yeah, paying cash for a high end business lunch or dinner woul not bode well for your success. keeping a lot of cash in pocket is also a pain. fast food or small family cafe, no problem.
PHILLY RICK - 14 years ago
Unless it is a business lunch or dinner, i don't see the need to put a meal on a credit card. You will be paying for that meal LONG after it is gone.
Jen - 14 years ago
If the services is better and it is at the same cost, I would go cash. I know that the credit card companies take 2-5% off the top on sales.
Diane - 14 years ago
If customers of small businesses in general knew how much we have to pay for the pleasure of their using plastic and that we pay fees AND their rewards, they may be less likely to pull out the plastic. The banks are making it from both ends- ours and theirs. My customers are very aware that I try and meet their needs, keep prices low and are more than willing to help me lower my overhead by using cash and they love their CC statements more at the end of the month.
David - 14 years ago
Fast food places have an additional charge for debit and charge cards. As long as it is stated.
TomGI - 14 years ago
I always pay with cash but a cash restaurant will have more desperate people hanging around in the parking lot pressuring for a cash handout. At a card restaurant you can always tell them “I’m all credit or debit, I don’t carry cash at all… Sorry”
LArry - 14 years ago
Businesses should be able to a add a surcharge to credit card purchases. It's only fair. If it costs them more to process a credit card, credit card users should pay for that. As it stands, cash users subsidize credit card users.
Missy - 14 years ago
I think it depends on the resturant. If it is a place that will cost more than $30for 2 people to eat...yes I want to use my debit card. If it is McDonalds, Burger King, KFC, ect...CASH ONLY should be the way! If you have to put your fast food meal on a credit card should you really be eating out?
Charlie Farrar - 14 years ago
I don't mind paying with cash. The problem as I see it for the restaurants is inviting a robber by advertising cash only meaning lots of cash on hand.
Stick'em UP
Mike - 14 years ago
I typically don't carry cash so I skip cash only places. Visa, Mastercard, AMEX, and Discover are the companies who set the fees, not the individual issuing bank on the card. If we ever reach a tipping point where the majority of restaurants are cash only at lunch time, I might adapt, but until that day comes I'll just keep finding places where I can swipe my debit card. And yes, I swipe it as a credit card so I get my reward points.
lroy - Maine - 14 years ago
I stopped carrying cash when I was able to carry a debit card. If I know ahead of time that it is a cash only place, I usually stop to get cash from an ATM. If it was not clear when I entered the building or not listed on the menu, I would ask before placing my order. If it were a cash only place and I did not have any one me, I would excuse meself. If I felt the place was worth returning, I would ask where the nearest ATM is located, go get cash and come back to eat.
Some places charge a small fee to cover the card transaction. and I am with SDM. put the fee in the price of the meal.
I had a small business for a while. I never charged my customers a credit card fee. That was part of my business expense. If anything, I think that some cards clear during the meal, but get bounced back and no good and it is not just the fee the businesses are picking up, but the total bill. That is a whole different story.
Do we have all the information that makes this clear?
I support either way, but be careful how you express the reason why you chose the cash only side. Saying nothing is better than saying the wrong thing and offending more people.
We're retired so don't take business people to lunch, I prefer paying cash now. People working would probably prefer using charge cards. Who carries that much cash with them when an unplanned lunch or dinner comes up? restaurants will lose business if they stop taking charge cards IMO.
SDM - 14 years ago
Don't restaurants price their food with the cost of using a credit already embedded? That's what I've always thought?
Siegbert Tarrasch - 14 years ago
Plain and simple, I want my convenience and if any business is going to make it more of a hassle to spend my money there, then to hell with them. However, I do have mixed feelings, stepping away from my own selfish convenience. Despite my harsh remark, I sympathize with restaurants and small businesses that are being screwed by the credit card companies, for which there is a special place in hell as far as I’m concerned. Thus, if these small businesses got together, flipped the bird to all soulless credit card companies, and accepted only cash; well I’d make a point of going to those businesses just for that reason! Stick it to the diabolical corporations; they are your repressors, oppressors, and the name for almost all of your pain!
Tino - 14 years ago
It depends on various things, if the restaurant is a small coffee shop lunch place I would and do usually pay cash, however if an expensive supper restaurant, I would have to stop going to the restaurant.
Tino, NYC
Dave - 14 years ago
I frequent several places that don't take credit cards but do take debit cards.
a - 14 years ago
All things being equal, if you are faced with two restaurants to choose from, and one takes only cash, that's generally the better restaurant. (they don't have to take cards, the other one does)
Anne - 14 years ago
I don't mind cash only at all, as long as it is CLEARLY STATED. I was at a nice place for desserts last year. Four desserts, three cups of tea, and a cup of coffee. The price was over $80. Not only were there no prices on the menu (a problem to begin with), but only when they brought the check did they say cash only. There were no signs anywhere, and it wasn't on the menu. Needless to say, never going back there!
george - 14 years ago
i love cash only or cash option for a discount restaurants. i would not go to a medium or high end restaurant that went cash only unless there were an accompanying price rollback.
yeah, paying cash for a high end business lunch or dinner woul not bode well for your success. keeping a lot of cash in pocket is also a pain. fast food or small family cafe, no problem.
