Originally Posted by Crane's
What do you people do when you run into the situation where the CC readers are down and you don't have 2 bucks for the coffee? Stand there and look stupid? How about a roadside situation where the tow truck driver says cash only to pull you out of the ditch? How about traveling abroad? You might be able to get away with using a CC only in major metropolitan areas in a developed area but that's about as far as it goes.
Don't be ridiculous. I still keep some bills in the wallet as backup. I just don't want to pay with them due to (1) rewards, (2) dealing with change, and (3) having to constantly withdraw cash.
While we are on the subject how many people have their identity stolen when using cash? I'll give you a hint, zero, none, nadda. What's the fastest way to find yourself living a new lifestyle you aren't aware of? Yep that's right, indiscriminate and constant use of a CC/debit card.
You can also lose tons of cash with no way to get it back. Also, I'm not an irresponsible idiot. You can say the same for people who take cash to a casino.
So what were you saying about the benefits of using a CC/debit card as your only payment vehicle again?
I bet even the people who are hardcore card users have some cash on them. We just prefer to use our credit cards for whatever purposes you don't seem to understand.