New £20 Note

[diddlydo]

With the new £20 note being launched today, I wonder how often and why/where do people still use cash?
https://www.theguardian.com/money/2020/feb/20/new-20-notes-featuring-jmw-turner-enter-circulation

[alavahalf]

The last time this topic done the rounds was about 3 months ago ?
If I remember rightly I had about £60 in my wallet then... today I have £50 and that is because I have given my daughter a tenner for a taxi.
That means for around 6 months I have never needed any cash whatsoever. it's a debit card for me, all the way. If a shop or a pub can't accept a card .. I would just turn around and walk away.
Glad this post came up because it has reminded me of a stash I have hidden away. ... It is all old tenners !

[TheDevil]

"That means for around 6 months I have never needed any cash whatsoever."

Does that say something about cash and card though or your spending habits?

[alavahalf]

According to my online banking Ng we spend quite well.. my wife certainly does !
Actually I meant the stash is old twenties !!

[MWG14]

I live in a smallish village in a rural area. Most of the little businesses here require payment in cash or cheque. I would be totally lost without cash.

Some people don’t qualify for a credit card or a bank account. I always thought that legal tender had to be accepted.

[ToraToraTora]

legal tender does not have to be accepted, a common misconception.

[Bobbisox1]

My hairdressers only take cash and when I’m out and about I’ll use contactless , all my bills are paid on the 1st of the month by DD, I go to an ATM on a Tuesday to go to the pub with mates ( cash only)
Life could not be simpler :0)

[bhg481]

Contactless is something I really am not interested in. I have changed all my cards bar one for PIN type. The only exception is one bank card which only offers contactless and they are the only one I know of which does free cash withdrawals abroad; I keep it in a screened pocket, which makes it fiddly to use, so hardly ever use it.

[Canary42]

One of my local pubs is Cash Only, No Cards

[Canary42]

I read somewhere recently (I think it was authentic but can't remember the source) that 2 million people in the UK don't have bank accounts

[Bobbisox1]

I’m not sure if the one we go to each Tuesday is cash only or cash or card but for some reason I prefer paying with cash in a pub Canary

[Spicerack]

One of mine is The Crows Nest. I thought that was odd.

[bednobs]

ive just come back from coffee with a friend - the car park machine was broken and wouldnt take her apple pay - what a good job i had cash

[Spicerack]

Good point. A lot of them are cash only around here. Surprisingly, the Severn Bridge toll was cash only.

[Ellipsis]

I tip in cash whenever possible.

And I use cash for all purchases I don't want the higher powers to know about ... ;)

[diddlydo]

We use our contactless credit cards all the time (except hairdresser and village shop which doesn't take cards for less than £5 spend) and always pay off the balance in full every month. My husband took a bit of convincing but when I pointed out that every spend adds to our John Lewis points he was converted. It's an absolute no-brainer.

[Bazile]

//Hopefully I won't have to endure the downslide for too long.//

OG - that's a rather sad / pessimistic thought to have .

[Old_Geezer]

Legal tender doesn't have to be accepted, but you can't be sued for non-payment if you offer full payment of your debts in legal tender. So, it may not be wise to refuse.

[EDDIE51]

I use cash for EVERYTHING !! I do not even have a Card !!! Most shops around here at least , prefer cash !! Some even refuse Cards totally !!
Would you use a card for buying a pint of milk for example ?

[Old_Geezer]

The way things have gone of late baz, it's not much of an exaggeration. All downhill, and much further one might go. Live fast ...

[Bazile]

TTT

//You may not realise it but you already do internet banking, that's how the whole system works. The difference is that if you don't actually sign up for it then you are a prime target for hackers to activate your account for you and then empty it.//

Surely if the bank received a request for IB , wouldn't they insist on you producing appropriate ID , and carry out appropriate security checks before allowing the service to be activated ?