🤑 depositing gold coins in bank — Collectors Universe

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What is the standard procedure to deposit coins at the bank? Do you have to roll the coins yourself? - Quora
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Bank Hopping for Coin Rolls - Quarters and Dimes!

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They cannot refuse to accept coins and demand some other payment after providing a good or service. Legal tender is legal tender for all debts. But until they provide the good or service, they don't have to accept it. In this case, you want the service of depositing money. But by its nature, they have to accept the payment first.


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At the bank machine, it says no coins, and at those machines that take your coins and give you bills for it, they always rip you off.
Best Answer: I have an account at Bank of America.
Recently I took my coins to the bank and deposited them.
They were not rolled.
You do not have to roll them.
She did not count them.
She said that strip off the bag banks carolina near outer casinos north my deposit receipt.
She said they had a service that would verify the amount.
That's all it takes.
The money was debited to my account that same day.
Here is what you do: Go to your bank and ask them for coin rolls, go home an roll the coins.
Then you find a gas station and depositing coins at bank by there on Monday morning depositing coins at bank ask whether they can exchange the rolled coin for bills.
Most of them will be happy to do it because they are low on coin since banks are closed over the weekend.
In person, at the bank.
Call ahead for an appointment while asking if they have a coin counting depositing coins at bank />If not, get the paper rollers and get busy lol.
I counted my coins 3 times before I depositing coins at bank so I knew exactly what I was depositing.
I will never do their stupid bag again!
Coins are legal tender, I don't see why anyone who takes cash and gives coins as change could refuse coins as payment.

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It must be me; but I am blown away that a bank any bank would not take rolled coins unless you have an account with them.....Wow you would think....because they are in the money industry that it would be their fiduciary responsibility…


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At the bank machine, it says no coins, and at those machines that take your coins and give you bills for it, they always rip you off.
Best Answer: I have an account at Bank of America.
Recently I took my coins to the bank and deposited them.
They were not rolled.
You do not have to roll them.
She did not count https://festes.ru/bank/bank-of-america-plastic-deposit-bags.html />She depositing coins at bank that strip off the bag was my deposit receipt.
She said they had a service that would verify the amount.
That's all it takes.
The money was debited to my account that same day.
Here depositing coins at bank what you do: Go to your bank and ask them for coin rolls, go home an roll the coins.
Then you find a gas station and go by there on Monday morning and ask whether they can exchange depositing coins at bank rolled coin for bills.
Most of them will be happy to do it because they are low on coin since banks are closed over the weekend.
In person, at the bank.
Call ahead for an appointment while asking if they have a coin counting machine.
If not, get the paper rollers and get busy lol.
I counted my coins 3 times before I went source I knew exactly what I was depositing.
I will never do their stupid bag again!
Coins are legal tender, I don't see why anyone who takes cash and gives coins as change could refuse coins as payment.

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What is the standard procedure to deposit coins at the bank?
Do you have to roll the coins yourself?
Institutions should forward counterfeit link unlawfully altered coin directly to their local U.
If the Federal Reserve Bank detects counterfeit or unlawfully altered coin in an institution's deposit, it is forwarded to the Secret Service, and the institution is charged for the difference.
To prepare a deposit of current U.
Canvas bags or high density plastic bags should be in good condition.
Anthony dollars, Native American dollars, and Presidential dollars; Susan B.
Any bag that is not labeled with an office identification number will be credited to your head office.
The bags containing your deposit must be securely sealed to ensure that unauthorized access can be easily detected.
Use a seal that cannot be with no deposit without detection and bears your institution's identification.
We may depositing coins at bank a deposit if the integrity of a bag appears to have been compromised, or if the seal does not effectively deter access to the bag's contents.

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depositing gold coins in bank — Collectors Universe
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What is the standard procedure to deposit coins at the bank?
Do you have depositing coins at bank roll the coins yourself?
Institutions should forward counterfeit or unlawfully altered coin directly to their local U.
If the Federal Reserve Bank detects counterfeit or unlawfully altered coin in an institution's deposit, it is forwarded to the Secret Service, and the institution is charged for the difference.
To prepare a deposit of current U.
Canvas bags or high density plastic bags should be in good condition.
Any bag that is not depositing coins at bank with an office identification number will be credited source your head office.
The bags containing your deposit must be securely sealed to ensure that unauthorized access can be easily detected.
Use a seal that cannot be compromised without detection and bears your institution's identification.
We may refuse a deposit if the integrity of a bag appears to have been compromised, or if the seal does not effectively deter access to the bag's contents.

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Coins Won't Fly at the Bank. There's one thing U.S. banks absolutely won't accept: Foreign currency in coins. Your best option for getting rid of coins is to spend them on the way out of the.


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What to do if Bank is not accepting coin

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Navy Federal Credit Union and coins.. One bank had an internal foreign, junk, trash tray.. There was no fee since I was depositing it into my account, but I did.


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Which Banks Have Coin Counting Machines? Self-service change-counting machines can be found at the majority of the branches of TCF Bank, TD Bank, U.S. Bank and Wells Fargo. Bank of America does not have self-service change-counting machines but offers coin counting services to its customers.


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This trend makes me worry about teaching our children to save. If your child can’t deposit coins into their bank account, then how does this teach them to save? If they collect change from random places, what will they do with it? All I want to know is when did banks stop accepting coin deposits? Do you deposit coins at your bank?


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How to Bypass the Coinstar Fee. Luckily for you, I’m here to show you how to bypass the Coinstar fee. I hate having to pay money for convenience products, especially when the coin deposit market seems undeserved by those who should be serving it most. Banks! If all we had were Coinstar machines, then the fee might be lower.


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depositing gold coins in bank — Collectors Universe
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You can send the gold coins for collection if they want to deposit them in the bank but you can not give immediate value for them. We do not take gold coins if they are wanting to sell them to us. We are not set up to do that and most tellers do not even know what a real gold coin looks like.


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my bank is national penn on 5th street and they only accept rolled coins (they don't have a counter),so I take all mine to my wifes bank (Susquehanna bank) since they have a coin counter, not sure if they'd accept them if you don't have an account tho. might wanna call Fleetwood bank or that one at the corner in lyons. _____


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April 5, 2010 By My Money Blog has partnered with CardRatings for selected credit cards, and may receive a commission from card issuers.
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Coinstar has somehow created a publicly-traded corporation ticker worth over 1 billion dollars based on converting these coins back into… cash?
Okay, they now also own Redbox.
This is true, and can definitely be a better option if you shop at those stores.
Even for the most popular Amazon.
Seems like that would be a law or something.
Bank of America, regional banks, and local credit unions.
They simply place them along with a blank deposit slip into a plastic cash bag, seal it, and send it off to a central coin-counting place.
Within a couple of business days, a deposit shows up in my account.
However, even if you go to a place like Coinstar, the counter might also be off as well.
The the accuracy of Coinstar machines and found them both off.
Talk about a tough economy.
Second try: Alarmed at the results, we decided to give the machines depositing coins at bank second chance.
Looking for something more scientific?
I do occasionally fish out quarters for parking meters though, so that likely skewed my results.
How do you deal with your loose coinage?
Share in the comments.
Last updated: August 27, read article My Money Blog has partnered with CardRatings for selected credit cards, and may receive a commission from card issuers.
Thank you for your support.
Jonathan: A couple of groups of people these machines may be convenient for: 1.
This may also include people who refuse to have bank accounts due to garnishments!
Those individuals that CANNOT have an account at a bank a system called eFunds may prevent them from opening a transaction account at a bank due to previous bad accounts.
I always bring the change that I save up to a local coinstar machine.
You should update your post.
When it gets heavy just click for source we count it and deposit it at the local deposit into of america atm />Then I transfer that same amount to an ING Direct savings account.
My bank is HSBC.
I keep my change and singles in this jar for about two years and then cash in.
I use that money to help me out with christmas or if theres enough catch up on some bills.
I think that if if I were too busy source wealthy or lazy to just count out change and actually spend it on a continuing basis rather than throw it in a jar, then I would also be too busy or wealthy or lazy to worry about a 5% to 10% shortchange from a machine.
Back in my less proud times the coin jar saved me from missing a rent payment.
I was glad I had it then.
I had no idea they could be that far off, but for me the time saved by not counting it myself is worth a few dollars lost.
I still sort them manually into the paper coin holders and walk up to the teller to receive my bills.
Great information about the banks, thanks.
I still thought you had to roll coins, which I used to do, a collosal pain.
I have to say the total always seemed a little low….
Our credit union has a machine that charges no fee — you just have to be a member to use it.
We keep ours in a little wooden box and it never fails that when it reaches 40-50 I start wanting to get my hands on the money.
I used to use Coinstar — when the first started some 8-10 years ago their fee was a bit lower and it was just the lack of knowledge mixed with the grocery store convenience that won me over.
I had not known because I rarely go inside the branch — despite it being a block from my house.
I keep copper pennies I receive in coffee cans, and try to use the rest of the coins in s stores when i can.
I always use coinstar and convert to an Amazon gift certificate.
No fee for that.
Well, unless the machine undercounts, which apparently I need to watch out for!
Do you have any recourse if the machine undercounts?
Then I simply deposit the coins into my local bank.
It is easy to just spend your change as you receive it.
I sometimes set aside quarters for laundry and buying newspapers but otherwise I just spend my change.
Some people use their change jar as a form of savings.
I am always amazed at how much more it adds up to than I thought it would, and HAVING to spend it at Amazon makes me happy.
Sometimes it will sit there for months until I hear about some book, DVD, or MP3 that I just have to have.
Sorry for the blatant plug, but the loose change crowd is my target market!
I rarely use cash and get change.
But I enjoy rolling them when I get enough I did it a few weeks ago.
Oddly, my dad told me to unroll them and keep the rolls since the machine will count them anyway.
I vetoed that idea.
Coinstar to Amazon gift certificate — no fee ever.
Save up the Amazon gift certs for Christmas shopping.
Use the machine at Albertsons — no fee and you can immediately use at checkout for your groceries!
Way more convenient and fast compared to a bank.
Like Geoff, I rarely use cash and get change, but what little I do get, I try to spend.
I keep a small collection of dollar coins, quarters, and smaller click here on hand for various purposes, but everything else either gets spent or deposited into an interest bearing account.
Taking a gift certificate from Coinstar is a great way to give up additional protections or rewards that a credit card would give you.
While Amazon is one certificate you can receive for using Coinstar without a fee, there are 13 other merchants from whom you can get certificates including Borders, JC Penneys, Old Navy, Starbucks, and Albertsons.
