Coin Exchange Machine Near Me - Learn How To Avoid The Fee

Learn how to locate the nearest Coinstar machines and exchange pennies without paying the fees!

A child’s piggy bank is their first saving account. Fortunately, this amount of coins accumulate over time and needs to be cashed out.

Looking to deposit years’ worth of coins, you’d go to a bank if it’s your first time. While that is a perfectly viable option, it is much better to look for a Coinstar kiosk near me.

So let’s see how we can exchange coins for cash without spending any extra money, this involves answering the question: which is the nearest coin exchange machine near me?

What Is A Coin Machine?

A coin counter, as the name implies, counts your collection of coins and provides you with cash. You might be able to receive your money returned in full in some circumstances, but you could also have to pay a charge.

The top firm offering this service in the US is Coinstar. Now, it’s simple to locate a Coinstar near me now at a supermarket or superstore.

When you assess coin machines near me look for their vibrant green appearance and enlarged size.

Behind-The-Scenes Of A Coinstar Near Me

The process of exchanging coins is really easy. Simply place your gathered coins in the machine, and you should receive a payment equal to your collected pennies.

Since there are three ways to trade, it is not required to receive cash in return.

Cash (Local Currency)
An eGift Card
Charity of your choice

The coin change machine near me will do the heavy lifting for you. The machine automatically does the sorting and verification for you and presents the computed financial total. Then you do is walk to the machine and unravel the magic that happens before you!

Steps To A Coin Exchange

Follow these steps to ensure that your penny swap goes smoothly once you reach the nearest Coinstar:

Begin by initiating the machine and following the instructions given on the screen.
The next step is to choose a recollection method (cash, gift card, or charity).
Don’t forget to skim the terms and conditions before accepting them
You may now put your loose pennies in the machine after preparing them for the exchange. As they may block the machine, clean your coins of any trash or small objects. You will now see how many coins you have accumulated on the screen.
Keep an eye out for rejected coins. Register them into the machine and check whether they were accepted.
The machine will issue you a voucher for a cash withdrawal if you ask for a cash exchange. However, selecting an eGift card will give you a code that you may spend whenever you like at retail or dining establishments.

How To Locate The Closest Coinstar Near Me?

In a grocery store, a coin machine is typically placed next to the customer care representatives. Several retailers (more than 17000) have nearby Coinstar locations:

Stores/ Grocery Marts:

In a grocery store, a coin machine is typically placed next to the customer care representatives. Several retailers have Coinstar machines at their locations:

Walmart
CVS
Albertsons
Ralph’s
King Soopers
Food 4 Less
Harvey’s
Kroger
Hannaford
Winn Dixie
Randalls
H.E.B
Neighborhood Market
Vons

Banks

A select few banks also provide coin exchange services in addition to currency exchange. The only available trade choices are cash, though. Regrettably, banking systems demand that you count your change ahead of time and present it in rolls.

Furthermore, banks frequently charge an exchange fee for the service if you are not one of their customers. A modest portion of the transaction is frequently paid as a fee. There are methods to prevent this. We’ll get to it, though, in a moment.

The banks that offer free coin exchange services are:

American Eagle Credit Union
Westerra Credit Union
People’s United Bank
JBT Bank
First County Bank
Hancock County Savings Bank
TCF Bank
Shelby Savings Bank
Apple River State Bank
Glenview State Bank
State Bank of Dekalb
Manasquan Bank

There are only limited banks that offer penny exchanges to non-customers. However, it is not without its fees.

How Much Does It Cost To Use Coinstars Near Me?

A coin star near me charges its clients for performing the deed, just like every other currency conversion business. This is often a charge of 11.9% of the total coins accumulated.

A coin change machine near me is a quick option to get your change and convert your pennies. There’s no need to waste time counting them and handing them in to the customer service kiosk.

Many of the obstacles to coin exchange procedures are eliminated by these devices, which require maintenance. Consequently, a charge is required.

How To Avoid The Coinstar Fee?

If you are visiting the coin counter near me every once a year or so, you might not notice the fee deduction due to the large total. However, for regular coin machine users, a fee for every use will be more costly than anticipated.

While most service providers require a small amount of money for a fee, there are ways to get around it.

The best method to do so is by opting for withdrawal options other than cash.

1. E-Gift Cards/ Store Vouchers

At many retailers, you may utilise your collected coin value to convert it to an e-Gift card. You may use this e-Gift card at specific eateries and retailers. However, the majority of the time, it is for the grocery store where the kiosk is situated.

Therefore, if you exchange your coins at the nearest Coinstar at the Walmart nearest to you, you will receive a gift certificate that may be used at Walmart.

If you trade your coins for a gift card, the value of the gift card is not reduced by any fees. You receive the whole amount as-is. This is advantageous for customers who frequently visit different markets and shops since they can simply redeem it.

You may also use the gift card to verify your funds before going on a buying binge while on vacation. at this manner, you may spend your gift card for the required things at particular stores.

You may use your gift card certificate at a variety of shops, like Amazon, Applebee’s, iTunes, Chuck E. Cheese, Nike, Dominos, etc. Additionally, you may use your coupon points to book travel through websites like Hotels.com or Southwest Airlines.

2. Charity/ Donation

You might also give instead of paying the fees. For instance, why not give it to people who can need it the most if you have amassed a large amount of coins and it looks like additional money anyhow?

By choosing the contribute to charity option at the coin change machine near me, you may donate your pennies to the charity of your choice. There are several trustworthy choices available, such as UNICEF, the American Red Cross, Feeding America, the WWF, United Way, etc.

Please bear in mind that saving the donation receipt may be beneficial to you when filing your taxes.

What Banks Have Free Coin Counting Machines Near Me?

As previously indicated, several banks provide coin exchange services. Typically, these services are provided without charge to the company’s devoted clients.

You must pay a 5% to 10% charge from your total value if you wish to use the coin machine at the bank and you are not a customer. In order to expedite the procedure, some institutions will also need to roll your pennies beforehand.

By dividing your change in advance and visiting the bank where you have a membership, you can avoid the cost.

However, your bank might not provide this switch due to the decreasing availability of coin exchange services. In order to find out if your favorite branch has a quarter machine near me, it is preferable to contact.

The Bottom Line

Pennies are becoming less and less prevalent as cards and digital payment systems gain popularity.

Therefore, if you have any hidden collections of spare change, now would be an excellent time to go to a coin exchange machine near me. A cash or gift card is still more beneficial and practical than a coin piggy bank.

To find out if there is a coin changer near me, I must first do a thorough investigation of the supermarkets and other establishments. The final step is to collect your bags of coins and go.

It’s time to see the results of all those years of saving!