How to Easily Convert New Coins to Cash: A Simple Guide
Learn how to convert new coins to cash easily with our step-by-step guide. Discover banks and machines that offer this service.
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Converting new coins to cash is simple. Visit a local bank or coin exchange machine like Coinstar. Coinstar machines charge a small fee but offer cash or store credit. For larger amounts, banks often provide free counting and conversion services to account holders. Always check if your bank requires coin sorting before depositing.
FAQs & Answers
- Can I convert coins to cash at any bank? Not all banks accept coin deposits without sorting, so it's best to check with your local bank first.
- What fees are associated with Coinstar? Coinstar typically charges a small percentage fee for cashing in coins, but offers store credit options that may not have fees.
- Is it worth using a Coinstar machine? If you need cash quickly and have loose coins, it can be worth it; however, check for cheaper alternatives like banks.