The cryptocurrency market was buzzing with news about the recent Bank of America announcement that it would be launching a US-based digital currency exchange. The move is expected to make trading cryptocurrencies easier and more accessible for people in the United States, especially those who have been frustrated by long wait times on other exchanges.,

The “where can i change my coins for cash for free” is a question that has been asked by many people. The answer to this question is very simple, you can do it at any time in the future.

Exchange Coins for Cash Instantly (+How to Skip Fees) 2022

Where Can I Find a Coinstar Kiosk Near Me to Convert Coins to Cash Right Now?

Do you have a collection of stray-way change laying about your house gathering dust? What if I told you that you could have a few hundred more pennies that you could use to help pay for this month’s groceries, pay off debt, or put toward your vacation fund?

That’s all the encouragement I’ll need to find a Coinstar near me and exchange those coins for cash! I like putting my cash to work for me.

If you’re in the same position as me and want to convert your coins to cash as quickly as possible, I’ve got you covered! Here’s how to discover a Coinstar Kiosk near you!

 

coinstar near me pin

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What do you do with the loose coins you find about your house? Is it possible that they’ll wind up in a jar of doom? Or do they end up in the bottom of a drawer?

If you’re like most people in the United States, you probably don’t do much with your spare cash. 

According to a new poll conducted by MyBankTracker, more than half of Americans (55.5%) do nothing with their extra coins!

 

pie chart statistics - americans who waste their coins

Consider what you might accomplish if you could put your money to good use. Let’s get started by collecting all of your loose change and looking for a Coinstar kiosk near you. You may quickly exchange your coins for money!

 

What exactly is Coinstar?

Coinstar is a green kiosk that may be found in many supermarkets and pharmacies across your area. It allows us to convert our leftover pennies into much-needed cash in a simple and quick manner. Coinstar was established in 1991, making it nearly 30 years old!

Self-service is possible at the Coinstar kiosk, making it easy and accessible to practically everyone. The kiosk itself resembles an ATM machine, featuring a screen, a tray where you can put your coins, and a slot where you may get your money.

 

What is a Coinstar and how does it work?

Coinstar is really rather simple to use. This is how it goes. Simply place your coins in the kiosk and choose your preferred mode of payment. There are various payout alternatives, including cash (with a little cost), gift cards (with no fee), and even donating to charity (which is tax-deductible!).

A voucher will be issued for you to get your money when the machine has counted your coins.

One of the most significant benefits is that you may use a Coinstar kiosk at any time and get your money immediately! From start to end, the complete procedure may just take a few minutes.

 

Step-by-Step Instructions for Using a Coinstar Machine

Although a Coinstar kiosk may seem scary, I can assure you that it is really easy to operate! To change your coins to cash, just follow the procedures below.

Step 1: Select your chosen payment method on the screen. This might be in the form of cash, an eGift card, or a charitable donation.

Step 2: Fill the tray with your coins. Before you add the coins, make sure they’re clean and clear of dirt and debris. Toss the coins into the slot by lifting the handle.

Collect your voucher/receipt in step 3 Depending on chosen payment option, you will get a voucher or a receipt once the kiosk has calculated your change.

If you choose cash for your coins, you may exchange the voucher for cash at the store’s register (Remember to do this on the same day). If you choose an eGift card, your voucher will also contain a code that you may use online or in-store. 

You will get a receipt if you choose to contribute to charity. Don’t forget that your contribution is tax-deductible!

 

coinstar kiosk front view

 

When did Coinstar get its start?

Coinstar was formed in 1991, despite the fact that the concept was conceived two years before, in 1989. Jen Molbak was sitting in his dorm room, staring at a jar of money and wondering how he might turn these stray coins into much-needed cash when it all began. 

Jen and two other students began construction on the kiosk in 1991, and it was ready for its initial installation in 1992. San Francisco was the first city to install a kiosk. Coinstar is now a global company that has assisted millions of customers with their transactions.

 

Coinstar makes money in a variety of ways.

When you opt to collect your reward in cash, Coinstar takes a tiny portion (11.9 percent) of your change. For example, if you put $50 in coins into the kiosk, you’ll get $44.05 in cash, plus $5.95 in service fees from Coinstar (11.9 percent ). 

In other words, if you opt to get your reward in cash, you’ll get 88.1 percent of the entire coin value you input into the kiosk.

Remember that everytime you use a Coinstar kiosk, you’re getting your spare change converted to cash without having to count, sort, or roll the coins yourself. Kiosks may also be found in a variety of places across your town or city. When you want to get your payment in cash, Coinstar charges an 11.9 percent fee for this simple convenience. 

The kiosk will collect your change, compute 11.9 percent of the total amount you contributed, and hold it as payment. This is how Coinstar generates revenue.

