Bank Freedom, a wholly owned subsidiary of Prepaid Card Holdings, has joined MoneyPass surcharge-free ATM network.
Previously cardholders paid a surcharge-fee to the owner of the ATM machine every time they withdrew cash.
Bank Freedom cardholders will now have access to over 19,000 surcharge-free MoneyPass ATMs in the US.
Surcharge-fees ranges between $1 and $3.50 per ATM transaction.
Bank Freedom and Prepaid Card Holdings CEO Bruce Berman said that adding the MoneyPass surcharge-free ATM network to Bank Freedom prepaid card programs will save the company’s cardholders money.
“Bank Freedom strives to offer the best prepaid card available and saving our cardholders money is part of Bank Freedom’s mission,” Berman said.
MoneyPass is a network of Elan Financial Services, a provider of ATM and debit card processing solutions for financial institutions, independent sales organizations and retailers.