While Coinstar machines are widely available in supermarkets, they typically charge a fee of up to 12.9% for converting coins to cash.
However, there are several ways to count your coins for free:
- These financial institutions are more likely to have free coin-counting machines for their members.
- Some, like JBT and Manasquan Bank, offer free use to their customers.
- Non-members might be charged a smaller fee than Coinstar, or in some cases, might even be able to use them for free, [according to U.S. News & World Report].
- Some banks will accept rolled coins for free, and many will provide you with free coin wrappers.
- It’s a good idea to call your local branch to check their specific policy.
- While Coinstar charges a fee for cash redemption, they offer fee-free transactions if you choose to convert your coins into an eGift card from one of their partner retailers, [says Coinstar].
- They also waive the fee if you choose to donate your coins to a participating charity through the kiosk.
Tip: If you have a large amount of coins, and your bank requires them to be rolled, you can still get the wrappers for free and avoid counting them yourself at a branch with a coin-counting machine (if available).
Important Note: The availability of free coin-counting machines and specific policies can vary depending on your location and financial institution, so it’s always best to call ahead and confirm before making a trip.
Where can I cash coins for free?
Most banks offer free coin exchange services to account holders, though you may need to roll coins yourself. Self-service coin-counting machines are more commonly found at local banks and credit unions than at national banks.
Is there a Coinstar that doesn’t charge fees?
From my experience, 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.
Does Walmart have a coin machine?
Great question! How does one cash in coins at Walmart? There’s usually a Coinstar machine in the Walmart that you can deposit your coins into. They will then pay you with giftcards in most cases.