We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Cannot pay by cash ? What the ?
flenk
Posts: 15 Forumite
in Credit cards
I have just received my statement from Tesco Credit Card.
It says on the front:-
"Please Note you are no longer able to make cash payments to your Tesco Credit Card account, over the counter at a bank..."
Has anyone else noticed this ?
Has anyone got any thoughts on this ?
Why would "they" want to restrict paying in this way ?
Surely, as cash is legal tender, "they" must accept cash as payment ?
I would be very grateful for thoughts, comments and answers.
It says on the front:-
"Please Note you are no longer able to make cash payments to your Tesco Credit Card account, over the counter at a bank..."
Has anyone else noticed this ?
Has anyone got any thoughts on this ?
Why would "they" want to restrict paying in this way ?
Surely, as cash is legal tender, "they" must accept cash as payment ?
I would be very grateful for thoughts, comments and answers.
0
Comments
-
I don't see that they have to. Cheques are legal tender but a lot of places don't accept those.
They may well incur extra costs from the banks for doing this, as it's a nightmare of a manual job, so have decided it's not worth it.0 -
I thought legal tender was only applicable when paying taxes or something like that - otherwise people are free to agree what they will or wont take. With no intention of being in any way flippant, maybe change to someone who does take cash?0
-
Legal Tender in the UK only applies when paying a debt into court.
http://www.royalmint.com/aboutus/policies-and-guidelines/legal-tender-guidelines
For day to day business transactions, the parties are essentially free to accept and reject what they like.0 -
They are telling you they dont want your business.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
This discussion has been closed.
Categories
- All Categories
- 347.2K Banking & Borrowing
- 251.6K Reduce Debt & Boost Income
- 451.8K Spending & Discounts
- 239.5K Work, Benefits & Business
- 615.4K Mortgages, Homes & Bills
- 175.1K Life & Family
- 252.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards