at my apt. complex they installed new washer and dryers w/cash card readers. I find it slightly inconvienient b/c I have to goto the main building to fill the card w/cash (but it does take credit card and debit). Other than that, it is slightly easier b/c I don't have to store $15 in quarters for laundry day.
I stopped using cash about 3 years ago. I keep two checking accounts and one savings account. I have a seperate check card for the second checking account and I transfer money to it for purchases (even at the grocery store just incase someone hits and extra zero and empties my account).
>I have to goto the main building to fill the card >w/cash (but it does take credit card and debit).
The problem I see is that it's probably easier to get the money in than to take it back out of such a 'stored value' system again.
If you're lucky, it's something like laundry, where you'll use the services later. Even then, though, the firm offering the account service gets to use your money for free until you request it be applied to some goods or services.
You want an easier laundry day? Ask them to set the machines to accept $1 coins.
Go with a credit union, then - the only fee I pay is if I use an ATM that's out of their network, which is easily avoidable (particularly since I rarely carry cash anyway)...
get an interest free checking account. They are usually quite limitless. I use a savings account for interest. Most banks allow unlimited transfers between accounts while using webbanking.
I have no fees unless I use an ATM that is out of the network. There are so many of these ATMs here that I rarely have a problem unless I go out of state.
Bill
Let your apartment complex know that need an upgrade to credit cards and debit cards or you going to move out. It would be so much easier to do it that way, but who's willing to pay. It's always ours, but I would pay a few hundred more a month for some cutting edge centrally managed biometric reader technology on the laundry machines. With a network of those same type machines all accross the US. ATM's, POS, soda machines, cars, etc. Let's start a new company called BIO___... well it's already taken anyway. We will start this sweet new start-up company....man this going to get tricky getting this one of the ground.
How in the hell would you start implementing something like that anyways? Call Visa I guess! I'm all for convienience. GO BIOMETRICS!!
"Be there. Aloha."
-- Steve McGarret, _Hawaii Five-Oh_
well just last week... (Score:3, Interesting)
I stopped using cash about 3 years ago. I keep two checking accounts and one savings account. I have a seperate check card for the second checking account and I transfer money to it for purchases (even at the grocery store just incase someone hits and extra zero and empties my account).
Once Wendy's and drug dealers take CC's I am set.
Re:well just last week... (Score:1, Funny)
Now all you need is the drug dealers to take them and then they can track you down by the paper trail.
Drugs and Credit Cards (Score:2)
I read (somewhere, back in the late eighties?) that a majority of twenty dollar bills tested positive for micro-traces of cocaine
Re:Drugs and Credit Cards (Score:1, Funny)
http://www.urbanlegends.com/drugs/cocaine.money/co caine_tainted_money_wsj.html [urbanlegends.com]
You typically use a credit card to set lines of cocaine, of course. Not that I'm sure anyone's actually snorting it anymore.
Re:Drugs and Credit Cards (Score:1)
It may be true... (Score:5, Interesting)
And I tend to believe Snopes.
Re:It may be true... (Score:1)
What does that say?
The Big Scam (Score:1)
The problem I see is that it's probably easier to get the money in than to take it back out of such a 'stored value' system again.
If you're lucky, it's something like laundry, where you'll use the services later. Even then, though, the firm offering the account service gets to use your money for free until you request it be applied to some goods or services.
You want an easier laundry day? Ask them to set the machines to accept $1 coins.
Re:The Big Scam (Score:2)
So then they could charge me $2 per wash instead of $1.25 or $1.50? I don't think so.
Re:well just last week... (Score:2, Funny)
and how much do you pay... (Score:2)
I could go completely cashless, if I didn't mind losing 5% of my income to bank fees...
Re:and how much do you pay... (Score:2)
Re:and how much do you pay... (Score:1, Offtopic)
I have no fees unless I use an ATM that is out of the network. There are so many of these ATMs here that I rarely have a problem unless I go out of state.
Re:well just last week... (Score:1)