Saturday, February 3, 2007

Get Cash (Not Gift Cards) At CoinStar Machines Without the Fee!

Author: Nick
Category: Money
Topics: , ,

coinstar hack... no axe needed

For all you folks with jars of coins sitting around gathering dust instead of interest, here’s a guide to getting cash from a CoinStar machine fee-free.

In short:

  1. Haul your change to a CoinStar machine.
  2. When it prompts for how you’d like your payout, specify that you want an iTunes gift card. Don’t worry, you’ll end up with cash; CoinStar doesn’t charge its usual fee if you say you want a gift card.
  3. Put in your change.
  4. Verify that you want all of your money on the gift card.
  5. The trick: Unplug the CoinStar machine’s internet cable from the phone jack.

Since it can’t dial home to get a code for the gift card, it has no choice but to give you a receipt redeemable for cash at the customer service counter. And since you didn’t agree to be charged a fee, it can’t charge you one.

I’m going to try this out today and will report back on my attempt. Hopefully I won’t go to jail.

Update: CoinStar machine at the supermarket was out of order. Maybe someone beat me to it.

18 Responses »

1.

Too Smart
February 3rd, 2007 at 5:39 pm

… and get arrested for tampering with CoinStar property while at it. Awesome deal!

2.

Jail time?
February 3rd, 2007 at 7:49 pm

Even if it works, i wont recommend it. hmmm, is it illegal? let me know if it works!

3.

Poorer Than You
February 3rd, 2007 at 10:11 pm

Eh. I just buy coin wrappers and wrap it myself. If your change is mostly pennies, the coin wrappers equal about a 10% fee (the bag of wrappers will wrap $24.00 in pennies for $2.50), so I would use coinstar if I had mostly pennies, but since I usually have a ton of nickels and dimes, the coin wrappers are worth it (A mixed bag of wrappers for $2.50 will roll $210.00, so that’s only a 1% “fee”).

4.

Tight Fisted Miser
February 4th, 2007 at 1:30 pm

I just spend my change as I get it. I’ve never had the “problem” of accumulating excess change.

5.

Nick
February 4th, 2007 at 2:37 pm

I have a jar of change that hasn’t had any income for about five years, but I just haven’t gotten around to rolling it up yet. Once I find a CoinStar machine in working order, I’ll probably trade it in for Amazon gift certificates.

And if it wasn’t apparent from the article, this is probably illegal. I’ve already gotten four calls from people requesting I pay their bail. I told them I would as soon as they install CoinStar machines in their jails. :)

6.

jim
February 4th, 2007 at 11:26 pm

Dude, go to a Chevy Chase branch and they’ll count it for free even if you don’t have an account. :) It has to be a full service branch, no one of the places in supermarkets and stuff.

No wasted time counting and no potential jail time.

7.

Your stupid
February 5th, 2007 at 3:58 pm

I hope you try it and get put in jail.
only scum steel. I dont care if its a big company or not.

grow up and work for a living

8.

Clever Dude
February 6th, 2007 at 7:50 pm

Nick isn’t stupid, he’s just misguided. He won’t “steel” anything because he’s not a metalworker.

Last time we used a Coinstar, it was to cash in our Swear Jar change so we could donate it more easily to charity. We chose to donate it to Red Cross directly from Coinstar, but the system was down so we could only cash it in. We still had to pay the fee though, so the charity we eventually donated to, Gabriel’s Project, got shafted by a few dollars.

9.

Larry
February 7th, 2007 at 3:08 pm

Nick,

What are you doing man?! You live within a stone’s throw of half a dozen Chevy Chase banks, I bet. Their machines are free. Dump the change, get a receipt, take it to the teller, and they hand over the cash. I tried it and it worked perfectly.

10.

Nick
February 7th, 2007 at 4:08 pm

Haha, don’t worry, Larry. I’m not really going to try this.

As for Chevy Chase, I’ve always thought he should stick to acting instead of getting into the banking business. But the next time I see him, I will try to toss my jar of coins at him.

11.

mapgirl
February 13th, 2007 at 6:25 pm

Everyone already yelled at you for what I was going to say. Go to Chevy Chase. Or else have your wife kick out the plug. No one would yell at her. She’s too nice!

12.

Nick
February 13th, 2007 at 7:35 pm

Hmm, she does have long arms and tiny hands…

13.

Jonathan
February 14th, 2007 at 9:58 pm

This is all hilarious. I have to admit, I checked out the coinstar machine last time I was at the grocery store. Couldn’t see the modem plug, not to mention it was right beside the main cashier “cage” thing.

On the other hand, I’ve always wanted to be banned from somewhere…

14.

Master Allan
February 23rd, 2007 at 1:04 pm

How can you go to jail over something as serious as unplugging a cable? Sometimes cables accidentally fall out. Just accidentally drop a few pennies behind or around the machine as your counting change. As you reach around the machine to pickup your change from the floor, hope that your hand doesn’t mistakenly pull the data cable out.

15.

Frugal Canadian Living
May 24th, 2008 at 12:31 am

There are better ways to get rid of your change. You can use a vending machine (and get CASH back) or self check out line. It will take you time but I have a vending machine at work and I can easily get rid of $10 per day in less than 5 min.

http://frugalcanadianliving.blogspot.com/2008/05/depositing-your-change.html

16.

richard simmons
November 30th, 2008 at 10:03 pm

You should all grow some balls jesus christ. Your standards in life should never make you feel so high above everyone else that your somehow obligated to stop crime by telling people they shouldn’t have a right to their own money. These are corporations that make the banks not do this simple task for free anymore even if you belong to it because people at coinstar are making money off of what you are to just going to ignore as “chump change.” Don’t let our society charge us more than what we already have to even the smallest thing as chump change adds up giving us at least a say.

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