Thread: Good Banks?
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Old 03-07-2010, 06:55 AM   #77
BonzoHansen
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Quote:
Originally Posted by Tsar View Post
Wasn't trying to be arrogant, from my experience 2 kinds of establishments don't take credit cards. 1. Small places, that don't want to pay fees associated with CC transactions, and 2. Places that do not want to pay taxes.

It's beyond me why "number 1 steakhouse in NY" would not take credit cards. Some people, me included, don't carry 300 to 500 dollars in cash for dinner and few drinks. If I came to any 4 or 5 star restaurant and they told me they wouldn't take my money (CC), I would take my money else where, it's that simple. Steakhouses aren't a rarity these days. And I bet I can find another "number 1 steakhouse in NY" within 5 blocks that would be happy to charge my AMEX.
If you choose to not buy something because having some cash is an inconvenience, that's too bad. But at least we can agree this is wrong:
Quote:
Originally Posted by Tsar View Post
Why would you use an ATM anyways? You can pay for everything with a CC... 20 days later pay the CC in full. No cash needed.
Another CC use tidbit. One of the top areas for CC and ID theft? Restaurants. Another place I'd avoid using plastic is at a bar/nightclub, like Jenkinsons and such. Both for fraud reasons and to keep things from getting out of hand (how the hell do I have a $300 bill! lol).

The old saying 'cash is king' still holds true.
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