MoneyPass is one of the biggest ATM networks in the U.S. It’s owned by the global payments company Fiserv. About 2,000 institutions, including online banks, belong to the MoneyPass network in order to give their customers fee-free access to ATMs nationwide.
What is a MoneyPass ATM?
A MoneyPass ATM belongs to the MoneyPass network of about 40,000 ATMs nationwide that are free for customers at participating banks. MoneyPass ATMs are largely used for cash withdrawals, though some also accept cash or check deposits. These ATMs have a MoneyPass logo.
Did you know…
One ATM transaction can cost you two fees: Your bank’s out-of-network fee and an ATM operator’s fee. Look for ATMs that are “in-network” which don’t cost you either fee. Learn more about avoiding ATM fees.
MoneyPass ATMs are free to use if your bank is part of the network. Unlike bank-owned ATMs such as Chase ATMs or Bank of America ATMs, MoneyPass ATMs are part of a shared network that various banks and other providers can join. You can find MoneyPass ATMs at various retail locations, including 7-Eleven, as well as some bank branches. Shared ATMs are common among online banks, which usually lack physical locations.
Where is a MoneyPass ATM near me?
If your bank or other financial institution participates in the MoneyPass ATM network, you can generally find a MoneyPass ATM locator through its website or mobile app. Alternatively, you can go to moneypass.com to see an ATM locator. In cases where there are multiple ATMs in one location, look for MoneyPass’s logo on the ATM or on the machine’s screen.
SoFi Checking and Savings
APY
4.60%SoFi members with Direct Deposit or $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 4.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Direct Deposit amount required to qualify for the stated interest rate. Members without either Direct Deposit or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 10/24/2023. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.
EverBank Performance℠ Savings
Barclays Tiered Savings Account
APY
4.80%1.00% APY for <$10k balance; 4.40% APY for $10k to <$50k balance; 4.50% APY for $50k to <$250k; 4.80% APY for $250k+ balance
Min. balance for APY
$250,000
These cash accounts combine services and features similar to checking, savings and/or investment accounts in one product. Cash management accounts are typically offered by non-bank financial institutions.
These cash accounts combine services and features similar to checking, savings and/or investment accounts in one product. Cash management accounts are typically offered by non-bank financial institutions.
5.50%*Current promotional rate; annual percentage yield (variable) is 5.50% as of 4/2/24, plus a .50% boost available as a special offer with qualifying deposit. Terms apply; if the base APY increases or decreases, you’ll get the .75% boost on the updated rate. Cash Reserve is only available to clients of Betterment LLC, which is not a bank; cash transfers to program banks conducted through clients’ brokerage accounts at Betterment Securities.
CDs (certificates of deposit) are a type of savings account with a fixed rate and term, and usually have higher interest rates than regular savings accounts.
CDs (certificates of deposit) are a type of savings account with a fixed rate and term, and usually have higher interest rates than regular savings accounts.
Marcus by Goldman Sachs High-Yield CD
APY
5.10%5.10% APY (annual percentage yield) as of 08/09/2024
Bask Bank CD
APY
5.00%The annual percentage yield is effective as of Tuesday, August 13, 2024. APY is a fixed rate and a $1,000 minimum balance is required. Bask Bank will pay this rate and APY through your CD maturity date. Fees could reduce the earnings on your account, and an early withdrawal penalty may be imposed for early withdrawal. If your CD is not funded with at least $1,000 within 10 business days after the date the account is opened, it will automatically be closed. Read the full terms here: https://www.baskbank.com/terms-and-disclosures.pdf
Marcus by Goldman Sachs High-Yield CD
APY
5.00%5.00% APY (annual percentage yield) as of 08/09/2024
Checking accounts are used for day-to-day cash deposits and withdrawals.
Checking accounts are used for day-to-day cash deposits and withdrawals.
Money market accounts pay rates similar to savings accounts and have some checking features.
Money market accounts pay rates similar to savings accounts and have some checking features.
Discover® Money Market Account
Is my bank part of the MoneyPass network?
Check your bank’s website or mobile app for ATM information, such as the number of fee-free machines or an ATM locator tool. Banks that provide fee-free ATM access through a third-party network might not specify which network, but many do. Third-party ATM networks include MoneyPass, Allpoint and Co-Op, among others. Some banks and credit unions may provide ATM fee reimbursements as a perk.
Can I deposit money at a MoneyPass ATM?
Some MoneyPass ATMs accept deposits — letting you add cash or a check to your bank account — but it’s also up to your bank or other financial institution to offer deposit-accepting MoneyPass ATMs as part of their services.
Can I get reimbursed if a MoneyPass ATM charges me a fee?
If your bank is part of the MoneyPass network, you generally can be reimbursed for the fee amount you were charged. You might need to reach out to your bank and provide information such as the date and time of the ATM transaction and the ATM’s address, which you might find on the receipt.
Notable banks and others that use the MoneyPass network
Some major online banks and other financial institutions, including neobanks — or nonbank fintech firms — are part of the MoneyPass ATM network. This list isn’t exhaustive, but institutions mentioned offer their customers fee-free access to this ATM network. Click to read reviews for each institution:
What to know about neobanks
A neobank such as Chime is a third-party banking technology platform that partners with banks to provide accounts to customers. Funds deposited at a neobank are ultimately held at the partner banks. The funds are FDIC insured in the event of the partner bank’s failure and only if the neobank maintained accurate deposit records. (Learn more about how neobanks work.)
See more information from Chime®
Chime says: “Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.”
