Jun 28, 2013, 3:20 pm
Last edit by: ChrisFlyer66
Moderator note: A new thread for 2016 is here: http://www.flyertalk.com/forum/manufactured-spending/1738030-gobank-greendot-online-banking-debit-card-2016-a.html
Do NOT let Rite-Aid scan the GoBank barcode. You will be charged, but your funds won't load. It is a PIA to get your funds back.
Want to stay active? Be sure to only load when your balance is at or close to 0. Continuing to load when you have funds in there seems to be a no no. Swipes are recommended, but there are folks active that don't swipe.
Lots of $200 loads can get you shutdown. GoBank does not like paying load fees on low denomination loads. Two $500 loads is better than five $200 loads.
Shut down reports:
Please list your load/spend/billpay details (in a single statement/lifetime?) e.g.,
type of load, number of loads, denomination of your gc or mp, amount of your billpay, any actual swipe/dd?
lad2 (closed) - May: $2.7K 9 loads 5DDs - June: $5.5K 5 loads 6DDs - July: $4.6K 6 loads 1DD - August $9.9K 19 loads 1DD - no swipes
TheDapperDon (open) June $4.5k 5 loads. All GCs. 1 swipe. Everything else BP to CC. 1500 most loaded in one day .July - $3489 5 loads. All GCs. Several swipes. No load until below $20 or so remaining.
raghu455 (closed) May $2k 4 loads, june $7k all GCs. All BP to CC.
drdrew450 (closed) 17K in loads, unloaded all through bill pay, less than a month
cuebert (closed) $4.5k in 9 MP loads, BP out. That was fast.
sgideons (closed) May $7k 17 loads, june $17k 27 loads, july $5k 6 loads, september $3.5k 4 loads. Unloaded 90% ACH pull, 5% PP to self, 5% bill pay tool. Closed on September statement date.
MDWCommuter (closed): June only, $8k in 60 loads, all GC. $2k is most loaded in one day. Wrote 2 BP to CC checks, no ATM, no MP loads, no ACH pull, no DD, always carried at least a $1k balance
ArtemK (closed): 1st month - 5/21 - 6/21 - loaded $6,700, 6/21 - 6/30 - $4K loaded, all via GCs. Unloaded all via BP to Citi and Chase. No ATM, no MP loads, no ACH pull, no DD, no swipes.
rdover1 (Closed): 1st month - $23.6k loaded (WM GC), ~$1k spend, rest bill pay (mostly to CC)
rdover1 2nd card (closed): Closed mid cycle, survived 1st month. No bill pay, only MO. Never loaded over ~$4k. Total activity ~$12k.
T3pleShot (closed): 7k in loads at WMT, 10 loads, mostly $500, some $200, $4k billpay to CC, 5 swipes totaling about $25.
ctbarron (open): Month1 - $3.8k loaded, all bill pay out, 1 swipe; Month2 - $3.7k loaded, all bill pay out, few swipes and an ATM WD; Month3 - $4.2k loaded, all bill pay out, few swipes and an ATM WD. Zero membership fee, usually a balance of under $150.
americanindian (closed)- closed after 3 months today. had about 7.5k deposit each month, with lots of small value(<$20) purchases each month. liquidated mostly using bill pay.
rodsren (closed)- the dapperdon warned me. I was closed today after less than 5,500 or loaaing in less than 3 weeks (was going to try to keep it to 7,500 - 10,000 but didn't luck out.)
binnycode (closed, re-opened) - 7x $200 loads + 1x $700 load + 3x $500 over 2 days got me shut down. Called CSR and they re-opened my account, letting me know that "direct deposit would reduce my number of trips to walmart" lol!
Do NOT let Rite-Aid scan the GoBank barcode. You will be charged, but your funds won't load. It is a PIA to get your funds back.
Want to stay active? Be sure to only load when your balance is at or close to 0. Continuing to load when you have funds in there seems to be a no no. Swipes are recommended, but there are folks active that don't swipe.
Lots of $200 loads can get you shutdown. GoBank does not like paying load fees on low denomination loads. Two $500 loads is better than five $200 loads.
