Jan 10, 2016, 7:37 pm
Last edit by: radonc1
As of 9/18/21: WM loads are no longer free. WM will charge each load (no matter what the size) $3.74 in addition to the money being deposited into your Go Bank account.
GoBank fees and limits:
Cash deposits are limited to $2,500 per day and $3,000 per 30 days, subject to a maximum account balance of $50,000.
The monthly fee will accumulate if the account is dormant. You must call the phone number on the back to close the account.
5/29/19 - There may be a difference in which card gets free loads at WM. Getting the card online through GoBank.com sends out a Visa version. This card may not allow free loads at WM. Reports are that getting the card directly at WM will result in free loads. If anyone can confirm this, please do so.
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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!
tarcapone (open) old version opened October 2014 still alive February 2016. Load $1k/week ($4-$5K per month) nearly every Monday morning. Bill pay out large chunks to Credit cards. (Open) new version Opened November 2015 load $1K per week, but skipping a week each month. Bill pay out large chunks. My $1K/week is always one transaction (2x$500GC).
GoBank fees and limits:
Cash deposits are limited to $2,500 per day and $3,000 per 30 days, subject to a maximum account balance of $50,000.
- Sign up online & through the GoBank app FREE
- Sign up with a starter kit from participating retail stores Purchase a starter kit at a participating retail location ($2.95 or less) + start your account for as little as $20, up to $500
- Monthly Membership FREE in any month that you make qualifying direct deposits totaling at least $500. Otherwise, $8.95 per month. For more details on the Monthly Membership fee
Keep in mind the maximum number of swipes for payment when loading prepaid reloadables including GoBank is THREE. Swiping the prepaid card is considered as FIRST swipe so it leaves you with THREE remaining swipes so plan accordingly.
The monthly fee will accumulate if the account is dormant. You must call the phone number on the back to close the account.
5/29/19 - There may be a difference in which card gets free loads at WM. Getting the card online through GoBank.com sends out a Visa version. This card may not allow free loads at WM. Reports are that getting the card directly at WM will result in free loads. If anyone can confirm this, please do so.
-----------------------------
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!
tarcapone (open) old version opened October 2014 still alive February 2016. Load $1k/week ($4-$5K per month) nearly every Monday morning. Bill pay out large chunks to Credit cards. (Open) new version Opened November 2015 load $1K per week, but skipping a week each month. Bill pay out large chunks. My $1K/week is always one transaction (2x$500GC).
Gobank by Greendot - online banking with debit card(2016 onwards)
Oct 7, 2021, 5:31 pm
#1561
Join Date: Jan 2014
Location: Triangle
Posts: 32
I'm still going to Wally World, but without GB cards in my pocket. I'll pay the $1 for a $999 MO vs. the $3.74 stupidity per $500 load. I've got one finger to point GB on where to go, given my accounts are at $0.00 since 9/21. Go2 not in my future, they get the finger on my other hand.
Oct 7, 2021, 5:46 pm
#1562
Join Date: Mar 2007
Location: S Cal
Programs: AA Lifetime Plat, United Silver, Marriott Plat, IHG Plat
Posts: 1,142
What's the feeling about GB direct deposits for October?
I've long been doing direct deposits of $500 to keep the monthly fee at zero. They typically drop in around the 21st of the month. My monthly GB membership fee looks like it's usually billed somewhere between the 11th and the 13th of the month. This means that the membership fee for October hasn't arrived yet, but it should again be zero because I did have that $500 direct deposit in September.
Is a direct deposit necessary in October if I have no intention of activating the new GB card?
I've long been doing direct deposits of $500 to keep the monthly fee at zero. They typically drop in around the 21st of the month. My monthly GB membership fee looks like it's usually billed somewhere between the 11th and the 13th of the month. This means that the membership fee for October hasn't arrived yet, but it should again be zero because I did have that $500 direct deposit in September.
Is a direct deposit necessary in October if I have no intention of activating the new GB card?
Oct 8, 2021, 4:35 pm
#1563
Join Date: Dec 2013
Posts: 3,499
What's the feeling about GB direct deposits for October?
I've long been doing direct deposits of $500 to keep the monthly fee at zero. They typically drop in around the 21st of the month. My monthly GB membership fee looks like it's usually billed somewhere between the 11th and the 13th of the month. This means that the membership fee for October hasn't arrived yet, but it should again be zero because I did have that $500 direct deposit in September.
Is a direct deposit necessary in October if I have no intention of activating the new GB card?
