Where can I pay in coins?

grumbler

evoke wrote: »

^^ I've got a separate pot for lower-value coins (20p, 10p, 5p, 2p and 1p coins). I take that pot to my local Sainsbury's every few months and they have a machine there which you tip the coins into and you get a credit note (less 7% or so).

What's the point in collecting and then wasting time and money to get rid of your 'collection'?

It's the high-value coins that I want to bank.

I wonder how banks hate such collectors.

If you've got a card, why bother with cash? The only place where I pay cash is the market. This is the only day in a week when I have my purse with coins on me. Other days it's a small cardholder with one spare banknote note in it just in case.

bsms1147

evoke wrote: »

Okay, many thanks. I was trying to avoid a car journey as I have around 5 different banks within walking distance, just not a HSBC branch!

Open an account with one of those ones then...

evoke

^ That sounds like useful suggestion! Thanks.

The reason I collect so much change is that I travel a LOT! I have to have large amounts of cash on me for things like taxis (many of which do not accept credit cards). The change accumulates over a week and I only have weekends to myself so I try and make the most of them. I just drop the change into one of two large pots (one for high-value coins and the other for low-value coins).

Every few months I bag up the larger-value coins and I used to just pay them in at my local HSBC branch and never had any issues, and neither did I get charged.

I was just wondering how to continue banking the coins 3-4 times a year.

evoke

One other thing, I don't like carrying coins in my pockets. I go through airports every week and I try to avoid setting off the body scanners if I can. I usually only carry bank notes on me, hence the change accumulates.

evoke

stclair wrote: »

You could get some money bags and bag the coins up in the correct domination then pay them in over the counter.

I don't have the time or patience to bag up the low-value coins. I just dump them into the machine at the supermarket. I do bag up the larger-value coins though.

anoncol

evoke wrote: »

Okay, many thanks. I was trying to avoid a car journey as I have around 5 different banks within walking distance, just not a HSBC branch!

Open an account at one of them then use Internet banking to transfer to HSBC.

anoncol

evoke wrote: »

^ That sounds like useful suggestion! Thanks.

The reason I collect so much change is that I travel a LOT! I have to have large amounts of cash on me for things like taxis (many of which do not accept credit cards). The change accumulates over a week and I only have weekends to myself so I try and make the most of them. I just drop the change into one of two large pots (one for high-value coins and the other for low-value coins).

Every few months I bag up the larger-value coins and I used to just pay them in at my local HSBC branch and never had any issues, and neither did I get charged.

I was just wondering how to continue banking the coins 3-4 times a year.

Do you forget to pay the taxi then? Hence ending up with the cash?

alanq

"Metro Bank also provides free coin counting for customers and non-customers with Metro Bank Magic Money Machines,"

If you live near a Metro Bank this could be worth checking out. The machines accept unsorted coins and issue a voucher to take to the desk to deposit or change into "cash" (as the coins were already cash I assume this means notes). Unlike the coin counting machines in supermarkets these are free to use.

https://www.metrobankonline.co.uk/News-Events/PressReleases/2014/March-/Time-for-a-new-bank-Metro-Bank-brings-the-banking-revolution-to-Epsom/Article/

After that you still need to get the funds to your HSBC account but that should be less of a problem. At Post Office?
http://www.postoffice.co.uk/branch-banking-services

EarthBoy

Use the self service tills at the supermarket and pay with the coins. You just feed them into the slot.

alanq

EarthBoy wrote: »

Use the self service tills at the supermarket and pay with the coins. You just feed them into the slot.

Better still are the ones where you drop the coins into a small tray without having to feed in each coin individually.