Exchanging coins for cash

Gidea

Just wondering where to go to exchange coins for cash without being charged ~10% from the machines you see in shops. I don't think post offices do it anymore and cant really find much online with AIB.

Or alternatively can i lodge coins with AIB?

homer911

Tesco dont charge commision if you are going to spend the money in store

gizmo555

homer911 wrote: »

Tesco dont charge commision if you are going to spend the money in store

I tend to use their self service checkouts to unload excess coins.

Spocker

You could lodge to your AIB account via the Post Office - the fee is €2 per €100 lodged. You can also lodge to your account in-branch, but many only take coin lodgements at specific days/times

L1011

homer911 wrote: »

Tesco dont charge commision if you are going to spend the money in store

Unless changed, they do. Just makes it look like they don't

jimmii

If you are friendly with a local shop they are likely to be happy to take them off your hands saves you both money! I have a couple of people who come in to me every now and then with all their change handy not having to order it from the bank especially now AIB only issue change from certain branches.

mahoganygas

I've lodged into AIB and CU a dozen times and was never charged.

Between €500 - €1,000 each time.

homer911

L1011 wrote: »

Unless changed, they do. Just makes it look like they don't

Perhaps I should have been clearer - they dont charge commission if you put the coins through their change machine and opt for a voucher to spend at their tills

Hotblack Desiato

If you have a PTSB account you can lodge bagged coins for free.

bonyn

homer911 wrote: »

Perhaps I should have been clearer - they dont charge commission if you put the coins through their change machine and opt for a voucher to spend at their tills

I think they actually do charge anyway.
The machine says you can either exchange the voucher for cash (10% charge), or use the full value against your shopping.
However the value of the voucher is after the commission was deducted, so you still end up with less money.

Chris_5339762

+1 for the self service machines in Tesco. Just gotta be careful not to block them (have patience), go at a quiet time (to not be an extraordinary pain in the neck), and just hit "Pay balance with alternative payment" after to switch to the debit card to pay the rest.