I was looking for Coinstar Exchange Machines near me because I had a few gift cards I needed to exchange. Over the holidays, did you get any gift cards that you weren’t too excited about?
Looking to find a way to get rid of them and exchange them for cash? Tired of holding onto all that plastic that you KNOW you will never use?
Coinstar Exchange kiosks—not to be confused with regular Coinstar kiosks—scan your unused gift cards with at least a $20 balance on them and offer you a price for your gift card after taking a fee for their service.
Great news, right? Coinstar Exchange has machines all around the country that allow you to trade in your gift cards in exchange for money. So, I no longer have to be stuck with Home Depot cards if I’m not in the market for any home renovations.
As an added bonus, my family won’t get mad or pass judgment when I make the return. I can just go about my business, swap cards for store brands that I like, and move about my day.
How To Find A Coinstar Exchange Machine Near Me
I thought I’d test it out and let you know what I thought. The results? Easy as pie! I hate to say it, but we always don’t get the gifts that we want and now – thanks to Coinstar Exchange – I found the perfect solution.
When I need to exchange gift cards because my family just doesn’t even KNOW ME, I now know where to go. This way, there’s no feelings hurt, either. I can quietly make the change myself.
First, I went to the website and searched my zip code to find the nearest Coinstar kiosk. Then I searched for the bright yellow kiosk within the Super Stop & Shop that popped up in my search.
I didn’t have to drive far. In fact, it was just a few blocks away. Odds are you will be able to find a close location as well. There are so many participating locations throughout the country.
Finding a Coinstar gift card exchange kiosk near me
Coinstar Exchange conducted a consumer survey that found 37% of people who received gift cards as gifts last year still haven’t used them all! I’m am absolutely one of those people! This was so perfect for me. Is that bad to say? I’m not ashamed to admit it. LOL!
When you don’t use your gift cards, what ends up happening is your balance starts to decrease. Fees incur and you will notice that you start to lose money. That’s no fun. This is a great solution for people who just want to get rid of these gift cards and move on with their lives.
Does Coinstar buy gift cards?
Yes! I think this is the beauty of these machines. The process is incredibly simple, too. When I arrived at the closest kiosk, all I had to do was scan the back of my Home Depot card and type in my pin. At that point, I was offered a rate. I didn’t have to accept the rate. I could choose to take it or leave it.
If I chose to accept the offer, which I did, the kiosk asked me to input my driver’s license and email for identity verification. Do not forget your license! All in all – I think I was there for less than 3 minutes. As soon as I put all my information into the machine, I then received my voucher.
What Is The Coinstar Gift Card Exchange Rate?
The Coinstar gift card Exchange rate is up to 85% of the value of the gift card. Each card varies. You need to have at least $20 on the card to be able to use the system. Those are two hard fast rules.
So, in essence, every card will be different. It all depends on what kind of card you are bringing along to trade in. Different cards provide different exchange rates. But every card needs to have at least $20 on them to trade. Easy enough, right?
Happy place! Are you ready to try the Coinstar Exchange system out for yourself?
You will need to bring these items to the Coinstar kiosk:
- Your state-issued driver’s license or ID.
- Your Visa, MasterCard, American Express, or Discover credit card or debit card.
- You may also need your cell phone, so please have it handy.
How Old Do You Have To Be To Use One Of These Machines?
If you are between the ages of 13 and 18 (or between 13 and the age of legal majority under applicable law), you may only use the services under the supervision of a parent or legal guardian.
If you are looking to exchange some unwanted gift cards, be sure to visit a local Coinstar kiosk in your neck of the woods! Have you used the Coinstar Exchange gift card system before? What did you think?
Just in case you don’t have gift cards and instead have a number of coins that you want to get rid of, here is some more information —
What Is The Fee For Coinstar If You Exchange Coins?
If you want to exchange coins and not gift cards, you will find that the Coinstar’s fee is currently set at 11.9 percent of the value of the coins you’re exchanging. That turns into roughly $12 for every $100 in coins you feed to the machine.
Where Can I Exchange Coins For Cash?
Coinstar Machines allow you to exchange coins for cash. But remember they do take a percentage fee. These machines are different from the gift card exchange machines. Learn more about how to turn loose change into cash here.
Do Banks Accept Coins In Exchange For Cash?
Every bank is different. Be sure to call ahead to your local branch before lugging over your bags of coins. some banks will accept coins, but charge a small fee for exchanges if you don’t have an account with them.
What Coins Does Coinstar NOT Accept?
Coinstar cannot accept Eisenhower silver dollars, 1943 steel pennies, pure silver, commemorative or foreign coinage.
Is There A Limit Per Transaction?
The machine has a limit of $2,000 per transaction.
- Turn Loose Change and Gift Cards into Cash with Coinstar and Coinstar Exchange
- Related: I Found Over $1000 In Gift Cards: Now What?
- Financial Responsibility Lessons for Pre-College Young Adults
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