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Author Topic: Why would anyone pay CASH for anything?????????????? Back to Topics
wamps

Champion Author
Michigan

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Message Posted: Jan 22, 2007 11:02:50 AM

Get with the program and start saving with rebate's on a credit card.
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gas_phil
Champion Author Sacramento

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Message Posted: Apr 22, 2015 7:24:48 PM

I just paid the entire bill/statement for this month... of course i'm still mad lol.
Smallest charge/item this month = $1.77 at Home Depot ha ha.
Biggest charge = arrrgh!!!
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GasMiser718
Champion Author Detroit

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Message Posted: Apr 22, 2015 11:09:10 AM

Yes, I know I use very little cash. Put almost everything on the CC.
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wamster
Champion Author Houston

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Message Posted: Apr 21, 2015 8:58:12 PM

Depending on the company or firm, you can always pay 3% above the cost to cover the fee.
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GasMiser718
Champion Author Detroit

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Message Posted: Apr 21, 2015 10:55:57 AM

Good question.
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Sneakers55
Champion Author Houston

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Message Posted: Apr 20, 2015 11:05:25 PM

On Apr 20, 2015 9:30:48 PM, BayleeBuggy wrote:

>Sneakers, that sounds like the infamous Publishers' Clearing House!

Two of the three words are the same. The ACH (sometimes called "electronic check" or "e-check") seems to be a major method of payment in the US. Over $32 trillion in payments in 2013.

>I'm not claiming that I write very many cheques, but that also means
>that I don't need new books of them very often.

My Mom is not in the electronic age very much. The highest technology she has is a cell phone. She only went with a cell phone when the wireline failed and the phone company quoted a ridiculous amount to fix it. She also has a TV set and a microwave oven. But if you want to get on the Internet, you bring your own cellular data access.

Wonder how often Mom has to get checks? I was home one time and she had run out.

[Edited by: Sneakers55 at 4/20/2015 11:06:35 PM EST]
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BayleeBuggy
Champion Author Toronto

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Message Posted: Apr 20, 2015 10:30:48 PM

Sneakers, that sounds like the infamous Publishers' Clearing House!

I'm not claiming that I write very many cheques, but that also means that I don't need new books of them very often.
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GasMiser718
Champion Author Detroit

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Message Posted: Apr 20, 2015 11:51:25 AM

Good question, although a lot of people feel the same way about Credit Cards...
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Sneakers55
Champion Author Houston

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Message Posted: Apr 20, 2015 2:17:26 AM

On Apr 13, 2015 11:09:38 AM, BayleeBuggy wrote:

>So I would never use a card under those conditions - and there is an
>easy alternative; paying by cheque.

In the United States, the easy alternative is paying by Automated Clearing House (ACH) transfer. No buying checks required. No having to put a stamp on an envelope to mail the payment in.

>Risk to buyer = 0, extra cost to charity = 0

Cost to buyer = near zero
Extra cost = must not be much at all, paper checks get digitized and converted to ACH transfers because it's cheaper
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BayleeBuggy
Champion Author Toronto

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Message Posted: Apr 13, 2015 12:09:38 PM

Yes, interesting comment from eccerr0r - to add to that, I have worked for tiny charitable organizations that accepted CCs for their membership payments, etc. They have to pay per month to maintain the CC account, as well as a %age of each transaction. Pretty expensive for a small charity! So I would never use a card under those conditions - and there is an easy alternative; paying by cheque. Risk to buyer = 0, extra cost to charity = 0. Win win.
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eccerr0r
Champion Author Fort Collins

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Message Posted: Apr 13, 2015 10:07:41 AM

What I dislike about credit cards is that it funnels off a potion of the transaction to a third party, it's like a "tax" that another entity makes. I'd rather that "tax" be paid to the person providing the service if anyone at all, and the nice thing about cash is that it enables that, at least that third party is gone and there's no need to pay that person anything, and by itself it should reduce transaction costs.

Case in point: Going to Safeway I get a ten cent discount per gallon if I pay cash, which is about 4.5 cents per dollar at today's price. Or if I paid with a CC I get rebate. The "rebate" I get a penny or so back per dollar... Now, which makes more sense? The amount of money that CC networks are taxing the system is ridiculous.

I wish there was an open standard for money transaction. Something like bitcoin looked promising but that already is farmed too much.

