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fees for boxes of pennies...

PostPosted: Wed Dec 21, 2011 9:12 am
by cwgii
wf today earned a new all time low point in banking..... they wanted to charge me 3.00 for buying 10.00 of cwr..........

i canceled that account . pretty soon i will be out of banks.

Re: fees for boxes of pennies...

PostPosted: Wed Dec 21, 2011 10:23 am
by JerrySpringer
Time for a big road trip to Phoenix banks?

Re: fees for boxes of pennies...

PostPosted: Wed Dec 21, 2011 10:50 am
by newton7
Just when you think you have it all figured out one of the banks changes the rules! My Capital One started not fixing all the free counting machines. Now I'm down to BoA as a dump bank and to add to the problems it is also my source bank. The only good thing about it is they send the penny bags loose to another city to count so that should lessen the likely hood of buying my own back.
Oh course I buy at one branch and dump at another. Gotta keep them seperated.

Re: fees for boxes of pennies...

PostPosted: Wed Dec 21, 2011 11:01 am
by baggerman
I have run into the same thing and have found the best luck with credit unions.

Re: fees for boxes of pennies...

PostPosted: Wed Dec 21, 2011 12:00 pm
by highroller4321
cwgii wrote:wf today earned a new all time low point in banking..... they wanted to charge me 3.00 for buying 10.00 of cwr..........

i canceled that account . pretty soon i will be out of banks.



The bank has to pay .07-? to get the rolled coin. So if its pennies they are looking at a minimum cost of $1.40 to get 20 rolls of pennies. (plus the delivery fee)


If its customer wrapped than thats different but I am sure they won't how a different policy for both.

Re: fees for boxes of pennies...

PostPosted: Wed Dec 21, 2011 1:22 pm
by Dave
I have been lucky, never been ask to pay a fee and the tellers tell me they are happy to give them to me. Saves them the work from sending them out. I have @10 banks to get them from.

Re: fees for boxes of pennies...

PostPosted: Wed Dec 21, 2011 10:51 pm
by everything
I'm about to join another bank, for three total, and then I dump at random credit union branches.

Re: fees for boxes of pennies...

PostPosted: Thu Dec 22, 2011 9:38 pm
by chris6084
WF tried to charge me $10 for one box of coin today. They said it is a new policy that was put into effect nation wide. Funny because another branch a few miles away had no problem giving me coins at no charge.

Re: fees for boxes of pennies...

PostPosted: Thu Dec 22, 2011 10:33 pm
by HoardCopperByTheTon
Hey.. maybe WF can pay me $5 for every box of pennies I drop off then.. that would work for me. :mrgreen:

Re: fees for boxes of pennies...

PostPosted: Thu Dec 22, 2011 10:56 pm
by baggerman
chris6084 wrote:WF tried to charge me $10 for one box of coin today. They said it is a new policy that was put into effect nation wide. Funny because another branch a few miles away had no problem giving me coins at no charge.


I have had the same issue with 2 different branches of WF.

Re: fees for boxes of pennies...

PostPosted: Fri Dec 23, 2011 8:55 am
by cwgii
newton7 wrote:Just when you think you have it all figured out one of the banks changes the rules! My Capital One started not fixing all the free counting machines. Now I'm down to BoA as a dump bank and to add to the problems it is also my source bank. The only good thing about it is they send the penny bags loose to another city to count so that should lessen the likely hood of buying my own back.
Oh course I buy at one branch and dump at another. Gotta keep them seperated.


i too used to have boa...........until they mixed up my bag and someone elses. i lost 400.00........ and they would just say.... your risk .

Re: fees for boxes of pennies...

PostPosted: Fri Dec 23, 2011 10:07 am
by misteroman
^^^^ ouch that would hurt a little. My Bank was always asking me if I wanted them to order on the weeks when I didnt lol

Re: fees for boxes of pennies...

PostPosted: Fri Dec 23, 2011 7:36 pm
by Pachucko
cwgii wrote:wf today earned a new all time low point in banking..... they wanted to charge me 3.00 for buying 10.00 of cwr..........

i canceled that account . pretty soon i will be out of banks.


Yeah, my WF sucks too. I used to find an excuse to stop by every week and I would pick up a few rolls of nickels and pennies every trip. I haven't been in months, since they started charging.