How do you pay cash in at a bank?

TimeLord1

https://forums.moneysavingexpert.com/discussion/comment/81861253#Comment_81861253

Who knows 🧐 😁

Brie

https://forums.moneysavingexpert.com/discussion/comment/81861226#Comment_81861226

The problem with the post office is that they don't want coins. If you do have a lot of coins (as might happen if you are selling at boot sales) then you have to have them bagged up, in official coin bags and they have to be the correct amount. A tuppence under and they won't take it.

Not sure about the cash machines in Iceland but if you are referring to the coin machines I've noticed that they've increased their fee to over 11% which is quite a lot to lose.

My solution for this sort of shrapnel is to use it to buy groceries where there's a self service that accepts cash. Takes a while and you can get an angry queue behind you. I had about £40 to use and it took me quite a while as the till kept timing out and I had to have the assistant come and unlock it every couple of minutes. If I'd realised that it was the only cash till open I might have chosen a less busy time.

eskbanker

"Cash is king"

….is an old cliché but is becoming increasingly irrelevant, rather than being some sort of universal truth.

There have been plenty of previous threads about access to, and use of, cash, and there is some sort of governmental commitment to retaining such facilities, but the overall direction of travel (at a macro level) is undoubtedly away from cash, regardless of the views of many that this is a bad thing.

TimeLord1

PayPoint seems to also have new machines appearing at new locations. I still think NatWest is currently the largest provider for now.

B0bbyEwing

https://forums.moneysavingexpert.com/discussion/comment/81861860#Comment_81861860

I put that in there not that it's my belief but that it's what many seem to throw at you these days as a reason to keep using cash …… because it's king right?!

I personally couldn't care less. I pay with my phone. I couldn't tell you the last time I paid with my physical bank card never mind actual cash.

The chippy up the road refuses to accept card of any description for any amount under £5.00 but whenever we go there our order comes to more than that anyway so once again it's via phone.

My wife also takes her bank card with her just in case. I personally don't and only once has that been an issue where I needed to pay via card as it wouldn't accept via phone for some reason. I was in a supermarket. I just put the items back & left, it wasn't the end of the world.

molerat

I still carry a couple of cards so I don't have to go into the petrol station shop and queue up behind the 20 people buying a packet of mints, sandwich, bottle of juice and a scratch card but no fuel. My pet peeve !

eskbanker

I put that in there not that it's my belief but that it's what many seem to throw at you these days as a reason to keep using cash …… because it's king right?!

I know what you mean - I think that objectively there's less use of cash and more places that don't accept it, so conversely those who prefer to stick with it are more likely to use the phrase in an indignant manner!

Rob5342

https://forums.moneysavingexpert.com/discussion/comment/81863838#Comment_81863838

I nearly always pay with my phone but I always carry a few cards with me just in case I drop my phone or the battery for.

The only time I normally pay cash when I go to the chip shop as they don't take card, it means I spend less there than I would otherwise as I limit what I order to keep it under what I got from the cash machine, but that's their loss.

greyteam1959

A brand new Tesco superstore opened near me a few weeks ago complete with fuel station.

The fuel station does not accept any form of payment by phone only actual physical cards.

Very odd.

Rob5342

It does seem rather strange. The pumps at the Asda petrol station near me take contactless, you'd think that would be preferable for them in terms of maintaining the machine.