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If you’re getting ready for vacation, the holidays, or want to splurge without breaking your budget, the perfect go-to is to cash in coins you’ve been saving in your piggy bank or coin jar. Which means you’re wondering, where can I change my coins for cash for free near me?

If you’re using cash envelopes to budget, you’ll have a lot of coins. (Like, a year’s worth of mortgage payments worth of coins.) There are plenty of options to try to cash in coins for free without paying a ridiculous service fee. These are the best places to take your spare change and walk out with dollar dollar bills, y’all.

Not to mention – since COVID has struck, we’re in a coin shortage here, people. It’s a good idea to cough up your own coins and get rid of that small change, especially if you don’t want to have to physically hand it to a clerk next time you’re at the grocery.

What banks have free coin machines?

When looking for where can I exchange coins for cash, I found out that each bank varies so much that you need to call ahead to make sure you’re not wasting your time. Even between branches of the same bank, you can find differences in their policies.

When you call ahead and talk with the bank teller, here’s what you should ask about making coin deposits:

  1. Do they have a coin counting machine near me?
  2. Is it a free coin counting machines near me (or do you charge a small fee for me to haul all this across town)?
  3. Are coin deposits only allowed for account holders at that particular bank?

If your local bank doesn’t have a free coin counting machine, you can ask if they’ll accept rolled coins. Again, if this is the case, ask:

  1. Is there a fee?
  2. Do you need to be a member to bring in rolled change?
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Usually, banks without a coin counting machine near me will accept rolled change. However, don’t bank on it (see what I did there?).

A lot of national banks have gotten rid of their coin counting machines altogether, including Bank of America, BB&T, Capital One, Citibank, Chase, PNC Bank, TD Bank, and more. For the best experience, your best bet will be to look for coin counting machines at community banks and credit unions that cater to small businesses.

If you choose to roll your coins, you can try cashing in small amounts at various banks. Again, the policies will vary so always call ahead before you lug your mountain of change in and risk hurting your back for nothing!

Consider Opening an Account

Depending upon how much change you have and how often you need to exchange it, it could be worth it to open a savings account with a bank that accepts loose change.

While fewer people might opt for this, if it saves your time and energy and you get to avoid fighting with coin wrappers, go for it. Just be sure that they don’t charge any monthly fees and don’t need a minimum amount in the account to keep it open. Those items could negate any advantages of opening and using the account.

Where can I cash in change for free?

BankNeed to be a CustomerAccepts Coins or RollsFeeUS BankYesCoins, not rollsNo feeWells FargoYesCoin rollsNo feeBank of AmericaYesCoin rollsNo feeCitibankDepends on stateCoin rollsCharges fee at different locations; call for more infoCredit UnionsYesVaries; call aheadVaries; call aheadLocal BanksVariesVaries; call aheadVaries; call ahead

Where to Get Coin Wrappers

If you’ve found a local bank or credit union that will take your rolled coins, ask them for paper wrappers. Most banks will give free coin wrappers to just anyone, whether they’re a member or not.

If you can’t find a bank that gives coin wrappers out for free by some weird twist of fate, you can always hit up a Dollar Tree or Dollar Store for them. While it’s an additional cost, it shouldn’t be much.

Dollar Stores sell them in packs of 36 for a dollar. Plus, they’re the nicer ones that have that are round and not flattened, so they’re much less difficult to fill.

Other Free Coin Counting Options

Get your Kids in on the Action

When I was in high school, my parents owned a vending machine business. Before they bought a coin counter for use at home, my siblings and I would count and roll the change.

I didn’t mind it, but it was time-consuming. And, my parents didn’t pay us, so I guess you could say that that’s another free option. Make it into a game and have your kids roll your loose coins. Or, offer them a percentage of the take for their help. You can also find plastic coin counters that will help speed up the process and make rolling the change from the change jar even easier.

Try Visiting the Casino

Some casinos will take coins at the cage, no questions asked. You might have to dump your change into one of their coin cups, but they’re usually lying around everywhere anyway. Just make sure you don’t end up turning around and spending it on the slot machines!

What to do if You Can’t Find a Bank that will Accept Change

With fewer and fewer banks accepting change these days, there are alternative free ways to exchange coins for cash near me. The best way is to use coin machines known as Coinstar.

Coinstar’s coin-counting machines are in the lobbies of various groceries, retail stores, drug stores, and even some banks.

Currently, Coinstar’s fee is a painfully whopping 11.9% if you want to cash out your coins for paper money. Ouch.

However – don’t despair. Coinstar is free at stores like Walmart if you choose the e-gift card options that allow you to avoid that fee. The gift cards are for popular places, so you don’t have to worry about getting stuck with a card you’ll never use.

