Where to Easily Get Rid of Pennies: Top Options Explained

Discover various ways to get rid of pennies, from banks to donations and more.

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Banks often accept pennies for deposit or exchange. You can also use coin-counting machines at grocery stores, though they may charge a fee. Consider donating pennies to charities or schools, as they often have coin drives. Alternatively, some businesses have “take a penny, leave a penny” trays where you can leave pennies for others to use.

FAQs & Answers

  1. Can I exchange pennies at any bank? Most banks will accept pennies, but it's best to check with your local branch for specific policies.
  2. Are coin-counting machines worth the fee? It's worth considering if you prefer convenience, but be mindful of the fees involved.
  3. What charities accept pennies? Several charities and schools run coin drives, so they often welcome donations of pennies.
  4. Where can I find 'take a penny, leave a penny' trays? These trays can typically be found at convenience stores, gas stations, and some retail establishments.

Watch More

If you're interested in more tips on managing your loose change or understanding the value of pennies, check out our related videos on saving money and best practices for handling coins.

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