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.
-----------------------------
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)
Feb 18, 2019, 8:49 pm
#616
Join Date: Aug 2015
Posts: 2,061
$2.5k per day? if those max you stated were ever allowed before, must be a long time ago...definitely not so since last yr.
Feb 18, 2019, 9:35 pm
#617
Join Date: Dec 2014
Posts: 20
Tried to load 48$ at walmart and got the exceeded limit error. I use my card only for residue amounts from MO's. Loaded like 300$ last month at walmart with legit DD from pay check in the amount exceeding 500. So something is definitely going on.
Feb 19, 2019, 5:52 am
#618
Join Date: Jul 2004
Posts: 377
" The maximum you can deposit in cash in one day is $2,500, and the max you can deposit per 30 days is $3,000."
Feb 19, 2019, 7:17 am
#620
Join Date: Sep 2014
Posts: 1,837
https://m.gobank.com/faq/deposit
" The maximum you can deposit in cash in one day is $2,500, and the max you can deposit per 30 days is $3,000."
" The maximum you can deposit in cash in one day is $2,500, and the max you can deposit per 30 days is $3,000."
Feb 19, 2019, 8:52 am
#621
Join Date: Sep 2014
Posts: 1,837
Feb 19, 2019, 10:52 am
#623
Join Date: Aug 2015
Posts: 2,061
with multiple DPs getting error 'exceeded limit', limit may now be hard-coded?
edit: yep, appears that the limit for a 30-day rolling period is implemented / hard-coded; just called & was told that a loading attempt of $300 was rejected yday b/c the acct exceeded the $3k; today, however, a load up to $800 will be possible since a load for the same amount on 1/18 expired
edit: yep, appears that the limit for a 30-day rolling period is implemented / hard-coded; just called & was told that a loading attempt of $300 was rejected yday b/c the acct exceeded the $3k; today, however, a load up to $800 will be possible since a load for the same amount on 1/18 expired
Last edited by danhouston; Feb 19, 2019 at 11:43 am
Feb 19, 2019, 5:13 pm
#624
Join Date: Jul 2016
Location: NY
Posts: 523
with multiple DPs getting error 'exceeded limit', limit may now be hard-coded?
edit: yep, appears that the limit for a 30-day rolling period is implemented / hard-coded; just called & was told that a loading attempt of $300 was rejected yday b/c the acct exceeded the $3k; today, however, a load up to $800 will be possible since a load for the same amount on 1/18 expired
edit: yep, appears that the limit for a 30-day rolling period is implemented / hard-coded; just called & was told that a loading attempt of $300 was rejected yday b/c the acct exceeded the $3k; today, however, a load up to $800 will be possible since a load for the same amount on 1/18 expired
Feb 19, 2019, 8:47 pm
#625
Join Date: Aug 2015
Posts: 2,061
with multiple DPs getting error 'exceeded limit', limit may now be hard-coded?
edit: yep, appears that the limit for a 30-day rolling period is implemented / hard-coded; just called & was told that a loading attempt of $300 was rejected yday b/c the acct exceeded the $3k; today, however, a load up to $800 will be possible since a load for the same amount on 1/18 expired
edit: yep, appears that the limit for a 30-day rolling period is implemented / hard-coded; just called & was told that a loading attempt of $300 was rejected yday b/c the acct exceeded the $3k; today, however, a load up to $800 will be possible since a load for the same amount on 1/18 expired
Feb 20, 2019, 4:30 am
#626
Join Date: Jul 2014
Location: Madison,Wi.
Posts: 22
BTW, I know that few people use it but the ability to pre-authorize checks on the Desktop application has vanished.
When I try to pre-authorize on the phone application, it works well but the balance is not adjusted.
I am wondering if Gobank is getting rid of the annoying pre-authorization thing.
Minos
When I try to pre-authorize on the phone application, it works well but the balance is not adjusted.
I am wondering if Gobank is getting rid of the annoying pre-authorization thing.
Minos
Feb 21, 2019, 12:00 pm
#628
Join Date: Feb 2019
Posts: 3
I'll try to be as vague as possible in case I'm wrong. But, has anyone else not received a credit for a purchase today? It seems like a certain MS avenue was modified last night. I was expecting to receive a notification on my phone, but it never came. Anyone else running into this? The terms and conditions were updated at some point within the past week. Hopefully this is a glitch, but it was fun while it lasted.
Last edited by ChurnerMcChurnFace; Feb 21, 2019 at 1:46 pm
Feb 25, 2019, 6:29 am
#629
Join Date: Dec 2009
Location: HNL
Programs: UA 1K; Marriott Plat; Hyatt Diamond; CCarlson Elite
Posts: 641
I'll try to be as vague as possible in case I'm wrong. But, has anyone else not received a credit for a purchase today? It seems like a certain MS avenue was modified last night. I was expecting to receive a notification on my phone, but it never came. Anyone else running into this? The terms and conditions were updated at some point within the past week. Hopefully this is a glitch, but it was fun while it lasted.