Does Walmart Have Coinstar
Does Walmart Have A Coinstar?
Walmart has Coinstar Kiosks located in the front section of most stores, next to the check-out counters. When using a Coinstar Kiosk at Walmart, customers will be charged an 11.9% fee which can be avoided when selecting the “free gift card” option. The limit for coins accepted is $2,000 in one transaction.
Read on to find out more about Coinstar machines in Walmart!
It will count your coins if you don’t overload it. Only feed the Coinstar machine a limited amount of coins.
After all your coins are counted you will receive a receipt with the coin value on it. Take this printed receipt to the counter at the Customer Service and get the cash value of your coins.
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Will Walmart have a Coinstar in 2023?
Yes, Walmart Does have a Coinstar Kiosk in most store locations in 2023.
Coinstar Kiosks are available in most Walmart stores. They are located near the checkouts and usually at the entrance to Walmart.
A fee of 11.9 percent will be charged to customers when they use a Coinstar Kiosk.
These fees can be avoided when you choose the “free gift card” selection.
The maximum number of coins that can be accepted per transaction is 2000 USD.
Continue reading to learn more about Walmart’s Coinstar machines!
Does Every Walmart Have A Coin Machine?
Coinstar machines are generally found in most stores, but not in all Walmart locations. By typing their zip code into a computer or mobile device, customers can find Coinstar machines near them.
Coinstar’s service tool allows customers with smartphones and computers equipped with special software to find the Coinstar machines closest to them. They can do this by typing in their zip code.
It may be possible to find out if the Walmart store that they are shopping at has a Coinstar machine.
Coinstar is useful if there is a Coinstar machine in your neighborhood, but unfortunately, not all people are fortunate enough to have one. Many other convenient alternatives are available. If there is no Coinstar machine at a store near you, visit a local bank or credit union.
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You could visit a bank or credit union in your area. It may cost you extra money if you are not a member, but it’s usually free. Sometimes you may have to pay an additional fee if you are not a member, but usually, it’ll be a one-time payment.
Using A Coinstar Machine At Walmart:
Using a Coinstar at Walmart is a convenient way to turn your loose change into cash or a gift card. Here’s what you need to know about using Coinstar at Walmart:
Coinstar Faqs
Current fees are up to 12.5% plus $0.50 per transaction. Location-specific fees may apply.
Technically, no. Although they do charge fees, you can get the eGift cards free of cost minus a $0.50 transaction fee. You can find the retailers here.
Coinstar has machines (they call them kiosks) located throughout the United States. Use our tool to find one near you. Many are located in Walmart and grocery stores.
Coinstar is a popular coin-counting machine that we wanted to let people know about. I’ve used them many times in the past, but always hated paying them to process the coins.
Well, after looking around, I was able to find a way to get them to process my coins for free and it’s not illegal. This is part of the system. You don’t receive your coins in cash but rather in another form. You can save money by skipping the Coinstar fees.
CIT is a great bank. They make it easy for us to earn interest, and keep their rates competitive. Accounts can be set up in a matter of minutes, and the customer service department is very helpful. This bank is the best for saving money because it requires a small initial deposit.
It used to be difficult to locate a machine that would accept my large amount of coins. Only a handful of machines were available. Now when I look for Coinstar near me, I find them in so many places, including most Walmarts. This makes it easy to deposit coins, outside of paying that 12.5% processing fee.
Coinstar Fees Can Be Avoided
Note, you can’t bypass the $0.50 transaction fee.
Coinstar mentions it in their Help Center (under the Help Center).
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Is there a charge to use a Coinstar kiosk?
Not all Coinstar kiosks provide all of the gift cards listed in the table below. The retailers are often updated and some of them only offer one retailer, like Amazon.
Check out the post that has been the most read on our blog about how you can save money when you buy Amazon Gift Cards.
Update: Coinstar has added some electronic cards back to the mix. This is the updated list.
Coinstar has provided instructions on how to get an electronic gift card at their kiosk.
Coinstar also has added options to the kiosk for donating your coins to charity. Their list is quite small, but at least there are some options there. This means you will not be charged a fee for using the machine and all your money can go to charity. This could be a great way to teach children about giving. Currently, Coinstar only has seven (7) charities on their list. These include:
You can click on each foundation to see where the donation option is located. You can go to their charity page and click each foundation to see where that donation option is available.
