Tesco pledges to accept old pound coins beyond deadline

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TESCO has pledged to accept old one pound coins beyond this weekend’s deadline.

Lidl, Waitrose and Marks and Spencer have all stated that they will stop accepting the old coins as of midnight, Sunday 15 October.

The deadline for the old one pound coin is this weekend. Picture: TSPL

The deadline for the old one pound coin is this weekend. Picture: TSPL

However, if you miss the deadline and still have a few old coins in your pocket Tesco has recently announced that it’ll be giving shoppers an additional week to spend in store.

The supermarket now joins the likes Poundland who has also pledged to continue accepting the new 12-sided coin after it becomes effectively worthless from 15 October.

MoneySavingExpert has said that there are some banks and building societies who will accept the old coin after 15 October. But out of the banks they asked only HSBC, Barclays, Nationwide, RBS, Santander and Lloyds/Bank of Scotland said they would swap the coins only for their own customers.

Asda, Morrisons and Aldi have all also been contacted.