Don't know, ultimately for me I'm looking out for myself and of course if there's no price break for cash then why not use the credit card. But ultimately I'd rather not have a third party know about all transactions if possible, there's no need to know I paid for gas, except if you want to take advantage of that fact, for advertising or whatnot. Just like this stupid VUSE advertisement I'm getting, sometimes I'm glad they are wasting money and paying Gasbuddy showing me some useless advertisement that would never gain them a penny of revenue.

Also when gas prices go back up, I'll switch back to using the CC once I get more cash back than the cash discount covers... but that won't happen until the price hits around or more than the $5/gallon mark.

I got out of the wrong side of the bed this morning... figuratively...
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wamster
Champion Author Houston

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Message Posted: Apr 13, 2015 9:35:09 AM

I watch before I put my card in any device. I have an Exxon fuel wand so I never use a credit card directly at the pump. My payment card is linked online to the wand.

As I mentioned before I have alerts set up on my cards. I do lots of online shopping where a card isn't actually presented, so this helps protect me.

I used a brand new Chase card about three years ago at a restaurant, and within a week I received a call from Chase. Someone had tried to use the card/number to purchase a $700+ tv at Walmart. They confirmed my other purchases, but I knew nothing about a tv at Walmart. They said that item looked suspicious and they had denied that charge. That's actually when I found out about setting up alerts on my cards.

Even if one of my cards was compromised, I have others as back up. My new elite card has the chip and pin. I think by October of this year many large stores will be getting new card payment readers as the credit card companies said they'd no longer guarantee payment if fraud occurs on the merchant side; if I've understood that correctly.

Even if you don't purchase a metallic RFID protected wallet; you can purchase metal sleeves for cards or even wrap your wallet in tin foil.

My cards had been compromised twice inside the airport terminal. Started wrapping my wallet in foil before going and that solved the problem.

BurkeKnight - you or someone you know must have really gotten burned to be so adamant.

[Edited by: wamster at 4/13/2015 9:36:02 AM EST]
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BayleeBuggy
Champion Author Toronto

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Message Posted: Apr 11, 2015 10:27:39 PM

I have found advantages in paying cash, getting a better price. I naturally assume that the person collecting the cash does right by Revenue Canada.
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ncclyde
Champion Author Charlotte

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Message Posted: Apr 11, 2015 8:34:50 AM

Sneakers55, like I've said in both of my earlier posts concerning leaving tips in cash, I leave it up to the person receiving the tips how to handle it.

I'm familiar with tax law, so no need to start quoting it.

It's not my responsibility to make sure everyone I give money to abides by the tax 'laws.,' and to be blunt, I hope those I pay with cash don't.

As far as tips, I had a friend who worked as a waiter years ago, and he would often have to pay his employer on payday, because he owed more in taxes than he was paid. He was a very good waiter, and essentially supported his family on his tips. I believe he followed the tax 'law,' but that's between him and the IRS.
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BurkeKnight
Rookie Author Tampa

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Message Posted: Apr 11, 2015 12:20:47 AM

Sneakers55, what part of, not knowing it's missing, then having to fight card companies to prove it was NOT you, do you NOT understand? It does happen, that some credit card companies wont believe the person, until a long fight. Seen it happen.

As for not happening to you, does not mean it does not. ;)

True, cash can be stolen or lost, but with a card, it's more a pain, due to having to cancel the card, wait for new one, and there you are, using cash, until get it.

Personally, I do agree, the US needs to update to the chips. However, like you said, seems Americans do have troubles with PINs...
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ItsMorph
Champion Author Grand Rapids

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Message Posted: Apr 10, 2015 11:50:26 PM

I see what the best deal is with that particular store's credit card, and then haggle for a discounted cash price. Works even at Best Buy, and a check is accepted as cash, so no need to carry cash around.
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Sneakers55
Champion Author Houston

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Message Posted: Apr 10, 2015 11:12:36 PM

On Apr 10, 2015 8:52:23 PM, BurkeKnight wrote:

>Also, like I said, sometimes, a card can get lost or stolen, and
>you not know right away. Like, in a rush at the store, and it slips
>while putting it away, and not notice.

Same thing can happen with cash.
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Sneakers55
Champion Author Houston

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Message Posted: Apr 10, 2015 11:07:03 PM

On Apr 10, 2015 8:52:23 PM, BurkeKnight wrote:

>wamster, how does that prevent card readers attached to
>ATM machines, or store checkout readers?

Never had it happen and I use credit cards heavily and have for decades.

>Any system they have, can be worked around, as many hackers
>have proven.

What part of "Zero Fraud Liability" do you NOT understand?

