Thanks to the New York Post, we know there’s a 48-year-old man named Richard Cruz somewhere in Manhattan who’s hoarding his daughter’s college fund in a shoebox. We even know what he looks like, because in the photo that accompanies the article, Cruz is posing on the sidewalk with his withdrawn cash like he just won the shoebox lottery. “‘No one hides their money under a mattress any more,’ he said. ‘That’s the first place people would look.'” Good thinking.
cash
Michael's: "It's Store Policy Not To Accept Change"
By 9.27.08
Hayden wanted to buy a $4 wood plaque for his mother as part of a last-minute birthday gift, but Michael’s wouldn’t accept 16 quarters as payment. “It’s store policy not to accept change,” a cashier explained, forcing an embarrassed Hayden to borrow a few bucks from his younger sister.
Timberland Offering Up To $150 To Recipients Of Its Text Message Spam
By 9.24.08
Under the terms of a preliminary settlement agreement, [Timberland and e-commerce company GSI] will pay $7 million into a cash fund to reimburse those who received the messages, according to KamberEdelson LLC, one of the law firms that helped bring the suit.
Canon's Rebate Program Is Blurry And Poorly Lit
By 9.22.08
Brett has now been the victim of two failed rebate attempts through Canon. They ignored the first one, and rejected the second one with a claim that he can clearly disprove. He’s trying again. Unfortunately, it looks like Brett’s experience with Canon isn’t unique.
No More Cash On Southwest Airlines
By 9.3.08
Southwest Airlines will no longer be accepting cash for drinks on board their flights. The airline will “accept credit and debit cards and Rapid Rewards drink coupons for items that carry a fee, which also includes cocktails and energy drinks.” [CNNMoney]
Airlines Have Bumped 343,000 Passengers This Year
By 8.23.08
Over a quarter-million passengers were bumped from flights in the past eight months, a number that is set to grow as airlines try to boost anemic profits by slashing fleets. The Department of Transportation requires airlines to compensate bumped passengers with cash or vouchers, but savvy passengers can leverage their situation to negotiate heftier payments…
Home Depot Asks: "Why Pay Cash Even If You Could?"
By 8.18.08
Reader Dan thought we’d be interested in this sign he spotted in his local Home Depot. It reads: “Why pay cash even if you could?”
By 8.15.08
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As of August 5th, Alaska Airlines no longer accepts cash on its flights. In their words, welcome to “the convenience of a cashless cabin. Passengers will no longer need to hunt for cash to pay for on board purchases.” Finally! All that cash flitting around the cabin hurting people is a thing of the past. [Personal Finance Weblog]
Target Has 79-Year-Old Taken In For Mental Evaluation After She Demanded Cash Refund
By 8.14.08
79-year-old Christina Brown had a sales receipt and bank records showing that Target had taken cash from her bank account, but the retailer refused to give her a cash refund — offering a gift certificate instead. Christina refused. She wanted her money, and said she’d stay at the Target all day if she had to, but she wasn’t leaving without $30. Target told her she was trespassing and that they would call the police. Christina said that was fine with her and called 9-1-1 herself. When the police arrived, Target had Ms. Brown hauled out of the store on a stretcher and taken via ambulance to a hospital for a mental evaluation. Does wanting a cash refund mean you’re potentially mentally ill?
Bank Of America: Exploding Dye Packs Aren't Just For Heist Movies Anymore
By 8.13.08
A Bank of America customer got a nasty surprise after withdrawing cash to pay her employees — a dye pack exploded in her car. When she went back to the bank to complain she says she didn’t even get an apology.
Twelve "Necessities" That Drain Your Cash
By 6.20.08
Almost everyone is looking for ways to save money but they often overlook making cutbacks in areas they consider necessities. It may seem reasonable to do so until you consider that some of these necessities may not be necessary at all. An article by Bankrate.com suggests that if you take a serious look at some of these so-called necessities you may find more savings than you thought possible, therefore, they have put together a list of 12 common “necessities” which could be draining your cash. The list, inside…
Paying Your Verizon Bill With Cash? That'll Be $3.99 Extra
By 6.7.08
Employees at the Verizon store in Millington, Tennessee told reader Josh it would cost an extra $3.99 to pay his bill with cash. According to the employees, the charge was to offset the cost of “new money software.”
Are You A Sucker For Using Your Credit Card?
By 5.18.08
Nationally syndicated personal finance columnist Michelle Singletary thinks you’re a sucker for using your credit cards, even if you pay off your bills in full each month.
Apple Escorts You From The Store For Trying To Purchase An iPhone With Cash
By 5.12.08
As loyal readers already know, Apple doesn’t accept cash for the iPhone — a policy they say is designed to discourage resellers from getting their grubby little hands on the precious cellphone. This policy does have a tendency to backfire every now and then when a legitimate customer wants to purchase an iPhone with cash. Meet Alex Palen– he was refused an iPhone because he doesn’t have a credit or debit card and was escorted from the store when he asked another customer to accept cash in exchange for charging the phone to their card.
RadioShack Won't Give Refund On Cash Purchase Unless You Show Your Papers
By 5.8.08
RadioShack’s whole collecting-your-personal-data nonsense is old news, but it’s not just for purchases anymore. When Pete tried to take back some potentiometers he’d paid for the day before with cash, the clerk refused to give him any sort of refund—even a store credit—without Pete’s physical address.
Target's Super Secret Return Policy
By 4.30.08
Consumer Reports tells us that Target’s strict “No receipt, No return” policy has an “unadvertised” loophole — you can return items of less than $20 for store credit. The catch? You can only do this twice a year.
By 4.18.08
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From a Digg comment on our post about a WaMu branch telling a man saying they didn’t have enough money on hand to let him withdraw $4200: “funny because i had the same experience at a Wamu. My wife had trouble cashing a $5000 check and we had to drive around to three branches until finally, after insisting continuously, that they finally cashed it!”
