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Cash Trends

Can you separate cash facts from common myths? See how much you really know about cash with this updated and expanded quiz.

Genuine U.S. currency may still be worth its face value even if it becomes damaged. Here is what you need to know about mutilated currency, what mutilated notes might qualify for redemption, and tips on how to submit your request for possible redemption of those notes.

Money Adventure Mobile App is Now Available

The U.S. Currency Education Program’s first mobile app has arrived! Money Adventure is an interactive smartphone and tablet app that helps students learn about the security and design features of Federal Reserve notes. Visit the App Store on your iOS devices to download Money Adventure! The app will be Android-accessible in late 2019.

Fed Notes

The 2023 Diary of Consumer Payment Choice finds that that 2020’s shift away from cash and toward credit card payments has continued. Consumers continued to reach for credit cards at a higher rate in 2022. Their use of on-line payments also remained elevated as compared to pre-pandemic payment habits. By contrast, consumer use of debit cards and cash held steady at 2020 levels. These are some of the prominent findings from the most recent consumer survey conducted by Federal Reserve Financial Services.

The 2022 Diary of Consumer Payment Choice finds that the COVID-19 pandemic has continued to affect the way U.S. consumers use and hold cash. The share of payments made in cash dropped sharply from 2019 to 2020 and then increased slightly in 2021, implying that cash use hit its lowest point in the first pandemic year. In contrast to cash use, consumers’ cash holdings remained elevated in 2021 when compared to 2019 and prior years, indicating that consumers continued to demand cash in the uncertain environment of the pandemic’s second year. These are some of the prominent findings from the most recent consumer survey conducted by Federal Reserve Financial Services.

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Video: Cash Connect

Who Holds Cash?

Today’s consumers have more choices than ever in how to pay. In our first Cash Connect video - Who Holds Cash? - Federal Reserve Cash Product Office Policy Analyst Claire Wang asks San Francisco residents about their cash holding and spending habits. See how you compare to these testimonials.

Cash Facts

Cash Facts About Today's Currency

Explore the design features and security measures in $1, $2, $5, $10, $20, $50, and $100 notes that help ensure the integrity of the cash you use.

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The Twelfth District has cash operations in San Francisco, Los Angeles, Salt Lake City, Seattle, and Phoenix.

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Cash News

The share of payments made in cash dropped sharply from 2019 to 2020 and then increased slightly in 2021, implying that cash use hit its lowest point in the first pandemic year. Learn more about cash trends in our latest FedNotes paper.

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