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Some McDonald’s Have a New Cash Policy—What You Need To Know

Some McDonald’s Have a New Cash Policy—What You Need To Know

Summary

Some McDonald's locations in the U.S. have started rounding cash transactions to the nearest five cents because of a penny shortage. This change follows the U.S. Mint's decision to stop making pennies, a move aimed at cutting costs. Not all McDonald's locations are doing this, but many are in areas where pennies are hard to find.

Key Facts

  • McDonald's is rounding cash totals to the nearest five cents due to a penny shortage.
  • The U.S. Mint stopped producing pennies on November 12, after a decision by President Donald Trump.
  • The cost to produce a penny had risen to 3.69 cents, prompting the stop in production.
  • McDonald's says this change does not affect card payments, which still use exact amounts.
  • Menu prices remain the same, and customers can use cashless methods like credit cards.
  • The rounding applies when cash totals end in certain numbers: for example, 1¢ or 2¢ round down and 3¢ or 4¢ round up.
  • The policy is not nationwide and depends on the location experiencing penny shortages.
  • Ending penny production is estimated to save the U.S. $56 million annually.

Source Information