Big-name stores like Walmart, Target, and other major Texas supermarkets no longer accept certain dollar bills. We've got everything you need to know about the big changes that are coming.

Before we get to that, in 2024 Target made changes to their payment process where they would no longer be accepting checks. READ MORE BY CLICKING HERE

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Supermarkets are making a change as part of a nationwide effort to improve the security of the monetary system. The Bureau of Engraving and Printing, the Secret Service, and the Advanced Counterfeit Deterrence (ACD) Steering Committee have all worked together to enforce these new guidelines.

Why Are Some Bills Being Rejected?

The bills in question are classified as "mutilated." This means they may have cuts, damaged edges, or discoloration. These imperfections often happen due to fire damage, misuse, or even deterioration from being buried. Stores like Walmart, Target, Dollar Tree, and Costco will no longer accept these damaged banknotes.

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What Types of Bills Are Affected?

The Federal Reserve currently issues bills in seven denominations: $1, $2, $5, $10, $20, $50, and $100. While larger bills like $500, $1,000, and $10,000 are no longer printed, they are still in circulation. However, these bills can be rejected if they meet the "mutilated" criteria.

Bureau of Engraving and Printing
Bureau of Engraving and Printing
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Bureau of Engraving and Printing
Bureau of Engraving and Printing
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How to Identify a Mutilated Bill

  • Tears or cuts
  • Damaged or missing edges
  • Discoloration from water or fire damage
  • Deterioration caused by improper storage

If you discover that you have mutilated currency, don’t worry—it’s not entirely worthless. You’ll need to file a claim with the Bureau of Engraving and Printing. They provide a step-by-step guide on how to redeem damaged bills. Following their instructions carefully can help ensure you receive a replacement.

Bureau of Engraving and Printing
Bureau of Engraving and Printing
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As Texas shoppers adjust to these new rules, it’s a good idea to check your cash before heading to the checkout line. Staying informed will save you time and prevent any surprises at the register.

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Gallery Credit: Jessica Poxson

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