Coin Counting Machines Still Exist: Which Banks Have Them?

Are you looking for information about Coin
Counting Machines Still Exist: Which Banks Have Them? right,
fortunately for you today I share about the topic that interests
you, Coin Counting Machines Still Exist: Which Banks Have Them?,
hope to make you satisfied.

Articles currently viewing: Coin Counting Machines Still Exist: Which Banks Have Them?

I can still recall the days when I would take my
piggy bank with a pocketful of coins to my local savings
institution. I would exchange the coins for crisp bills or put them
in my account for later use. It was an exciting experience to watch
all of those coins turn into money.

Sometimes those coins could add up to hundreds
of dollars – with annual amounts rivaling cash rewards from the
cash back credit cards.

Fortunately, those days aren’t entirely
gone.

I recently discovered that some banks still
offer a certain service, even though it may come with a small cost.
After doing some research, I’ve identified a few of these banks
that still offer the service.

In that case, we also show you other free ways
to convert your coins.

Which Banks Have Coin Counters?

I recently found out that a lot of the bigger
banks across the nation like Chase, Bank of America, Citibank,
Capital One, PNC Bank, TD Bank, and BB&T have taken away their
coin-counting machines. It’s too bad since these were a great way
for customers and non-customers to easily count their coins. Now,
however, it looks like we’ll have to find another way to keep track
of our change.

The reason:

The big banks claim that these machines cost more to maintain than the value
that is delivered to customers.

I’m always on the lookout for convenient ways to
manage my money, so I was pleased to learn that local community
banks and credit unions often have coin-counting machines
available. These places are well-known for their great customer
service, so I’m confident that I’ll get the help I need if I ever
need it. Plus, having a coin-counting machine right in my
neighborhood makes it so much easier to keep track of my
finances.

I must be a customer to utilize these machines.
It’s a requirement for me to use them, so I need to make sure that
I am a customer before I start. I’ll need to register my details
with the company and then I can make use of the machines. It’s a
simple process but it’s necessary for me to be able to use the
machines.

I’m not a customer of the service, so I’m
expecting to pay a small fee to use it. It’s not much, but I know
that it’s still something that I need to factor into my budget. I’m
prepared and it’s worth it for the convenience. I understand that
this is the cost of using the service, but I’m still going to get
the benefit of the service without having to commit to a long term
customer relationship.

What Banks Have Free Coin
Counting Machines

[add_toplist_link post=0]

Bank	Customers	Non-customers
JBT	Free	5% fee
Manasquan Bank	Free	–
Home State Bank	Free	10% fee
First County Bank	Free	–
Shelby Savings Bank	Free	–
Cape Bank	Free	Free
Hancock County Savings Bank	Free	–
Republic Bank (NJ/PA)	Free	Free
People’s United Bank	Free	11% fee
American Eagle Federal Credit Union	Free	Free
Westerra Credit Union	Free	–
Chase	No Counters
Citibank	No Counters
Bank of America	No Counters
Capital One	No Counters
TD Bank	No Counters
PNC Bank	No Counters
Truist	No Counters

Banks Accept Coins Deposits in Coin
Wrappers

After reaching out to all the banks, we found
that every single one of them will
provide coin wrappers for free, regardless of whether or
not you are a customer.

I’m no financial wizard, but I do know how to
make those coins easier to manage. Coin wrappers! They come in
handy colors that let you know which coins go where. For instance,
ones are usually pink, quarters are yellow, and dimes are blue.
They’re the perfect way to organize your coins and make sure you’re
not missing any. Plus, they make it so much easier to roll your
coins and take them to the bank. I’m so glad these wrappers
exist!

I wrap up 40-50 coins of 25 cents or less each
time. There are even wrappers for 50-cent and one-dollar coins as
well. I find it helpful to use wrappers to keep track of the money
I have. It’s a fast and easy way to keep my coins organized. I
simply roll them up and store them in my wallet or coin jar. Plus,
it’s a great way to save money since I’m not having to buy a
separate coin-counting machine.

Be sure to check your quarters to see if they
were made in 1964 or earlier. Before 1965, U.S. quarters were made
of 90 percent silver, making them
worth significantly more than the $0.25 value.

I’ve got a ton of coins and it’s super
time-consuming stuffing them all into wrappers. It’s almost like a
tedious chore, but I’m determined to get it done. I’m counting each
coin carefully and making sure it’s rolled up tight before I put it
into the wrapper. I’m taking my time, and although it’s a lot of
work, it’s worth it in the end. After a few hours of this, I’ll
have all my coins neatly tucked away in their wrappers.

I just rolled my coins and now I’m heading to
the bank. It’s free for customers like me, so all I have to do is
show up and exchange or deposit them. It’s a simple process that
doesn’t take much effort, and I’m glad the bank offers this service
without any extra cost.

For non-customers, it’s not as simple — read
below:

Exchange Coins For Free At Banks

As a non-customer, I’ve found that not every
bank is willing to take my rolled coins. Although, they do provide
free coin wrappers, it’s not always enough. I’ve spoken to several
banks about this and they simply won’t take them if you’re not a
customer. It’s a real shame, as having rolled coins would make it
easier and more convenient to deposit them.

I recently learned that Chase Bank allows
non-customers to exchange up to $200 in coins as long as they are
in coin wrappers. I think it’s great that they’re so generous with
this policy. It’s not something that you see everywhere and it
really shows that Chase cares about their customers and the
community. I’m sure it makes a huge difference for those who are
tight on cash or need to quickly exchange coins for bills. It’s a
service that I’m definitely grateful for and I’m sure others are
too.