We usually get a certificate for groceries located in the supermarket that the Coinstar machine is located.
If the machine you use only occasionally gives special promotions, use the Coinstar.
The change factor is part of the reason I use my AmexBlue Cash Card on all purchases, big or small.
I receive cash back with each purchase and do not have to deal with the change, which is a waste of time and money 9.
Keep in mind, I do pay off the card every month and I am strict on my spending to only buy what I need.
I think of the Amazon gift certificate option as a 5% fee because I can get 5% back on all my Amazon gift purchases through the Citi Forward card.
Amazon is treated as a bookstore regardless of what you buy.
Fine, choose from many other partners which have no fee then.
Being all change it kept the amount of the overall purchase a bit smaller and led to some really fun times.
In fact, I just called my credit union, which I consider to be a pretty good one since they reimburse all my ATM fees.
They do not accept loose change.
I have a friend who is at B of A, and I think they said they inquired about coins and was told they needed to be in rolls too.
Why jump through hoops, waste time and energy figuring out a way to deal with a nonexistent problem?
Just pay and spend the change as you go, it never accumulates too much.
Now and then use some of it when leaving a tip.
Truly not an issue to waste energy on!
I use TCF Bank and they have coin counters in the lobby.
You do not have to deposit it.
I use coinstar for gift certificates.
I have done it for two consecutive years so far.
Chevy Chase Bank of MD branches have free coin counting machines in their lobbies.
The machine counts the change and spits out a receipt.
Take the receipt to the teller and have it deposited to your account.
If you are a non-customer, then the teller will ask if you would like to open an account.
Just say no, pay no fee, and get bills.
My local Wells Fargo america authorization of deposit direct bank form has a coin machine which is free for customers non-customers pay 10%, or something like that.
I throw them in my car.
Quarters I keep in a jar at home though.
I would never use CoinStar and pay that ridiculous fee.
I tell my friends not to either.
Agree depositing coins at bank Mike D — I do not use cash for anything.
Credit cards are actually faster at the checkout, and they have rewards.
I literally cannot remember the last time I had any change in my pocket.
No cash means no change.
So what do do with accumulated change is a non existent problem.
I into someone's of bank account deposit america can i cash the quarters for the car wash my credit card usually does not swipe correctly and I use the other coins just whenever.
Warren: some fast food wont take credit cards or charge a 50 cents fee if its under 10 bucks.
I basically take out 20 bucks a week and use it for the fast food places that charge extra for using credit cads.
Also, some independent contractors will give discounts if you use cash.
I am in banking and can tell you that most banks policy is not to accept loose change unless they have a change counter, which most banks do not as they are expensive and prone to breaking due to customers putting buttons, slugs etc.
The reason banks do not accept loose change is that it would be too time consuming to dedicate a staff member to depositing coins at bank change.
I personally have a very large decorative jar that I put my change in and have viewed it as a very last resort savings account.
If I have to tap into my change jar like bank of america atm ate deposit magnificent things are pretty bad.
Hopefully that day never comes and I can just keep adding to it.
Since all but pennies are legal tender, how does a bank get away with not accepting coins?
It seems to be about time that we customers quit accepting these arbitrary rules and fees.
I did not want to deposit it into any of my accounts.
They refused me service, and I have 3 accounts their.
It seems they should accept valid US Legal Tender, and give you what you need.
Definitely not in the past 5 years.
When I travel on business I must use AMEX.
Maybe once a year I have to buy something for cash.
Everything else is paid for with plastic and earns me rewards.
Sometimes I even have to get a roll of depositing coins at bank from bank for occasional parking meters.
Also, there is something nice about having guilt-free money I can actually spend without worrying about earning interest or saving for some golden years that I may die before reaching.
This change represents some of the only money I can be truly frivolous with.
It is less expensive than most manufactured tile and will look gorgeous.
Like, leave it in the bank in the first place?
When I carried more cash I just paid exact change.
These days — credit cards only.
My kids do like to collect coins and amass plenty.
Every year or 2 or 3 we go to a Coinstar machine and exchange it for an Amazon gift card.
We will usually keep the gift card and transfer the amount to their bank accounts.
Knowing that banks accept loose change is pretty cool — will just do that next time!
As an aside, I did use to work in a cash facility and we had a coin sorting machine.
That thing was the devil.
There was one employee who could tame the beast — I Was second best so I got stuck on coin duty way too much.
I would certainly agree that the accuracy is not near 100%… For those with kids: Are your kids totally oblivious to the value of a dollar?
