Where can I find a coin machine near me?
This is one question every person with excess coins in the house asks most times.
The struggle is even worse if you want quick notes but cannot locate a Coinstar kiosk.
Since I have been in a similar situation I have been compelled to do comprehensive research and compile some helpful tips.
Coinstar is an American company specializing in converting loose change money (coins) into paper currency or gift cards via a designated Coinstar kiosk.
The company has set up kiosks and collaborated with other financial institutions to make it easier for people to convert their coins.
This post might contain affiliate links. I may earn some commission if you click on such links. You shall not incur any extra cost if that happens. Please read our full affiliate disclosure here!
DO NOT FORGET TO….
Coin Machine Near Me
The coin counter machine near me is a savior when it comes to counting coins. Imagine having coins worth $1k and above, and you want to convert them to notes. How long will it take to count them all?
This is why people search for coin machines near them all the time.
Coin machines will count your coins within a few minutes and issue notes or any other denomination per your selection.
We like going to the stores to buy house items. The exciting part is, we run low on cash but fail to realize that we have so many coins in the cabinet.
So, knowing stores with coin machines near me is something of consideration whenever I go shopping.
A coin machine will help you exchange your coins for notes or gift cards.
Some stores have coin machines which make it easier for their customers to exchange coins.
These stores include:
- Ideal Market
- Rouses Market
- Winn Dixie
- Fred Meyer
- Jewel Osco
- Food Maxx
The coin change machine near me is owned by Coinstar LLC. The company specializes in enabling the conversion of coins into notes, gift cards, or donations to charities.
Coinstar kiosks operate similarly to coin machines but are managed under Coinstar LLC.
The company has its own machines situated at strategic places to enable people to convert their coins.
Some Coinstar kiosks near me, which can also serve you, are located at:
- Harris Teeter
Free With No Fees
Sometimes we can want to avoid Coinstar fees by converting coins for free.
Even though most places charge you to convert coins, some have free services.
Of course, we all want what is best for us. Rather than take your coins to the Coinstar kiosk and then get a fraction of the total value, avoiding the fee would be exciting.
The best way to avoid the Coinstar fee is to go for the eGift voucher card. The card can be used to shop at designated stores.
Some of those places where you can change coins for cash for free include:
Quicktrip is a gas station store chain, and they support their customers by offering free coin change services. This will help you to avoid Coinstar fees.
Rather than going to Coinstar and being charged a fee, visit QuikTrip and get free service.
Bank of America
Bank of America is a well-known financial institution in the United States.
The bank provides free coin exchange services, making it an ideal place to take your coins.
Wells Fargo is found in almost everything. They operate the largest shipping services in the world.
Additionally, wells Fargo has its bank, which makes it an ideal place to exchange coins.
The most exciting thing about the company is its free coin exchange services helping you to avoid Coinstar fees.
US Bank also prides itself on supporting its customers by providing free coin exchange services.
Rather than going to a coin machine where you will get charged, it’s better to visit US Bank. Using US Bank is another way to avoid Coinstar fees.
Eagle Federal Credit Union
This is another institution that prices free coin conversation services.
Its customers do not have to pay to exchange their coins for notes.
First County Bank
First County Bank offers free coin exchange services for their registered customers. On the contrary, non-customers must pay a 10% fee to enjoy the exchange services.
The bank has excellent services and extended its customer support by providing a free coin counting machine.
JBT bank also serves non-customers but at a low fee of 5%.
This is another financial institution that values its customers. They provide free coin conversation services.
Further, the bank charges a 15% fee for non-customers.
Banks that Accept Coins in Coin Wrappers
Coin wrappers are kept in a flattened stripped rolled paper that is meant to hold a particular amount of coins. Banks encourage the use of coin wrappers to reduce counting time.
Banks strive to enhance efficiency, and dealing with coins can be time-consuming.
As a result, all the banks recommend using coin wrappers which are easy to handle.
Donate coins to charity
Sometimes, you may have coins but prefer to donate to a charity. This is a way to get rid of those excess coins from the house rather than take them to Coinstar.
Charities can use coins to support their community initiatives.
Some organizations you can donate your coin to include:
- American Red Cross
- Children’s Miracle Network Hospitals
- Feeding America
- Make a Wish
- The Humane Society
- UNICEF USA
- United Way
Participating in Charity through Gift Cards
If you want to contribute to charities through gift cards after converting the coins, many companies offer branded eGift cards for charity purposes.
Some companies which support eGift card services include:
- American Red Cross
- Children’s Miracle Network Hospitals
- Feeding America
- The Humane Society of the United States
- United Way
- World Wildlife Foundation
- Amazon Inc.
- Lowe’s NIKE
- Razer Gold
- Red Robin
- Taxes Roadhouse
- The Home Depot
LOOKING FOR AN ONLINE SIDE JOB?
How Cashing Works
How does Coinstar work? This is a question you have to answer before you think of packing your coins and taking them to a Coinstar kiosk.
