If you’re looking to exchange your coins for cash without incurring fees, here are your best options:
- Many banks and credit unions offer free coin exchange services to their account holders.
- Some institutions may have self-service coin-counting machines, while others might require you to pre-roll your coins in wrappers.
- Many banks provide free coin wrappers to their customers.
- While most larger national banks have phased out coin-counting services, smaller community banks and credit unions are more likely to still offer them.
- Some banks may charge non-customers a small fee for using their coin-counting services, typically ranging from $5 to $10.
- Some banks may have restrictions on the amount of coins you can exchange at a time.
- Coinstar kiosks are widely available in grocery stores, pharmacies, and other retail locations.
- While Coinstar charges a significant fee (up to 12.9% plus a 99-cent transaction fee) to convert coins to cash, you can avoid these fees by opting for an e-gift card from one of their partner retailers or donating your coins to charity.
- This is the most cost-effective method as it doesn’t incur any fees.
- Banks often provide free coin wrappers, and you can purchase them at a low cost from dollar stores or office supply stores.
- You’ll need to manually sort and count your coins and then roll them into the appropriate wrappers.
- Rolled coins can be deposited into your bank account or used for purchases at retailers that accept them.
- Some retailers have self-checkout stations that accept coins, allowing you to use your change directly for purchases.
- Some gas stations, like QuikTrip, may have coin-exchange machines.
- Check with your bank or credit union first: Find out what their coin exchange policies are for both customers and non-customers.
- Roll your own coins: This will allow you to deposit them for free at most banks.
- Consider Coinstar’s gift card or donation options: If you shop at one of their partner stores or want to support a charity, this can be a fee-free way to convert your coins.
Remember to call ahead or check online to confirm the specific services and fees offered by your chosen location.
Where can I change coins without a fee?
Your local bank branch is a good place to exchange coins. The branch will typically give you coin wrappers for free. Credit unions or community banks are more likely to have free coin-counting machines for members. Coinstar machines are in many supermarkets, and Publix has its own machines.
How to swap coins without fees?
Good point! Go to a local liquor store when they are not busy and ask for a swap. Banks charge their commercial customers for “change” coins, so they will appreciate getting them at face value. They will probably also want any singles you would like to consolidate.
Is there a Coinstar that doesn’t charge fees?
Is there a charge to use a Coinstar kiosk? Not always. Free coin counting is available at most locations in the United States if you cash in your coins for an eGift Card with a 0% fee.