Coins -> Bank Account: quickest path

student100

Gordon_the_Moron wrote:

If you know how much you have in coins in total but they are all mixed up you could lob them in Natwest quick deposit envelopes then the branch can sort them out. You need to know how much you've got though, I don't know if any other banks offer similar services to quick deposit.

I thought the quick deposit envelopes in banks were for notes & cheques only? All the ones I've seen say so...

Gordon_the_Moron

The Natwest ones don't say that but putting a large amount of copper change in could be a pain you may need several envelopes as they would soon tear. I've put £1 and 50ps in plenty of times (even 20ps a couple of times) and they have not objected to it.

Fedz

In sainsburys you can take the printed voucher (given after machine counts it all) to the counter and get cash.

Yes it does take a very small percentage but, with all due respect wouldn't you want paying for count a mountain of coins

It's quick and easy.

I love counting mine. It's half the enjoyment of collecting small change - watching grow itnto large change

Debt_Free_Chick

I've posted this before and been (slightly) flamed for it but here goes .......

Simply spend the coins instead of saving them. I don't mean "fritter them away" but when you go to buy something, use the coins first. This way, you take fewer notes out of the cashpoint!

virgin_moneysaver

Gordon_the_Moron wrote:

If you know how much you have in coins in total but they are all mixed up you could lob them in Natwest quick deposit envelopes then the branch can sort them out. You need to know how much you've got though, I don't know if any other banks offer similar services to quick deposit.

Natwest don't offer this service - the RDT is for notes & chqs only, same as the deposit envelopes for the ATM - coins can only be taken at the counter - they must be bagged as per the info on the front of the bags but theres no limit on how much you can take in

researcher

Debt_Free_Chick wrote:

I've posted this before and been (slightly) flamed for it but here goes .......

Simply spend the coins instead of saving them. I don't mean "fritter them away" but when you go to buy something, use the coins first. This way, you take fewer notes out of the cash point!

I'm with you on this. I've made a point since the beginning of the year of using my change to pay for things, or giving the extra in coins. So if some thing costs £12.98 I give a £10 note and the rest in coins. It regularly stops me breaking into another note. It does work as my change tin is only a fraction of what it used to be. But id does take a bit of getting used to, like counting out 19p in change rather than handing over a 20p piece.

The copper and other change I have had in the past has been gratefully accepted by the traders of my local farmers market, and I've found nothing easier than finding a child to count the coins - they love it!

student100

researcher wrote:

I'm with you on this. I've made a point since the beginning of the year of using my change to pay for things...

You can also show off your mental arithmetic and confuse shop staff slightly at the same time, by giving what seems to them to be peculiar amounts of "excess" change to reduce the number of coins you get back.

e.g. bill total £8.68, give e.g. £10.18 rather than £10 to get £1.50 back.
total £11.19 give £11.59 rather than just £11.50 to get 40p back.

The clever shop staff know what you are doing.
The less clever ones look puzzled for a moment or two, enter the amount into the till, and are very surprised to find they only need give you 2 coins as change.

Of course these days I'd probably spend £11.19 or £8.68 on plastic which also means no change...