How to change coins into cash for free?

At a certain point, you may realize that you’ve accumulated lots of coins but need a more convenient way to spend them. There are several ways to change your coins into cash for free or a low fee. If your piggy bank or coin jar is filled, here are some options for emptying it. Call your bank or credit union to see if it offers free coin exchange.

What is the Coinage Act?

However, the Coinage Act limits how many small coins you can use in a transaction, although shops are able to choose to accept larger volumes of coins if they want to. Instead of putting smaller coins in your wallet at a checkout, you could give your spare change to charity instead.

How do you get coins?

There are many ways to acquire coins. One is the change in your own pocket or purse. Chances are you don’t carry much change with you and it ends up in a can, jar, or piggy bank. Friends and family members may allow you to look through their change, especially if you’re willing to share potential profits.

How do I cash in my change?

It is also worth noting that most banks only take change from their own customers. Coinstar machines are the latest way to cash in your change, but make sure you are happy to pay a fee for a machine to sort your coins for you.