Fee-Free Debit Card Withdrawals

Managing cash flow shouldn’t mean losing money to fees or wasting hours running to the bank. With Holdings Debit cards and the Allpoint ATM network, business owners get the freedom to access and deposit cash without the headaches, hidden costs, or limitations of traditional banking. Let’s break down how Holdings’ fee-free ATM access empowers your business, saves you money, and streamlines your financial operations-plus, we’ll share actionable tips, real-world examples, and answers to your most common questions.

The Power of Fee-Free ATM Access for Businesses

If you’re running a business, every dollar counts-and so does every minute. Traditional banks often treat ATM access like a luxury, tacking on fees for withdrawals, deposits, or using “out-of-network” machines. These costs add up fast, especially if your business deals with regular cash transactions or has multiple team members handling funds.

Holdings flips the script: Our debit cards unlock over 55,000 Allpoint ATMs worldwide, giving you truly fee-free access to your money. No surcharges, no hidden costs, no running across town to find your bank’s one lonely ATM.

Why Does ATM Access Matter for SMBs?

• Cash is still king for many small businesses, whether you’re paying vendors, handling tips, or collecting from customers.

• Team flexibility: Multiple employees can safely access cash for business needs without waiting for the owner or a bank manager.

• Predictable expenses: No surprise ATM fees means you can budget with confidence.

How Holdings and Allpoint Work Together

What is Allpoint?

Allpoint is the world’s largest surcharge-free ATM network, with over 55,000 ATMs in convenient locations-think CVS, Walgreens, Target, and Circle K. That means you can grab cash while picking up office supplies or running errands, not just when you’re near a bank branch.

Allpoint+ for Cash Deposits

Select Allpoint+ ATMs allow you to deposit cash directly into your Holdings account-no need to visit a bank branch or wait in line. Look for the Allpoint+ logo at major retailers in metropolitan areas, including CVS and Walgreens.

How to Find an Allpoint ATM

• Use the Allpoint ATM locator on their website or download the Allpoint mobile app.

• Look for the green Allpoint logo at participating ATMs.

• Check your Holdings dashboard for integrated ATM location tools.

Withdrawing and Depositing Cash: Step-by-Step

1. Locate an Allpoint ATM

• Open the Allpoint app or website, enter your zip code, and see all nearby surcharge-free ATMs.

2. Withdraw Cash-Without Fees

• Insert your Holdings debit card, enter your personal identification number (PIN), and select “withdrawal.”

• The per-transaction limit is $400, but you can make multiple withdrawals if needed.

3. Deposit Cash at Allpoint+ ATMs

• At select Allpoint+ locations, choose “deposit” and follow the on-screen instructions.

• Deposits are limited to $1,000 per transaction, with daily limits set by your Holdings account.

4. Avoid Non-Allpoint Fees

• While Holdings cards work at any ATM that accepts Visa, Plus, Interlink, or Accel, non-Allpoint ATMs will charge fees. Always use an Allpoint ATM to keep your withdrawals fee-free.

The Real Cost of ATM Fees-and How Holdings Saves You Money

Let’s talk numbers. Most banks charge $2–$5 per withdrawal at “out-of-network” ATMs. If your business makes just 10 cash withdrawals per month, that’s up to $600 a year-money better spent on growing your business.

With Holdings and Allpoint:

• Zero withdrawal fees at any Allpoint ATM.

• No deposit fees at Allpoint+ ATMs.

• No monthly maintenance fees or minimum balance requirements.

Example:

“We switched to Holdings for our food truck business. Between buying supplies and depositing cash sales, we used to spend $40–$50 a month on ATM fees. Now, every dollar stays in our business.” - Maria, Holdings customer

Convenience and Accessibility: Banking Where You Do Business

Allpoint ATMs are everywhere you already shop-CVS, Walgreens, Target, Circle K, and more. That means you can:

• Withdraw cash while picking up inventory.

• Deposit cash after closing out your register.

• Access your funds 24/7, not just during “banker’s hours.”

No more detours or lost productivity. Your business cash is always close at hand.

Streamlined Cash Management for Busy Teams

Managing business cash shouldn’t be a juggling act. Holdings and Allpoint make it simple:

• Deposit cash sales instantly at Allpoint+ ATMs-no more waiting for branch hours.

• Empower your team: Issue Holdings cards to trusted employees so they can withdraw or deposit cash as needed, with real-time tracking.

• Monitor everything: Your Holdings dashboard shows every withdrawal and deposit, so you can track spending, spot trends, and simplify your accounting.

