Music labels get nickel and dimed
Change counting firm Coinstar will accept coins for iTunes gift cards and Virgin Digital eCertificates.

NEW YORK (CNNMoney.com) - Coinstar is changing its tune.

The coin-counting machine company now lets customers exchange coins for an iTunes gift card or a Virgin Digital eCertificate at Coinstar machines, the company said.

The "Coin to Card" program is currently available on 5,000 Coinstar machines in the U.S., the company said.

Unlike standard coins-to-cash transactions, which have a fee, customers can forgo the standard 8.9 percent processing fee to get credit for digital downloads.

Coinstar (Research) offers iTunes gift cards for as little as $5 dollars in change, a denomination which has previously been unavailable through Apple (Research).

Since 1992, the coin counter has processed more than $12 billion dollars in change in over 350 million transactions.

There is currently an estimated $10.5 billion of spare change sitting idle in American households, according to Coinstar.

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Coinstar also let customers convert their spare change into Amazon.com gift certificates, click here for more. Top of page

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.