How to Change Bags of Coins at Banks and Coin Machines
Learn where to change bags of coins efficiently at banks, credit unions, and Coinstar machines.
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You can change bags of coins at your local bank or credit union. Most financial institutions offer coin exchange services, either as a deposit into your account or for cash. Additionally, self-service coin-counting machines like Coinstar, available at many supermarkets, can convert coins to cash, gift cards, or donations, though they might charge a small fee.
FAQs & Answers
- Can I exchange coins for cash at any bank? Most banks will exchange coins for cash, but check with your local branch as policies may vary.
- What are the fees for using Coinstar? Coinstar typically charges a small fee, usually around 11.9% for cash conversion, but offers no-fee options for gift cards.
- Do credit unions offer coin exchange services? Yes, many credit unions provide coin exchange services similar to banks.