Loose Change

[The Mad Monk]

carreauchompeur said:

I remember doing catering on the Henley Regatta. Liberally stuffed with utter Tossers. Rich Tossers too, so the amount of banknotes just dropped and discarded in the mud was quite staggering.

I was on Epsom racecourse the morning after The Derby(?) There were a number of people walking round with metal detectors picking up money and valuables.

[The Mad Monk]

KaraK said:

I chuck pretty much all my sub quid change in a jar at home and then cash it in at those machine things, came yo over £150 last time!

Those machine things charge you for that service.

[soad]

The Mad Monk said:

KaraK said:

I chuck pretty much all my sub quid change in a jar at home and then cash it in at those machine things, came yo over £150 last time!

Those machine things charge you for that service.

Never used one. Must be cashing in on the growing reluctance (of banks) to take change.

Do some banks still have free coin changing machines in their branches? HSBC?

[HTP99]

soad said:

The Mad Monk said:

KaraK said:

I chuck pretty much all my sub quid change in a jar at home and then cash it in at those machine things, came yo over £150 last time!

Those machine things charge you for that service.

Never used one. Must be cashing in on the growing reluctance (of banks) to take change.

Do some banks still have free coin changing machines in their branches? HSBC?

Natwest do.

[Zoobeef]

Always pick up any size coin.
Saying that, I only save £5 notes (as they are the smallest) they get folded and put into one of those ceramic containers you have to break. I've not spent a fiver in 18 months. I have to stuff them in with a knife now but I still think there's a fair bit of room.
Even 2 a week is £520 a year so I have no idea what's actually in it.

Edit: For this reason, cash points that give out £5 notes really piss me off.

[MrBarry123]

It's good to know that when I do accidentally drop a coin and don't retrieve it, there's enough people around who'll ensure it won't be a littering problem for long.

[Abagnale]

How much commission do those coin star machines take?

[Zoobeef]

Abagnale said:

How much commission do those coin star machines take?

Too much. Just stick it in the slot on the self service. On some you can lift the slot cover up so you can put handfuls in at a time.

[br d]

Abagnale said:

How much commission do those coin star machines take?

They used to be 7%,I think they're up at 10 or 11 now.

[sjabrown]

I always pick up coins. It doesn't take long to accumulate a few quid for lunch. It's money you haven't had to earn and pay tax on.

[soad]

Abagnale said:

How much commission do those coin star machines take?

Is there a charge to use a Coinstar machine?

We charge a 9.9% coin processing fee for cash transactions (but, fees may vary by location). There is a 7% charge for charity donations. The fee is deducted from the amount poured at the time of your transaction.

http://www.coinstar.co.uk/FAQ.aspx

[Buster73]

Anyone saving shrapnel , count it out , bag it and swap it at any local independant shop , they'll be most glad to to help you out.

And you'll be nearly 10% better off as well.

[TwigtheWonderkid]

I'm amazed that people say cash encourages them to spend more. I find the opposite. I use my cards for fuel and internet shopping, but other than that it's cash all the way. I always have around £100 on me. I find I spend far less using cash than cards. Especially stuff I don't really need but take a shine to.

My wife's the same. Day to day she pays for everything in cash.