Bank of America does not operate coin counting machines in its branches
Bank of America stopped offering coin counting services at its branches several years ago. If you have rolled coins or loose change you want to convert to bills, you will need to use a different method — either a machine at another bank or retailer, or a manual counting service.
The bank still accepts coins as deposits if you bring them in a rolled form (standard paper rolls, 50 coins per roll) or loose in a bag, but a teller will count them manually at the counter. This process can take time during busy hours, and some branches may ask you to schedule an appointment or return at a quieter time.
Key Takeaways
- Bank of America branches do not have self-service coin counting machines available to customers.
- You can deposit rolled coins or loose coins directly with a teller, though manual counting may take extra time.
- Coinstar machines, located in grocery stores and other retailers, charge a percentage fee but count coins automatically.
- Some credit unions and regional banks still operate coin counters, so checking your local options may save you money.
- Rolled coins are faster to deposit than loose change because the teller does not have to count them.
How to deposit coins at a Bank of America branch
Bring your coins to any Bank of America branch during business hours. If you have loose coins, place them in a bag or container so they are straightforward to transport and count. If you have already rolled them in standard paper coin rolls, bring them as they are.
Approach a teller and tell them you want to deposit coins. For rolled coins, the process is straightforward — the teller will accept them and credit your account. For loose coins, the teller will count them at the counter, which may take several minutes depending on the volume. If the branch is busy, ask if you can come back at a slower time or schedule a time to bring in a large amount.
You will need your Bank of America debit card or account number to complete the deposit. The coins will be credited to your checking or savings account the same day.
Coinstar machines and other alternatives
Coinstar operates the most widely available coin counting machines in the United States. These machines are located inside grocery stores, pharmacies, and other retailers. You pour your coins into the machine, it counts them automatically, and you receive a receipt you can exchange for cash at the register or convert to a gift card.
Coinstar charges a percentage fee — typically between 10 and 12 percent of the total value — for this service. So if you have $100 in coins, you will receive between $88 and $90. The fee is lower if you choose a gift card instead of cash at some locations. You can find a Coinstar machine near you using their online locator on the Coinstar website.
Some credit unions and regional banks still operate free coin counting machines for their members. If you belong to a credit union or have accounts at a smaller local bank, call ahead to ask whether they offer this service. A few Walmart locations also have coin counting services, though availability varies by store.
When to roll coins before depositing
Rolling coins yourself before you deposit them saves the teller time and speeds up your transaction. Standard paper coin rolls hold 50 coins each: pennies and dimes go 50 per roll, nickels and quarters go 40 per roll (because they are larger). You can purchase empty coin rolls at most grocery stores, pharmacies, or office supply stores for a few dollars per box.
If you have a very large amount of loose coins — more than a few dollars worth — rolling them before you go to the branch is worth the effort. A teller counting $50 in loose pennies can take 10 to 15 minutes. The same amount in rolls takes less than a minute to verify and deposit.
What happens if you deposit coins without rolling them
Bank of America will still accept loose coins, but the teller will count them manually. This means your transaction will take longer, especially during peak hours. Some branches may ask you to return at a quieter time if you have a large volume of loose change.
There is no fee for depositing loose coins at Bank of America, but your time cost is higher. If you have more than $20 in loose coins, rolling them first is usually the faster choice for everyone involved.
Comparing your options for coin deposits
| Method | Cost | Time | Where |
|---|---|---|---|
| Bank of America teller (rolled coins) | Free | 1–2 minutes | Any Bank of America branch |
| Bank of America teller (loose coins) | Free | 5–15 minutes depending on amount | Any Bank of America branch |
| Coinstar machine | 10–12% fee | 2–5 minutes | Grocery stores, pharmacies, retailers |
| Credit union coin counter | Free (members only) | 2–5 minutes | Credit union branches (if available) |
Frequently Asked Questions
Can I deposit coins at a Bank of America ATM?
No. Bank of America ATMs accept only bills, not coins. You must go inside a branch and speak with a teller to deposit coins.
Do I need to be a Bank of America customer to use their coin counting?
Yes. You must have a Bank of America account and bring your debit card or account number to deposit coins. Non-customers cannot use the service.
What if I have a very large amount of coins?
Call your local Bank of America branch ahead of time and ask to schedule an appointment. Large deposits (more than $100 in coins) may require advance notice so the branch can set aside time for counting.
Is there a limit to how many coins I can deposit?
Bank of America does not publish a specific coin deposit limit, but extremely large amounts may require an appointment or multiple visits. Ask your branch directly if you have more than $500 in coins.
Why did Bank of America remove coin counting machines?
Banks removed coin counters due to maintenance costs and the shift toward digital payments. Fewer customers use coins, so the machines became less cost-effective to operate and maintain.