Don't save up those Coins for shopping!

I'm thinking of all the times we ozbargainites have wanted to stack up those % off specials and/or pay in small currency to be under 2/7 cents and so round down.

Coles is on to us! http://www.heraldsun.com.au/lifestyle/coles-tells-pensioner-…

"According to the Reserve Bank’s website, coins are legal tender for payment of amounts which are limited as follows: Not exceeding $5 if any combination of 5c, 10c, 20c and 50c coins are offered; and not exceeding 10 times the face value of the coin if $1 or $2 coins are offered"

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Comments

  • +23

    “My mother and I were quite embarrassed and we felt like we weren’t being treated the same as everyone else.”

    Literally being treated the same as everyone else though :/

    • +2

      "We were told by the cashier that she would accept our gold coins this time however next time she could only accept $20 in gold coins,”

      The gall of that cashier, I don't like her tone at all. Outrageous​!!

      • +8

        You would be peeved. You have a whole vault of gold coins.

  • +10

    now I will spend all my 5 cent coins at coles.

    • +2

      Me too,

      after I cough on them! 😤

  • +11

    Slow news day huh?

  • +1

    Interesting. Didn't realise there is a limit.

    OP: Please bold Not exceeding $5 and not exceeding 10 times. Makes it highlight the specific area:)

    Hmm.. I wonder if the amount came to $131.22c, we could pay $130 in EFT, and $1.20 in cash.. 2c saving there!

    • +6

      you could press "partial card payment" and type in 2 cents less and it will go through

      • +22

        It will still ask for the 2c. At Woolworths you just toss in any coin, it will round down the 2c and give your coin back. At Coles the machine will crash and they have to reboot it (you loose the coin and also get no receipt or flybuys points as the sale is not finalised).

        • +17

          I love that you know this.

        • (you loose the coin and also get no receipt or flybuys points as the sale is not finalised)

          Sounds like the next headline special on A Current Affair.

          The appearance fee should be worth a few hundred… 🤔

      • hmm - can we "round down" the bill by 2 cents via partial card payment regardless of the total? eg: $20 bill, $19.98 partial payment (or $19.93 + 5c for Coles)

        • Yes but you need to use a cash machine. Card only machine doesnt round

    • +5

      OP doesn't need to bold anything. You read and understood OP's post without the bold text. What makes you think we can't do the same?

      You sound like that annoying boss who pedantically rewrites workers' reports so that every word and phrase suits their subjective preferences.

  • +7

    Nothing new. Stores have the right to refuse ridiculous amounts of coins. Paying $30 with all coins is usually reserved for revenges and jerks.

    • +2

      Paying $30 with all coins is usually reserved for revenges and jerks.

      Who are you calling a jerk!?

      All my savings are in gold coins!

      • +2

        At least you have the good sense of keeping them in a swimming pool.

    • Having to manually count coins is probably more of an issue - easy to make a mistake and have to recount - takes too long

  • +3

    You would seriously have to bump into a pedantic prick in a shop to get denied. Or have done something bad to really piss them off.

    Lots of places I've been to prefer the change or they would take it to get a sale or even just for customer service reasons.

  • +2

    While money is money you have to be reasonable here and use common sense. Busy period in a shop, long queue and someone pays in chip change.

    http://banknotes.rba.gov.au/legaltender.html (see rules regarding legal tender)

    I'm more inclined to feel for the people in the queue and the checkout chick/guy (can the tills even store that many coins???).

    Don't get why age is so important either, had this been a 22 year old paying in 5 cent pieces, it's unlikely people would be giving him the same amount of support that old lady did.

    https://www.youtube.com/watch?v=8_KNAoWXv0g (I found this interesting).

    • It's unaustralian to not give Maria a fair go I mean sure she's fair dinkum withdrawn her pension from the bank teller, specifically requested it in coins, and decided to pay with it instead of using eftpos but how rotten can you get. If these scumbags put more energy into getting better jobs and buying some true blue investment property instead of picking on our elderly image what this great nation could achieve.

      **** renewables!!

      • +3

        It's not Maria's fault the pokies pay out in $1 coins!!

