Your cash is no good here

Posted by Caitlin on July 29th, 2009

A popular Manhattan restaurant has issued a press release announcing its new "credit cards only" policy:

Carrying around cash is a thing of the past. Leave it to Commerce, Harold Moore's West Village hot spot, to modernize and go "paper-free," now only accepting credit cards as a convenience to its patrons. With robberies on the rise in the West Village, owner Tony Zazula also sees the switch as a safety precaution. It will eliminate the dangerous situation that employees face when walking to local banks with large sums of cash. So forget about that last-minute trip to the ATM and head to Commerce for a relaxing meal.

Could this be the start of a new trend? It is difficult, but still technically possible, to live without the convience of credit cards. But it doesn't look as though cash will be making a comeback any time soon. As our reliance on credit increases, so do the risks. It's important to use credit responsibily and to guard against credit card fraud. You may be interested in our reviews, comparisons, and FAQs if you'd like to learn more about credit cards, credit report monitoring, or identity theft protection.