Energy Price Cap announcement: Watch Martin Lewis explain what it means for your electricity and gas bills this winter
Best thing to do with huge bottle of 1 and 2p coins?
in Savings & investments
65 replies 9.8K views
Latest MSE News and Guides
Energy Price Cap change
Martin Lewis on what it means for youMSE News
Best £1 you've ever spent?
Share your most impressive bargainsMSE Forum
New MSE Forum avatars available
Try 'em out nowMSE Forum
Saving money for well over half a century
They charge for providing a service, same as anyone else. The machines will cost thousands, they have staff to go round and empty them and then they have to "bank them" as well, which is the bit you don't want to do. if you don't want to pay their charge, then bag them and bank them.
Last time I used one it came to £660, Ok so they got £60 of it, but it saved me spending hours counting it, driving into the city centre branch as local one now closed, parking, petrol, time, £60 is a bargain
I also gave some to my little niece to use in her toy shop. I only gave her 10p but it made her day!
I would just spend some time counting into bags of £1 then take it to the bank, but be careful as my bank the nationwide only accept 5 bags at a time, so check what yours accept first.
As I said before, why shouldn't they take a fee, do you think they get the machines for nothing ?? I am not "spending" £60 on a machine, I am paying for a service which I would use, I guess about once every 5 years, especially these days with not much cash being used.
if you don't want to use it then don't but I have far more valuable things to do than sit there and count coins into a bag.
I once gave a jar of coins to a woman who came to the door collecting for charity. She was really pleased with it and came back to tell me how much was in it.