        • Can't a pensioner get a lucky break once in a while? Talk about tall poppy syndrome

        • -2

          @buckster:

          I don't understand what you mean by lucky break? They accepted her money? They just explained they have trouble taking large amounts of coins.

  • +5

    I found this out the hard way when I went to pay a fine at civic compliance in 5c, 10c & 20c coins. They said it was against the Currency Act 1965. I'm guessing they got a lot of people wanting to pay this way, they even knew where the banks were that would exchange the coins.

    • +1

      Aside from the Currency Act, there is the practicality involved. You have turned a 2 minute interaction into 20 minutes, with all the handling and double handling of currency, counting it and reconciling it at the end of the day. Would you like Civic Compliance to only handle the first 20 customers per day, then turn away the rest because all their time is taken up counting coins? Of course not, that is why the quantities in the Currency Act exist. Very similar to the reason some places refuse to serve customers spending less than say $10. Their time is worth more to them than the sale.

      • +3

        I suspect that was the point.

    • +2

      Sounds like you were just trying to be a PITA.

  • I'll still save coins for shopping. I'll just use them as allowed as legal tender.

    • -1

      Legal tender only relates to repayment of debts - a merchant has the right to refuse any kind of payment they don't like. Of course, it would be ridiculous not to accept legal tender but a merchant has no obligation to do so.

  • +4

    There is the old scam of buying grapes one at a time and rounding down.

  • +1

    Yet they never have change

  • +2

    I don't see really any difference between this and someone who buys a banana or something with a $100 note lol (except this is ozbargain, and no one has a $100 note)

    Try doing these on one of those self serves and watch frantically as it tries to spit out $99.45 change :D

    • +2

      watch frantically as it tries

      I'll let the machine be frantic, thanks. 😉

      • Haha well $100 is a lot more to lose than 5c if the machine crashes!!

        As a general rule - I don't pay for anything over $5 with silver, or $10 with gold. Also, if the transaction is <$5, never over a $20 and if $10 never over a $50.

        • +2

          Or just tap with card.

        • @greenpossum: Yeah if I have to break a note for a relatively small transaction I just tap and go. I generally like to use cash though because I don't want to chip into my account balance and see its gone down; plus cash kinda makes paying real :P

  • Why make a big deal of this now? These regulations have been in for years.

  • +4

    I drive a bus and regularly punish people who try to use a $50 note by giving them their change all in coin.

  • Coles service assistant complaining about being paid in 30x $1 coins + card for the remainder. Poor show. It's not like the whole lot is being paid in 5c pieces. It probably took them more effort to complain than to just accept the coins. Just because they legally don't have to accept it doesn't mean that they can't if they wanted to.

    • It was the daughter of the shopper that was doing all the whinging.

      The Coles assistant advised the they could pay this time with that amount of coins.
      The assistant was doing their job, followed company policy, which is in turn is dictated by laws of what is legal tender.

      • I'm not saying that she was wrong, it's just not a fight I would bother picking with a customer personally. When the shopper (/daughter of shopper/whoever) kicks back a stink because you kicked up a stink over nothing, you've wasted even more time, in addition to the time wasted in even telling the customer off instead of just counting a few extra coins.

      • +1

        The funny thing is that they have no problem in "breaking" that same law when they have magically run out of gold or $5/$10 notes.

        I've been given over $5 worth of change in just silver with an excuse that they don't have anything else at the moment.

        I get it if they were trying to pay $30 with 5¢ pieces, but c'mon, $1 coins? It's not hard to count to 30…

  • +5

    She just need to split her orders into 3 lots, then that will conform with the RBA legal tender.

  • Should have used self-serve

  • in a situation like this i would grab a trolley, fill it up with random items throughout the store, go to checkout, let them scan everything and then say you left wallet at home. have fun restocking all the items.

  • Go to the bank and get those coins transferred into sensible, useable currency.

    Also give yourself an uppercut for being unreasonable pain in the ass

  • When I worked at a Coles Express petrol station I use to love it when somebody came in and paid with a whole bunch of coins. Change was always needed. That was nearly 10 years ago though so times may have changed and people use card more nowadays.

  • I keep mine in a jar and just walk down to the local railway station to top up the myki. 5c/10c pieces go to the folks who wash my car at the lights without my permission.

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