How much does it cost to use Coinstar?

How much does it cost to use Coinstar?

Take your coins to a Coinstar machine. A 11.9% coin processing fee applies. Fees may vary by location.

How much money do you lose using Coinstar?

Coinstar’s fee is currently set at 11.9 percent of the value of the coins you’re exchanging. Basically: That’s nearly $12 for every $100 in coins you feed to the machine.

How do Coinstar machines count coins?

Coinstar takes an 11.9 percent cut — sorry, “service fee.” For every dollar of heavy metal you put in, you get 88 cents back in a voucher. Every $20 gets you $17.60. You can also turn your money into a gift card, and for that there’s no fee (Coinstar sorts that out between the restaurant/store).

How much does Coinstar charge for $10?

It’s so easy, but they don’t do it for free. Coinstar’s fee is 11.9% of your total deposit.

Can you redeem Coinstar at self checkout?

Use coins to pay for purchases partially or fully at self-checkout kiosks. Use Coinstar machines and exchange coins for cash (11.9% fee) or a gift card (no fees)

Are Coinstar machines worth it?

Because they’re basically the only coin-counting company out there, Coinstar can get away with charging these high fees. Most people feel like the convenience of the kiosks makes it worth it. But, if you don’t need cash right away, you can skip the Coinstar fee and get the full value of your coin deposit.

How does the coin machine at Walmart work?

Cashing in your loose change at Coinstar is easy. Just pour your coins into the kiosk and let us do the work. When all your coins have been counted, you’ll receive a paper voucher for cash, or an eGift Card, which has a unique code printed at the top. If you chose charity, you’ll receive a receipt for your donation.

Are Coinstar machines accurate?

But at Coinstar machines, you dump your coins in and they give you cash back, charging a 10.9 percent processing fee on your total. You expect 100 percent accuracy for what you put in and we wanted to hold them to it. The cash used included 70 quarters, 50 dimes, 40 nickels, and 50 pennies.