Sunday, October 24

Is cash still king? Six in ten MoneySavers rarely or never use legal tender, according to a new MSE poll

Our latest poll, which surveyed 11,289 people, ran between Tuesday 21 September and Tuesday 28 September 2021. Respondents were asked if they consider themselves part of a cashless society, and were given a range of options to choose from.

While not representative of the UK population, the results offer a snapshot of whether or not cash is still depended on by consumers and comes as fears grow that the vulnerable and the elderly may be excluded from society as cashless payments increase.

Our results show that the majority don’t use cash regularly (61%), especially those under the age of 34. However, a large proportion still do (40%), and this increases with age.

Poll results in full-Are you part of the cashless society? How often do you use cash?

See the tables below for a full breakdown of our findings (figures may not add up to 100% due to rounding):

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