OK, so the pocket-change jar is nearly full and my bank doesn't do coin-counting.
Has anyone heard about or used the coinstar machines? I hear that now there is no fee if you turn your change into an Amazon gift card. Just wondering how reliable the count really is.
They normally get about 8 or 9% of your change as their "fee", but with the Amazon offer, the fee is waived. I suppose Amazon is giving them a kickback of some sort. Check the Coinstar website for more details. www.coinstar.com
There is a Coinstar machine in my local ASDA (now owned by Walmart) its the only place I have ever seen them here in the UK. I used it just last week to weigh in the loose change and get some beers in before few mates came round to watch England get booted out of the world-cup. (Incidently Italy have just won it on penalties). You just dump your shrapnel in and it spits out a credit note minus a couple of percent. You have to spend it in-store on the same day though. Dunno anything about the Amazon offer.
I use it all the time cause i'm too lazy to roll my change. Its not a bad deal, takes like 5 minutes, they get 8% here. then I can cash it in at the customer service desk and get cash.
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go to a commerce bank and do it for free
I use it but last week I went to two different ones by my house, BOTH out of order. I was pissed.
-ash
Going to a backwater 1-teller bank has it's advantages I guess. 8% to 9% seems like a pretty healthy fee, especially considering you're expected to do the pouring. I just drag a bucket of change up the the teller window and let them handle the rest - for Free! :icon_mrgreen:
Now... About that free checking... :mad:
BTW: I calculated that 1 gallon of a "standard" mix of pocket change is worth about $438
My bank uses coinstar, and if you're a member, you don't pay any fee. Sounds like your bank sucks. New bank!