Maybe they should roll some coins and get the idea that money and plastic are not equal.
I still bought it, but it definitely made an impression.
I think coin rolling can too.
The more change you use with a purchase, library fine, etc.
Spending as you go accomplishes this and makes this topic a non issue.
A couple dollars worth of coins kept in your car is no more a hassle than rolling or schlepping around pounds of metal, only to get ripped off by a rigged machine.
Coincidentally, I see lottery machines often sited next to those coin counting machines.
Talk about a double whammy.
Begin by losing 10% of your money, flush your bills down the lottery machine, then buy groceries with food stamps.
The local Jack in the Box only takes debit cards.
But I do sometimes choose to eat certain places based on whether I can use the card without paying a fee —if i dont have the cash ill just pay the 50 cents, not a big deal.
I used to use Coinstar at the grocery store and always suspected I was getting something less than the actual value of the coins deposited into the machine irrespective of the stated service charge.
When the jar is ready for unloading, I deposit the coins in my account at my credit union, which offers free coin counters.
I should share this with my wife.
I have used the machine in the past in grocery store source have opted for the store credit i forget if theres any fee for that that I use for my grocery shopping.
Then I transfer that same money into my daughters account.
I once read a post about using a local casino to change out coins.
If anyone would have accurate machines, it would be them.
Has anyone tried using a casino?
None of the banks in my area accept unwrapped coins so I roll them up whenever my jar gets full maybe twice a year.
As for coinstar I see the machine in my grocery store being used nearly every time I am in there.
I dont think they care about the fees i cant understand why anyone would use this service, when a fee is charged.
I guess they have a lot of money to burn.
Turns out she was grumpy and meant they want them rolled.
My wit was not appreciated.
Pennies go in a drawer, where I roll them once the amount gets annoyingly large.
All the silver pieces go in my car for parking meters.
Though more and more of my parking areas are the time-stamp kiosk style, which accept credit cards.
I wrote a similar article on my blog as well.
But I had no idea that these coinstar machines were off by that much.
I never gave saving coins a thought, just had 5 gallon water bottle under desk at work, I am now retired and bottle is full of silver coins.
Still looking for coin counting location in Los Angeles or outer area.
This afternoon, I decided to just remove them from the jar, bag and box them 5 gallon jar, about 90 pounds of coins, 10 years in the making.
Only one bank does and you have to be a member.
I called alot of banks in this state capitol.
I just recently opened bank accounts for my two children who are two years apart.
I am not sure how I should divy up the change I collect and distribute to which child.
I have the capital one venture card for my business.
The card is used and paid off every month for things that I can write off.
I still believe many things should be paid for in cash, one thing comes wifi router with sim card power mind is lunch with co-workers everyday.
Not everyone and everyday is willing to split the check evenly.
We always pay cash for our lunches.
That being said, my yearly loose change usually adds up to 500-700 dollars in a large pasta ikea glass jar.
That is until Wescom Credit Union installed a coin sorting machine and free of charge for members.
It was music to my ears… unfortunately that promo only went on for 2 years.
Now they charge 5%, which is acceptable to me.
Chase said they would only accept rolled coins and brought out a manual coin sorter and an employee started to help.
I protested that it looked like it could take 4 hours to roll all my coins and that i had heard that wells fargo sends coins out to be counted and finally the guy brought a clear bag and we put about 35 lbs of coins into it and sent it off to someplace else where they will count it and later credit to my account.
I graduated college last year.
I could only find work a a summer read more for the summer, so I took that and kept looking.
I was off for 4 full weeks after camp.
I almost paid my rent.
No food, no gas, no bills.
I hope to have enough left over to put gas in my car so I can go to work on Monday.
Apparently we all use up every last of those bills.
Pros and cons: those metals can now be use in other industry… cons: there will be a huge shift in the economy!
Hihihi… I save it all and fill up my empty peanut butter jars when I have enough.
I do save the copper pennies and nickels for their copper content.
I have been taking my excess coins to all the self-service checkout that so many places have and pay with coins there the machine is a little slow, but some places you can get them to give you paper bills for cash for your coins.
You just scan an expensive item, feed in your pile of coins and then cancel the transaction, and the machine will give back your money in paper bills.
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It must be me; but I am blown away that a bank any bank would not take rolled coins unless you have an account with them.....Wow you would think....because they are in the money industry that it would be their fiduciary responsibility…


