4/10/2023 0 Comments Pa conv fee![]() ![]() I’m sure most of you are familiar with Coinstar, but for those who aren’t, this company produces coin counting systems that are placed in stores. I think we might have to blame our consumer culture of switching to plastic, the expense of keeping coins, and companies like Coinstar. I hate how it’s so much of a pain to deposit or exchange real legal tender. There are others like TD Bank which charges a fee to use the machine. Some banks have coin counting machines in their lobby, but they might only be for account holders. I still see a lot of chatter on forums about banks around some towns not accepting coins at all. I get a lot of emails about the subject to this day and that post was over six years ago. One of my most popular posts on this blog was when I wrote about how it seems many banks don’t accept coin deposits anymore. This makes it easy to deposit coins, outside of paying that 11.9% processing fee. ![]() Now when I look for Coinstar near me, I find them in so many places, including most Walmarts. When I would have a ton of coins, it used to be harder to find a machine to deposit them. Read below to see how you can skip the Coinstar fee and save yourself some money in the long run. The caveat is you don’t get your coins back in cash, but in a different form. Well, after looking around, I was able to find a way to get them to process my coins for free and it’s not illegal. I’ve used them many times in the past, but always hated paying them to process the coins. On our quest to get people to realize they need to stop paying bank fees, we also wanted to share that with people who use the popular Coinstar coin counting machines.
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