The best part about using Coinstar? It’s the easy way to get your coins counted, without having to do it yourself. To use Coinstar, throw your change into the Coinstar machine, and sit back as the machine counts your change. Then, once your coins are processed, you’ll be given the following options:

  1. Cash-out and get paper money (which will include Coinstar fee)
  2. Choose an egift card that will print out on paper (no fee – your best option)
  3. Apply your amount to your Amazon Balance (you can use this instead of a debit or credit card at Amazon)
  4. Donate your change to a charity (Coinstar has several different charitable donations that you can directly donate to through their machine)

If you choose the second or third option, you will be able to change your coins for cash for free. The following gift card options should be available at any Coinstar locations:

Gift CardMinimum AmountMaximum AmountAMC Theatres$10.00$100.00Amazon.com$5.00$1000.00Applebee’s$5.00$500.00Cabela’s$5.00$500.00Chili’s Grill & Bar$5.00$100.00Domino’s$10.00$100.00GameStop$5.00$500.00Gap (can be redeemed at Gap, Old Navy, Banana Republic and Athleta stores)$10.00$500.00Hotels.com$10.00$500.00IHOP$5.00$200.00Lowe’s$5.00$1000.00Nike$5.00$500.00Regal Cinemas$5.00$100.00Showtime$25.00$200.00Sephora$10.00$500.00Southwest Airlines$25.00$500.00Steam$10.00$100.00The Home Depot$5.00$2000.00iTunes$5.00$500.00

Coinstar Locations

Luckily, your local store often has a Coinstar. Some of the stores where you can find Coinstar include:

  • Acme
  • Albertsons
  • Cash Wise
  • City Markets
  • CVS
  • Food 4 Less
  • Food Lion
  • Foodland
  • Giant Eagle
  • Harris Teeter
  • Hannaford
  • H.E.B.
  • Hy-Vee
  • Jewel
  • King Soopers
  • Kmart
  • Kroger
  • Lowe’s
  • Meijer
  • Pavilions
  • Ralphs
  • Safeway
  • Shop ‘N Save
  • ShopRite
  • Target
  • Tesco
  • The Food Emporium
  • Tom Thumb
  • Vons
  • Walmart
  • Winn Dixie

While this is in no way an extensive list of all of the CoinStar locations, you can quickly find the store locations by using the locator on the coinstar website here.

Coinstar Alternatives

Strangely, it’s nearly impossible to find any Coinstart competitors, possibly due to consumers moving away from using cash.

The only Coinstar alteratives I could find were financial institutions, and they seem to be handling coins to cash less often.

Other Ideas for Your Spare Change

Make sure to keep change with you and use it at self-checkout kiosks. There are still a lot of places where you can use quarters to make a purchase, like air machines for tires, candy machines, vending machines, and the like.

Donate it.

There are always many opportunities where you can drop some change for charity. Think Salvation Army at Christmas or the change jars at checkout counters. Coinstar also has an option to donate your change to charities when you cash it in.

Coinstar’s available charities will vary by the machine’s locations, but they can include:

  • American Red Cross
  • Children’s Miracle Network Hospitals
  • Feeding America
  • Leukemia & Lymphoma Society
  • The Humane Society
  • Unicef USA
  • United Way
  • World Wildlife Fund (WWF)

Make some art or gift your coins to someone else.

When I was in high school, my grandma went through a phase where every present she gave us was a piece of art made out of change.

She did all sorts of crazy designs by arranging and gluing down change to cardboard and using bills folded into various shapes. (I’m pretty sure it took me longer to pick the coins off and soak the glue off than it did for her to come up with a design and create it though!)

While you don’t have to be crazy creative to gift your change, it’s one way to get rid of it and give a gift at the same time. Two birds with one stone, right?

Now that you know your options for cashing in your coins, make sure to use them for something good – like debt payoff, a vacation, building an emergency fund, or adding it to Dave Ramsey sinking funds. While a lot of people don’t think that coins can add up to much of anything, you’d be surprised how much all that change can help you out!

Did I miss any places where can I change my coins for cash for free or your favorite coin exchange machine near me? If so, let me know in the comments below!

A forty-ish web designer/developer by day, a budget & financial fanatic by night. I’m a mom, wife, avid reader, and DIY enthusiast who’s tracking our journey to debt freedom. Read More

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Last updated on January 08, 2021

If you happen to handle a lot of cash on a daily basis, then you need a money counting machine. The machines usually help count money fast and accurately saving time and unwanted errors. You need a high-quality machine that will ensure minimal errors saving you from countless losses. To help you choose the best money counting machine, we’ve come up with this comprehensive guide. In this post, we’ve reviewed the ten best money counting machines on the market. These are the top-rated machines on the market that will count fast and accurately. They are tested machines that can be relied upon every single time.

