Whether you ’ re paying off debt, building an emergency fund, or even good want to go on a shopping splurge, the coins you ’ ve been saving for years can decidedly add up .
According to YouGovAmerica, more than 35 % of people collect spare variety in a clash.
But where precisely can you exchange them for cash ? In this post, we ’ ll provide you with respective places and ways to get the most out of your coins .
Tip: Make certain to check couch cushions, clothing, in-between the seats of your car, and anywhere else around your house that might have coins before you take them to get exchanged. If you have youthful children, I ’ meter certain they ’ ll be felicitous to look for you !
1. Banks or Credit Unions
Coin counting machines allow you to exchange your coins for wallpaper money and a lot of banks and credit unions have them .
however, if you ’ re not a member you may not be allowed to use them or will have to pay a fee .
Coin counting machines may besides entirely be available at choice locations of each savings bank and citation credit that has them .
Considering this, before you go to your local anesthetic bank or credit union with your coins, birdcall ahead and ask questions such as :
- Do you have a coin counting machine?
- Is there a fee for members/non-members?
- Are deposits only offered to account holders?
If the depository financial institution or credit union doesn ’ t put up coin reckon, you can ask if they accept rolled coins. If they do, make sure to ask again whether or not you have to be a member and if there ’ s a fee .
about every bank will give precisely about anyone free coin wrappers, whether they ’ re a current customer or not. however, if you can ’ triiodothyronine find a bank that will give you absolve coin wrappers, you can always buy some at a dollar store or Dollar Tree .
Banks and Credit Unions That Offer Coin Counting
here is a list of several banks and credit unions that offer coin count and the fee they charge. Of course, this list is not extensive and there are many other banks and credit unions throughout the United States that offer coin count .
- US Bank: current customers only
- Community Savings Bank: requirements vary
- cPort Credit Union: 5% fee for non-customers
- Cape Bank: free for everyone
- Home State Bank: 10% fee for non-customers
- Wells Fargo: customers only
- Eastern Bank: 5% fee for non-customers
- Alabama One Credit Union: customers only
- Republic Bank: free for everyone
- JBT Bank: 5% fee for non-customers
- American Eagle Federal Credit Union: free for everyone
- First County Bank: 10% fee for non-customers
- UnitedOne Credit Union: 7% fee for non-customers
- Webster Bank: current customers only
- Peoples United: 11% fee for non-customers
- Freedom Credit Union: customers only
- TCF National Bank: 8.9% fee for non-customers
- Eastern Bank: 5% fee for non-customers
Banks That Do Not Offer Coin Counting
here are several banks that no longer offer coin count. however, some of them may accept furled coins .
- Capital One
- PNC Bank
- Bank of America
- TD Bank
These banks have determined that the measure coin counting machines provide their customers is far less than the cost to maintain them. Some of these banks have even gotten sued over coin counting accuracy .
2. Stores That Have Coin Counting Machines
If using a coin count machine at a bank international relations and security network ’ t an option for you, there are quite a few retail stores that may have one that you can use at choice locations .
The most popular coin counting machines that you will find at retail stores are run by Coinstar. I ’ m certain we have all seen one in our local supermarket .
Founded in 1991, Coinstar is the most popular caller that offers coin counting machines .
In fact, since their origin, Coinstar has processed more than 800 billion coins worldwide. Coinstar besides has more than 23,000 kiosks in North America, Japan, and Europe entirely .
Simply put, Coinstar kiosks make it very easy to dump your coins into their machine, allow it to count them for you, and then collect cash in exchange for your coins .
You can typically find Coinstar kiosks in the lobbies of assorted grocery store stores, retail stores, and even drugstores, such as Walmart, Safeway, CVS, and many other stores .
now that you know about Coinstar, we will now discuss how their coin counting machines work .
How Coinstar Machines Work
1. The first step to use a Coinstar booth is to remove dirt, debris, lint, and any other objects from your coins. This will help prevent the car from spitting out any coins it can ’ t identify .
2. once your coins are clean and you arrive at a Coinstar booth, the following gradation is to choose cash, eGift card, or a charitable contribution in substitute for your coins and then accept the terms and conditions .
3. After doing so, fill the tray with your coins and then lift the handle to guide them into the slot. Depending on how many coins you have, it may take some time for the machine to count each one .
4. If the machine spits out any of your coins, this may be a consequence of them being foreign, damaged, or even non-coins. If they are in fact undamaged U.S. coins, put them in again and it may register them the second time around .
5. even if the Coinstar kiosk doesn ’ thymine skewer out any of your coins, you should hush check. There ’ second a opportunity that the previous person who used the machine didn ’ thyroxine realize some of their coins fell through because of how loudly the machines can be when counting coins .
