jokes only people who’ve been broke and struggling will understand.
Not strictly true.
If you have a card long enough (several years between issue and expiry, say) and you use it often enough, the magnetic strip can start to fade and transactions can fail. More and more often. Edit: It might have been a chip problem rather than a magnetic strip problem. I can’t remember now, but it makes no real difference to the story.
And sometimes there might be weeks with no trouble and then you’ll get that one card reader that’s particularly finicky and there’s a cold sweat moment as you realise you don’t have enough cash. “Try it again. It’s done this before.” Please work. Pleeease.
This usually happened to me in the supermarket, so that scene from InnerSpace was playing on loop in my head.
After the third or fourth time, I called the bank and they sent me a new one ASAP.
Magnetic strip? Is that still a thing? All terminals I’ve seen in the last decade or two use the smart card or the NFC. Magnetic strip is insecure.
Magnetic Stripe is still used in the US as a backup because some places still don’t have the chip nor rfid thing in their transation terminals.
My card doesn’t even have a mag stripe
It actually might. The strip doesn’t have to be visible to work.
It doesn’t. They’ve been phasing them out here for a couple of years.
This was a long time ago. I think the replacement card I got was the first I got that had a chip in it.
Or I’m misremembering and it was the chip on the card that was acting strangely. Either way, the card was basically worn out.
My chip is a couple years old and has started to cause issues on occasion with the more finicky readers. I just tap when that happens, but it’s still annoying when it does.
You get a different error message when that happens though.
Definitely used to be big issues with the magnetic strip. Some cashiers who deal with it enough even had tricks to help the card be read. Like using a pizza slice baggy.
Or just shitty cards readers.
Chips and contactless are so much better
The little chip contact on my debit card started getting flaky with certain machines. Finally, it wouldn’t work at all, and I had to use my credit card to pay for groceries. I never use my credit card, I wasn’t even sure it still worked. Then I had to remember to pay my credit card before the end of the month.
The only other time I replaced a debit card is when I lost one. When I chose the “lost or stolen” option from the dropdown, my card was immediately canceled, and I got the message I’d get a new one in the mail in a few days. I had to use my coin stash to put gas in my car, and I ate from the back of the pantry till the card showed up. Cut it close there, I didn’t know that was going to happen, and didn’t plan ahead.
Two comments for you:
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Using your credit card for all that incidental stuff and paying it off in full each month is a good way to build a good credit history/score.
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If you lose you card again, remember that you can withdraw cash without it by going into the bank.
Also gets you credit card rewards. I’d rather not have those transaction fees baked into prices but it they already are you may as well benefit and take back some of the fees they charge.
Yeah, that’s an excellent point.
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i always use the nfc, and the chip only as a backup. then i have a little cash for backupbackup
Lemmy is number 1 for intentionally missing the point. I thought it was reddit but nope.
No, actually you still don’t get it.
your mild inconvenience of your card not working, does not compare to the dread of not knowing if you will eat today, and by the way, the cashier KNOWS if your card is not working or the payment is rejected. so, you can add that shame to the experience.Lesson here: you’re not actually smarter than the person you replied to, just more ignorant of other peoples lives.
No. You’re right. I’ll never completely understand until my bank account goes negative. Or I have no bank account. And I have to go a day or more without eating.
But I do have anxiety. And a very limited income. My grocery shop spend for two weeks now is about the same price as I paid for one week, fifteen years ago. I have to budget every little thing.
So while I can’t fully understand, I have more understanding than you think I do, and it’s not just me that needs to be careful about ignorance.
sometimes banks will randomly reject payments for “security reasons” even if there is enough money.
I spend from a different bank account than the one I get my paycheck in, so I need to refill my spending account periodically.
Usually when I try to pay and it’s declined. So I get declined from time to time, and it’s not because I’m broke. It course I’m not explaining all that to a cashier, instead I just panic.
For these cases I keep a tiny bag filled with colourful pieces of paper and metal discs in various sizes. Strangely the cashier seems to accept them as means of payment.
I tried this once. security kicked my ass and told me to not come back with monopoly money again.
