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Old 07-01-2020, 10:54 PM   #121
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DH takes a ride to the bank first of every month and withdraws $1,000. The bank tellers greet DH by name and he likes to chat with them. We pay cleaning lady 2x month, I get my weekly allowance $50 which pays for manicures, pedicures and facials and before the pandemic lunch a couple of times a month with gal pals. Whatever monies left in my wallet when I get my next weekly allowance I just sock away for a rainy day.
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Old 07-02-2020, 04:50 AM   #122
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Originally Posted by Amethyst View Post
This reminds me, I should get some cash, since we're in hurricane season.

Normally, the only time we use cash is when handing out tips, and that mostly happens when we travel (Travel? What's that, daddy?)

One weird thing is that our credit union hasn't raised its daily cash withdrawal limit of $200 since I first joined nearly 40 years ago. Two hundred doesn't go quite as far, these days.


I assume that limit is for ATM withdrawals. Credit unions can be slow to change with the times. ATM withdrawal limits are generally associated with the capacity and technology (i.e. age) of the ATM. Newer machines capable of holding more cash and issuing various denominations can accommodate higher withdrawal limits but that doesnít mean the bank/credit union will utilize the capability.
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Old 07-02-2020, 06:32 AM   #123
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Not at all. Amex for groceries 3.00%, MasterCard for fuel 3.00% & Visa Rewards for everything else 2.00%
+1...simple and not exhausting (or I would not do it!)....So we have one credit card...it's a BofA Premium Rewards Card and we get 2% for travel and dining and 1.5% on other purchases plus a 75% bonus because of BofA relationship.

Also, figured the math and I come out ahead paying the fee when I pay property taxes and the IRS with the card.

We see no reason for cash unless it's the only option.
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Old 07-02-2020, 08:17 AM   #124
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Most of our purchases are tap and go. They allow cashback if we need it. We pay many casual labourers by payments on their credit cards. It seems that is as good as cash. To
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Old 07-04-2020, 06:20 PM   #125
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Also, figured the math and I come out ahead paying the fee when I pay property taxes and the IRS with the card.
Funny how they call it a 'convenience fee' if you want to pay with credit card.
It's 2.49% in my county.
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Old 07-04-2020, 07:29 PM   #126
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I wonder if there is a higher rate of tipping now that you really don't want change back?
That's the case for me. We spend little cash, right now, but in those unavoidable circumstances we don't ask for change back.
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Old 07-04-2020, 10:37 PM   #127
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The quoted post was from 2-25-20, before masks, social distancing and frequent hand sanitizing, etc.

Update....

Well, due to the pandemic we have moved away from using cash and now use contact-less payment via a credit card. We could use our bank account debit card but heck, I may as well get the 1% cash back if I'm going to use plastic!

Our biggest expense, groceries, has been with Walmart grocery pickup or Instacart. We've made a few purchases in stores and pay via credit card rather than interacting with cash and change. Easy enough.

Our Chase Freedom VISA card has 1% cash back with 5% on quarterly categories. Sometimes those categories are useful for us but often are not. Chase just offered me a 1.5% cash back on everything card so I applied for that and it should arrive soon. And there was a nice $200 cash back bonus if you charge $500 in the first 90 days. Yeah, I can easily do that. And I've always paid the bill in full every month. We have no debt and will keep it that way.

Although DH is the one who liked the reality and physical nature of paying with cash he's the one who wanted to avoid the physical exchange involved now that we are in pandemic mode.
Nice to hear you moved into the plastic world

I would use a Credit card long before thinking of using a debit card. Both for the protections provided, the often extended warranties, and the points.

I get just over 5% using my credit card buying groceries Curbside.
I use more than one credit card, so I can maximize the benefits.

Just the other day, I was showing my Uncle the same wad of cash in my wallet from January. Haven't spent a dollar of cash.
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Old 07-04-2020, 11:25 PM   #128
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I get cash from ATM about $200 every 3 months. I put $60 in my wallet and put the rest in one of 4 hiding places at home. Usually I forget I have it or where I hid it until I find it when Iím stashing cash from another ATM run.
ummm. so whatís the point if you canít recall where you put it? a few months after we sold my deceased MILís home my BIL recalled he may have left his coin collection in the attic. he declined to contact the buyers.
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Where Do You Get Cash? Iím confused...
Old 07-09-2020, 07:23 PM   #129
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Where Do You Get Cash? Iím confused...

We started using the new Chase card for the 1.5% cash back. Then I got an offer from PenFed for a 2% cash back card if you have their Access America checking account. We just opened that checking account in May for a $200 bonus if you make 5 debit card transactions. Easy enough to get the credit card so now we will start using the 2% cash back card for all purchases.

DH never thinks about money but he said, ďYou canít earn much on savings anymore. May as well get something for spending.Ē

I think heís been listening
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Old 07-09-2020, 08:11 PM   #130
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ummm. so whatís the point if you canít recall where you put it? a few months after we sold my deceased MILís home my BIL recalled he may have left his coin collection in the attic. he declined to contact the buyers.


I was trying to be funny.
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Old 07-09-2020, 08:17 PM   #131
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We started using the new Chase card for the 1.5% cash back. Then I got an offer from PenFed for a 2% cash back card if you have their Access America checking account. We just opened that checking account in May for a $200 bonus if you make 5 debit card transactions. Easy enough to get the credit card so now we will start using the 2% cash back card for all purchases.

DH never thinks about money but he said, ďYou canít earn much on savings anymore. May as well get something for spending.Ē

I think heís been listening


I bit on the PenFed Access America bonus. I just reviewed the offer to see when the bonus will be credited (4 months) but I forgot how much it was. Iíll pass on their 2% cashback card since I use their 5% gas rebate card exclusively for gas and car washes, but Iím not buying much gas these days.
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Old 07-09-2020, 08:47 PM   #132
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I was trying to be funny.
oops. sorry.
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