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Declutter your piggybank with Coinstar®

You may even win the chance to double you money!

There is something about the warmer weather and decluttering that seems to go hand in hand. Might be a case of you needing to make room for all the new spring/summer clothes in your wardrobe or sprucing up the living room with shades of pastel and fresh flowers.

Coinstar®, a leader in self-service coin counting, has revealed that it’s not just clothes and furniture that we hoard – it’s also unused coins. Whether it’s loose change you accumulate in a jar or a piggybank with coins popped in every week – we are hoarding!

Coinstar’s statistics* show that over half (63%) of their customers continue to save in piggybanks or jars at home. However, their stats also reveal that millennials are more likely to try to spend loose change immediately (45%) whereas Generation X tend to hoard loose change and only 18% try to spend them immediately.

This May, Coinstar is encouraging the nation to declutter and trade in their loose change for something they really want, perhaps a treat or you can even donate it to charity.

Plus, when you cash in coins throughout May you will earn a chance to double your money in the Big Cash Clean Up.

The promotion, running until 27th May, is just in time as Coinstar’s recent statistics show the average transaction value to be around £38. So might be a good time to dust off your coin jars and be in with a chance of doubling it. The odds are in your favour too, there is a one in ten chance of doubling your money!

In a document alongside the Spring Statement the Treasury revealed there has been a decrease in the use of 1p and 2p coins. Six in 10 coppers** are used just once before being stowed away in a jar or piggybank. So not only are we hoarding coppers, eight per cent of these coins are binned. That is a lot of coins!

You’ve probably seen Coinstar machines in your local supermarkets (there are over 1,900 locations!) and it really couldn’t be any easier to make the most of your money.  All you have to do is pour your change into a Coinstar machine and it cashes it up for you.

Nick Harris from Coinstar says: “We all have jars of loose change at home, yet we don’t realise how much they’re actually worth. We’re encouraging customers to cash in and be in with a chance of doubling their money – ensuring those idle coins they’re holding on to can go towards a treat or donated to charity.“

Coinstar helps turn your change into extra money that can be put towards something you really want. So if you have a piggybank laying around, it’s time to trade in your loose change and who knows you may even win double your money!

Visit Coinstar UK to find your local kiosk, head to the kiosk to cash in your coins, the machine will issue a voucher. Log on to Coinstar’s Big Cash Cleanup site here to enter the code on your voucher.

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