Bank of America does not operate coin machines in its branches

Bank of America stopped installing and maintaining coin counting machines in its branches years ago. If you have loose change you need to convert to bills or deposit, you will need to use a different service — either at another bank, a retail location, or through a mail-in option.

This is not unique to Bank of America. Most large national banks have phased out coin machines because the machines are expensive to maintain, take up branch space, and require regular servicing. The shift happened across the industry between 2010 and 2020.

Key Takeaways

  • Bank of America branches do not have coin-counting machines available to customers or the public.
  • You can deposit coins directly at a Bank of America teller window without using a machine, though some branches may ask you to roll them first.
  • Retail stores like Coinstar (found in grocery stores and pharmacies) charge a percentage fee but count coins when ready.
  • Credit unions and smaller regional banks often still operate coin machines and may serve non-members for a small fee.
  • If you have a large volume of coins, calling your local branch ahead of time to confirm their coin deposit policy saves a wasted trip.

Depositing coins directly at a Bank of America branch

You can bring loose coins to any Bank of America branch and deposit them into your account through a teller. The teller will count the coins at the window or ask you to roll them in paper coin wrappers first — the policy varies by branch and by how many coins you have.

Coin wrappers are inexpensive and widely available at office supply stores, grocery stores, and online. A standard roll holds 50 pennies, 40 nickels, 25 dimes, or 20 quarters. Rolling coins yourself before you go saves the teller time and makes your deposit faster.

If you have a very large amount of coins — more than a few dollars' worth — call your branch ahead of time and ask whether they prefer you to roll them or bring them loose. Some branches will count them for you; others will ask you to use a coin-counting service first.

Coinstar and other retail coin machines

Coinstar machines are the most common coin-counting option in the United States. They are typically located inside grocery stores, pharmacies, and some retail chains. You pour your coins into the machine, it counts them, and you receive a receipt you can cash at the register or convert to a gift card.

Coinstar charges a percentage fee — usually between 10% and 12% of the total value — to count and convert your coins. If you have $10 in coins, you will receive roughly $8.80 to $9.00. The fee is deducted automatically before you get your payout.

To find a Coinstar machine near you, visit the Coinstar website and enter your zip code. The map shows locations, hours, and which stores have machines. No account or membership is required.

Credit unions and regional banks with coin machines

Many credit unions and smaller regional banks still operate coin-counting machines because they serve their members and local communities. If you belong to a credit union, check with your branch — most will count coins for members at no charge.

Some credit unions and banks also serve non-members for a small fee, usually $1 to $2 per transaction regardless of the amount. Call ahead to confirm the fee and whether the machine is currently working, since these machines require regular maintenance and sometimes break down.

To find a credit union near you, use the CO-OP Network locator or search "credit union near me." Many credit unions are part of shared branching networks, which means you can visit a different credit union's branch and use their services even if you do not belong to that specific institution.

Mailing coins to Bank of America

Bank of America does not offer a mail-in coin deposit service. You cannot send coins through the mail to your local branch or to a central processing center.

If you want to deposit coins without visiting a branch in person, your options are limited to retail coin machines like Coinstar or finding a credit union or regional bank that offers mail-in service. Some smaller banks do accept mailed coins, but you will need to contact them directly to ask about their process and any fees.

What to do if your branch has no coin deposit option

If your Bank of America branch cannot accept your coins or you prefer not to use a retail machine, you have a few alternatives. You can exchange coins for bills at the customer service desk of most grocery stores and pharmacies, even if you do not make a purchase — just ask politely. Many will do it for free or for a small fee.

You can also ask family or friends to exchange coins with you for bills, or save the coins in a jar until you accumulate enough to make a trip to a Coinstar machine or credit union worthwhile. Some people donate large amounts of coins to charity, which also avoids the fee.

Frequently Asked Questions

Can I deposit coins at a Bank of America ATM?

No. Bank of America ATMs do not accept coin deposits. You must visit a branch and speak with a teller, or use an alternative service like Coinstar or a credit union.

Will Bank of America count rolled coins for me?

Yes, most branches will accept rolled coins as a deposit. Call your local branch first to confirm they will count them, and ask whether they prefer you to roll them before you arrive.

Is there a limit to how many coins I can deposit?

Bank of America does not publish a specific coin deposit limit. Very large deposits (hundreds of dollars in coins) may require advance notice so the branch can prepare. Call ahead if you have more than $50 in coins.

Do I need a Bank of America account to use their coin services?

Yes. You must have an account to deposit coins at a Bank of America branch. Non-customers cannot use the service. Coinstar and credit unions are open to anyone.

What is the cheapest way to convert coins to cash?

The cheapest way is to deposit rolled coins directly at your bank branch, which costs nothing. If you do not have a bank account or your bank does not accept coins, a credit union is usually cheaper than Coinstar because many credit unions charge a flat $1 to $2 fee instead of a percentage.