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Are there any Republic Banks by you? The Republic Banks here in South Jersey have free coin counting.
Also, you can get fee-free gift cards at CoinStar. That's the option I always pick. I tell it to give me an Amazon gift card (actually a code on a piece of paper, not an actual plastic card) and then go home and put the gift card number on my Amazon account. You can get gift cards for a bunch of stores. Again, there is no fee to do that. Here's the link to see what gift cards they have and you can click on the one you want to see where there is a kiosk near you that will let you trade your coins for that gift card:
Are there any Republic Banks by you? The Republic Banks here in South Jersey have free coin counting.
Also, you can get fee-free gift cards at CoinStar. That's the option I always pick. I tell it to give me an Amazon gift card (actually a code on a piece of paper, not an actual plastic card) and then go home and put the gift card number on my Amazon account. You can get gift cards for a bunch of stores. Again, there is no fee to do that. Here's the link to see what gift cards they have and you can click on the one you want to see where there is a kiosk near you that will let you trade your coins for that gift card:
I heard that if you belong to TD Bank and go to a Coinstar machine, the bank will reimburse you whatever amount of money Coinstar takes from you; apparently because they shut their machines down. It would be the least they can do, considering TD's Penny Arcade shorted people for years (why it shut down). Don't know if it's true, but it's worth asking.
Back in college I used to work for Commerce Bank (which was later acquired by TD Bank). I hated that Penny Arcade. It didn't generate any revenue and was just a nuisance to maintain. I know it shorted people at times, but I can also recall a few instances where it actually overpaid people.
Did not know that bout CoinStar regarding the gift cards for no fee. Nice tip.
Someone else here on C-D clued me in. I had been avoiding CoinStar for years because of the fee. Now I jingle all the way to the machine and Amazon likes me very much. LOL
Not all coinstar machines give gift cards. Some only provide you with the cash option for a fee. You can go on their web site and enter your zip code to see which of their machines dispense what. The one closest to me only dispenses cash and I'm not paying their 10.9% fee to simply convert my own money to paper currency. Google it and you'll find various media outlets have tested public coin counters including Coinstar and found they are mostly not accurate. It's not just TD Bank. And the amount they're off varies. One family got shorted over $40!
My solution? I'm buying my own coin counter/sorter. They have models that load the coin wrappers for you if you buy the preformed ones. Then you just bring it to the bank and exchange 100% of your money. My advice is to avoid the cheap ones and invest in a good commercial grade one if you want accuracy and no jams. I recommend the ones made by Cassida.
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