View Poll Results: Do you trust the bank coin sorters?
Yes
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22
84.62%
No
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4
15.38%
Voters: 26. You may not vote on this poll
Do you trust bank coin sorters?
#1
Above n Beyond
Thread Starter
Do you trust bank coin sorters?
I always take my loose change and put it in this bucket and every time I fill it up, I bring it in to the bank for cash. This got me thinking. I usually just dump the change into the machine and let it self-sort. Do you think those things scam you? I really dont feel like counting all of my coins but damnit, I dont trust anyone these days.
What are your thoughts?
What are your thoughts?
#2
My bank doesn't have them but I see them at the supermarkets. They charge like 7 cents for every dollar.
I just ask my bank for coin wrappers, count them/wrap them myself and bring it to the bank for exchange. I know I'm cheap like that.
I just ask my bank for coin wrappers, count them/wrap them myself and bring it to the bank for exchange. I know I'm cheap like that.
#3
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I always take my loose change and put it in this bucket and every time I fill it up, I bring it in to the bank for cash. This got me thinking. I usually just dump the change into the machine and let it self-sort. Do you think those things scam you? I really dont feel like counting all of my coins but damnit, I dont trust anyone these days.
What are your thoughts?
What are your thoughts?
#4
Above n Beyond
Thread Starter
You used to give your bag of coins to the teller person but now they have self coin sorters. Dump the change into a funnel type machine and it sorts it and pays you on the spot.
#5
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never seen it before, what bank is this at?
#7
Instructor
Join Date: May 2008
Location: Maryland
Age: 39
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I use to use the coin sorters at the grocery store, but they upped the price on each dollar, so I just head to the dollar store, buy the wrappers, and wrap them myself. I do it about twice a year so it's not a big deal imo.
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#10
Credit Unions have had these for years, now the banks are catching on to keep customers. I'll trust the one's at the banks and CU's. What I like for the one's at the grocery stores, is that you can cash them in for no charge and get like an amazon.com gift certificate, but I haven't used them. Most of the time the extra change goes into my son's bank account.
#11
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#14
Not Asian
I trust my bank. I see no reason not to trust them.
I'm pretty sure all banks have coin counters, but not all branches. Call customer service and find out which branch has one. No excuse to pay for your change to be counted.
I'm pretty sure all banks have coin counters, but not all branches. Call customer service and find out which branch has one. No excuse to pay for your change to be counted.
#15
Senior Moderator
Yep, I trust 'em... I'm sure there's a chance for errors, but what are you going to do ?
My bank doesn't have a counter available to the public, and I've got about $800 bucks worth of coins in a big bucket that I've been rolling up slowly...
I refuse to pay 7-10 percent to have my coins counted by coinstar... Maybe I need to switch banks and find one with a public coin counter.
My bank doesn't have a counter available to the public, and I've got about $800 bucks worth of coins in a big bucket that I've been rolling up slowly...
I refuse to pay 7-10 percent to have my coins counted by coinstar... Maybe I need to switch banks and find one with a public coin counter.
#17
Not Asian
Yep, I trust 'em... I'm sure there's a chance for errors, but what are you going to do ?
My bank doesn't have a counter available to the public, and I've got about $800 bucks worth of coins in a big bucket that I've been rolling up slowly...
I refuse to pay 7-10 percent to have my coins counted by coinstar... Maybe I need to switch banks and find one with a public coin counter.
My bank doesn't have a counter available to the public, and I've got about $800 bucks worth of coins in a big bucket that I've been rolling up slowly...
I refuse to pay 7-10 percent to have my coins counted by coinstar... Maybe I need to switch banks and find one with a public coin counter.
#18
all work and no play
To make it easier I have four separate cups that I throw my coins in, makes it a million times easier to roll them when you dont have to sort. I usually do it once every year or so, and usually have $300-400
I havent bothered with the pennies in several years and have one of those huge coffe cans full of them....those I plan to go to one of the coin star machines with just because its not worth my time to wrap them all
#20
One on the right for me
It really is. My g/f used to be a bartender and would usually bring home 6 or 7 dollars in change each night. She would roll the coins once a year. Fucking insane how much it is.
#21
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one year i wrapped up my coins and ended up with like 150.
#24
The sizzle in the Steak
The machines are accurate. There is no scam. Why would any bank take the risk of scamming customers over some coins? Makes no sense.
#26
We have those at Great Southern Bank here, Used it last year for my quarters we had, they actually had to come out and change the drop bags 2 times. Total came out to $2,600 in change (money collected from Guest Laundry Machines at hotel). I know the bank manager and he was interested as much as I was to see if the machine was off, took it back to one of their counters and it came out the exact same.
From that point, I decided to that my change will go to that branch as they also get it calibrated 4 times a year.
All it is is a drop bin, that you dump the change into, lift it up as it feeds the centrifuge type bin, and spins out the change to the correct bags, as each coin goes through it counts which bag it went into and what nott
From that point, I decided to that my change will go to that branch as they also get it calibrated 4 times a year.
All it is is a drop bin, that you dump the change into, lift it up as it feeds the centrifuge type bin, and spins out the change to the correct bags, as each coin goes through it counts which bag it went into and what nott
#27
Burning Brakes
iTrader: (4)
I work at TD (previously Commerce) and we have the Penny Machine... its pretty accurate allthough it does have its hiccups but the machine is tested three times a day for accuracy and if its off by even a cent on one of the test the test is redone up to 3 times if it still doesnt pass then we shut it down and wait for the tech guy.
So yes you can trust the machines they are tested. And TD does offer free coin counting even without an account just a little heads up for anybody with a TD bank around
So yes you can trust the machines they are tested. And TD does offer free coin counting even without an account just a little heads up for anybody with a TD bank around
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Last edited by remikinz; 03-02-2009 at 03:58 PM.
#29
is learning to moonwalk i
We have a cheapo coin sorter we use and wrap the coins ourselves. It adds up, but not as fast because we use the quarters for laundry. Plus, now my wife insists on searching her coin purse for change whenever we pay cash. That alone is making me want to always use credit.
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#30
Go Giants
#31
teh Senior Instigator
Join Date: Sep 2000
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man, i wish I had these......my banks have always made me wrap mine up...or else I go to the coinstar at the grocery store
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