Cash is the most common form of payment in the United Kingdom, but there are a few other ways to make your own purchases.
Here are the top tips for getting the most value out of your cash.
Buy your own.
UK gift card retailers can charge a fee if you don’t buy the card directly from the issuer.
This fee is usually waived if you use a debit card or have a credit card with a low balance requirement, but not always.
If you don “pay with cash”, you may be charged a charge.
But this can be waived if the merchant has your permission to charge.
If they don’t, the merchant is likely to charge a transaction fee.
Use an ATM or credit card.
If the card issuer offers a prepaid card with an ATM, it’s possible to pay with a card without any cardholders knowledge.
If your card is not compatible with the ATM, you may need to pay a transaction or charge fee.
Use a credit/debit card.
You’ll often need to use a credit or debit card if you need to transfer funds to a bank account or to withdraw money from a credit-card account.
If that’s not possible, the card company may also charge a small transaction fee to use the card.
Use your credit card at an ATM.
Some card companies will accept payment in cash at an ATMs, and some banks may also accept payment by card at their ATMs.
But it’s best to use cash only if you can pay with cash and it’s safe.
For example, you can’t use a cash card at a bank ATM if the ATM is not in your home.
For more information on how to pay cash online, see: How to pay for goods and services online.