Changing loose chan...
 

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[Closed] Changing loose change machines

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Posts: 49
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I've got loads of loose change - heard that at supermarkets you have machines where you chuck it in and get it out as something easier to spend but have to pay a fee.

Anyone used them - are there better ones out there I should keep any eye out for?

(Sorry wrong forum)


 
Posted : 27/12/2009 9:48 am
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A bank will change, errrr change for you free. (you may have to bag it up though)


 
Posted : 27/12/2009 10:25 am
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A bank will probably have a max value. The machines charge something like 5p in the pound - worth it not to have to count it yourself.


 
Posted : 27/12/2009 10:32 am
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let a charity count it for you? 😉


 
Posted : 27/12/2009 10:37 am
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The machines do take a percentage, but banks and building societies make it difficult by only allowing you take in a few pounds worth of change each day, Normally around £5 maximum.


 
Posted : 27/12/2009 10:40 am
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Take it to a Bank and take a small child with you and tell the bank its from the small childs piggy bank, no charge. 😉


 
Posted : 27/12/2009 10:50 am
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7p in every £1 hardly a major drama..

And a lot less hassle than bagging it all up IMHO.


 
Posted : 27/12/2009 10:53 am
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No problem at some banks if you have an account & no limit - you do need to bag it up though

Coop is OK
Nat West is OK

not tried any others but I recently took £2k of change into the Coop [I have a smile account] & they were fine
I would however avoid busy times


 
Posted : 27/12/2009 10:55 am
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uplink, your sofa must be an amazing place...£2k of change, yikes!!


 
Posted : 27/12/2009 11:23 am
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uplink, your sofa must be an amazing place

I have a 6 litre beer keg [empty of course] with a slot cut into it that I empty my pockets into every day - so there's usually at least £3 often up to 10 going in most days
When I fancy something new - I cut it open


 
Posted : 27/12/2009 11:57 am
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Supermarket machines usualy charge 10 percent (robbin bastids), I recently changed 850 quid in loose change at barclays for free. I do not have an account with them, I had it all bagged up ready and just took 250 quid a day in they changed it no problem.


 
Posted : 27/12/2009 12:03 pm
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I use those machines too, don't mind sacrificing 7p/£ to avoid having to bag it all up myself. Empty in tub of change, collect receipt and all the various foreign currencies and car park tokens from the reject tray. Besides, I like the clattery noise it makes.


 
Posted : 27/12/2009 12:07 pm
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Jesus!!! I've only got about £5 but need a brake outer for my daughters bike so am going to use one of those machines this time - once I've saved up more I might try the bank route.


 
Posted : 27/12/2009 12:10 pm
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If it's only a fiver just pay for the outer with it


 
Posted : 27/12/2009 12:26 pm
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I just feed them into those self service tills in ASDA, then pay what ever is left with card


 
Posted : 27/12/2009 1:15 pm
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Why don't you use your loose change for something more unconventional - like spending it in shops to buy things with? If you do that regularly enough you never build up vast quantities of the stuff.


 
Posted : 27/12/2009 2:02 pm
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Some banks now have loose change machines. The HSBC in Northallerton being the one I used - same as supermarket machines but no charge


 
Posted : 27/12/2009 4:04 pm
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If I break a note, I never put 1, 2, 5, or 10p coins back in my pockets when I'm next going out. I may not manage to spend them, and they just weigh my trousers down. I now have a heap of change, so I think I'll try the machine in Sainsbury's. 7p/£ sounds like a good rate of loss compared to the other arcade machines 😛


 
Posted : 27/12/2009 4:15 pm