While Bank of America does not have coin-counting machines for customer use, they do accept coin deposits at their financial centers.
Here’s how it generally works:
- You’ll need to roll your coins yourself: Bank of America generally requires coins to be rolled in standard coin wrappers before they can be deposited.
- They provide coin wrappers: You can typically obtain free coin wrappers at any Bank of America financial center, regardless of whether you are a customer.
- Take your rolled coins to a teller: Once you have your coins sorted and rolled, you can take them to a teller at a Bank of America financial center to either deposit them into your account or exchange them for cash.
- Generally no fee for customers: For Bank of America account holders, there is typically no fee for depositing or exchanging rolled coins.
- Loose or incomplete rolls may not be accepted: Bank of America may not accept loose coins or rolls that are not completely filled.
Important Note: It’s always a good idea to confirm the specific coin deposit policy with your local Bank of America branch before heading in, as policies can sometimes vary slightly by location.
- Coinstar machines: These are coin-counting machines found in many grocery stores and retailers. They will count your coins and issue a receipt that you can redeem for cash (often with a fee) or for an e-gift card without a fee.
- Smaller banks or credit unions: Some local community banks and credit unions may still offer coin-counting machines for their customers.
Does Bank of America have a coin machine?
Chase, Bank of America, Citibank, Capital One, PNC Bank, TD Bank, and other major national banks no longer provide coin-counting machines to customers or to non-customers. The big banks claim that these machines cost more to maintain than the value that is delivered to customers.
Do banks accept bagged coins?
You can deposit any amount of full bags into your account. We just ask that you separate the coins into full bags that contain only one type of coin. If you have a large number of coins to deposit, please call your local branch first to see if they are able to accept them.
Where is the best place to deposit coins?
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.
Coinstar machines are in many supermarkets, and Publix has its own machines.
Can I deposit coins in an ATM machine?
There are only a few things you can’t do at an ATM that you can do at your bank. If you need to exchange currency, deposit coins or meet with a teller, for instance, it may be time to tap into your bank’s location finder for your nearest branch.