Hackers around the world go after US credit cards because we're the only nation in the developed world that has not switched to chip cards. Europe and Japan have been on chip cards for about years. Chip cards don't send data in the clear. It is all single-time encrypted. Although they really should have done chip and PIN like they have in Europe, the US is doing chip and signature because Americans can't remember numbers worth a darn. Fat chance of my 92 year old mother remembering a PIN, she calls me twice a day and looks up the phone number each time. But she uses credit cards.


[Edited by: Sneakers55 at 4/10/2015 11:08:59 PM EST]
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Sneakers55
Champion Author Houston

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Message Posted: Apr 10, 2015 10:48:57 PM

On Apr 10, 2015 4:39:46 PM, BurkeKnight wrote:

>1. Do you really think the rebates cover the actual costs to you, and the
>interest you pay?

If you pay interest on a card you pay off in full every month, you must have answered the offer for the Credit One (no, not Capital One!) VISA that turned up in my mailbox for some reason.

>2. Cash is actually more secure, in the way that you can't have cash info
>stolen by card readers attached to devices.

Explain that to the armored car industry. Guards get shot and killed handling cash. Never heard of anyone getting shot for charge slips.

>3. If credit card gets lost or stolen, and you do not realize it right away,
>there's also it being used, and having to fight to make sure YOU don't
>have to pay for it.

If cash gets lost or stolen, it's gone forever.

My experience with the numbers on credit cards being lifted is that the crooks don't spend like I do and the bank calls me to verify the charge. Then, if I don't recognize the charges, the charges disappear and I never see them again (if I ever see it in the first place).

>4. Many places give discounts for cash purchases, due to the costs of
>them having to process a card.

The only places that I know of that give discounts for cash are gas stations. And, it's a gas station, they frequently take their proprietary card (Chevron card at Chevron stations, Texaco card at Texaco stations, etc.) same as cash because Texas prohibits the issuers of proprietary cards from charging a merchant discount.

Texas is strict when it comes to consumer protection measures, unlike Florida where you're guaranteed to be ripped off.

[Edited by: Sneakers55 at 4/10/2015 10:54:08 PM EST]
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BurkeKnight
Rookie Author Tampa

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Message Posted: Apr 10, 2015 9:52:23 PM

wamster, how does that prevent card readers attached to ATM machines, or store checkout readers? Any system they have, can be worked around, as many hackers have proven.

Also, like I said, sometimes, a card can get lost or stolen, and you not know right away. Like, in a rush at the store, and it slips while putting it away, and not notice.

[Edited by: BurkeKnight at 4/10/2015 9:53:21 PM EST]
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wamster
Champion Author Houston

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Message Posted: Apr 10, 2015 7:32:17 PM

I disagree with you BurkeKnight except on number 4.

I don't pay interest, because I pay my cards off every month. I stay within my budget. If I'm financing a large expenditure, then I open a new credit card that offers me 15 months no interest financing; if I don't feel like liquidating some investment funds at the time.

If cash is stolen, it's gone. No recourse. I have credit card alerts set up on my cards where I receive instant emails.

My wallet is RFID protected against card readers.

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BurkeKnight
Rookie Author Tampa

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Message Posted: Apr 10, 2015 5:39:46 PM

1. Do you really think the rebates cover the actual costs to you, and the interest you pay?

2. Cash is actually more secure, in the way that you can't have cash info stolen by card readers attached to devices.

3. If credit card gets lost or stolen, and you do not realize it right away, there's also it being used, and having to fight to make sure YOU don't have to pay for it.

4. Many places give discounts for cash purchases, due to the costs of them having to process a card.

So, in closing, cash all the way!
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Sneakers55
Champion Author Houston

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Message Posted: Apr 10, 2015 4:39:12 PM

On Apr 10, 2015 5:21:41 AM, ncclyde wrote:

>You're incorrect, Sneakers55, which is why I specifically worded my comment
>the way I did. Yes, by the tax code they are "required" to report their tips, but
>I leave it up to the individual to determine that, not their employer, and
>certainly not some government bureaucrat.

I hope you're not putting your shingle out as a tax lawyer. "As an employer, you must ensure that the total tip income reported to you during any pay period is, at a minimum, equal to 8% of your total receipts for that period."

And if you decide to falsify the report to your employer, "If you do not report tips to your employer as required, you may be charged a penalty of 50% of the social security and Medicare taxes (or railroad retirement tax) due on the unreported tips unless there was reasonable cause for not reporting them."