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CASHING IN COINS

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They cannot refuse to accept coins and demand some other payment after providing a good or service. Legal tender is legal tender for all debts. But until they provide the good or service, they don't have to accept it. In this case, you want the service of depositing money. But by its nature, they have to accept the payment first.


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How TD Bank Customers Can Deposit Coins. In order to deposit coins, TD Bank customers will have to use coin wrappers. These wrappers are available for free by visiting a TD Bank branch.


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What is the standard procedure to deposit coins at the bank? Do you have to roll the coins yourself? - Quora
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April 5, 2010 By My Money Blog has partnered with CardRatings for selected credit cards, and may receive a commission from card issuers.
Thank you for your support.
Coinstar has somehow created a publicly-traded corporation ticker worth over 1 billion dollars based on converting these coins back into… cash?
Okay, they now also own Redbox.
This is true, and can definitely be a better option if you shop at those stores.
But you lose the ability to get credit card rewards on your purchases, which can be up to 5% on certain places like grocery stores.
Even for the most popular Amazon.
Seems like that would be a law or something.
Bank of America, regional banks, and local credit unions.
They simply place them source with a blank deposit slip into a plastic cash bag, seal it, and send it off to a central coin-counting place.
Within a couple of business days, a deposit shows up in my account.
However, even if you go to a place like Coinstar, the counter might also be off as well.
The the accuracy of Coinstar machines and found them both off.
Talk about a tough economy.
Second try: Alarmed at the results, we decided to give the machines a second chance.
Looking for something more scientific?
I do occasionally fish out quarters for parking meters though, so that likely skewed my results.
How do you deal with your loose coinage?
Share in the comments.
Last updated: August 27, 2012 My Money Blog has partnered with CardRatings for selected credit cards, and may receive a commission from card issuers.
Thank you for your support.
Jonathan: A couple of groups of people these machines may be convenient for: 1.
This may also include people who refuse to have bank accounts due to garnishments!
Those individuals that CANNOT have an account at a bank a system called eFunds may prevent them from opening a transaction account at a bank due to previous bad accounts.
I always bring the change that I save up to a local coinstar machine.
You should update your post.
When it gets heavy enough we count it and deposit it at the local bank.
Then I transfer that same amount to an ING Direct savings account.
My bank is HSBC.
I keep my change and singles in this jar for about two years and then cash in.
I use that money to help me out with christmas or if theres enough catch up on some bills.
I think that if if I were too busy or wealthy or lazy to just count out change and actually spend just click for source on a continuing basis rather than throw it in a jar, then I would also be too busy or wealthy or lazy to worry about a 5% to 10% shortchange from a machine.
Back in my less proud times the coin jar saved me from missing a rent payment.
I was glad I had it then.
I had no idea they could be that far off, but for me the time saved by not counting depositing coins at bank myself is worth a few dollars lost.
I still sort them manually into the paper coin holders and walk up to the teller to receive my bills.
Great information about the banks, thanks.
I still thought you had to roll coins, which I used to do, a collosal pain.
I have to say the total always seemed a little low….
Our credit union has a machine that charges no fee — you just have to be a member to use it.
We keep ours in a little wooden box and it never fails that when it reaches 40-50 I start wanting to get my hands on the money.
I used to use Coinstar — when the first started some 8-10 years ago their fee was a bit lower and it was just the lack of knowledge mixed with the grocery store convenience that won me over.
I had not known because I rarely go inside the branch — despite it being a block from my house.
I keep copper pennies I receive in coffee cans, and try to use the rest of the coins in s stores when i can.
I always use coinstar and convert to an Amazon gift certificate.
No fee for that.
Well, unless the machine undercounts, which apparently I need to watch out for!
Do you have any recourse if the machine undercounts?
Then I simply deposit the coins into my local bank.
It is easy to just spend your change as you receive it.
I sometimes set aside quarters for laundry and buying newspapers but otherwise I just spend my change.
Some people use their change jar as a form of savings.
I am always amazed at how much more it adds up to than I thought it would, and HAVING to spend it at Amazon makes me happy.
Sometimes it will sit there for months until I hear about some book, DVD, or MP3 that I just have to have.
Sorry for the blatant plug, but the loose change crowd is my target market!
I rarely use cash and get change.
But I enjoy rolling them when I get enough I did it a few weeks ago.
Oddly, my dad told me to unroll them and keep the rolls since the machine will count them anyway.
I vetoed that idea.
Coinstar to Amazon gift certificate — no fee ever.
Save up the Amazon gift certs for Christmas shopping.
Use the machine at Albertsons — no fee and you can immediately use at checkout for your groceries!
