Health of Cash 2018 Report

Dec. 5, 2018 Share Source
The latest of the independent Cardtronics reports, Health of Cash 2018, finds that cash is critical to the US economy and, luckily, the most enduring and universal payment option.

The many statistics offered by the Cardtronics study on cash and payments show how cash is still king when it comes to paying back friends and family, with seven in ten of those interviewed said they preferred to use cash to pay back loved ones.

When it comes to general cash use, 37% of respondents said they use cash more than in previous years while 81% stated that they use cash as often if not more often compared with 2017.

Key figures

  • 81% use cash as frequently or more frequently than in 2017
  • 73% use cash regularly despite having more payment options despite having more payment options available
  • 70% of people still prefer using cash to pay back a friend or family member
  • 64% feel nervous when they don’t have cash on them

Excerpt from Health of Cash 2018 - U.S. Edition

The study’s results showcase once again that no single payment method dominates for consumers – each payment method, cash included, has its preferred use cases, and consumers demand choice. In addition, the study finds that the intrinsic attributes of cash haven’t changed in consumers’ minds since the annual survey began and that cash, this steady, stable payment method, remains a go-to for consumers of all ages and income levels

Cash matters. Cash is critical to the U.S. economy. Cash maintains an important, even cherished, role within a diverse payments mix.
" Introduction (p. 1) Health of Cash 2018 report Cardtronics (Dec 4, 2018)

While various payment options jockey for position in consumers’ physical and virtual wallets, cash remains steadily available and steadily used, providing benefits that make cash unique among payment methods.

Download full report here

About the Health of Cash
This annual study on cash and payments within the United States is sponsored by champions of cash, Cardtronics. In its fourth year, has offered insight into the value of cash for Americans, finding that'cash is woven into the very fabric of society. Cash is… a good meal with friends, learning financial responsibility, giving, caring, durable, and so much more.'

About Cardtronics
Cardtronics provides convenient access to cash and financial services where they are needed most. The company deploys its assets and expertise improving the competitive stance of retailers and financial institutions alike through innovative ATM programs that deliver more value for all parties.

Last Updated: Dec. 6, 2018