So many of us have jars or boxes of loose change. It builds up and builds up until eventually we need to do something about it. Coinstar machines are popping up all over the place, in particular in supermarkets. You put all your change into it, it counts your money and then gives you a voucher for the amount BUT less a commission. Why am I going to pay someone else to count my money? I know that a large amount of coins can be refused in a store, but there are other ways around it. Here are my top tips to use those coins up for free!
- Visit a MetroBank – they have Magic Money Machines – basically a coinstar machine but it’s free to use. You don’t even have to be a customer. You can get the cash value of your coins there and then, or get it paid straight into your bank account if you are a customer.
- If you are in a shop at a self service checkout, and there isn’t a massive queue, just use your coins there. The machines (as far as I know) don’t have a limit as to how much they can take in coins so as long as you aren’t holding people up – you can take your time and use it up.
- Donate it to charity. Whilst technically not a cost free option, I’d rather donate my lose change to a charity than give it to a company like Coinstar. There are charity collection points in a vast majority of shops nowadays, or you can make a donation directly to a charity or in a charity shop. It’s a much better feeling too!
- Take them to your bank. It might not be as funky or fun as the Magic Money Machines, but they will count it for you and again, give you the value or pay it in to your account.
- Save up your 2p coins and next time you are passing an arcade (what do you mean that never happens) have a go on a 2p machine. Again, not a cost free option really, and I refuse to believe anyone has ever made a profit on one of those, but they are insanely good fun!
What do you do with your coins? I’d love to know!