Except that some(most?) banks charge a fee if you bring coins that are more than "loose change" quantity to deposit. I forget how much, but if you bring in rolls and rolls of $1 coins, they have some sort of fee to deposit it. Yeah, I couldn't believe it myself the one time years ago I tried to turn in like just 3-5 rolls of some coin (forgot which). I said "you're charging me money to deposit legal tender US money in your bank?". The woman let me do it "the one time" without a fee. Apparently a lot of coin money isn't "real money" they want to deal with.
Originally Posted by
Sam - DFW
yes, somehow people are missing the point.
1. get coins on cc
2. take coins to bank and deposit
3. pay cc before incurring interest
if this doesn't work for you, then don't do it.
sam