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Old Oct 7, 2009, 12:53 pm
  #5056  
 
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Limit is now 99 boxes of NA's => $24,750 max per order.
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Old Oct 7, 2009, 1:25 pm
  #5057  
 
Join Date: Sep 2009
Posts: 15
Originally Posted by kshahk
In my area most banks are refusing to accept $1 coins now. I don't even more than 1.5k to 2k at a time. I have been told by several branches of different banks this is the last time. Please do not bring more.

It was great while it lasted, but I guess this is the end now.
What county in NJ are you in?
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Old Oct 7, 2009, 1:45 pm
  #5058  
 
Join Date: May 2009
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Originally Posted by werdna
What county in NJ are you in?
Hopefully nowhere in Central (that's where I am)...
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Old Oct 7, 2009, 1:49 pm
  #5059  
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Thumbs up

Originally Posted by mikeef
This whole thread reminds me something from The Amazing Race (cue Phil Keoghan):

[I]"Detour: Pack It or Count It.
That was HILARIOUS, particularly given my exploits at a few banks immediately prior to my reading it.
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Old Oct 7, 2009, 1:51 pm
  #5060  
 
Join Date: May 2006
Posts: 2,324
Originally Posted by werdna
What county in NJ are you in?
It doesn't matter. It just doesn't matter. Do your thing, don't worry, be happy. Please report back to us with your experience, werdna.
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Old Oct 7, 2009, 2:15 pm
  #5061  
 
Join Date: Aug 2009
Posts: 123
Originally Posted by Kohoutek
It doesn't matter. It just doesn't matter. Do your thing, don't worry, be happy. Please report back to us with your experience, werdna.
Mr. or Mrs. Kohoutek... why don't you report your experience?! From what I've seen, your participation in this thread has only started recently and consisted mostly of asking people to report on their experience. Why?
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Old Oct 7, 2009, 2:25 pm
  #5062  
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Originally Posted by AA_CPA
Actually, I've spoken to a number of businesses, and they said they'd take coins and trade me paper money...

I checked the FT sticky though, and it says 5k limit for NA....
It's actually unlimited. That part of the FAQ is out of date.

Mike
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Old Oct 7, 2009, 3:01 pm
  #5063  
ned
 
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Conversation with a Chase manager

I had an interesting conversation with a Chase manager this morning.

I am not as aggressive as some and limit my deposits to 5 boxes ($1250). I have accounts at multiple banks and deposit only once a month at any given branch. This morning while making a deposit at a Chase branch, formerly WAMU, the manager came to the teller station and noted that I was doing it again. He proceeded to say that I would probably be charged for the deposit. I asked him to please explain and he said he had received a memo saying there would be a charge for excessive coin deposits. I asked him if this was to be a new policy or if it would be enforced on the deposit I was making. He said he did not know, but that I may receive a letter. He was not questioning or criticizing what I was doing but was very matter of fact. If a charge is instituted it will be interesting to see the terms, such as what is excessive.
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Old Oct 7, 2009, 3:03 pm
  #5064  
 
Join Date: Aug 2009
Location: NJ, USA
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Originally Posted by werdna
What county in NJ are you in?
I am in Hudson County and My experience has been similar in north NJ and in Manhattan.
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Old Oct 7, 2009, 3:26 pm
  #5065  
 
Join Date: May 2006
Posts: 2,324
Risky Bidness

Look, here's what I have to say. Scope out your banks, ask questions about your future coin deposit activity, don't push the envelope, and don't screw up your banking relationships. Get the bankers on your side.

There is no need to be in the race with the one, the only, mrpickles.

There's no shame in being the little guy. ^

Pick your spots on what you what to accomplish with miles/points/status, and be satisfied with achieving your goals. If you must feel gloating about your success, we're here to listen.

Last edited by Kohoutek; Oct 7, 2009 at 3:36 pm Reason: minor correction
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Old Oct 7, 2009, 3:37 pm
  #5066  
 
Join Date: May 2009
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Originally Posted by pierre mclopez
Limit is now 99 boxes of NA's => $24,750 max per order.
That been the case since July, and you can place as many 99 orders that you want per day.

In addition you can buy $200 egift certifcates and use one per order to push the 20 x $200 to your credit card faster than the ship date of the coins. Use one cert per order and put the balance on your cc.
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Old Oct 7, 2009, 3:46 pm
  #5067  
 
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Originally Posted by Kohoutek
Wow! All I can say is: WOW! You may be the new mrpickles, if you keep this up!

Thanks for sharing! Dang, I'm jealous! I'm sweating over tiny coin deposits (roll-eyes) (big grin).
I doubt anyone will pass my deposits. I even went to my office's bank and got them to change $2750 for cash notes today and I don't even have a personal account there. She said no problem because we were her highest business depositing customer in the area the would do anything to help me out. Not gonna push it, will only use them to dump small left over amounts.

Last edited by mrpickles; Oct 7, 2009 at 4:46 pm
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Old Oct 7, 2009, 4:14 pm
  #5068  
 
Join Date: Mar 2009
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I never deposit more than $1000 at a time and I've never had a problem. As a matter of fact, just this past week I've deposited over $11K. I have accounts at three different banks and I keep the deposits between about 30 different branches. Sure I get a grumpy teller every once in a while but so far so good. ^
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Old Oct 7, 2009, 4:16 pm
  #5069  
 
Join Date: Mar 2005
Posts: 267
Originally Posted by ned
I had an interesting conversation with a Chase manager this morning.

I am not as aggressive as some and limit my deposits to 5 boxes ($1250). I have accounts at multiple banks and deposit only once a month at any given branch. This morning while making a deposit at a Chase branch, formerly WAMU, the manager came to the teller station and noted that I was doing it again. He proceeded to say that I would probably be charged for the deposit. I asked him to please explain and he said he had received a memo saying there would be a charge for excessive coin deposits. I asked him if this was to be a new policy or if it would be enforced on the deposit I was making. He said he did not know, but that I may receive a letter. He was not questioning or criticizing what I was doing but was very matter of fact. If a charge is instituted it will be interesting to see the terms, such as what is excessive.
I had a similar run-in with a teller at a Chase branch in Chicago. I had 4 boxes and wanted to get them all deposited. No dice. I'm going to split it in half and hit 2 different branches. Stinks that I have to do this slowly.
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Old Oct 7, 2009, 5:22 pm
  #5070  
 
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Originally Posted by mrpickles
I doubt anyone will pass my deposits.
"Pride goeth before the fall" anyone?
And you would probably be very surprised mrpick. Unlike yourself, there are many of us out here who go about our miles-collecting business quietly and prefer not to stir up a bunch of attention which, as we all know, usually only harms everyone eventually. Our mottos are "Speak softly (or better yet, not at all) and carry a huge loads of coins."
But that's obviously pretty difficult for many around here, often to the detriment of the rest of us. Darn it.
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