Target will stop taking personal checks

The retail giant said very few of its customers are paying by check anymore

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Target is telling customers to leave their checkbooks at home.

Starting July 15, the retail giant will no longer accept personal checks, USA Today reports.

Target, which did not immediately return a request for comment on Monday morning, said very few people were paying by check at its stores.

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“Due to extremely low volumes, we’ll no longer accept personal checks starting July 15,” it told USA Today. “We have taken several measures to notify guests in advance to aid an easy and efficient checkout experience.”

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Target still takes a variety of other payments, including cash, digital wallets, SNAP/EBT, and credit and debit cards. Customers can also use pay-later services, the company said.

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People with a Target Circle Card will still be able to pay off their balance by mailing checks to Target.

It’s not just Target that is seeing a decline in payment by personal check. The Federal Reserve Financial Services reported that personal checks comprise a meager 3% of payments made in 2023, down from 7% in 2020.

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Credit and debit cards remain the most used forms of payment in the US, followed by cash.

Target’s decision comes as retailers increasingly turn away from cash and personal checks, with many refusing to take either.