Should the BOE issue a £100 note?
- Thread starter dowie
- Start date
You can already get £100 notes
Soldato
I want a £500 note so it's easier to buy my new Gucci belt.
Soldato
I use cash when I can as it makes you aware of how much you are paying for goods - just swiping a card just moves a few numbers up or down in your bank account -
If everyone paid cash I think the price of goods would be slightly less when you see real money flying out of your pocket.
I do online banking -Pay with paypal and use a swipe card if I have to - it is a god send but you lose the value of money.
If everyone paid cash I think the price of goods would be slightly less when you see real money flying out of your pocket.
I do online banking -Pay with paypal and use a swipe card if I have to - it is a god send but you lose the value of money.
Who stuffed sand in your vagina today?
e: The only thing I'm going to do with cash is take it to the bank. That's the only thing it's good for.
So it's a bank transfer with extra steps. Chuffing useless to me.
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You’re on a roll tonight. More nonsense!
Some of us live in the 21st century, gramps. You should visit some time, see what the fuss is all about.
Cash is obsolete.
More fool you not being offered a discount on trades.
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Soldato
No it shouldn't. Have taken a £100 Scottish note as payment before from a customer. He spent around £85. If someone handed me a £100 for a few quid's shopping - taking the michael.
What 'trades' are we talking about? Tax avoidance 'trades'?More fool you not being offered a discount on trades.
Soldato
1.1m people still don't have a bank account. That figure was 1.3m in 2018. Hopefully most of the 200k opened a bank account of some description due to lockdowns and essential retailers wanted customers to pay with card. Plus some retailers such as Argos only did click n collect - ie paying goods online to collect at a standalone Argos or within a Sainsburys.
Read somewhere, can't find the link that being bankless can cost the average person about £600 MORE a year. Charges for some companies for not paying bills by DD, more expensive energy tariffs, unable to get the cheaper insurance deals as some insurers don't want to know about people without a bank account.
Then spoke to a customer the other day. She doesn't have a phone. In this age, when talking about not having a phone, we automatically presume a mobile phone. She doesn't any phone - landline or mobile! The last time I can remember someone without any phone (before mobiles) was my friend's neighbour. This was in 1987/8. She was in her early 80s then and went over to my friend's and used the landline.
Read somewhere, can't find the link that being bankless can cost the average person about £600 MORE a year. Charges for some companies for not paying bills by DD, more expensive energy tariffs, unable to get the cheaper insurance deals as some insurers don't want to know about people without a bank account.
Then spoke to a customer the other day. She doesn't have a phone. In this age, when talking about not having a phone, we automatically presume a mobile phone. She doesn't any phone - landline or mobile! The last time I can remember someone without any phone (before mobiles) was my friend's neighbour. This was in 1987/8. She was in her early 80s then and went over to my friend's and used the landline.
Soldato
In 2002/3, I worked at a bank for 9 months. There was a customer who carried a massive wad of £50 notes. He must had at least £8k in that wad.
Soldato
I’m still waiting for the £27 note to come into circulation. I’m sure they toyed with that idea in ‘95
Often cash is more expensive. My wife prefers card over cash as it means there is no cash on the premises, no insurance implications, no having to pay someone to deposit it at the bank or waste 30-60 minutes doing it herself. Also the processing fees are lower than the cash handling fees for depositing it.
Cash is dead, i never use it.
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What's the weather like up there on your high horse?
Erm, tax "avoidance" isn't against the law. But anyway, a tradesman's tax affairs are none of my business.
Given up with these due to this.
Can't be bothered to go get cash out.
I have 15 pounds on my keys for emergencies. Let's say I need to borrow someone's phone. Or I lose my wallet and need petrol etc.
Opposite for me.
Cash is lost in the ether.
Using a card and seeing it on a statement is more "present" for me.
Not that I'm doing it anymore, but going up the pub with cash is far better - you're forced to go home when it runs out.
With a card you get drunk and don't think twice about tappity-tapping away.
I seem to remember stories in the news about people going back to cash to help them budget. Not surprised really.
My uncle did too.
Had a huuuge wallet. And it was full of 50s. As kids if we ever got our hands on it we'd throw the money around. He got proper ****** at that!