6. Once the machine is done counting your coins, you will receive a coupon to exchange for cash, a voucher with a unique eGift card code to use on-line or in-store, or a receipt for a tax-deductible jacob’s ladder contribution, depending one which option you chose at the get down of the process .
7. If you chose to receive cash, take the voucher to the customer serve desk of the store you used the Coinstar machine at. They are the ones creditworthy for providing you with the cash in exchange for your coins .
unfortunately, Coinstar charges a painfully absurd fee of 11.9 % to turn your coins into cash. This is about $ 3 for every $ 25 worth of coins you exchange .
however, some Coinstar kiosks offer a few early payout options that don ’ t charge a fee to exchange your coins, which we will now discuss .
3. Opt For an eGift Card
alternatively of getting cash for your coins, you have the option to choose an eGift card alternatively. This is a fantastic alternative because you will not have to pay a tip .
You besides have the option to choose an eGift tease to a wide range of companies, from restaurants to movies theaters, and even Amazon .
however, keep in mind that the eGift batting order options will vary depending on which Coinstar machine you use. Some Coinstar kiosks may not even offer the choice to choose an eGift card alternatively of cash .
here are the most popular eGift card options offered at Coinstar kiosks:
Note: Every eGift tease choice offered by Coinstar comes with a minimal and maximum dollar sum. however, amounts are subjugate to change .
- AMC: $10 to $100
- Amazon: $5 to $1,000
- Apple: $10 to $500
- Applebee’s: $5 to $500
- Chili’s: $5 to $100
- Domino’s: $5 to $100
- GameStop: $5 to $500
- Gap: $10 to $500
- IHOP: $5 to $200
- Krispy Kreme: $5 to $200
- Starbucks: $5 to $500
- Sephora: $5 to $250
- Southwest Airlines: $25 to $500
- Ruby Tuesday: $5 to $200
- Red Robbin: $5 to $150
- Outback Steakhouse: $5 to $500
- Nike: $5 to $500
4. Donate Your Coins to Charity
Another way to bypass Coinstar ’ sulfur fee is to donate your coins to a nonprofit organization. Although Coinstar isn ’ thymine partnered with many charities, there is a fantastic choice for everyone .
exchangeable to eGift cards, the option to donate is not available at every Coinstar booth. The available charities to choose from at kiosks that do will besides vary from location to localization .
If you decide to donate your coins, make indisputable to keep your acknowledge because your contribution is tax-deductible .
here is a list of charities Coinstar has partnered with:
- American Red Cross
- Children’s Miracle Network Hospitals
- Feeding America
- The Leukemia & Lymphoma Society
- World Wildlife Fund
- United Way
- The United Nations Children’s Fund
- The Humane Society of the United States
Popular Stores That Have Coinstar Kiosks
here are several of the most democratic stores that have many locations with Coinstar kiosks :
With stores in all 50 states, Walmart is a capital place to use a Coinstar kiosk to exchange your coins. In fact, according to Business Pundit, 90 % of all Americans live within 15 miles of a Walmart .
Although most Walmart locations have a Coinstar machine you can use, some Walmart stores don ’ deoxythymidine monophosphate. however, with more than 4,700 locations across the United States, it shouldn ’ triiodothyronine be hard to find one that does .
Hannaford has more than 180 supermarket locations in New York, Vermont, Massachusetts, and New Hampshire. Many, if not most, Hannaford locations have Coinstar machines in their lobby.
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With over 2,000 locations spanning across 34 states such as New Mexico, Texas, Arizona, and Colorado, Albertsons is a bang-up store to exchange your coins for cash .
Keep in mind that not every Albertsons location has a Coinstar booth in their lobby .
Meijer has more than 240 supercenters in six Midwest states including Ohio, Michigan, Kentucky, Indiana, Wisconsin, and Illinois. Most, if not all, Meijer locations have a Coinstar machine in their lobby .
With stores in every state except Wyoming and over 9,000 locations, a CVS Pharmacy is pretty easy to find. Many of them besides have a Coinstar booth that you can use .
however, I recommend you check ahead of time to verify the specific CVS store has a Coinstar machine before bringing your coins to one of their locations .
Focusing on metropolitan areas and having locations in more than 34 states, Safeway is frequently a popular grocery memory where Coinstar kiosks are award .
however, like the majority of retail chains, not every Safeway has a Coinstar machine in their anteroom .
Owned and operated by the Kroger Company, Fred Meyer has more than 130 locations across western United States, specifically in Oregon, Idaho, Alaska, California, and Washington .
