BECU provides Coinstar kiosks at some of their locations to help members convert their loose change into cash, deposit it, get gift cards, or donate it to charity.
Here’s what you need to know about BECU Coin Machines:
- Location: BECU-managed Coinstar kiosks are available at their Tukwila, Everett and Spokane Division Financial Centers. You can also find Coinstar kiosks at various retail locations (like grocery stores) and potentially at other BECU branches, [but it’s best to check BECU’s location information].
- Fees: BECU members pay a 2.90% fee when redeeming coins at one of the five BECU Coinstar kiosks for cash or deposit. There’s no fee to redeem for a gift card, deposit into an Early Saver account, or donate to select charities. This fee is lower for BECU members than the typical Coinstar fee of up to 12.9% plus a $0.99 transaction fee for cash.
- Services:
– Coins to Cash: You can turn your loose coins into cash by pouring them into the machine and getting a voucher to redeem at the teller.
– eGift Cards: You can exchange your coins for eGift cards from various retailers with no fee.
– Charity Donation: You can donate your coins directly to a participating charity program through the kiosk, says BECU.
- Redeeming Vouchers: If you choose to redeem your coins for cash, you’ll receive a voucher that you can take to a BECU teller to get your funds, after the fee is deducted and your membership is verified.
Important Note: Large amounts of loose coin are generally not accepted at the teller line, so using the Coinstar machine is a good option.
Does BECU offer free coin-counting?
From my experience, BECU members pay a Coinstar® fee when redeeming coins at any BECU Coinstar ® kiosk for cash or deposit. No fee to redeem for a gift card, deposit into an Early Saver account, or donate to a select group of charities. Non-members pay a fee on total counted amount when redeeming.
How do I avoid the fee at Coinstar?
From my experience, 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).
How much does Coinstar take out of $100?
From my experience, 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.