I have a nifty tip if I’m carrying more than
$200 in coins. All I need to do is visit several Chase locations.
This is an easy way to get rid of a bunch of coins without having
to worry about counting out all of those quarters, dimes, and
nickels. Plus, I can get cash back in the process. It’s a
win-win!

Did you know? It costs more than a penny to
produce a penny. In 2021, it cost $0.0210 to produce one $0.01
coin, according to an annual report by the U.S. MintI’m a strong
believer that we should phase out penny production because of its
high cost. It’s a waste of resources to continue making them,
especially when it costs more to make them than they are actually
worth. This has been a long standing debate over the years, and I
think it’s time we finally put an end to it. We could put that
money back into the economy, rather than continuing to pour it into
making coins that are essentially worthless. At the end of the day,
it’s a penny saved and a penny earned.

I’m sorry to say that, when it comes to coins,
Chase is the only bank I’ve contacted that’s willing to accept
them. All the other banks I reached out to turned me away.

I don’t usually expect businesses to convert
coins to bills for me if I’m not a customer, and it looks like that
policy is a pretty common one. It’s not always convenient, but it
makes sense. After all, they’re not obligated to help me out with
my change.

I often find myself needing to exchange coins
for cash. I usually go to a teller, and if the coins are already
wrapped up, they will do the exchange for me, as long as it’s for a
small amount between $10 and $20. It’s a pretty straightforward
process, and it’s always nice to get the money in bills instead of
coins.

I’m always looking for new ways to save money,
so I recently tried a trick I heard about. I visited multiple bank
branches to see if I could find a better deal on my financial
services. Sure enough, I was able to get a better rate than I was
paying previously. This was a great way to save some money, and it
only took me a few hours. I’m glad I took the time to shop around
and compare rates.

RED : 10 Best Cryptocurrency to Mine in 2023 | CoinJournal

People also view: How to Make Reels on Instagram: An Easy Guide For Beginners

I’ve got a ton of coins in my wallet that need
to be cashed in! Looks like I’m going to be making a lot of trips
to the bank to do so. I’m expecting that I’ll have to go to many
different banks to get the task done as most won’t take that much
coin. It’s a bit of a hassle, but I’m sure it’ll be worth it in the
end when I have the cash in hand!

I’m not a fan of this idea, but if you need to
count coins, you can always open an account with a bank that has a
coin counting machine. This option might not be that ideal, but
it’s something to consider if you don’t have any other
alternatives.

Frustrated with your bank?

[add_toplist_link post=1]

Check out these new top banks that people are
talking about:

Coin-Counting Alternatives With Coinstar &
Other Stores

Gift Cards & Participating
Charities Through Coinstar

[add_toplist_link post=2]

Branded eGift cards	Participating charities
AMC	American Red Cross
Amazon.com	Children’s Miracle Network Hospitals
Apple	Feeding America
Applebee’s	Make-A-Wish
Cabela’s	NAACP
Chili’s Grill & Bar	The Humane Society of the United States
Domino’s	UNICEF
DoorDash	United Way
GameStop	World Wildlife Foundation
GAP
Hotels.com
IHOP
Lowe’s
Nike
Outback Steakhouse
Roblox
Razer Gold
Red Robin
Southwest Airlines
Starbucks
Steam
Texas Roadhouse
The Home Depot

I’m looking for an effective way to avoid losing
a lot of money in fees. I’ve heard that the best option is to cash
out through an electronic gift code or to donate to charity. That
way, I can put my money to good use and minimize the amount of fees
I have to pay. It’s a win-win situation and it’s a great way to
make use of my money without losing too much of it.

Coinstar Redemption

[add_toplist_link post=3]

Coin exchange option	Fee	How it works
Cash voucher	11.9% (fees can vary by location)	Turn in the cash voucher to a cashier
eGift Card	None	Gift code is printed on the receipt
Charitable donation	None	Donation is automatically made — with a receipt for tax purposes

Stores with Coin Counter Machines

Instead of heading to the bank, I might come
across a coin counting machine at one of the places I visit most –
the grocery store. These machines rapidly identify, count, and sort
coins, providing a convenient and hassle-free way to collect your
coins. It’s a great time saver when you’re running errands and need
to exchange coins for paper money. Plus, it’s a great way to keep
track of your coins and make sure you don’t lose them!

I’m constantly using cash, so it makes perfect
sense that there are ATMs available in the stores I frequent. This
way, I can quickly access my funds whenever I need it. Whether it’s
to buy groceries or pay for gas, having an ATM nearby is really
convenient. Plus, I can withdraw cash securely and quickly without
having to worry about waiting in line or having to find an
alternate source. It’s a great way to have access to my money right
when I need it.

Note:If
I’m considering going to a store for a specific machine, it’s best
to give them a call before I make the trip. Even if it’s a store
under the same chain, it’s no guarantee that all locations have the
same machines. So it’s better to be sure before I go out of my
way.

Stores With Coinstar Coin Counter
Machines

[add_toplist_link post=4]

Stores
Wal-Mart
Winn Dixie
Food 4 Less
Vons
Ralphs
ShopRite
The Food Emporium
Safeway
Acme
Kroger
Jewel

What do you think about the above information
say coin cashing machine near me, please leave your comment on this
article.

[serp_addcat]

Website : https://azahong.com
Category : how to

Source: http://azahong.com
Category: how to