Quick Answer: What Percentage Does Coinstar Take?

11.9 percent

Is Coinstar a ripoff?

It’s so easy, but they don’t do it for free. Coinstar’s fee is 11.9% of your total deposit. Yes, when you use a Coinstar machine and want to get cash for your coins, they take nearly $12 for every $100 in coins you deposit.

What banks have coin counters?

Which Banks Have Coin Counters? Chase, Bank of America, Citibank, Capital One, PNC Bank, TD Bank, BB&T and other major national banks no longer provide coin-counting machines to customers or to non-customers.

Where can I cash in change for free?

14 Places to Get Cash for Coins for Free (or Cheap)

  • Places to Get Cash for Coins. Your Local Bank.
  • Coin Counting Machines. Walmart. Kmart. Kroger. CVS. ShopRite. Hy-Vee. Meijer. Albertsons. Harris Teeter. Hannaford. Cash Wise. Target. Lowe’s.

Does Walmart have a Coinstar?

Do more with your loose change with Coinstar at Walmart. Bring it into one of your local Walmart stores that has a Coinstar kiosk, and turn those loose pennies, nickels, dimes, quarters, half dollars and dollar coins into paper money or even a gift card to your favorite restaurant or retailer.

How can I exchange coins for cash?

Make sure the investment is worth it for how much cash your coins will actually bring in. Once your coins are rolled neatly into the coin wrappers, simply take them to your bank and exchange them with a teller. If you’re an account holder, you can either deposit the amount or trade it for cash.

How does Coinstar make money?

How does Coinstar work? Cashing in your loose change at Coinstar is easy. Just pour your coins into the kiosk and let us do the work. Choose one of our three convenient options: get cash, which has an 11.9% fee (fees may vary by location), select a NO FEE eGift Card, or make a donation to your favorite charity.

Can you bring coins to the bank for cash?

Certain banks will let you bring the coins to a teller, who processes them and then gives you currency or makes a deposit into your account. Other banks have self-service machines that generate a receipt, which you present to a teller in order to receive cash or add to your bank balance.

Does Coinstar charge a fee?

Coinstar’s fee is currently set at 11.9 percent of the value of the coins you’re exchanging. Basically: That’s nearly $12 for every $100 in coins you feed to the machine. You’d have to guess how much change you have accumulated to calculate the Coinstar fee.

Can you deposit coins at an ATM?

In some cases, you’ll just have to go inside and deposit with a teller. For example, if you’re making a deposit of coins, the bank may have special requirements (and ATMs don’t have the ability to accept coins).

How can I cash a check without a bank account?

How to Cash a Check If You Don’t Have a Checking Account

  1. Visit the Issuing Bank. Most banks will be willing to cash checks that have been issued from their accounts, which means you can visit a local branch of the issuing bank to get your check cashed.
  2. Go to Walmart.
  3. Endorse the Check Over to a Friend.
  4. Use a Check-Cashing Store.
  5. Try Pre-paid Cards.
  6. The Bottom Line.

How much money can you deposit?

When do banks report deposits to IRS? Banks and credit unions are required to report a cash deposit of $10,000 or larger.

What happens if you don’t take your money from a cash machine?

When a customer forgets or is too slow to take money issued by a cash machine, it is “sucked” back into the dispenser. Most banks then automatically refund the money to the customer. However, some banks have followed a policy of ‘manual’ reclaiming.

Does CVS have Coinstar?

Gift cards will be available at all CVS Coinstar Center locations. BELLEVUE, Wash.–(BUSINESS WIRE)–Coinstar, Inc. The Coin to Card™ service allows consumers to convert their loose change to a CVS card at the Coinstar kiosk and pay no coin-counting fee.

Can you exchange gift cards for cash at Coinstar?

The new Coinstar Exchange kiosks allow you to sell your gift cards for instant cash at your local grocery stores. If you need immediate cash for your gift cards from over 150 stores, then you can instantly exchange gift cards for cash right in your local grocery store at Coinstar Exchange kiosks.

Will Walmart cash a personal check?

Wal-Mart (or Grocery Store)

Wal-mart offers in-store check cashing of Payroll checks, Government checks, Tax checks, Cashier’s Checks, Insurance settlement checks, 401(k), retirement distribution checks, and MoneyGram money orders that were purchased at Walmart. They will not cash a personal check.