We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

saving loose change (merged)

1232426282945

Comments

  • Becles
    Becles Posts: 13,184 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    My local Post Office takes lots of bagged coins. I know them very well in there though, so I don't know if all Post Offices take them, or if they just take them as they know me! Worth asking in your local one though.
    Here I go again on my own....
  • Phoenix79_2
    Phoenix79_2 Posts: 1,434 Forumite
    Get them from your bank. Natwest gave me about 500!

    Don't bag your coins up in rival banks bags and expect your bank to accept them. They won't. Happened to a mate of mine. I did warn him so had no sympathy for him!
  • Phoenix79_2
    Phoenix79_2 Posts: 1,434 Forumite
    Poppycat wrote:
    If you want rid of the coins then some supermarkets have coin sorters its a quick and easy way to get coins sorted but there is a charge of 7%. The machine already takes there cut and issues you with a receipt to take to the customer service desk.

    These machines are a rip off. I put £10 in one once (as an experiment) and it only registered as about £8.50 and then cut a further 7.9% of it!

    Count the money yourself and take it to your bank although a few of the smaller banks won't accept a load in one go. The traditional 'big 4' will though.
  • Phoenix79_2
    Phoenix79_2 Posts: 1,434 Forumite
    Open a Natwest account and deposit it in there. I took over 150 bags in there recently (weighed a ton!) and they accepted it no problem. I would imagine you would need to transfer the coins from Halifax to Natwest bags though.
  • Horasio
    Horasio Posts: 6,676 Forumite
    Part of the Furniture Combo Breaker
    VixxAnn wrote:
    We have been saving up loose change for AGES and have accumulated quite a lot of money (for our holiday in March 07) but I am struggling to change it.

    I bank with Halifax who only take 5 bags at a time - we have nearly £600!!!

    Can anyone advise - I don't really want to use a change sorter in Asda as they take a percentage don't they??
    Take your business elsewhere - it is money !!!!!!:mad:

    Lloyds TSB are fine with mine
    An average day in my life:hello: :eek::mad: :coffee::coffee::coffee::T :o :rotfl: :rotfl: :p :eek::mad: :beer:
    I am no expert in property but have lived in many types of homes, in many locations and can only talk from experience.
  • VixxAnn
    VixxAnn Posts: 351 Forumite
    I have an old account I don't use with Lloyds TSB I'll chase it up next week and see if they will take my money! might have to change the bags as someone else mentioned!;)
  • dunstonh
    dunstonh Posts: 120,166 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    you dont need to change the bags. As long as the bags match the coin type, you dont have a problem with the logo on them.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • C_Ronaldo
    C_Ronaldo Posts: 4,732 Forumite
    1,000 Posts Combo Breaker
    i just ask my bank for some money bags
    No Links in Signature by site rules - MSE Forum Team 2
  • gizmos
    gizmos Posts: 359 Forumite
    Part of the Furniture Combo Breaker
    VixxAnn wrote:
    I have an old account I don't use with Lloyds TSB I'll chase it up next week and see if they will take my money! might have to change the bags as someone else mentioned!;)

    bags are bags - as long as they are the correct denominations etc then they wont be bothered.
  • Thanks for the advice, I'll have to try a different Post Office, the on I tried is quite a small one!
    I'll maybe try to pop into a couple of other banks this week to try as well!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.