Does Coinstar Charge a 10 Percent Fee on Coin Conversion?

Learn about Coinstar's fees: 11.9% cash conversion fee and how to avoid it using gift cards or eCertificates.

Published

Video transcript

Coinstar charges an 11.9% fee for the convenience of converting your coins into cash. However, if you opt for a gift card or eCertificate, you can avoid this fee entirely. This can be a practical way to maximize the value of your coins.

Questions and answers

  1. What percentage fee does Coinstar charge for converting coins to cash?

    Coinstar charges an 11.9% fee for converting coins to cash.

  2. Can I avoid Coinstar's cash conversion fee?

    Yes, you can avoid the 11.9% fee by choosing to receive a gift card or eCertificate instead of cash.

  3. How does Coinstar’s fee compare to using gift cards or eCertificates?

    Using gift cards or eCertificates through Coinstar allows you to convert your coins without paying the standard 11.9% cash conversion fee.

  4. Is using Coinstar gift cards a practical way to maximize coin value?

    Yes, opting for gift cards or eCertificates is a practical way to get the full value of your coins without fees.