75+ Free Coin Counting Machines Near Me

Did you know you could be wasting lots of money by not collecting coins? Americans throw away about $62 million worth of coins every year, according to a report by Covanta Holdings in 2024. A year earlier, Coinstar estimated that they’re about $7.7 billion worth of coins lying around at American households and offices, without use.

By 2021, this figure would be definitely higher.

Americans waste coins in different ways. I will describe some of the common ways by which you too could be wasting your coins- or rather- your hard-earned money. I will also provide you with the list of free coin counting machines near you where you can exchange these coins for cash.

How Americans Waste Their Coins?

There’s only one main reason why Americans waste their coins. And that’s because they don’t wish to carry loose change in their purses or wallets. Here’re some ways you too might be wasting such coins.

• Not accepting coins as a change while shopping.
• Tossing away coins in trashcans or garbage bins.
• Dumping coins in your garden.
• Leaving coins lying around the home, office, or even car.
• Neglecting change given by dispensing machines.
• Not knowing where to chance coins for currency notes and other gifts.

There could be other ways by which you waste coins too. However, I can assure you that collecting coins is worth the while and effort.

Rewards of Collecting Coins

If you’re among such persons, I would strongly suggest that you start collecting coins right away. That’s because, over a period of years, these coins can add up to a considerable sum of money. And you can invest this money in different ways to make it grow.

At the same time, there’s nothing wrong with collecting coins. YouGov, a public opinion company states that some 36 percent of people collect their coins and store them in jars while about 10 percent use Piggy Banks and other coinboxes for the purpose.

A video released in 2024 on the Facebook channel ‘Unknown Facts’ shows the story of an American man who collected one Cent coins in 20-gallon and 55-gallon barrels. Upon exchanging these Cents, he got a total of $13,084.59 from a bank.

Understandably, you don’t need to go to such lengths to collect change. You could do it in your own small ways and yet save a lot of money.

Exchanging Coins for Currency Notes

Normally, people that collect coins, exchange them for currency notes. Actually, banks are under no obligation to exchange coins for notes. In fact, the Department of Treasury and Federal Reserve doesn’t make it compulsory for banks to exchange your coins for cash.

However, if you have an account at any bank, you can deposit them in your bank account directly and get their worth credited to your account. In such cases, a bank can’t refuse to accept the coins because you’re their customer.

At the same time, banks do have certain rules and procedures for accepting your coins, especially if they’re in large numbers. The procedure is very simple. You need to roll your coins on paper that the bank provides. Or you can use your own paper to make neat rolls of coins and hand them over to the bank. That makes it easier for their coin counting machines to count the money.

Free Coin Counting Machines Near Me

This brings us to the next question: Where can I find free coin counting machines near me or where can I change my coins for cash for free? As I mentioned earlier, the service is provided free of cost by banks to its customers. However, if you’re not a customer, some banks do charge a small fee to count your coins.

The below chart shows some of the places where you can get free coin counting machines.

Glenview State Bank	Free	Not Available
Liberty Bank	Free	Not Available
State Bank of Dekalb	Free	Not Available
Wintrust Bank	Free	Not Available

Additionally, there’re some banks that don’t have coin counting machines. Instead, they accept rolled coins and give you cash. You needn’t be a customer of these banks.

i)  Bank of America

ii)  BB&T

iii) Capital One

iv) Chase

v) Citibank

vi) PNC Bank

vii) TD Bank

Exchanging Coins at Casinos

If there’s a casino in your city, you can exchange your coins there too. Generally, these casinos have a coin counting machine but not really for the public. However, if you approach them and they’re willing to buy your coins in exchange for currency notes, you can use their coin counting machine.

The same holds true for gaming kiosks. They usually have slot coin gaming machines. You can use their coin counting machine to count your coins and exchange them for currency notes

Exchanging Coins with Coinstar

Nowadays, only a few banks offer coin-counting machines, as you can see from my above list. However, that’s nothing to worry about. There’s a company known as Coinstar. They offer coin-counting machines at various locations across America. And some of these locations are very convenient because they’re located at major stores.

You could check if any of these stores have a Coinstar coin counting machine nearby.

1-  Walmart

2-  Kmart

3-  Meijer

4-  CVS

5-  Payomatic

6-  Acme

7-  Albertsons

8-  Baker’s

9-  Bi-Lo

10-   Cash Wise Foods

11-   City Market

12-  Cub Foods

13-  Dan’s Supermarket

14-  Farm Fresh

15-   Food 4 Less

16-   Food Lion

17-   Foodland

18-   Fry’s Marketplace

19-   Gerbe’s

20-   Giant Eagle

21-   Harris Teeter

22-   Hannaford

23-   Harveys

24-   H-E-B

25-   Hornbacher’s

26-   Hy-Vee

27-   Jay C Food

28-   Jewel Osco

29-   King Soopers

30-   Mariano’s Fresh Market

31-   Mollie Stone’s

32-  Owen’s

33-   Pavilions

34-  Pick ‘n Save

35-  Randalls

36-  Ralphs

37-   Ray’s Food Place

38-   Redner’s Markets

39-   Ruler Foods

40-  Safeway

41-   Shaw’s

42-  Shop ‘n’ Save

43-  ShopRite Supermarkets

44-   Star Market

45-   Stop and Shop

46-   The Food Emporium

47-  Tom Thumb

48-   United Supermarkets

49-   Vons

50-   Winco

51-   Winn Dixie

However, you have to pay a stiff commission to Coinstar to count and exchange your coins. Coinstar charges an 11.9 percent fee for every $100 you exchange in coins. For example, if you deposit $100 worth of coins, you’ll get back only $88.10. However, at some locations, Coinstar fees may be higher or lower.

Rules to Exchange Coins

If you’re going to use a coin-counting machine, there’re some rules that you need to follow. Here I will list these rules and requirements.

• Always ensure that the coins are clean and free of debris of any kind.
• Never sneak in foreign coins along with American coins because these will be rejected instantly.
• Sort and separate your coins before taking them to a coin counting machine. That way, you can finish the process faster.
• Use proper paper to make rolls of coins, according to specifications of the bank.
• Exchange your coins for cash regularly or at least twice a year to prevent them from becoming too heavy to carry and cumbersome to roll for exchange.

Things You Can Get in Exchange of Coins

Other than getting currency notes in exchange for your coins, you can also opt to receive free shopping vouchers. Coinstar charges an 11.9 percent fee on every transaction of counting your coins and paying cash. However, if you opt for a shopping voucher, they waive off these fees.

Also, you can donate your coins to a charity through Coinstar machines near you. The charity to which your money goes depends upon your location. Each Coinstar machine will display the various charities in your area and in America to which you can donate your coins.

In such cases, you can keep a receipt of the donation and submit it to Internal Revenue Service along with your Income Tax returns for tax rebates. In fact, this is one of the best ways to use a coin-counting machine because you could save a lot of taxes in a year simply by collecting coins and donating them through Coinstar.

In Conclusion

They're more than 70 places and thousands of locations where you can find coin-counting machines near you. However, they don’t merely allow you to count your coins. Instead, you have to use your coins for a transaction such as depositing them in your bank account, buying a shopping voucher, or donating to charity. Therefore, the next time you have a pile of coins, use any of these coin-counting machines nearby to get money.