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)
Dec 10, 2019, 11:04 am
#902
Join Date: Apr 2015
Posts: 239
I know there's some discrepancy about the $3k/month load limit...some can load more, others get cutoff at the $3k mark. Quick question though, does the $3k/month include the $500 DD to avoid the monthly fees? In other words, can I load $3k at WM with gebits and still load another $500 from direct deposit?
Dec 10, 2019, 11:47 am
#903
Original Member
Join Date: May 1998
Location: West Palm Beach, FL, USA
Programs: AA EXP, Hilton Gold, Marriott Platinum, ALL Gold
Posts: 206
I know there's some discrepancy about the $3k/month load limit...some can load more, others get cutoff at the $3k mark. Quick question though, does the $3k/month include the $500 DD to avoid the monthly fees? In other words, can I load $3k at WM with gebits and still load another $500 from direct deposit?
Dec 10, 2019, 11:51 am
#904
Join Date: Apr 2015
Posts: 239
My experience is that it does not. I have a biweekly transfer from my bank for $250 to avoid the monthly fee and routinely load $3K per month at WM. I have been doing this on two cards for years and have never had a problem. Over the years the maximum amount of each load has shrunk. It used to be $1000, then $800. Now it's down to $500 per load. Totals of all loads cannot exceed $2500 per day, $3000 every 30 days.
Dec 10, 2019, 4:47 pm
#905
Join Date: Jul 2019
Posts: 8
I know there's some discrepancy about the $3k/month load limit...some can load more, others get cutoff at the $3k mark. Quick question though, does the $3k/month include the $500 DD to avoid the monthly fees? In other words, can I load $3k at WM with gebits and still load another $500 from direct deposit?
Dec 10, 2019, 6:37 pm
#906
Join Date: Nov 2017
Programs: none
Posts: 106
That's been my experience, I normally load VGC from 2800 to 3200 per month, in addition to the 500.xc dd , never had issues.
Dec 11, 2019, 6:53 am
#907
Join Date: Apr 2014
Programs: Hilton - Diamond, IHG - Spire Amb
Posts: 901
Hi all - I recently experienced fraud on my Greendot/GoBank/Uber Debit card, and I've hear rumors of fraud against these cards being somewhat common.
More disturbingly, Greendot has completely failed to do any meaningful investigation of my fraud claims until I took extreme measures. They denied my claims, twice, without any apparent investigation whatsoever, nor did I receive communication from them (the promised "letter") either time. I didn't find out the claim was denied until I contacted them again.
I was finally able to get some action out of them using a scattershot strategy of filing a CFPB complaint(which was then forwarded to the Federal Reserve) and contacting the Greendot executive office. Not sure which one was ultimately successful.
Has anyone else out there experienced similar borderline criminal behavior from these slimy effers?
More disturbingly, Greendot has completely failed to do any meaningful investigation of my fraud claims until I took extreme measures. They denied my claims, twice, without any apparent investigation whatsoever, nor did I receive communication from them (the promised "letter") either time. I didn't find out the claim was denied until I contacted them again.
I was finally able to get some action out of them using a scattershot strategy of filing a CFPB complaint(which was then forwarded to the Federal Reserve) and contacting the Greendot executive office. Not sure which one was ultimately successful.
Has anyone else out there experienced similar borderline criminal behavior from these slimy effers?
- what kind of fraud - details?
- how did you dispute?
- extreme measures?
Dec 11, 2019, 7:06 am
#908
Join Date: Jun 2015
Posts: 644
Loaded funds missing next day
I was able to load 2 x $500 using vgc to my gobank at WM yesterday and was able to see the funds in the account after the deposit. When I checked the account today one of the $500 is missing from the transactions and I checked the balance on the vgc still says 0. Is there a recourse here to call gobank and get this sorted out or is this a lost cause? Any suggestions are appreciated
Dec 11, 2019, 7:18 am
#909
Join Date: Jul 2019
Posts: 8
I was able to load 2 x $500 using vgc to my gobank at WM yesterday and was able to see the funds in the account after the deposit. When I checked the account today one of the $500 is missing from the transactions and I checked the balance on the vgc still says 0. Is there a recourse here to call gobank and get this sorted out or is this a lost cause? Any suggestions are appreciated
Dec 11, 2019, 9:15 am
#911
Join Date: Apr 2015
Posts: 239
Dec 12, 2019, 9:19 am
#912
Join Date: Mar 2007
Location: S Cal
Programs: AA Lifetime Plat, United Silver, Marriott Plat, IHG Plat
Posts: 1,142
I was able to load 2 x $500 using vgc to my gobank at WM yesterday and was able to see the funds in the account after the deposit. When I checked the account today one of the $500 is missing from the transactions and I checked the balance on the vgc still says 0. Is there a recourse here to call gobank and get this sorted out or is this a lost cause? Any suggestions are appreciated
Dec 12, 2019, 6:27 pm
#913
Join Date: Jun 2015
Posts: 644
Don't panic. The GB website is a little screwy. I recently did 2 loads in one day at different stores. My wife saw something she liked at store #1 , but it wasn't in stock in her size, so we quickly drove to store #2 . The loads were only about 1 hour apart. One load showed up in my transactions list the next day. The other took an extra day to appear.