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Old 12-10-2009, 10:04 PM
 
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I know a lot of grocery stores and banks have those coin machines where you can dump your change in and turn the receipt in for cash...but they usually take a percentage of your money for the service.

Are there any free coin exchanges in the area?

We'd love to cash in our coins but the thought of sorting and counting is daunting! I'm not sure I'm ready to fork over 8% though either.

Thanks
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Old 12-10-2009, 10:46 PM
 
Location: Ellicott City MD
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Those machines will count for free if you take the money as a gift card for various businesses. The list is here: Coinstar : Our Products : FREE Coin Counting when you turn coins into a Card or eCertificate
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Old 12-10-2009, 10:57 PM
 
Location: Raleigh, NC
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Many (all?) State Employees Credit Unions have them--but of course you have to be a member (you turn them in for a ticket that you deposit). If you know someone who is a SECU member, see if they'll go in with you and do it, then pay you the money. If the member is there, they might just give them the cash instead of requiring deposit, but I doubt they would do it for non-members.

I KNOW the one near Stonehenge in N. Raleigh and the one on Centennial Dr behind Mission Valley have them.
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Old 12-11-2009, 06:43 AM
jhk
 
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5/3rd bank does if you have an acct with them
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Old 12-11-2009, 06:47 AM
 
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Go to the bank.
Ask for change wrappers.
Roll the coins.
Deposit.
Free.
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Old 12-11-2009, 09:44 AM
 
Location: Raleigh, NC
8,177 posts, read 10,795,785 times
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Quote:
Originally Posted by Keith Roe View Post
Go to the bank.
Ask for change wrappers.
Roll the coins.
Deposit.
Free.
I believe her whole point was that she didn't want to have to roll all that coin.
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Old 12-11-2009, 10:41 AM
 
Location: ITB Raleigh, NC
776 posts, read 1,068,967 times
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Not to mention in addition to rolling to coin, you have to write your account number on each roll. Then they just bust them and throw them into one of the machines anyway....
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Old 12-11-2009, 12:32 PM
 
Location: Cary, NC
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Coastal Credit Union has free redemption machines too. Membership required, but that's a GOOD thing! Credit Unions Rock!
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Old 12-11-2009, 12:54 PM
 
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SECU has the machines at all the branches I've used.

Great way to convert coins.
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Old 12-11-2009, 06:19 PM
 
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I work for a bank. If you roll change, DO NOT write your name and/or account number on the rolls. This is 2009, not 1979, protect your identity. Banks do not routinely "bust them open and place in machines."

If you have so much change that counting is truly daunting, ask your teller supervisor at your branch if she will allow you to do a special deposit for coin in which you place your coin in sealed bags (from bank) and they will send it out to the Fed. Reserve with their regular shipments. Some banks will do this for you free. You will not get immediate credit, when the Fed. Reserve tells the bank the amount of your coin, you will get a deposit in your account.
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