Cash or Card

later12 · 12-04-2012 01:08PM

I prefer paying with card. None of that fiddling about with change (it's not real money, you know).

If I withdraw £20 for groceries and spend £10.01, I know I'm just going to flit away £9.99 on rubbish I don't need. You won't realistically lodge such a small amount of money back into you current a/c, but a lot of transactions like this could result in a significant amount of waste over time.

Unless you can withdraw the amount you need exactly, paying with card has an advantage in that you only remove an amount of money from your accounts as is actually required for purchases you directly choose or plan.

HemlockOption · 12-04-2012 01:10PM

Cards facilitate the banks in seeing exactly what you're spending your money on. Recently, a family (probably loads) who were struggling to pay their mortgage were told to shop in the German discount stores instead of Tesco......:eek:

Mena · 12-04-2012 01:16PM

later12 wrote: »

If I withdraw £20 for groceries and spend £10.01, I know I'm just going to flit away £9.99 on rubbish I don't need.

This for me as well. I never use cash if I can help it, damn ATM's only hand out 50's so purchasing even the smallest thing ends up costing that much.

Mr Benevolent · 12-04-2012 01:17PM

HemlockOption wrote: »

Recently, a family (probably loads) who were struggling to pay their mortgage were told to shop in the German discount stores instead of Tesco......:eek:

And that's a fair point.

saa · 12-04-2012 01:40PM

krudler wrote: »

thats the downside alright. although that being said I've never lost a phone, not one and I got my first phone in 1998. one of my exes used to lose a phone every other month without fail, that was her own carelessness though. guess its different for guys we have pockets not handbags on nights out so you always have the essential phone, keys,wallet bulges :pac:

I've never lost it for good my card is safer in the one place in my bag I'm always taking my phone out and leaving it down in different places, I've had four phones since 2000, they all stopped turning on except for one that was pickpocketed, surprised they didn't go for my wallet, at least with money once its stolen thats it I do have a constant fear that someone will steal my card and empty my bank account

suitseir · 12-04-2012 01:52PM

hightower1 wrote: »

Why should my life be slowed by some twit unprepared for what he or she knew was coming? I typically go to the supermarket after a long days work to pick up bits and pieces ... standing in a queue in a supermarket at that time of day is probably the last place on earth I want to be and I def dont want that time extended by some dope staring witlessly around fumbling with cards reciting ferris beuler lines. If you want to stand around ejoying the ambiance of supermarket music and the beeping of tills then go right on ahead, just dont hold others up while you soak it all in yeah.

If you are SO clever, why not weigh up the queue at the tills BEFORE you take your FEW messages and then decide where you can make a QUICK exit. FYI there are EXPRESS tills, with 10 items or less or better still, why not order your messages ONLINE and you don't have to be "on the last place on earth"! There sorted!:P

HemlockOption · 12-04-2012 01:53PM

Confab wrote: »

And that's a fair point.

Do you mean it's fair enough for a bank to do that? Regardless of whether it is or not, I don't want the bank telling me where to buy my food :mad:

suitseir · 12-04-2012 01:54PM

Mena wrote: »

This for me as well. I never use cash if I can help it, damn ATM's only hand out 50's so purchasing even the smallest thing ends up costing that much.

Euro?

Bopidyboo · 12-04-2012 01:57PM

Mostly use my card. I think i am more disiplined about spending that way. if i have cash i spend it much quicker.

Often have to get my card replaced as it splits/cracks a good bit, dunno why though cause its always kept in my wallet.

StudentDad · 12-04-2012 02:00PM

Bopidyboo wrote: »

Mostly use my card. I think i am more disiplined about spending that way. if i have cash i spend it much quicker.

Often have to get my card replaced as it splits/cracks a good bit, dunno why though cause its always kept in my wallet.

Card for me =D I don't like carrying cash around.

SD

seamus · 12-04-2012 02:01PM

HemlockOption wrote: »

Do you mean it's fair enough for a bank to do that? Regardless of whether it is or not, I don't want the bank telling me where to buy my food :mad:

Then don't ask the bank what you should spend your money on.

From what I understand, the "case" you're talking about is that the person called the bank to discuss ways of working out their money problems, and because their mortgage and current account were in the same bank, the advisor reviewed their bank statements and quite rightly gave them some tips on saving money, including not shopping in more expensive shops. Not quite so shocking a story really, is it?

The banks don't care where you spend your money so long as you either spend more than you have and get into debt, or spend very little and earn them tonnes of interest. Someone who spends what they earn without going into debt is the bank's least favourite customer.

Joekers · 12-04-2012 02:04PM

Most annoying thing ever is when some gob****e wants to pay for a can of coke with a card ! You sir can fook off

IM0 · 12-04-2012 02:05PM

biko wrote: »

99% of the time cash, card only for bigger purchases.

Ill go one further. I only use my card for shopping online and a hotel when needed. I cant remember the pin and made a point not to remember it again

IM0 · 12-04-2012 02:08PM

Biggins wrote: »

Sweden looks like being the first to go with euthenasia

fyp. thats the only way that will work

HemlockOption · 12-04-2012 02:16PM

seamus wrote: »

Then don't ask the bank what you should spend your money on.

From what I understand, the "case" you're talking about is that the person called the bank to discuss ways of working out their money problems, and because their mortgage and current account were in the same bank, the advisor reviewed their bank statements and quite rightly gave them some tips on saving money, including not shopping in more expensive shops. Not quite so shocking a story really, is it?

