Coinstar kiosks at Food Lion, like other Coinstar machines, charge a fee for converting coins to cash. This fee can be up to 12.9% plus a $0.99 transaction fee . However, there’s no fee if you opt to receive an eGift Card or donate your coins to charity. Fees may vary by location.
- Coins to Cash: This option allows you to exchange your coins for a cash voucher that can be redeemed at the customer service desk. This option involves a service fee.
- eGift Cards: You can choose from various eGift Card options from different retailers and restaurants, often with no fee.
- Charity Donation: You can donate your coins directly to charity through the Coinstar machine. While Coinstar retains a processing fee from the donation amount (10% for national charities and 7.5% for regional charities), you won’t be charged a personal fee.
If you wish to avoid Coinstar fees, you can consider other options such as:
- Banks and Credit Unions: Some banks and credit unions offer free coin-counting services for their customers.
- Rolling your own coins: You can purchase coin wrappers, roll your change, and deposit it at your bank for free.
- Paying with coins at self-checkout: Many grocery stores accept coins at their self-checkout machines.
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).
Where is there a free coin machine?
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 do coin changing machines charge?
Choose one of our two convenient options: get cash, which has a 39p transaction fee and a 11.75% processing fee for cash transactions or charity which has a 8.9% fee. All fees may vary by location. Pour your coins into the tray, lift the handle, and guide your coins into the slot.