Some of the links included in this article are from our advertisers. Check your local CVS to see if it has a Coinstar kiosk. You’re likely not either. This information is great. I know, that’s a LOT of money. If you’re thinking about making the trip, we suggest calling the store first. Depending on the option you choose, you'll receive a voucher to exchange for cash, a voucher with a unique eGift Card code to use online or in-store, or a receipt for a tax-deductible charity donation. *Offer limited to the first time a customer gets an Amazon.com Gift Card claim code at a physical location. I began the walk in memory of my Mom who was diagnosed three times before she passed away. THANK YOU. I’m glad you found it helpful. ACH Transfer Limits at the Top U.S. Banks, Donation is automatically made -- with a receipt for tax purposes. I didn’t realize there are so many ways to avoid the fee and receive a gift card for places like Amazon. Chase, Bank of America, Citibank, Capital One, PNC Bank, TD Bank, BB&T and other major national banks no longer provide coin-counting machines to customers or to non-customers. However, if you’re looking to avoid the Coinstar fee, this could help. Walmart. Thanks for the feedback Amy. As I mentioned, most of the Walmarts in my area have them. Coinstar does have an option where you can get an e-gift card instead of actual cash for your coins. I think I will try the Amazon egift card option next time…, I went to Bank of America and they did need it in rolls. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). We felt blessed...twice! For donations, you’ll receive a receipt of your donation for tax purposes. Note that it will spit out any coins it can’t identify. Ridiculli. We have identified a handful of banks still offering this service, although there may be a small fee. Many Kroger stores have Coinstar kiosks. If so, how do you cash them in? "I cashed in my coins to buy new shirts and pants...I lost 77 pounds!" I have a much better opinion of their service. Harris Teeter has more than 200 supermarkets in seven U.S. states. Thank for all the information! Stores with Coin Counter Machines. Kmart has a decreasing number of retail stores in the United States. Stay in the know with our newsletter or join our Facebook community. FreeCoinMachines.com - Find a Free Coin Counter Near You! You can find a kiosk location by going to the Coinstar website. Walmart has over 11,000 stores worldwide. Again, you can use the same trick here by going to multiple bank branches. Coinstar is excited to announce our newest Coins that Count® Charity Partner: Cape and Islands Veterans Outreach Center. I followed this advice and went to my bank. I can put 5 bucks worth of quarters in easily. Yeah, I’m pretty sure when i first used a coinstar kiosk, they skimmed I think around %4.5 (I could be a little off – but not much) now that rate has nearly tripled !? Except for going to a bank or giving to charity, which isn’t exchanging your coins for cash, there’s only stores that have Coinstar, and they’re not cheap or free. Best of luck! Again, not all store locations have machines. That’s ridiculous. Once you’ve rolled the coins, just bring them to the bank for deposit or exchange. Some states include Texas, New Mexico and Illinois. He is an expert on consumer banking products, bank innovations, and financial technology. Coinstar and its associated logo are trademarks of Coinstar Asset Holdings, LLC. For customers of the bank, it is free. With the money from Coinstar, I was able to get my hair cut, colored & styled!! Check your local Cash Wise store to see if they house Coinstar. "-Linda S.#breastcancerawareness #getcoinmoving #CoinstarCash ... See MoreSee Less. Since 2011, my sister-in-law, my sister, and myself have all been diagnosed with breast cancer. You can turn the coins into cash, electronic gift codes, or charitable donations. Supposedly, if you counted $300 in coins (that's a TON of coins! Webster 5 in Massachusetts also has these machines in some of their branches but charge 4% for bank customers. Of course they assume you will spend it there but you’re free to walk out the door. However, I’d suggest checking with the bank before rolling up your coins. Sometimes we’ll throw dollar bills into our coin jar, too. I’ve read that some banks are getting rid of them. One thing I think should be mentioned, based on my experience. It depends on your definition of cheap, I suppose. Read our Advertiser Disclosure. Each year we raise $2,300 to participate in the walk, so saving my change all year has been one of my 'fundraisers'. Laurie Blank is a freelance writer and licensed Realtor practicing in Minnesota and Wisconsin. 10 Most Common Money Mistakes Financially Illiterate People Make. No fee. Also, many people who have a vast number of coins that they just want to get rid of don’t mind the fee! You can’t head to the airline counter with a jar full of coins, after all. If you live in the U.S. there’s likely a Walmart near you. You pour your coins into the machine and it will count them. Vacations? What hobbies have you enjoyed using your #CoinstarCash?#getcoinmoving ... See MoreSee Less, "I used the money I received at Coinstar to raise money for Breast Cancer. How much is the value of it? If you’ve got a lot of coins, it could be a time-consuming task to stuff them into the wrappers. Note: I was a bank teller for many years at a local branch of a national bank that told us they didn’t want rolled coins. As I mentioned before, Coinstar charges a whopping 11.9% fee if you want cash for your coins. Each year we raise $2,300 to participate in the walk, so saving my change all year has been one of my 'fundraisers'. And remember when the banks were given a helping hand and alot of the money went towards bonuses?! Since 2011, my sister-in-law, my sister, and myself have all been diagnosed with breast cancer. Coinstar charges 11.9% to turn your coins into cash. You can also exchange your coins for dollars using Coinstar kiosks at supermarkets and big-box stores around the country. 