Coinstar decided to charge charities a fee, which means you don’t really get anything anymore. They charge 10% processing fee for national charities and 7.5% for regional charities. They are not able to donate your coins completely free of charge.
*Update – A kind reader took the time to comment regarding Coinstar and Walmart. Use their coin counters and receive a Walmart receipt. If you enjoy shopping at Walmart, this is a great way to do it.
How Much Does Coinstar Take?
For the convenience, a Coinstar charges a fee. This can add up if you have a large number of coins to cash in.
Let’s assume that you own $100 in coins. When you use the Coinstar machine, you will receive a voucher for $88.09.
This fee covers the maintenance of the machines as well as the time it takes to count the coins. This fee also explains why coin counter machines are typically located in areas with high traffic, like grocery stores.
It can be frustrating to pay Coinstar fees, but keep in mind that you are likely saving a lot of time by using the machine. Most banks will require that you have your coins rolled and counted before using the machine.
The cost of coin counting has also increased as people are less likely to have cash or change on them. Cashing in coins will get more and more costly as we move toward a digitalized economy.
While there are fees associated with Coinstar machines it is important to consider the pros and cons of each before making your decision.
In some cases, it may be worth paying the fee to save yourself time and hassle. In other cases, you may want to avoid the fee by taking your coins to the bank.
It really depends on your personal preference and situation.
Finding Coinstar Machines At Walmart:
Coinstar machines can be found near customer service, or near the checkout. However, the exact location may vary depending on the store layout.
You can search nearby Coinstar machines using the Coinstar mobile app or website. The website also provides a map of Walmart locations with Coinstar machines, so you can easily find the nearest one to you.
You can ask an associate at Walmart for help in finding the Coinstar machines. They should be able to direct you to the machine or point you in the right direction.
Is Coinstar Free At Walmart?
Unfortunately, using this Coinstar at your local Walmart isn’t free. These kiosks are located at most major Walmarts, so they are often times more accessible than banks or local credit unions.
The fee is the same as it would be at any other location, a processing fee of 11.90%. You can avoid this fee, however, by selecting the e-gift card option and using your coins towards another purchase.
At this time, there is no redemption option to use your Coinstar gift card for Walmart purchases, even though the kiosks are located inside the store.
Coinstar may offer this in the future. For now, you will have to select a retailer other than Coinstar if you wish to be able to spend your coins without paying any fees. Amazon currently offers the nearest option.
Getting Crypto At Coinstar
You can turn your coins into crypto with Coinstar’s new partnership with Coinme.
If you are looking for an online Coinstar kiosk that exchanges gift cards, be sure to look at the “Coinstar Bitcoin Atm” option. Not all Coinstar machines offer this. (When I searched my area, only three of the five machines were listed as a Coinstar bitcoin atm.
What is exactly crypto? Cryptocurrency is a digital asset whose name derives from the complex encryption surrounding all transactions associated with it. Additionally, cryptocurrency is decentralized, unlike traditional currencies, which are managed by a central authority.
It’s still fairly new, with Bitcoin being the first on the market in 2009. Many people believe crypto is the next best thing, while others call it gambling. Whatever way you go is fine; just be sure you’re comfortable with it before changing your coins for crypto.
You can…
Each crypto purchase is subject to a 4% transaction fee and an exchange fee up to 11 %. This is the info on their website, and they do say “fees may vary.”
At the Walmart Coinstar near me, the screen said there was a 4% transaction fee and a 7% exchange rate fee, so cheaper than the website mentioned.
You will need to enter your Coinme phone number at the coin machine. Then, follow the instructions.
What is the Coin Machine at Walmart?
Coinstar machines are easy to use and fun. The machine comes equipped with a wide metal tray where you will gradually pour your loose change. The tray has a handle where you can lift the tray and begin pouring the coins through a thin slot into the machine.
The coins are mechanically counted and sorted as they enter the machine. You can see your total change on the screen as it counts.
Once you have poured in all of your change, the machine will take a few seconds to catch up. The machine will sort your coins and ask if there is any additional change.
Follow the instructions on screen to choose the method you would like for your money.