I've long been doing direct deposits of $500 to keep the monthly fee at zero. They typically drop in around the 21st of the month. My monthly GB membership fee looks like it's usually billed somewhere between the 11th and the 13th of the month. This means that the membership fee for October hasn't arrived yet, but it should again be zero because I did have that $500 direct deposit in September.
Is a direct deposit necessary in October if I have no intention of activating the new GB card?
Oct 15, 2021, 6:31 pm
#1564
Join Date: Feb 2016
Posts: 825
It seems the account will close on 11/10/21 unless you renew. I have a zero balance right now and if the monthly fee comes up before 11/10 then i might have to pay that to GB before I can close it. are you planning to close or let it close past 11/10. not sure if there is a way to close it on your own that way there wont be any fee.
Any luck with no fee at WM so i can do some last minute loading?
or them boys(GB) are not budging with the fee? and they want their fair share
Any luck with no fee at WM so i can do some last minute loading?
or them boys(GB) are not budging with the fee? and they want their fair share
Oct 16, 2021, 7:40 am
#1565
Join Date: Mar 2005
Programs: Continental Onepass, Hilton, Marriott, USAir and now UA
Posts: 6,416
It seems the account will close on 11/10/21 unless you renew. I have a zero balance right now and if the monthly fee comes up before 11/10 then i might have to pay that to GB before I can close it. are you planning to close or let it close past 11/10. not sure if there is a way to close it on your own that way there wont be any fee.
Any luck with no fee at WM so i can do some last minute loading?
or them boys(GB) are not budging with the fee? and they want their fair share
Any luck with no fee at WM so i can do some last minute loading?
or them boys(GB) are not budging with the fee? and they want their fair share
Unfortunately, WM will not let me deposit $990 at one time into Go. The denial slip said that the amount exceeded the one time deposit maximum. While my cashier was willing to input a lower amount , I was not. I felt that paying $3.95 for a $1000 GC and $3.74 for a deposit fee was no different than paying $3.95 for 2 $500 GCs with no deposit fee. But if the deposit limit is $500 (which it probably is
) than I might as well use my BB Visa and deep six Go.Maybe someone can convince me that my thinking is wrong.
I did allow one more DD to fall in October. All monies will be withdrawn and the account closed officially next month.
Oct 17, 2021, 9:33 pm
#1566
Join Date: Dec 2013
Posts: 3,499
It seems the account will close on 11/10/21 unless you renew. I have a zero balance right now and if the monthly fee comes up before 11/10 then i might have to pay that to GB before I can close it. are you planning to close or let it close past 11/10. not sure if there is a way to close it on your own that way there wont be any fee.
Any luck with no fee at WM so i can do some last minute loading?
or them boys(GB) are not budging with the fee? and they want their fair share
Any luck with no fee at WM so i can do some last minute loading?
or them boys(GB) are not budging with the fee? and they want their fair share
Oct 17, 2021, 9:34 pm
#1567
Join Date: Dec 2013
Posts: 3,499
I tried this past week to deposit $995 into Go and was charged the $3.74.
Unfortunately, WM will not let me deposit $990 at one time into Go. The denial slip said that the amount exceeded the one time deposit maximum. While my cashier was willing to input a lower amount , I was not. I felt that paying $3.95 for a $1000 GC and $3.74 for a deposit fee was no different than paying $3.95 for 2 $500 GCs with no deposit fee. But if the deposit limit is $500 (which it probably is ) than I might as well use my BB Visa and deep six Go.
Maybe someone can convince me that my thinking is wrong.
I did allow one more DD to fall in October. All monies will be withdrawn and the account closed officially next month.
Unfortunately, WM will not let me deposit $990 at one time into Go. The denial slip said that the amount exceeded the one time deposit maximum. While my cashier was willing to input a lower amount , I was not. I felt that paying $3.95 for a $1000 GC and $3.74 for a deposit fee was no different than paying $3.95 for 2 $500 GCs with no deposit fee. But if the deposit limit is $500 (which it probably is
) than I might as well use my BB Visa and deep six Go.Maybe someone can convince me that my thinking is wrong.
I did allow one more DD to fall in October. All monies will be withdrawn and the account closed officially next month.
Oct 18, 2021, 7:32 am
#1568
Join Date: Mar 2005
Programs: Continental Onepass, Hilton, Marriott, USAir and now UA
Posts: 6,416
This means to me that the limits are being placed by WM, not Go, if I can believe the "help line".
I was unable to find anywhere on-line a defined maximum load limit for cash deposits. In fact, the WM web site still says that cash deposits at WM are free
However, it also says that cash deposit limits may apply.
