Have you ever received gift cards that didn’t quite match your interests or needs? Don’t let those unused gift cards gather dust in your wallet. Here’s how to trade in your unwanted gift cards for cash using Coinstar Exchange machines. Discover the financial freedom of turning those gift cards into real money.
What is Coinstar Exchange?
Coinstar Exchange is a user-friendly service designed to help you convert your unwanted gift cards into cash. Unlike regular Coinstar kiosks, which primarily count coins, Coinstar Exchange specializes in gift card redemption. With a minimum balance requirement of $20, this service offers a convenient way to unlock the value of your unused gift cards.
The Benefits of Using Coinstar Exchange
Unlocking the cash value of your gift cards with Coinstar Exchange comes with several advantages:
- Immediate Cash: Say goodbye to holding onto gift cards you’ll never use. Coinstar Exchange provides fast access to cash.
- Nationwide Availability: Coinstar Exchange kiosks are conveniently located throughout the country, making it easy to find one near you.
- No Judgment: Unlike returning gift cards to stores, Coinstar Exchange is a judgment-free way to exchange your cards for brands you actually like.
Easy Way To Trade In Unwanted Gift Cards – Find A Coinstar Exchange Machine
CoinstarExchange kiosks — not to be confused with regularCoinstarkiosks that are simply coin counting machines — scan your unusedgift cardswith at least a $20 balance on them and offer you a price for your gift card after taking a fee for their service.Remember, the egift card machines aren’t like those other machines where you add coins to the tray. It’s completely coin-free.
Great news, right? Coinstar Exchangehas 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 home renovations. These are the cash-for-gift card kiosks you’ve been looking for!
As an added bonus, no one will 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, without any issues.
Oftentimes, we receive gift cards that just don’t make sense for our family, and we end up never spending them, which is a true waste of money. Now, we can exchange these gift cards for cash in just a few minutes.
How To Find A Coinstar Exchange Machine Near Me
Getting started with Coinstar Exchange is a breeze. Follow these steps to locate a nearby kiosk:
- Visit the Coinstar Exchange website.
- Enter your zip code to find the nearest kiosk.
- Look for bright yellow kiosks in stores and restaurants, as they are often situated in high-traffic areas.
Related: Where to Get Quarters During The Coin Shortage
The Coinstar Exchange Process
Exchanging your gift cards at a Coinstar Exchange kiosk is straightforward:
- Scan the back of your gift card and input the PIN.
- Receive an offer for your gift card’s value.
- Choose to accept or decline the offer.
- If you accept, provide your driver’s license and email for identity verification.
Coinstar Gift Card Exchange Rate
The Coinstar Exchange rate can be up to 85% of the gift card’s value. Keep in mind that rates may vary depending on the specific gift card. Remember, you need a minimum of $20 on the card to utilize the system effectively.
Costs and Fees
While Coinstar Exchange provides a valuable service, it’s essential to be aware of associated fees. When exchanging coins, there is a fee set at 11.9% of the coin value. This translates to approximately $12 for every $100 in coins exchanged.
As a reminder, when you use one of these machines in the United States, you will incur Coinstar Fees. But they will clearly be defined PER gift card you submit. The way Coinstar works is that they tell you everything UPFRONT.
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 the Home Depot card and typed in the 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 acceptthe offer, which I did, the kiosk asked me to input my driver’s license and email for identity verification. Do not forget your license!
Accepted Gift Cards
Coinstar Exchange accepts a wide range of gift cards from various brands. However, it’s important to note that certain types of gift cards, such as Visa, Mastercard, and other bank-issued ones, cannot be sold for cash at a Coinstar Exchange kiosk.
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.
Where Can I Exchange Coins For Cash?
Ready to cash in your coins? Coinstar Machines (and cash for gift cards kiosks in general) allow you to exchange coins for cash. But remember, this isn’t a free coin counting service – they do take a percentage fee. These machines are different from the gift card exchange machines.
As a reminder, they cannotacceptEisenhower silver dollars, 1943 steelpennies, pure silver, commemorative or foreign coinage. This sell gift cards kiosk machine has alimitof $2,000 per transaction.
Coinstar Exchange offers a convenient and accessible way to turn unwanted gift cards into cash. With nationwide availability and a transparent process, you can regain control of your gift card balance and put it to better use.
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