Don’t just buy any machine you find on the market when you can choose from a narrowed list of only ten. We’ve carefully selected the machines based on features we will discuss with you shortly. First, go through our ten picks below and make sure you find one that suits your job.

Table of Contents

10. Kolibri Money Counter with UV Detection and 1-year warranty

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This is a top-rated machine and one of the best picks to get money counting done fast and efficiently. It is a quality machine with UV detection to easily detect all types of notes. This machine can count up to 1000 bills per minute saving you time. The construction of the machine is the durable metal for long-lasting use. It features a straight path bill to ensure minimal jams when counting. It is a great machine that is easy to clean and maintain. Overall, users will not face any problems using it. There is an automatic start, stop and error clearing functions to make your money counting process easy and effortless. It is also a compact and robust design that will offer you good value for your money.

Pros

  • Easy to use
  • Fewer money jams
  • Compact and robust design
  • Fast counting

9. Goplus Money Counter Worldwide Bill Counting Machine Detector

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Buy Money Counting Machine

This is an accurate counting bill with a 13-piece rubber wheel for efficient and accurate money counting. It is a pretty simple machine that will count your notes without any addition or deduction. It features the MG and UV counterfeit detection to help detect fake notes with ease. This machine will count up to 900 notes per minute making it quite reliable for small business to keep their cash records straight and avoid losses. It operates quietly and will not cause any noise pollution in the work area. The machine features a user-friendly design and will easily count huge stacks of cash. It features dustproof sensors that allow for easy cleaning and maintenance of the machine. Overall, this is a versatile machine suitable for several currencies worldwide. It also comes with a satisfaction guarantee so that you can buy with confidence.

Pros

  • It is a durable and portable design
  • Counts notes of all currencies worldwide
  • Quiet and efficient operation
  • User-friendly design

8. EOM-POS Money Counting Machine

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The EOM-POS is another top-rated money counting machine with an intuitive design for easy use. It is a fast counting machine for big business. The machine can count up to 1000 bills per minute making it reliable and efficient. It is a great way to save time counting money. You can count your money without any worries as it features magnetic, UV and infrared counterfeit detection. You will be alerted of fake notes in the stack. This is a well-designed counting machine with a built-in handle for easy carrying. It also features an overheat protection to avoid damage when counting for long periods. You will not need to feed notes in this machine but simply lay them on the tray.

Pros

  • Built-in carrying handle for easy carrying
  • Intelligent design
  • Counterfeit detection features
  • Fast counting speeds

Cons

  • You need to wait for a second or two to straighten the money before counting starts

7. HFS Bill Money Counter Worldwide Currency Cash Counting Machine

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This is another top-quality cash counting machine with a self-diagnosing feature. The machine will automatically diagnose itself at every start to ensure everything is working smoothly. It is a pretty versatile machine that can count dollars, Euros and the new 100 dollar bill. This machine will count up to 900 notes per minute helping you save precious time and avoid errors. It is a perfect fit for use at banks and other business where money counting is done on a daily basis. There are dual counterfeit protections in the form of magnet and UV. A further external display monitor for the customer helps keep track of the counting process.

Pros

  • Fast counting speeds of 900 notes per minute
  • Versatile and can count dollars, Euros and the new 100 dollar note
  • Self-diagnosing feature during startup
  • Dual counterfeit detection

6. Money Ultra Elite w/Fast Count- UV/MG/IR Counterfeit Bill Detection

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This is a premium quality money counting machine with high-quality counting and craftsmanship. It is a top quality machine that can run up to 6 hours continuous counting over 1200 bills per minute. This is a reliable machine for business or persons with huge junks of cash that need daily counting. The machine can save you pretty much time. It operates quietly at 60 decibels making it a great pick for business areas that require low noises. Overall, the design of the machine is user-friendly with a LED display to show you the amount counted. It also features an energy saving mode to preserve energy when not in use. Fake bills can easily be detected through UV, IR, and MG. You can buy this machine with confidence and get 45 days satisfaction guarantee.

Pros

  • Very powerful and counts up to 1200 bills per minute
  • Multiple counterfeit detection methods
  • User-friendly design
  • Quiet operation

5. ZENY Currency Cash Bill Counter Automatic Money Counting Machine

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This is a high-efficiency energy saving money counting machine that can work continuously for up to two hours. This machine can count up to 999 bills per minute. It is a great way to avoid errors and save time counting. You can set it on a power saving mode when not counting to preserve energy. Overall, this is an accurate and precise machine with 1/100000 counterfeit detection rate. You can be sure all the bills and all counted without any errors or counterfeits. It also features a user-friendly design with an easy to read LED display. There is also a self-testing ability to ensure the machine is running smoothly.

