Move increases number of ATMs open to Discover cards by roughly 50%.By David Morrison | Updated on July 22, 2013 Show Allpoint Network announced this morning that millions of Discover card holders nationwide now have surcharge free ATM access at 43,000 Allpoint branded ATMs across the U.S. Discover offers a number of different credit and debit cards under its own brand as well as under the Diners Club brand. Allpoint is a subsidiary of Cardtronics, the largest independent ATM deployer in the U.S. Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.Your access to unlimited CUTimes.com content isn’t changing. |
ATM withdrawal | |
---|---|
Amount | $500 |
Cash advance fee | $25 |
ATM fee | $3 |
30-day cash advance APR | $3 to $11, depending on creditworthiness and credit card |
Total | $528 to $539 |
Cash advances are a last resort
Given the large number of fees and unforgiving interest rates on cash advances, you should view them strictly as a last resort for cash. You can use our cash advance calculator to determine just how much a cash advance could cost you.
If you think you’re heading into a situation where you’ll need financial help, look at other financial options before you turn to cash advances. Some strong alternatives include 0% APR credit cards and balance transfer credit cards. These cards can help you stay afloat financially and keep interest at bay during the introductory period.
Discover cash advances are expensive. Use them only in emergencies and if you can’t get a cheaper cash option.
If you’re looking for cards with low cash advance fees and interest, compare such credit cards and choose the one that meets your needs.
- Can I make an ATM cash withdrawal
without a PIN?
No, you have to request a PIN or create one yourself before you can use your Discover card at an ATM. - What if I forgot my Discover card PIN?
Log in to your online Discover card account and create a new one. - What is my Discover card cash advance limit?
Your cash advance limit is the same as your card’s available credit limit. - Do cash advances earn reward points?
No, cash advances and balance transfers don’t earn reward points. - What is a cash access line?
A cash access line is essentially your cash advance limit. This is how much cash you’re allowed to withdraw from your credit account.