PSA: change is inevitable?!....looking to get rid or your spare change....??

[NewtonMP2100]

.....banks used to be more friendly with coinage but not as much.....

.....TD Bank had free penny arcade coin machines to count change but they have to remove them in May 2016 due to law suit about a customer claiming the machine short changed him [ service was free for customer but fee for non-customers ]....

.....Coinstar charges fee if you get money back but if you get gift certificate [ Amazon ], sometimes free...

......seems like going back to rolling coins......most banks will give you free coin wrappers but you have to be a customer to 'cash' it/deposit it.....JP Morgan Chase seems to be most generous with non-customers who want to exchange coins for bills.....


Coin-Counting Machines Still Exist: Which Banks Have Them?

.....Remember the days you could take your piggy bank full of coins to the local savings institution and have them counted out for crisp bills or deposit. Fortunately, those days aren’t entirely gone. MyBankTracker has identified a handful of banks still offering this service, although there may be a small fee. In that case, we also show you other ways to convert your coins for free.

Which banks still have coin counters?

Some big banks continue to provide coin-counting machines to customers and to non-customers. Many smaller community banks and credit unions are also likely to have coin-counting machines.

PNC Bank and BB&T still have these machines in many of their branches, but not all. For customers, it should be no surprise that the service is free, with the exception of BB&T. For non-customers, however, there is a definitely going to be a fee that’s equal to a percentage of the coins counted. (UPDATE: Capital One removed coin-counting machines from all branches by early 2016. TD Bank removed its popular Penny Arcade coin-counting machines from all branches in May 2016. PNC Bank began to removing its coin machines in Spring 2016.)

Now, you might be comparing the coin-counting fees at banks to the fee for using Coinstar machines, which are often found in U.S. supermarkets. Coinstar charges a fee of 10.9 percent if you want the coins converted to bills. If you just want cash from your coins, banks are the cheaper option. But, as mentioned above, if you convert those coins into branded gift cards through Coinstar, it is completely free (see other ways to avoid Coinstar’s fee).

Coin-counting machines are costly for banks to operate and maintain — it’s why banks charge you to use them. Meanwhile, people are using the machines less because they’re more likely to use debit and credit cards instead, which means cash is not being exchanged.

Roll your mountain of coins before you hit the bank
Don’t want to pay a fee for coin counting? Don’t worry.

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

Coin wrappers are paper wrappers that come color coded for different coin denominations. Each wrapper is used to roll 40 to 50 coins in denominations of 25 cents or less. Wrappers do exist for 50-cent and one-dollar coins.

If you’ve got a lot of coins, it could be a time-consuming task to stuff them into the wrappers. Once you’ve rolled the coins, just bring them to the bank for deposit or exchange. For customers of the bank, it is free. For non-customers, it’s not as simple — read below.

Banks that exchange coins for free

Although every bank will give out free coin wrappers, not every bank will accept your rolled coins if you are a non-customer.

Chase Bank happens to have a rather generous policies for non-customers, who can exchange up to $200 in coins as long as they’re in coin wrappers. If you’ve got more than $200 in coins, there’s a simple trick: just visit multiple Chase branches.


advice if you have spare change that you would like to get rid of/deposit.....?!