If you are prone to ‘accidentally’ spending money, coin banks will help you save for that trip you have always wanted to go to or a big event you are very excited about. Using a coin bank will help you gradually achieve your goal without the pressure of seeing exactly how much you have set aside. That feeling of lifting your heavy coin bank makes saving up more thrilling!
Coin banks have changed a lot from the old traditional tin cans. Companies have thought of fun and cute new designs, some even being electronic. To help you on your saving journey, we have prepared a few guidelines to consider before making your purchase. Once you know what to get, scroll through our top 10 picks to get started.
Quick List - Top Coin Banks
TOOARTS
Go for an Antique Home Aesthetic With This Decor and Coin Bank in One
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You may not know it, but there are a lot of different kinds of coin banks available online. Depending on your saving goal or the aesthetic vibe you are going for, we have narrowed down what points you should consider before buying your coin bank.
Coin banks now come in many shapes and sizes. Most commonly, they are made from either metal, glass, or plastic. Learn more about the differences between the three by scrolling down below.
Metal coin banks are widely available online. The most common ones are tin or aluminum cans which have a small opening on top. Others come with a latch that has a lock and key.
This material is extremely durable, so you will not worry about it breaking. Besides the traditional round tin can and piggy bank shape, they also come in various styles and creative prints.
If you feel more motivated by watching your savings grow, go for a coin bank that's made of glass. This material is also sturdy, so it can hold your heavy coins. Since it is transparent, it would look great in any part of your room. Do make sure to put it in a secure place to prevent accidentally opening your coin bank before it is full.
These lightweight coin banks are made of a durable plastic material that is built to protect your bills and coins inside. Some variations can be opaque or clear, so you can choose one depending on your preference. They also come in different shapes and sizes and various designs like bears and pigs, which would be the perfect gift for kids and kids-at-heart.
Some coin banks come with a small opening which often has a lock while others would require breaking the entire coin bank like a piñata to collect the money inside. Know the advantage of each one below.
If you prefer getting all your savings in one go, a single-use coin bank is recommended. This type would require you to break the entire coin bank to get the money inside. It could also be a very fun and rewarding way to celebrate all your savings. Plus, it prevents the temptation of getting your ipon before opening your piggy bank.
If you prefer to buy a coin bank for long-term use, get one that has a hatch so you can easily get your money out when it's time to count your savings. It either has a door with a lock that you can open or a hatch at the bottom to access your hard-earned ipon.
This is a great way to save more money as you can simply take out all the coins and bills once it is full and begin the whole process without having to buy a new one. It is also more sustainable for the environment since you wouldn't need to discard your old piggy bank after using it.
The fun part about using a coin bank is counting how much you have saved once it’s full. Depending on how much money you want to collect, decide on the size of the coin bank you will get.
It would also be a good idea to prepare different coin banks for each saving goal, say one for your travel fund, emergency fund, and luxury purchases. Smaller jars would be ideal for short-term savings, while bigger ones are perfect for year-round goals.
Many companies have made fun improvements to the ordinary coin bank. Whether you're buying one for your child or for yourself, you will surely enjoy saving when you get a coin bank with a fun twist.
Check out coin banks designed to look like working ATMs or vending machines. These would make great gifts for kids and teach them a thing or two about saving money.
Products | Image | Click to purchase | Key features | |
---|---|---|---|---|
1 | 10-Peso Savings Challenge Jar | ![]() | Watch Your Money Grow and Enjoy Big Savings in 52 Weeks | |
2 | Papemelroti Celebrate Small Victories Coin Bank | ![]() | Get Motivated to Save Using a Classic Coin Bank | |
3 | Automated Panda Piggy Bank | ![]() | Have a Fun Time Saving With a Panda Coin Bank | |
4 | TOOARTS Owl-Shaped Metal Coin Box | ![]() | Go for an Antique Home Aesthetic With This Decor and Coin Bank in One | |
5 | Combination Lock Money Box | ![]() | This Coin Bank Will Keep Your Money Safe and Secure | |
6 | Wooden Money Barrel | ![]() | Go Eco-Friendly With a Wooden Money Barrel | |
7 | Spirited Away Coin Bank | ![]() | A Perfect Gift for the Young and Young-at-Heart | |
8 | LPG Tank Coin Bank | ![]() | A Massive Tank for Even Bigger Savings | |
9 | Piggy Bank | ![]() | Teach Your Kids How to Save With Their Own Colorful Piggy Bank | |
10 | Emergency Money Box | ![]() | Build-Up Your Savings in Case of an Emergency |
Setting aside money is not the easiest to do. Let this 10-peso savings challenge jar help you achieve your goal! With a predetermined amount to be placed inside every week, you'll know exactly how much you'll be getting in a year's time.
