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Gobank by Greendot - online banking with debit card

Old Jun 28, 2013, 3:20 pm
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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!
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Gobank by Greendot - online banking with debit card

Old Aug 14, 2013, 8:35 pm
  #1381  
 
Join Date: Dec 2012
Location: JFK
Programs: *$ Gold :)
Posts: 1,061
Originally Posted by michael21
I'm sorry I can't seem to find the limits for depositing into GoBank. I think I read max balance is $50,000. How much can you load a day?

I beleive it is $1999 per machine at walmart but can I go to a few walmarts and do $1999 a few times?
2.5K a day

"We allow between $20 (minimum) and $1,100 (maximum) per transaction.
The maximum you can deposit in one day is $2,500."

Last edited by pier11; Aug 15, 2013 at 5:12 am
pier11 is offline  
Old Aug 15, 2013, 7:09 am
  #1382  
 
Join Date: Mar 2007
Location: GA
Programs: SPG Gold
Posts: 186
yes, GB sucks
alik99 is offline  
Old Aug 15, 2013, 7:42 am
  #1383  
 
Join Date: May 2013
Posts: 128
GoBank has an update to their app on the iPhone however I have not updated yet because I am scared in the update, it will take away the ability to add accounts under the same company.
oracles4444 is offline  
Old Aug 15, 2013, 9:26 am
  #1384  
 
Join Date: Mar 2013
Location: Down South, The Desert
Programs: Marriot Rewards, Southwest Rapid rewards, Emerald Club, Avis Preferred
Posts: 1,871
Originally Posted by KYBOSH
Did this really need its own thread???
Why not post this observation in the GoBank thread?
Wait. What did I miss here?
TheDapperDon is offline  
Old Aug 15, 2013, 9:34 am
  #1385  
 
Join Date: Dec 2012
Location: JFK
Programs: *$ Gold :)
Posts: 1,061
Originally Posted by TheDapperDon
Wait. What did I miss here?
It's hard to explain now, but one insignificant thread had been merged into this by mods. So that message you are replying to is from that thread Just forget about it.
pier11 is offline  
Old Aug 15, 2013, 9:44 am
  #1386  
 
Join Date: Mar 2013
Location: Down South, The Desert
Programs: Marriot Rewards, Southwest Rapid rewards, Emerald Club, Avis Preferred
Posts: 1,871
Originally Posted by pier11
It's hard to explain now, but one insignificant thread had been merged into this by mods. So that message you are replying to is from that thread Just forget about it.
Lol, I figured it out a few seconds after posting this reply.
TheDapperDon is offline  
Old Aug 15, 2013, 10:56 am
  #1387  
 
Join Date: Feb 2013
Posts: 801
Wait...where am I?
WhateverDude is offline  
Old Aug 15, 2013, 11:03 am
  #1388  
 
Join Date: Apr 2013
Posts: 417
Originally Posted by WhateverDude
Wait...where am I?
At CVS register. There are 20 angry people in line behind you.
Make a quick decision what to buy...
LoveMountains is offline  
Old Aug 15, 2013, 12:03 pm
  #1389  
 
Join Date: Feb 2013
Posts: 801
Originally Posted by LoveMountains
At CVS register. There are 20 angry people in line behind you.
Make a quick decision what to buy...
F 'em. I'll take 25 VRs, each loaded with random amounts. Oh and a snickers!
WhateverDude is offline  
Old Aug 15, 2013, 12:31 pm
  #1390  
 
Join Date: Mar 2013
Location: Down South, The Desert
Programs: Marriot Rewards, Southwest Rapid rewards, Emerald Club, Avis Preferred
Posts: 1,871
Originally Posted by WhateverDude
F 'em. I'll take 25 VRs, each loaded with random amounts. Oh and a snickers!
I'm doing the same thing, and all with different credit cards.
TheDapperDon is offline  
Old Aug 15, 2013, 1:16 pm
  #1391  
 
Join Date: Jun 2012
Posts: 78
Originally Posted by TheDapperDon
I'm doing the same thing, and all with different credit cards.
And if you don't mind, I don't trust machines. I'd like to read the numbers off of the cards to you one by one.
michael21 is offline  
Old Aug 15, 2013, 2:48 pm
  #1392  
 
Join Date: Mar 2006
Location: Chicago
Programs: Mileage Plus, Rapid Rewards
Posts: 949
Originally Posted by oracles4444
GoBank has an update to their app on the iPhone however I have not updated yet because I am scared in the update, it will take away the ability to add accounts under the same company.
No needs to fear! I just added my 3rd Chase account after updating.
CMHFlyerOH is offline  
Old Aug 15, 2013, 3:01 pm
  #1393  
 
Join Date: May 2013
Posts: 128
Originally Posted by CMHFlyerOH
No needs to fear! I just added my 3rd Chase account after updating.
Thanks for the data point, i will now update lol
oracles4444 is offline  
Old Aug 17, 2013, 11:32 am
  #1394  
 
Join Date: Nov 2012
Location: SAN
Posts: 152
Has anyone with accounts still open put money in their vault? I'm wondering if this makes you look more like the customer they want. Obviously the vault is stupid, but perhaps it couldn't hurt to transfer some money in there from time to time.

Also, data points:
2 accounts still open

GB1: June 1K loads; July 8.5K; Aug 1.5K. No DD or swipes. 4 bill pays to liquidate. $0 monthly fee
GB2: June 1K loads; July 5.5K; Aug 1.5K. No DD or swipes. 3 bill pays to liquidate. $0 monthly fee

I just setup AP and Fidelity to add these accounts for DD in case that will help in the future. I'm also going to add in a few swipes for good measure. It would be great to keep these accounts around 5k/mo each if possible since the WM kiosks always give me trouble doing MO and I don't like to wait in the line for CS to do MO.

Last edited by iminsandiego; Aug 17, 2013 at 1:32 pm
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Old Aug 17, 2013, 2:23 pm
  #1395  
 
Join Date: Jan 2013
Location: NYC
Posts: 415
Originally Posted by iminsandiego
Has anyone with accounts still open put money in their vault? I'm wondering if this makes you look more like the customer they want. Obviously the vault is stupid, but perhaps it couldn't hurt to transfer some money in there from time to time.

Also, data points:
2 accounts still open

GB1: June 1K loads; July 8.5K; Aug 1.5K. No DD or swipes. 4 bill pays to liquidate. $0 monthly fee
GB2: June 1K loads; July 5.5K; Aug 1.5K. No DD or swipes. 3 bill pays to liquidate. $0 monthly fee

I just setup AP and Fidelity to add these accounts for DD in case that will help in the future. I'm also going to add in a few swipes for good measure. It would be great to keep these accounts around 5k/mo each if possible since the WM kiosks always give me trouble doing MO and I don't like to wait in the line for CS to do MO.
Doubt it. Seems like once you trip a certain threshold, they can you. No way of knowing what that is. It seems like they set the traps once a month. I have been loading much bigger numbers, and always get a month in before shutdown... I'm running out of cards
mittenfingerz is offline  

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