Bags of Change

geordie_joe

jonesMUFCforever wrote: »

You can't make an appointment to stand at the counter!

At my bank you can't make an appointment to stand at the counter, it's first come first served.

But you can make an appointment to see the lady who sits at the desk in the corner, behind the glass screen, or just go in and ask to see her and she comes straight out to see you. Obviously if she is seeing someone you have to wait, but if not then just ask to see her and she appears in a few second.. She will carry out anything the people behind the counter do, and a LOT more.

You can also make an appointment to see someone in one for the "private rooms" in the bank. Here the person you see can carry out any transaction the people behind the counters can do, and a LOT more.

[Deleted User]

I always use up my silver at the local bakers when I'm buying my lunch at work, and at corner shops etc. These places are always desperate for change and are happy to take it. I get rid of the odd copper this way too.

I know what its like to work in a shop when most of your customers give you £20 notes for a £2.37 purchase - the change in your till doesn't last long!

Jacquiesce

I save all my spare change in a big jar and count it up into bags before putting it in my ISA, I am not losing out on the interest cos that gets added once a year. My nearest bank is only suppose to take 5 bags at a time but I usually walk along first thing on a Saturday morning when its quiet and they take more. They also have a business counter where they will take more. Maybe its just luck that they have never refused to take more, since the bags are already counted out it doesn't take them long to weigh the bags.
I have also used the Coinstar machine at the supermarket if its smaller amounts, I don't grudge paying the 8% as it thought it went to charity..

jonesMUFCforever

Jacquiesce wrote: »

I save all my spare change in a big jar and count it up into bags before putting it in my ISA, I am not losing out on the interest cos that gets added once a year. My nearest bank is only suppose to take 5 bags at a time but I usually walk along first thing on a Saturday morning when its quiet and they take more. They also have a business counter where they will take more. Maybe its just luck that they have never refused to take more, since the bags are already counted out it doesn't take them long to weigh the bags.
I have also used the Coinstar machine at the supermarket if its smaller amounts, I don't grudge paying the 8% as it thought it went to charity..

Oh yes you will lose out on interest if you don't empty your jar at the beginning of the financial year and leave it to the end!

Jacquiesce

jonesMUFCforever wrote: »

Oh yes you will lose out on interest if you don't empty your jar at the beginning of the financial year and leave it to the end!

I empty the jars at various times of the year, whenever they are full, and I always put every last penny into my ISA just before the interest is due.

Does anyone know if the percentage that Coinstar machine takes off goes to charity?? I was sure it did but maybe I am wrong.. I know there is the option to donate it all.

HouseHuntr

charlie555 wrote: »

So you don't have the right to pay for your BMW in coins after all. But if you drive away without paying and get taken to court by the dealer you would have the right to pay at that time in pound coins.

And the fine for TWOC which could also be paid in pound coins:D .

nobblyned

Jacquiesce wrote: »

I empty the jars at various times of the year, whenever they are full, and I always put every last penny into my ISA just before the interest is due.

You'll only get the interest for the time the money is in the account, any time money is in a jar it's costing you interest.

nobblyned

jonesMUFCforever wrote: »

I was in Wilkinsons the other night and came across a coin changer for I think £10.
Not sure if it was a toy or a proper one but there must be machines out there that can count your coins for you without you having to pay a % charge as in the supermarkets.

It's not the counting people have trouble with, it's getting the money into their bank account, or into a usable form - shopping vouchers usually in coinstar.

Kippy

I save all my copper in a plastic carrier bag and when the kids get bored I ask them to count it out for me, it stops them whinging about being bored,(for a short while anyway) so it kept them out of my hair for a bit and when we go to Blackpool in the summer I allow them to use the coppers in the arcades. I dont miss the money 'cos I feel like I've never had it, and they feel like they have had a massive treat and no queueing for change.


:j grandkids! so I feel it's okay to indulge once a year :j

stationaryace

FishFan wrote: »

I never ever collect coins in a jar. It's dead money not working for you making any interest. Use coins to purchase small items like newspapers etc.

i'm pretty sure it's more likely to be seen as safe money given the current climate