Comments on: Weekly Roundup – Coinstar Bonus Edition

By: Adam

Adam — Tue, 01 Dec 2009 15:41:10 +0000

My credit union has a coin machine in the lobby that works like Coinstar. Two differences:

1) It gives a slip of paper and you take it to the teller to get your cash (or deposit in your account).

2) It DOES NOT charge you a fee.

By: Lawrence @ CRB

Lawrence @ CRB — Fri, 27 Nov 2009 15:40:54 +0000

I love these coin machines. Well, not all of them. Most charge a fee. The one at my credit union doesn’t charge a fee and couldn’t be more convenient.

By: fairy dust

fairy dust — Fri, 27 Nov 2009 04:31:04 +0000

I’ve been trying to take advantage of this Coinstar deal, but so far the machines near me are — I guess — all full, they all say they can’t take my change and to come back later. Hope they get cleaned out before the 12/6 deal deadline I love trading in my change for amazon.com ecerts (and no fee)!!

By: Jeremy

Jeremy — Thu, 26 Nov 2009 22:16:16 +0000

Wow, it’s normally a 8.9% fee…I never knew all that. I have always seen those machines and while they look fun to play on, I don’t believe I have ever dropped a dime in one. I like the idea, and it works will with people in a hurry.

Thanks for yet another great tip and information frugal dad!

By: Frugal Dad

Frugal Dad — Thu, 26 Nov 2009 19:39:45 +0000

@Nicolas: That’s just it; if you redeem your coins for a gift card, rather than cash, Coinstar does not charge the 8.9% fee normally assessed when converting to cash.

By: Evan

Evan — Thu, 26 Nov 2009 17:08:39 +0000

This is most certainly helpful. It’s also a great way to get rid of choking hazards.

By: Nicolas

Nicolas — Thu, 26 Nov 2009 15:21:06 +0000

I am bit confused by your use of Coinstar machines as they charge a very high % of the money you put in. It would seem to me that Frugal does not rhyme with Coinstar.

By: Linsey Knerl (Wise Bread)

Linsey Knerl (Wise Bread) — Thu, 26 Nov 2009 15:14:45 +0000

Thanks for the inclusion! Have a Happy Holiday