Pros

  • Fast counting speeds
  • Quiet operation
  • High efficiency
  • User-friendly design

4. Bank Grade Bill Cash Counter by Carnation

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This is a bank-grade quality bill counting machine with a compact user-friendly design. The machine features intuitive features making it quite easy to use. There is a crystal clear LCD display for easy notes reading. It also features a hopper with a capacity of over 500 bills. The machine features 5 advanced actions for commercial purposes. It features the count mode and add mode allowing to count and add batches pretty fast. This is one of the best machines out there for accurate money counting. It also detects counterfeit bills though MG, IR, UV and dimension conformity. This way, all bills counted are authentic. Overall, this is a large capacity counter with fast counting speeds. It is a great buy and one that comes with a one year warranty.

Pros

  • Fast counting
  • Large capacity]
  • Great counterfeit detection methods
  • Advanced add function for commercial use

3. New Silver by AccBANKER S6500 Cash Counter Money Counter Machine

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The New Silver is a fast, reliable and versatile money counting machine ideal for mixed denomination bills. It is an easy to operate machine that can help you count money fast and obtain the total figure fast. The machine features the counterfeit detection methods in the form of MG, IR, UV, DD, and MT. The great combination of counterfeit detection helps authenticate all the bills counted. Overall, this machine can be relied upon to count a wide range of currencies ranging from the dollar, Euro, pound and Canadian dollar. It is a great choice that remains highly recommended with great reviews.

Pros

  • Can count mixed currencies
  • Fast and reliable
  • Versatile and easy to operate
  • Great counterfeit detection

2. KKmoon Automatic Multi-Currency Cash Banknote Money Bill Counter

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The KKmoon is a desktop bill counter with a compact and stylish design for easy use. The machine features an LCD screen for easy display of the counting information. It is a great choice equipped with both the magnetic and UV counterfeit detection. This is a pretty versatile machine supporting almost all currencies in the world. It also features the add function to give you the total of all the bills counted. You can easily set the target figure, and the machine will count stopping at the target figure. Overall, this machine is a great choice that will work with all kinds of notes whether they are old or new.

Pros

  • Works with all note types whether new or old
  • Supports all currencies
  • UV and magnetic counterfeit detection
  • Add function to accumulate all the bills

1. Knox Cash Bill Counter with Counterfeit Detection

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The Knox Cash Bill is our final choice with quick and accurate bills counting. The machine is quite reliable with only 1/1000000 chance of missing a counterfeit. It can count up to 1000 bills per minute with the hopper capable of holding up to 130 stacks. You can easily count batches and add with ease helping you save time. The triple counterfeit detection of UV, IR, and MG ensure all bills counted are genuine. It also features a LED screen for easy reading of the counted bills. Overall, this is a very convenient machine with a folding handle to increase portability. It also comes with a soft bristle cleaning brush and 3-inch power cord. You also get a one year warranty for worry-free buying.

Pros

  • User-friendly LED display
  • Triple counterfeit detection
  • It counts batches and adds
  • Quick and accurate

Things to consider when buying a money counting machine

When buying a money counting machine, there are several factors to consider to ensure you get the best quality possible. Some of the main factors to consider include:

Counting speed

You need to choose a machine with the right speed to suit your counting needs. For individuals with a lot of notes, then a machine with fast counting speeds is recommended. Generally, you need to choose a machine that can count a minimum of 1000 notes per minute. You need to get a machine with good speed and great accuracy rates. However, if you have a few notes to count, then a machine with low speeds can do.

Capacity

The machine capacity is another important factor to consider when buying a money counting machine. Some machines can only count stacks of 50 at a time when others can count more. The right machine depends on the amount of money you need to count on a daily basis.

Counterfeit detection

Look for machine with UV, infrared and magnetic detection to help you detect counterfeit notes with easy. Make sure you choose machines with a combination of methods to ensure no counterfeit note is counted.

Noise levels

Lastly, you need to consider the noise levels of each machine before buying. Nobody wants a machine that will be too loud around the work area. Make sure you choose a machine with a maximum of 60 decibels noise level. Anything beyond this will be too loud in the work area and might affect the working conditions.

Conclusion

These are the best money counting machines on the market currently to get you counting your money fast. The machines are pretty accurate and count almost all types of notes with minimal jam. They are easy to use and will definitely offer you great value for your money. Go right ahead and make sure you don’t make any losses counting your money manually. It is time you started to be accurate and fast by getting a money counting machine.

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