Cash logistics typically cost much more than credit card fees no matter where you are located [0]. In the US, explicit cash deposit fees are typically only at ~

Cash logistics typically cost much more than credit card fees no matter where you are located [0]. In the US, explicit cash deposit fees are typically only at ~0.1-0.3% (as a consumer you don't see these but check out a business fee schedule), but there's a lot more that goes into cash logistics, including transport, the risk of counterfeiting, internal and external theft, etc. Cash discounts in the US are mostly a way to encourage the customer to collude in tax evasion. It's not an actual comparison of costs. [0] see e.g. https://sbecouncil.org/2024/07/01/the-cost-of-cash/ https://sbecouncil.org/2024/07/01/the-cost-of-cash/ for a US based analysis. this is even before you consider increased spend when people use cards.