It’s worth noting that a service fee is only charged when a consumer selects cash as their method of payment. The eGift card and charity alternatives have no service fees.

 

jar of coins and wad of cash

 

What proportion of your earnings does Coinstar take?

When cash is selected as the distribution option, Coinstar charges an 11.9 percent service fee, as previously stated. This implies Coinstar will retain 11.9 percent of the total value of the coins you deposit to the kiosk. 

There will be no service charge if you pick the eGift card or charity alternatives as your method of payment.

 

May you tell me where I can locate a Coinstar near me?

Most prominent supermarkets and pharmacies have these large, green kiosks, so your closest Coinstar is probably closer than you think! There’s a good chance you’ll find a few Coinstar kiosks close to your house.

Here are a few sites to start your search! You may even contact ahead to see whether a Coinstar kiosk is available before you go! When searching for Coinstars around me, I find this to be a tremendous time saving.

 

• Coinstar (Walmart)

For your convenience, most Walmart shops include a Coinstar kiosk near the checkout counters in the front of the store. This means you’ll be able to exchange your coins for cash on your next shopping trip! Isn’t that simple?!

Fee for Coinstar at Walmart:

When you opt to collect your payment in cash at a Walmart Coinstar kiosk, you will be charged the same 11.9 percent fee. If you pick gift cards as your reward, you may avoid this cost.

 

FAQ:

Is Coinstar available at Walmart for free?

If you pick gift cards as your method of payment, using Coinstar at Walmart is just free. Prepare to give up 11.9 percent of your entire coin stockpile worth if you opt to obtain cash. This is the % charge for receiving cash payments. 

 

• Coinstar Hannaford

If you live near a Hannaford, make sure to look for a Coinstar kiosk there.

 

• Nearby Harris Teeter Coinstar

Do you have a Harris Teeter nearby? Look for a Coinstar kiosk near you to exchange your coins for cash.

 

• Food Lion’s Coin Machine

Another grocery store chain using Coinstar kiosks for your convenience is Food Lion! 

 

person using coinstar kiosk

 

• Coinstar CVS

Another place to look for a Coinstar kiosk close to you is CVS. 

 

• Winn Dixie is a grocery store chain.

Do you have a Winn Dixie grocery nearby? Then there’s a good chance you’ll be able to find a Coinstar near you! To turn your change into cash, go to your closest Winn Dixie shop.

 

FAQ:

Coin-counting machines are available at which stores?

Coin counting machines are available at every shop on this list. Walmart, Food Lion, CVS, Hannaford, Kroger, Shaw’s, and more retailers are included. 

 

The Fiesta Mart is a Mexican grocery store.

If you live in Texas, look for a Coinstar Kiosk at your local Fiesta Mart. You can also go see Tom Thumb if you’re in Dallas.

 

• Hy-Vee 

Make sure to look for a Coinstar kiosk at a local Hy-Vee!

 

 

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• ShopRite’s Coinstar Kiosk

A Coinstar Kiosk is generally available at ShopRite to exchange your coins for cash.

 

PLS Check Cashers is a company that specializes in cashing checks.

If your town or city has a PLS Check Cashers, go there for your coin cashing requirements! Coinstar kiosks are offered at several PLS Check Cashers locations.

 

happy woman holding cash

 

• Near Me Meijer Coinstar

Check with your local Meijer to see whether they offer Coinstar kiosks in their stores.

 

• Shaw’s

This list of Coinstar kiosks around me now includes Shaw’s!

 

FAQ:

Is it possible to purchase coins through Coinstar?

Coinstar is not a place where you can purchase coins. You may trade in your coins for cash, gift cards, or a charitable contribution on your behalf at a Coinstar kiosk. The machine, however, does not allow you to purchase coins.

However, some kiosks do provide the possibility of purchasing bitcoin. You must have a Coinme account in order to redeem your cryptocurrency coupon.

 

• Nearby Kroger Coinstar

Coinstar kiosks are located at most Kroger shops for your convenience. To cash in your coins, go to your local Kroger.

 

• Safeway

If I’m looking for a Coinstar near me, I have to go to Safeway! Many Safeway shops include a Coinstar kiosk where you can exchange your misplaced coins!

 

FAQ:

What are the locations of Amazon Coinstar?

If you search for “Amazon Coinstar locations,” I’m guessing you’re searching for a Coinstar kiosk where you can exchange your coins for Amazon.com Gift Cards. This is an option available at most Coinstar kiosks! 

Simply go to a Coinstar near you, pick “Get a gift card or eCertificate,” and choose Amazon.com. You’ll get a printed receipt with the unique code that you may use to purchase on Amazon when the kiosk has tallied your coins. 

Use Coinstar’s Find a Kiosk Search to narrow down your options. To filter the results, enter your zip code, click “eGift Cards,” and then pick Amazon.com. I use this to locate a Coinstar near me that accepts Amazon gift cards as payment!