Shut down reports:
Please list your load/spend/billpay details (in a single statement/lifetime?) e.g.,
type of load, number of loads, denomination of your gc or mp, amount of your billpay, any actual swipe/dd?
lad2 (closed) - May: $2.7K 9 loads 5DDs - June: $5.5K 5 loads 6DDs - July: $4.6K 6 loads 1DD - August $9.9K 19 loads 1DD - no swipes
TheDapperDon (open) June $4.5k 5 loads. All GCs. 1 swipe. Everything else BP to CC. 1500 most loaded in one day .July - $3489 5 loads. All GCs. Several swipes. No load until below $20 or so remaining.
raghu455 (closed) May $2k 4 loads, june $7k all GCs. All BP to CC.
drdrew450 (closed) 17K in loads, unloaded all through bill pay, less than a month
cuebert (closed) $4.5k in 9 MP loads, BP out. That was fast.
sgideons (closed) May $7k 17 loads, june $17k 27 loads, july $5k 6 loads, september $3.5k 4 loads. Unloaded 90% ACH pull, 5% PP to self, 5% bill pay tool. Closed on September statement date.
MDWCommuter (closed): June only, $8k in 60 loads, all GC. $2k is most loaded in one day. Wrote 2 BP to CC checks, no ATM, no MP loads, no ACH pull, no DD, always carried at least a $1k balance
ArtemK (closed): 1st month - 5/21 - 6/21 - loaded $6,700, 6/21 - 6/30 - $4K loaded, all via GCs. Unloaded all via BP to Citi and Chase. No ATM, no MP loads, no ACH pull, no DD, no swipes.
rdover1 (Closed): 1st month - $23.6k loaded (WM GC), ~$1k spend, rest bill pay (mostly to CC)
rdover1 2nd card (closed): Closed mid cycle, survived 1st month. No bill pay, only MO. Never loaded over ~$4k. Total activity ~$12k.
T3pleShot (closed): 7k in loads at WMT, 10 loads, mostly $500, some $200, $4k billpay to CC, 5 swipes totaling about $25.
ctbarron (open): Month1 - $3.8k loaded, all bill pay out, 1 swipe; Month2 - $3.7k loaded, all bill pay out, few swipes and an ATM WD; Month3 - $4.2k loaded, all bill pay out, few swipes and an ATM WD. Zero membership fee, usually a balance of under $150.
americanindian (closed)- closed after 3 months today. had about 7.5k deposit each month, with lots of small value(<$20) purchases each month. liquidated mostly using bill pay.
rodsren (closed)- the dapperdon warned me. I was closed today after less than 5,500 or loaaing in less than 3 weeks (was going to try to keep it to 7,500 - 10,000 but didn't luck out.)
binnycode (closed, re-opened) - 7x $200 loads + 1x $700 load + 3x $500 over 2 days got me shut down. Called CSR and they re-opened my account, letting me know that "direct deposit would reduce my number of trips to walmart" lol!
Gobank by Greendot - online banking with debit card
Sep 4, 2013, 11:38 am
#1501
Join Date: Oct 2012
Location: San Jose, CA
Programs: UA Silver, Marriot Platinum, Hyatt Platinum
Posts: 28
Just logged onto my account and it still seems to be in working order. Opened the account in late May but have only pushed a little under $10k. All billpay, no swipes. We'll see if I get swept up in the current wave.
Sep 4, 2013, 1:34 pm
#1505
Join Date: May 2013
Posts: 76
Just added mine up - $43k over 4 months. All billpay and ATM. Walmart will miss seeing me...
Sep 4, 2013, 1:52 pm
#1506
Join Date: Mar 2013
Location: Down South, The Desert
Programs: Marriot Rewards, Southwest Rapid rewards, Emerald Club, Avis Preferred
Posts: 1,871
Well, I'm still open. That's what's worked for me. I'm going to swipe, load up to 1k at a time, BP, and go slow. It's a small MS play.
We don't know what's true, because we don't have info directly from the company. We can only go by anecdotal evidence.
We don't know what's true, because we don't have info directly from the company. We can only go by anecdotal evidence.
