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Stock impact report

What is the Allpoint ATM network? [Yahoo! Finance]

Ally Financial Inc. (ALLY) 
Last ally financial inc. earnings: 4/20 07:30 am Check Earnings Report
US:NYSE Investor Relations: ally.com/about/investor
Company Research Source: Yahoo! Finance
The Allpoint Network is a network of over 55,000 ATMs worldwide that provides no-fee cash to many consumers. In other words, if your bank, credit union, or prepaid card provider uses the Allpoint Network, you have a way to get cash from an ATM without being nickel and dimed. It's also handy if you bank with an online bank that doesn't offer physical branches or its own ATM locations but belongs to the Allpoint Network. ATM fees can vary depending on the bank, the location, and the ATM network it's associated with, but it's common to spend $2 to $4 to take out cash from an ATM. If you have a $2 charge on a $20 bill, 10% of the money you're about to put in your pocket just went to a bank fee So, if you regularly take out cash from an ATM, it's important to know how to avoid ATM fees and whether your bank belongs to a surcharge-free ATM network. Considering that Allpoint is the largest network, you may want to know more about how it works. This embedded content is not available Show less Read more
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