Buy Presidential Dollar Coins with CC @ Face Value, Free Shipping
Jun 10, 2009, 8:23 pm
#2371
Join Date: Mar 2007
Location: On the road
Programs: Too many to list
Posts: 1,051
Not a first order. Been ordering since op's original post and have many posts in this thread. Our post was for information purposes/another data point.
Jun 10, 2009, 8:33 pm
#2372
Join Date: Apr 2006
Location: DFW/SEA
Programs: *A Silver, AA Gold + Miles Scattered Everywhere.
Posts: 2,045
im sure they would find it quite weird that i have nearly no income besides my part time job which probably only nets me less than 10K a year. 
ahh the things we do for miles.
Jun 10, 2009, 8:52 pm
#2373
Join Date: Feb 2009
Location: SEA
Programs: Alaska MVPG 100K, IHG Ambassador, Hilton Diamond, Hyatt Globalist, Marriott Titanium
Posts: 1,704
regarding your quarters, i would not ship them back since you're not short any $, just take them to a different bank, Bank of America takes bags with coins unrolled all the time, as long as they have a merchant teller window, they'll take them. Thing with banks it's all branch by branch case basis, if one didn't want to take them, another one down the block might with no questions asked.
gl
gl
I thought about BOA, but some have reported BOA will count them all with the not-so-accurate coin-counting machines, or weighted the dollar coins and ended up with 74 cents less. I don't want to go through the hassle AND lose out on any value. The principle of this game is to cost nothing.
Jun 10, 2009, 9:35 pm
#2374
Join Date: Mar 2009
Location: DC
Programs: Hilton Diamond, Marriott LT Titantium Elite
Posts: 144
Thanks for the suggestion.
I thought about BOA, but some have reported BOA will count them all with the not-so-accurate coin-counting machines, or weighted the dollar coins and ended up with 74 cents less. I don't want to go through the hassle AND lose out on any value. The principle of this game is to cost nothing.
I thought about BOA, but some have reported BOA will count them all with the not-so-accurate coin-counting machines, or weighted the dollar coins and ended up with 74 cents less. I don't want to go through the hassle AND lose out on any value. The principle of this game is to cost nothing.
Jun 10, 2009, 10:07 pm
#2375
Join Date: Feb 2009
Location: SEA
Programs: Alaska MVPG 100K, IHG Ambassador, Hilton Diamond, Hyatt Globalist, Marriott Titanium
Posts: 1,704
As a former BOA manager - let me tell you the measurements are extremely accurate. Yes there is the 1 out of 10,000 that may miss a quarter. But those machines cost thousands of dollars and have an unbelievable level of calibration. I would take a machine over human counting any day of the week.
On a $5000 deposit they accepted and gave me a receipt for (and credit to my account), a week later they debited $57.34 from my account. What was amusing was that with a straight face they said 'your $5000 deposit in $1 coins was determined to be $57.34 short of $5000', to which I had to ask 'how does a deposit in $1 coins only end up short a denomination of 34 cents?' Later the teller admitted that the coins are in fact NOT counted, but, weighed. Apparently their scales said I was short 57.34 coins 
End of story, they gave me back the $57.34 they tried to take, but, this makes me very hesitant to deposit with B of A any more (or at least large amounts).
End of story, they gave me back the $57.34 they tried to take, but, this makes me very hesitant to deposit with B of A any more (or at least large amounts).
To those with Bank of America accounts:
B of A changed its policy and now require the coins to be placed in a coin bag which is sent to be counted. So, it can take a few days for the deposit to appear in your account. And breaking the rolls and placing the coins in the bag takes some time. So doing this a couple of times was worth the effort. Until today I got a nasty surprise. I was waiting to see another $750 deposit show up in my account and, to my surprise, I saw only $747!! I am sure they have disclaimer language that what was counted was deposited. I know I placed all the darn coins in the stupid bag, therefore some employee treated him/herself to 3 shiny Native American $1 coins. I am going to stop in my branch today to complain about this and for charging me $12 fee in my business account when I maintained the minimum balance....These guys are out to repay the TARP money so they can treat themselves to more bonuses. Depending on the response, maybe it is time to go with a local bank..
So beware!
B of A changed its policy and now require the coins to be placed in a coin bag which is sent to be counted. So, it can take a few days for the deposit to appear in your account. And breaking the rolls and placing the coins in the bag takes some time. So doing this a couple of times was worth the effort. Until today I got a nasty surprise. I was waiting to see another $750 deposit show up in my account and, to my surprise, I saw only $747!! I am sure they have disclaimer language that what was counted was deposited. I know I placed all the darn coins in the stupid bag, therefore some employee treated him/herself to 3 shiny Native American $1 coins. I am going to stop in my branch today to complain about this and for charging me $12 fee in my business account when I maintained the minimum balance....These guys are out to repay the TARP money so they can treat themselves to more bonuses. Depending on the response, maybe it is time to go with a local bank..
