Personal Finance

Spare Change Coins - Where can I cash them in

  • Last Updated:
  • Mar 12th, 2021 12:22 pm
[OP]
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Nov 9, 2006
374 posts
60 upvotes

Spare Change Coins - Where can I cash them in

Do any Banks do this anymore?
Do I have to roll it all up myself first?

I live in L1E1X6 area.
38 replies
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May 11, 2014
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The bank? Generally you have to roll up your own bank unless there is a coin counter but most banks are getting rid of these again due to cost and issues with counting. Don't buy rollers, ask the bank for them for free.
Coin counters are disappearing because of things like this....
https://www.businesswire.com/news/home/ ... ay-25-2016.

Probably true, but also likely minimal errors at best, but lawsuits a lawsuit.

My advice is find a coinstar that it is free if you redeem for a giftcard. If you buy certain giftcards, they give you the full face value of the gift card.

Or find a self-checkout for groceries and deposit coin each time to pay off groceries. Free . It takes a few times overtime to get it through, but no counting and overtime you can get rid of them.
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May 22, 2003
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On a related note, how do I get rid of USD change? I've accumulated a lot at my small business when people give me American change by accident.
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notenoughsleep wrote: On a related note, how do I get rid of USD change? I've accumulated a lot at my small business when people give me American change by accident.
Not much you can do, although someone I saw was selling it on Kijiji for slightly better than par, targetting people On their way to the States.

I fly to Japan often (not these days), so use it in airports in the US, although those stores hate me generally Smiling Face With Open Mouth And Tightly-closed Eyes
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Oct 23, 2017
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Some grocery stores (Food Basics in my area) have coin machines that count your change and print a voucher for store purchases. The one I use charges a small fee. It is always interesting to see what coins are rejected when you dump your change jar into the hopper - there is a lot of foreign coin circulating that you don't even notice.

My own coin jar takes a long time to fill now since I have basically gone cashless. I had to make a trip to a city with coin parking meters and I really had to scrounge to get enough coins for that trip.
[OP]
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Nov 9, 2006
374 posts
60 upvotes
Dealmaker1945 wrote: Some grocery stores (Food Basics in my area) have coin machines that count your change and print a voucher for store purchases. The one I use charges a small fee. It is always interesting to see what coins are rejected when you dump your change jar into the hopper - there is a lot of foreign coin circulating that you don't even notice.

My own coin jar takes a long time to fill now since I have basically gone cashless. I had to make a trip to a city with coin parking meters and I really had to scrounge to get enough coins for that trip.
Yes - COINSTAR.
There is a 11.9% processing fee which seems quite high, but might be worth my laziness :)
I have about $500 worth of un-rolled coins
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Feb 8, 2014
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I found accumulating change was a headache.
So i just kept a dollar in change in my wallet each day and used it up. If you do multiple cash transactions a day keep $2 worth of change
Took surprisingly little time.

That said for $500 and if you don't use cash, just buy some rolls from the dollar store and do some while watching TV.
For 11.9% of $500 i would do them for you but i do not live in your area.
In fact in Rand McNally they wear hats on their feet and hamburders eat people
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Oct 17, 2012
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A lot of grocery store self checkouts have a bowl for coin payments... just pour it in there and wait as the coins slowly subtract from your total owing grocery bill.
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sunnysidesolutions wrote: A lot of grocery store self checkouts have a bowl for coin payments... just pour it in there and wait as the coins slowly subtract from your total owing grocery bill.
Thats a pretty good workaround.
In fact in Rand McNally they wear hats on their feet and hamburders eat people
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Oct 23, 2017
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Never saw one of those yet. Just an old lady at the staffed checkout counter counting those nickel and dimes from her purse with the cashier rolling her eyes. But I am always patient and savour this frugality.
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Jan 24, 2004
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Dealmaker1945 wrote: Never saw one of those yet. Just an old lady at the staffed checkout counter counting those nickel and dimes from her purse with the cashier rolling her eyes. But I am always patient and savour this frugality.
If a person really needs to pay with change, be it cause that's all they got or want to get rid of their change, please sort it out so the cashier doesn't need to count it for you..

I got caught behind a guy at the supermarket who paid for $20+ in mostly random change. Poor cashier had to sort through the change and count for him. He apologized to me for it taking so long and I didn't blame him. Just told him to clean his hands for his own sake after handling all that change with his bare hands.
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Sep 10, 2007
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I still have a large tin (one of those large sized 'Nestle Quik' hot chocolate containers) full of pennies. I've been too lazy to do anything with them especially since they're not rolled up. Oh well.
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Sep 21, 2007
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i throw all mine in at a Safeway.. and i get a giftcard..
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notenoughsleep wrote: On a related note, how do I get rid of USD change? I've accumulated a lot at my small business when people give me American change by accident.
If you don't care about the exchange, you can just spend it like Canadian coins even if it isn't legal currency in Canada. Most places where I've done this won't care and will take it. I've never had a Canadian store that refused to take it when I've done this in the past. More recently (within the last 10 years or so), I don't do this since pre-COVID-19 (and once the pandemic situation is no longer a major concern), I visit the US at least twice a year for a minimum of 1 week each time so just spend/use my US change there.

What I've normally done with my US change for the last 10 years is I keep it for my next trip to the US.

During my trips to the US, I will try to reduce the amount of coins I get back in terms of change. Also, for my US trips, on my last day, I normally leave all my US change in my hotel room (from what I collected when paying in US cash that I didn't use) along with a few bills for house keeping services (depending on the number of days I've been there and when house keeping services showed up in my room the last time).
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Riffer wrote: I keep the US for toll roads.

I like the idea of the grocery store to get rid of the Canadian.
If you use the EZPass network you can get a transponder.
It can take much longer than the stated interval to arrive in Canada.
In fact in Rand McNally they wear hats on their feet and hamburders eat people
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Why do people hoard their change until they have buckets worth of it? What’s the point? I don’t use cash much, but when I do I just spend any coins I have. I’d rather get rid of it as quickly as I can, and not hoard it. Right now I have a grand total of six coins in my possession worth $4.40.
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Kiraly wrote: Why do people hoard their change until they have buckets worth of it? What’s the point? I don’t use cash much, but when I do I just spend any coins I have. I’d rather get rid of it as quickly as I can, and not hoard it. Right now I have a grand total of six coins in my possession worth $4.40.
People are just too lazy to spend the coins.
It involves counting, and a bit of thinking.
Some people even prefer it. So they get a bit of a surprise when they roll up $100 worth of change.

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