Unless it is a business lunch or dinner, i don't see the need to put a meal on a credit card. You will be paying for that meal LONG after it is gone.
If the services is better and it is at the same cost, I would go cash. I know that the credit card companies take 2-5% off the top on sales.
If customers of small businesses in general knew how much we have to pay for the pleasure of their using plastic and that we pay fees AND their rewards, they may be less likely to pull out the plastic. The banks are making it from both ends- ours and theirs. My customers are very aware that I try and meet their needs, keep prices low and are more than willing to help me lower my overhead by using cash and they love their CC statements more at the end of the month.
Fast food places have an additional charge for debit and charge cards. As long as it is stated.
I always pay with cash but a cash restaurant will have more desperate people hanging around in the parking lot pressuring for a cash handout. At a card restaurant you can always tell them “I’m all credit or debit, I don’t carry cash at all… Sorry”
Businesses should be able to a add a surcharge to credit card purchases. It's only fair. If it costs them more to process a credit card, credit card users should pay for that. As it stands, cash users subsidize credit card users.
I think it depends on the resturant. If it is a place that will cost more than $30for 2 people to eat...yes I want to use my debit card. If it is McDonalds, Burger King, KFC, ect...CASH ONLY should be the way! If you have to put your fast food meal on a credit card should you really be eating out?
I don't mind paying with cash. The problem as I see it for the restaurants is inviting a robber by advertising cash only meaning lots of cash on hand.
Stick'em UP
I typically don't carry cash so I skip cash only places. Visa, Mastercard, AMEX, and Discover are the companies who set the fees, not the individual issuing bank on the card. If we ever reach a tipping point where the majority of restaurants are cash only at lunch time, I might adapt, but until that day comes I'll just keep finding places where I can swipe my debit card. And yes, I swipe it as a credit card so I get my reward points.
I stopped carrying cash when I was able to carry a debit card. If I know ahead of time that it is a cash only place, I usually stop to get cash from an ATM. If it was not clear when I entered the building or not listed on the menu, I would ask before placing my order. If it were a cash only place and I did not have any one me, I would excuse meself. If I felt the place was worth returning, I would ask where the nearest ATM is located, go get cash and come back to eat.
Some places charge a small fee to cover the card transaction. and I am with SDM. put the fee in the price of the meal.
I had a small business for a while. I never charged my customers a credit card fee. That was part of my business expense. If anything, I think that some cards clear during the meal, but get bounced back and no good and it is not just the fee the businesses are picking up, but the total bill. That is a whole different story.
Do we have all the information that makes this clear?
I support either way, but be careful how you express the reason why you chose the cash only side. Saying nothing is better than saying the wrong thing and offending more people.
We're retired so don't take business people to lunch, I prefer paying cash now. People working would probably prefer using charge cards. Who carries that much cash with them when an unplanned lunch or dinner comes up? restaurants will lose business if they stop taking charge cards IMO.
Don't restaurants price their food with the cost of using a credit already embedded? That's what I've always thought?
Plain and simple, I want my convenience and if any business is going to make it more of a hassle to spend my money there, then to hell with them. However, I do have mixed feelings, stepping away from my own selfish convenience. Despite my harsh remark, I sympathize with restaurants and small businesses that are being screwed by the credit card companies, for which there is a special place in hell as far as I’m concerned. Thus, if these small businesses got together, flipped the bird to all soulless credit card companies, and accepted only cash; well I’d make a point of going to those businesses just for that reason! Stick it to the diabolical corporations; they are your repressors, oppressors, and the name for almost all of your pain!
It depends on various things, if the restaurant is a small coffee shop lunch place I would and do usually pay cash, however if an expensive supper restaurant, I would have to stop going to the restaurant.
Tino, NYC
I frequent several places that don't take credit cards but do take debit cards.
All things being equal, if you are faced with two restaurants to choose from, and one takes only cash, that's generally the better restaurant. (they don't have to take cards, the other one does)
I don't mind cash only at all, as long as it is CLEARLY STATED. I was at a nice place for desserts last year. Four desserts, three cups of tea, and a cup of coffee. The price was over $80. Not only were there no prices on the menu (a problem to begin with), but only when they brought the check did they say cash only. There were no signs anywhere, and it wasn't on the menu. Needless to say, never going back there!
i love cash only or cash option for a discount restaurants. i would not go to a medium or high end restaurant that went cash only unless there were an accompanying price rollback.