McDonald's rounding cash transactions as some locations run short of pennies

[Trade]

McDonald's rounding cash transactions as some locations run short of pennies

This morning I went to Walmart to pick up a few groceries and I noticed the self checkout machine gave me a nickel in change when I was expecting to get back 4 pennies. I thought I had just missed calculated, but then when I went back for something I had forgotten it gave me 35 cents back (A quarter and a dime) when I was expecting 33 cents change.

Works for me. I know Canada has been doing this for quite a few years. I don't think they even make pennies any more.

We don't need no stinking pennies.

 

[Fritz]

The only place I ever find them anymore is on the ground or the floor.

 

[Aunt Bea]

It’s amazing that a shortage is occurring so soon after the announcement that the government has decided to stop making new pennies in 2026.

Are people hoarding pennies or is it actually cheaper for mega corporations like Walmart and McDonald’s not to bother with them.

“Watch the pennies and the dollars will take care of themselves.” - attributed to Benjamin Franklin

 

[January]

of course what they will do soon is round the prices to be even numbers so no pennies in change required

 

[Been There]

I don’t understand why people still carry cash. I only carry my bank card on me. I do keep 10-$50 bills in my truck for sudden emergencies. Most stores in my area do not accept $50 or $100 bills.

 

[Oldeagle66]

I still pick up pennies off the ground. Always have and always will.

 

[Aunt Bea]

I still pick up pennies off the ground. Always have and always will.

Me too!

I will never be too rich, too fat, too old, or too proud to bend over and pick up a penny.

 

[Oldeagle66]

I don’t understand why people still carry cash. I only carry my bank card on me. I do keep 10-$50 bills in my truck for sudden emergencies. Most stores in my area do not accept $50 or $100 bills.

I always cash. I've ran into a few emergencies where only cash was accepted.

 

[MACKTEXAS]

My local news reported that rounding will only apply to cash transactions. When using a credit card, purchases and credit card payments will be to the exact cent.

 

[MrPants]

McDonald's rounding cash transactions as some locations run short of pennies

This morning I went to Walmart to pick up a few groceries and I noticed the self checkout machine gave me a nickel in change when I was expecting to get back 4 pennies. I thought I had just missed calculated, but then when I went back for something I had forgotten it gave me 35 cents back (A quarter and a dime) when I was expecting 33 cents change.

Works for me. I know Canada has been doing this for quite a few years. I don't think they even make pennies any more.

We don't need no stinking pennies.

View attachment 462685

Canada stopped making/distributing the penny in 2012. All transactions became a rounded up or down calculation at that time when paying with cash. Nothing changed with CC or debit purchases. You still get the full charge to the penny when using those payment methods.

I remember being surprised at the push-back when that happend. Some people were very upset about it

 

[MACKTEXAS]

I always cash. I've ran into a few emergencies where only cash was accepted.

Me too, and I don't use a credit card if I'm running into a Dollar store to just buy a pack of gum or a soft drink. I don't think my Dollar Tree even accepts credit cards.

 

[ChiroDoc]

I'm surprised at some of the complaining from the public about "rounding off".
If it's 1 or 2 cents, round it down to the nearest nickel. If it's 3 or 4 cents, round it up to the nearest nickel. It'll all average out.

 

[January]

My local news reported that rounding will only apply to cash transactions. When using a credit card, purchases and credit card payments will be to the exact cent.

That is how it works in Australia- card transactions still go to exact cent. And places like supermarkets round up/down the total ,not each item.

 

[TeePee]

McDonald's rounding cash transactions as some locations run short of pennies

This morning I went to Walmart to pick up a few groceries and I noticed the self checkout machine gave me a nickel in change when I was expecting to get back 4 pennies. I thought I had just missed calculated, but then when I went back for something I had forgotten it gave me 35 cents back (A quarter and a dime) when I was expecting 33 cents change.

Works for me. I know Canada has been doing this for quite a few years. I don't think they even make pennies any more.

We don't need no stinking pennies.

View attachment 462685

It will be okay as long as they round down instead of rounding up when giving back change.

 

[Fritz]

I don’t understand why people still carry cash. I only carry my bank card on me. I do keep 10-$50 bills in my truck for sudden emergencies. Most stores in my area do not accept $50 or $100 bills.

Cuz sometimes a person needs it.

 

[MrPants]

I carry both but primarily use cards vs cash.
There are a number of places local to me that simply don't accept cash. Primarily because they've had robbery issues in the past. There are also a few places, such as local farmer's roadside stands that only accept cash. That's the only reason I still carry some cash with me. Not sure what the legal repercussions are for doing one or the other. I haven't heard of anyone challenging it in a court of law yet.

 

[seadoug]

I still pick up pennies off the ground. Always have and always will.

I pick up any coins off the ground. My father was a Depression baby and he always picked up coins off the ground. He sometimes would walk by a phone booth and check to see if there were any coins in there. He had a successful career but the habit never changed. When I see a coin on the ground I know he's looking after me!

As for carrying cash, I only use it for tips at the car wash and for airport vans. My lawn man also charges $25 in cash and I leave it in an envelope on the fence every Thursday. However, my salon has started charging a 3% service fee on credit cards so I now bring in some cash each time I visit. Who knew we would have to move backwards?

 

[Coco]

I Always pick up coins off the ground because they are from Heaven. Our Grandson sends them to us.

 

[jujube]

I still pick up pennies off the ground. Always have and always will.

My grandma said that it was bad luck to see a penny and not pick it up. It meant that you were "thumbing your nose" at good luck.

 

[That Lady in PA]

This happened out my way yesterday... local grocery store accepts pennies for double value gift cards

Makes a lot of cents: Giant Eagle issues over $2 million in gift cards through penny exchange

Over 100 million pennies were exchanged.

 

[JustDave]

I stopped carrying pennies years ago. If I got them for change, they went into a change jar, and you would think I'd have a ton of pennies by now, but I don't. They just don't seem useful. Not sure about nickles either.

 

[Been There]

I always cash. I've ran into a few emergencies where only cash was accepted.

I keep a few bucks in my truck “just in case.” I keep $50 bills, but some stores and restaurants no longer accept $50 or $100 bills.
I guess employers don’t train their cashiers how to tell if a $50 or a $100 bill is counterfeit. I haven’t found any restaurant or retail shop that wouldn’t accept my card.

 

[Oldeagle66]

I keep a few bucks in my truck “just in case.” I keep $50 bills, but some stores and restaurants no longer accept $50 or $100 bills.
I guess employers don’t train their cashiers how to tell if a $50 or a $100 bill is counterfeit. I haven’t found any restaurant or retail shop that wouldn’t accept my card.

I have. Out of the way....off the beaten path businesses mostly. Just a few in the city. Or maybe stop carrying $50 and $100 bills.

 

[Jules]

Those pennies added up in my wallet. I don’t miss them. The only place I use cash is at the Farmers Market or Craft Fair. I forgot about that for the last Craft Fair and had to pay a penalty to get cash from a machine. I do keep some 5s in my purse, but that wasn’t enough. The other place I need coin is for the parking meter. I refuse to sign up to their program and agree to be tracked. It’s in the tiny print.

 

[jujube]

I keep a few bucks in my truck “just in case.” I keep $50 bills, but some stores and restaurants no longer accept $50 or $100 bills.
I guess employers don’t train their cashiers how to tell if a $50 or a $100 bill is counterfeit. I haven’t found any restaurant or retail shop that wouldn’t accept my card.

Wanna have some fun? Hand a teenage cashier a couple of $2 bills.