Top up Oyster Prepay - "too many coins"?
 

On Tue, 14 Sep 2004 08:47:21 +0100, "Bob Wood"
wrote:

And charge you 7½% for the privilege of using them.

Bargain! NOT!!!!

Indeed. Seeing as (assuming you bag it up) banks will not object to
you paying in the kind of quantity of coins that your average wallet
contains, there seems no sense at all in using these and every sense
in paying them into the bank instead.

Neil

--
Neil Williams in Milton Keynes, UK
To e-mail use neil at the above domain

Top up Oyster Prepay - "too many coins"?
 

Neil Williams wrote:
On Tue, 14 Sep 2004 08:47:21 +0100, "Bob Wood"
wrote:


And charge you 7½% for the privilege of using them.

Bargain! NOT!!!!


Indeed. Seeing as (assuming you bag it up) banks will not object to
you paying in the kind of quantity of coins that your average wallet
contains, there seems no sense at all in using these and every sense
in paying them into the bank instead.

As long as you use your own bank, they won't object to large quantities
of coins - much larger than the average wallet's worth! I used to work
as a bank cashier, and some people brought in a *lot* of small change.
It isn't really a problem as long as it's bagged up, as it can be
checked just by weight. We refused large quantities of unsorted change
as it takes far too long to count.

--
Dave Arquati
Imperial College, SW7
www.alwaystouchout.com - Transport projects in London

Top up Oyster Prepay - "too many coins"?
 

Indeed. Seeing as (assuming you bag it up) banks will not object to
you paying in the kind of quantity of coins that your average wallet
contains, there seems no sense at all in using these and every sense
in paying them into the bank instead.

That rather depends on where the bank is surely? If you have to hop on a
bus to go to the bank and back, or take the car and pay to park it, then you
might find the 7.5% fee you pay at a supermarket you were going to anyway
works out cheaper even for quite substantial amount of coinage. It also
depends on the value you place on your time.

You can pay much less than a quid for a bottle of beer in a supermarket or
less than a quid in an off-licence if you buy enough. Yet you will pay well
in excess of £2 in a pub. Does this mean it makes no sense to drink in pubs?
You can buy six bottles of water for a quid in Poundland or pay 60p for the
same brand at a kiosk on a train station? Does this mean it makes no sense
to buy the water?

Even with the chocolate vending machine example you are probably paying at
least a 10% markup on a kiosk that might be yards away on a railway
platform, or in shops just outside a station, and a whole lot more than that
over supermarket prices. Does it make no sense to buy that?

If you have a load of cash for a charity or something then you are going to
take the bank option as you want every last penny, if it is your own money
then you may feel the 7.5% charge is the better deal for you.

Top up Oyster Prepay - "too many coins"?
 

Graham J wrote to uk.transport.london on Wed, 15 Sep 2004:

That rather depends on where the bank is surely? If you have to hop on a
bus to go to the bank and back, or take the car and pay to park it, then you
might find the 7.5% fee you pay at a supermarket you were going to anyway
works out cheaper even for quite substantial amount of coinage. It also
depends on the value you place on your time.

But if one was going to the bank anyway.....

You can pay much less than a quid for a bottle of beer in a supermarket or
less than a quid in an off-licence if you buy enough. Yet you will pay well
in excess of £2 in a pub. Does this mean it makes no sense to drink in pubs?

Depends how noisy and smoky the pub is!

You can buy six bottles of water for a quid in Poundland or pay 60p for the
same brand at a kiosk on a train station? Does this mean it makes no sense
to buy the water?

Yes, because if you had thought about it, you would have filled a bottle
from the filtered tap at home, costing fractions of a penny.

Even with the chocolate vending machine example you are probably paying at
least a 10% markup on a kiosk that might be yards away on a railway
platform, or in shops just outside a station, and a whole lot more than that
over supermarket prices. Does it make no sense to buy that?

Again, not really - more sense to buy in the supermarket and take in
your lunch-box.

Although given that we find it worth our while to drive to France to
stock up on wine, beer, coffee and drinking-water..... as my
ex-colleague said, "But there's a perfectly good supermarket just down
the road!"
--
"Mrs Redboots"
http://www.amsmyth.demon.co.uk/
Website updated 11 September 2004

Top up Oyster Prepay - "too many coins"?
 

In message , Annabel Smyth
writes

if you had thought about it, you would have filled a bottle
from the filtered tap at home, costing fractions of a penny.

(snip)

Although given that we find it worth our while to drive to France to
stock up on wine, beer, coffee and drinking-water...

Do you not have a "filtered tap at home" then? :)

--
Paul Terry

Top up Oyster Prepay - "too many coins"?
 

Paul Terry wrote to uk.transport.london on Wed, 15 Sep 2004:

In message , Annabel
Smyth writes

if you had thought about it, you would have filled a bottle
from the filtered tap at home, costing fractions of a penny.

(snip)

Although given that we find it worth our while to drive to France to
stock up on wine, beer, coffee and drinking-water...

Do you not have a "filtered tap at home" then? :)

It doesn't run fizzy.
--
"Mrs Redboots"
http://www.amsmyth.demon.co.uk/
Website updated 11 September 2004