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(The Consumerist)   Coinstar makes big change on their Paypal deposit service   (consumerist.com ) divider line
    More: Followup, Coinstar, Paypal, coins, savings accounts  
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3327 clicks; posted to Business » on 11 Jun 2013 at 8:31 AM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



28 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2013-06-11 08:48:30 AM  
Apparently I married the only other person in the universe who has the patience to roll coins.
 
2013-06-11 08:50:04 AM  
It was quite a stunning realisation when it dawned on me that I could offload my loose change when using a self checkout machine at the supermarket. I've been making my way through my change jar and have spent about $80 in change that way. I should have thought of that sooner.
 
2013-06-11 08:53:59 AM  
I just go to my TD Bank and count it for free.
 
2013-06-11 09:20:18 AM  
I wasn't aware there still were banks that required coins to be rolled by their customers, what with the existence of coin-counting machines and all.
 
2013-06-11 09:23:43 AM  

Funbags: I wasn't aware there still were banks that required coins to be rolled by their customers, what with the existence of coin-counting machines and all.


What are coins?
 
2013-06-11 09:27:01 AM  
My bank lets me deposit coins in the coin counting machine for free. Is this not normal?
 
2013-06-11 09:31:10 AM  

atomic-age: Apparently I married the only other person in the universe who has the patience to roll coins.


I'd do that if there was any point to it.  Thanks to a few unscrupulous folks, retailers and banks around here will unwrap your coins and recount them making the whole exercise sorta futile.  Still, as long as they give amazon certs for free I'll use Coinstar once in a while.
 
2013-06-11 09:36:06 AM  
It's quicker to use the coinstar machine at the grocery store and get it all on an Amazon cert than it is to go to my bank, which I usually never do, use their machine, then wait in line to deposit it or get cash.  I'd never pay their ridiculous fees for any other coinstar services.
 
2013-06-11 09:39:39 AM  

atomic-age: Apparently I married the only other person in the universe who has the patience to roll coins.


I don't understand why anyone would do that. My credit union sorts coins and deposits them for free. My prior bank did too, years ago. And even if that were an inconvenient trip for me, the closest Coinstar machine to me is in a grocery store and you can get a slip back for 100% of the deposit that you can use on groceries.

I literally haven't known a reason to roll coins in well over a decade.
 
2013-06-11 09:54:20 AM  
My Coinstar machine, like most I imagine, is at my grocery store.  I can get a grocery store gift card from the machine for no fee.

So why are we biatching about the 9.8% stupid fee?

Oh right, Consumerist.

/Drew, I hope the Consumerist pays you well
 
2013-06-11 10:27:52 AM  
I love rolling coins, for some reason. Have to go well out of the city to find a branch of my bank that has a coin counter (or a safe deposit box, for that matter). Never bothered even looking at a CoinStar machine
 
2013-06-11 10:45:15 AM  

RumsfeldsReplacement: My Coinstar machine, like most I imagine, is at my grocery store.  I can get a grocery store gift card from the machine for no fee.

So why are we biatching about the 9.8% stupid fee?

Oh right, Consumerist.

/Drew, I hope the Consumerist pays you well


I feel the same way.  I usually opt for the Amazon GC, knowing that I'll eventually pick something up from there, or the grocery GC with the same mindset.  Both are no-fee transactions.
 
2013-06-11 11:14:40 AM  
Living in NV I just go to a casino and let them sort it out. On another note, has anyone else ever noticed all the seeds and stems that accumulate in the bottom of the Coinstar tray?
 
2013-06-11 11:20:52 AM  

Lost Thought 00: Have to go well out of the city to find a branch of my bank that has a coin counter


Living in/near DC, I bank at a pretty big institution here - at any given branch (probably 3/4 of them have the coin sorters), the machines are down about half the time. I went to 4 branches one day to find a working machine (after the second, I got smart. Had them call ahead to the next branch, but the damn thing broke while I was en route to #3). Free, but not convenient.

// CSB
 
2013-06-11 12:07:54 PM  
The coin counter at my credit union charges a small fee for non-members, waived for members. $33 in change. Working on filling up the jar again, but I rarely use cash.
 
2013-06-11 12:11:19 PM  

atomic-age: Apparently I married the only other person in the universe who has the patience to roll coins.


I did it as a kid, but now I'm happy to let the machine do the work and get some NO FEE Amazon gift cards.
 
2013-06-11 12:41:36 PM  
I do something that makes me seem strange in this world: I carry change with when I go out.

Yes, and 32 cents here and 7 cents there and 78 cents doesn't seem like much but at the end of the year I'm not losing 10 fricken percent.
 
2013-06-11 02:43:07 PM  
Ever since all the cafes in my area got Square, I haven't had to deal with change outside of the laundry room.
 
2013-06-11 03:17:10 PM  

skozlaw: atomic-age: Apparently I married the only other person in the universe who has the patience to roll coins.

I don't understand why anyone would do that. My credit union sorts coins and deposits them for free. My prior bank did too, years ago. And even if that were an inconvenient trip for me, the closest Coinstar machine to me is in a grocery store and you can get a slip back for 100% of the deposit that you can use on groceries.

I literally haven't known a reason to roll coins in well over a decade.


No fee to give you a cash slip?  Local Coinstars charge 8% if you want cash, but will give an Amazon certificate for free.
 
2013-06-11 03:35:47 PM  

RickN99: No fee to give you a cash slip? Local Coinstars charge 8% if you want cash, but will give an Amazon certificate for free.


That's what I meant. You get a slip you can take to the customer service desk and they'll apply it to a grocery store gift card with no fee (or, more specifically, I assume whatever fee there is gets eaten by the store instead). If I do the Coinstar thing that's what I always get because that's why I'm at the grocery store anyway.
 
2013-06-11 03:49:55 PM  
Do the machines take Bitcoins yet?
 
2013-06-11 05:15:37 PM  
The one time I used coinstar was during that few months where they let you charge up an itunes or starbucks cards for no cut.
 
2013-06-11 05:51:08 PM  
Chicagoans just pop several dozen quarters in duh Mare Daley parking meter kiosks to pay for an hour of parking.
 
2013-06-11 06:27:24 PM  

thisispete: It was quite a stunning realisation when it dawned on me that I could offload my loose change when using a self checkout machine at the supermarket. I've been making my way through my change jar and have spent about $80 in change that way. I should have thought of that sooner.


ive done this too.  It sometimes take a bit but its quite convenient.  just throw it all in, although I don't know what would happen if you threw in like, a hundred bucks for a bottle of soda, would you get a bunch of change, or would the machine refuse to take more that the total sale?
 
2013-06-12 12:25:27 AM  
I mean, why even RTO the tires? Just LEASE the tires. How long does a normal set of tires last anyway?
 
2013-06-12 12:26:51 AM  
thisispete: It was quite a stunning realisation when it dawned on me that I could offload my loose change when using a self checkout machine at the supermarket.

I cashed $800 worth of coins into a coinstar once.

// and much spending was done at amazon that weekend.

// now I clean out my coin sack once a year.
 
2013-06-12 12:29:50 AM  
JonZoidberg: It's quicker to use the coinstar machine at the grocery store and get it all on an Amazon cert than it is to go to my bank,

Too lazy to draw a Venn diagram, but imagine the parens are the circle boundaries.

((Times bank is open) Times I'm at work)
 
2013-06-12 03:49:19 PM  
I collect all my change in a big jar Then once a year I make it rain down at my local strip club. Strippers love it when you throw loose change at their ass.
 
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