Unload your coins at Coinstar

Posted on

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I have this weird obsession of collecting my change in a big plastic container. But once it is brimming at the top and needs to be converted into paper bills instead of counting it, myself, I take it to Coinstar and let the machine do all the work for me.

The last time I used Coinstar I redeemed over 2800 pennies for a $28 ecertificate to Amazon. That doesn’t seem like a lot of money but I wasn’t even going to consider the alternative. I loathed the thought of sitting, counting, and rolling that many pennies. For me it was the easiest and quickest way to turn change into something more valuable.

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If you choose to receive cash as your pay out, the service fee is 9.8 cents per dollar but if you choose an ecertificate there are no fees.  Ecertificates include shops for, Amazon, Old Navy, Lowes, JCPenney, Starbucks, Toys R Us, and much more.

Here is a picture of a random freebie I received from Coinstar about one year ago. It is a felt bag to throw your lose change in encouraging you to take it to one of their machines. I use it to keep my bills in it until I am ready to pay them.

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Here is a link to their site where you can find Coinstar locations closest to you, and look at a list of retailers partnered with Coinstar.

https://coinstar.com/

As an aside, I have read articles from economists who predict that not so far in the distant future, coins and paper bills will be obsolete. Coins in particular can be cumbersome to carry around but even more so, paper bills are filthy and can carry bacteria that can potential harm handlers who come in contact with them. I wonder what will be come of Coinstar? Thoughts on this subject?

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