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 Replies: 61 / Views: 7,927 |
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Pillar of the Community
Canada
695 Posts |
Went to Home Depot (self serve lane)last night for a conector for my new dishwasher. Total after tax $6.64, put a $20 into the machine got $13.40 back. It seems that Home Depot rounds down no matter what. Good on them.
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Moderator
 United States
189340 Posts |
Most business would be wise to round down on all transactions. It is easier and the money lost is still less that what the banks take for electronic payments.
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Pillar of the Community
 Canada
3690 Posts |
Just saw this on Twitter: "Purchase was $4.91. Tried to give the cashier $4.90, says she still needs the penny. I give her $4.95 and get a nickel back. Okaaaay.." Hilarious.  Edited by CC-Ottawa
02/14/2013 1:51 pm
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Pillar of the Community
Canada
548 Posts |
I have noticed most places give you the exact total of your purchase, which they must because they (mostly) don't know how you're going to pay. With cash, most round up or down, depending on store policy. With plastic though they'll charge you the exact amount, to the last invisible penny.
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Moderator
United States
189340 Posts |
Quote:
Purchase was $4.91. Tried to give the cashier $4.90, says she still needs the penny. I give her $4.95 and get a nickel back. Okaaaay. |
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Pillar of the Community
Canada
746 Posts |
Went to the post office yesterday to send a package. I use my own stamps, but I was off by one cent. So I asked the clerk if I could purchase a one cent stamp. Well the clerk said: "we can't sell just one 1 cent stamp because we can't accept pennies and we would have to round either up or down; so we only sell them in stacks of 5." So I said, "ok, I'll take 5. Clerk said, "oh, I'm all out. Someone cleaned me out of my penny stamps!" (I cringed, thinking, now people are starting to hoard 1 cent stamps)!  So I said, "how about 2 cent stamps... I'll take two 2 cent stamps and place one on the package. I'll just be over by one cent.." Clerk said, "ok, the total will be 4 cents, but then we will have to round it up to 5 cents." So, getting tired of this pettiness, I just agreed to pay the 5 cents for 4 cents worth of stamps. After I paid and put the 2 cent stamp on the package, I realized that I should have asked for three 2 cent stamps and have the clerk round down to 5 cents. After all, I did put one penny too much on the package. So I was actually ripped a penny! Clerk whistled a happy tune as I left...  Anyway, all that fuss for a one cent stamp! So, I wonder if someday they'll do away with the 1 cent, 2 cent, and 3 cent stamp and just round off the stamps to the nearest 5 cent stamp!  |
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Pillar of the Community
Canada
3692 Posts |
allspice: you should go back and buy 3x 2cent stamps over and over again throughout the day. That'll force them to either pay you in 1cent stamp or to stock up on pennies again. I thought this transition to a non-penny world was supposed to be painless but it's worse.
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Pillar of the Community
Canada
1505 Posts |
Was at a Mac's store yesterday, when it is their favour they round to the nickle, otherwise they give you change with pennies. Kind of funny, but I guess with lots of small transactions 1-2% can be huge.
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Moderator
Canada
10460 Posts |
I was owed four pennies, but all I got was a Nickleback - it was horrible!  "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
Edited by SPP-Ottawa
02/18/2013 5:51 pm
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Moderator
United States
189340 Posts |
Quote:
I got was a Nickleback - it was horrible! You poor soul.  |
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Bedrock of the Community
United States
10038 Posts |
Amazing - all the "official" hubbub about the "worthless" penny and yet a thread like this exists that shows the common man placed value on them in monetary transactions. Both businesses and people are referred to here as wanting/missing them. I hope the US is smarter on this one than they have been in previous years considering other monetary changes.
Yes, eventually the system will be worked out to go more smoothly, but its just funny how humankind has to mess things up royally in order that the powers that be can call it "simplified" and "better."
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Valued Member
Canada
453 Posts |
I'm finding that I get through a checkout a little more quickly. Neither customer nor clerk has to spend time counting out pennies.
I think this is going to work well, once everyone gets the hang of it.
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Valued Member
Canada
292 Posts |
I still use pennies at those businesses that will take them. The other day I was at a grocery store and the clerk asked if the pennies I handed her were the last of them. I couldn't help but smile as I envisioned the $175 worth of pennies still sitting in banker boxes waiting to be sorted at home.
I have found that in a few stores I've been at, they've rounded up even though they should have rounded down.
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New Member
Canada
10 Posts |
gotta watch Walmart. they tried to round electronic transactions to.. caught that once already! |
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Pillar of the Community
Canada
3690 Posts |
The penny is alive and well. Purchased two stamps at a Canada Post Office on Friday March 21st. The total was $1.42 and I received 58 cents in change. Guess I should have demanded 60 cents?  |
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Posted 02/11/2013 12:43 pm