You can also plan ahead how much money you'll be needing per week so it will be easier to cut back on other unnecessary spendings. The glass jar has a metal lid that can be opened every time you'll place money inside.
This way, you wouldn't need to break the jar, and you can start saving again at the end of the 52 weeks. By following the challenge, you can save a total amount of PHP 13,780 at the end of the year. Just a tip: start saving on the first week of January so you can start the following year with a jar full of money.
Papemelroti is one of the most popular stationery, craft items, and home decor shops in the country. In particular, this design is made by the company's very own award-winning artist Roberto Alejandro. It is available in three different sizes ranging from 3 to 5.1 inches in height.
With its high-quality and creative design, it is perfect as a functional home decor for your room. It is also very affordable, so you can purchase multiple cans to save up for different occasions or future purchases. Best of all, this product is proudly made in the Philippines.
Looking for a cool home trinket? Get yourself one of these electronic panda coin banks. Just put a coin on the white plate and wait for the panda to come out from the box. It will reach for your coin and bring it inside the box for safekeeping.
This is a fun gift for kids and kids-at-heart. The container inside where the coins are kept can be easily opened with the latch at the bottom so you can enjoy playing with the panda again. This machine is electronic and requires two AA batteries to work.
It is easy to mistake this owl for antique décor, but it is more than that. With a subtle slit at the back, you can also use this product as a coin bank too! It will look great on your home bar, dining table, or shelves, so you can easily put away any loose change in your pocket.
It also has a latch at the bottom so you can easily remove the coins inside once it's full. Plus, this coin bank is handmade and uses environment-friendly paint, which keeps it rust-free. It stands at 5.4 inches tall and weighs around 133 grams, so it is lightweight and can easily be stored anywhere.
This mini safe coin bank is perfect for your little ones to play with while teaching them the value of money at an early age. The combination lock comes with two codes that need to be inputted to be able to open it.
This product comes in 4 colors, yellow, red, green, and blue. It is made of plastic and is 3.46 inches high. This coin bank can fit around 20 coins at maximum capacity. You can also use it to keep small notes and other little items. While the safe is locked, coins can be placed inside by inserting it through the hole on top.
If you prefer wooden ornaments to decorate your space, then this money barrel is perfect for you! It is a multiple-use coin bank that has an opening on the top for coins to be inserted and a hole at the bottom that can be opened when it's time to collect your savings.
Since it is made from wood, this product is safe for the environment. In addition, it has an exceptional design and craftsmanship, thanks to the expertise of skilled artisans from India. It is a great gift for both children and adults and would look aesthetic on any shelf or tabletop.
Looking for last-minute gift ideas? If your recipient is into anime, purchase this electronic coin bank inspired by No-Face Man from Spirited Away. When coins are placed on the red plate, the character's head opens up to reveal its mouth and chomp down everything in front of it.
When you're out of coins, just open up its container and start playing all over again. Let the whole family play and have endless hours of fun with this creative coin bank. This machine is electronic and requires batteries to operate.
Planning for a long-term saving goal? This coin bank will surely last a long time before reaching its maximum capacity. Made of 100% steel and weighing a whopping 3.5 kilos, this coin bank is unlikely any other.
With only a small hole for coin insertion, there's no other way to get to your coins but to use a metal saw cut through the whole thing. It is highly durable, so your coins will be sitting nice and tight inside, waiting to be released and spent.
This very affordable piggy bank is made completely of plastic and is a cute, lightweight, and durable toy ideal for children. It comes in a variety of colors which is great if you need multiple piggy banks for different saving allocations.
With only one hole on the top, this piggy bank is only good for a single-use. When your piggy bank starts getting heavy, it means it is time to prepare to crack it open and collect your savings.
Don't know where to put your emergency money? This coin bank is perfect for you! Whether you are searching your house for loose change to pay for your budol online purchases or late-night food cravings, you will know where to get some spare cash.
It can stand on its own when placed on a shelf, or you can also mount it on a wall to save space and make it easily visible. Break the glass in the event of an emergency but remember to protect your hands while doing so! However, there's also a secret opening at the back in case you want to get some barya without breaking the coin bank.
Now that you know how to save more money, you need to learn more about managing your finances. Take a couple of minutes to read through these articles to know about the best apps to use to budget your money better and which money transfer services to use if you need to send cash to your loved ones.
Author: Roxanne Beatriz Angeles
No. 1: |10-Peso Savings Challenge Jar
No. 2: Papemelroti|Celebrate Small Victories Coin Bank
No. 3: |Automated Panda Piggy Bank
No. 4: TOOARTS|Owl-Shaped Metal Coin Box
No. 5: |Combination Lock Money Box
View Full RankingThe descriptions of each product are referenced from content available on manufacturer, brand, and e-commerce sites.
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