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 17, 2013, 3:37 am
#1561
Join Date: Feb 2011
Location: CVG
Programs: Hyatt Giraffe
Posts: 1,665
With Chase GCs coming to an end,... it sounds like the kami kazi approach with green dot might be a match made in heavy. Any thoughts here? Should still be able to bill pay out if closed, or check to self?
Sep 17, 2013, 10:17 am
#1562
Used to be garyjr316
Join Date: Feb 2011
Location: LAX or SBA
Programs: AAdvantage, MileagePlus, Gold Passport, Hilton HHonors, Marriott
Posts: 800
I'm really interested to see how this next month goes... with everyone (including myself) hitting the Chase GCs hard I'm sure that GB will see a huge increase in action. Thinking it will probably be logical to just float the GCs as long as I can and slowly liquidate over time. Of course... who knows if that will keep me alive!
Sep 17, 2013, 11:21 am
#1563
Join Date: Nov 2012
Posts: 657
Anyone successful in getting a second card after shutdown? Share how please.
Sep 17, 2013, 12:30 pm
#1564
Join Date: Aug 2011
Location: SFO/SJC
Programs: MR,UR, UA, BA, AA, Hotels
Posts: 581
Sep 17, 2013, 1:07 pm
#1565
Join Date: Jun 2011
Location: Around The World
Programs: ALL :)
Posts: 384
Yes they probably blocked the payment
Sep 17, 2013, 7:24 pm
#1566
Join Date: Aug 2013
Posts: 164
Another one bites the dust.
Closed midway through my second month (WHILE I WAS LOADING AT WM KIOSK).
Total load since 8/7/13: $4,800.00 all GCs $500 or $200. All withdrawals at Allpoint ATMs - $100.00 - $400.00 a day. 2-3 swipes < $15 total. Paid $1 for second month voluntarily.
I'm beginning to suspect that the shutdowns might be related to loading with so many debit cards with different numbers. Being shut down mid-statement seems odd. I would typically load $500-1500 in one day, then unload over 1-4 days after via ATM.
I've been using the wife's card just as hard. Looks like I'll be hitting it as hard as I can over the next week to see how much I can load before the hammer comes down again.
I loved this card because I could buy cash equivalents and then use the ATM to get some much needed cash. My CVS also had an allpoint ATM - that was just silly
Has anyone had any luck calling them to ask why?
Closed midway through my second month (WHILE I WAS LOADING AT WM KIOSK).
Total load since 8/7/13: $4,800.00 all GCs $500 or $200. All withdrawals at Allpoint ATMs - $100.00 - $400.00 a day. 2-3 swipes < $15 total. Paid $1 for second month voluntarily.
I'm beginning to suspect that the shutdowns might be related to loading with so many debit cards with different numbers. Being shut down mid-statement seems odd. I would typically load $500-1500 in one day, then unload over 1-4 days after via ATM.
I've been using the wife's card just as hard. Looks like I'll be hitting it as hard as I can over the next week to see how much I can load before the hammer comes down again.
I loved this card because I could buy cash equivalents and then use the ATM to get some much needed cash. My CVS also had an allpoint ATM - that was just silly
Has anyone had any luck calling them to ask why?
Sep 18, 2013, 6:14 am
#1567
Join Date: Dec 2012
Location: JFK
Programs: *$ Gold :)
Posts: 1,061
WM processes payments with all available means and then direct payment via some prepaid reload system to the recierient. As I understand.
If course several 500 reloads in row might look abnormal enough to GB to just shut account.
Another point. Interesting that they did not even like pure ATM-style pattern. As it has nothing to do with the washing stuff. No money settled/transfered in/to any account. Wierd people
Sep 18, 2013, 3:45 pm
#1568
Join Date: Apr 2011
Posts: 111
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.
Sep 18, 2013, 6:08 pm
#1569
Join Date: Aug 2013
Posts: 164
Called GB support. Was told my "this was a company decision based on your low spend and how the card wasn't being used as it was designed."
Surprised the rep added the part about low spend. I'm wondering if its even possible to load more than 5k/month and stay open if you give them a lot of spend. I wonder how much spend would be needed.
I'm also wondering if, since GoBank is FDIC backed, there are other regulations they also follow that should prevent them from closing bank accounts without specifics given. For almost all of us, we're using the allowed and promoted features of the account. If they decide to change the rules or place limits on load/withdraw, shouldn't they be obligated to tell us this?
Surprised the rep added the part about low spend. I'm wondering if its even possible to load more than 5k/month and stay open if you give them a lot of spend. I wonder how much spend would be needed.
I'm also wondering if, since GoBank is FDIC backed, there are other regulations they also follow that should prevent them from closing bank accounts without specifics given. For almost all of us, we're using the allowed and promoted features of the account. If they decide to change the rules or place limits on load/withdraw, shouldn't they be obligated to tell us this?
Sep 18, 2013, 6:48 pm
#1570
Join Date: May 2013
Posts: 1,153
Called GB support. Was told my "this was a company decision based on your low spend and how the card wasn't being used as it was designed."
Surprised the rep added the part about low spend. I'm wondering if its even possible to load more than 5k/month and stay open if you give them a lot of spend. I wonder how much spend would be needed.
I'm also wondering if, since GoBank is FDIC backed, there are other regulations they also follow that should prevent them from closing bank accounts without specifics given. For almost all of us, we're using the allowed and promoted features of the account. If they decide to change the rules or place limits on load/withdraw, shouldn't they be obligated to tell us this?
Surprised the rep added the part about low spend. I'm wondering if its even possible to load more than 5k/month and stay open if you give them a lot of spend. I wonder how much spend would be needed.
I'm also wondering if, since GoBank is FDIC backed, there are other regulations they also follow that should prevent them from closing bank accounts without specifics given. For almost all of us, we're using the allowed and promoted features of the account. If they decide to change the rules or place limits on load/withdraw, shouldn't they be obligated to tell us this?
Sep 20, 2013, 6:12 pm
#1571
Join Date: Nov 2012
Location: SAN
Posts: 152
Finally shut down today after 3 months. I just checked my total and it's $17k. No swipes, no monthly fee, all bill pay. I spaced loads to about $2500 every 2 weeks.
My wife's card is still in business, but my loads have been much less. Her total is around $11k over 3 months. I'm going to unload all CGC on hand as soon as possible before her shutdown.
I guess it's back to strictly MOs again.
My wife's card is still in business, but my loads have been much less. Her total is around $11k over 3 months. I'm going to unload all CGC on hand as soon as possible before her shutdown.
I guess it's back to strictly MOs again.
Sep 21, 2013, 12:03 am
#1572
Join Date: Jan 2012
Programs: united 1k
Posts: 186
so this is officially dead...
Sep 21, 2013, 4:16 am
#1573
Join Date: Mar 2006
Location: Chicago
Programs: Mileage Plus, Rapid Rewards
Posts: 949
Sep 23, 2013, 12:04 am
#1574
Join Date: Mar 2008
Posts: 14
ACH pull after account closure
saw the dreadful screen that my account was closed today
Any one tried to ACH pull to do bill pay after account closure to empty their accnts?
thanks
Any one tried to ACH pull to do bill pay after account closure to empty their accnts?
thanks
Sep 23, 2013, 7:06 am
#1575
Join Date: Nov 2009
Posts: 432
What are the ways to get your money back? I have been reading so many pages but could find any info on what to do after the account closed.