Free coin counting - London area

I tried out a free coin counting machine in Metro Bank today and am now £80 richer. These machines are free to use, and charge no commission. Seem to work pretty well, if a bit noisy. There are plenty of staff on hand to help if needed.

The machine prints a receipt which can be exchanged for cash, or deposited into a Metro Bank account, if you have one, but not into another banks account.

These machines appear to be in all of their 8 London area branches? Branches open 7 days a week and for longer than your average bank day.

metrobankonline.co.uk/Community-box-pages/Magic-Money-Machine
[please repost working link]

No, I don't work for them, but have found this a good way to turn my old coins into usable cash.:T
«1

Comments

  • Obviously far better than the machines in supermarkets that charge an extortionate percentage for this, and worth bearing in mind that other banks do this too, I know HSBC do it in some branches.
    What is this life if, full of care, we have no time to stand and stare
  • middlepuss
    middlepuss Posts: 461 Forumite
    Part of the Furniture Combo Breaker
    That's very useful information. Thank you.
  • jenniewb
    jenniewb Posts: 12,842 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    Great! I thought I was destined to lose my whatever-stupid-percentage the coinstar machines steal (sorry) charge!

    Theres a Metro Bank not far from me, will be using them in the future!
  • are there any banks in north london that have coin counting machines. I live in islington and have about £400 in loose change cant count it up mself to time consuming
  • Farway
    Farway Posts: 14,500 Forumite
    Part of the Furniture 10,000 Posts Homepage Hero Name Dropper
    My local Morrison's has cash feed in at the DIY checkout, zero commission, just pays for your shopping as you feed the coins in
    Eight out of ten owners who expressed a preference said their cats preferred other peoples gardens
  • What's wrong with counting the coins at home yourself and placing them in bags then taking them to the bank? It's what I've always done. :-|
  • djt1983
    djt1983 Posts: 32 Forumite
    I guess it is just that it is time-consuming, especially I would imagine if you have 400quids worth!

    If a machine can do it for you for free, then why not take advantage :)
  • SailorSam
    SailorSam Posts: 22,754 Forumite
    10,000 Posts Combo Breaker
    Farway wrote: »
    My local Morrison's has cash feed in at the DIY checkout, zero commission, just pays for your shopping as you feed the coins in

    I'd hate to be standing behind you if you decide to pay for a big weekly shop in pennies.
    Liverpool is one of the wonders of Britain,
    What it may grow to in time, I know not what.

    Daniel Defoe: 1725.
  • adecor
    adecor Posts: 269 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    jenniewb wrote: »
    Great! I thought I was destined to lose my whatever-stupid-percentage the coinstar machines steal (sorry) charge!

    Theres a Metro Bank not far from me, will be using them in the future!
    Just told someone else that these are great for when you're overseas and need currency as it's similar to what Nationwide used to be like.
  • My mum used to work in a supermarket and says they just take your money 'As your commission' that's why you don't get as much as you would, we just change ours up.
    New year, new comper here!
    Wins for January- 2 free chapsticks, Celebrations.
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
  • 350.3K Banking & Borrowing
  • 252.8K Reduce Debt & Boost Income
  • 453.2K Spending & Discounts
  • 243.3K Work, Benefits & Business
  • 597.8K Mortgages, Homes & Bills
  • 176.6K Life & Family
  • 256.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.