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saving loose change (merged)

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Comments

  • Stardust
    Stardust Posts: 294 Forumite
    100 Posts
    Or have some fun counting while vegging in front of the telly for a few nights and save your self 7% :)
  • aryoodz
    aryoodz Posts: 14 Forumite
    Hi, thanks for all the replies.

    Is it still possible to get coin bags from your bank and fill them up and return them? Or do they not do that anymore. I remember my dad used to do that years ago. :confused:
  • Stardust
    Stardust Posts: 294 Forumite
    100 Posts
    Yeah any bank do them :) I was counting up mine a few days ago.
  • Most banks except a maximum number of bags each day to deposit into your account.

    The post office deal with a lot of banks nowadays see http://www.postoffice.co.uk/portal/po/jump1?catId=19400181&mediaId=19100208 for paying in details. Suboffices may not be happy taking loads of bags but you shouldn't have any problems depositing large amounts at a main branch office.

    They will not change change normally unless there is absolutely no queue and you sweet talk someone who is already having a good day!!
  • Ettenna wrote: »
    A lot of Sainsburys and Tescos have them. They are called Coinstar and take about 7% off the value. I think you can choose to either donate to charity or get a receipt for either money off instore or exchange for cash.
    The 7% goes straight in Coinstar's pockets. If you want to donate to charity, it goes out of your remaining 93%.
  • maninthestreet
    maninthestreet Posts: 16,127 Forumite
    Part of the Furniture
    Most banks except a maximum number of bags each day to deposit into your account.

    The post office deal with a lot of banks nowadays see http://www.postoffice.co.uk/portal/po/jump1?catId=19400181&mediaId=19100208 for paying in details. Suboffices may not be happy taking loads of bags but you shouldn't have any problems depositing large amounts at a main branch office.

    They will not change change normally unless there is absolutely no queue and you sweet talk someone who is already having a good day!!

    You don't need to pay the money into your account, just ask for pound / two-pound coins or notes in exchange for your bags of coppers and 5p pieces.
    "You were only supposed to blow the bl**dy doors off!!"
  • elisebutt65
    elisebutt65 Posts: 3,854 Forumite
    I've been Money Tipped!
    If you have kids, most banks allow you to pay unlimited amounts of change into their accounts - then you nick it back off them:rotfl::rotfl:
    Noli nothis permittere te terere
    Bad Mothers Club Member No.665
    [STRIKE]Student MoneySaving Club member 026![/STRIKE] Teacher now and still Moneysaving:D

  • Dioritt
    Dioritt Posts: 36 Forumite
    I use a jar and an old saving bank that my nan left me. My mum's been using pigs for years - she opens them every 31st December and then starts again on 1st Jan. This year she had over £800 in hers.

    [snip]...Also I would rather put the money in a savings account (even one with a low rate of interest because that is better than earning nothing in a tin)...[snip]

    Everybody isn't able to easily get to the bank once a week. For reasons I won't go into here I haven't been inside mine for months.

    If jar/tin/pig saving is what works for you then I say go for it!
    Life is really simple, but we insist on making it complicated. - Confucius
  • Don't forget you can pick up these tins for a £1 on the High St
    Proud to be dealing with my debts Sealed pot challenge 180 £2 coins £184 2008 £1 a day challenge£100+ Nectar 4809/Boots 1724 Focus for 2008 Clear £1777.00 CC, [strike]£1000 [/strike]overdraft Holiday [strike]£525[/strike]:j CC recovery£976 NO SMOKING WK7 £210
  • [Deleted User]
    [Deleted User] Posts: 17,413 Forumite
    10,000 Posts I've been Money Tipped!
    I have a building society account that is difficult to get to, and save money in that as it's such an out of the way place to get to, it's easier to leave the money there rather than trek there to take any out. I also have a Barclay account that is paid £25.00 by DD from my HSBC account every month. It's just like paying a bill regularly and it is useful for my holiday spending money every August .I checked it yesterday as I had forgotten about it over the last few months and have almost £180.00 in there
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