Weighing In Your Spare Change

hilstep2000

I take mine to my local sub-post office, they just change it up into notes, and don't charge me anything.

Joe_Bloggs

I am with those who carry around a little change in order to avoid receiving any more. I don't belong to any high street banks that accept coins or have fee free coinstars like some HSBC banks and others.
I used to be the opposite in that I swept change into containers as soon as I got home. I gave up when I got to about 30Kg of copper. I gave it to a charity shop to count and bag.
J_B.

Reaper

financequest wrote: »

link.. spare coins, loose change .. Whenevever I buy fuel for car, ensure that I have previously counted out 99p in loose change, then store it in a used smarties or similar cardboard tube ( cut in half, to produce a U shaped trough, then top half secured with elastic band !.. Then I go for £10.99/£20.99 etc. of fuel, hand over a £20 note plus loose change. I buy newspapers with loose change, along with lunchtime snacks during work hours.. Provided you sort coins in value order, plus avoid handind over 99 one pence pieces, you will be OK, usually !!

I reckon it serves them right if you give them a bunch of loose change if they insist on pricing things at those stupid 99p price points.

As for the Coin Star machines - I wouldn't touch them. I'm too tight to lose 7% even when we are talking pence!

alanwsg

A pedantic note ....
Shops don't have to accept even 99p in copper coins as payment if they don't want to,
Copper coins are only legal tender up to 20p

SilentMinority

I find I have the opposite situation, as I'm always looking for change for bus fares, etc.

A couple of times, I have asked at the bank counter to change paper money for coins, but the tellers never seem to have anything more than the bare minimum in their till.

So, the result is that they have to lock up their till and head off to the safe, for a bag of change and a chat with whoever they find on the way...

...leaving me asking myself why I bothered

CommitedToChange

Today I paid in £13.30 to my bank account at my local barclays branch - all 10p and under - all separated and bagged but not all bags came to the total amount. Now they have weighing machines it takes them no time at all to put the coins through and they don't take 7%.

Actually discussed weighting machines with the cashier and she agreed that it was better to bag it then take it to the bank - damned if anyone's getting even a penny of my change

Banks are there to serve you and want your money - regardless of if its in notes or coins. :rotfl:

davetrousers

alanwsg wrote: »

A pedantic note ....
Shops don't have to accept even 99p in copper coins as payment if they don't want to,
Copper coins are only legal tender up to 20p

Eh?

Shops can take (or refuse) any payment if they so desire. They could refuse a nice crisp £10 note and ask for elephant dung if they like.

The use of the term 'legal tender' is a minefield

flyingscotno1

alanwsg wrote: »

A pedantic note ....
Shops don't have to accept even 99p in copper coins as payment if they don't want to,
Copper coins are only legal tender up to 20p

Correct they don't have to accept them, but they don't have to accept 2p coins either- nothing to do with legal tender- it is generally an archaic term nowadays with credit cards etc.

Too many people mis-understand the term legal tender. It doesn't even apply for most shops as there is no 'debt', you are making an offer to purchase.

Even if you went to pay a bill where there was a debt and offered to pay it in Scottish notes and they refused to settle it is likely a court would rule in your favour as you made a reasonable attempt to settle the debt!

Butterfly_Brain

I take mine to the bank and don't feel in the least bit guilty - If the banks spent more money on getting more cashiers instead of high bonuses for managers:mad: the queues wouldn't build up.

6022tivo

My HSBC has a coinstar type machine (but smaller). I stick in my bank card then all my coins and it sorts them and credits my account with NO CHARGE... Coinstar... NO WAY...

http://www.digitalspy.co.uk/forums/showthread.php?t=666817