Our mission and responsibility is to maintain public confidence in U.S. currency
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.
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.
Consumer Payments and the COVID-19 Pandemic: A Supplement to the 2020 Findings from the Diary of Consumer Payment Choice
In the 2020 Findings from the Diary of Consumer Payment Choice, data from October 2019 show that consumers used cash for 26 percent of all payments, and that it is used for nearly 47 percent of payments under $10. To gain an understanding of how the COVID-19 pandemic is impacting consumers’ payment choices, the Federal Reserve conducted a supplemental Diary survey from April to May 2020, which provides initial insight into how payment behavior is evolving in the midst of the crisis.
In its sixth iteration, the Diary of Consumer Payment Choice data show that consumers used cash for 26 percent of all payments, and that it is used for nearly 47 percent of payments under $10.
Video: Cash Connect
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.
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.
Did You Know?
The Twelfth District has cash operations in San Francisco, Los Angeles, Salt Lake City, Seattle, and Phoenix.
While online shopping continues to grow, 73 percent of payments were made in-person. For these in-person payments, cash accounted for 35 percent of the volume. Learn more about cash trends in our latest FedNotes paper.