Coinstar

Elmhurst

Just unloaded about $25 in Coinstar in local grocery store. They took about 19 or 20% fee. Is this average now? I thought it was 9% last time I checked. And it kick back one dime that I saw now problem with, so I saved two cents.

hummingbird_coins

My recommendation: Find a bank that has an automatic coin sorter. Become a member and you should be able to avoid the fee. (If you have to do this often)

Elmhurst

@hummingbird_coins said:
My recommendation: Find a bank that has an automatic coin sorter. Become a member and you should be able to avoid the fee. (If you have to do this often)

My CU does it for 2-3 % sometimes as a promo, I just thought 20% was ridiculous. Won’t do it again, thanks.

giantsfan20

I thought the fee was 12.9% and a ,59 cent transaction fee Safeway in N California.

You can deposit the change self service checkout machines and get full value.

SaorAlba

Two of my credit unions are free unlimited, the other one is free up to $99.99 and 10% above that.

johnny9434

I go to the bank rolling machine there. If not I'll roll it up by hand, banksters get enough as it is 😡

(edited for spelling)

Elmhurst

Thanks All !

jacrispies

All I have ever seen is 10% fee on coinstars, with a 0% fee if you process the funds onto affiliate gift cards. I have only seen a free to use coin counter in a bank once (out of state).

DCW

Most coinstars will do it "no fee" if you choose one of the gift card options.

pocketpiececommems

Did the give you thee option of gift cards? I he to my bank with no fees

Sanddollar

@Elmhurst said:
Just unloaded about $25 in Coinstar in local grocery store. They took about 19 or 20% fee. Is this average now? I thought it was 9% last time I checked. And it kick back one dime that I saw now problem with, so I saved two cents.

Not accurate.
All Coinstar locations charge 11.9% with a few adding a percent to top out at 12.9%. The OP either is exaggerating his claim or his math is off. NO Coinstar charges "19 or 20%".

JBK

Could it be a another company's machine that he is generically calling a Coinstar?

In any case, I guess I'm lucky t8 have two banks (each with multiple branches) where the coin machines are free for customers.

PeakRarities

Don’t they offer Amazon gift cards? They’re just as good as cash, to me at least.

Dave99B

I convert my coins into a Starbucks card. No fee.

Dave

privatecoin

Bought my own sort and counter.

I hate fees.

Creg

Free at the credit union, mine goes into my account.

Boosibri

Dump them in the u scan machines at the groceries store

Orlena

Just picked up a 1964 quarter and a 1954 Rosevelt dime in the rejected slot today - first time a couple years.

mrcommem

I only go to Coinstar to check out the reject slot. My change goes to a local bank that rather not have rolled coins. They say that they just need to unwrap them to count the coins. I just bring a mint bag of coins and give them to the teller. No fee.

Bochiman

@hummingbird_coins said:
My recommendation: Find a bank that has an automatic coin sorter. Become a member and you should be able to avoid the fee. (If you have to do this often)

Less and less of these around (at least in my hood).
Too many people put in foreign coins (I'm in a heavy immigrant area) and machines would have problems and break down. So, they just pulled the machines altogether.
Some banks have gone back to only taking coins in wrappers, with information on it.

Old_Collector

My bank takes all of my rolled change (and has free rollers for do it myself) but they really lost it today when I asked to order $500 in cents. I reminded them that I have a business account and run a large balance that will go to another bank if they cannot do this one simple thing. Moronic Capital One Bank.

jmlanzaf

@Old_Collector said:
My bank takes all of my rolled change (and has free rollers for do it myself) but they really lost it today when I asked to order $500 in cents. I reminded them that I have a business account and run a large balance that will go to another bank if they cannot do this one simple thing. Moronic Capital One Bank.

I wouldn't want to do it either. They are spending money to support your hobby.

Cameonut

@PeakRarities said:
Don’t they offer Amazon gift cards? They’re just as good as cash, to me at least.

I used to get Amazon cards all the time. Now, all the machines near me do not offer them anymore. Best I can do is a Lowes gift card.

rte592

@hummingbird_coins said:
My recommendation: Find a bank that has an automatic coin sorter. Become a member and you should be able to avoid the fee. (If you have to do this often)

Or go to a local casino in your area...they should exchange all your money....No Fees

milbroco

No Fees for me at my Inspire Credit Union since I am a member.

rte592

@Elmhurst said:

@hummingbird_coins said:
My recommendation: Find a bank that has an automatic coin sorter. Become a member and you should be able to avoid the fee. (If you have to do this often)

My CU does it for 2-3 % sometimes as a promo, I just thought 20% was ridiculous. Won’t do it again, thanks.

20% is ridiculous.
Did you get a receipt?
Post it up if you did.

GotTheBug

When I get loose coins I spend them in the self checkout at Walmart. Sometimes it takes a while when I have several dollars in coin but no percentage loss makes it worth the effort.

giantsfan20

The self checkout machine gets my quarters from my failed attempts to find these elusive wquarters.

Stilll have not found one like most.

MetroD

Source: https://www.coinstar.com/GetCash

Glen2022

My credit union does it for free for members. Don't know how much they charge nonmembers. The local supermarket charges about 12 1/2%.

seatedlib3991

boy am I ever out of touch. I have never used or even looked at one of these change machines, but I have never paid for change counting in my entire life. Never even occurred to me. I have had a personal or business (or both) account since i was 13. James