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)
May 6, 2019, 3:50 pm
#691
Join Date: Sep 2014
Location: Metro ATL
Posts: 359
Obviously, you are new to MS. Please read this thread couple of months back and you will find clues where and how to load GB account at different locations.
Actually, you might want to start by reading WIKI at the top of the screen.
Actually, you might want to start by reading WIKI at the top of the screen.
May 9, 2019, 6:57 am
#693
Join Date: Dec 2008
Location: DUB-BOS
Programs: various
Posts: 3,690
There was some sort of issue recently, I got an email apologizing about tech issues that caused delays. Fortunately it did not matter for timing on these particular payments. Would have been pi$$ed if it caused me to miss a cc payment due date
May 9, 2019, 4:55 pm
#694
Join Date: Apr 2019
Posts: 251
Reading the thread it appears GoBank doesn't like ACH pulls. It seems like they wouldn't like me sending a personal check since that would just initiate an ACH pull as well, right? So that leaves using their billpay. Can anyone explain to me how using GoBank billpay to pay a credit card works? Presumably there is no way to attach the statement pay stub. How are you attaching your account number? Are certain CCs better for paying this way than others? Thanks.
May 10, 2019, 5:30 am
#695
Join Date: Dec 2008
Location: DUB-BOS
Programs: various
Posts: 3,690
Reading the thread it appears GoBank doesn't like ACH pulls. It seems like they wouldn't like me sending a personal check since that would just initiate an ACH pull as well, right? So that leaves using their billpay. Can anyone explain to me how using GoBank billpay to pay a credit card works? Presumably there is no way to attach the statement pay stub. How are you attaching your account number? Are certain CCs better for paying this way than others? Thanks.
After that the cc just appears in your list of regular billers and you just select how much you want to pay and when. All happens electronically, no need for stubs
May 10, 2019, 12:08 pm
#696
Join Date: May 2014
Location: LAX
Programs: AA, UA, DL, NSA, CIA, MIB
Posts: 537
Signed up online for an account. I understand that I can do this and they'll send me a card, right? If not, I'll just swing by WM and pick one up.
After that I'll activate it, online. Then swing by Staples and pick up some VGC to unload on my new card.
Do GiftCardMall VGC work the same as Staples?
After that I'll activate it, online. Then swing by Staples and pick up some VGC to unload on my new card.
Do GiftCardMall VGC work the same as Staples?
May 10, 2019, 8:37 pm
#697
Join Date: Nov 2017
Programs: none
Posts: 106
IME, you have to pay up to 3.95 loading fee per load up to $500, Staples and GCM VGC works. Also be mindful about $8.95 monthly fee unless you have DD over $500 monthly. Best bet is to pay 2.95 at Wal-Mart to get a Mastercard gobank card in person, it's loading free only at Walmart. Things may changed from my experience, you will live and compare and learn. Best wishes.
May 18, 2019, 7:39 am
#698
Join Date: Jan 2018
Location: BGI | MIA
Programs: AA Platinum Pro | Hyatt Globalist | HH Diamond | SPG Gold
Posts: 316
Can you reload the temporary card after you purchased it and did the ID verification successfully ?
or do I need to wait for the personalized card ?
or do I need to wait for the personalized card ?
May 28, 2019, 5:00 pm
#704
Join Date: May 2014
Location: LAX
Programs: AA, UA, DL, NSA, CIA, MIB
Posts: 537
Jumped in on getting a GoBank card. I signed up online through their site, the card was delivered. I activated the card then went over to Staples to pick up 2 $100 VGC. Drove over to WM and went to the Money Center to load my card. 1st CSR had trouble with it, also I noticed it was going to charge me $3.74 for the load. I was thinking, after reading your post that I wouldn't be charged for the load. The 2nd CSR ran it through and told me there is a $3.74 charge for the load. I didn't complain, just sucked it up, loaded and walked out.
Question is if you do buy/pick up your card AT WalMart is this the only way you get FREE LOADS?
Or has WM's policy changed and they are now charging for the loads?
Question is if you do buy/pick up your card AT WalMart is this the only way you get FREE LOADS?
Or has WM's policy changed and they are now charging for the loads?
May 28, 2019, 5:04 pm
#705
Join Date: Jul 2016
Location: NY
Posts: 523
Jumped in on getting a GoBank card. I signed up online through their site, the card was delivered. I activated the card then went over to Staples to pick up 2 $100 VGC. Drove over to WM and went to the Money Center to load my card. 1st CSR had trouble with it, also I noticed it was going to charge me $3.74 for the load. I was thinking, after reading your post that I wouldn't be charged for the load. The 2nd CSR ran it through and told me there is a $3.74 charge for the load. I didn't complain, just sucked it up, loaded and walked out.
Question is if you do buy/pick up your card AT WalMart is this the only way you get FREE LOADS?
Or has WM's policy changed and they are now charging for the loads?
Question is if you do buy/pick up your card AT WalMart is this the only way you get FREE LOADS?
Or has WM's policy changed and they are now charging for the loads?