I have two 5 gallon water jugs full of mostly silver coins.... But they want 7 or 8 % fee at these constar machines.... Imma throw my weight around at my bank and make them take all my spare change
My credit union has a similar machine that you pour your coins in and get a slip of paper that you take to a teller and cash out or deposit. No fee involved and you don't need to roll the coins.
This is super clever. The sort of folks who likely have a ton of change sitting around are probably the sort of folks not tithing 80% of their income to Pope Bezos, so the "first one's free" giftcard is exactly the trick to rope them in.
Comments & Reviews (11)
https://www.nbc.com/saturday-night-live/video/first-citywide-change-bank/n9701
How do they make money? The answer is simple: Volume
Thank you!