Questions

How do I avoid the fee on Coinstar?

How do I avoid the fee on Coinstar?

To avoid the Coinstar fee, there are two ways to cash your coins for free. First, you can sort and fill your own rolls of coins and take them to your bank to deposit or exchange for cash. Depending on how much change you have, the process might be time-consuming, but at least you’ll save money.

Where can I use a coin counting machine for free?

15 Places to Get Cash for Coins for Free (or Cheap)

  • Your Local Bank.
  • QuikTrip. Coin Counting Machines.
  • Walmart.
  • Kroger.
  • CVS.
  • ShopRite.
  • Hy-Vee.
  • Meijer.

Is there a cheaper alternative to Coinstar?

Coinstar is one of the top names in coin-counting machines….How To Find Coinstar Alternatives That Really Are Free.

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Financial Institution Fee for Customers Fee for Non-Customers
People’s United Bank Free 8\% fee
Republic Bank (NJ/PA) Free Free
Shelby Savings Bank Free N/A
TCF National Bank Free 8.9\%

Does Coinstar accept pennies?

Items like food, screws, dirty or sticky coins and other objects will jam the machine. Coinstar cannot accept Eisenhower silver dollars, 1943 steel pennies, pure silver, commemorative or foreign coinage.

Do Chase banks have coin machines?

Some credit unions and community banks still have coin-counting machines. The majority of large banks such as Bank of America, Chase and Capital One do not have coin-counting machines for their customers anymore, though you can still receive coin wrappers from banks.

Can you take all your coins to the bank?

Why Your Bank Is Probably the Best Place to Cash In Coins. Consumers can turn in their coins for cash at banks, which will give them their full value. Banks do not charge a fee to their customers when they deposit coins, but many require that the coins be rolled in wrappers.

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Do you have to pay to use Coinstar machines?

You may have seen a coinstar machine at your local grocery store. These machines accept coins and allow you to exchange them for cash. They have been in business since 1992, processing more than 43 billion coins. However, when using Coinstar, you will have to pay a fee when cashing out.

Does Coinstar charge a fee?

Amazon.com). While the eGift card is provided without a fee, there is a fee to obtain cash. Generally, Coinstar charges a processing fee of 11.9\%. Therefore, 11.9 cents of every dollar is paid as a fee.

How does Coinstar make money?

Coinstar is a company that collects coins and turns them in for cash. The Coinstar machine is a kiosk that allows you to exchange and either change your coin for cash or a gift card. This is the best option if you don’t like to carry all heavy coins around with you.

Do Coinstar machines take bills?

Coinstar kiosks can be found most often in major U.S. supermarkets. Generally, Coinstar charges a fee of 11.9\% if you want the coins converted to bills (the fee can actually vary depending on location). If you just want cash from your coins, banks are the cheaper option.