Too many coins! Take to bank or use machine at store. Which is better/?

Answer 1

Not the machines. They charge huge amt of money to do it. Take some rollers from a bank and every day sit and roll a few,like quarters 1 day,dimes the next,pennies the next and rotate so you won't get sick of doing it,then take either all the rolls when done to the bank or take several rolls,and cash them in,then at your leisure keep on working on the coins at home. Just go at it as if it were a project. When you get tired,stop. I used to do it while watching tv as long as you don't lose count and put the wrong am't in the wrappers.

Answer 2

Go to your bank and ask a teller what the best thing to do is. I used to work at the bank, and we actually had a system where you could deposit a bag of coins, and we'd have a machine count it for you (rolling hundreds of dollars in coins can be a pain!). You need to get the bag from the bank though; for my bank, it was a specific canvas bag. We'd have customers regularly come in and deposit bags of coins; it was always more convenient for them and the bank. And even better, there was no fee for it whatsoever :)

Oddly enough, there's no fee for using the bank whether you roll them or use the bag. There's a fee for taking it to the machine at the store though.. haha. That's a first.

Answer 3

Take them to your bank and cash them in. Rolled, of course. I recently had the same dillema and found it was better to roll them myself and take them in, after all why would I want to pay the fee at the coin machine when my bank gives me paper money in exchange for free?
I had 879 dollars. Yay me! Call your bank first. Most banks no longer require you write anything on the coin wrapper. To easy someone else to get your info. In fact some banks have to mark out all information you write on the wrapper which just wastes their time and yours. A simple phone call is all it takes to find out. Bank of America is a great bank if you are looking for one.

Answer 4

Some of the coin machines in the grocery store now offer your coins to be transfered into a gift certificate card.

Answer 5

Take them to the bank because the machines at the store charge you a fee.
Call your bank and ask them if they need to be rolled, or if you can bring them loose. Some banks have machines you drop them into loose, and tally the total, some want them rolled.

Answer 6

Call your bank or credit union. My bank AND my credit union will trade out the coins for paper for free. The credit union restricts the hours that it will take the coins but the bank is no problem.

Answer 7

the store machine charges you a fee depending on how much you deposit. if you want to keep all your money your best bet is to take the coins to the bank.

Answer 8

if you have a commerce bank near you, they have machines
thats you drop the money in. best part, its free of charge.
they give you a receipt and you take it to the tell and she
gives you the cash. you don't even need to have an account
there. the other option is to get a machine of your own that
rolls them, they cost about $20.00 and take it to the bank.

Answer 9

the counters at the store will charge close to 10%!!!!
some banks will charge, but some are offering as a free service. check around, 10% is prety steep. thats like giving away 1 dollar out of every 10 dollars in change.

Answer 10

If you have too many coins it is better to take them to the bank. Deposit them in person. For example if you have 200 pennies deposit them in person. Even if you get them in a toonie it is better to deposit them in the bank in person.