Coustar Transfer to Account Fee Guide

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The CoStar Transfer to Account Fee Guide is here to help you navigate the world of coin transfer fees. CoStar's transfer to account fee is a flat rate of $2.50 per transfer, regardless of the amount being transferred.

This fee is non-negotiable and applies to all transfers made to a bank account, PayPal, or other supported accounts. You can transfer funds from your CoStar account to a bank account or other supported account at any time, 24/7.

The transfer to account fee is a one-time fee, meaning you won't be charged extra for multiple transfers in a single day. However, if you make multiple transfers in a short period, you may be subject to additional fees or limitations.

Understanding Coinstar Fees

Coinstar fees can be a bit confusing, but let's break it down. Coinstar charges a service fee of up to 12.9% for converting your coins into cash.

This fee is on top of a $0.59 transaction fee, which is a flat rate for each transaction. The total fee can add up quickly, so it's essential to consider it when deciding how to use Coinstar.

Using Coinstar Services

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Coinstar's fees can be a bit steep, with a service fee of up to 12.9% plus a $0.59 transaction fee for converting your coins to cash.

If you're redeeming a BECU Coinstar voucher for cash, you'll pay a 2.90% member-only rate, or 10.90% if you're not a member. Depositing the voucher into your BECU account, on the other hand, will also incur a 2.90% fee.

The fees for Coinstar services vary depending on the location and the type of service you use, so be sure to check the specifics before you start.

Making the Most of Your Visit

Before you visit a Coinstar kiosk, check the list of available eGift Card options on their website to see if there's a retailer you like.

It's a good idea to prepare your coins by removing any foreign objects, dirt, and debris to ensure a smooth transaction.

Consider the fee when choosing between cash and an eGift Card, as fees vary by location. This will help you make an informed decision.

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Visit the kiosk during off-peak hours to avoid long wait times. Trust me, you don't want to be stuck in line for too long.

Look for promotions or special offers at Coinstar kiosks offering reduced fees or free transactions during certain periods. It's always a bonus to save a bit of money.

To redeem your cash, take your voucher to the cashier and do it the same day of issue. Don't forget to take your paper voucher!

For eGift Cards, use the unique code printed at the top of the voucher anytime to shop at the retail store, restaurant, or online. It's that simple.

Here are the steps to keep in mind for each type of transaction:

Now Offers PayPal Deposits

Coinstar has made it easier to convert your loose change into cash, now allowing PayPal deposits. This means you can have your money deposited directly into your PayPal account.

You can deposit up to $2,999 per transaction, and the funds will be available in your PayPal account within one to two business days.

Configure Your Coin Solution

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Configuring your Coinstar solution is a breeze, thanks to their flexible programs. Whether you have a small institution or a large one, they've got a plan that fits your needs.

The cost of their Retail Remote Transfer programs is charged based on utilization by your customers, so you only pay for what you use.

To give you a better idea of their different programs, let's take a look at the options. Here's a breakdown of their programs:

Keep in mind that additional fees apply for the fully managed in-branch coin services add on, and in-branch kiosks are available in limited quantities.

Find a Machine Near You

To find a Coinstar machine near you, simply go to the Coinstar kiosk finder and enter your zip code or city. It's a quick and easy process.

You can also use the kiosk finder to locate stores near you that have a Coinstar kiosk. Just enter your location and it will show you the nearest options.

It's that simple! Coinstar makes it easy to find a machine near you, so you can exchange your coins for cash with minimal hassle.

Redeeming a BECU Voucher

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If you have a BECU Coinstar voucher, you can redeem it for cash or deposit it into your account. To get cash, simply present the voucher to a teller, who will verify your membership and deduct a 2.90% fee from the total amount.

If you're not a BECU member, you'll pay a 10.90% fee on your total counted amount when redeeming a voucher. This is a significant difference, so it's worth considering membership if you plan to use Coinstar services frequently.

To deposit the voucher into your BECU account, you can present it to a teller or use a night-drop deposit box. Either way, the 2.90% fee will be deducted from the total amount when the deposit is processed.

Managing Costs

Managing costs is crucial when it comes to using Coinstar. Coinstar charges a service fee of up to 12.5%, plus a $0.59 transaction fee.

You can avoid paying these fees by donating to charity through Coinstar, but keep in mind that they retain a 10% processing fee from your donation amount for national charities and a 7.5% processing fee for regional charities.

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If you're a bank customer, you can also exchange your coins for cash for free at certain banks, such as Bank of America, Cape Bank, and many others.

Here are some banks where you can exchange coins for cash for free if you're a customer:

  • Bank of America
  • Cape Bank
  • Capital One
  • Chase
  • Citibank
  • First County Bank
  • Hancock County Savings Bank
  • Home State Bank
  • JBT
  • Manasquan Bank
  • People's United Bank
  • PNC Bank
  • Republic Bank (NJ/PA)
  • Shelby Savings Bank
  • TD Bank
  • Truist

Cost and Pricing

Coinstar charges a service fee of up to 12.5% of the total value of the coins, plus a $0.59 transaction fee. This fee is in addition to the service fee, which can add up quickly.

Fees may vary depending on the location of the Coinstar kiosk, so what you pay at one location may be different from what you pay at another. For example, a kiosk in a local grocery store may charge a 12.5% fee, while a kiosk in a Walmart 10 miles away may charge 10%.

The total fee for converting $10 in coins to cash is $1.84, assuming the highest percentage fee of 12.5%. This includes the $1.25 service fee and the $0.59 transaction fee.

The fees associated with using Coinstar's cash option help cover the costs of counting and sorting the coins, and maintaining the kiosks. This is why Coinstar charges a service fee, rather than simply providing a free service to customers.

Avoiding Fees

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If you're looking to avoid fees when cashing in your coins, there are a few options to consider.

One way to avoid Coinstar fees is to donate to charity through their service. However, keep in mind that Coinstar still retains a 10% processing fee from your donation amount for national charities and a 7.5% processing fee for regional charities.

Many banks offer coin counting machines or will accept rolled coins for cash, and some even provide a coin exchange service for free to their account holders.

If you're a customer of one of the following banks, you can exchange your coins for cash for free: Bank of America, Cape Bank, Capital One, Chase, Citibank, First County Bank, Hancock County Savings Bank, Home State Bank, JBT, Manasquan Bank, People's United Bank, PNC Bank, Republic Bank (NJ/PA), Shelby Savings Bank, TD Bank, and Truist.

To take advantage of this free service, simply call your bank to see if they offer it.

Frequently Asked Questions

How much does Coinstar charge to transfer money?

Coinstar charges a service fee of up to 12.9% and a $0.59 transaction fee, with fees varying by location. Check your local Coinstar for exact fees and details.

Can Coinstar transfer to a bank account?

Yes, Coinstar can transfer funds to a bank account at participating kiosks with cash acceptors. This includes both coins and cash transfers to debit-enabled checking accounts.

Robin Little

Senior Writer

Robin Little is a seasoned writer with a keen eye for detail and a passion for storytelling. With a strong background in research and analysis, Robin has honed their craft to deliver engaging and informative content on a wide range of topics. Their expertise in the realm of financial markets has earned them a reputation as a trusted voice in the industry.

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