 

• Stop & Shop

If you live near to a Stop & Shop, I’ve got good news for you! You can visit your nearest Stop & Shop store for a Coinstar coin machine.

 

FAQ:

What happens to the coins once they’ve been collected by Coinstar?

The coins collected at Coinstar kiosks are carefully transported to Coinstar’s processing facilities, where they are sorted by denomination, recounted, rolled, and sold to shops in need of cash. Some may be saved and deposited in a bank.

 

• Shopping malls/centers

Coinstar kiosks may be found in many malls and shopping centers. You are welcome to have a peek around on your next visit. 

 

Other local supermarkets, restaurants, and businesses may also have Coinstar kiosks, in addition to the ones listed above. Depending on where you reside, they might differ. City Market, King Soopers, Family Fare, Homeland Food Stores, and numerous Credit Unions, for example, have Coinstar kiosks.

To find a Coinstar near me, I’d enter my zip code in the box below. Simply enter your zip code to get a list of all the Coinstar kiosks in your area. Thank you very much!

 

 

2 Other Ways to Exchange Coins for Cash Besides Coinstar

1. Go to the bank and exchange your coins for cash.  

If you don’t want to pay the costs connected with a Coinstar Kiosk, you may always change your coins at the bank.

You’ll obtain your full monetary worth, but keep in mind that you’ll have to count and roll your own coins. Because many banks no longer have real coin counting machines, you’ll have to walk inside the bank during business hours, join the queues, and wait your time.

If you have some spare time, exchanging your money at the bank is an excellent alternative to using a Coinstar kiosk. 

You may also check if your local bank has a coin counting machine and use it to exchange your coins for cash.

Some banks provide it to their clients for free. Non-customers may be charged a nominal fee in most cases. Consider your alternatives and do your research; you could discover that the cost is less expensive than using your local Coinstar!

 

FAQ:

What banks provide a free coin counter?

If you’re looking for a free coin counting machine, you should go into your local credit unions and small community banks. Keep in mind that this service is occasionally only available to consumers for free.

JBT, Rockland Trust Bank, Manasquan Bank, Republic Bank, and Hancock County Savings Bank all have free coin counting machines!

 

2. Start with a few cents and work your way up.

Your coins are still quite valuable, even though they are large and cumbersome at times. Why not use them to make a payment? Rather of storing them in a drawer, use them up a bit at a time.

 

paying with coins

 

How to Exchange your Coins for Cash & Avoid the Fees (Bonus Tips)

You’re probably aware that if you want your reward in cash, Coinstar will charge you an 11.9 percent service fee. If you have a lot of coins, this might be a significant portion of your change! Here are a few more hints for exchanging your coins for cash without incurring additional costs.

 

1. Convert coins to cash for free at a bank.

This was noted before, but it still needs to be mentioned here. Check with your local bank or credit union to see whether they provide this service for free before handing away 11.9 percent of your lost coins!

 

people in a bank line

 

2. Select the gift card option as your payment method.

If you prefer to get your reward as a gift card rather of cash, keep in mind that you’ll get the entire coin value. Consider getting a gift card that you can truly use. It may be as wonderful as having more cash in your pocket depending on how you utilize your gift card!

Consider the following scenario: I have $50 in coins in my spare change container. Instead of receiving $44.05 in cash, I head to a Coinstar near me and opt to cash out a $50 Amazon gift card. I paid the full $50 worth by skipping the 11.9 percent service cost of $5.95.

I may now use this $50 Amazon gift card to supplement my monthly expenses. This might include everything from personal stuff to groceries. I may now keep the $50 in cash that I would have spent on these products in my wallet or savings account. 

To put it another way, I “changing my coins for cash” at a Coinstar near me, but I didn’t pay a charge! 

You may also go with the gift card option. After that, you may discover how to transfer your gift cards to your bank account or even sell them for cash!

 

3. Visit a store to exchange coins.

Small business owners and merchants are always seeking for methods to expand their coin supply for their cash registers. You may ask the owner directly whether they’ll accept your coins in return for cash.

 

cash register drawer

 

4. Pay with your coins

As previously said, getting the most out of your coins is as easy as utilizing them to make a payment. You may use a little at a time with your paper money so that you don’t irritate the cashier or the person in line behind you!

 

Frequently Asked Questions – Additional Information on Locating a Coinstar Kiosk

What is the cost of using Coinstar?

The fee of using Coinstar is determined on the amount of coins you are changing and the payment type you choose. This is due to Coinstar’s 11.9 percent fee, which applies solely if you choose cash as your payment option. Because 11.9 percent of the value of the coins you put to the machine is removed, the cost of using the kiosk is determined by the value of the coins you need to change.

