scrabbler1
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Nov 20, 2009
- Messages
- 6,705
I have a credit card with Citibank I rarely use (it's my back-up card), so it doesn't affect me much. I got a letter the other day from Citibank telling me that starting in July their bank tellers won't be accepting cash payments any more. Doesn't that seem rather odd, a bank policy directing their tellers not to accept CASH any more for payments?
You can still make cash payments through one of their ATMs, of course. And they will still accept checks. My local branch used to have one of those Payment Express boxes you could use to make payments and deposits. I recall seeing those back in the 1980s and they were pretty handy when there were lines at the tellers. I would never deposit cash that way, just checks.
I switched to another CC a few years ago which offered cash back, opting out of the stupid and worthless "points" program with my Citibank CC. I have one small automatic, annual charge I decided to keep with Citibank because it will keep the card open. My local branch is walking distance, so I make one trip per year there now to pay it. It was as small as $10 which I usually paid in cash but now it is $22, still small enough to pay with cash but I won't be able to do that any more when I get my next bill about a year from now.
Does anyone have any idea why Citibank would stop accepting cash payments to their tellers? I mean, they are a bank, isn't handling cash part of the job description?
You can still make cash payments through one of their ATMs, of course. And they will still accept checks. My local branch used to have one of those Payment Express boxes you could use to make payments and deposits. I recall seeing those back in the 1980s and they were pretty handy when there were lines at the tellers. I would never deposit cash that way, just checks.
I switched to another CC a few years ago which offered cash back, opting out of the stupid and worthless "points" program with my Citibank CC. I have one small automatic, annual charge I decided to keep with Citibank because it will keep the card open. My local branch is walking distance, so I make one trip per year there now to pay it. It was as small as $10 which I usually paid in cash but now it is $22, still small enough to pay with cash but I won't be able to do that any more when I get my next bill about a year from now.
Does anyone have any idea why Citibank would stop accepting cash payments to their tellers? I mean, they are a bank, isn't handling cash part of the job description?