Tried to go to bank to pick up cent rolls for my kids last week and learned they are basically unavailable from banks now. How are folks acquiring cent rolls? There are hundreds of billions out there so surely they are out there.
There's 300 billion pennies in circulation somewhere, but almost nobody is bothering to take them to the banks. You can try on eBay but sellers are convinced they're worth more than I think they are, so good luck... Maybe get your kids nickels instead.
This is wierd, I think that I am going to try and get some rolls or a box from the couple of banks that I use. I can see a gas station rounding, the local krogers do. Lowes doesn't, Ace doesn't, most of the business I use give back full change. I wonder how much that this is related to your area and how plastic is used instead of cash.
A month or so ago I asked at my bank and they said they get them when customers roll their own rolls and bring them in and they said they'd give me a couple as long as it wasn't too many. I haven't tried lately. I also wanted to get them for my kids. I never got a 2024 or 2025 cent of each mint for our Whitman folders and I hate to buy them on eBay.
Since cents are no longer being minted everyone is holding onto them speculating that they will be worth more than once cent each.
All the stores here (South Central Texas) charge 3% when using credit card. So, most people use cash or checks. The guy at a local auto repair shop told me to take my car and go home. Come back tomorrow with a check or cash. It was over $1000. 3% would be over $30.
Used to see this at gas stations a long time ago (though they framed it as a discount for using cash rather than a charge for using credit lol) but honestly not seen it since; no place anywhere near me charges a fee for using credit or debit, and in fact most retailers if anything seem to prefer payment that way over cash. Anyone actually charging a fee to use a card is just something I don't see anywhere around where I live. Retail establishment I work at I would say like 98% of our transactions are with cards; I see a check maybe once or twice a week at most, and usually by people paying on their credit account. Weirdly one coin store I went to insisted on only taking cash for coins (even though I know I've bought from them before using debit) and insisted it was their policy for some reason. But the other coin store I consider my main one has never made that insistence, so... no idea why the other made an issue out of it. At coin shows a few of the vendors insist on cash just because they didn't bother to bring card readers with them.
We charge but that is handyman work. We take check or will use a routing #, A 3.9% fee is added to the bill if you pay with a card. Edit: We don't take cash
That's interesting. I've been one of the folks yelling for years that CC transaction expenses ought to be made more visible to customers, but I didn't realize there were locales where it had gotten very far. I figure if a customer wants to use a payment method that costs the merchant more, the customer should pay the difference. Otherwise, they're just making all the other customers pay the difference.
Weren't tax's implemented during the war effort? WW2. They were supposed to be eliminated after the war.
I live in the Chicago suburbs and a lot more businesses have been adding fees for credit cards in the past few years. Never used to see it but as soon as a few started doing it then everyone else started piling on. I always try to check for a sign before I use my card to make sure I'm not paying more. You see it probably in businesses that tend to have smaller value transactions like pizza places. I've come to expect coin stores not to take credit. The one I go to most often didn't used to and then they started taking it but they'll charge you a fee if you use it for bullion but not for coins. The sports card stores around here will give you a discount if you don't use credit as well.
