Articles

Why did TD Bank stop the Penny Arcade?

Why did TD Bank stop the Penny Arcade?

We have determined that it is difficult to ensure a consistently great experience for our customers.” TD said it suspended using the Penny Arcade machines at its 1,300 branches in April and will now remove the machines.

Does TD Bank have free coin counting machines?

Does TD Bank Offer Free Coin Counting Machines? TD Bank, coined as America’s Most Convenient Bank, does not provide coin-counting machine to customers.

Can I get coins from TD Bank?

For consumers keen to cash in their coins, without the hassle of sorting and rolling, TD Canada Trust offers 300 solutions. The bank is installing more than 300 automatic coin counter machines in branches across Canada this year, building the biggest coin counter network across any financial institution in the country.

How much is the Coinstar fee?

Take your coins to a Coinstar machine. A 11.9% coin processing fee applies. Fees may vary by location.

Where can I cash in coins NYC?

Best Free Coin Counting Machine in New York, NY

  • Chase Bank. 2.9 mi. Banks & Credit Unions.
  • TD Bank. 0.8 mi. Banks & Credit Unions.
  • Republic Bank. 2.2 mi. Banks & Credit Unions.
  • Currency Exchange International. 3.4 mi.
  • TD Bank. 2.2 mi.
  • Republic Bank. 3.8 mi.
  • Municipal Credit Union. 0.9 mi.
  • Bank of America Financial Center. 0.9 mi.

Where can I turn in coins for free?

15 Places to Get Cash for Coins for Free (or Cheap)

  • Your Local Bank.
  • QuikTrip. Coin Counting Machines.
  • Walmart.
  • Kroger.
  • CVS.
  • ShopRite.
  • Hy-Vee.
  • Meijer.

Where can I count coins for free?

That said, these institutions do offer free coin counting and cash exchanges, with some qualifiers:

  • U.S. Bank (no rolls, but customers only)
  • Bank of America (requires coin rolls)
  • Citibank (requires coin rolls, and may charge fees in some states)
  • Chase (requires coin rolls)
  • Credit Unions (requirements vary)

Do banks still take pennies in 2020?

Yes, pennies continue to be legal tender in Canada and banks accept them for cash payments.

Does TD bank still accept pennies?

So if you bank with any of the big guys, such as Scotiabank, RBC, TD, BMO or CIBC, you can be sure they’ll accept your pennies – but remember to roll them. Quick Note #1 – As pennies are still a legal currency in Canada, you can actually pay your bills at the bank using pennies.

Is Coinstar a ripoff?

Coinstar charges a fee to be able to deposit your coins and get cash back. Yep, that’s right, you have to pay them money to get cash from your coins. Luckily for you, we’re here to show you how to deposit your coins for free and Coinstar allows you do to do it. It’s not illegal and they even show this on their site.

Which banks offer free coin counting?

What Banks Have Free Coin Counting Machines

Bank Customers Non-customers
People’s United Bank Free 8% fee (to increase to 11%)
American Eagle Federal Credit Union Free Free
Westerra Credit Union Free
Chase No Counters

What bank does free coin counting?

Is the Penny Arcade at TD Bank free?

TD Bank’s Penny Arcade: An Investment With a 58% Return. TD Bank has a coin counting machine called the “Penny Arcade.” It is similar to the Coinstar machines in grocery stores, but it’s free to use. We pour our coins into a receptacle at the top, and when it’s working properly the machine sorts and counts the money.

Is there a penny counting machine at TD Bank?

Last weekend, my girlfriend and I counted the coins in our coin jar and took them over to the local TD Bank branch about a half mile from my apartment. TD Bank has a coin counting machine called the “Penny Arcade.” It is similar to the Coinstar machines in grocery stores, but it’s free to use.

Who is getting rid of penny arcade machines?

TD Bank dumping Penny Arcade coin machines Pennies, America’s least loved coin, just got little harder to get rid of. TD Bank ( TD) is getting rid of its Penny Arcade coin counting machines following questions about their accuracy and apparent waning interest by customers.

How much money was undercounted at Penny Arcade?

The class action claims stemmed from an April 2016 NBC Today report that found TD Bank’s machines repeatedly undercounted coins. In one instance, a Penny Arcade counted $300 worth of coins as $256.90 — a nearly 15 percent error.