Many banks have machines that count your coins and allow you to redeem them for cash. But the service doesn't come cheap -- at least not anymore.
Last November, TD Bank began charging customers a 6% fee for non-customers who use its "Penny Arcade" machines.
If you've collected at least $1,000 worth of coins, Capital One will charge you 5% of the amount, if you're not a customer.
"Coin-counting fees at many banks run at 5% or more. You can access a home equity line cheaper than that," said McBride. "It's complete nonsense to pay anything for coin counting, so roll them all up in coin rolls first if that's what it takes."
But Feddis said banks incur costs to buy and maintain the coin machines and exchange it for cash.
"It is like renting any machine," said Feddis. "Otherwise other customers who don't bring in money to be counted are subsidizing those who do."
