First there is no, federal statute mandating that a private business, a person or an organization must accept currency or coins as payment for goods or services. I heard on news today that some states I can't remember which ones, but they are passing legislation that businesses have to except cash for payment of goods or services. If they don't they will be prosecuted for breaking the state law.

I have a hard time if a business wouldn't take cash for payment. That is totally wrong in my book, I have cash and pay with cash for almost everything under 50 bucks or so. It is money that I get from buying and selling, trading and barter through the year.

Cash is king . I wish we could do away with the penny though .

I pay cash for nearly everything. I do use a card at the gas pump. If you prepay in cash, I’d never leave with my tank full.

Yep, I agree cash is king for me also. I like having the Benjamin's in my pocket. Lol You throw one of them down and they are grabbing their marker to make sure it is good. Lol It just makes me smile.

I 've been to hotels that don't take cash.

I use my credit card for almost everything. Earns me airline mileage, and besides, my wife leaves me with a mostly-empty wallet.

She's afraid I'll spend it if I have it.

Jim

That's because if you trash the room they have no credit card to charge for the damages.

Takes a credit or debit to book them. They take payment in cash.

I’m the same way. To me it doesn’t make sense to use cash when I can get cash back or miles using my credit card. I paybit off at the end of each month, to have to pay any interest. So if I’m not using my Southwest card, I’m leaving money on the table.

I'm about 50/50. However, I think every business should accept cash.

I pay cash , for fur, glands used traps and what not. I do the same with used car and pickup parts. And by all means cash is king. ( but is the king present) my business is not set up for cards but we take checks also, and have only been stung once.

I almost always pay for a hotel at check out. That is debt I owe. Cash is legal tender for debts. I'm pretty sure they have to accept cash at this point.

"The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled “Legal tender,” which states: “United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues.”

This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. "

I put absolutely as much as I can on my credit card. The only thing I've found that I can't put on my CC is my mortgage. I jump cards every year and get the cash back bonuses for spending so much in the first 6 months. Currently have a discover card that gives me 1% back on all my purchases on it throughout the year, and at the end of the year they match that back. I didn't have to do anything but use the card to gain that money. It's a nice little bump at the end of the year. This year I plan to buy a pistol with it. I've got around $400 back for the year and on May 6th that'll become $800. I can just credit it right back to the card after I make a purchase. The problem with CC is people that don't pay them off every month and eat up those nasty interest rates. I have all of my household bills taken out of the card every month without me even lifting a finger, and that drops my bills to one payment. I'd be just fine if cash wasn't a thing anymore. I've had plastic since I was very young my parents were smart enough to get my credit line started and teach me how to do it responsibly. I'm only 32 but the last time I ran a credit report I was at about 815...

Most dont for employee saftey. Cash on hand only 1 or 2 employees on duty front door open all night type of thing.

I use a card for most things but strictly cash for things i dont want paper trail on.

There is other ways to pay for things? I don't even have a checking account, let alone a credit card.

^ my understanding they don't have too. There is no, federal statute mandating that a private business, a person or an organization must accept currency or coins as payment for goods or services.

Place of business don't want to deal with cash, to many issues with employees pocketing money. There are many other reason they don't want to except cash also. A lot of places want to go paperless and do away with cash and not sure the Gov. is on board with it also, but would be a hard sell.

My wife uses CC on everything.

Can't really blame them. It's a convenience thing in this world too. Don't have to deal with wondering if the cashier can count, don't have loose change in every pocket of pants I wear, don't have to worry about my daughter pulling a Benjamin out of my wallet and ripping it in half, and the list goes on and on. Cash used to be king when you wanted to buy something while dickering but in all honesty it doesn't do you a whole lot of good anymore from what I've found. They get their money whether you're holding some bill 200 other people have touched or one little piece of plastic. Mine's constantly earning me money as well can't say that about the $1 bill riding in your wallet. They are making apps now that take your purchases rounded to the nearest dollar, and take that change and invest it in the stock market. You don't even realize you're missing the money and it's put away to grow. Times they are a changing.

Cash card for me it's just so darn easy. When I moved to SD many years ago they had counter checks from the local banks at the stores just pick one up fill it out and pay for your stuff but give them a credit card and that was a problem then.

Amen. I don’t think State or Federal laws should dictate how any company operates. If they want to accepts only cash or only cards and you don’t like that, then don’t shop there. Freedom to shop where you want to shop and freedom to run your business how you want to run it. It’s what makes free market awesome!!!!

I don't spend much on a day to day basis, mainly gas once a week with the debit card, got tired of waiting inline while people chit chat and scratch off lotto tickets . Like to pump and go. Paycheck is direct deposit so a trip to town every week for cash doesn't make much sense. Debit card is very convenient and comes out of my bank account. That being said , all big purchases are paid in full with cash, as I refuse to make payments or carry debt.