The paperwork is also signed under penalty of perjury, as is the case with all tax forms.

I doubt that the IRS would consider tax evasion to be a reasonable cause.

[Edited by: Sneakers55 at 4/10/2015 4:41:34 PM EST]
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GasMiser718
Champion Author Detroit

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Message Posted: Apr 10, 2015 3:08:38 PM

Good question...
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wamster
Champion Author Houston

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Message Posted: Apr 10, 2015 8:45:31 AM

Used my new card to make a few purchases. It's a thin unimpressive plastic card. Maybe that explains the lower yearly fee compared to the $495+ on some other cards.

I was reading about the card benefits and can save $500 or a minimum of 5% whenever I book a private jet. Ha! Don't think I'll ever utilize that perk, but there are lots of perks and upgrades available on hotels, cruises, airlines, customized travel packages, car rental, etc.

Like I said, I'll keep it for at least a year if not just to see what other companies offer useful credit down the road.
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ncclyde
Champion Author Charlotte

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Message Posted: Apr 10, 2015 6:21:41 AM

"They still have to pay taxes on cash tips. And if they don't report any tips, the Government says they're lying and they have a value assigned."

You're incorrect, Sneakers55, which is why I specifically worded my comment the way I did. Yes, by the tax code they are "required" to report their tips, but I leave it up to the individual to determine that, not their employer, and certainly not some government bureaucrat.

See, that's the beauty of cash, and why the government doesn't like it. If you deal in cash, it's much harder for the government to prove how much they say you owe them.
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BayleeBuggy
Champion Author Toronto

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Message Posted: Apr 9, 2015 11:39:00 PM

There are two different occasional film series that take only cash - and the price is a lot less than regular first-run movies, and the films are a lot more interesting.
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Sneakers55
Champion Author Houston

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Message Posted: Apr 9, 2015 6:37:43 PM

On Apr 8, 2015 6:39:50 PM, I wrote:

>I was looking at the electronic payments that had cleared
>my checking account. Discovered that everything that I
>keyed in Monday had gone through except for Capital One.
>Went in, looked at the payment on the Capital One site.
>It's still in process.

It cleared this morning. Another payment I made to Capital One on another account on the 8th came through the next day. Go figure.

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Sneakers55
Champion Author Houston

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Message Posted: Apr 9, 2015 2:06:44 PM

Went out and bought $93.69 of groceries this morning. Used my American Express Blue Cash Preferred with the 6% rebate at stand-alone supermarkets. Would have paid the same thing with cash or a check. Probably could have bought the groceries cheaper at ALDI but then I don't do ALDI. My housemate AJ does, though.

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Sneakers55
Champion Author Houston

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Message Posted: Apr 9, 2015 2:03:25 PM

On Apr 9, 2015 4:22:23 AM, ncclyde wrote:

>I'll sometimes leave waiters and waitresses cash tips, so they have
>the option of keeping what they've earned for themselves.

They still have to pay taxes on cash tips. And if they don't report any tips, the Government says they're lying and they have a value assigned.
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Sneakers55
Champion Author Houston

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Message Posted: Apr 9, 2015 1:59:16 PM

On Apr 9, 2015 12:13:20 AM, leemun wrote:

>Because cash is untraceable.

It's more traceable than you would expect. Ever heard of marked bills?
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ncclyde
Champion Author Charlotte

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Message Posted: Apr 9, 2015 5:22:23 AM

I'll sometimes leave waiters and waitresses cash tips, so they have the option of keeping what they've earned for themselves.

Also, parking lot attendants at events usually don't take anything besides cash.

[Edited by: ncclyde at 4/9/2015 5:24:43 AM EST]
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leemun
Champion Author Utah

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Message Posted: Apr 9, 2015 1:13:20 AM

Because cash is untraceable.
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Sneakers55
Champion Author Houston

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Message Posted: Apr 8, 2015 7:39:50 PM

I was looking at the electronic payments that had cleared my checking account. Discovered that everything that I keyed in Monday had gone through except for Capital One. Went in, looked at the payment on the Capital One site. It's still in process. Is this how Capital One gets its malodorous reputation?
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gas_phil
Champion Author Sacramento

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Message Posted: Apr 8, 2015 6:31:44 PM

wamster that black/elite card is either a stainless steel or carbon fiber type! They preapproved me (junk mail) a few weeks ago and I skipped it after I saw the fees (usually I want cashback money from them and not the other way around).

