Friday 23 February 2018

Banks are now buying market share with cash

'Bank of Ireland started the trend. It launched he offer. It now offers €2,000 cash back for every €100,000 borrowed'. Photo: PA
'Bank of Ireland started the trend. It launched he offer. It now offers €2,000 cash back for every €100,000 borrowed'. Photo: PA
Charlie Weston

Charlie Weston

The Government may be trying to get us to cut down on our use of cash - but, as everyone knows, cash is king.

The last Budget cut the cost of using debit and credit cards and put a 12c fee on cash withdrawals in a bid to get us to pay electronically.

But when it comes to persuading people to do business with you, banks know that money talks.

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