Yes, most coin counting machines, like those provided by Coinstar, typically charge a fee.
- Coinstar charges a service fee for converting your coins into cash, which can be up to 12.9% plus a $0.99 transaction fee.
- Fees may vary depending on the location of the Coinstar kiosk.
- You can avoid Coinstar fees by opting for an eGift card or donating your coins to charity.
- Some banks and credit unions offer free coin counting services to their account holders.
- You can also roll your coins yourself and deposit them at your bank or use them directly at self-checkout machines in stores.
What is the fee for a coin machine?
If you decide to turn your coins in for cash, there is a service fee up to 12.9% + $0.99 transaction. Fees may vary by location.