Top Places to Exchange Coins for Cash Free of Charge

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Are you tired of carrying around a jar of loose change? Do you wish you could turn it into actual cash without losing a portion of it to fees? Look no further! We've compiled a list of the top places to exchange coins for cash free of charge.

First on our list is your local bank or credit union. Many banks offer coin counting machines that are free for their customers to use. Simply dump in your change, and the machine will count it up and dispense your cash. Not only is this option free, but it's also convenient – you can deposit the money directly into your account if you choose.

If you don't have a bank or credit union nearby, fear not. Coinstar machines can be found in many retail locations, such as grocery stores and drugstores. While these machines do charge a fee (usually around 11%), you can avoid it by choosing to receive a gift card to the store where the machine is located instead of cash. This may not be the ideal solution for everyone, but it's certainly an option to consider.

Finally, if you're feeling charitable, consider donating your coins to a local charity or organization. Many nonprofits are more than happy to accept donations of spare change, and you'll be doing your part to help others while also getting rid of your pesky coins. It's a win-win situation!

As you can see, there are several ways to exchange coins for cash free of charge. Whether you opt for a bank, a Coinstar machine, or a nonprofit organization, you'll be able to turn that jar of change into something useful without losing any of it to fees. So why wait? Start cashing in on your coins today!


The Best Ways to Exchange Coins for Cash

Are you tired of carrying around loose change and want to turn it into actual cash? Luckily, there are several ways to exchange coins for cash free of charge. In this article, we’ll discuss the top options for turning that jar of coins into something useful without losing any of it to fees.

Using Your Local Bank or Credit Union

One of the most convenient and cost-effective ways to exchange coins for cash is to utilize your local bank or credit union. Many banks offer coin counting machines that are free for their customers to use. By simply dumping in your change, the machine will count it up and dispense your cash. Not only is this option free, but you can also deposit the money directly into your account if you choose, making it a hassle-free experience.

Utilizing Coinstar Machines

If you don’t have a bank or credit union nearby, there is always the option of using a Coinstar machine, which can be found in many retail locations such as grocery stores and drugstores. Though there is a fee (usually around 11%) for using these machines, you can avoid it by choosing to receive a gift card to the store where the machine is located instead of cash. While this may not be ideal for everyone, it’s certainly an option worth considering.

Donating Your Coins to Charity

If you’re feeling charitable, consider donating your coins to a local charity or organization. There are many non-profits who are eager to accept donations of spare change, and you’ll be doing your part to help others while getting rid of your pesky coins. This is a win-win situation!

The Pros and Cons of Each Method

Now that we’ve discussed the top methods for exchanging coins for cash, let’s take a closer look at the pros and cons of each:

Method Pros Cons
Local Bank or Credit Union Free, convenient, and easy to deposit cash directly into your account Requires access to a bank or credit union, may not be available in all areas
Coinstar Machines Convenient and easy to use, can choose to receive a gift card instead of cash to avoid fees 11% fee for cash option, limited locations
Donating to Charity Feels good to give to a good cause, removes loose change from your possession No cash in return, may not be the most ideal option for those needing immediate cash

Our Opinion

Overall, we believe that utilizing your local bank or credit union is the best option for exchanging coins for cash. Not only is it free and convenient, but you also have the option to deposit the cash directly into your account. However, if you don’t have access to a bank or credit union, the Coinstar machine is also a viable option, especially if you don’t mind receiving a gift card instead of cash. Donating to charity may not be the best option if you need immediate cash, but is always a great option if you want to give back to the community.

Regardless of which method you choose, the important thing is to make use of those spare coins instead of letting them sit around gathering dust. Start cashing in on your coins today!


Thank you for taking the time to read our article on top places to exchange coins for cash free of charge. We hope that you found the information provided useful and that you will be able to put it to good use. If you have any other tips or suggestions for exchanging coins for cash, please feel free to share them with us in the comments section below.

Remember that there are many different options available when it comes to exchanging coins for cash, and it is important to find the one that works best for you. Whether you decide to use a Coinstar machine, roll your coins and take them to a bank, or exchange them at a currency exchange, make sure to do your research and compare rates and fees before making a decision.

Finally, we want to stress the importance of using caution when handling coins and cash. Make sure to keep your money secure at all times, and be aware of any scams or frauds that may be targeting coin collectors or people looking to exchange coins for cash. Above all, stay safe and have fun exploring the world of coin collecting!


People also ask about the top places to exchange coins for cash free of charge:

  1. What banks offer free coin counting?

    Some banks that offer free coin counting services include:

    • Chase
    • Wells Fargo
    • Citibank
    • Bank of America
    • TD Bank
    • PNC Bank
    • Santander Bank
    • BB&T

  2. Can you exchange coins for cash at Walmart?

    Yes, Walmart has coin exchange machines called Coinstar kiosks that count and exchange coins for cash. However, they charge a fee of 11.9% for the service.

  3. Are there any supermarkets that offer free coin counting?

    Some supermarkets that offer free coin counting services include:

    • Kroger
    • Publix
    • Stop & Shop
    • Food Lion
    • Giant Eagle
    • Hy-Vee

  4. Can you exchange coins for cash at a credit union?

    Many credit unions offer free coin counting services for their members. Check with your local credit union to see if they offer this service.