Is there a monthly fee for GO2bank debit card? (2024)

Is there a monthly fee for GO2bank debit card?

GO2bank Account Basics. A Go2bank Account is a mobile bank account that combines a checking account and a high-yield savings account. It also includes a Visa debit card. GO2bank charges a $5 monthly service fee unless you receive ongoing direct deposits.

Does GO2bank charge a monthly fee?

You will be charged $5 per month for a GO2bank account. However, we'll waive this fee whenever you receive a payroll or government benefits direct deposit in the previous monthly statement period.

Where can I use my GO2bank card for free?

With a GO2bank debit card, you have access to free cash withdrawals at thousands of in-network ATMs nationwide within the All point ATM network. Log in to the GO2bank app or GO2bank.com to find a free ATM location near you.

How much does GO2bank charge for ATM fees?

Log in to the app or GO2bank.com to find a free in-network ATM near you. A $3.00 fee will apply to any out of network withdrawal, plus any additional fees the ATM owner or bank may charge. ATM withdrawal limits apply. See your Deposit Account Agreement for details.

Is GO2bank a prepaid card or debit card?

GO2bank Visa Debit cards are sold at major retailers nationwide including 7-Eleven, Kroger and Walgreens.

How much is the GoBank monthly fee?

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, click here. For all GoBank accounts, you must be at least 18 years of age.

Why does my debit card have a monthly fee?

Monthly fees: Some banks charge monthly account maintenance fees for checking accounts and — by extension — debit card holders. However, these fees can usually be waived if you maintain a minimum balance or have a certain amount of money deposited into your account on a monthly basis.

What is the maintenance fee for GO2bank?

No monthly fees with eligible direct deposit, otherwise $5 per month^*

How much can I spend daily with GO2bank?

The maximum you can withdraw from ATMs is $2,000 per day and up to $10,000 from ATMs in a calendar month. Your daily spend limit is $10,000 per day. Fees and limits may vary or are subject to change. See your Deposit Account Agreement for details.

What is the maximum you can take off a GO2bank card?

Daily and Monthly Cash Withdrawals. You may withdraw up to $500 in cash from ATMs per day and up to $3,000 in cash from ATMs per month.

Can I withdraw money from GO2bank at Walmart?

1. Visit any Walmart and go to the MoneyCenter or Customer Service center. 2. Tell the associate that you want to pick up cash, show them your government-issued photo ID and cash pick up barcode generated from your account.

Is GO2bank a savings or checking account?

GO2bank is a neobank by Green Dot, a financial technology company with the rare benefit of having a banking license to provide federal deposit insurance. Like the firm's first banking enterprise, GoBank, GO2bank has a checking account with separate savings subaccounts called vaults.

Can someone send me money to my GO2bank account?

Others can transfer money from their bank account to your GO2bank account by visiting their bank's website or app.

How trustworthy is GO2bank?

We're a Member FDIC bank and a brand of Green Dot Corporation, which means your money is federally insured up to $250,000 and never held by a third-party bank. With GO2bank, your money is always kept safe with a financial innovations company that has managed more than 67 million accounts over the last 23 years.

Why did I randomly get a GO2bank card?

You were specially selected to receive a GO2bank offer because you're a prior customer OR you opted in to receive marketing from one of our trusted third-party partners.

How does GO2bank debit card work?

It's simple. When depositing cash with your GO2bank chip-enabled debit card, swipe it at the terminal when prompted by the cashier. When making a purchase with your GO2bank chip-enabled debit card, insert your chip when prompted by the cashier or when the PIN-pad screen indicates it's time to insert the chip.

What bank is GO2bank under?

Green Dot Bank also operates under the following registered trade names: GO2bank, GoBank and Bonneville Bank. All of these registered trade names are used by, and refer to, a single FDIC-insured bank, Green Dot Bank.

Which debit card has no monthly fee?

The Direct Express card is free of most fees, including monthly fees, transaction fees, and cash reload fees. Users also receive one free ATM withdrawal with each deposit to the card.

Is there a fee every time I use my debit card?

Yes. Debit card processing fees involve interchange fees, which vary by card and bank, and payment processing fees, which vary by provider.

Can you be charged a fee for using a debit card?

A merchant may charge a flat fee called a “convenience fee” to buyers who choose to use an electronic payment method (like a credit or debit card), but only if the merchant also provides a direct payment option by check, cash, or money order where no convenience fee is charged.

How do I avoid monthly fees on GO2bank?

Your monthly fee is waived whenever you receive a payroll or government benefits direct deposit in the previous monthly statement period.

Which is better Chime or GO2bank?

The Chime Savings Account pays 2.00% APY on all balances. However, you would need to also open the Chime® Checking Account. Meanwhile, the GO2bank™ Savings Account pays 4.50% APY on balances up to $5,000 (no interest is earned on balance over $5,000). If you like using paper checks, then you'll probably prefer GO2bank.

Why is my bank charging me a monthly maintenance fee?

Financial institutions are for-profit businesses and need to make money to survive. Monthly maintenance fees contribute to this profit and help cover operating costs. These monthly fees can help banks offset some of the costs involved with day-to-day operations and certain account features.

What are the restrictions on GO2bank?

The daily cash deposit limit per GO2bank account is $3,000. GO2bank may accept direct deposits for pay or benefits in excess of that limit at it's sole discretion.

How long does it take for GO2bank to deposit money?

Funds from a bank transfer will be available on your GO2bank account by 10:00 pm PST, 3 business days after the transfer is initiated.