Funnily enough, my country’s bills do look like Monopoly money. So much so that I tried to get smart with my friend by offering him some bills for his Boardwalk, but he slapped down my shit and told me to get some get real Monopoly money. :(
you have never been poor, have you?
Obglatory not OP, but… When I was younger and pretty broke I preferred paying cash. It was very easy to keep track of my spending rate and there was no risk of getting declined.
Interestingly I read somewhere (from a Behavioral Economics book, I think) that people who pay in cash in average spend less than people who pay by card.
Paying cash involves literally giving out something physical which you own, whilst paying by card is just a number in a screen that you say yes to, and it’s theorized that the actually parting with something physical like cash makes people more wary of spending because of the higher unpleasent feeling of losing something.
Certainly looking at myself, actually counting and giving away €100 in notes does feel more unpleasant that merelly saying yes to a screen showing the number 100.
All this to say that for poor people it actually makes even more sense to pay in cash.
That’s exactly why I preferred cash when I was in my 20s, but there’s a catch. Completely avoiding the credit system isn’t good for longer term finance either. In the US at least, no credit can be worse than bad credit. This makes it hard to escape the poverty trap even if you get finances are in order.
There’s another catch if you’re not using a card with rewards. (As I understand it this is mostly a U.S. thing, other countries don’t do this.)
Every year when I take my big vacation my wife and I get 1-1.5 of our international business class tickets paid for by rewards on one card and about half of our hotel suites (about 10-11 nights) paid for by rewards on another card. If you’re paying cash or using a card without rewards, you’re paying for my vacation.
Places with different prices for cash and cards are vanishingly rare. Mostly because card processing companies try to penalize places that do this. So everyone pays higher prices to pay for the higher processing fees for reward cards. If you aren’t getting something back you’re just paying for people that are.
Have been. Still not rich.
Money is very physical. When you give it away you can see that there is less remaining. Helps to keep track of your expenses.
I have to wonder what kind of child hears someone say that they pay in cash rather than use a card and assume that they’re rich.
I have to imagine you are so fiscally deficient that the 2% or so card transaction fee doesn’t even register to you. Did you know that especially some Mom and Pop shops will charge less when using cash for that very reason? Gas stations even advertise cash rates for gas.
Ignorance and arrogance are a horrible combo.
People don’t think it be like that, but it do.
I always check my account before going to pay just to avoid this. I don’t even leave my house to buy something before I’ve made sure I have enough money.
It can happen even then. A few years ago, my wife and I had lunch at a burrito place, then walked across the shopping center and did our grocery shopping. Same card was declined the second time, no issue on our end, plenty of credit limit available, just some fraud trigger went off at the bank (I don’t remember details).
My banking app gets more screen time than my media apps.
I gotta say, moments like these made me consider communism
Back in the old days the cashier would have a booklet with valid credit card numbers. Sometimes they’d have to call the bank, and occasionally, the bank would tell them to confiscate the card.
Why I always carry cash too.
This comment here reminded me that I actually have cash in my wallet. Thank you!
I wouldn’t worry so much for the cashier as the people behind me, if looks could kill!
I do some fistpumps when it clears now, i’m spending my money, on stuff I want, LETS GOOOOO
u/lawrence - you have the most bland, vanilla sense of humor! You probably think watered down ketchup is too spicy.
thanks for making the community dull and unfunny - ban yourself or change the community name to comicstrips_for_9_year_olds
It hurt you didn’t it?
Did you make this account just to be a dick?
Going by the username, probably.
For the record, yes there are people that do this. They get banned so have to make a new account every time they want to be a dick.
I wonder where your username could have come from.
One of life’s great mysteries.
I would have just moderated this as ‘not polite’, but the comment was so strange that the admin banned the guy.
Going by the username, they don’t seem to be interested in engaging in good faith.
I like your comics Lawrence, and I hope whatever’s going on in his life gets better
most useless novelty account. 0/1, blocked and moved on.
You are whats wrong with the internet
Thanks for, at least, trying to make this place less boring by making such interesting comments. You made at least 1 person laugh.
