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The only reason I'm planning on using cash is because my debit card has a $200 limit that i can spend per day...and in order to change that limit, I would have to go to my bank and go through a very long process of changing said limit.
 
It's frigging retarded to go to the store and pay for a coffee drink that cost 4$ with credit card and I have seen this done by people of all kind of income levels.

Many credit cards have a same as cash grace period. Many people I know have a credit card with a high credit limit so that they have the loan available in case of an emergency, but use it everyday for stuff like gas, coffee and groceries, then pay off the balance at the end of the month. It's almost the same as using cash. No interest, and in some cases rewards. If someone has cash back rewards or some other sort of freebie, you're technically getting more back than you spend. So it all depends.

I don't get the debate. Cash, credit or debit. It's personal choice, there is no "correct" way to go. I have all three, but prefer cash most of the time.
 
Hmmm...I wonder what $700 in pennies would weigh. That should cause a riot in the Apple store April 3rd. :D
 
The only reason I'm planning on using cash is because my debit card has a $200 limit that i can spend per day...and in order to change that limit, I would have to go to my bank and go through a very long process of changing said limit.

That's very odd if that is actually the amount. However my friend and I just purchased Quad Core iMacs and my total was 2200 as was his. He makes over 100k a year and I only make about 25k per year and we bank with the same people but his limit was much lower than mine, I didn't even check my limit but it let the full $2200 slide. And I KNOW it has nothing to do with credit because, although I have good credit I am sure his must be higher because he owns a house, and 2 cars, and I just know he can afford to pay all his bills so it's weird how our accounts are different. Anyway, all you have to do is call your bank and let them know and they will do whatever with the account to enable the transaction before hand. Are you sure that's not your ATM per day? Oh, and I DO have a $800 or so DEBIT limit but just run it as a credit card and that will do the trick (for me at least, not my friend though - But that was a HUGE purchase)
 
I paid cash for my wife's macbook. No troubles... I guess they don't see that many people with a grand in their pocket.
 
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MikhailT said:
well they could use a debit card to buy it.

I never carry cash with me. Just a debit card.

You are aware debit cards don't allow you to spend more than you have in the account right? If for whatever reason you're that irresponsible that you need to teach yourself a lesson at every purchase, a debit card would achieve the same thing as cash, under your ideology.

I see no reason to carrying around $500+ in bills. Get a debit card, much safer.

I already stated that I know about debit cards, and I never suggested that people carry $500+ in cash all the time, it's fine when they are going straight to the store. Debit cards are the best way to go, definitely, they are much more safer, more bang for the bucks as they ofter features that cash can't give you.

The problem is that people (well people i know, i can't say general public as everybody is different but seeing how much people are in CC debt) don't want to use debit cards, they use credit cards by default. In fact some of those idiots don't want to use debit card because they forgot their pin or it's more inconvenient than using credit cards.

Credit cards are not supposed to be used all the time, they are supposed to give you temporary loan or basically emergency funding. Every time I ask people why they use CC if they had debit, they basically said they don't want to spend their money first, they rather use the CC and pay it off later. Which makes no frigging sense to me because they'll pay more in the end and end up with less money in their pocket. Debit cards nowadays have the same protection system that credit cards have, so debit cards should be used primarily, not credit cards.

It's frigging retarded to go to the store and pay for a coffee drink that cost 4$ with credit card and I have seen this done by people of all kind of income levels.


I think credit card should come with two different PIN numbers, couple of captcha, just to piss people off every time they use it.

Almost as retarded as paying $4 for a coffee!
 
You are aware debit cards don't allow you to spend more than you have in the account right? If for whatever reason you're that irresponsible that you need to teach yourself a lesson at every purchase, a debit card would achieve the same thing as cash, under your ideology.

I see no reason to carrying around $500+ in bills. Get a debit card, much safer.

Are you serious? I can't BEGIN to tell you how many times I have bought things when I forgot to transfer money into checking. EX: YESTERDAY when I spent $347 at the grocery store and forgot to trans my money over from savings...

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Almost as retarded as paying $4 for a coffee!

My starbucks is usually right under $6 every morning.
TO THE PERSON ABOVE you whom I don't feel like quoting-
Why do people care about small transactions on their card? Even on online stores where you have a wallet for music and such (lala) so you don't get charged $.10 for every web-song purchase. I could care less and buy stuff off iTunes all the time like this.
 
They better let me pay cash because that's the only way I pay for anything that isn't a bill or ordered online (which I only do if absolutely necessary). I keep the smallest amount of money that I can in the bank, always use cash, and I have no credit cards. I have exactly $0 in debt and haven't had any for four yours, since I was 25. I hate owing things to people.
 
They better let me pay cash because that's the only way I pay for anything that isn't a bill or ordered online (which I only do if absolutely necessary). I keep the smallest amount of money that I can in the bank, always use cash, and I have no credit cards. I have exactly $0 in debt and haven't had any for four yours, since I was 25. I hate owing things to people.
Right on!!!
 
Why you couldn't pay Cash

With the original iPhone there was no contract, eventually they were being unlocked and AT&T was getting pretty pissed that anyone could go to the Apple Store and pay cash for the iPhone then just go home and unlock it for T-Mobile or whatever else they wanted. So AT&T & Apple came up with the idea of making all iPhones credit card purchases. For two reasons. First so that they could track how many iPhones you purchased (there was a limit of 5,) and I also because with a credit card on file if you did not activate your iPhone in 30 days they could bill you the account termination fee. I know this because at the time I was buying as many iPhones as the would sell me, then unlocking them and sending them to places like London, Germany, and India. When they switched over to just credit card sales apparently someone made a mistake and then you could purchase the iPhones with a gift card, or credit/debit card. When this was found out AT&T raised hell again, and demanded that Apple make customers sign a contract at the time of purchase, when the 3G came out it began.
 
I don't understand peoples insistence on paying cash for things, especially large purchases like a laptop or something. Why would you want to carry that much money around?

Because some of us prefer to use debit cards and (little known fact) most debit cards have a daily limit set by the card holder. In other words, I could have 50 billion dollars in my account, but can only access X amount with my debit card for withdrawals or purchases over the course of a day. Rather than futzing around with the bank to get a one-day okay for a larger limit, I just took out cash. It was quicker for me to just go in and make a withdrawal rather than dealing with jumping through the hoops to make the exception and, not using a CC, cheaper in the long run with no interest accrual.
 
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