Several options exist for free coin counting machines:
- Banks and Credit Unions:
– Many banks and credit unions offer free coin counting services, particularly for their account holders.
– You may need to roll your coins before depositing them, but banks typically provide free coin wrappers.
– Some banks, like Rockland Trust, offer free coin counters specifically to their customers.
– Local community banks and credit unions are generally more likely to offer these services compared to major national banks.
– Examples of banks that have offered free coin counting for customers in the past include JBT, Manasquan Bank, Republic Bank (NJ/PA), American Eagle Federal Credit Union, and People’s United Bank.
– TD Bank also offers free coin counting for account holders, but non-customers are charged a fee.
– It’s always recommended to call your specific branch to confirm the availability and fee structure of their coin counting machines.
- Coinstar Kiosks:
– Coinstar kiosks are available in many supermarkets, Walmart stores, and other retailers.
– They offer several ways to cash out your coins:
– eGift Cards or Charitable Donations: Choosing this option usually allows you to count your coins for free (0% fee).
– Cash: Coinstar charges a fee, typically around 11.9% (plus potentially a transaction fee), if you choose to receive cash.
– You can use the Coinstar Kiosk Finder on their website to locate nearby machines.
In summary, while many banks and credit unions provide free coin counting for customers, it’s wise to contact your specific branch to verify their policy. Alternatively, Coinstar kiosks in various retail locations offer a free option if you’re willing to accept an eGift card or donate to charity instead of receiving cash.
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.
How do I avoid the fee at Coinstar?
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).
Will Bank of America take my unrolled coins?
No. Please take rolled coins to your local financial center. Incomplete rolls or loose coins may not be accepted.
Do banks have coin counter machines?
Yes, You Can Deposit Coins at Your Bank
Check your bank’s policy. Certain credit unions and community banks still have coin-counting machines.