Whenever you think of Coinstar, you only want to understand the procedure to exchange coins into banknotes or gift cards.
Further, the Coinstar fees are another thing you must consider before initiating the exchange process.
Sort the Coins
Sorting means removing all the dirt and objects which may hinder the counting process.
Confirm the fee charges
Before you pour your coins into the machine, do your due diligence by checking the rates. Mostly, the Coinstar fee is 11.9%. If you are ok with that rate, then go ahead and pour your coins.
Pour your cash into the Coinstar
Very simple, just pour your coins into the Coinstar, and the machine does the work for you. Ensure no coin wrapping. The machine counts easily if they are free of any dirt or coiling.
Resubmit the Rejected Coins
If by any chance, some coins were rejected, you can pour them again into Coinstar and wait for them to be counted.
Select the desired Output
The Coinstar machine can provide banknotes and gift cards or allow charity donations. It is good to select what you expect to get.
If you choose cash, take the voucher to the cashier and redeem it instantly. Otherwise, if you choose a gift card, you can use the unique code to shop from selected stores.
Coinstar Customer Service
If you are trying to use the machine and encounter a problem, it is advisable to consult Coinstar customer services. This is a crucial aspect when it comes to knowing how Coinstar works.
Their contact is 800-928-2274.
How Exchange Works
Knowing how Coinstar works simplifies the process of exchanging your coins for banknotes. Additionally, you need to know their charges before using the service to avoid disappointment because of the fees.
The first step is to find a Coinstar near you. Then, go ahead and check their terms before starting the exchange process. Do not worry the exchange fee is publicly displayed for you.
Clean your Coins
Ensuring your coins are clean is vital. The machine works best if fed clean coins. Additionally, the counting process will be fast. The next step is to add the coins to the tray and guide them into the slots.
Confirm and Collect the Rejected Coins
Sometimes the machine may not count all coins if some have defects. You can collect, clean, and feed them into the coin machine.
Select whether you need a gift card voucher or note currency
As you feed the coins into the Coinstar machine, ensure you set the different options of the intended output.
Set gift vouchers or notes depending on your preference.
Further, Coinstar also provides that option if you need to donate your coins.
Costs & Rates
When using Coinstar, first assess and ascertain that the fee is fair enough.
It is advisable to know the answer to the question, “what is the fee for Coinstar” before using the machine. Of course, it is not free as many may think.
If you decide to exchange money, know it costs a little, and consider the fees that come with the process.
Coinstar’s fee may differ depending on the machine’s location, although the average fee rate is 11.9%.
For example, if you choose to convert $100, you will get $88.1. Coinstar takes a fee of $11.9 from that transaction.
How do I avoid Coinstar fees?
Everyone wants an answer: “how do I avoid Coinstar fees?”
Imagine exchanging your coins but getting them slashed by the fee. That is demoralizing, right?
The best and most utilized approach to avoid Coinstar fees is choosing eGift when exchanging your coins.
eGifts can be used to shop in selected shops. An example of eGift, which people prefer, is Amazon gift cards. These cards can be used to pay for items.
Before using any coin machine, it is vital to consider asking the agent whether they offer gift cards.
WANT TO MAKE EXTRA MONEY?
Frequently Asked Questions
What is a coin counter?
A coin sorter machine accepts coins from customers and exchanges them for bank notes or gift cards.
What is the maximum amount you can put in a Coinstar machine?
The maximum amount you can put in a Coinstar machine is $250.
Are there any free coin machines?
Yes, some banks provide free coin counter machines to their customers.
Is there a machine that changes coins to cash?
A Coinstar kiosk has machines that can count coins and instantly provide banknotes.
Where is the cheapest place to cash in your coins?
The cheapest place to cash in your coins are places that offer free exchange services. Such institutions include QuikTrip, Bank of America, Wells Fargo, US Bank, and selected Credit Unions.
Which supermarket has a coin machine?
Some supermarkets with coin machines include Walmart, CVS, Albertsons, and Kroger.
Do banks still give out coin wrappers?
Yes, the majority of banks issue coin wrappers.
Is it worth rolling your coins?
Yes, rolling your coins before taking them to the bank helps you to know their total value. Additionally, coin wrappers make it easy for the teller to count the coins.
Can you exchange a gift card for cash at Walmart?
Unfortunately, Walmart stopped offering gift cards for cash exchange services.
How to skip Coinstar fees when depositing your coins?
The best way to avoid Coinstar fees is to convert your coins into gift cards. Alternatively, you can visit banks that offer free services.
Wrapping It Up
I have learned how to find a coin machine near me, and I believe this article has assisted you too.
Coinstar kiosks, banks, and stores have played an integral role in helping customers exchange coins for banknotes ad gift cards. Coin machines are found almost in every major shopping center.
Always consider reviewing the terms and conditions when using a coin machine to avoid paying a high conversion fee.