isn’t it like a debit card with extra steps? at a store I mean
They existed before debit cards and mostly before credit cards became popular.
Anyone paying with a check voluntarily these days is just either extremely stubborn and stuck in their ways, or incredibly ignorant. There isn’t a single reason I know to keep doing it.
Avoiding processing fees for using a credit or debit card is another reason, although those are becoming far less common.
Currently I only use my checkbook to look up my routing and account number for some online subscriptions so I don’t have to remember to update the payment method when cards expire.
They are a hangover from a time before debit cards existed
It’s kinda like that. More of a promissory note bc debit balances can be checked at the point of purchase. Easier to balance your account if you’re not able to use internet reliably too. They almost all have carbon copies for each check and a balance ledger.
I really only have them for big purchases. A lot of businesses added a ~2% fee for using cards on things over $1000. Which is more than I want to pay when I’m already dropping $10k on house repair or something.
its like a little paper contract, guaranteeing you will pay that amount.
that its paper means theres a physical record both parties get to keep.
Checks are completely phased out in NZ. You can’t even get checkbooks here anymore.
