Cash/Check/Credit/Debit

[monster]

Originally Posted by DanaC

Oh...by debit did you mean Direct Debit mandates? Cause if so I have about £150 a month assorted DDs. I assumed you meant debit card.

yeah, i meant debit card

[Undertoad]

What about other forms of payment??

Cashier's Check: mortgage
Paypal: a part to try to repair the dryer
Barter: bottles, one type of beer for another type of beer

Just happened, update Debit: Cellar monthly colo bill

[Pie]

I assumed debit didn't include ATM withdrawals; I do those about once a month. I'm down to my last $8, so I probably should head over there sometime this week.

The cafeteria here at work takes credit cards, and doesn't ask us to sign the slip so it's ultra-convenient. I've taken to carrying my Amex in my pocket instead of my wallet. Sure, I've got a kajillion $2.28 charges every month -- but hey, it's 3% back baby!

[Sundae]

Debit here is a big thing.
The majority of people use it every day, rather than draw cash from a cashpoint (ATM) or face credit card charges.

My parents, for example, use debit for 90% of their transactions. There is almost always something they need or Grandad needs on a daily basis, so it goes via debit. It's the same as cash after all, just less worrying than carrying cash for a 69 year old (Dad). Also they have records in case anyone queries Grandad's income and expenditure.

[monster]

Originally Posted by Undertoad

What about other forms of payment??

Cashier's Check: mortgage
Paypal: a part to try to repair the dryer
Barter: bottles, one type of beer for another type of beer

Just happened, update Debit: Cellar monthly colo bill

I don't think I've ever used a cashier's check..... maybe for the deposit on the house?

Paypal, prolly the tip jar

barter: I'm married, need I say more? :p

[Undertoad]

Western Union - once, to pay the mortgage, expensive and shitty
Electronic check - many bills, in fact it was hard convincing Verizon to stop!
Money order - not used

[Clodfobble]

Originally Posted by DanaC

Oh...by debit did you mean Direct Debit mandates? Cause if so I have about £150 a month assorted DDs. I assumed you meant debit card.

Originally Posted by monster

yeah, i meant debit card

That's what I was thinking too--I don't do debit cards either. It's just as easy to steal a debit card number as it is a credit card number, IMHO. The difference is with one they take the credit card's money and I'm not liable. The other, they take my money, gone gone gone, then I may or may not be able to get it back.

[fargon]

Check: Rent
Cash: Tip for girl at the buffet Saturday.
Debt: Dinner at buffet.
Credit card: Don't even have one.

[Undertoad]

There's a $50 limit on your liability if your debit card or its number is lost or stolen.

[DanaC]

Originally Posted by Sundae Girl

Debit here is a big thing.
The majority of people use it every day, rather than draw cash from a cashpoint (ATM) or face credit card charges.

My parents, for example, use debit for 90% of their transactions. There is almost always something they need or Grandad needs on a daily basis, so it goes via debit. It's the same as cash after all, just less worrying than carrying cash for a 69 year old (Dad). Also they have records in case anyone queries Grandad's income and expenditure.

I pretty much live on my debit card. I rarely carry actual cash, beyond a few quid for bus fares and a coffee. I don't use credit cards any more. And there's onyl a charge on using debit cards if the purchase is less than £6.50 and then it's only .30p.

[Aliantha]

cash: bread at the bakery on the weekend
cheque: don't have a cheque book
credit: daryl's birthday present
debit: can't recall

We mostly use our credit card for everything and just pay it off at the end of the month. The main way I use my debit card is when I transfer money to it to withdraw cash to pay for things like bread and milk, or tuckshop for the kids. We rarely write cheques either, especially not for personal expenses, but occassionally for business purposes, and then of course it's a business cheque, so doesn't count for this purpose I don't think.

[Stormieweather]

Cash: SoBe's and Cheetos for kidlet on the way home from work today.
Check: Electric bill yesterday
Credit: Don't own credit cards-bought car on credit nearly 2 years ago though
Debit: (This used like VISA but immediately withdrawn from account?) If so, all the time!! Ok, yesterday at the grocery store.

[Shawnee123]

Cash: put money on my school account today (used in pop machines and cafe)
Check: electric bill, last Thursday
Credit: yesterday...rollerblades (I don't use credit much, and pay it off or close to off each month...rebuilding credit rating
Debit: Never had a debit card

[classicman]

Cash: Coffee every morning
Check: electric bill - Fookers want to charge me $10 to make a phone payment.
Credit: Last Thursday - Cell phone bill & large purchases only (free points.) I'd use it all the time, but I'm just uncomfortable having a balance more than $500. It all comes out of the same account anyway and it saves me interest to use my debit. They are both "insured" As UT said I'm only liable for the first $50.
Debit: Weekly food at the supermarket Saturday

[BrianR]

cash: truck stop scale fee
check: um....set up my Direct Deposit in October (again!)
credit: paid em off years ago and don't have one but will eventually to increase credit limit
debit: my friend, I use it all the time for cash or small purchases

NOTE: If you use credit cards, you should NOT pay them off each month...carry a balance, even a small one. If you don't, the credit report shows you as carrying the maximum charge and not paying on it. Show steady use, not too much, not too little, carry a small balance and keep the payments up. That way if you suddenly need, oh, a car, you look better on paper.