ATM fees are one of the most frustrating “gotchas” in business banking. Whether you’re grabbing cash for a vendor payment or making a deposit on the go, those out-of-network charges can add up fast—averaging nearly $5 per transaction in 2024. Most banks either limit you to their own ATM network or reimburse only a small amount each month, leaving you to foot the bill if you need flexibility. At Holdings, we believe you should have free access to your money—anywhere, anytime. Here’s how we make ATM fees a thing of the past, and why that matters for your business.
The Real Cost of ATM Fees
Out-of-network ATM fees: These are the double whammy—your bank charges you, and so does the ATM owner. The average total? $4.77 per transaction in 2024.
Monthly reimbursement limits: Even the most “generous” banks often cap reimbursements at $8–$20 per month, or require you to maintain a high balance to qualify.
Hidden restrictions: Some banks only reimburse certain types of fees, or require you to jump through hoops to get your money back.
For a full breakdown of hidden banking fees and how Holdings helps you avoid them, check out Hidden Fees in Business Banking: How Holdings Saves You Money.
How Holdings Does It Differently
No ATM fees, anywhere: Use any ATM nationwide for withdrawals or deposits—Holdings covers the fees, so you never pay out of pocket.
No monthly caps or minimums: Unlike most banks, there’s no limit to how many times you can access your cash for free, and no minimum balance required.
Automatic reimbursement: We handle the process behind the scenes, so you don’t have to save receipts or fill out forms. Your account is credited automatically.
Why Free ATM Access Matters for Your Business
Total flexibility: Need cash for a last-minute purchase or to pay a contractor? No need to hunt for a “preferred” ATM.
Nationwide reach: Whether you’re traveling for business, working with remote teams, or expanding to new markets, you can access your funds anywhere in the U.S.
No budgeting for “junk fees”: Every dollar you save on ATM fees is a dollar you can reinvest in your business.
Curious about other ways Holdings helps you keep more of your money? See Choosing the Best Business Bank: Key Factors and When to Switch Accounts.
How to Get Started
Open your Holdings account: It’s fast, easy, and 100% online.
Use any ATM, anywhere: Withdraw or deposit cash as needed—no restrictions, no fees.
Watch your savings add up: With zero ATM fees and high-yield APY, your money works harder for you.
For more on what you’ll need to open your account, visit What You Need to Open a Business Bank Account.
Ready to break up with ATM fees for good?
Explore these guides to make smarter banking decisions and keep more of your hard-earned money:
Hidden Fees in Business Banking: How Holdings Saves You Money
Choosing the Best Business Bank: Key Factors and When to Switch Accounts
With Holdings, you get true nationwide access to your money—no fees, no limits, just total freedom. That’s modern business banking, the way it should be.