Bank clients can now directly deposit coins at more than 10,000 retail kiosks and 100+ branches nationwide
U.S. Bank and Coinstar today announced an expansion of their partnership, giving U.S. Bank clients more ways to deposit coins directly into their checking accounts. Following a successful pilot at four branches, Coinstar’s Transfer to Account service is now available at more than 100 U.S. Bank branches and over 10,000 Coinstar kiosks in retail locations nationwide. The expanded service complements the bank’s 2,000 branches and robust digital capabilities to make everyday banking more convenient.
“We’re committed to delivering flexibility and convenience for essential banking services – whether that’s in person, online or on the go,” said Sekou Kaalund, head of branch and small business banking at U.S. Bank. “This expansion with Coinstar helps us do just that by leveraging their unique scale in retail locations and integrating automated coin deposit capabilities into our branches.”
How does it work?
Clients can use the service by visiting a participating retail or in-branch kiosk, swiping their U.S. Bank debit card and depositing loose coins, which are counted and instantly transferred to their checking account. Many kiosks also offer options to donate coins to select charities or convert them into no fee eGift cards.
“We are excited to partner with U.S. Bank and help them grow their deposit network and in-branch capabilities, leveraging the network Coinstar has built over the last three decades,” said Kevin McColly, CEO of Coinstar.
Where is it available?
Transfer to Account-enabled kiosks are available in more than 400 retail chains, providing access to banking services outside of branch hours. To date, more than 48,000 U.S. Bank clients have used the service.
To find a Coinstar kiosk location at a retail or a U.S. Bank branch, visit usbank.com/Coinstar.
Frequently asked questions
Can you deposit coins at a U.S. Bank branch or Coinstar kiosk?
Yes. Coin deposits are available at more than 10,000 Coinstar kiosks nationwide, including machines installed inside more than 100 U.S. Bank branches. Because the service runs through retail partners, customers can deposit coins well outside standard branch hours.
How does the Coinstar Transfer to Account service work?
The transaction takes minutes from start to finish. A customer swipes a U.S. Bank debit card at a Coinstar kiosk, the machine counts the coins automatically, and the total transfers straight into the customer's checking account. The service requires an active U.S. Bank checking account with a linked debit card. More than 48,000 customers have used Transfer to Account since it launched.
Are there fees for depositing coins through Coinstar?
No. Customers using Transfer to Account deposit coins directly into a U.S. Bank checking account without paying a coin-counting fee – a meaningful difference from standard Coinstar transactions, which typically charge a processing fee to convert coins into cash vouchers. Many kiosks also offer the option to donate coins to a selected charity or convert them into no-fee eGift cards from participating retailers.
Spare change adds up fast. With Coinstar kiosks inside branches and across hundreds of retail chains, turning it into usable funds no longer means waiting for a teller.
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