Will banks count your coins?

Take your coins to a community bank or credit union
Many big banks have phased out their coin-counting services in recent years, but the regional banks or credit unions that do offer coin exchange likely do so at no cost to customers. There may be a small fee for noncustomers to use the bank's coin-counting services.
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Can I take a bag of coins to the bank?

Consumers can turn in their coins for cash at banks, which will give them their full value. Banks do not charge a fee to their customers when they deposit coins, but many require that the coins be rolled in wrappers.
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How much does a bank charge to count coins?

Visit your bank or credit union

A lot of supermarkets have coin-sorting machines but almost all charge a service fee. (CoinStar's processing fee, for example, is currently 11.9% of whatever you convert, or $11.90 for every $100 in change.)
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Do banks still accept coins for deposit?

Banks or credit unions

You can also turn to a local bank or credit union to exchange your coins for cash — or deposit the money into a bank account. Many of those financial institutions will ask you to roll the coins to turn them in.
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Can banks refuse to accept coins?

(d) None of the bank branches should refuse to accept small denomination notes and / or coins tendered at their counters.
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More and more banks don't want your money -- coins, that is.



Can bank deny to take coins?

No coin is closed. If any person and shopkeeper refuse to take coins, it is an insult to Indian currency. This can lead to legal action against him.
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Is Coinstar free at Walmart?

You do not pay a fee; however, Coinstar retains a 10% processing fee from your donation amount for national charities and a 7.5% processing fee for regional charities. See Charity Partners for information.
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What bank has a coin-counting machine?

What Banks Have Free Coin Counting Machines?
  • American Eagle Credit Union: Free for customers, 10% for noncustomers.
  • Apple River State Bank: Free for customers.
  • First County Bank: Free for customers, 10% for noncustomers.
  • Hancock County Savings Bank: Free for customers.
  • JBT Bank: Free for customers, 5% for noncustomers.
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What is the best way to count coins?

To count coins, you want to do a similar thing to notes, only pick them up. Separate the denominations out into piles. Then, placing one hand below the edge of the table, use the fingers of the other hand to sweep coins off the table and into your open palm. Make stacks of ten coins and add the values.
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How much coins can I deposit in bank?

RBI has not prescribed any limit for coin deposits by customers with banks. Banks are free to accept any amount of coins from their customers.
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How can I cash in coins for free?

Here are five places where you can access free coin counting and exchange services: QuikTrip. Bank of America. Wells Fargo.
...
  1. QuikTrip. QuikTrip owns a line of gas stations across 11 states, with 800 locations in total. ...
  2. Bank of America. ...
  3. Wells Fargo. ...
  4. US Bank. ...
  5. Credit Unions.
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How do I avoid Coinstar fees?

Coinstar's processing fee is generally 11.9%, but fees may vary depending on the location. To avoid the processing fee, you'll have to choose to receive an e-gift card instead of cash.
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Does Walmart have a coin counter?

Is there a coin-counting machine at Walmart? Yes. Coinstar machines can be found at the vast majority of Walmart locations across the country.
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Which banks are paying extra for coins?

As CNN reports, the Community State Bank in Wisconsin has launched a Coin Buyback Program, which will pay people a premium for their change. If you bring in $100 in coins, the bank will pay you $105 in cash.
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How do you get rid of coins?

Key Takeaways: Where Can I Cash in My Coins?
  1. Take Your Coins to the Bank.
  2. Roll Them Yourself.
  3. Use a Coin Counting Machine.
  4. Hire Someone to Roll Them.
  5. Buy a Coin Separator.
  6. Buy Stuff with Them.
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Do banks give free coin wrappers?

Most banks will give you free wrappers if you ask and will exchange their customers' rolled coins for cash — and many extend that courtesy to non-customers as well.
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Can I deposit coins at an ATM?

Do ATMs take coins? Most ATMs do not take coins. If you want to deposit coins, you'll need to go into a branch and deposit them with a teller.
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What is better than Coinstar?

You'd be hard-pressed these days to find a free coin counting service at a national or super-regional bank. So your best bet is to find a local credit union or small community bank that will count your change for free.
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How accurate is Coinstar?

According to Coinstar, the machines are accurate to within one cent. In other words, if you deposit $6.97 worth of coins, you will receive $6.97 in cash, a gift card, or a store credit.
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What can you do with spare change?

Here are 10 ways to make those coins work for you.
  1. Roll It Up. ...
  2. Open a Savings Account. ...
  3. Save for Holiday Gifts. ...
  4. Create a Vacation Fund. ...
  5. Teach Your Kids About Saving. ...
  6. Start a College Fund. ...
  7. Put It Toward Your Latte Fix. ...
  8. Donate to Charity.
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Can a cashier refuse pennies?

While federal law states that coins are legal tender, it does not compel anyone to accept them. If a business doesn't want to take pennies — or a $100 bill, for that matter — it has a legal right to refuse them.
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Can I deposit coins at post office?

You can pay in both notes and coins at a Post Office® counter. Cash deposit limits vary. You should check the cash deposit limit at the Post Office® you intend to use.
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What coins will Coinstar not accept?

To process coins, loose change is poured into the machine. In the United States, the machine accepts all denominations of coins from one-cent coins to one-dollar coins, its only restriction being 1943 steel cents and Eisenhower Dollars.
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How much does Coinstar charge for 300?

Right now Coinstar charges a convenience fee of 11.9%.
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