Key Takeaways
- Major national banks no longer offer coin-counting machines, but local community banks and credit unions often do (with fees for non-customers).
- Free coin wrappers are available at most banks, but non-customers may face deposit limits or fees.
- Coinstar kiosks provide fee-free options for gift cards or donations, with cash redemptions incurring a service fee.
Banks That Still Offer Coin Counting Services
While Chase, Bank of America, Citibank, and other national banks have phased out coin-counting machines, smaller institutions like community banks and credit unions often maintain them. Here’s what to expect:
Fee Structure for Coin Counting Machines
| Bank/Credit Union | Free for Customers? | Fee for Non-Customers |
|---|---|---|
| JBT | ✔️ Free | ❌ 5% fee |
| Manasquan Bank | ✔️ Free | ❌ Not available |
| Republic Bank (NJ/PA) | ✔️ Free | ✔️ Free |
| Coinstar Kiosks | N/A | 11.9% cash fee (varies) |
Pro Tip:
👉 Check Coinstar locations near you for fee-free gift card options like Amazon or Starbucks.
Free Alternatives to Convert Coins
1. Bank Coin Wrappers
All banks provide free paper coin wrappers, but policies vary:
- Chase: Accepts up to $200 in rolled coins per non-customer (visit multiple branches for larger amounts).
- Most banks exchange small amounts ($10–$20) for non-customers if coins are rolled.
Did You Know?
Pre-1965 U.S. quarters contain 90% silver and are worth more than face value. Sort coins before wrapping!
2. Coinstar Kiosks
Located in supermarkets like Kroger and Walmart, Coinstar offers:
- Zero-fee eGift cards (Amazon, Apple, etc.).
- Charitable donations with tax receipts.
- Cash vouchers for an 11.9% fee (varies by location).
👉 Find a Coinstar machine near you.
Stores with Coin Counters
| Retail Chains | Notes |
|---|---|
| Walmart | Call ahead to confirm machines |
| Kroger | Some locations host Coinstar |
| Safeway | Fees apply for cash redemptions |
Note: Availability varies by store—always call before visiting.
FAQs
1. Where can I cash coins without fees?
- Your bank (if you’re a customer).
- Coinstar kiosks (for gift cards/donations).
2. How much does Coinstar charge for $100 in coins?
- Cash voucher: ~$12 fee.
- eGift cards/donations: Free.
3. Do credit unions have free coin counters?
Some do, like American Eagle FCU and Westerra CU—call to verify.
Final Thoughts
While coin-counting machines are scarce at big banks, local institutions and Coinstar kiosks offer practical solutions. For bulk coins, rolling them yourself (with free wrappers) or opting for fee-free gift cards maximizes value.
Expert Insight
Simon Zhen, MyBankTracker’s research analyst, emphasizes:
"Community banks and credit unions often fill gaps left by national chains, offering personalized services like coin counting."
Updated for 2025 accuracy.