Using Coinstar to convert $5.00 worth of coins, for example, will cost roughly 60 cents due to the 11.9 percent transaction charge. However, using Coinstar to swap $40.00 worth of coins would cost you $4.76.

 

Where can I get free coin exchange?

Check out your local community banks and credit unions if you want to change coins for free. Customers may use coin counting devices at certain of the locations for free. Only a few people may be able to provide this service for free to everyone. 

You may even roll your own coins and take them to your bank to deposit or exchange for cash.

If you want to avoid standing in line at the bank, check out JBT, Rockland Trust Bank, Manasquan Bank, Republic Bank, and Hancock County Savings Bank, which all have free coin counting machines.

 

For $10, how much does Coinstar charge?

To exchange $10 worth of coins, Coinstar will charge you $1.19. This is due to an 11.9 percent service charge if you pick cash as your payment method. This amount will be subtracted from the coins you put into the machine. When you opt to accept your payoff as cash, you’ll really receive $8.81 in your hand. If you want to get your reward as a gift card, Coinstar will not charge you. 

 

coinstar near me

 

For $20, how much does Coinstar charge?

To exchange $20 worth of coins, Coinstar will charge $2.38. This is due to an 11.9 percent service charge if you pick cash as your payment method. This amount will be subtracted from the coins you put into the machine. When you opt to accept your reward as cash, you’ll really receive $17.62 in your hand. If you want to get your reward as a gift card, Coinstar will not charge you. 

 

Coinstar is available at which stores?

Coinstar is available at many establishments, with over 24 000 kiosks in retail locations throughout the globe. Supermarkets and pharmacies such as Walmart, Food Lion, Safeway, Kroger, Meijer, Hannaford, CVS, and others are among these stores.

 

What is the maximum amount of money that Coinstar will accept?

The quantity of money Coinstar requires is determined on the amount of change you wish to trade. Accepting cash payments has a standard cost of 11.9 percent of the coins you deposit to the kiosk. So, if you wish to exchange $10 in coins, Coinstar will charge you $1.19. Coinstar, on the other hand, will charge $2.38 to exchange $20 worth of coins.

 

Is there a Coinstar at CVS?

A Coinstar kiosk may be found at almost every CVS site. You may use the Coinstar website to discover the closest CVS shop with a Coinstar, or you can phone the store to check before going out!

 

woman holding cash from coinstar near me

 

Is it possible to convert Coinstar to PayPal?

Coinstar does not yet provide a direct way to convert your coins to PayPal cash. Your money cannot be transferred to your PayPal wallet. 

 

Is there a coin machine at Harris Teeter?

Yes, there are coin machines at many Harris Teeter shops where you may exchange your coins for cash. You may use the Coinstar website to identify the closest Harris Teeter with a Coinstar near you, or you can phone the store to confirm before going out!

 

Is there a Coinstar at Target?

Coinstar kiosks aren’t available at any Target stores that I’ve visited. However, certain Target locations may feature Coinstar machines. Check to see if there is a Coinstar kiosk at your local Target.

 

Is there a Coinstar machine at Walmart?

Yes, there are coin machines at many Walmart stores where you may exchange your coins for cash. You may use the Coinstar website to identify the closest Walmart shop with a Coinstar, or contact the store ahead of time to confirm before going!

 

Is there a coin machine at ShopRite?

Yes, there are coin machines at many ShopRite stores where you may exchange your coins for cash. You may use the Coinstar website to discover a ShopRite near you that has a Coinstar, or you can phone the shop to double-check before going out!

 

man holding cash from coinstar near me

 

Is there a Coinstar at Food Lion?

Yes. A Coinstar machine may be found at the front of most Food Lion stores. You may use the Coinstar website to discover the closest Coinstar to you, or phone the shop to confirm before going out!

 

Is there a Coinstar at Meijer?

Yes. A Coinstar kiosk may be found at the front of most Meijer shops. You may utilize the Coinstar website to identify the closest Meijer shop with a Coinstar, or contact the store ahead of time to confirm!

 

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Final Thoughts on Coinstar Near Me for Cash Exchange

Now that you’ve learned about all of the greatest methods to turn your pennies into cash, try a couple to discover which one works best for you. Find a Coinstar near you and get rid of those loose coins!

Do you know of any other places in your area where you can exchange your coins for cash? Do you know of any additional coin counting kiosks that we didn’t include on our list? Please share your thoughts in the comments section below. We’d be delighted to hear from you.

Remember to follow us on Pinterest, Instagram, and Facebook for more money talk, frugal living advice, and side business ideas!

 

Did you like this article? It’s worth pinning!

 

Coinstar Near Me: Instantly Exchange Coins for Cash (+How to Avoid Fees)

The “coinstar near me” is a service that allows users to trade in their coins for cash. The service offers the option to skip fees if you have a little more time on your hands.

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