Clarity does not appear to be a feature of either Go or WM
Oct 19, 2021, 2:18 am
#1569
Join Date: Dec 2013
Posts: 3,499
Interesting since I called the Go "help line" and was told that Go has no limit on the amount of cash one can deposit at one time, up to the limits stated in the T&Cs
This means to me that the limits are being placed by WM, not Go, if I can believe the "help line".
I was unable to find anywhere on-line a defined maximum load limit for cash deposits. In fact, the WM web site still says that cash deposits at WM are free
However, it also says that cash deposit limits may apply.
Clarity does not appear to be a feature of either Go or WM
This means to me that the limits are being placed by WM, not Go, if I can believe the "help line".
I was unable to find anywhere on-line a defined maximum load limit for cash deposits. In fact, the WM web site still says that cash deposits at WM are free
However, it also says that cash deposit limits may apply.
Clarity does not appear to be a feature of either Go or WM
Oct 19, 2021, 2:28 pm
#1570
Join Date: Feb 2016
Posts: 825
I buried my 2 card live yesterday. Not waiting till they automatically close and fee might kick in. called them and have them close the account. This is over. Have had this card for long time.
Oct 30, 2021, 11:20 pm
#1571
Join Date: Dec 2013
Posts: 3,499
Based on a recent email it looks like Gobank is extending the need to activate the go2bank card until Nov 10th. I tried calling the GoBank customer service to see if that now means that we can still use the GoBank card untiil Nov 10th and he said yes. I don't know what to believe or just assume I need to zero out account by Oct 31st. I would love to see the ability to use my my Gobank card until Nov 10th because I would like to use this card a little more time before I dump this card. Does anyone else have the same understanding?
Last edited by ericdabbs; Oct 31, 2021 at 12:49 pm
Oct 31, 2021, 7:45 pm
#1572
Join Date: Mar 2005
Programs: Continental Onepass, Hilton, Marriott, USAir and now UA
Posts: 6,416
Based on a recent email it looks like Gobank is extending the need to activate the go2bank card until Nov 10th. I tried calling the GoBank customer service to see if that now means that we can still use the GoBank card untiil Nov 10th and he said yes. I don't know what to believe or just assume I need to zero out account by Oct 31st. I would love to see the ability to use my my Gobank card until Nov 10th because I would like to use this card a little more time before I dump this card. Does anyone else have the same understanding?
I was not. As far as I know, as long as my employer keeps plopping $500 a month into the account, it will stay open. I did deposit $500 on 10/25 so as far as I know, my Go account should remain open until at least 11/25. It is still charging $3.74 at WM for a maximum $500 deposit, but at the cashier, I can still use a SMVGC to fund it.
Given the rapidly changing state of MSing liquidation scenarios, or the lack thereof, I am keeping this option open since I know that I can still use it if desperate. It doesn't cost anything to keep it open.
Nov 3, 2021, 6:53 pm
#1574
Join Date: Dec 2013
Posts: 3,499
Were you forced to switch to Go2?
I was not. As far as I know, as long as my employer keeps plopping $500 a month into the account, it will stay open. I did deposit $500 on 10/25 so as far as I know, my Go account should remain open until at least 11/25. It is still charging $3.74 at WM for a maximum $500 deposit, but at the cashier, I can still use a SMVGC to fund it.
Given the rapidly changing state of MSing liquidation scenarios, or the lack thereof, I am keeping this option open since I know that I can still use it if desperate. It doesn't cost anything to keep it open.
I was not. As far as I know, as long as my employer keeps plopping $500 a month into the account, it will stay open. I did deposit $500 on 10/25 so as far as I know, my Go account should remain open until at least 11/25. It is still charging $3.74 at WM for a maximum $500 deposit, but at the cashier, I can still use a SMVGC to fund it.
Given the rapidly changing state of MSing liquidation scenarios, or the lack thereof, I am keeping this option open since I know that I can still use it if desperate. It doesn't cost anything to keep it open.
Nov 3, 2021, 7:01 pm
#1575
Join Date: Mar 2005
Programs: Continental Onepass, Hilton, Marriott, USAir and now UA
Posts: 6,416
Everyone is being forced to switch to Go2 card and I even have the new Go2 card but haven't activated it yet. Its just right before the end of the month they sent and email update that said that that they are extending the activation period of the Go2Bank card until 11/10. So I called to confirm if this is the case and they said it was. I am still debating on whether to activate the new card since i don't really wanna to have a card where i have to fund with real DD.
They sent me a new Go bank chipped MC card. I have not had any indication that this card was going to become obsolete on 11/11.
Given Go's past performances, I am not saying that on 11/11 my account will be summarily closed, but actually, I have no alternative given that Go has sent me nothing to date.as far as change is concerned
