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
Jun 27, 2013, 2:20 pm
#751
Join Date: Apr 2013
Posts: 417
Any usage connection, i.e. moneypak vs WMT?
Jun 27, 2013, 2:21 pm
#752
Join Date: May 2013
Posts: 939
Maybe staying at the monthly BB levels is the best bet from here on out.
I hope you guys can reapply with a different email address.
I hope you guys can reapply with a different email address.
Jun 27, 2013, 2:26 pm
#753
Join Date: Aug 2004
Location: Seattle
Programs: United Airlines Premier, Starwood Gold Preferred Guest, Hyatt Gold Passport, Club Carlson Gold
Posts: 356
I doubt it, they asked for the SSN when we signed up. Keep in mind that once you're banned from GreenDot, you're banned from other Greendot products as well (Rushcard, Walmart Moneycard, Greendot Reloadable)
Jun 27, 2013, 2:26 pm
#754
Join Date: Mar 2013
Location: Down South, The Desert
Programs: Marriot Rewards, Southwest Rapid rewards, Emerald Club, Avis Preferred
Posts: 1,871
I agree with this sentiment. I'm going to focus on staying right around there, but slightly above. Honestly, it's a pain to to to WM so much anyways. Time to mix in some MOs.
Jun 27, 2013, 2:28 pm
#755
Join Date: Apr 2013
Posts: 417
Do they provide statements on the calendar month or based on the account open day?
I did not have my first statement yet, since I've opened the account on the first week of June.
Jun 27, 2013, 2:31 pm
#756
Join Date: Aug 2004
Location: Seattle
Programs: United Airlines Premier, Starwood Gold Preferred Guest, Hyatt Gold Passport, Club Carlson Gold
Posts: 356
Which begs the question is when GB considers "beginning" / "end" of the month? Calendar month, like BB? Statement-based?
Do they provide statements on the calendar month or based on the account open day?
I did not have my first statement yet, since I've opened the account on the first week of June.
Do they provide statements on the calendar month or based on the account open day?
I did not have my first statement yet, since I've opened the account on the first week of June.
Jun 27, 2013, 2:34 pm
#757
Join Date: Sep 2007
Location: Chicago
Programs: AA, BA, CX, DL, EK, F9, GA, HA, IB, JL, KE, LH, MH, NH, OS, PG, QR, RJ, SA, TG, UA, VN, WN, ZH
Posts: 927
Which begs the question is when GB considers "beginning" / "end" of the month? Calendar month, like BB? Statement-based?
Do they provide statements on the calendar month or based on the account open day?
I did not have my first statement yet, since I've opened the account on the first week of June.
Do they provide statements on the calendar month or based on the account open day?
I did not have my first statement yet, since I've opened the account on the first week of June.
Jun 27, 2013, 2:37 pm
#758
Join Date: Dec 2012
Location: JFK
Programs: *$ Gold :)
Posts: 1,061
Cash load (as they see it) and bill pay is suspicious to them. And from their point they are right. Don't wanna write term for that activity here. Well known.
The question is in volumes of such activity. Some thousands, corresponding to average person's monthly earnings, maybe ok. Tens of thousands appears not.
For AN threshold was even lower if was used at all. But that's a smaller company (I think).
The question is in volumes of such activity. Some thousands, corresponding to average person's monthly earnings, maybe ok. Tens of thousands appears not.
For AN threshold was even lower if was used at all. But that's a smaller company (I think).
Jun 27, 2013, 2:44 pm
#759
Join Date: Apr 2012
Posts: 1,184
Ran amount $15k over two months, fairly steady flow over that time period. Most I ever loaded at once was $1.5k, I believe. Wife's stats were similar.
Jun 27, 2013, 3:47 pm
#761
Join Date: Sep 2012
Location: IAD/DCA
Programs: Bunch of mid-tiers
Posts: 1,034
Sorry to people who've had their accounts closed. Someone mentioned bill pay or ATM to get the remaining money out - I hope everyone gets this option and it isn't the usual multi-week fight that GreenDot puts up.
I've only had mine a few weeks. This makes me way less motivated to bother swiping or other stuff with the card. Maybe just load and bill pay at some lower amount...
I've only had mine a few weeks. This makes me way less motivated to bother swiping or other stuff with the card. Maybe just load and bill pay at some lower amount...
Jun 27, 2013, 4:11 pm
#762
Join Date: Feb 2007
Location: Kansas City, MO
Programs: AA PLT, HH DIA, SPG Gold, Hyatt DIA
Posts: 63
Sorry to people who've had their accounts closed. Someone mentioned bill pay or ATM to get the remaining money out - I hope everyone gets this option and it isn't the usual multi-week fight that GreenDot puts up.
I've only had mine a few weeks. This makes me way less motivated to bother swiping or other stuff with the card. Maybe just load and bill pay at some lower amount...
I've only had mine a few weeks. This makes me way less motivated to bother swiping or other stuff with the card. Maybe just load and bill pay at some lower amount...
Hi there. You closed your account.
Here are a few reminders from the GoBank team:
1. We've transferred your Money Vault funds into your regular account, so you can spend it.
2. You should transfer your remaining money out of GoBank by writing a check to yourself using our PAY feature. (You can also make purchases with your debit card or take cash out at an ATM).
3. You can't deposit money to your account now (including direct deposit, so remember to give new info to your payroll department).
4. You're welcome to still log in and view past transactions and e-statements.
Jun 27, 2013, 4:25 pm
#763
Join Date: Jun 2013
Posts: 293
My first post at FT, as my shut down inspired me to share my situation. I obtained two cards - one for me and one for my wife.
I was shut down last night. I loaded $25.5K for first statement period, and $5K for current period. All loads were done via gift cards at WM, and I loaded at or near $2.5K each time. I used the account to pay credit card bills, home utilities and gardener. No swipes and no MP loads.
My wife's account has not been shut down. Loaded about $8K in current period, and no statement yet as her invite trailed mine by about a week. paid about 4K for a single credit card bill.
Plan is to continue to use her card (assuming my closure does not affect her account), and to not go above $10K per statment period
I was shut down last night. I loaded $25.5K for first statement period, and $5K for current period. All loads were done via gift cards at WM, and I loaded at or near $2.5K each time. I used the account to pay credit card bills, home utilities and gardener. No swipes and no MP loads.
My wife's account has not been shut down. Loaded about $8K in current period, and no statement yet as her invite trailed mine by about a week. paid about 4K for a single credit card bill.
Plan is to continue to use her card (assuming my closure does not affect her account), and to not go above $10K per statment period
Last edited by BigDawgFT; Jun 27, 2013 at 4:34 pm
Jun 27, 2013, 4:34 pm
#764
Join Date: Mar 2013
Posts: 809
rut roh... I better knock it off... The good things never last....
Jun 27, 2013, 4:41 pm
#765
Join Date: Mar 2013
Location: Down South, The Desert
Programs: Marriot Rewards, Southwest Rapid rewards, Emerald Club, Avis Preferred
Posts: 1,871