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Would you pay 9.9% to count your small change?

  • 26-07-2011 10:26pm
    #1
    Registered Users, Registered Users 2 Posts: 785 ✭✭✭ILikeBananas


    I was in my local Tesco the other day waiting for my sister to go through the checkouts when I saw this Coinstar change counting machine. If you're not familiar with it, it's a big machine about the size of a passport photograph booth that will accept a bucket of loose change and will count it and give you a voucher (as far as I know).

    So I was thinking "That's a good idea" but then I noticed the (very small) sticker that said "Coinstar charge a counting fee of 9.9 cents per euro counted.

    I think this is daylight robbery-like fair enough charge a fee but 9.9%!

    These things have been around a long while so clearly somebody is using them.
    Would you?

    Would you pay 9.9% to have your small change counted 133 votes

    Yeah, it's too much hassle to count it out myself
    0% 0 votes
    Not a hope-there's a recession on!
    31% 42 votes
    Bastard!
    68% 91 votes


«1

Comments

  • Registered Users, Registered Users 2 Posts: 9,844 ✭✭✭py2006


    Don't bother! Just get the money bags from your bank! count it out and they will give you cash without charging you!

    or you could do what I did! I counted up nearly €300 euro in change, put it into the bags and the local took it off me for cash!!!

    Although they got most of it back anyway! :rolleyes:


  • Registered Users, Registered Users 2 Posts: 145 ✭✭shamtastic


    1. It's quick and saves you time + effort putting coins into bags.

    2. It counts all your change whereas the bank needs bags in exact amounts and you'll always have a few euro of left overs so it's convenient enough although I see where you're coming from!


  • Registered Users, Registered Users 2 Posts: 519 ✭✭✭AnneElizabeth


    I hate those machines! I know you're never going to have hundreds of Euros in small change, but it's annoying to have to pay so much just to get the money changed. I'd prefer to go to the bank.


  • Closed Accounts Posts: 22,559 ✭✭✭✭AnonoBoy


    It used to be 12% commission they charged so they're moving with the times!


  • Closed Accounts Posts: 461 ✭✭carefulnow100


    Just pay someone else 2% to count it:cool:


    I should run the banks


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  • Registered Users, Registered Users 2 Posts: 9,276 ✭✭✭sdanseo


    I'll do it for coppers, maybe 10c's but I count the rest myself. Went in with a huge jar of 1-10c coins a while back and got €17. counting that, bagging it, bringing to the bank would have been a royal pain.


  • Registered Users, Registered Users 2 Posts: 7,245 ✭✭✭amacca



    I think this is daylight robbery-like fair enough charge a fee but 9.9%!

    These things have been around a long while so clearly somebody is using them.
    Would you?

    No but its amazing what people are prepared to pay for convenience....cough (lazy or stupid bstids)


  • Closed Accounts Posts: 18,163 ✭✭✭✭Liam Byrne


    That was in Tesco?

    Just go to Tesco when it's quiet and then use their self-service checkout; it'll count it AND won't charge you anything.


  • Registered Users, Registered Users 2 Posts: 670 ✭✭✭Naomi00


    No way! I count money for someone I know and they were thinking about using that machine but didn't bother. The money I counted added up to about €1500, counted it in about an hour. It would be a waste of money to pay €150 to a machine when you can do it yourself.


  • Closed Accounts Posts: 461 ✭✭carefulnow100


    py2006 wrote: »
    Don't bother! Just get the money bags from your bank! count it out and they will give you cash without charging you!

    or you could do what I did! I counted up nearly €300 euro in change, put it into the bags and the local took it off me for cash!!!

    Although they got most of it back anyway! :rolleyes:

    :eek::eek::eek:


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  • Registered Users, Registered Users 2 Posts: 7,245 ✭✭✭amacca


    Liam Byrne wrote: »
    That was in Tesco?

    Just go to Tesco when it's quiet and then use their self-service checkout; it'll count it AND won't charge you anything.

    Genius....

    buy the cheapest item in the store and shovel eleventy million squids in copper into the till before it has time to react

    up yours coinstar 9.9%!


  • Registered Users, Registered Users 2 Posts: 11,224 ✭✭✭✭Marty McFly


    Yep I sure would and have done in the past its just a lot handier.

    p.s does anyone know were theres one of these in around Clondalkin, Tallaght or Lucan area? I know this is after hours not Dublin but just thought id throw it out there while were on the topic:).


  • Closed Accounts Posts: 3,748 ✭✭✭AgileMyth


    No I would not. But its not because there's a recession on, pissing away money is foolish at the best of times!


  • Closed Accounts Posts: 6,084 ✭✭✭oppenheimer1


    Liam Byrne wrote: »
    That was in Tesco?

    Just go to Tesco when it's quiet and then use their self-service checkout; it'll count it AND won't charge you anything.

    And the new self service machines have a hopper now for change, so its even handier to dump a load of coppers into them.


  • Moderators, Sports Moderators Posts: 5,067 Mod ✭✭✭✭GoldFour4


    How would you ever know if the machine was counting the right amount. Seems like a scam tbh.


