Card for anything that could possibly be issue later on so I have protection. Cash for local businesses and my favorite chicken place that doesnβt take cards.
this post was submitted on 11 Aug 2023
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depends on what I'm buying
I live in the US and 95% of the time I use credit cards; I carry very little cash for tipping and quick purchases. I have about 3 cash back cards that I rotate depending on what Iβm purchasing and pay them off every month. The points I earn Iβll use for traveling. I never use my debit card except for when I go to the bank
Card almost exclusively, but I keep small amounts of cash on hand just in case. Usually end up using it at farmer's market or maker mart type situations.
Canada, rarely pay with anything but CC. The Wealthsimple Cash card has been great too
I guess I'll be the oddball that pays mostly in cash. Mostly because I'm self employed and taking cash to the bank across town is one more errand to run. So I'll pay with cash in person until it's gone and then switch to card. Also saves the 3-4% card markup a lot of places charge here. I'm in the US.
Credit card almost exclusively and I get annoyed if I can't use tap to pay. I'm finding more and more places don't even accept cash anymore.
Cash I don't know why
Until the pandemic I used to be strictly cash only. Sadly the pandemic has shifted my habits quite a bit :/
Exclusively card. Any cash I get is saved. Which is nice because I make a decent amount in cash tips at my job so I've got some decent savings from it
Card, almost always. I rarely have cash on me.
The only exception is when I go to an event with lots of vendors. Then I take cash with me because I'm less tempted to spend more than I had planned.
Germany. Mostly using my debit card via my phone. I just don't like getting change. My money is also much more manageable this way.
When in the Netherlands, I once had to apply for government benefits. They had to scrutinize all my bank transactions for a full year in the process. I've heard they need it for 5 years now. I started using ATMs more, saving up cash, in case I need to go through such a process again.
I do use card almost always now since it's touchless but I'm not willing to give up cash.
I usually carry around $30 with my cards, if I'm budgeting it can help make there be a limit as to what I can buy without having to rationalize my purchase to myself. Also, nice to have if needed, even if that isn't everyday.
sometime someone will ask that question but incude or cryptocurrency
Debit card. Some of my clients pay in cash, which slowly gets used up as I remember it. Sometimes random homeless people end up with $20 because I don't have change.
Portugal
I pay almost exclusively using MBWay or Card.
Switzerland.
Apple Pay for almost everything with very very few exceptions. I have stopped going to places that donβt take cards at some point (with a few very pimited exceptions). Cash is just not convenient and totally unnecessary these days. And accepting cards is easier than ever.
Canada - Debit card. Tap or chip. Chip for me since the tap on my card broke and I don't want to replace it, but most Canadians pay with a debit card tap.
UK.
Card. Have always used a credit card as much as possible to pay for everything since I was able to. That was Barclaycard in 1981 - Β£2 limit as I was underage. Back in the day Barclaycards were used as Β£50 cheque guarantee cards which they would issue to me as a minor, but they also served as credit cards for adults.
Cards are OPM and legislation protects us for purchases over Β£100 and I never carry a balance.
There is never any point in using a debit card to pay for anything. Reversing a transaction is a 'mare and you assume all the risk. Chase offer 1% cashback but I'd never use it (read:assume the risk) for anything where 1% would be worth having.
I tend to (over)spend cash if I have it, but cards I don't over-spend at all. I've never been able to work out why. Not broken so not fixed.
Almost exclusively Amex, but carry a MasterCard too for those occasional times where Amex isn't accepted locally or I'm in mainland Europe. Amex customer service is exceptional. My MasterCard bill is maybe two transactions a month; pennies.
The only place I pay physical cash is the barber. It's a pain in the arse.
Money laundering regulations here are now insane.
Brazil
PIX
I almost never use cash