Places To Get Cash For Coins For Free (Or Cheap)

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Do you want to exchange your coins for cash? I can assist you.

Coin saving is one way families save money. Every time we pay cash and receive change, the coins are placed in a jar.

We don’t miss them, and it’s nice not to have to carry around that much cash in our purses and pockets. When the jars are full, however, it is time to cash them in. You can’t go to the airport with a jar full of coins.

You must identify a location where you can cash them in.

Where to Get Free Cash for Coins:

1. Your Local Bank
2. QuikTrip
3. Walmart
4. Kroger
5. CVS
6. ShopRite
7. Hy-Vee
8. Meijer
9. Albertsons
10. Harris Teeter
11. Hannaford
12. Cash Wise
13. Target
14. Kmart
15. Lowe’s

1. Your Local Bank

 

Coin counting machines can be found in many banks. To have your coins counted for free, you must usually be a member. Non-members are usually required to pay a fee.

There are presently a few banks that will accept your coins that we are aware of:

  1. Citibank (requires coin rolls and some fees may vary)
  2. Community Savings Banks (requirements vary)
  3. US Bank (no rolls but current customers only)
  4. Bank of America (requires coin rolls)
  5. First County Bank
  6. Western Credit Union
  7. Peoples United

Before you go to the bank, do the following:

  1. Call ahead and ask if they want the coins rolled.
  2. Ask if there are any membership or non-member fees.
  3. Make certain that the coins are free of lint and other debris.

One advantage of having a local bank convert the coins is that you can deposit the money directly into your account, where it can earn interest. Money in the jar only accumulates dust.

2. QuikTrip

QuikTrip gas stations and convenience stores can be found in over 800 locations across the Southeastern, Midwestern, and Southern United States.

According to this article, you can exchange your coins for cash at any QuikTrip location.

According to the article, if your local store does not have enough cash to cash out your coins, the remaining balance will be given to you in the form of a QuikTrip gift card.

QuikTrip does not charge for this service.

Coin Counting Machines:

Coin counting machines, which allow you to exchange coins for cash, are sometimes available in stores. You put your coins into the machine, and it counts them for you.

It should be noted that it will spit out any coins that it cannot identify. Foreign coins, damaged coins, and non-coins may be included.

Put it back in if the machine spits out a real coin. By doing so, you can sometimes get it to register.

You should be aware that this service is not free. Coinstar operates a popular coin counting machine. Coinstar has coin counting machines in all of its stores.

What is Coinstar’s Fee?

Coinstar charges a fee of 11.9 percent to convert your coins into cash. You can find information on how to avoid this near the bottom of this article.

For a list of Coinstar kiosks near you, visit the Coinstar website. Here is a list of stores that may or may not have coin counting machines.

3. Walmart

Walmart operates over 11,000 stores worldwide. If you live in the United States, there is most likely a Walmart nearby.

Almost every Walmart in my neighborhood has a Coinstar machine.

4. Kroger

Kroger operates over 2,700 grocery stores in 35 states across the United States. Coinstar kiosks can be found in many Kroger stores. For more information, contact your local store.

5. CVS

CVS Pharmacy has over 9,000 stores in the U.S. Except for Wyoming, it has a location in every state. Verify to see if your CVS has a Coinstar kiosk.

6. ShopRite

On the East Coast, there are over 300 ShopRite grocery stores. They are available in several states, including:

  1. Connecticut
  2. Delaware
  3. New York
  4. New Jersey
  5. Pennsylvania
  6. Maryland

Confirm to see if your local ShopRite has a kiosk.

7. Hy-Vee

Hy-Vee operates over 200 grocery stores throughout the Midwest. Minnesota, Wisconsin, and Nebraska are among the states. A Coinstar kiosk may be available at your local Hy-Vee.

8. Meijer

In the Midwest, there are over 200 Meijer retail stores. They can be found in the following states:

  1. Michigan
  2. Indiana
  3. Illinois
  4. Kentucky
  5. Wisconsin
  6. Ohio

A Coinstar kiosk can be found at your local Meijer store. Kiosks are not available at all locations.

9. Albertsons

Albertsons operates over 2,000 stores across the United States. Texas, New Mexico, and Illinois are among the states.