The banks don't care where you spend your money so long as you either spend more than you have and get into debt, or spend very little and earn them tonnes of interest. Someone who spends what they earn without going into debt is the bank's least favourite customer.

Were you shocked by the story? I wasn't. Just thought it was interesting.

I think my original point still stands: Cards facilitate banks in knowing how you spend your money. They can tell if you're paying off other bills - like electricity to keep the lights on - instead of paying more to them. Why give them the information?

Mr. Manager · 12-04-2012 02:21PM

Malta seems to have gone a bit back in time. Some places don't even have the facility to let you pay with cards

HemlockOption · 12-04-2012 03:27PM

seamus wrote: »

Then don't ask the bank what you should spend your money on.

From what I understand, the "case" you're talking about is that the person called the bank to discuss ways of working out their money problems, and because their mortgage and current account were in the same bank, the advisor reviewed their bank statements and quite rightly gave them some tips on saving money, including not shopping in more expensive shops. Not quite so shocking a story really, is it?

The banks don't care where you spend your money so long as you either spend more than you have and get into debt, or spend very little and earn them tonnes of interest. Someone who spends what they earn without going into debt is the bank's least favourite customer.

Here's the type of situation I am referring to:
http://www.independent.ie/national-news/banks-tell-thousands-in-trouble-cut-health-cover-3023872.html

Would anyone really ring an Irish bank for advice? MABS www.mabs.ie is the way to go.

shangri la · 12-04-2012 04:00PM

If someone steals your credit card and spends a load you don't have to pay.

if someone steals your laser they can empty your bank account and you can't do anything about it. Right?

pickarooney · 12-04-2012 04:13PM

krudler wrote: »

it is coming though, I work for a phone company and they'll be pushing it in the next 12 months, theres serious money being invested in it.

It's been in use in places like Zambia for years. I'm not sure why it's such a big deal to introduce it in richer countries.

JohnMarston · 12-04-2012 04:15PM

Cereal Rapist wrote: »

Malta seems to have gone a bit back in time. Some places don't even have the facility to let you pay with cards

That's.....tragic

12-04-2012 04:16PM

Joekers wrote: »

Most annoying thing ever is when some gob****e wants to pay for a can of coke with a card ! You sir can fook off

this is the sort of attitude that pisses me off, people who put a face on when a card is produced, does it make a difference to you? is the same amount of money not going into your establishment?

It should be like the US, card for everything granted their systems are slightly faster over there but its so easy card for taxis, vending machines, setting up tabs in bars sooo much easier.

And i used to work in dunnes when i was in college so i have been on the other side of it and i never had an problem with people using cards, its what they are fúcking for!

pickarooney · 12-04-2012 04:19PM

suitseir wrote: »

If you are SO clever, why not weigh up the queue at the tills BEFORE you take your FEW messages and then decide where you can make a QUICK exit. FYI there are EXPRESS tills, with 10 items or less or better still, why not order your messages ONLINE and you don't have to be "on the last place on earth"! There sorted!:P

Does anyone else do checkout profiling, i.e. picking the queue with the people most likely to be able to pay for their stuff quickly, not wander off to pick up one last thing etc?

Ledger · 12-04-2012 04:21PM

Cash most of the time. I'm a student, so don't have much money going into the bank.

I use the laser now and again, if the money is there.

MyKeyG · 12-04-2012 04:24PM

Cereal Rapist wrote: »

People who say paying by card is slower than cash, try getting stuck behind some auld one paying for her food with a couch worth of coins.

That has more to do with the person making the cash payment rather than the point that they're paying in cash. Card transactions take time every time.

suitseir · 12-04-2012 04:28PM

shangri la wrote: »

If someone steals your credit card and spends a load you don't have to pay.

if someone steals your laser they can empty your bank account and you can't do anything about it. Right?

Check the facts on the second point!!!!

lucylu · 12-04-2012 04:29PM

The only cash I take out is when I am going to the pub as my local doesn't accept laser. Everything else is purchased on the plastic. if I cant find the laser card in my big mala bag I will stick it on Visa.Online purchases go on the Credit card too.If I can't afford to pay purchases off on my credit card with in the month I wont purchase.

MyKeyG · 12-04-2012 04:30PM

suitseir wrote: »

Check the facts on the second point!!!!

Could you not just furnish us with the info if you know so much and keep the thread plodding nicely along?

suitseir · 12-04-2012 04:33PM

pickarooney wrote: »

Does anyone else do checkout profiling, i.e. picking the queue with the people most likely to be able to pay for their stuff quickly, not wander off to pick up one last thing etc?

Is that why you are called picarooney?......."picking the queue"........"pick up one last thing"......just wondering? only joking btw!!!!

To answer your question, I have noticed people at checkouts avoiding them if shoppers have full trolleys or kids or even AULD WANS!:rolleyes:

suitseir · 12-04-2012 04:37PM

MyKeyG wrote: »

Could you not just furnish us with the info if you know so much and keep the thread plodding nicely along?

OK...just from experience!!!! A PERSONAL story here..............

My son had two amounts totaling over €3k "taken" or "stolen" by a person or persons unknown using his laser card details and it was refunded by the Bank. AFAIK provided you do not disclose your PIN number, which of course, he DID NOT as it was done online. He had his suspicions that the details were used as a result of he using his card at a petrol station, a week before the incident.

shangri la · 12-04-2012 05:22PM

suitseir wrote: »

Check the facts on the second point!!!!

"Right?"

Cash or Card

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