly I popped into the local aldi on the way home from work one evening and card machines went down. I'd say only 2 of us continued our shop everyone else abandoned their trollies

Facthunt

Interesting stats so far …

around 10% use cash only, 54% card and 36% both ….

murpho999

Plastic or Digital Card

https://www.boards.ie/discussion/comment/121260056#Comment_121260056

No, health insurers will not load your premium as health insurers have no access to your personal finances /bank statements,

This is all protected under GDPR rules and anything you say against that is just scaremongering.

Your point about gambling is where banks are reviewing your finances when applying for a mortgage/loan, as they are entitled to do, unlike health insurers, and strangely enough banks are not comfortable lending to people with gambling problems.

Wanderer78

Both

https://www.boards.ie/discussion/comment/121277929#Comment_121277929

...i beg to differ on that, many a dodgy deal has been done with banks!

murpho999

Plastic or Digital Card

https://www.boards.ie/discussion/comment/121278062#Comment_121278062

You're just spouting nonsense now without any facts to back it up.

Health companies cannot access your bank records as simple as that.

Irish banks are now also tightly regulated and there's not a hope any deal like you claim would be done.

NewbridgeIR

Both

https://www.boards.ie/discussion/comment/121278062#Comment_121278062

What do you mean?

Facthunt

A lot of atm’s have started charging to take cash out!

Strumms

Both

I miss the days where the old saying often prevailed…. “ customer is king “

businesses, if they wanted your custom, your money, they’d do everything to make it as pleasant, convenient, good value and user friendly for the customer.

now us customers are being expected to make everything as convenient and user friendly as possible for businesses. 🤬 what do we get in return ? Nothing is cheaper, VERY much the opposite and customer service in many places now is about as fashionable as smoking a fag in an oil refinery..

in a way covid had a role to play there…. Buzz phrases like ‘essential services’ and the hero worship that the media and politicians were affording businesses…. Almost marketed them as on a par with healthcare workers, also beyond criticism and untouchable ….

many places since, still… “you will pay only with card / you will pay only at self service machines / you will only update your membership online…”. The ease and flexibility of getting stuff done as a consumer is less it’s decreasing.… card gets nicked, damaged, declined ? What then ?

Hippodrome Song Owl

Plastic or Digital Card

https://www.boards.ie/discussion/comment/121260176#Comment_121260176

Well, for the fourth time in a row this weekend, my hairdresser was unable to accept card payments due to this long-standing technical issue. It's really starting to lack plausibility. The hassle of it is just irritating. At the same time, they must surely lose business if girls had booked appointments intending to put it on the credit card until pay day. So difficult to believe they would be doing this deliberately as some sort of tax swindle.

My hospital consultant, who only takes cash, is still the most annoying, though!

pgj2015

Cash

Do people not realize they can get better deals paying with cash? also by just using phone and card you are playing right into the banks hands, you will regret it when things go 100% cashless.

Victor

https://www.boards.ie/discussion/comment/121389753#Comment_121389753

That depends. Paying with a credit card or asking a shop for finance is expensive. Paying with a debit card shouldn't be more expensive than bank notes - tax fraud aside.

pgj2015

Cash

https://www.boards.ie/discussion/comment/121389798#Comment_121389798

Lots of businesses will give you a far better deal for cash and they will pick the cash customer over the card payer, as in they will come fix your oil cooker or heating system before someone wanting to pay them by card.

tikka16751

Johnny cash all the way. Lads will pay for tapping yet.