  • Closed Accounts Posts: 10,271 ✭✭✭✭johngalway


    Not even for 1c pieces.

    Money bags, as someone said. Or local shopsusually like getting change.


  • Closed Accounts Posts: 15,515 ✭✭✭✭admiralofthefleet


    the coin machines in supevalu dont charge. shove that up yer bollix tesco


  • Registered Users, Registered Users 2 Posts: 3,189 ✭✭✭boomerang


    Yes for coppers, but not for 10c, 20c or 50c coins.

    I wait til I have loads of coppers - I empty my wallet of change every day - and then use the machine. Last time it came to €26.00. Didn't mind paying €2.60 odd for the convenience.


  • Closed Accounts Posts: 22,559 ✭✭✭✭AnonoBoy


    I always feel like it's free money when I empty my change jar.

    Good advice on the Tesco self service - must give that a go next time I'm bored. Can you put as much as you like in or does it stop you when you've reached the amount necessary for your purchase?


  • Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    Liam Byrne wrote: »
    That was in Tesco?

    Just go to Tesco when it's quiet and then use their self-service checkout; it'll count it AND won't charge you anything.

    Sooo trying this tomorrow morning.


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  • Registered Users, Registered Users 2 Posts: 5,573 ✭✭✭pragmatic1


    Done it at 12.5%. Was a monster bag of 1 and 2 cent though.


  • Registered Users, Registered Users 2 Posts: 148 ✭✭YoureSoVain


    If you want to redeem the voucher for cash you pay. but if you use the voucher to pay for your shopping it doesnt charge you the fee


  • Moderators, Education Moderators, Regional South East Moderators Posts: 12,527 Mod ✭✭✭✭byhookorbycrook


    I borrow the change machine from work.We had €300 + in the jar for our hols.


  • Closed Accounts Posts: 4,300 ✭✭✭HazDanz


    Liam Byrne wrote: »
    That was in Tesco?

    Just go to Tesco when it's quiet and then use their self-service checkout; it'll count it AND won't charge you anything.

    I do that :) Also If you live on a dub bus route abuse the exact change rule with your collection of coopers. You might get a look off of the driver but fcuk it.


  • Registered Users, Registered Users 2 Posts: 3,314 ✭✭✭naughtysmurf


    I use it,

    Every morning, anything less than a €1 coin goes into a bag at work, I keep track of what I put in it and every two months I cash it in, usually about €40 to €50, saves me a 20min drive going into a bank to stand in line for 30mins, for four or five euro every couple of months I think it's ok, suits me and besides the counting I exchange for notes,


  • Closed Accounts Posts: 4,003 ✭✭✭CorkMan


    Naomi00 wrote: »
    No way! I count money for someone I know and they were thinking about using that machine but didn't bother. The money I counted added up to about €1500, counted it in about an hour. It would be a waste of money to pay €150 to a machine when you can do it yourself.

    Did an old women give you the change by chance?


  • Registered Users, Registered Users 2 Posts: 2,328 ✭✭✭Mezcita


    Liam Byrne wrote: »
    That was in Tesco?

    Just go to Tesco when it's quiet and then use their self-service checkout; it'll count it AND won't charge you anything.

    I nearly got lynched when I tried that in Tesco Ballybrack.


  • Registered Users, Registered Users 2 Posts: 13,016 ✭✭✭✭vibe666


    i know of a guy who has a dozen or so of these things that he goes around emptying and taking to the bank.

    afaik he empties each one about once every 2 weeks or so and although i don't know how much he makes off them, he doesn't have any other job that i know of, so he must be doing okay off it and fair play to him, making a business off the laziness of others. :)


  • Registered Users, Registered Users 2 Posts: 308 ✭✭EmacB


    How would you ever know if the machine was counting the right amount. Seems like a scam tbh.

    No way a massive company like tesco would risk the controversy if they did do that!

    I think its a great idea for coppers, they would go to waste otherwise anyway!


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  • Registered Users, Registered Users 2 Posts: 13,745 ✭✭✭✭ArmaniJeanss


    Use the 1c, 2c, 5c in the Self Service checkouts as Liam said.
    Also if you are buying something for 1.20 or 2.30 (newspaper, busfare) then its another opportunity to make inroads into them for the odds.

    20s,10s can be used in an off-license. Strolling over to buy 4 cans for €6? A Fiver and ten 10c coins or 5 20c coins, job done.


  • Closed Accounts Posts: 7,333 ✭✭✭RichieC


    used those machines a few times... not so sure it was 9.9% though..


  • Registered Users, Registered Users 2 Posts: 670 ✭✭✭Naomi00


    CorkMan wrote: »
    Did an old women give you the change by chance?

    Lol no, it was from taxi fares.


  • Registered Users, Registered Users 2 Posts: 13,114 ✭✭✭✭bnt


    9.9%? It was 8% on the machine I saw in a Tesco a couple of years ago, and that was too much for me. It didn't say "8%" in so many words, of course - the language was odd, designed to fool the unwary (in my opinion).

