[sc_rufctr]

We've had plastic bank notes for over 20 years.

They wear a little better than paper/cotton pulp but not by much. When first introduced our $10 note became faulty very quickly. The colour wore away and the security windows soon lost any security features.
They feel different to use and it's harder to stuff them in your wallet. And they can stick together so you have to be careful when paying for something.

All in all it's been positive but I don't know how effective it's been at stopping counterfeiting.
The local crooks use photo copiers and print on plastic and recently some good copies have surfaced.