Enhanced Security and Peace of Mind

Security is non-negotiable when it comes to your business funds. Here’s how Holdings and Allpoint keep your money safe:

• Trusted network: Allpoint ATMs are located in well-lit, high-traffic retail stores, reducing the risk of theft or fraud.

• No need to carry large sums: Deposit cash sales quickly and frequently, keeping less cash on hand.

• FDIC insurance: Holdings accounts are insured up to $3 million, giving you peace of mind.

Best Practices: Getting the Most from Fee-Free ATM Access

Here’s how savvy business owners make the most of Holdings and Allpoint:

• Plan your deposits: Use Allpoint+ ATMs for large cash deposits after big sales days or events-up to $1,000 per transaction.

• Know your limits: Remind employees of the $400 withdrawal limit per transaction and plan ahead for larger cash needs.

• Educate your team: Make sure everyone knows how to find Allpoint ATMs and understands the importance of using surcharge-free locations.

• Integrate with your workflow: Combine ATM visits with routine errands at CVS, Walgreens, or Target.

• Track everything: Use Holdings’ real-time dashboard to monitor team withdrawals, deposits, and spending patterns.

Real-World Example: How a Catering Business Wins with Holdings

Let’s say you run a catering company with several team members:

• Before an event: Your staff withdraws cash from an Allpoint ATM at Walgreens to buy last-minute supplies-no fees, no hassle.

• After the event: Cash payments from clients are deposited at an Allpoint+ ATM at CVS, right after picking up cleaning supplies.

• Result: No wasted trips to the bank, no surprise fees, and every dollar stays in your business.

How Holdings Compares to Traditional Banks and Other Networks

Here’s a quick comparison to show why Holdings stands out:

Frequently Asked Questions

Q: Can I use my Holdings card at any ATM?
A: Yes, but only Allpoint ATMs are truly fee-free. Other ATMs may charge surcharges set by the operator.

Q: Where can I find Allpoint+ deposit-enabled ATMs?
A: Use the Allpoint locator or app and look for the Allpoint+ logo. Major cities and retailers like CVS and Walgreens often have them.

Q: Are there limits on how much I can withdraw or deposit?
A: Yes. Withdrawals are limited to $400 per transaction, and deposits at Allpoint+ ATMs are limited to $1,000 per transaction (with daily limits set by your Holdings account).

Q: Is my money safe with Holdings?
A: Absolutely. Holdings accounts are insured up to $3 million and use secure technology to protect your funds.

Q: Can I track team withdrawals and deposits?
A: Yes! The Holdings dashboard gives you real-time visibility into every transaction, making expense management and accounting a breeze.

Tips for SMB Owners: Making the Most of Holdings

• Empower your team: Issue Holdings cards to trusted staff for supply runs or event cash needs-track every dollar in real time.

• Simplify your bookkeeping: Use Holdings’ integrated accounting tools to automatically reconcile withdrawals and deposits.

• Keep your cash working: With up to 3.0% APY on your deposit account, your idle funds earn more-even as you handle day-to-day cash flow.

• Say goodbye to fees: Every dollar you save on ATM fees is a dollar you can reinvest in your business.

Why Holdings is the Financial Sidekick SMBs Deserve

Traditional banks love to nickel-and-dime business owners with every withdrawal, deposit, or account transfer. Holdings was built to be different: no fees, no minimums, and no penalties for accessing your own money. Instead, you get perks for being a good customer, not punishments for being busy.

Imagine banking that pays you back:

• Up to 3.0% APY on your business cash.

• Zero fees for withdrawals and deposits at 55,000+ ATMs.

• Integrated accounting and bookkeeping-so you spend less time on spreadsheets and more time growing your business.

• Peace of mind with up to $3 million in FDIC insurance.

Get Started: Open Your Holdings Account Today

Ready to take control of your business finances? Opening a Holdings account is fast, easy, and 100% online. Once you’re set up, you’ll get your Holdings debit card and instant access to the Allpoint network.

Here’s how to get started:

1. Sign up online-no paperwork, no branch visits.

2. Fund your account with an initial deposit.

3. Download the Allpoint app to find your nearest fee-free ATM.

4. Issue cards to your team and set custom permissions.

5. Start saving money-and watch your business cash flow improve.

Final Thoughts: The Future of Business Banking is Here

Holdings and Allpoint are changing the game for small and midsize businesses. No more wasted money on ATM fees. No more wasted time on bank visits. Just simple, secure, and cost-effective cash management that puts your business first.

Your business hustle deserves banking that works just as hard.
With Holdings, every dollar you earn works harder for you-whether it’s earning high interest, moving freely, or funding your next big idea.

Ready to ditch the fees and make your cash flow? Open your Holdings account today and experience fee-free banking built for business.