    You are the type of what the age is searching for, and what it is afraid it has found. I am so glad that you have never done anything, never carved a statue, or painted a picture, or produced anything outside of yourself! Life has been your art. You have set yourself to music. Your days are your sonnets.

    ―Oscar Wilde predicting Social Media, in The Picture of Dorian Gray



  • Registered Users, Registered Users 2 Posts: 12,674 ✭✭✭✭Mr.Crinklewood


    the coin machines in supevalu dont charge. shove that up yer bollix tesco

    Can you give the locations of said machines?


  • Moderators, Computer Games Moderators Posts: 7,944 Mod ✭✭✭✭Yakult


    People are lazy, machine is convenient = business


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  • Registered Users, Registered Users 2 Posts: 9,275 ✭✭✭SeanW


    Not a chance in hell I would pay that - far cheaper ways to spend/exchange coins.

    https://u24.gov.ua/
    Join NAFO today:

    Help us in helping Ukraine.



  • Registered Users, Registered Users 2 Posts: 13,016 ✭✭✭✭vibe666


    Can you give the locations of said machines?
    the one in my local supervalu does.


  • Registered Users, Registered Users 2 Posts: 8,868 ✭✭✭Ray Palmer


    After spending about 5 hours counting change I decided using it to count the coppers. Charged €7 even if it had taken me just a hour it was worth but it easily saved me 3 hours.

    They aren't owned by Tesco BTW they lease the space and have an arrangement. Banks charge to get change for companies so they actually are a really good idea for the shops who get their change for free. HTe owner gets the profit.


  • Closed Accounts Posts: 20,759 ✭✭✭✭dlofnep


    Liam Byrne wrote: »
    That was in Tesco?

    Just go to Tesco when it's quiet and then use their self-service checkout; it'll count it AND won't charge you anything.

    Recession smashing tip of the week.


  • Registered Users, Registered Users 2 Posts: 168 ✭✭bowsie010


    20s,10s can be used in an off-license. Strolling over to buy 4 cans for €6? A Fiver and ten 10c coins or 5 20c coins, job done.

    Heres a Top Tip, They can also be used in all other shops.


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  • Registered Users, Registered Users 2 Posts: 1,253 ✭✭✭..Brian..


    I'm more than happy to pay the commission to have my coins counted at my convenience and effortlessly by these machines. I brought in a coffee jar full of change recently and was charged €18 to have €180 worth of coppers counted in less than 5 minutes. No need to get bank bags, separate coins and queue for the bank.

    And I'm more than happy to do it again. :D


  • Registered Users, Registered Users 2 Posts: 21,798 ✭✭✭✭Mushy


    Im actually struggling out of bed and first on my to-do list today is empty my Jaeger tin of the change in it. Should be enough to feed me until payday.

    In other words, Im lazy and this machine is great.


  • Closed Accounts Posts: 15,238 ✭✭✭✭Diabhal Beag


    Nobody should be arsed to save 70c by taking at least an hour longer counting 1c coins by yourself. It's convenient to use the machine.


  • Registered Users, Registered Users 2 Posts: 6,304 ✭✭✭bonzodog2


    I'd never pay the 9%. I used to not take out anything less than 50c, and count and bag the rest every once in a while, and take them to the bank. Now I recycle 10c/20c back into the money I take to the shop occasionally, the coppers wait until I have a bank change bag full, then go to the self service till at Tesco.


  • Registered Users, Registered Users 2 Posts: 25,243 ✭✭✭✭Jesus Wept


    Bus fares.


  • Closed Accounts Posts: 462 ✭✭El_Drago


    I did it once with a pile of 1 and 2 cent coins that I had amassed over 3 years.They amounted to 74 euro something.I was only happy to give them 10% of it as there wasn't a hope in hell that I was going to count it myself.


  • Registered Users, Registered Users 2 Posts: 27,351 ✭✭✭✭super_furry


    Same thing here. I have a massive jar at home that gets any change in my pocket that's smaller than 50c each night. It would take me hours to sort it out and arrange everything so once ever three of four months I bring it down, dump it in the machine and get €120 back. It's worth the €12 it would cost me.


  • Registered Users, Registered Users 2 Posts: 263 ✭✭marxcoo


    Yes I would. But I used to pay my older brother 50% to bring all my change to the credit union when I was younger. I'm terrible with money.


  • Registered Users, Registered Users 2 Posts: 6,477 ✭✭✭weemcd


    I have a small set of digital scales, 1p in sterling (uk money) weighs 3.56 grams, put a stack of coins on, divide by the weight for each coin you have and it saves some time. In saying that, I've used the machine on occasion, just taking a carrier bag in full of coins, fúcking them into the machine, and letting it do the dirty work is very easy, you don't even lose the commission if you use the voucher in store. Plus I hate banks, and will do anything I can to avoid standing in them for any reason, or 1 second longer than I need to.


  • Registered Users, Registered Users 2 Posts: 1,104 ✭✭✭moonflower


    I find counting change very relaxing so I usually just count it out and bag it up. Although since a Tesco opened within walking distance of me I now just grab a fistful of coppers from the jar and throw them into the self service till.


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