Depositing change into our bank
 

Back in TN, we were able to take bags of unwrapped change to Bank of America and they would send it through some magic internal process and deposit it into our bank account. The process took a month or so, but was fine because it worked.

I tried this with our local BoA, and they said they don't do this. I have to wrap all the change.

Does anyone know of a way to convert change that doesn't cost $0.07 on the dollar and doesn't require me to spend hours wrapping coins?

Thanks!

I think they have coin machines at some stores, like Publix and others, that will allow you to set up an Amazon account where the coins are converted into a credit to be used on Amazon.com. They don't charge anything for this option.

Sign of the times. Wells Fargo in Minnnesota (where we’ve banked for nearly 3 decades) used to have a coin-counting machine in their lobby. Dump the coins in and after a few seconds of rattling around the machine issued a ticket, which you took to the counter and either cashed in or deposited. A couple of credit unions did the same thing. Not any more though…now it is rolled coins or nothing. I don’t mind rolling anything from a nickel on up but doing it with pennies is a waste of time. I take ‘em to Wal-Mart sand pay the whatever percent they charge for changing the pennies into paper.

According to my wife, it is all part of a movement toward a cashless society.

There are still quite a few credit unions in TN (Like TVA Employees') that do this. I joined one and park $100 in an account there simply for access to their free CoinStar machine in the lobby and in the unlikely even I will need to take advantage of their low loan rates in the future. All about keeping options open for me. Plus, I can always get the $100 back whenever I want.

The supermarkets in TN charge about 10% for the honor of using their CoinStar machines. No thanks.

Citizens has a change machine in LSL I believe there is no charge for account holders.

Wrapping coins is my rain day job about every 6 months

It's also my "splurge" money. I wrap it, bring it to Citizen's, they give me bills, and I use the money to splurge on something at Sephora or Ulta.

I have almost totally eliminated my coin accumulation problem. I use a credit card for almost everything I buy, except at sit down restaurants, where I pay cash and never ask for change. I always carry a supply of 20's, 10's, 5's, 2's, and 1's. I order two dollar bills at the bank because that is the only source that I know of.

TD Bank had coin counting machines when we used them up North, I saw they have a branch near or in TV, but I have no idea if they still have the coin counters.
I also wrap my own, usually when reruns are on.

According to TD Bank, they no longer have coin counting machines at any of their locations.

When I go to a grocery or whatever that has a self-checkout, many will accept coins. I put a handfull of coins in my pocket, and if there is not too long a line behind me, I feed the machine. It keeps the coin jar manageable.
OTOH, if you're buying rolls to search for silver or something, good luck.

You must be one of those people that I always get behind in line. Do you have one of those rubber squeeze thingies for coins?

Not if they keep slapping on surchargers for using a credit card, :22yikes:

Cashless society = total loss of freedom, people we can not let this happen .
 

[QUOTE=ThirdOfFive;2306146]Sign of the times. Wells Fargo in Minnnesota (where we’ve banked for nearly 3 decades) used to have a coin-counting machine in their lobby. Dump the coins in and after a few seconds of rattling around the machine issued a ticket, which you took to the counter and either cashed in or deposited. A couple of credit unions did the same thing. Not any more though…now it is rolled coins or nothing. I don’t mind rolling anything from a nickel on up but doing it with pennies is a waste of time. I take ‘em to Wal-Mart sand pay the whatever percent they charge for changing the pennies into paper.

According to my wife, it is all part of a movement toward a cashless society.

I have an extra coin counting machine if you want it you’re welcome to it. You put the coins in the top and it sorts them into the individual wrappers for U. Let me know.

Absolutely. Just take your coin to any casino. They will be happy to count it and give you cash back for it. No charge. Unfortunately, I’m not aware of any casino closer to The Villages than Hard Rock in Tampa.

2's
 

Love it. Two dollar bills have an interesting history.

Vystar CU has coin machines in their lobbies. I haven't used them so I don't know if there is a surcharge or not. I know some coin machines will give full value if you select an electronic gift card. There was one near our house in Virginia that had Amazon cards. Since we buy stuff from Amazon, it seemed like the best option. The machine's website listed what gift card options were available at different locations. In the last four years, I have probably only gotten a handful of coins so not a problem any more.

Cashless looked like a takeover but now that fees are so high, people are charging extra fees to use a credit card and are asking for cash or checks. I guess life is really a circle after all.

We use the coin machine at Vystar. There is no charge or fee.

Coin machine in Walmart on HWY 441 at customer service area. No service charge.

The solution is to spend the coins as you get them. I pay with exact change every time I can. Reminds me of when I was young and most things were bought with change; 5 cent bottle coke, penny candy, etc. You only accumulate change if you don't take a moment to count it out; my wife does even if I'm in a hurry.

From Google:

How much does Walmart coin machine charge?
It allows you to declutter your pockets or piggy banks by getting rid of unwanted coins while providing convenient options for converting them into usable funds. In summary, as of December 2023, customers using the Coinstar machine at Walmart should expect an 11.9% processing fee if they choose to receive cash.Dec 16, 2023

I get behind the ones who stand there while the cashier rings up $100.00 worth of food, then tells the person the amount, then the person starts digging in her purse for her wallet or checkbook. :loco:

Yes, you can Google "coinstar locations"....the machine has some options that do not extract a fee. But even 7% fee is worth not having to waste time counting and wrapping!!

I get those too. Also, some people act like they have never used a credit card machine when it is time to pay.

Boy, I would love that!

Maybe buy an inexpensive coin counter/wrapper machine on Amazon?

There are coin machines in Publix and Winn Dixie. At Winn Dixie I put my jar of change in and choose an Amazon gift card as payoff and the fee is waived. There might be other options.

TD bank had coin counting machines in NJ. They supposedly charged nothing for this service. They had an option for you to guess how much you had accumulated. If you were within a certain amount there would be a prize. That backfired on them
when some people had counted in advance and found that the machine had short changed them. Soon after that the machines disappeared.

Unfortunately TD has taken most if not all of their coin machines out. Claimed there were too many people saying they were inaccurate plus there were some mechanical problems. So now, as others have been saying, it's wrapped or nothing. I have a small craft business so I just keep mine in a bank at home and just replace what I give out in change at the shows. Or give it to my granddaughters for their banks.

No charge for Vystar members, but a 6 percent charge for non-members.

TD Bank was sued in a class action because the coin counting machines weren’t accurate. As a result, they removed the free machines.

I never used them for myself but a friend of mine who didn’t have a TD account always asked me to take her coins to the bank and get cash back. As a result, I was a class member.

I figured I might be able to retire early. I got a check for about fifty cents! But the lawyers got paid.

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Klattu carried diamonds.

I will leave this task to my children. Sonething to keep them occupied at my wake.

Are you aware of any of these machines in The Villages, or surrounding area? Our Publix has a machine, but it doesn't have the feature and has a 10% fee. Thanks!

Looking for which Publix and Winn Dixies?

The Winn Dixie in Pinellas Plaza (and possibly others) has a Coinstar machine that offers gift cards, including Amazon for no charge. But, apparently, Publix has replaced their coin machines and eliminated the gift card option.

I thought I saw a sign by that machine that had something like a 7% charge for using it. Of course I could be confusing it with another machine and place. Do that a lot lately.

See Post No. 23