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)
Feb 5, 2020, 10:18 pm
#961
Join Date: Jun 2015
Posts: 644
It seems to be available from the website but not in the mobile app. Seems like they are making some updates because I added a new payee and got an email about it that i never happened before. The email had a # to contact and it is out of service 
Feb 8, 2020, 12:11 pm
#964
Join Date: Dec 2008
Location: DUB-BOS
Programs: various
Posts: 3,690
Feb 8, 2020, 12:40 pm
#965
Join Date: Apr 2015
Posts: 239
It’s an easy way to drain over $2k off the card for me. I have some Walmart’s near me that won’t allow split payments, so I need a separate MO for every $500 VGC. Or I can load multiple $500 VGC’s to GoBank and only have to get 1-2 MO’s to drain the card.
Feb 8, 2020, 7:09 pm
#966
Join Date: Oct 2014
Posts: 51
Why not billpay directly to the CC?
Feb 8, 2020, 8:39 pm
#967
Join Date: Apr 2015
Posts: 239
I don't like paying my CC bill from multiple accounts. I prefer to pay my bill every month from one bank account, and since GoBank only allows $3k load/month, it wouldn't cover my total CC charges. The only thing I like to do with my CC in relation to MS is the actual purchase of the VGC. Other than that, I don't like GoBank/Bluebird/Serve etc linked to any of my CC's. To me it's just easier to manage. A bank account getting shut down is no biggie for me. A CC getting shut down is a much bigger problem.
Feb 12, 2020, 9:29 am
#969
Join Date: Sep 2018
Programs: Marriott BonvAnnoyed
Posts: 106
Just be careful with GB: I have had someone using my debit card in middle of nowhere states (basically far from my home state), so far total damage is $2k+. I have filed the dispute with them. They were all debit card transactions, and funny thing is debit card never left my home except for WMT loads.
Feb 12, 2020, 10:30 am
#971
Join Date: Apr 2015
Posts: 239
that’s my concern. It’s an easy way to liquidate the VGC’s, so I don’t wanna burn that bridge by loading $4k/month. The extra $1k isn’t worth it. If I get shutdown so be it, but at least it won’t be for something I knew I could’ve avoided.
Feb 12, 2020, 6:46 pm
#972
Join Date: Mar 2007
Location: S Cal
Programs: AA Lifetime Plat, United Silver, Marriott Plat, IHG Plat
Posts: 1,142
Just be careful with GB: I have had someone using my debit card in middle of nowhere states (basically far from my home state), so far total damage is $2k+. I have filed the dispute with them. They were all debit card transactions, and funny thing is debit card never left my home except for WMT loads.
The good news: after some frustration, I did ultimately get my money back.
Here's what I have done since. The GB website allows you to set notifications. So:
- after signing in, click your name up at the top of the page
- click Settings
- click Devices and Notifications
- there are a bunch of sliders. You can pick the sensitivity, but I've set it to the max. I get a notification on my mobile phone and in my email for a purchase over $1, gas purchase over $1, and an ATM withdrawal greater than $15.
So if there is any future funny business, I am not expecting GB to detect it, but I should get an immediate notification for any transaction over those amounts. Fortunately, it hasn't happened again.
I used to use my GB debit card on occasion to make it look like I was a "regular" customer and not an MSer. I don't do that anymore. I feel much more secure using my credit cards for all transactions. The major banks are very good about notifying me immediately if they detect something funny in my credit card account, and the major banks make it easy to recover your money when there is credit card fraud.
Feb 14, 2020, 6:03 am
#973
Join Date: Jun 2003
Location: New York city
Posts: 87
Received this email this morning:
We are writing to inform you that as of November 12, 2019, the recipient of a Person to Person transfer can no longer use PayPal to receive the funds that you have sent from your debit account.
In the meantime, there are other ways to send money!
In the meantime, there are other ways to send money!
- Initiate a Person to Person transfer to another registered Green Dot accountholder
- Use a MoneyPak to deposit money to a prepaid or bank debit card. Visit MoneyPak.com for terms, conditions and eligible cards. Must be 18 or older to use this product. Retail service fee and limits apply.
Feb 15, 2020, 11:11 am
#974
Join Date: Jul 2005
Location: Chicago, IL
Programs: AA EP; WN CP;UA SILVER; MARRIOTT TITANIUM; HH DIAMOND; IHG PLAT; RADISSON PLAT; HYATT GLOBAL
Posts: 1,938
Typical go bank behavior, send a notice that is 90 days late.
This is only for pulling money out of account correct?
I use Paypal to deposit into account to waive dd fee.
This is only for pulling money out of account correct?
I use Paypal to deposit into account to waive dd fee.