How do I cash in pennies UK?

Take it to your bank

Some banks now have coin machines that let you pay in your spare change without needing to sort it first. Not all banks offer these machines, and even those that do might not have one in your local branch. However, they should be able to take your coins if you sort them yourself.

Where can I change my coins for cash UK?

Use your bank

Your bank is probably the only place you could literally cash in your coin jars for bigger denominations or have the money put into your account. But don't think about turning up at your local branch with an unsorted pot of change. Your cashier will want you to have all your coins pre-sorted for them.

How can I exchange my pennies for cash?

Do banks still accept coins UK?

Yes, at the moment you can still use banknotes and coins as normal. The Bank of England will slowly bring in new currency. Please be careful of anyone who offers to replace your cash for you. This is a scam, and it's likely you will lose your money.

Where can I cash in coins for free UK?

Yes. If you have an account with any UK bank you can take your coins along to the bank, bagged up in money bags, where they'll be weighed to check the accuracy of your counting skills (!) and then either get the cash or deposit the money straight into your account.

Learn UK Notes

What can you do with pennies UK?

Take it to your bank

Some banks now have coin machines that let you pay in your spare change without needing to sort it first. Not all banks offer these machines, and even those that do might not have one in your local branch. However, they should be able to take your coins if you sort them yourself.

Does Coinstar have a limit UK?

What if I have a large amount of coins? If you think that you have more than £3,000 in coins, we may be able to provide special assistance. Please call Customer Service at 0800 328 2274.

Are old UK coins still valid?

When did the old one pound coins go out of circulation? The old "round pound" stopped being legal tender on Sunday, October 15. However, if you didn't manage to spend all of the old coins, you aren't necessarily out of pocket. Customers can continue to deposit them into any many usual high street bank accounts.

Which UK coins are valid?

These are the current coins that are used within England. They are the only legal tender coins that can be used in shops. 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2. So remember you cannot get a 15p coin etc.

Can banks refuse to take coins?

Yes. A bank can set its own internal policy as to whether it will accept or exchange unrolled coins for currency.

Will banks still accept pennies?

You may not like what you're about to learn: pennies are still legal tender. That means you can still use them at stores, and you can still deposit them at the bank.

Does US Bank exchange coins for cash?

US Bank. US Bank does not require customers to submit coins via rolls. You can submit coins free of charge, without having to go through the process of putting coins into paper holders.

Can you take old pennies to the bank?

Banks no longer have to legally accept old paper notes and coins once they have been withdrawn from circulation. However, some do continue to allow customers to deposit them into their accounts.

Does Coinstar take foreign coins?

Coinstar cannot accept Eisenhower silver dollars, 1943 steel pennies, pure silver, commemorative or foreign coinage. They may not be recognized by our kiosk or returned to you. Items such as keys, jewelry and other valuables should also not go into the kiosk.

Can I cash my coins at any bank?

Banks or credit unions

You can also turn to a local bank or credit union to exchange your coins for cash — or deposit the money into a bank account. Many of those financial institutions will ask you to roll the coins to turn them in.

Can you cash out coins at any bank?

Consumers can turn in their coins for cash at banks, which will give them their full value. Banks do not charge a fee to their customers when they deposit coins, but many require that the coins be rolled in wrappers.

Which UK coins are no longer valid?

How to value British coins?

If you want to know how much your coin is worth, the Seaby Standard Catalogue of British Coins is a great reference book that lists the 'catalogue' price of most British coins. However, it's important to remember that just because a coin is listed in a price guide, it doesn't mean there is a demand for it.

Is it worth keeping old pound coins?

Keeping old £1 coins

If you have one of the rarer designs, your pound coin could be worth more than its face value. The “Royal Arms” was the most common design, however there were 41 different combinations of designs and date in circulation, and certain coins could fetch you up to £20.

Can you still redeem old pound coins?

Unlike bank notes, UK coins are produced by the Royal Mint, who take no responsibility for coins that are no longer in circulation. However, most banks have said that they will accept old pound coins indefinitely, though you will need to be a customer of that particular bank.

Should you clean old coins UK?

Generally, it is better to leave your antique metal currency alone than it is to try and erase all the grime and grit off of those coins. Cleaning or polishing rare coins devalues them. So, if you're planning on selling them, get an appraisal before attempting to clean your coins.

What bank has a coin counting machine?

What to do with pennies?

How do I cash a large amount of coins?

Visit your bank or credit union

A lot of supermarkets have coin-sorting machines but almost all charge a service fee. (CoinStar's processing fee, for example, is currently 11.9% of whatever you convert, or $11.90 for every $100 in change.)