Cash Makes A Comeback

[naomi24]

According to new research by the Post Office, in an effort to keep tighter control of their spending people are turning back to cash which seems a good idea to me. Plastic is all too easy to spend. What say you?

https://www.bbc.co.uk/news/business-62437819

[bhg481]

burleyshirley - most banks will swap your debit/credit card for one which isn't contactless. I have swapped all mine, except 2, a Tesco credit card and a Metro debit card.

[ToraToraTora]

I use bangers and mash mostly anyway, mainly to avoid a 97 page bank statement. Although I do get an occasional bonus when I'm in my local bar with all the cardy types and the card machine goes down!

[burlyshirley]

I didn't know that bhg. It was just sent to me in the post, I wasn't asked whether I wanted contactless or not. I would have said not ! The only thing now about ringing the bank to get it changed is the long, lengthy wait I will have before I get a human voice !! They get us all ways today ...

[sp1814]

OG

I have an app called Money Dashboard which syncs with my bank account, takes account of my regular outgoings and shows each month. As I spend money, the dashboard is updated so I know exactly where I am. It even tells me whether spending at a rate which';l leave me in the red at the end of the month.

If I were to rely on getting cash out, I wouldn't have any of this info. Electronic payments not only help you see what you've spent but also create budgets for future spending.

[bhg481]

BS - if you do online banking you should be able to send a secure message to your bank asking for a replacement card.

[burlyshirley]

I don't bhg.

[bhg481]

I didn't realise what a generous soul TTT is; he goes to his local pub and hopes the card machine breaks down just so that he can use his cash to buy drinks for everybody.

[sp1814]

bhg

It depends who you bank with. Some offer non-contact cards, so (eg. Barclays) do not.

[bhg481]

sp - that's why I said "most" and pointed out that Tesco and Metro do not.

[ladybirder]

Has anyone else got what I've got, a Barclaycard CASHBACK card?

I put every penny I spend on it, have done so since I got it, clear it every month. They don't profit from me, I profit from them;-))

[tamaris]

Surprised to see our local lidl have installed self serve cash machines as well as the card ones for buying goods.