gift card machine card money gift coins cash service fee store
1.0
Details
OMG they want like 12%, that's just unbelievably outrageous, I was gonna cash in about 600 bucks worth but NO WAY am I paying them over 60 bucks for it...blows my mind. They need to drop the rate to 5% or less. I've heard of charging for things but for a simple service...
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2 comments
Anonymous
#1455839

Coinstar pays for the machine to be built and delivered. It maintains personel to service and manage the area reps.

The store gets a % of that fee. The company that picks up the coin gets part of that fee. They deliver the coins to brinks who process the coin bins and they get part of the fee. There are a lot of hands out for part of that fee.

I'm sure coinstar wishes they made that much on a transaction. All the costs of doing business. Even the banks have those processing fees, however a lot of times they eat the fees for their customers by moving them to their advertising budget to attract more customers. What if someone gave you $10,000 in pennies.

You would have to pay someone to pick them up, and where would he take them? You'd have to pay another company to take them off your hands to roll and process them..

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Review
#1089793 Review #1089793 is a subjective opinion of poster.
Product
Coinstar Coin Vending Machine
Cons
  • Robber prices they try to charge
Reason of review
Pricing issue
Tags
  • Coinstar Costs Too Much

Short Review on May 28, 2016

1.0
Details
Won a bet and got 200 dollars in nickels and penny's and only got 137.57 before the 10% that is removed so the machine stole 70 bucks from me
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Review
#856150 Review #856150 is a subjective opinion of poster.
Reason of review
Problems with payment

Coinstar Machines Review

I put $75 in coins in a coinstar machine that said it charged 10.9%. My share was $51. I was shortchanged by alot.
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Review
#784587 Review #784587 is a subjective opinion of poster.
Reason of review
Problems with payment

Contact Coinstar Customer Service

Website:
Mailing Address:
1800 114th Avenue SE
Bellevue, WA 98004
United States
Phone:
(800) 928-2274
All Coinstar Contacts

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