So beware!
Jun 11, 2009, 4:28 am
#2376
Join Date: Sep 2001
Location: Washington, DC
Programs: UA Plat MM, AA Gold, Hyatt Explorist, Hilton Gold, IHG Plat, Marriott Titanium Elite
Posts: 5,015
if this is true..wonder why they haven't flagged my card yet. i only have a CC limit of 2k since my im a college student and my credit history is quite new. i've bought enough coins to nearly get the 15K bonus miles on *wood credit card. im sure they would find it quite weird that i have nearly no income besides my part time job which probably only nets me less than 10K a year. ahh the things we do for miles.
im sure they would find it quite weird that i have nearly no income besides my part time job which probably only nets me less than 10K a year. ahh the things we do for miles.
Jun 11, 2009, 7:06 am
#2377
FlyerTalk Evangelist
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 10,028
I received $1500 in quarters, in 6 bags, each with $250 of quarters.
I tried to take them to Wells Fargo. I was nicely asked to roll them all, and the teller jokingly told me to watch a lot of movies while rolling them. grrrrr....
Does anyone know how long that CFR/CNR form will arrive in the mail, and how long will the Mint take to refund the return shipping charge?
Another order was shipped today, for $500 of NA coins. UPS tracking shows the package weighted 133.90lbs. I wish it's just a typo; I don't want to deal with $500 of pennies!
I tried to take them to Wells Fargo. I was nicely asked to roll them all, and the teller jokingly told me to watch a lot of movies while rolling them. grrrrr....
Does anyone know how long that CFR/CNR form will arrive in the mail, and how long will the Mint take to refund the return shipping charge?
Another order was shipped today, for $500 of NA coins. UPS tracking shows the package weighted 133.90lbs. I wish it's just a typo; I don't want to deal with $500 of pennies!
But another idea, if the Mint won't pickup the coins, is to call your credit card company. They didn't ship you the merchandise you ordered, so they need to collect the merchandise at their expense. Granted, if you do this, it'll likely be your last order with the Mint.
Jun 11, 2009, 1:56 pm
#2378
Join Date: Dec 2000
Location: San Diego, CA , 4.2MM+ AA Platinum, Hilton Diamond, Starwood Gold
Posts: 574
The bank called the police on my friend for depositing coins
I told a friend in Ohio about the circulating coin program and he placed his first order. Here is his first depositing experience:
"OK, I got the coins in today.
I took them to the branch that is in the same Krogers that is in the shopping center. They told me that they didn't have space to take them. So they sent me to the branch that is across the street. When I got there my personal banker met me in the parking lot but they don't have a walk in vault so they couldn't take them either.
The branch manager made a few calls and told me that the branch that was about 2 miles down the street would be able to take them. They gave me the persons name (Jim) that I needed to talk to.
Upon arriving at the bank, Jim directed me where to put the coins. While they did need them in rolls, they had to have all the boxes opened so they could count the number of rolls.
After we got done with this and I got my reciept the branch manager took me aside. She indicated that this was an unusual transaction and that it raised a red flag. There policy was to contact the local police. 3 plain close officers from the Dublin, Ohio police dept were waiting to talk with me in the managers office.
They asked me why I was depositing so many coins. I told them about the rewards program and that my deposit today would gain me $150 of free legal money. They then asked the manager about signing up for the Chase Reward card so they too could get free $$$."
My response to him was that I hope he got referral credit from Chase for the officer's new cards!
"OK, I got the coins in today.
I took them to the branch that is in the same Krogers that is in the shopping center. They told me that they didn't have space to take them. So they sent me to the branch that is across the street. When I got there my personal banker met me in the parking lot but they don't have a walk in vault so they couldn't take them either.
The branch manager made a few calls and told me that the branch that was about 2 miles down the street would be able to take them. They gave me the persons name (Jim) that I needed to talk to.
Upon arriving at the bank, Jim directed me where to put the coins. While they did need them in rolls, they had to have all the boxes opened so they could count the number of rolls.
After we got done with this and I got my reciept the branch manager took me aside. She indicated that this was an unusual transaction and that it raised a red flag. There policy was to contact the local police. 3 plain close officers from the Dublin, Ohio police dept were waiting to talk with me in the managers office.
They asked me why I was depositing so many coins. I told them about the rewards program and that my deposit today would gain me $150 of free legal money. They then asked the manager about signing up for the Chase Reward card so they too could get free $$$."
My response to him was that I hope he got referral credit from Chase for the officer's new cards!
Jun 11, 2009, 3:13 pm
#2379
Join Date: Mar 2007
Location: On the road
Programs: Too many to list
Posts: 1,051
The police???!
