There are times when hundred dollar bills are useful and necessary. If your bank can’t accommodate your request, find a bank that can.
There’s a reason Zimbabwe went to trillion-dollar notes. And it wasn’t crime unless you count government crime.
I can pop them out of my ATM
(Stay Away When the Bank Is Low on Cash)
How do you know when you pull up to a bank that it’s low on cash? It’s not like they have a sign out front saying so.
The only problem I have with hundred dollar bills is that they stick together too much.
Banks are like many water districts, if everyone waters their lawn at the same time they run out of water.
What’s the problem? They are only worth 50 bucks...
100 dollar bills will buy a couple of loaves of bread and a McDonalds meal. Bank tellers are not financial whizzes.
My Credit Union’s ATM dispense $100 bills if you ask it to.
-PJ
Oh great. Another thing honest people get targeted for by the Feds. Some people keep 100s as emergency cash. Or if you are going to buy something from a private party like a car or motorcycle or furniture, etc. Are we supposed to carry piles of $20s? I’m sure they’ll go after 50s next.
"but the law-abiding masses rarely use them except for overseas travel or special occasions"
That is not true.
People driving across country, now carry bills to pay for fuel - because now, the chances of your credit card failing for some reason, is higher (somewhat because, "you are not using the card where you normally do").
And there are a lot of people on the road.
Plus, prices are up, and many cash purchases by people still working, are $150.00 or more, when they visit the store for supplies, for family and home.
IOW: INFLATION.
I can’t give this article much credibility. I used a $1000 bill to pay for one of my early teenager cars, in the late 1980s. Granted, it was rare, but not unheard of. So I can’t give much credence to a claim that all $1000 bills were pulled out of circulation back in the late ‘60s.
I always ask for $50’s......................
Any time I go to a gun show I have a pocket full of 100s, and no one has ever complained.
The $100 bill is the new twenty. Time to start printing $500 and $1000 bills again.
Problem is the Suspicious Activities Report regulations were created in 1992, and $10,000 then is equal to $22,471 today.
Another way to put it is that a $10,000 threshold today would have been $4,500 in 1992.
oh please thats only 4 happy meal combos
It’s time to bring back the $1000, $5000, and $10,000 bills.
A $100 won’t get you out of the grocery store, or gas station anymore.
I used to carry 3 or 4 twentys around for pocket change, now, it’s 5 or 6 C-notes to do the same commerce.
Getting rid of $100 bills because criminals use them is like getting rid of wrenches, because criminals use them..stupid.
I have an account at a Federal Credit Union and regularly take out $1000+ cash in $100 bills with no problem. Occasionally the tellers drawer is a little short and she asks me if I need all hundreds which she can get from the teller next to her or if $50’s will do. I just take the $50’s since it’s no big deal.