Why Germans pay cash for almost everything

Re:Why Germans pay cash for almost everything by herbst on Tuesday August 08, 2017 @12:36PM (#14959569)

For me it's a different world anyway. Currently I carry about $300 in 4 currencies, a debit card and a credit card. I travel a lot and without a stack like this I would have been stuck many times.

The credit card never really saved me. It really just is there to make life a little easier.

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Re:Why Germans pay cash for almost everything by alasdair_ on Tuesday August 08, 2017 @02:23PM (#14960902)

I just got back from a four-country trip (3 currencies) and having a credit card was very useful for hotels and car rental places that want to "pre-authorize" charges (often 250 EUR or more).

When I tried using my debit card and they ended up taking the money and then refunding it over a week later.

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Re:Why Germans pay cash for almost everything by herbst on Tuesday August 08, 2017 @02:51PM (#14961202)

Good point. I don't drive car but in western countries I basically had to pay the bikes worth as deposit because I didn't carry a credit card. Plus this was seen as super unusual (even having a this high euro amount on hand was seen as suspect)

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