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)
#646
Join Date: Sep 2014
Posts: 1,837
So I read there is a $2,999 balance limit on GD without direct deposit.
Is this new?
I have a WM MoneyCard which I only load with VGC at WM
and yesterday hit an error about exceeding load limit.
I've only loaded $1,600 in last 30 days so not velocity!
I would have been over $3K with this load attempt.
When my employer upgrades payroll system I'll be able
to split direct deposits, so then I'll send $500 every month
and if I've read right, that raises the cap to $10K.
Is this new?
I have a WM MoneyCard which I only load with VGC at WM
and yesterday hit an error about exceeding load limit.
I've only loaded $1,600 in last 30 days so not velocity!
I would have been over $3K with this load attempt.
When my employer upgrades payroll system I'll be able
to split direct deposits, so then I'll send $500 every month
and if I've read right, that raises the cap to $10K.
I have Direct Deposit on my account and was unable to load when it was over 3k.
#647
Join Date: May 2014
Location: East Coast
Posts: 70
Had 3 500 loads done at wally just disappear. They posted to my gbank account originally, i made a payment with those funds that pymt. cleared, but those 3 loads have vanished from my account for a few days now. anyone else have that happen?
#648
Join Date: Feb 2017
Posts: 271
yeah, happened to me... I freaked out because i checked the card, it was drained, but the deposit was not showing up on my account. If you call the automated system, it'll list those transactions correctly. It'll also show up in a few days.
#649
Join Date: May 2014
Location: East Coast
Posts: 70
The 3 missing loads just reappeared. They were mia for about 3-4 days.
#650
Join Date: Oct 2014
Location: Northern Virginia
Posts: 89
Looks like money transfered from the vault may also be counting against the 3k load limit. My 30 day load window including debit, dIrect deposit, and a vault transfer happens to be exactly 3k, and I got the exceeded load limit error today at WM. I tried loading less than both the dd and vault amounts.
#651
Join Date: Jul 2013
Location: DFW
Programs: AA, DL, UA
Posts: 5
I have two gobank cards, one under 3k balance and one over 3k balance.
I have been able to load the one with balance under 3k successfully and the one over 3k cannot be loaded.
Both are way under the load/month limits.
#652
Join Date: Sep 2014
Location: Metro ATL
Posts: 359
Yes, it looks like this new balance limit is in effect now from last month so varying data points here.
I have two gobank cards, one under 3k balance and one over 3k balance.
I have been able to load the one with balance under 3k successfully and the one over 3k cannot be loaded.
Both are way under the load/month limits.
I have two gobank cards, one under 3k balance and one over 3k balance.
I have been able to load the one with balance under 3k successfully and the one over 3k cannot be loaded.
Both are way under the load/month limits.
I knew I was well over 30-day rolling period but moved more than $3k to my account to pay off some cc.
I just emptied my account and will try on Tuesday lo load again. I'll report back.
If anyone has data about Vault balance interfering with loads please report.
#654
Join Date: Jan 2012
Programs: Marriott/SPG Plat, Hilton Gold
Posts: 887
Can anyone else with Direct Deposit of at least $500/month, confirm is this $3K balance limit holds true?
The GeenDot website says $2.5K (cash load) and $10K (DD).
https://m.greendot.com/legal/fees
Expanding on detail of my previous report:
Walmart MoneyCard (old version) no DD just VGC loads at WM
2,400 in main + 500 stashed in vault (sweepstakes entries)
Only 1,800 of VGC loads in prior 30 days
Denied load of $200 with slip "exceeded card load limit"
Bled off some cash with billpay to utilities,etc, then load suceeded.
Thanks!
The GeenDot website says $2.5K (cash load) and $10K (DD).
https://m.greendot.com/legal/fees
Expanding on detail of my previous report:
Walmart MoneyCard (old version) no DD just VGC loads at WM
2,400 in main + 500 stashed in vault (sweepstakes entries)
Only 1,800 of VGC loads in prior 30 days
Denied load of $200 with slip "exceeded card load limit"
Bled off some cash with billpay to utilities,etc, then load suceeded.
Thanks!
Last edited by ElPresidente; Mar 10, 2019 at 11:07 am
#655
Join Date: Aug 2015
Posts: 2,061
Can anyone else with Direct Deposit of at least $500/month, confirm is this $3K balance limit holds true?
The GeenDot website says $2.5K (cash load) and $10K (DD).
https://m.greendot.com/legal/fees
Expanding on detail of my previous report:
Walmart MoneyCard (old version) no DD just VGC loads at WM
2,400 in main + 500 stashed in vault (sweepstakes entries)
Only 1,800 of VGC loads in prior 30 days
Denied load of $200 with slip "exceeded card load limit"
Bled off some cash with billpay to utilities,etc, then load suceeded.
Thanks!
The GeenDot website says $2.5K (cash load) and $10K (DD).
https://m.greendot.com/legal/fees
Expanding on detail of my previous report:
Walmart MoneyCard (old version) no DD just VGC loads at WM
2,400 in main + 500 stashed in vault (sweepstakes entries)
Only 1,800 of VGC loads in prior 30 days
Denied load of $200 with slip "exceeded card load limit"
Bled off some cash with billpay to utilities,etc, then load suceeded.
Thanks!
#657
Join Date: Jan 2012
Programs: Marriott/SPG Plat, Hilton Gold
Posts: 887
#659
Join Date: Feb 2014
Posts: 5
#660
Join Date: Jan 2012
Programs: Marriott/SPG Plat, Hilton Gold
Posts: 887
I am reticent to seek official confirmation, and stick my neck out, and get shutdown in the process.