20,000 kiosks in four countries means there’s likely a Coinstar kiosk located in a grocery store near you. If the machine spits out a real coin, put it in again. I will contact my bank to see if they take coins. Thanks for your comments and opinion. Laurie has been featured in publications such as The Philidelphia Inquirer, The Seattle Times and Bankrate. Here is a list of stores that might house coin counting machines. The high cost of penny production has led many people to advocate phasing out the coin denomination. Your local Harris Teeter may have a Coinstar kiosk. Each wrapper is used to roll 40 to 50 coins in denominations of 25 cents or less. With cash transactions happening all the time, it makes sense that these machines are readily available at these stores. They almost don’t seem like real cash. In actuality, however, tellers would perform the coin exchange if the coins were wrapped and for a small amount between $10 to $20. I go with a friend to their bank to cash. Though Coinstar charges an 11.9% fee for this service, you can bypass this fee by electing to exchange your change for e-gift cards, store credit, or charitable donations. Being a coin collector ,I get a $500 box of coins, half dollars, from certain banks. Otherwise, your other option would be to just open an account with a bank that has a coin counting machine — not exactly the best option I must say. Check your local Target store to see if it has one. Well, not exactly. -Roger L.Great job!#getcoinmoving #CoinstarCash ... See MoreSee Less, "I cashed in my coins and bought supplies for my landscape paintings." Article is misleading. Amazon doesn’t allow you to purchase Visa gift cards with Amazon gift cards, AND there’s an additional $4.95 “purchasing fee” even if they DID allow this. That’s good to know! Fortunately, those days aren’t entirely gone. -Mark L.Beautiful! There are more than 1,800 Target stores in the U.S. Not all Targets have Coinstar kiosks. However, if that’s not an option you have Coinstar. What Are Mobile Check Deposit Limits at the Top U.S. Banks? Your local Albertsons store may have a Coinstar kiosk. Coinstar kiosks can be found most often in major U.S. supermarkets. In that case, we also show you other ways to convert your coins for free. Simon has contributed and/or been quoted in major publications and outlets including Consumer Reports, American Banker, Yahoo Finance, U.S. News – World Report, The Huffington Post, Business Insider, Lifehacker, and AOL.com. Toggle navigation FreeCoinMachines.com They’d make us open up the rolls and put them in the coin counter. What bank on God’s green earth doesn’t have a change counter. STEP 3. I agree Rolled. For non-customers, it’s not as simple — read below: Although every bank will give out free coin wrappers, not every bank will accept your rolled coins if you are a non-customer. The site name is deceptive. Make sure to check out our articles on best banks for savings accounts. It took me less than an hour, and I ended up with over $200, which means I saved $24+ (more than my hourly wage at work). Your welcome! I’ve found saving coins is a great way to save money. Add coins to the tray. For complete details, visit coinstar.com/amazon. I stuff in the week’s change, and problem solved. Cash Wise foods stores are located in Minnesota and North Dakota. Check the Coinstar website for kiosks near you. One way family saves money is by saving coins. Otherwise, expect to pay a small fee for using the service as a non-customer. This was because people would try to scam the system. The Cape and Islands Veterans Outreach Center is a nonprofit veterans outreach center for the Cape and the Islands specializing in addressing Housing Assistance and Homelessness Prevention, Mental Health Support, and Food Insecurity. Hy-Vee has over 200 grocery stores in the Midwest. Greed has become the forefront in every business. My credit union won’t take change weather it’s rolled or not and don’t have a counter. For the electronic gift code, it will be printed on your receipt. Be sure to check your quarters to see if they were made in 1964 or earlier. The big banks claim that these machines cost more to maintain than the value that is delivered to customers. 08 Oct 20 . Here are some options. If you’ve got more than $200 in coins, there’s a simple trick: just visit multiple Chase branches. Do you save coins? Kmart stores are dwindling in number. In my major city, I couldn’t find a machine at a Target. -Roger L. "I cashed in my coins and bought supplies for my landscape paintings." ), it could be off by as little as a nickel to as much as $43.10! Kmart. Big purchases? I decided to get an Amazon gift card to avoid the fee, and then simply use the gift card to purchase a Visa gift card on Amazon. That means it would cost me over $50 to use a Coin star machine. Would you choose a $50 bill or a jar of random coins? At the beginning … Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. You can save several hundred dollars a year this way. I might just open a savings with it. Most of them have a policy of not converting coins to bills for non-customers. You’ve got to cash them in first. Your not cashing in if you get a gift card. What do you expect from greedy b____________s. Leave a comment on our Facebook page, and share this post via social media. It is absurd to call Coinstar cheap, it is almost 12%, Very misleading headline. So, if you have $100 in coins you’ll get charged $11.90. You can do this, too.
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