---

Anyways one of my city or county utility agency also charges extra for using a card - so I just do the electronic check method for this agency.

Yesterday I was at a small teriyaki lunch place. They put a small sign that said no credit card for under $10. The thing is most people that go there for lunch fall into the under $10 category anyways. I normally give cash for this type of place anyways, but this sign one is too funny... need to send somebody to audit their cash business!!! maybe not... food tastes good/fine.
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Sneakers55
Champion Author Houston

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Message Posted: Apr 7, 2015 9:12:44 PM

On Apr 7, 2015 8:41:59 AM, wamster wrote:

>Smaller stores or businesses will accept credit cards, but you'll have to
>pay the 3% fee that's charged to them.

My experience is that the only place I've seen a convenience charge is with property tax payments.

>Just closed out my Chase Freedom and had the limit transferred to
>my Chase Sapphire Preferred. I don't like the new calendar where
>you don't know what the categories are.

They list the main one, then you find out the other categories when the quarter starts.

>The concierge at Chase said they're doing it that way so Discover
>won't know the categories and mimic them.

Both Chase and Discover are doing restaurants this quarter.


[Edited by: Sneakers55 at 4/7/2015 9:14:05 PM EST]
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wamster
Champion Author Houston

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Message Posted: Apr 7, 2015 2:50:36 PM

Just got approved for a black elite card. I've been slowly inching my way up through premium cards for four years to see if I'd get approved for one. Probably won't be worth the extra fee, but I'll keep it for a year. I'll never have access to the Palladium or Centurion cards, so this feeds my ego a bit. The real reason I wanted an elite card is to see how far it takes me credit wise and what perks will benefit me now in in the future. I'll probably ask for the Barclay Arrival Plus Elite card down the road which currently awards 40,000 points with an $89 fee waived the first year. Have almost 75k available credit now. It's been a long 7 year haul to get here after losing my home in foreclosure in California.
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GasMiser718
Champion Author Detroit

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Message Posted: Apr 7, 2015 11:34:07 AM

Good question...
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wamster
Champion Author Houston

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Message Posted: Apr 7, 2015 10:02:48 AM

Another bonus with reward points. Chase and Amex points can be used on Amazon.com to pay for all or part of items if you wish. I purchased over $300 worth of Christmas gifts for many of the grandkids utilizing this strategy.

I also belong to some survey sites. I earn points for taking surveys and trade those in for gift cards. You can also buy gift cards through the same sites using your credit card when they have bonus earning points if you wish.
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wamster
Champion Author Houston

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Message Posted: Apr 7, 2015 9:41:59 AM

If you use a third party vendor like Charge Smart, Evolve, or Mike's Wallet, then you'll pay an approximate fee of $30 for using your credit card to pay the mortgage.

I've been reading where people have purchased Vanilla reload cards, pay a $4.95 activation fee and then pay the mortgage. I think this is becoming harder to do and find.

Smaller stores or businesses will accept credit cards, but you'll have to pay the 3% fee that's charged to them. With the reward points I earned, I told the vendors go for it. Just had a bunch of concrete poured and had a couple huge trees removed doing this.

Just closed out my Chase Freedom and had the limit transferred to my Chase Sapphire Preferred. I don't like the new calendar where you don't know what the categories are. The concierge at Chase said they're doing it that way so Discover won't know the categories and mimic them.

I liked it when I would shop at Lowe's and get 5% back with Freedom. Now before shopping I check the credit card website. Often if you shop through them, you'll get a percentage back on your credit card. That goes for booking travel too. You can also shop through Ebates and earn reward dollars.
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Sneakers55
Champion Author Houston

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Message Posted: Apr 6, 2015 7:40:52 PM

On Apr 5, 2015 6:24:07 PM, wamster wrote:

>Trying to figure out how to purchase reloadable cards with my
>credit card, to earn reward points, to pay my mortgage payments.

I suspect the convenience fee on a mortgage payment by credit card would dwarf the value of reward points.

I bought a house in November 2014. The only ways I could pay for it was cashier's check and wire transfer, normally methods that cost money. They couldn't do an ACH transfer, I though everyone who does a lot of accepting payments was set up to accept ACH transfers. They called over the top supervisor at the branch to vet the amount, and she waived the $8 fee for the cashier's check.

That was the second largest check I ever handled. The largest was the check they sent me when I rolled over my 401(k) in late 2009. The house check went straight to the title company and the rollover check went straight to my stockbroker.