At many Fred Meyer locations you can find a Coinstar booth available for consumption .
unfortunately, Kmart has a dwindling numeral of locations in the United States, with less than a total of 40 stores. however, many of their locations that however remain have a Coinstar booth in their lobby .
Harris Teeter is a subsidiary company of Kroger and has more than 250 stores across seven U.S. states. These states are Maryland, North Carolina, South Carolina, Delaware, Virginia, Florida, and Georgia. There are besides Harris Teeter locations in the District of Columbia .
While not every Harris Teeter supermarket has a Coinstar booth, most locations do .
Additional Stores That Have Coin Counting Machines
here is a list of extra stores that have coin counting machines at blue-ribbon locations :
- Food Lion
- Neighborhood Market
- Giant Eagle
- City Markets
- King Soopers
- Cash Wise
- The Food Emporium
- WinCo Foods
- Food 4 Less
- Jewel Osco
- Shop ‘N Save
- Superior Grocers
- Fry’s Marketplace
- Farm Fresh
While this is a very long list, it ’ s by no means extensive. If you need to find early stores that have a Coinstar booth, you can use the ‘ Find a kiosk ‘ creature on their web site .
5. Exchange Your Coins at a Casino
many casinos will exchange your coins for cash for dislodge. Simply go straight to the cage with your coins and see what they say .
Keep in mind that you may need to dump your coins into one of their casino cups prior to bringing them to the cage. As cockamamie as it is, some casinos have a policy to not accept “ outside ” coin cups .
While they may assume you ’ re going to spend it there, you ’ re absolutely complimentary to just walk out the door once you ’ ve get cash for your coins .
6. Spend Your Coins Instead of Exchanging Them
alternatively of exchanging your coins for cash, you can just spend them .
here are respective ways you can spend your coins:
- Eating out: exchange at Coinstar for a no-fee eGift card to a select restaurant
- Self-checkout kiosks at stores
- Kids allowance
- Parking meter fees
- Video arcades
- Vending machines
- Bus fares
- Tip jars
Free Coin Counting Machines Near Me FAQs
here are answers to a few of the most normally asked questions about free coin counting machines .
What Banks Have Coin Counters for Free?
As previously mentioned, while some banks do have free coin counters, most require you to be a current customer .
however, there are a few banks and credit unions that offer release coin count to both customers and non-customers. Some of these banks and credit rating unions include Cape Bank, Republic Bank, and American Eagle Federal Credit Union .
A few banks and credit unions that offer free coin counting only to current customers include Wells Fargo, JBT Bank, UnitedOne Credit Union, Peoples United Bank, cPort Credit Union, and US Bank .
Is There an Alternative to Coinstar?
Yes, there is an alternative to Coinstar. KIOSK, ZIVELO, SlabbKiosks, Harpeth Industries, Olea Kiosks, Hotel Business Centers, and meridian Kiosks all offer alternatives to Coinstar .
however, all of them besides charge a fee like, if not more than Coinstar. It ’ south besides more difficult to find locations with these coin counting machines than it is to find locations with Coinstar kiosks .
Is Coinstar Free at Walmart?
While most Walmart locations have Coinstar kiosks available, they are not free to use if you choose to receive cash. If you do, Coinstar will charge you a whack 11.9 % tip .
however, if you choose to receive an eGift card or make a contribution rather, Coinstar is absolve to use .
Does CVS have Free Coin Counting Machines?
like to Walmart, CVS does not have rid mint counting machines. The Coinstar kiosks you ’ ll find at CVS besides charge an 11.9 % fee .
again, keep in mind that you can bypass the tip by choosing to receive an eGift card or make a contribution rather of receiving cash .
Final Thoughts on Free Coin Counting Machines Near Me
Finding a placement near you to exchange your coins for cash may be closer than you think. If you don ’ thyroxine thinker paying a tip, a Coinstar booth may be the most commodious option.
however, using a deposit that you ’ re presently a customer of is the best room to exchange your coins for cash for free. Although, as provided above, you have six options :
- Call a bank or credit union and ask if they offer coin counting
- Use a Coinstar kiosk and pay a fee of 11.9%
- Use a Coinstar kiosk and opt for a gift card to bypass the fee
- Exchange your coins for cash at a casino
- Donate to a nonprofit charity
- Spend your coins instead of exchanging them for cash
now that you know where to exchange your coins for cash, don ’ t forget to use this money to improve your fiscal situation, such as paying towards debt, building an emergency fund, or even investing for retirement .
While you may not think your coins will add up to a lot, they can decidedly make an impact !