Hailey Johnson
While major banks like Bank of America, Chase, and Capital One no longer provide coin-counting machines, some local community banks and credit unions still offer this service for free to their members. These smaller financial institutions are known for providing better personal customer service. Some banks that still offer coin-counting machines include US Bank, Ridgewood Savings Bank, and Hyperion Bank. Additionally, some banks, such as Wells Fargo, will exchange rolled coins for customers at no cost.
| Characteristics | Values |
|---|---|
| Banks with coin-counting machines | Chase Bank, US Bank, Ridgewood Savings Bank, Hyperion Bank, PNC Bank, Wells Fargo |
| Coin-counting machines in supermarkets | Coinstar, Publix |
| Fee-free coin exchange | Local community banks, credit unions |
| Free coin wrappers | All banks |
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What You'll Learn
Banks with coin counters
Major national banks like Chase, Bank of America, Citibank, Capital One, PNC Bank, and TD Bank no longer provide coin-counting machines to customers or non-customers. However, some local community banks and credit unions offer coin-counting services, although they may charge fees for non-customers.
For example, a local credit union, Security Service Federal Credit Union (SSFCU), has a coin counter that deposits the value of your coins directly into your account. Similarly, Fifth Third Bank has coin counters in the lobby of some of its locations, allowing you to count your coins yourself.
If you are a customer of Chase Bank, you can use their coin-counting services, but they may require you to roll the coins before counting. Additionally, Bank of America offers coin-counting machines in select branches, typically for customers only. Non-customers might be able to access this service with a fee or by rolling their coins.
While some banks still provide coin-counting services, you may need to visit multiple branches or open an account with a specific bank to utilize these services, which may not be the most convenient option.
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Coin counter fees
Some banks, like Chase Bank, offer coin-counting services for customers, but they may require the coins to be rolled. PNC Bank also offers coin exchange services, but customers must roll their coins. Bank of America offers coin-counting machines in select branches, typically for customers only. Non-customers might have access for a fee or by rolling their coins.
Coinstar kiosks are another option for coin counting, but they charge a significant fee of up to 12.9% + $0.99 per transaction for cash exchanges. The fee varies by location. However, there is no fee for exchanging coins for electronic gift cards or donating them to charity through Coinstar.
To avoid coin counter fees, individuals can roll their coins and deposit them at a bank or exchange them for gift cards or charitable donations. Some banks may also provide coin-counting machines for free, but it is important to check with the bank beforehand.
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Coin wrappers
Local community banks and credit unions are the most likely financial institutions to operate coin-counting machines for the public. These institutions often provide better personal customer service. Some banks that offer coin-counting services include PNC Bank and Chase Bank.
If you are looking to exchange your coins for cash without using a bank, you can use a Coinstar kiosk at a supermarket or grocery store. These kiosks allow fee-free gift card or donation exchanges, but there is a fee for cash vouchers.
Alternatively, you can purchase preformed coin wrappers online from retailers such as Amazon. These wrappers come in rolls of assorted sizes to accommodate different coin denominations, including quarters, pennies, nickels, and dimes.
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Coin counters in supermarkets
Coinstar kiosks provide a convenient way to turn loose change into cash or redeem it for gift cards or charitable donations. While some supermarkets may offer fee-free gift card or donation exchanges, redeeming coins for cash typically incurs a fee. For example, as of 2025, Coinstar charges up to 12.9% + $0.99 per transaction for cash redemption.
It is worth noting that not all supermarkets have coin counters, and it is recommended to call the store before visiting specifically for this purpose. Additionally, some banks still provide coin-counting services, although these are more commonly found in local community banks and credit unions rather than major national banks. These financial institutions may charge fees for non-customers.
For those looking to avoid fees, some banks provide free coin wrappers, allowing individuals to roll their coins and deposit or exchange them at a bank. However, not all banks accept rolled coins from non-customers, and it is advisable to check with local branches.
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Alternatives to coin counters
Coin counters are becoming less common, with many major banks discontinuing their use. However, there are still several alternatives for those looking to exchange their coins. Here are some options:
- Coin Wrappers: Most banks provide coin wrappers for free, regardless of whether you are a customer or not. These paper wrappers are colour-coded for different coin denominations, and each can hold 40 to 50 coins of 25 cents or less. While wrapping a large number of coins can be time-consuming, you can then bring them to a bank for deposit or exchange, usually for free if you are a customer. Some banks may accept rolled coins from non-customers, but this can vary.
- Local Community Banks and Credit Unions: These financial institutions are more likely to have coin-counting machines available for their members. Some may charge a fee for non-customers. Examples include JBT and Manasquan Bank.
- Supermarkets and Grocery Stores: Many supermarkets and grocery stores have coin-counting kiosks, such as Coinstar, which charges a processing fee of up to 12.9% for cash conversion. However, you can avoid fees by opting for electronic gift cards or charitable donations. The Florida-based grocery chain Publix has its own coin-counting machines, which may have lower fees.
- Retailers and Self-Service Checkouts: Some retailers, such as Home Depot, Amazon, and certain grocery chains, allow you to pay with coins at their self-service checkouts. This can be a convenient way to utilise your coins without incurring additional fees.
- Casinos: If you live near a casino, they may accept your coins for free.
- Third-Party Services: Certain banks, like PNC Bank, offer coin exchange services that include coin-counting options.
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Frequently asked questions
Yes, some banks do have coin counters. Local community banks and credit unions are the most likely to operate coin-counting machines for the public. However, major national banks like Chase, Bank of America, Citibank, Capital One, PNC Bank, and TD Bank no longer provide coin-counting machines.
It depends on the bank. Some banks only allow their customers to use the coin counters, while others may charge a fee for non-customers. For example, Ridgewood Savings Bank waives Coinstar/Coinstream fees for its customers, while non-customers are charged 9.9 cents per dollar.
This depends on the bank and the type of coin counter. Some banks require you to roll your coins, while others have coin-counting machines that can sort and count loose coins.
Yes, there are several alternatives. You can use a third-party coin exchange service or a coin counter at a supermarket or grocery store. Coin counters in supermarkets may charge a fee for converting coins into cash but typically offer fee-free gift card or donation exchanges.
You can try searching for local banks and credit unions in your area, as these are the most likely to have coin counters. You can also call your local bank branch to ask if they have a coin counter and whether there are any requirements or restrictions on using it.
