Yes, many banks and credit unions provide coin wrappers, often for free, especially to their account holders . You can typically pick them up at the teller’s window.
- Availability: While many banks offer coin wrappers, it’s a good idea to call your specific branch or credit union beforehand to confirm their policy.
- Fees: Banks generally provide coin wrappers and exchange services for free to their customers. However, some banks might charge a small fee, particularly for non-customers, or if you’re exchanging a very large quantity of coins,
- Alternatives: If your bank doesn’t offer free coin wrappers or you’re not a customer, you can also purchase them at office supply stores or online. Additionally, some local banks and credit unions may still have coin-counting machines available for their members’ use.
Rolling your coins yourself using wrappers from the bank can be a cost-effective way to get the full value of your change, especially when compared to using services like Coinstar that charge fees for cash exchanges.
How much do banks charge for coin wrappers?
Rolled coins
Banks often give out free coin wrappers for customers to use. You’ll sort your coins into pennies, nickels, dimes and quarters and then wrap them yourself. After the bank teller counts your coins, they will give you cash in exchange or send a deposit to your savings or checking account.
Do banks give out coin wrappers for free?
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.
Can you still take wrapped coins to the bank?
Good point! Find your change jar or go on a hunt to find coins to roll. Then, grab coin wrappers, which are paper tubes used to make coin rolls. Most banks will accept these coin rolls and will exchange the coins for bills.