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 28, 2013, 5:52 pm
#826
Join Date: Dec 2010
Posts: 1,516
My wife's account was closed today as well. Mine is still open. She loaded about $6k last month, mostly did BP and couple of small purchases. My numbers are more bigger, so I expect they will close my account soon.
It looks like GB is conducting a research by measuring how far people will go with loads. If they don't like it - impose a limit as BB did.
It looks like GB is conducting a research by measuring how far people will go with loads. If they don't like it - impose a limit as BB did.
Jun 28, 2013, 5:54 pm
#827
Join Date: May 2013
Posts: 1,153
As long as you don't get yourself in trouble, yes
Now this is the last help I give. Good luck to ya all.
Jun 28, 2013, 7:01 pm
#828
Join Date: Mar 2002
Location: SF Bay area
Posts: 269
Strike early and strike hard is the way to go now. Looking at the AccountNow thread you can find some reported shut-down with just $500. Don't be deterred by some self-righteous one who likes to label others as "greedy", "crazy", or "killing deals".
Jun 28, 2013, 7:50 pm
#829
Join Date: Feb 2011
Programs: HHonors diamond, Hyatt Diamond, SPG Gold, UA Silver, Marriott Silver
Posts: 280
Got the dreaded MSG on both mine and SO Account. Bye bye GB
Hi there. You closed your account.
Here are a few reminders from the GoBank team:
We've transferred your Money Vault funds into your regular account, so you can spend it.
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).
You can't deposit money to your account now (including direct deposit, so remember to give new info to your payroll department).
You're welcome to still log in and view past transactions and e-statements.
If there's an issue with your account, you can send us a message.
Hi there. You closed your account.
Here are a few reminders from the GoBank team:
We've transferred your Money Vault funds into your regular account, so you can spend it.
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).
You can't deposit money to your account now (including direct deposit, so remember to give new info to your payroll department).
You're welcome to still log in and view past transactions and e-statements.
If there's an issue with your account, you can send us a message.
Jun 29, 2013, 8:14 am
#830
Join Date: Jun 2013
Posts: 293
Liquidating My Account
I just set up my last bill pay for my "closed" account. I wrote a check to myself for the remaining balance in my account less $0.01 (as I believe someone else had earlier suggested). Wonder how long my account will remain open until they issue me that last check for $0.01.
Jun 29, 2013, 8:38 am
#831
Join Date: Mar 2013
Location: Down South, The Desert
Programs: Marriot Rewards, Southwest Rapid rewards, Emerald Club, Avis Preferred
Posts: 1,871
Have any of the folks that have been shut down also been shut down for other Green Dot products?
Jun 29, 2013, 8:54 am
#832
Join Date: Apr 2013
Location: The Empire State
Programs: CO (RIP), US (RIP), Amtrak. Lots of CC programs.
Posts: 442
I just started using GB and would rather not get shut down (still dealing with the AccountNow shut down)
Has anyone's account been shut down moving less than $5k/month?
Has anyone's account been shut down moving less than $5k/month?
Jun 29, 2013, 8:58 am
#833
Join Date: Mar 2013
Location: Down South, The Desert
Programs: Marriot Rewards, Southwest Rapid rewards, Emerald Club, Avis Preferred
Posts: 1,871
I've only done 4500, and my account is still open. However, my first statement hasn't cut yet. If I survive my first statement, I'll feel good.
Jun 29, 2013, 8:59 am
#835
Join Date: Mar 2013
Location: Down South, The Desert
Programs: Marriot Rewards, Southwest Rapid rewards, Emerald Club, Avis Preferred
Posts: 1,871
Jun 29, 2013, 9:03 am
#836
Join Date: Mar 2013
Posts: 809
Im unsure of whether to keep loading until they shut me down or lay low and pray they don't. The chances of keeping it open seem very low.
Jun 29, 2013, 9:07 am
#837
Join Date: Apr 2013
Programs: UA MPE, BA Blue, AA, IHG Plat Amb, Marriot Silver, HHonors Silver, National Exec, Avis First
Posts: 553
I have only just started, no statement yet. 4K swipe loads... I'll be pretty sad if this ends after the 1st month!
Jun 29, 2013, 9:08 am
#838
Join Date: Mar 2013
Location: Down South, The Desert
Programs: Marriot Rewards, Southwest Rapid rewards, Emerald Club, Avis Preferred
Posts: 1,871
I'm in the same boat. I expect some Chase GCs in the mail today. I think I will forgo loading them until my statement loads. If I survive that, I will load on Fridays and act like I'm depositing paychecks.
Jun 29, 2013, 9:21 am
#839
Join Date: Apr 2013
Programs: UA MPE, BA Blue, AA, IHG Plat Amb, Marriot Silver, HHonors Silver, National Exec, Avis First
Posts: 553
I also should be receiving some Chase gcs with nowhere else to put them until Mon.
Is there any way to tell when 1st GB statement date is?
Jun 29, 2013, 9:23 am
#840
Join Date: Mar 2013
Posts: 809
Im pretty sure its a month after your initial load. I already had one statement close @ 14K. Next statement will be at 21K, unless I load more. Closes on the 2nd.