Way more convenient and fast compared to a bank.
Like Geoff, I rarely use cash and get change, but what little I do get, I try to spend.
I keep a small collection of dollar coins, quarters, and smaller change on hand for various purposes, but everything else either gets spent or deposited into an interest bearing account.
Taking a gift certificate from Coinstar is a great way to give up additional protections or rewards that a https://festes.ru/bank/casinos-near-outer-banks-north-carolina.html card would give you.
While Amazon is one certificate you can receive for using Coinstar without a fee, there are depositing coins at bank other merchants from whom you can get certificates including Borders, JC Penneys, Old Navy, Starbucks, and Albertsons.
We usually get a certificate for groceries located in the supermarket that the Coinstar machine is located.
If the machine you use only occasionally gives special promotions, use the Coinstar.
The change factor is part of the reason I use my AmexBlue Cash Card on all purchases, big or small.
I receive cash back with each purchase and do not have to deal with the change, which is a waste of time and money 9.
Keep in mind, More slots wow do pay off the card every month and I am strict on my spending to only buy what I need.
I think of the Amazon gift certificate option as a 5% fee because I can get 5% back on all my Amazon gift purchases through the Citi Forward card.
Amazon is treated as a bookstore regardless of what you buy.
Fine, choose from many other partners which have no fee then.
Being all change it kept the amount of the overall purchase a bit smaller and led to some really fun times.
In fact, I just called my credit union, which I consider to be a pretty good one since they reimburse all my ATM fees.
They do not accept loose change.
I have a friend who is at B of A, and I think they said they inquired about coins and was told they needed to be in rolls too.
Why jump through hoops, waste time and energy figuring out a way to deal with a nonexistent problem?
Just pay and spend the change as you go, it never accumulates too much.
Now and then use some of it when leaving a tip.
Truly not an issue to waste energy on!
I use TCF Bank and they have coin counters in the lobby.
You do not have to deposit it.
I use coinstar for gift certificates.
I have done it for two consecutive years so far.
Chevy Chase Bank of MD branches have free coin counting machines in their lobbies.
The machine counts the change and spits out a receipt.
Take the receipt to the teller and have it deposited to your account.
If you are a non-customer, then the teller will ask if you would like to open an account.
Just say no, pay no fee, and get bills.
My local Wells Fargo branch has a coin machine which is free for customers non-customers pay 10%, or something like that.
I throw them in my car.
Quarters I keep in a jar at home though.
I would never use CoinStar and pay that ridiculous fee.
I tell my friends not to either.
Agree with Mike D — I do not use cash for anything.
Credit cards are actually faster at the checkout, and they have rewards.
I literally cannot remember the last time I had any change in my pocket.
No cash means no change.
So what check this out do with accumulated change is a non existent problem.
I save the quarters for the car wash my credit card usually does not swipe correctly and I use the other coins just whenever.
Warren: some fast food wont take credit cards or charge a 50 cents fee if its under 10 bucks.
I basically take out 20 bucks a week and use it for the fast food places that charge extra for using credit cads.
Also, some independent contractors will give discounts if you use cash.
I am in banking and can tell you that most banks policy is not to accept loose change unless they have a change counter, which most banks do not as they are expensive and prone to breaking due to customers putting buttons, slugs etc.
The reason banks do not accept loose change is that it would be too time consuming to dedicate a staff member https://festes.ru/bank/get-a-bank-account-online-with-no-deposit.html counting change.
I personally have depositing coins at bank very large decorative jar that I put my change in and have viewed it as a very last resort savings account.
If I have to tap into my change jar then things are pretty bad.
Hopefully that day never comes and Deposit authorization form of america can just keep adding to it.
Since all but pennies are legal tender, how does a bank get away with not accepting coins?
It seems to be about time that we customers quit accepting these arbitrary rules and fees.
I did not want to deposit it into any of my accounts.
They refused me service, and I have 3 accounts their.
It seems they should accept valid US Legal Tender, and give you what you need.
Definitely not in the past 5 years.
When I travel on business I must use AMEX.
Maybe once a year I have to buy something for cash.
Everything else is paid for with plastic and earns me rewards.
Sometimes I even have to get a roll of quarters from bank for occasional parking meters.
Also, there is something nice about having guilt-free money I can actually spend without worrying about earning interest or saving for some golden years that I may die before reaching.
This change represents some of the only money I can be truly something online bank game congratulate with.
It is less expensive than most manufactured tile and will look gorgeous.
Like, leave it in the bank in the first place?
When I carried more cash I just paid exact change.
These days — credit cards only.
My kids do like to collect coins and amass plenty.
Every year or 2 or 3 we go to a Coinstar machine and exchange it for an Amazon gift card.
We will usually keep the gift card and transfer the amount to their bank accounts.
The one or two times we have done this, there was no fee.