Glad to hear that the cops were friendly after all that, but I would go above the bank manager's head and find out if this is truly bank policy. You should consider filing a complaint with the state of Ohio, or maybe even the federal banking regulator.
It is absurd and obscene. They know you. You have an account. You deposited the coins into your account. This isn't check kiting. It is a cash deposit!! Would they have done the same thing if you had bills: $20s, $50s & $100s? If the answer is yes then that bank shouldn't be in business.
If 5k in dollar coins disappears from a local business they know where to find you. The police should charge the bank for the officers' time.
Beyond ridiculous.
(I know it was your friend, but just think of "you" as third-person plural...)
Glad to hear that the cops were friendly after all that, but I would go above the bank manager's head and find out if this is truly bank policy. You should consider filing a complaint with the state of Ohio, or maybe even the federal banking regulator.
It is absurd and obscene. They know you. You have an account. You deposited the coins into your account. This isn't check kiting. It is a cash deposit!! Would they have done the same thing if you had bills: $20s, $50s & $100s? If the answer is yes then that bank shouldn't be in business.
If 5k in dollar coins disappears from a local business they know where to find you. The police should charge the bank for the officers' time.
Beyond ridiculous.
(I know it was your friend, but just think of "you" as third-person plural...)
Jun 11, 2009, 3:18 pm
#2380
Join Date: Mar 2007
Location: On the road
Programs: Too many to list
Posts: 1,051
As a former BOA manager - let me tell you the measurements are extremely accurate. Yes there is the 1 out of 10,000 that may miss a quarter. But those machines cost thousands of dollars and have an unbelievable level of calibration. I would take a machine over human counting any day of the week.
Jun 11, 2009, 3:52 pm
#2381
Join Date: Mar 2009
Location: DC
Programs: Hilton Diamond, Marriott LT Titantium Elite
Posts: 144
Jun 11, 2009, 4:17 pm
#2382
Join Date: Feb 2009
Location: SEA
Programs: Alaska MVPG 100K, IHG Ambassador, Hilton Diamond, Hyatt Globalist, Marriott Titanium
Posts: 1,704
Jun 11, 2009, 4:25 pm
#2383
Join Date: Feb 2009
Location: SEA
Programs: Alaska MVPG 100K, IHG Ambassador, Hilton Diamond, Hyatt Globalist, Marriott Titanium
Posts: 1,704
The police???!
Glad to hear that the cops were friendly after all that, but I would go above the bank manager's head and find out if this is truly bank policy. You should consider filing a complaint with the state of Ohio, or maybe even the federal banking regulator.
It is absurd and obscene. They know you. You have an account. You deposited the coins into your account. This isn't check kiting. It is a cash deposit!! Would they have done the same thing if you had bills: $20s, $50s & $100s? If the answer is yes then that bank shouldn't be in business.
If 5k in dollar coins disappears from a local business they know where to find you. The police should charge the bank for the officers' time.
Beyond ridiculous.
(I know it was your friend, but just think of "you" as third-person plural...)
Glad to hear that the cops were friendly after all that, but I would go above the bank manager's head and find out if this is truly bank policy. You should consider filing a complaint with the state of Ohio, or maybe even the federal banking regulator.
It is absurd and obscene. They know you. You have an account. You deposited the coins into your account. This isn't check kiting. It is a cash deposit!! Would they have done the same thing if you had bills: $20s, $50s & $100s? If the answer is yes then that bank shouldn't be in business.
If 5k in dollar coins disappears from a local business they know where to find you. The police should charge the bank for the officers' time.
Beyond ridiculous.
(I know it was your friend, but just think of "you" as third-person plural...)
The fact that the first two banks did not have room to keep the few thousands dollars of coins also bothers me. Did they just handle 20 of us minutes ago that brought in loads of coins?
Jun 11, 2009, 6:35 pm
#2384
Join Date: Jul 2004
Programs: CO, UA, AA, WN, DL Gold
Posts: 2,981
Party over?
I am starting to get funny looks and some outright refusals to take the coins. They "don't have room." They want me to go to a bigger branch. I am reducing the amounts of the deposits to under $1000 a pop.
I think this party will be over soon.
I think this party will be over soon.
Jun 11, 2009, 7:26 pm
#2385
Join Date: Jul 2006
Location: ALB
Programs: AA Gold 1MM, HH Dia, yadda, yadda....
Posts: 117
BOA must not have a uniform policy. I have been depositing $1K at a time at several BOA branches in 2 cities (actually 2 states) without any problem. They ask that the boxes be opened but the rolls are always accepted as is. I can certainly understand the open box requirement - they need to make sure that there isn't a brick in there. I've even deposited at relatively small branches and have not had a problem. Either I am lucky or the issues are an exception rather than the rule.