You’re looking for a free coin-counting machine, which means you’re hoping to avoid the fees typically associated with services like Coinstar, which can charge a fee of over 10% to convert your change to cash.
Here are some of your options for finding a free coin machine near you:
- Banks and Credit Unions:
– Many local banks and credit unions offer free coin counting services for their members.
– Some banks, like Ridgewood Savings Bank, even have Coinstar/Coinstream machines available at select branches.
– It’s a good idea to check with your specific bank or credit union to inquire about their coin-counting policies and whether they offer the service for free to members.
- Self-Checkout Lanes at Supermarkets:
– Some grocery stores, like Walmart, allow you to deposit coins into self-checkout machines when paying for your groceries, effectively letting you cash in your change for free.
- Coinstar Kiosks (with exceptions):
– While Coinstar typically charges a fee for cash conversions, they do offer fee-free eGift cards and charity donations options.
– You can find Coinstar kiosks in many supermarkets, including Kroger and Giant Eagle.
To find free coin counting near you:
- Use online search engines such as Yelp or Google Maps. Search for “Free Coin Counting Machine near me” or “Coin Counting Machine No Fee near me” to find local banks, credit unions, and stores that offer this service.
- Contact local community banks or credit unions directly. Some may offer free coin counting services to customers or offer it to non-customers for a small fee.
- Use the Coinstar kiosk finder. If you’re open to eGift cards or donations, use the [Coinstar Kiosk Finder] on their website to locate the nearest Coinstar machine.
It is best to contact each location in advance to confirm their coin counting policies and fees, especially if you are not a member of the bank or credit union.
Where can I cash in my coins for free?
Great question! 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.
Where can I trade coins for cash without a fee?
You can cash in coins for free at several banks, credit unions, and some stores. Banks like Bank of America, Wells Fargo, and U.S. Bank are known to have this service. Additionally, some credit unions (like American Eagle Federal Credit Union) and QuikTrip stores also have free coin exchanges.