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Sneakers55
Champion Author Houston

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Message Posted: Apr 6, 2015 7:14:06 PM

On Apr 6, 2015 6:06:20 PM, klutz347 wrote:

>Cash= no paper trail.

That cuts both ways.

Cash = no proof of payment unless you keep the receipt.
Cash = they're robbery-prone dead presidents.
Cash = no year-end summary of what you did spend.
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Sneakers55
Champion Author Houston

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Message Posted: Apr 6, 2015 7:10:35 PM

On Apr 5, 2015 6:54:41 PM, tomboyyz wrote:

>because reward card are costing some business

Credit card customers have the highest spend and they are the best customers.

And who takes checks any more? I bought a box of checks recently. It was $45.40 for 120 checks. And they were about the plainest the bank has. In slightly more than five years, I'll turn 65 and my account will give me free checks (I will have to pay the shipping charges).

>and they are passing that cost to the rest of us
>anyways "nothing free" - i rarely use the rewards

I always use the rewards. In all cases but one, it's cold hard cash on the barrelhead.

>and credit card info is being stolen left and right

Not all states are "Joisey."

I get texts on my cell phone all the time asking me to verify a charge. They were flagging charges at Home Depot constantly. People who live in apartments don't go to Home Depot a lot, but I was buying stuff for a house that I bought in November 2014.
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klutz347
Champion Author Michigan

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Message Posted: Apr 6, 2015 7:06:20 PM

Cash= no paper trail.
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Sneakers55
Champion Author Houston

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Message Posted: Apr 6, 2015 6:56:50 PM

Paid all but two of my bills this afternoon. I have to wait for the Wells Fargo VISA to generate the monthly statement. I can't make a transfer to Capital One 360 from my primary checking account until they make and I verify two small random amount deposits.

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tomboyyz
Veteran Author New Jersey

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Joined:Aug 2005
Message Posted: Apr 5, 2015 7:54:41 PM

because reward card are costing some business and they are passing that cost to the rest of us anyways "nothing free" - i rarely use the rewards - and credit card info is being stolen left and right

[Edited by: tomboyyz at 4/5/2015 7:55:29 PM EST]
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wamster
Champion Author Houston

Posts:7,474
Points:1,255,300
Joined:May 2007
Message Posted: Apr 5, 2015 7:24:07 PM

Trying to figure out how to purchase reloadable cards with my credit card, to earn reward points, to pay my mortgage payments.
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GasMiser718
Champion Author Detroit

Posts:10,335
Points:453,080
Joined:Apr 2006
Message Posted: Apr 4, 2015 10:29:05 AM

Rewards card I love it...
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cltncguy
Champion Author Charlotte

Posts:2,725
Points:932,800
Joined:Jul 2011
Message Posted: Apr 3, 2015 3:21:38 PM

Because I don't want the government to know everything I do.
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wamster
Champion Author Houston

Posts:7,474
Points:1,255,300
Joined:May 2007
Message Posted: Apr 3, 2015 1:53:44 PM

Currently utilizing my B of A rewards card at 3% for fuel. Get 3% grocery shopping with Amex Everyday Preferred. 31+ purchases during a billing period nets you 50% more rewards. Ends up earning 4.5% just on groceries. Chase Sapphire Preferred 2x points on dining plus other perks.

one of my investments just earned $600+, but another lost -$300. I'm still ahead.
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Sneakers55
Champion Author Houston

Posts:65,387
Points:2,902,565
Joined:Nov 2005
Message Posted: Apr 3, 2015 2:31:43 AM

I decided the solitary dollar bill in my wallet wasn't worth much of anything. So, I deposited it yesterday at a cash accepting ATM.

I'm thinking I'm going to go get two $20 bills so I'll have some emergency cash.
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Sneakers55
Champion Author Houston

Posts:65,387
Points:2,902,565
Joined:Nov 2005
Message Posted: Mar 31, 2015 5:43:41 PM

My CHASE AARP VISA sent me out a chip card.

I also got a letter from Amegy Bank of Texas. They said the E-mail they sent out to tell me the VISA E-statement was ready bounced. They responded by sending me a paper statement and a note to go in and update my E-mail address.

I had this happen with my IRA brokerage statement a few months ago. When they tried it again, it went through successfully without my updating anything.

I know which days the statements cycle, so I may have gotten the E-statements on my own. I'm going to have a batch of "end of the month/first of the month" statements today and tomorrow.


[Edited by: Sneakers55 at 3/31/2015 5:44:54 PM EST]
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