Old pound coins – Lidl and M&S WON’T accept them from Sunday but Tesco confirm an extra week

From October 15 the existing 1 coins will no longer be legal tender but can be given to charity or handed into banks or Post Offices.
From October 15 the existing 1 coins will no longer be legal tender but can be given to charity or handed into banks or Post Offices.

Lidl and Marks and Spencer have all confirmed that the old pound coins will not be accepted in stores as of midnight on Sunday, October 15.

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 old coin after it becomes effectively worthless from October 15.

MoneySavingExpert has said that there are some banks and building societies who will accept the old coin after that date.

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.