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Been wondering about the best way to cash in coins and honestly there's more options than I thought. So apparently Americans are sitting on like $48 billion in loose change just hanging around. Wild right?
If you actually want to cash your coins, your bank is probably the easiest move - just call ahead and ask what their policy is. Some want them rolled, some have those fancy sorters. Chase, Bank of America, Wells Fargo, all do it. Fair warning though - if you're not a customer they might hit you with a fee.
There's also Coinstar machines everywhere (over 20,000 of them). You can swap coins for cash but they take 11.9% which is kinda steep. Better deal is their e-gift card option - that's free and you can use it at Amazon, Apple, DoorDash and other places.
Honestly though if you're trying to avoid getting coins in the first place, just use your card or phone wallet at checkout. Way less hassle than figuring out how to cash in coins later. Some people use Venmo or Cash App with friends too so no physical money involved.
Anyone else have a jar of coins just sitting there? Curious if people actually bother cashing them in or if it's just permanent clutter at this point.