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)
#1351
Join Date: Dec 2008
Location: DUB-BOS
Programs: various
Posts: 3,690
#1353
Join Date: Jun 2019
Posts: 9
#1354
Join Date: Aug 2015
Posts: 2,061
will try again
#1355
Join Date: Feb 2016
Posts: 826
I can confirm that no fee was charged for go back load at WM. The fee fiasco only lasted a few days . Only issue is 1.5K load failed, then tried 1K that failed. $500 worked. I know I had not met my monthly quota so for some reason it looks like it is limited to $500 per transaction, you may be able to load multiple transaction till the daily and 30 day limit.
I thought 1.5k load should work as that would be total of 4 card swipe per transaction.
I thought 1.5k load should work as that would be total of 4 card swipe per transaction.
#1356
Join Date: Aug 2015
Posts: 2,061
I can confirm that no fee was charged for go back load at WM. The fee fiasco only lasted a few days . Only issue is 1.5K load failed, then tried 1K that failed. $500 worked. I know I had not met my monthly quota so for some reason it looks like it is limited to $500 per transaction, you may be able to load multiple transaction till the daily and 30 day limit.
I thought 1.5k load should work as that would be total of 4 card swipe per transaction.
I thought 1.5k load should work as that would be total of 4 card swipe per transaction.
#1357
Join Date: Jun 2019
Posts: 9
#1358
Join Date: Jun 2019
Posts: 9
#1359
Join Date: Feb 2015
Posts: 76
It has been $500 per transaction for a long time. Multi loads were indeed allowed.
QUOTE=Gitangali;33446650]I can confirm that no fee was charged for go back load at WM. The fee fiasco only lasted a few days . Only issue is 1.5K load failed, then tried 1K that failed. $500 worked. I know I had not met my monthly quota so for some reason it looks like it is limited to $500 per transaction, you may be able to load multiple transaction till the daily and 30 day limit.
I thought 1.5k load should work as that would be total of 4 card swipe per transaction.[/QUOTE]
QUOTE=Gitangali;33446650]I can confirm that no fee was charged for go back load at WM. The fee fiasco only lasted a few days . Only issue is 1.5K load failed, then tried 1K that failed. $500 worked. I know I had not met my monthly quota so for some reason it looks like it is limited to $500 per transaction, you may be able to load multiple transaction till the daily and 30 day limit.
I thought 1.5k load should work as that would be total of 4 card swipe per transaction.[/QUOTE]
#1361
Join Date: Feb 2016
Posts: 826
I can do some grocery rewards but the cards I can buy are meta bank and it was pain to load $500 VGC in WM few months ago. I got tired and not bought a meta VGC in a while. Swipe 2-3 times is working for some people, I would try 2 times and it didn't work for me. Also, I thought it is too much pain to swipe 2-3 times and with that you can only get ahead so much as you can not do decent MSing. On a 5% reward with 1% cost , it's too much of hassle. What ya think?
99 load is not much either.
99 load is not much either.
#1362
Join Date: Jul 2020
Posts: 97
I can’t seem to find a definite answer, but I have a couple of questions. (1) is the $3k 30 day limit based on calendar month, statement cycle, or any rolling 30 days? (2) does the $500 DD count towards limit? Thanks!
Last edited by miss_travel; Jul 31, 2021 at 9:27 am
#1363
Join Date: Feb 2015
Posts: 76
2) the 500$ deposit doesnot count.
#1364
Join Date: Jul 2020
Posts: 97
Thanks for the info! I agree that the 3k limit may not be strict, but wanted to stay on the good side and keep the account long term. Not a heavy MSer here, but find Go useful when gift card deals pop up.
#1365
Join Date: Dec 2014
Posts: 3
Has anyone had problems in loading GoBank card using Metabank vgc recently? On 7/28, I went to regular cashier and tried to load $500, but I swiped Metabank vgc three times and got declined (Debit Not Available). I then swiped another Metabank vgc twice and still got declined. I successfully loaded $500 (one swipe) on 7/23 at the same Walmart. My friend swiped four times and got declined at the same Walmart at the same day. I did not have a chance to load $99.