Sep 4, 2013, 2:34 pm
#1507
Join Date: Aug 2009
Location: ORD, LAS
Programs: AA-EXP, BAEC Silver, Hyatt-Globalist, Hilton-gold, SPG-gold
Posts: 855
Closed today. Only loaded a few hundred dollars in the past 2 months. Had previously loaded about 2k. I had lots of swipes and only 2 bill pay. I thought I was taking it slow. Oh well. Good luck to those still open.
Sep 4, 2013, 2:38 pm
#1508
Join Date: Mar 2013
Location: Down South, The Desert
Programs: Marriot Rewards, Southwest Rapid rewards, Emerald Club, Avis Preferred
Posts: 1,871
Were you loading multiple times before bill paying or swiping? How high was your balance before they shut you down?
Sep 4, 2013, 2:45 pm
#1509
Join Date: Jan 2013
Location: LAX, SNA
Posts: 359
My account is still active. I'm midcycle of the 3rd month of having the account. I've loaded between 4.5k-5k each month. I loaded 5k this month. I've always had my balance at 0 before reloading again. I usually load 1-2k each time and then just do an ACH pull.
Sep 4, 2013, 2:56 pm
#1510
Join Date: Mar 2013
Location: Down South, The Desert
Programs: Marriot Rewards, Southwest Rapid rewards, Emerald Club, Avis Preferred
Posts: 1,871
I was a proponent of the theory of loading under 5k and most likely your account will stay open. However, this does not seem to be the case as more than one person has reported being shutdown even after loading less than 5k. I think the more you load, there is greater chance of being shutdown, but there does not seem to be a floor for avoiding a shutdown. While others have suggested going all in within the first month, there is a chance they will shut you down mid cycle.
My account is still active. I'm midcycle of the 3rd month of having the account. I've loaded between 4.5k-5k each month. I loaded 5k this month. I've always had my balance at 0 before reloading again. I usually load 1-2k each time and then just do an ACH pull.
My account is still active. I'm midcycle of the 3rd month of having the account. I've loaded between 4.5k-5k each month. I loaded 5k this month. I've always had my balance at 0 before reloading again. I usually load 1-2k each time and then just do an ACH pull.
Sep 4, 2013, 4:08 pm
#1511
Join Date: Aug 2012
Posts: 367
I was a proponent of the theory of loading under 5k and most likely your account will stay open. However, this does not seem to be the case as more than one person has reported being shutdown even after loading less than 5k. I think the more you load, there is greater chance of being shutdown, but there does not seem to be a floor for avoiding a shutdown. While others have suggested going all in within the first month, there is a chance they will shut you down mid cycle.
My account is still active. I'm midcycle of the 3rd month of having the account. I've loaded between 4.5k-5k each month. I loaded 5k this month. I've always had my balance at 0 before reloading again. I usually load 1-2k each time and then just do an ACH pull.
My account is still active. I'm midcycle of the 3rd month of having the account. I've loaded between 4.5k-5k each month. I loaded 5k this month. I've always had my balance at 0 before reloading again. I usually load 1-2k each time and then just do an ACH pull.
Sep 4, 2013, 5:43 pm
#1512
Join Date: Aug 2009
Location: ORD, LAS
Programs: AA-EXP, BAEC Silver, Hyatt-Globalist, Hilton-gold, SPG-gold
Posts: 855
I was loading 100-200 dollars at a time. I was never loading days in a row. I swiped my card many (>30 times). I did 2 large bill pays (1K). I have no idea what triggered the shutdown.
Sep 4, 2013, 9:56 pm
#1515
Join Date: Feb 2013
Posts: 170
GoBank is unpredictable compared to Bluebird which has clear rules and their system will not allow to deviate. Therefore most prefer Bluebird and only after those monthly limits are met, MVD & GB are considered as second available alternatives.
With fuel points now stopped and VR availability improved and limits increased, VR to MVD may appear more attractive for limited activity over VGC to GB.
With fuel points now stopped and VR availability improved and limits increased, VR to MVD may appear more attractive for limited activity over VGC to GB.