25 Top Places To Cash Coins For Free (Or Cheap) – Updated
If you have a collection of coins that you no longer need or want to cash in, you may be wondering where to go. Luckily, there are several places where you can cash in your coins for free. In this article, we will explore the top 20 places where you can cash coins without any fees or charges. So, let’s get started and turn those loose coins into cash!
Banks
Local Banks: Many local banks have coin-counting machines available for their customers. Simply bring in your coins, and the machine will count them for you. Some banks may have a coin-counting fee, but many offer this service for free if you have an account with them.
Credit Unions: Credit unions often provide free coin-counting services to their members. If you are a member of a credit union, inquire about their coin-cashing options.
Retailers
Walmart: Walmart has coin-counting machines in many of their stores. You can exchange your coins for a Walmart e-gift card or receive cash at the customer service desk.
Target: Some Target stores have coin-counting machines available near the guest services area. You can cash in your coins or choose a Target gift card.
Kroger: Certain Kroger grocery stores have coin-counting machines. You can convert your coins into cash or choose a gift card from Kroger or other retailers.
Coin Machines
Coinstar: Coinstar is a popular coin-counting machine found in various grocery stores, such as Safeway, Albertsons, and Publix. They offer coin-to-cash and coin-to-gift card options. Keep in mind that Coinstar deducts a fee if you choose the cash option, but you can avoid the fee by opting for a gift card.
TD Bank Penny Arcade: If you have a TD Bank branch near you, check if they have a Penny Arcade machine. These machines count your coins for free, and if you have a TD Bank account, you can deposit the money directly into your account.
Online Options
PayPal: PayPal allows you to cash in your coins through their Coinstar partnership. You can deposit the amount directly into your PayPal account without any fees.
Amazon Gift Cards: Coinstar also offers the option to exchange your coins for Amazon gift cards. This can be a convenient way to turn your coins into online shopping credit.
Community Organizations
Local Churches: Some churches may have coin-collection programs or donation boxes where you can drop off your coins.
Schools: Contact local schools or educational institutions to see if they accept coin donations or have coin drives.
Charitable Organizations
Goodwill: Goodwill often accepts coin donations at their thrift stores. Check with your local Goodwill to see if they have any coin collection programs.
Salvation Army: The Salvation Army may accept coin donations at their various locations.
Casinos
Casinos: Some casinos have coin redemption machines where you can exchange your coins for cash. Check with local casinos to see if they offer this service.
Municipal Services
Toll Booths: In some regions, toll booths accept coins as payment. If you have a significant amount of coins, you can use them to pay for tolls.
Coin Collectors and Dealers
Coin Collectors: If you have rare or valuable coins, consider reaching out to coin collectors who may be interested in purchasing them.
Coin Dealers: Coin dealers specialize in buying and selling coins. They can provide you with an appraisal and offer to buy your coins if they are of value.
Flea Markets and Coin Shows
Flea Markets: Some flea markets have coin dealers who may be interested in purchasing coins from individuals.
Coin Shows: Coin shows are events where collectors and dealers gather to buy and sell coins. You can bring your coins to a coin show and explore potential selling opportunities.
Community Exchange Groups
Local Community Exchange Groups: Check community forums, social media groups, or websites like Craigslist for local exchange groups where you can connect with individuals interested in buying or exchanging coins.
Conclusion
Cashing in your coins for free is possible through various avenues. Banks, credit unions, retailers, coin machines, online platforms, community organizations, charitable organizations, casinos, municipal services, coin collectors and dealers, flea markets, coin shows, and local exchange groups all provide opportunities to convert your loose change into cash without any fees. Consider the options available in your area and choose the method that works best for you. Happy coin cashing!