A Coinstar kiosk may be available at your local Albertsons.

10. Harris Teeter

Harris Teeter operates more than 200 supermarkets across seven states in the United States. They can be found in:

  1. North Carolina
  2. South Carolina
  3. Virginia
  4. Georgia
  5. Florida
  6. Delaware
  7. Maryland

Harris Teeters can also be found in Washington, D.C. A Coinstar kiosk may be available at your local Harris Teeter.

11. Hannaford

Hannaford operates nearly 200 stores throughout New England and New York. It should be noted that not all locations have Coinstar kiosks.

12. Cash Wise

Cash Wise Foods locations can be found in Minnesota and North Dakota. There are a plethora of shops. Inspect to see if your local Cash Wise store has a Coinstar location.

13. Target

In the United States, there are over 1,800 Target stores. Coinstar kiosks are not available in every Target.

Verify to see if your local Target has one.

14. Kmart

Kmart stores are becoming rare and expensive. However, there are still more than 40 in the United States. A Coinstar machine might be available at your local Kmart.

15. Lowe’s

Lowe’s is a home improvement retailer with over 2,000 locations in the United States, Canada, and Mexico. Coinstar kiosks may be available in some stores.

Again, not every store location has a machine. As previously stated, they are available at the majority of the Walmarts in the region. However, they are only found in a small number of Targets.

Go to the Coinstar website to find a kiosk location. Alternatively, you can inquire at a nearby store.

Coinstar Fees:

As previously stated, Coinstar charges a whopping 11.9 percent fee if you want to cash in exchange for your coins. As a result, if you have $100 in coins, you will be charged $11.90.

There are, however, a few choices for avoiding the fee. Take a look at these options.

Get an e-Gift Card for Free:

Coinstar does offer the option of exchanging your coins for an e-gift card rather than cash.

If you receive an e-gift card, you will not be charged a fee. Coinstar offers a variety of e-gift card options. They are all accompanied by minimum and maximum dollar amounts.

  1. Amazon: $5 to $1,000
  2. Applebee’s: $5 to $500
  3. Best Buy Electronics: $5 to $500
  4. GameStop: $15 to $500
  5. Home Depot: $10 to $500
  6. iTunes: $5 to $500
  7. Southwest Airlines: $25 to $500
  8. Starbucks: $5 to $500

Please keep in mind that the retailers and amounts are subject to change. However, if you want to avoid the Coinstar fee, this could be useful.

Give the Money to Charity:

If you donate money to charity through Coinstar, they will waive the coin counting fee. Their list of charities is limited. They are, however, all excellent options.

  1. Unicef
  2. United Way
  3. American Red Cross
  4. Leukemia and Lymphoma Society
  5. World Wildlife Foundation
  6. Feeding America
  7. Children’s Miracle Network Hospitals

On the charity list, there is something for everyone. This is a good option if you want to donate your coins to a good cause.

16. Safeway

Safeway is not only one of the firms with self-service checkout kiosks, but it is also one of the stores that accept Apple Pay (this information is for those who want to use contactless payment to pay for their groceries). There are currently over 1,300 Safeway stores in the United States. Thus, you may be able to find a local Safeway store near you if you aren’t already shopping at one.’

17. Home Depot

Home Depot is a famous destination for people looking to purchase building materials or equipment, as well as home improvement products. As of February 2020, Home Depot had over 1,900 stores in the United States and over 2,000 stores worldwide.

While many Home Depot stores have self-service checkout kiosks, they may not always be available. Unless you are purchasing small items that can be scanned, such as school supplies, you may need to communicate with store personnel. Given that many people who visit Home Depot want to buy things like wood and dirt, human contact may be unavoidable.

However, if you have the opportunity to use the self-service checkout kiosks, don’t be afraid to use your coins to (partially or fully) pay for your order.

Summary:

Coin saving is an excellent way to save money. You don’t miss them when you throw them into the jar. They almost don’t appear to be real money.

We also toss dollar bills into our coin jar on occasion. They do add up over time. This method can save you several hundred dollars per year. The cheapest way to get cash for coins is to use your own bank. If that isn’t an option, there’s always Coinstar.

You may be charged a fee by Coinstar, but at the very least you will receive cash.

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