https://festes.ru/bank/wells-fargo-bank-mobile-deposit.html that banks accept loose change is pretty cool — will just do that next learn more here />As an aside, I did use to work in a cash facility and we had a coin sorting machine.
That thing was the devil.
There was one employee who could tame the beast — I Was second best so I got stuck on coin duty way too much.
I would certainly agree that the accuracy is not near 100%… For those with kids: Are your kids totally oblivious to the value of a dollar?
Maybe they should roll some coins and get the idea that money and plastic are not equal.
I still bought it, but it definitely made an impression.
I think coin rolling can too.
The more change you use with a purchase, library fine, etc.
Spending as you go accomplishes this and makes this topic a non issue.
A couple dollars worth of coins kept in your car is no more a hassle than rolling or schlepping around pounds of metal, only to get ripped off depositing coins at bank a rigged machine.
Coincidentally, I see lottery machines often sited next to those coin counting machines.
Talk about a double whammy.
Begin by losing 10% of your money, flush your bills down the lottery machine, then buy groceries with food stamps.
The local Jack in the Box only takes debit cards.
But I do sometimes choose to eat certain places based on whether I can use the card without paying a fee —if i dont have the click the following article ill just pay the 50 cents, not a big deal.
I used to use Coinstar at the grocery store and always suspected I was getting something less than the actual value of the coins deposited into the machine irrespective of the stated service charge.
When the jar is ready for unloading, I deposit the coins in my account at my credit union, which offers free coin counters.
I should share this with my wife.
I have used the machine in the past in grocery store and have opted for the store credit i forget if theres any fee for that that I use depositing coins at bank my grocery shopping.
Then I transfer that same money into my daughters account.
I once read a post about using a local casino to change out coins.
If anyone would have accurate machines, it would be them.
Has anyone tried using a casino?
None of the banks in my area accept unwrapped coins so I roll them up whenever my jar gets full maybe twice a year.
As for coinstar I see the machine in my grocery store being used nearly every time I am in there.
I dont think they care about the fees i cant understand why anyone would use this service, when a fee is charged.
I guess they have a lot of money to burn.
Turns out she was grumpy and meant they want them rolled.
My wit was not appreciated.
Pennies go in a drawer, where I roll them once the amount gets annoyingly large.
All the silver pieces go in my car for parking meters.
Though more and more of my parking areas are the time-stamp kiosk style, which accept credit cards.
I wrote a similar article on my blog as well.
But I had no idea that these coinstar machines were off by that much.
I never gave saving coins a thought, just had 5 gallon water bottle under desk at work, I am now retired and bottle is full of silver coins.
Still looking for coin counting location in Los Angeles or outer area.
This afternoon, I decided to just remove them from the jar, bag and box them 5 gallon jar, about 90 pounds of coins, 10 years in the making.
Only one bank does and you have to be a member.
I called alot of banks in this state capitol.
I just recently opened bank accounts for my two children who are two years apart.
I am not sure how I should divy up the change I collect and distribute to which child.
I have the capital one venture card for my business.
The card is used and paid off every month for things that I can write off.
I still believe many things should be paid for in cash, one thing comes to mind is lunch with co-workers everyday.
Not everyone and everyday is willing to split the here evenly.
We always pay cash for our lunches.
That being said, my yearly loose change usually adds up to 500-700 dollars in a large pasta ikea glass jar.
That is until Wescom Credit Union installed a coin sorting machine and free of charge for members.
It was music to my ears… unfortunately that promo only went on for 2 years.
Now they charge 5%, which is acceptable to me.
Chase said they would only accept rolled coins and brought out a manual coin sorter and an employee started to help.
I protested that it looked like it could depositing coins at bank 4 hours to roll all my coins and that i had heard that wells fargo sends coins out to be counted and finally the guy brought a clear bag and we put about 35 lbs of coins into it and sent it off to someplace else where they will count it and later credit to my account.
I graduated college last year.
I could only find work a a summer camp for the summer, so I took that and kept looking.
I was off for 4 full weeks after camp.
No food, no gas, no bills.
I hope to have enough left over to put gas in my car so I can go to work on Monday.
Apparently we all use up every last of those bills.
Pros and cons: those metals can now be use in other industry… cons: there will be a huge shift in the economy!
Hihihi… I save it all and fill up my empty peanut butter jars when I have bank of america ate />I do save the copper pennies and nickels for their copper content.
I have been taking my excess coins to all the self-service checkout that so many places have and pay with coins there the machine is a little slow, but some places you can get them to give you paper bills for cash for your coins.
You just scan depositing coins at bank expensive item, feed in your pile of coins and then cancel the transaction, and the machine will give back your money in paper bills.
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