"With the winter holiday season comes the excitement of giving and exchanging gifts, but many of us discover it's not easy to stick to a budget and end up overspending," said lifestyle and trend expert, Justine Santaniello, founder and creative director of JustHaves.com. "Thankfully, most people have unnoticed money lying around the house, at work, even in the car – and that loose change can add up quick. Taking it to a Coinstar kiosk could help lessen the sacrifice most of us make in order to buy gifts for everyone on our list, and reduce potential debt due to over-spending."
Coinstar® and Coinstar™ Exchange kiosks make it easy for consumers to stay on budget, especially around the holidays, by turning the coins and gift cards they already have around the house into cash to buy what they really want.
- The green Coinstar kiosks allow consumers to turn coins into cash to help buy gifts, decorations, or even a treat for themselves to relax from holiday stress. Coins can also be turned in for no fee eGift Cards to leading retailers like Amazon.com, Starbucks, Toys R Us/Babies R Us, Home Depot and more, or donated directly to a charity.
- 90 percent of Americans surveyed have spare change lying around in couch cushions, purses, cup holders, and junk drawers. While the majority of respondents estimate they have $41 in spare change on-hand heading into this year's holiday season, Coinstar's own nationwide kiosk data indicates that on average, people cash in $68 when they convert their coins to no fee eGift Cards – $27 more than respondents believed they had.
- With approximately 17,000 locations in the U.S., 91 percent of the population lives within five miles of a Coinstar kiosk, making it easy and convenient to cash in coins.
- The bright yellow Coinstar Exchange kiosks offer instant cash for unwanted gift cards most consumers have lying around.
- According to Coinstar's holiday survey data, nearly two in five respondents have unused gift cards left over from last year's winter holidays – leaving extra cash sitting in their wallets and drawers.
- While the majority of Americans surveyed would rather receive a gift card than a physical gift, nearly 2 in 5 of those who received gift cards for past winter holidays have not used them all. Most admit they face difficulties when trying to use gift cards, such as the store being too far away (50 percent) or it was for a store they had never shopped at before (41 percent).
- Coinstar Exchange kiosks accept gift cards from more than 150 retailers, and are conveniently located in grocery stores in major U.S. cities.
For more information about Coinstar, or to find the nearest Coinstar and Coinstar Exchange kiosks, visit: www.coinstar.com. For additional survey findings or to request high resolution images of Coinstar and Coinstar Exchange kiosks, please contact Renee Burch at JLM Partners for Coinstar: firstname.lastname@example.org.
More than 20 years ago, Coinstar simplified the coin-counting process for people, and we continue making it easy for our customers to transform what they have into what they want with Coinstar® and Coinstar™ Exchange kiosks. We own and operate the only multi-national, fully automated network of more than 20,000 self-service coin-counting kiosks. Our Coinstar kiosks process more than $3 billion in coins annually as consumers in the United States, Canada, Puerto Rico, Ireland and the United Kingdom convert coins to cash or no fee eGift Cards, or donate coins to charity right from the kiosk with our Coins that Count™ program. With Coinstar Exchange, consumers can instantly exchange gift cards for cash in major U.S. cities at grocery retailers where people already shop. For more information on Coinstar or Coinstar Exchange, visit www.coinstar.com.
1 The 2016 Coinstar Holiday Survey was conducted by Kelton Global between September 26th and October 3rd, 2016 among 1,011 nationally representative Americans ages 18 and over, using an e-mail invitation and an online survey. Quotas were set to ensure a reliable representation of the U.S. population 18 and over.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/new-coinstar-study-reveals-majority-of-americans-surveyed-expect-to-exceed-holiday-budget-by-155-1-300373344.html