Although cash’s role is being replaced by electronic payment systems, it is still a small part of the money supply and makes payments prompt and convenient. Many retailers offer good bargain for those who pay by cash. Certainly, customers with cash in their wallets will enjoy bargaining chip. Besides, using cash can keep you spending under control and you have to pay no interest payments. What’s more, you can get discounts for paying cash if you buy some certain items. Following are five things that you can purchase at a lower price when you pay by cash. Let’s check out now.
Gas
Some large national chains offer one price for certain items no matter how you pay. Meanwhile, some others offer discounts for customers who pay by cash. Customers can get three cents per gallon when they purchase gas at Jacksonville-based private company Gate Petroleum and pay with cash purchased fuel discount cards.
According to a recent survey by GasBuddy.com, 3% of over 15,000 respondents said that almost all of stations in their area offered cash discounts.
Medical and Dental Procedures
Doctors and hospitals usually increase their prices as they know insurance companies will not pay full price. So why don’t you ask them to knock down the price a bit if you do not have insurance.
Gym Memberships
If a customer commits to be a member of a gym and fitness center for a certain period of time, he/ she will be entitled to receive special rates.
Insurance
Many companies are willing to let you pay your insurance premiums in monthly installment, but you have to pay “service fee”. However, some companies offer free fee if you agree to an automatic monthly electronic payment.
Property Taxes
Homeowners can get a discount if they pay their taxes by a certain date. Miami-Dade Country offers a discount of 4% to those who pay their taxes in November.
Economics is the study of our lives,our jobs, our homes, our families and the little decisions we face every day. Thus, I am keen on reading and studying economic issues.
Things Become Cheaper with Cash