Free coin counting machines, which can help you convert your loose change into cash or other forms of value, are available at various locations.
- Many banks, especially local community banks and credit unions, offer free coin counting machines or services for their customers.
- Some banks might require you to be a customer to use their coin counting machines for free, while others may offer free use to non-customers or charge a fee, People’s United Bank for example, charges an 11% fee for non-customers.
- It’s a good idea to contact your local bank or credit union branch to inquire about their specific policies regarding coin counting machines and associated fees.
- Coinstar kiosks are widely available in supermarkets, grocery stores, and other retail locations.
- While Coinstar charges a fee (typically around 11.9% or more) for cash conversions, [they offer] fee-free options if you choose to convert your coins into an eGift Card or donate to a partner charity.
- Coinstar partners with many popular retailers and charities, giving you a variety of options to choose from.
- Some grocery stores, like Publix , have their own coin-counting machines, though availability may vary by location.
- You can also inquire at your local bank about receiving free coin wrappers to roll your own coins for deposit.
By exploring these options, you can find a suitable and potentially free method to count your coins and put your loose change to good use.
Where can I cash in my coins for free?
From my experience, 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.
How much does Coinstar take out of $100?
Calculate Coinstar’s Fee
Coinstar’s fee is currently set at 11.9 percent of the value of the coins you’re exchanging. Basically: That’s nearly $12 for every $100 in coins you feed to the machine. You’d have to guess how much change you have accumulated to calculate the Coinstar fee.
Is there a free version of Coinstar?
Great question! 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. We have more than 20 stores and restaurants to choose from – eGift Card fees vary by brand.
How do I avoid Coinstar fees?
Thanks for asking. Opt for eGift Cards. To sidestep the Coinstar fee, opting for an eGift Card with a 0% fee is your best bet. …
Donate to charity. Coinstar also waives their fee when you donate directly at a kiosk (bonus: it’s a tax deduction).