GO2bank
Simple payment solution, mobile banking, credit reporting, secured card and cash back rewards
Updated: Jul 4, 2024
GO2bank is a Green Dot Bank brand that offers GO2bank secured Visa card to build credit, optional debit card, high-yield savings account, online banking, and free credit reporting to all 3 credit Bureaus. GO2bank goal is to give quality support, easy access, high rewards and attractive benefits for account holders.
ANNUAL FEE
$0
ONGOING APR
See Terms
INTRO APR
N/A
at Go2bank's Secured website
Apply NowIntroductory APR
N/A
Intro APR Period
N/A
Recommended Credit Score
Bad Credit OK
Key Features
- Overdraft protection up to $200 with opt-in and eligible direct deposit*
- No monthly fees with eligible direct deposit, otherwise $5 per month
- Earn up to 7% cash back when you buy eGift Cards in the app
- Get your pay up to 2 days early. Get your government benefits up to 4 days early.*
- High yield savings account, 4.50% APY paid quarterly on savings up to $5,000.*
Our Take
The Go2bank Secured Card is available for those who already have the Go2bank account and want to start building credit. There is no credit check, no annual fee, and free monthly credit reporting. The card has $100 – $20,000 secured credit limit and is one of the best secured cards to build a credit score.
What Are GO2Bank Secured Card Benefits?
- No annual fee. GO2bank Secured card has no annual fee
- Build credit. Reports to all three Credit Bureaus for building credit faster
- No credit check when apply. Bank accepts all credit. Application will not affect your credit score
- High limit. The Maximum credit card limit is $20,000, which is indeed very high as for a secured card. The mimimum is $100
- Monthly credit score. You can follow your score growth with free monthly VantageScore program
How Does GO2bank Secured Card work?
- You need to set up a ASAP Direct Deposit on your Go2bank account
- Get at least $100 in direct deposits over 1 month period
- Apply online for Go2bank Secured Visa Credit Card
- Make initial deposit of at least $100 to set up your refundable security deposit
- Enjoy your new secured credit card, and start building your credit. Go2bank, like Sable, reports all your credit activities to 3 Credit Bureaus
Other Important Fees
- The monthly fee is $0 whenever you receive government benefits or a payroll direct deposit in the previous monthly statement period. Otherwise, fee is $5 per month.
- There is no fee for transfering money from a linked bank account.
- Cash deposits has up to $4.95 retail service fee.
- There is a 1.5% fee (min $1.00) added to each transfer amount when transfer accures from a linked debit card.
- There is a 1% or 5% fee for instant checks cashing with the app. Fee depends on a check type. The minumum fee is $5 per check.
Go2bank Secured Card Competition
| Issuer: | Green Dot Bank |
|---|---|
| Network: | VISA® |
| Category: | Consumer (Secured) |
| Best Used For: |
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| Rewards: | Yes |
| Reward Types: |
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| Reward Units: | Cash |
| Regular APR: | See Terms |
|---|---|
| Regular APR Type: | |
| Annual Fee: | $0 |
| Balance Transfer: | No |
| Other Fees: |
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GO2bank Alternatives
GO2bank |
| APPLY NOW |
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Annual Fee $0 |
|
Regular APR See Terms |
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Intro APR N/A |
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Rec. Credit Score Bad Credit OK |
Additional Information & Comments
*Terms and conditions apply. Cards issued by GO2bank, Member FDIC, pursuant to a license from Visa U.S.A., Inc. Overdraft fees may apply. Click Apply Now to learn more.
IMPORTANT
*The information provided for GO2bank is believed to be accurate at the time of evaluation or recent update on July 4, 2024. However, we strongly advise visitors to review the card fees and Terms & Conditions on the issuer's website by following Apply Now link to verify the accurancy of the information posted prior to applying for this card offer.
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