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Free Ways to Exchange Coins for Cash

Many people have spare change lying around their homes or in their pockets that they would like to turn into cash. However, finding a place to convert coins for cash without incurring fees or losing out on their full value can be a challenge. Fortunately, there are several options available for people looking to turn their coins into cash for free. One solution is to bring your coins to your bank, as many banks offer free coin counting services to their customers. The process involves bringing your coins to the bank, having them counted, and receiving cash or a deposit into your account. However, some banks only offer this service to account holders, and there may be long wait times if the bank is busy. Another option is to use a retail store that offers a coin counting machine, such as Walmart or Coinstar. These machines count your coins for free and provide cash or a voucher to redeem cash at the store. However, some locations may charge a fee or have limited availability. In the next paragraphs, we will explore more options for converting coins to cash for free.


Many banks provide free coin counting services to their customers. Some banks may require people to sort their coins before handing them over. This service is convenient and straightforward to use. Simply visit the bank and have your coins counted, then receive cash or deposit the full amount or partial amount into your account. However, some banks impose restrictions:

  • Only account holders may use the service
  • The bank may allow transactions for a limited period only, often for a few hours a day or several days per week.
  • The bank might limit the amount of coins that you can cash-in per visit.

It’s wise to contact your bank ahead to ensure their coin counting service is free and available when you visit.

Retail stores

Retail stores offer several options for exchanging your coins for cash:

  • Coinstar – Coinstar operates self-service kiosks in grocery stores across the country. The company charges a fee of around 11.9% of the total coins counted. If people wish to avoid this fee, they could convert their coins into gift cards or donate the full value of the coins to charity.
  • Walmart – Walmart operates self-service kiosks in many locations. The fee is slightly lower than Coinstar, at around 10.9%. However, the cash received is limited to $1,000 per transaction.
  • Local credit unions – Many credit unions often provide free coin counting services to their members. Credit unions tend to offer this service because their members are their joint owners, so banks are not the only option for people seeking free coin counting services.

It’s important to read the fine print to ensure fees or limitations do not apply.

Do any banks count coins for free?

Yes, some banks offer coin-counting services for free. Here are a few options:

  • Coinstar: Coinstar kiosks are often located in grocery stores, and they offer coin counting services for no fee if you choose a gift card or eGift card as your payout option.
  • TDBank: TD Bank offers its customers free coin-counting machines, but non-customers will be charged a fee of 6% of the total value of the coins counted.
  • Chase: Chase bank offers coin counting services to its customers for free.

It’s important to note that not all banks offer free coin counting services. Be sure to check with your local branch or visit their website to find out if they offer this service and if there are any fees associated with it.

Charitable organizations

Donating your loose change to charitable organizations is an excellent way to get rid of your excess coins while feeling good about supporting an important cause. Here are a few things to keep in mind when donating:

  • Contact the charitable organization in advance to ensure they accept coin donations and find out what their procedure is. Some may require you to roll or sort the coins, while others prefer them loose.
  • Upon donation, ask the charity for a receipt, as this will help determine the value of your donation for tax purposes.
Organization Services Provided Contact Information
The Salvation Army Global organization providing social services and support programs
UNICEF Global humanitarian organization dedicated to promoting the welfare of children worldwide
Cancer Research Institute Directs funding for on-going cancer research

Charitable donations of coins can help organizations support people and communities impacted by disasters, poverty, serious illnesses, and environmental challenges.

How does fundraising help charities?

Fundraising is a crucial aspect of running a charity. Without it, many charities would struggle to survive and make a positive impact in their communities. Here are some ways fundraising helps charities:

  • Provides funding for programs and services that directly benefit the community
  • Raises awareness about the charity and its mission
  • Attracts new supporters and volunteers
  • Helps the charity maintain and grow its operations

If you’re interested in supporting a charity, consider donating to their cause or participating in a fundraising event. Many charities have websites or products that allow for easy online donations or purchases.

Online options

If you don’t want to visit a bank or retail store to exchange your coins, you can use an online service instead. Here are a few options:

  • Coinstar Exchange: You can use the Coinstar Exchange website to sell your spare coins for cash or an eGift card. They accept coins in denominations of 5 cents or higher and charge a 11.9% fee for their services.
  • National Currency Exchange: You can ship your coins to National Currency Exchange, and they will count them and exchange them for cash or deposit your funds into your PayPal account. They offer a 100% cash-back guarantee and charge a flat fee of $4.99.

These online services eliminate the need to physically transport and count your coins, but they do come with fees. Before using an online service, do some research to compare the fees and services.

Can I exchange my coins for cash?

Yes, you can exchange your coins for cash. Here are a few options:

  • Visit a local bank or credit union with a coin counting machine.
  • Use a coinstar machine located in grocery stores and other retail locations.
  • Check with your local Walmart, as they have coin exchange machines in some of their stores.
  • Some casinos and currency exchange businesses also offer coin exchange services.

Other options

If you’re looking for other options to convert your spare change into cash, here are a few more possibilities:

  • Vending machines: Some vending machines may accept coins as payment, so instead of spending cash, you can use all of your spare change.
  • Spending your coins: One of the simplest ways to get rid of your coins is to spend them. Many stores will accept coins as payment, and some even have a coin-counting machine that you can use to make a purchase.

While these options may not provide the most efficient way to convert your coins into cash, they are still worth considering depending on your circumstances.

What should I do with spare change?

If you have spare change laying around, there are a few things you can do to make the most of it:

  • Put it in a jar and save it up for a rainy day
  • Donate it to a charity box or tip jar
  • Use a coin counting machine at your local supermarket to turn it into cash
  • Use a mobile app like Acorns or Qapital to invest your spare change

If you’re interested in exploring investment options for your spare change, be sure to research the fees and features of each app to find the best one for you.


There are several ways to convert your coins into cash for free. Banks and retail stores are the most accessible options, but there are other possibilities as well, including online services and charitable organizations that will accept donations in coins. Ultimately, the best option for you will depend on your location, the amount of coins you have, and how quickly you need the money.

Before choosing an option, make sure to research any fees or restrictions associated with the method. And always double-check that you’re getting the full value of your coins!

How do I convert my coins to cash?

There are several ways to convert your coins into cash, including:

  • Visiting a local bank or credit union and using their coin counting machine
  • Exchanging your coins for bills at a retail location that provides this service, such as a grocery store or a Coinstar kiosk
  • Selling your coins to a coin dealer or collector

Several websites and apps, such as Coinstar and MyCoinsApp, can help you convert your coins to cash as well. Coinstar offers a coin counting service for a fee, while MyCoinsApp allows you to scan your coins and receive a cash value. Some banks also offer coin counting services through their mobile apps.


There are many options available when it comes to exchanging your coins for cash. From banks and retail stores to online services and charitable organizations, you’re sure to find a solution that suits your needs. By choosing the right option, you can avoid fees and make sure you’re getting the full value of your coins.

Remember to be patient, as some options may take longer than others to process your exchange. You may also want to consider rolling your own coins before bringing them in, to help speed up the process.

Overall, if you’re wondering “where can I change my coins for cash for free,” the answer is that there are many possibilities out there. Do your research, explore your options, and always read the fine print before making a decision.