Get Rid of that Spare Change!

2013 Update: Rob reports that now >300 locations with coin machines, so do a search on http://www.tdcanadatrust.com/customer-service/contact-us/branch-locator/index.jsp

2013 Update: Steve-O reports the following as of March 4th, 2013:

Personal TD Accounts - FREE (and you can set up a free savings account at TD)

Small business - 3% cut

Non-TD users - 8% cut

Looks like non-TD account holders may have better luck at BMO. See below.

2011 Update: BMO now has FREE (now only free up to $250 for non-customers) coin counting machines too. The current list is here, and they have some outside of Ontario too!

Here's the original 2007 article:

Like many US banks have been doing for the past decade, TD Canada Trust is running a pilot project that puts automatic coin counting machines into branches. I'm not sure of any other banks in Canada that have the same system.

Now, since this is a pilot project of TD/Canada Trust Bank, it could be expanded, changed or ended at any time. I'm not sure if they're doing anything outside of Ontario.

These automatic coin sorter/counting machines let you bring in your unwrapped mixed coins, dump them in a machine, and then (I presume) you can deposit it into your TD account. I'd guess you must be an account-holder to do this (actually, read below for more details). At the moment, their service is fee-free.

Many grocery stores, like Dominion, and I think even the Canadian Tire in downtown Toronto on Bay street have these machines, but their fees can be pretty hefty (like 7-10%, ouch!).

Anyways, I managed to email TD and get a list of locations in which they are piloting these things, which can save you a ton of time. Too bad they don't have one in downtown Toronto (which I can't quite figure out why, it's where TD bank's headquarters are located).

TD Canada Trust With Automatic Coin Sorter/Counters:



10908 Hurontario Street (at Wanless) Brampton, ON. L7A 3R9

1440 Royal York Road (at Eglington) Etobicoke, ON M9P 3B1

808 York Mills Road (at Leslie) Toronto, ON. M3B 1X8

5000 New Street (at Appleby Line) Burlington, ON. L7L 1V1

5887 Main Street (at West Lawn Cr) Stoufville, ON. L4A 1N2

1684 Danforth Ave (at Woodington) Toronto, ON. M4C 1H6

1119 Fennell Ave E. (at Upper Ottawa) Hamilton, ON. L8T 1S2

1260 Commissioners Rd W (at Boler) London, ON. N6K 1C7

1005 Ottawa Street N (at River Road) Kitchener, ON. N2A 1H2

1365 Fanshawe Pk Rd W (at Hyde Park) London, ON. N6G 0E3



So there it is. Feel free to use Mapquest or some such to get more precise directions. This list is accurate as of the email I received in Sept 2008.

Check out my review/followup of my experience when I brought in over $300 in coins (which took about 17 minutes to count)

Also note that these sorter/counters won't differentiate between Canadian and US currency, though that doesn't make much of a difference these days