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Sweet deal if you have a bunch of coins lying around - Nothing to See Here — LiveJournal

Oct. 6th, 2007

03:57 pm - Sweet deal if you have a bunch of coins lying around

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You know those green "Coinstar" machines you see in supermarkets and so on (if you live in the US)?

Well, you can turn a pile of coins into more useful (minimized number of units; notes, etc.) money, but they take a cut (8.9%, I think). There is a way to get 100% of your money, however: Turn it into a gift certificate for Amazon.com or Starbucks or several other options and they take 0%. That deal has been on-going for a couple of years now, I think. It's standard.

Right now, however (Amazon e-mailed me this morning), if you turn at least $30 of coins into an Amazon.com gift certificate, you can then mail in the receipt to receive an additional $10 Amazon.com gift certificate by mail.

I happen to have had $41.48, apparently. :) (and now I have that in my Amazon.com account -- the GC code on the receipt can be for any arbitrary amount, which is nice; I heard the modem dialling in the machine so it could acquire a code for a specific value). That, and I'll be receiving another $10. Yay!

Y'know... if you don't have $30 in coins lying around, you could even go to a bank, ask for $30 in quarters, and then go to the Coinstar machine, ... ;)

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[User Picture]
Date:October 7th, 2007 10:19 pm (UTC)
I believe you have to pay a small fee to get a lot of change from the bank. I dunno what the threshold might be though.
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[User Picture]
Date:October 8th, 2007 03:26 am (UTC)
I suspect it depends on what bank and whether you're an account holder and so on. :)
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[User Picture]
Date:October 8th, 2007 09:08 pm (UTC)
Well, my boss at BR didn't use to let us take rolls of quarters in exchange for 10s... also he didn't like it if we made too much change with singles for customers, who would sometimes ask for us to give them twenty singles, because apparently it cost him to get small bills and coins from the bank.
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